2024-05-15T08:54:05-04:00 2023-12-31 473999292 CUOMO WINTERS & SCHMIDT CPAS PLLC 6315 FLY RD STE 108 EAST SYRACUSE NY 130579316 990 2023-01-01 161271229 SOUTHERN HILLS PRESERVATION CORPORA SOUT 3156773863 2383 ROUTE 11 LAFAYETTE NY 13084 LYNDA WHEAT TREASURER 3156773863 2024-05-13 true LYNDA WHEAT 999009999 false MARK STRONG CPA P00294127 3154710465 2024-05-13 2023 2023-04-26 12:10:37Z LYNDA WHEAT 2383 ROUTE 11 LAFAYETTE NY 13084 179599 false X WWW.SOUTHERNHILLSPC.ORG X 1986 NY SOUTHERN HILLS PRESERVATION CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN 1986. THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCAACY, COUNSELING AND EDUCATION. THE ORGANIZATION SERVES RURAL SOUTHERN ONONDAGA COUNTY, INCLUDING THE TOWNS OD FABIUS, LAFAYETTE, MARCELLUS, ONONDAGA, OTISCO, POMPEY, SPAFFORD, SKANEATELES AND TULLY. THE ORGANIZATION PROVIDES PRODUCTS AND SERVICES THROUGH THE FOLLOWING PRIMARY ACTIVITIES: 1. GATHERING DATA RELATED TO COMMUNITY DEVELOPMENT GOALS, 2. CONSTRUCTOIN AND REHABILIATION OF HOUSING FOR LOW INCOME RESIDENTS, 3. PROVIDING ACCESS TO FUNDS TO HELP INCOME- QUALIFIED HOMEOWNERSMAKE NEEDED REPAIRS ON THEIR HOMES AND FIRST TIME HOMEBUYERS PURCHASE AND REHABILITATE A HOME, 5. PLANNING, TECHNICAL ASSISTANCE AND REAL ESTATE DEVELOPMENT TO SUPPORT COMMUITY REVITATLIZATION. 5 5 1 0 131208 143839 17052 35643 0 117 148260 179599 35852 28248 0 66218 77776 0 2621 63294 71574 165364 177598 -17104 2001 718619 778884 184703 242967 533916 535917 X SOUTHERN HILLS PRESERVATION CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN 1986. THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCAACY, COUNSELING AND EDUCATION. THE ORGANIZATION SERVES RURAL SOUTHERN ONONDAGA COUNTY, INCLUDING THE TOWNS OD FABIUS, LAFAYETTE, MARCELLUS, ONONDAGA, OTISCO, POMPEY, SPAFFORD, SKANEATELES AND TULLY. THE ORGANIZATION PROVIDES PRODUCTS AND SERVICES THROUGH THE FOLLOWING PRIMARY ACTIVITIES: 1. GATHERING DATA RELATED TO COMMUNITY DEVELOPMENT GOALS, 2. CONSTRUCTOIN AND REHABILIATION OF HOUSING FOR LOW INCOME RESIDENTS, 3. PROVIDING ACCESS TO FUNDS TO HELP INCOME- QUALIFIED HOMEOWNERSMAKE NEEDED REPAIRS ON THEIR HOMES AND FIRST TIME HOMEBUYERS PURCHASE AND REHABILITATE A HOME, 5. PLANNING, TECHNICAL ASSISTANCE AND REAL ESTATE DEVELOPMENT TO SUPPORT COMMUITY REVITATLIZATION. false false 152716 28248 THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCACY, COUNSELING AND EDUCATION. THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCACY, COUNSELING AND EDUCATION. 152716 true true false false false false false false false false true false false false true true true true false false false false false false false false false false true false false false false false false false false false false false false false false true true true false false true 6 0 1 true false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false NY X NATALIE DIMOVSKI 3156773863 2383 US-11 LAFAYETTE NY 13084 X KAREN FALLAT DIRECTOR 2.00 X 0 0 0 ALEX GABRIEL SECRETARY 2.00 X X 0 0 0 MICHAEL KACZOR DIRECTOR 2.00 X 0 0 0 RYAN SGOURIS PRESIDENT 2.00 X X 0 0 0 LYNDA WHEAT TREASURER 2.00 X 0 0 0 false false false 140353 3486 143839 MANAGEMENT FEES 20160 20160 SYNDICATION FEES 8496 8496 LOAN DISCOUNT AMORTIZATION 5630 5630 LOAN INTEREST ACRETION 1357 1357 35643 MISCELLANEOUS 117 117 117 179599 35760 X 28248 28248 65000 55250 8450 1300 7996 6796 1040 160 4780 4063 621 96 30841 23440 6476 925 1256 1005 251 1901 1901 1028 1028 550 440 110 3710 2968 742 BAD DEBT 14783 14783 AMORT OF RIGHT-OF-USE 11272 9022 2250 SUPPLIES 2213 1682 465 66 TELEPHONE 2126 1616 446 64 1894 1502 382 10 177598 152716 22261 2621 122467 110442 15533 60892 564640 571626 4263 4625 67554 36255 11716 31299 718619 778884 11209 9798 87071 127638 75000 75000 11423 30531 184703 242967 X 533916 535917 533916 535917 718619 