SEPP INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SEPP INC (EIN 16-0950820)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-06-23
- IRS object ID
- 201421749349300122
- Schema version
- 2012v2.1
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-06-23T12:23:28-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161170608 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOSKI & CO CPAS PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 ESSJAY RD SUITE 115 | AddressLine1 |
| City | WILLIAMSVILLE | City |
| State | NY | State |
| ZIP Code | 14221 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160950820 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEPP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEPP | NameControl |
| Phone | 6077238989 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 53 FRONT STREET | AddressLine1 |
| City | BINGHAMTON | City |
| State | NY | State |
| ZIP Code | 13905 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANTHONY FIALA | Name |
| Title | PROJECT MANAGER | Title |
| Phone | 6077238989 | Phone |
| Date Signed | 2014-06-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN T O'BRIEN | Name |
| PTIN | P01253588 | PTIN |
| Phone | 7166340700 | Phone |
| Date Prepared | 2014-06-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Name Of Principal Officer Person | ANTHONY FIALA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 53 FRONT STREET | AddressLine1 |
| City | BINGHAMTON | City |
| State | NY | State |
| ZIP Code | 13905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1033133 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SEPPINC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING LOW INCOME HOUSING | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 72936 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 157700 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 717121 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 870678 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1610 | InvestmentIncomePriorYear |
| Investment Income Current Year | 160 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 35695 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4595 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 827362 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1033133 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 228609 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 284059 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 615490 | OtherExpensePriorYear |
| Other Expenses Current Year | 545395 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 844099 | TotalExpensesPriorYear |
| Total Expenses Current Year | 829454 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -16737 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 203679 | RevenuesLessExpensesCY |
| Total Assets BOY | 2028137 | TotalAssetsBOY |
| Total Assets EOY | 1961111 | TotalAssetsEOY |
| Total Liabilities BOY | 1853094 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1787965 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 175043 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 173146 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDING LOW INCOME HOUSING | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 468068 | Expense |
| Revenue | 870678 | Revenue |
| Description | ACQUIRING REAL ESTATE FOR THE SOLE PURPOSE OF DEVELOPING LOW INCOME HOUSING PROJECTS FOR THE ELDERLY | Description |
| Total Program Service Expense | 468068 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEPP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6077238989 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 86 FRONT STREET | AddressLine1 |
| City | BINGHAMTON | City |
| State | NY | State |
| ZIP Code | 13905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DARIA GOLAZESKI | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| DENISE MUGHETTI | ||||||
| VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| C OMARR EVANS | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| RUTHANNE BULMAN | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| ANNA ADDONISIO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LEN BASSO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD DOBELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID HARDER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID D HUGHES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PETER MACIAK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KEVIN MCLAUGHLIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARK MCMANUS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| THOMAS E O'CONNOR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID G SARKISIAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JULIE SWEET | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PAT TICKNOR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD C WALLIKAS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 91760 | RelatedOrganizations |
| Government Grants | 65940 | GovernmentGrants |
| Total Contributions | 157700 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL INCOME | 531310 | 731495 | 731495 |
| INVESTMENT IN SEPP NIC | 531390 | 84183 | 84183 |
| DEVELOPERS FEE | 531390 | 55000 | 55000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 870678 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 160 | TotalRevenueColumn |
| Exclusion | $160 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| LAUNDRY AND EXTERMINIA | 900099 | 3312 | $3,312 |
