SOUTH JEFFERSON HOUSING DEVELOPMENT FUND CO INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SOUTH JEFFERSON HOUSING DEVELOPMENT FUND CO INC (EIN 22-2365335)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-10-23
IRS object ID: 201302969349300315
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-10-23T09:51:04-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	POULSEN & PODVIN CPA PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	145 CLINTON ST STE 109	AddressLine1
City	WATERTOWN	City
State	NY	State
ZIP Code	136013621	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	222365335	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SOUTH JEFF HSG DEV FUND CO INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SOUT	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	87 E CHURCH ST	AddressLine1
City	ADAMS	City
State	NY	State
ZIP Code	13605	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	LINDA WHITNEY	Name
Title	PRESIDENT	Title
Date Signed	2013-09-26	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD POULSEN	Name
Phone	3157885490	Phone
Date Prepared	2013-10-22	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	499653	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Activity Or Mission Description	TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND MOBILITY IMPAIRED.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	4	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	486352	ProgramServiceRevenuePriorYear
Program Service Revenue CY	495789	ProgramServiceRevenueCY
Investment Income Prior Year	1642	InvestmentIncomePriorYear
Investment Income Current Year	966	InvestmentIncomeCurrentYear
Other Revenue Prior Year	7069	OtherRevenuePriorYear
Other Revenue Current Year	2898	OtherRevenueCurrentYear
Total Revenue Prior Year	495063	TotalRevenuePriorYear
Total Revenue Current Year	499653	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	131864	SalariesEtcPriorYear
Salaries Etc Current Year	136830	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	325887	OtherExpensePriorYear
Other Expenses Current Year	444705	OtherExpensesCurrentYear
Total Expenses Prior Year	457751	TotalExpensesPriorYear
Total Expenses Current Year	581535	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	37312	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-81882	RevenuesLessExpensesCY
Total Assets BOY	2425855	TotalAssetsBOY
Total Assets EOY	2316404	TotalAssetsEOY
Total Liabilities BOY	2267465	TotalLiabilitiesBOY
Total Liabilities EOY	2239896	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	158390	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	76508	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND MOBILITY IMPAIRED.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	433072	Expense
Description	HUD SUBSIDIZED RENTAL HOUSING FOR ELDERLY AND MOBILITY IMPAIRED INDIVIDUALS WITH LOW INCOME.	Description
Total Program Service Expense	433072	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	6	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	4	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	CHRISTOPHER COMMUNITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3154241822	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	990 JAMES STREET	AddressLine1
Address Line2	990 JAMES STREET	AddressLine2
City	SYRACUSE	City
State	NY	State
ZIP Code	13204	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
LINDA WHITNEY
PRESIDENT	5.00	X	X	0	0	0
TOM WILLIAMS
VICE PRES.	1.00	X	X	0	0	0
BEVERLY FRANKLIN
SECRETARY	5.00	X	X	0	0	0
ANNA DENNY
BOARD MEMBER	1.00	X		0	0	0
JOHN VANEPPS
BOARD MEMBER	1.00	X		0	0	0
MARILYN HENRY
BOARD MEMBER	1.00	X		0	0	0
MEGAN WHITNEY
BOARD MEMBER	1.00	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENTAL INCOME - GROSS POTENTI	397628	397628
MISC RENT REVENUE - RES REC	98572	98572
SPECIAL CLAIMS	709	709
VACANCY LOSS	-1120	-1120

Field	Value	IRS element (for citing)
Total Program Service Revenue	495789	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	966	TotalRevenueColumn
Exclusion	$966	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
LAUNDRY CONCESSION	2417	2417
MISCELLANEOUS REVENUE	481	481

Field	Value	IRS element (for citing)
Total Other Revenue	2898	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	499653	TotalRevenueColumn
Related Or Exempt Function Income	498687	RelatedOrExemptFunctionIncome
Exclusion	$966	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	109861	Total
Program Services	20281	ProgramServices
Management And General	89580	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	17048	Total
Program Services	17048	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	9921	Total
Program Services	9921	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	34870	Total
Management And General	34870	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	9260	Total
Management And General	9260	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	8364	Total
Program Services	8364	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1710	Total
Management And General	1710	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	20331	Total
Program Services	11220	ProgramServices
Management And General	9111	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	126929	Total
Program Services	126929	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	361	Total
Management And General	361	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	108246	Total
Program Services	108246	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	29733	Total
Program Services	29733	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
MISC FINANCIAL EXPENSES	98572	98572
MISC. ADMIN. EXPENSE	3571		3571
MISC. OPERATING & MAINT.	2240	2240
MAINT EQUIP/VEH EXP	518	518

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	581535	Total
Program Services	433072	ProgramServices
Management And General	148463	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	31934	BOY
EOY	11520	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	424340	BOY
EOY	384203	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	555	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	140310	BOY
EOY	146865	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3433252	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1659991	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1829271	BOY
EOY	1773261	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2425855	BOY
EOY	2316404	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	12094	BOY
EOY	13277	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
EOY	5	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2241287	BOY
EOY	2212151	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	14084	BOY
EOY	14463	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2267465	BOY
EOY	2239896	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	158390	BOY
EOY	76508	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	158390	BOY
EOY	76508	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2425855	BOY
EOY	2316404	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-81882	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

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 Minus4 Years	348865	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	352358	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	360949	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	363364	CurrentTaxYearMinus1Year
Current Tax Year	359502	CurrentTaxYear
Total	1785038	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	348865	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	352358	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	360949	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	363364	CurrentTaxYearMinus1Year
Current Tax Year	359502	CurrentTaxYear
Total	1785038	Total

Field	Value	IRS element (for citing)
Public Support Total170	1785038	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	14653	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	14584	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	15606	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1642	CurrentTaxYearMinus1Year
Current Tax Year	966	CurrentTaxYear
Total	47451	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1282	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1432	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1494	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1618	CurrentTaxYearMinus1Year
Current Tax Year	2417	CurrentTaxYear
Total	8243	Total

Field	Value	IRS element (for citing)
Total Support	1840732	TotalSupport
Gross Receipts From Admissions Etc	498687	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.96970	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.96390	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	108344	InvestmentCostOrOtherBasis
Book Value	108344	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	2991857	InvestmentCostOrOtherBasis
Book Value	2991857	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	333051	InvestmentCostOrOtherBasis
Book Value	333051	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Depreciation	1659991	Depreciation
Book Value	-1659991	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1773261	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	TENANT SECURITY DEPOSITS	Description
Amount	$14,463	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	14463	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	499653	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	499653	RevenueSubtotal
Total Revenue Per Form990	499653	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	581535	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	581535	ExpensesSubtotal
Total Expenses Per Form990	581535	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	CHRISTOPHER COMMUNITY IS THE MANAGING AGENT OF THE PROJECT.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE RETURN WAS REVIEWED BY THE MANAGING AGENT PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE BOARD MUST SIGN A STATEMENT ANNUALLY TO NOTE ANY POTENTIAL CONFLICTS OF INTEREST WITH THE ORGANIZATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.