778884 2001 X false true X true X 327425 330273 388966 131208 143839 1321711 327425 330273 388966 131208 143839 1321711 1321711 945 656 1746 1350 1357 6054 1327765 201675 0.99540 0.99640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25751 24983 768 41803 11272 30531 31299 OPERATING LEASE OBLIGATIONS 30531 30531 X 179599 179599 179599 177598 177598 177598 SCHEDULE D, PAGE 3, PART X THE ORGANZIATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND SIMILAR NEW YORK STATE STATUTES. THE ORGANIZATION IS NOT CONSIDERED A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION ARE CONSIDERED TAX DEDUCTIBLE. THE ORGANIZATION FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANICAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ORGANIZATIONS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2020 THROUGH 2022 ARE OPEN TO EXAMINATION. true HOME REHABILITATION (AHC) 7 28248 SCHEDULE I, PAGE 1, PART I, LINE 2 SELECTION CRITERIA: GRANTS ARE MADE TO HOMEOWNERS WITH LESS THAN 80% OF TH E AREA MEDIAN INCOME. APPLICANTS SUBMIT AN APPLICATION AND PROOF OF INCOME , ASSETS, PROPERTY OWNERSHIP, INSURANCE, AND PROPERTY TAX RECEIPTS. ORGANI ZATION STAFF REVIEW APPLICATIONS AND COMPLETE INCOME ELIGIBILITY FORMS, WH ICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR TO MONITOR GRANT FUND EXPENDITURES. GRANT FUNDS ARE DEPOSITED IN A DEDICATED BANK ACCOUNT WHEN RECEIVED. DURING THE HOME REHAB PROJECT, CONTRACTOR PAYMENT VOUCHERS AND SUPPORTING DOCUMENTATION ARE SUBMITTED TO THE BOOKKEEPER BASED ON THE COMPLETION SCHEDULE SET FORTH IN THE HOMEBUYER/CONTRACTOR AGREEMENT. THE HOMEOWNER SIGNS AN AUTHROIZATION FORM PRIOR TO RELEASE OF THE CONTRACTOR PAYMENT. THE BOOKKEEPER RECONCILES THE CHECKING ACCOUNT MONTHLY, WHICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR. THE BOARD OF DIRECTORS REVIEW THE FINANCIAL STATEMENTS MONTHLY. THE ORGANIZATION UNDERGOES AN ANNUAL INDEPENDENT AUDIT. FORM 990 - ORGANIZATION'S MISSION SOUTHERN HILLS PRESERVATION CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN 1986. THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCAACY, COUNSELING AND EDUCATION. THE ORGANIZATION SERVES RURAL SOUTHERN ONONDAGA COUNTY, INCLUDING THE TOWNS OD FABIUS, LAFAYETTE, MARCELLUS, ONONDAGA, OTISCO, POMPEY, SPAFFORD, SKANEATELES AND TULLY. THE ORGANIZATION PROVIDES PRODUCTS AND SERVICES THROUGH THE FOLLOWING PRIMARY ACTIVITIES: 1. GATHERING DATA RELATED TO COMMUNITY DEVELOPMENT GOALS, 2. CONSTRUCTOIN AND REHABILIATION OF HOUSING FOR LOW INCOME RESIDENTS, 3. PROVIDING ACCESS TO FUNDS TO HELP INCOME- QUALIFIED HOMEOWNERSMAKE NEEDED REPAIRS ON THEIR HOMES AND FIRST TIME HOMEBUYERS PURCHASE AND REHABILITATE A HOME, 5. PLANNING, TECHNICAL ASSISTANCE AND REAL ESTATE DEVELOPMENT TO SUPPORT COMMUITY REVITATLIZATION. FORM 990, PAGE 2, PART III, LINE 4D THE ORGANIZATION'S MISSION IS TO PROMOTE AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION THROUGH DEVELOPMENT, FINANCING, ADVOCACY, COUNSELING AND EDUCATION. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS AND EMPLOYEES COMPLETE CONFLICT OF INTEREST DISCLOS URES ON AN ANNUAL BASIS, WHICH ARE REVIEWED BY THE BOARD OF DIRECTORS AT A REGULAR MEETING. DIRECTORS/OFFICERS WITH CONFLICTS ABSTAIN FROM VOTING ON RELATED MATTERS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE EXECUTIVE DIRECTOR AND SETS CO MPENSATION BASED ON COMPARABLE SALARIES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, 990 AND AUDITED FINANCIA L STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES 23,440 6,476 925 SOUTHERN HILLS DEVELOPMENT CORPORAT 2383 ROUTE 11 STE 1 LAFAYETTE NY 13084 202475133 DEVELOPMEN NY C CORP C CORP 4759 54922 1.00000 false false false false false false false false false false false false false false false false false true false false SOUTHERN HILLS DEVELOPMENT CORP Q 6750