| MISCELLANEOUS | 531310 | 1283 | $1,283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4595 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1033133 | TotalRevenueColumn |
| Related Or Exempt Function Income | 870678 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,755 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242159 | Total |
| Program Services | 23613 | ProgramServices |
| Management And General | 218546 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5145 | Total |
| Program Services | 4113 | ProgramServices |
| Management And General | 1032 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18704 | Total |
| Program Services | 16623 | ProgramServices |
| Management And General | 2081 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18051 | Total |
| Program Services | 12303 | ProgramServices |
| Management And General | 5748 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54379 | Total |
| Management And General | 54379 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 680 | Total |
| Management And General | 680 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12842 | Total |
| Management And General | 12842 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20724 | Total |
| Management And General | 20724 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1924 | Total |
| Management And General | 1924 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5998 | Total |
| Management And General | 5998 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54137 | Total |
| Program Services | 51355 | ProgramServices |
| Management And General | 2782 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4083 | Total |
| Program Services | 2679 | ProgramServices |
| Management And General | 1404 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 600 | Total |
| Management And General | 600 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106851 | Total |
| Program Services | 106851 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99907 | Total |
| Program Services | 99907 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29893 | Total |
| Program Services | 28293 | ProgramServices |
| Management And General | 1600 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SUPPLIES | 45412 | 45412 | |
| CONTRACTS | 44982 | 44982 | |
| REPAIRS AND MAINTENANCE | 16250 | 16250 | |
| MISCELLANEOUS | 14212 | 691 | 13521 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32521 | Total |
| Program Services | 14996 | ProgramServices |
| Management And General | 17525 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 829454 | Total |
| Program Services | 468068 | ProgramServices |
| Management And General | 361386 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 604474 | BOY |
| EOY | 25715 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53368 | BOY |
| EOY | 1606 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 70000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27621 | BOY |
| EOY | 51231 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5152788 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4600762 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 672524 | BOY |
| EOY | 552026 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 480228 | BOY |
| EOY | 357621 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 31323 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189922 | BOY |
| EOY | 871589 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2028137 | BOY |
| EOY | 1961111 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18619 | BOY |
| EOY | 3355 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1804679 | BOY |
| EOY | 1755220 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29796 | BOY |
| EOY | 29390 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1853094 | BOY |
| EOY | 1787965 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175043 | BOY |
| EOY | 173146 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175043 | BOY |
| EOY | 173146 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2028137 | BOY |
| EOY | 1961111 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 203679 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -205576 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 96419 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 67150 | CurrentTaxYearMinus1Year |
| Current Tax Year | 157700 | CurrentTaxYear |
| Total | 321269 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 96419 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 67150 | CurrentTaxYearMinus1Year |
| Current Tax Year | 157700 | CurrentTaxYear |
| Total | 321269 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 321269 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 1728 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3026 | CurrentTaxYearMinus1Year |
| Current Tax Year | 160 | CurrentTaxYear |
| Total | 4914 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4297 | CurrentTaxYearMinus4Years |
| Current Tax Year | 4595 | CurrentTaxYear |
| Total | 8892 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 335075 | TotalSupport |
| Gross Receipts From Admissions Etc | 1668369 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.95880 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.14290 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20943 | OtherCostOrOtherBasis |
| Book Value | 20943 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4793731 | OtherCostOrOtherBasis |
| Depreciation | 4293061 | Depreciation |
| Book Value | 500670 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 266577 | OtherCostOrOtherBasis |
| Depreciation | 248187 | Depreciation |
| Book Value | 18390 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 71537 | OtherCostOrOtherBasis |
| Depreciation | 59514 | Depreciation |
| Book Value | 12023 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 552026 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN SEPP-NICHOLS, INC | Description |
| Book Value | 357621 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 357621 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TENANT SECURITY DEPOSITS | 29390 |
| INSURANCE ESCROW ACCOUNT | 4764 |
| MORTGAGE INSURANCE PREMIUM | 5244 |
| OPERATING RESERVE | 676444 |
| RESERVE FOR REPLACEMENTS | 155747 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 871589 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TENANT DEPOSITS HELD IN TRUST | Description |
| Amount | $29,390 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 29390 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1033133 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1033133 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1033133 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 829454 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 829454 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 829454 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE CORPORATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. US FORMS 990 FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED JUNE 30, 2009 AND PRIOR. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE CPA COMPILES AND PREPARES THE FORM 990 WHICH IS THEN GIVEN TO THE GOVERNING BODY FOR FINAL REVIEW, AFTER FINAL REVIEW THE FORM 990 IS RETURNED TO THE CPA WHERE IT IS PROCESSED AND FILED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN A HARD COPY FORM KEPT AT THE PLACE OF BUSINESS. | |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT FOR SUBSIDIARIES REPORTED IN PRIOR RETURN -205,576. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990 PART XII LINE 2C: | NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JUNE 30, 2013 | |
| FORM 990, PAGE 1, BOX B | FORM 990 WAS AMENDED TO REFLECT CHANGES TO THE FINANCIAL STATEMENTS MADE AFTER THE RETURN WAS FILED, ELIMINATING ACTIVITY FROM A RELATED ENTITY WHICH WAS INCLUDED IN THE FORM AS ORIGINALLY FILED. CHANGES ARE AS FOLLOWS: INCREASE IN REVENUE: INVESTMENT INCOME - SEPP NICHOLS, INC. $84,183 OTHER MISCELLANEOUS INCOME (977) --------- CHANGE IN REVENUE: $83,206 CHANGE IN EXPENSES: -0- NET REVENUE (AS ORIGINALLY FILED) $120,473 NET REVENUE (AMENDED) $203,679 CHANGES TO ASSETS: INCREASE IN CASH (NON-INTEREST-BEARING) $ 12 DECREASE IN INVESTMENT (PROGRAM-RELATED) (125,865) ---------- DECREASE IN ASSETS (990 PART X, LINE 16) $(125,853) TOTAL ASSETS (AS ORIGINALLY FILED) $2,086,964 TOTAL ASSETS (AMENDED) $1,961,111 RECONCILIATION OF NET ASSETS (990 PART XI, LINE 8 & 9): PRIOR PERIOD ADJUSTMENT (AS ORIGINALLY FILED) $3,483 CHANGE IN REVENUE (AMENDED) ($83,206) DECREASE IN ASSETS ($125,853) ---------- OTHER CHANGES IN NET ASSETS (PT X, LINE 9) $(205,576) REVENUE AMOUNTS ON SCHEDULES A & D HAVE BEEN ADJUSTED ACCORDINGLY. | AMENDED RETURN |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARIAN APARTMENTS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 53 FRONT STREET | AddressLine1 |
| City | BINGHAMTON | City |
| State | NY | State |
| ZIP Code | 13905 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | HOUSING | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Total Income | 736250 | TotalIncome |
| EOY Assets | -954840 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEPP INC | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| SEPP MANAGEMENT COMPANY INC | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 161399415 | HOUSING MANAGEMENT | NY | 501(C)(3) | LINE 9 | 0 |
| SEPP HDFC (WELLS APTS) | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 161241738 | LOW-INCOME APTS | NY | 501(C)(3) | LINE 9 | 0 |
| KIME APTS | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 830448624 | LOW-INCOME APTS | PA | 501(C)(3) | LINE 9 | 0 |
| SEPP RURAL ELDERLY HSG (WHITNEY POINT) | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 161311568 | LOW-INCOME APTS | NY | 501(C)(3) | LINE 9 | 0 |
Form990 Schedule R Part III Form990ScheduleRPartIII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | EINEIN | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HARRY L APARTMENTS CO 1 LP | |||||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | HOUSING | NY | SEPP HARRY L INC | RELATED | 0 | 1 | ||
| WINDSOR HOUSING COMPANY I LP | |||||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | HOUSING | NY | SEPP INC | RELATED | 0 | 1 | 161399283 | 0.00500 |
| HAMILTON HOUSE APARTMENT CO I LP | |||||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | HOUSING | NY | SEPP INC | RELATED | 0 | 1 | 161553486 | 0.00500 |
| NICHOLS NOTCH APTS CO INC | |||||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | HOUSING | NY | SEPP NICHOLS INC | RELATED | 0 | 1 | ||
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| CREAMERY HILLS INC | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 161499392 | HOUSING | NY | SEPP INC | S | 0 |
| SEPP HARRY L INC | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 205568777 | HOUSING | NY | SEPP INC | S | 0 |
| SEPP NICHOLS INC | |||||||||
| 53 FRONT STREET | BINGHAMTON | NY | 13905 | 113647649 | HOUSING | NY | SEPP INC | S | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEPP MANAGEMENT COMPANY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 91760 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |