2024-09-16T06:35:29-05:00 2023-12-31 475324570 INSERO & CO CPAS LLP 20 THORNWOOD DRIVE ITHACA NY 14850 990 2023-01-01 222141948 ITHACA NEIGHBORHOOD HOUSING SERVICES INC ITHA 6072774500 115 W CLINTON STREET ITHACA NY 14850 JULEE JOHNSON TREASURER 6072774500 2024-09-10 1 0 PATRICK JORDAN P00854521 6072724444 2023 2024-08-08 14:25:15Z JEREMY THOMAS 115 W CLINTON STREET ITHACA NY 14850 6338247 0 X WWW.ITHACANHS.ORG X 1976 NY DEDICATED TO EXPANDING HOUSING OPPORTUNITIES FOR LOW AND MODERATE-INCOME RESIDENTS OF CAYUGA, CHEMUNG, CORTLAND, SCHUYLER, SENECA, TIOGA, AND TOMPKINS COUNTIES. IT SEEKS TO FOSTER COMMUNITIES THAT EMBRACE DIVERSITY, EQUITY, AND SUSTAINABILITY IN WAYS THAT PRODUCE LASTING OUTCOMES. 13 13 33 18 0 0 4489065 4190797 3260355 2135370 44109 12080 -505297 -313461 7288232 6024786 0 0 0 0 1952868 1963155 0 0 5303 3478530 3079325 5431398 5042480 1856834 982306 52359889 46703589 9561966 5401002 42797923 41302587 X DEDICATED TO EXPANDING HOUSING OPPORTUNITIES FOR LOW AND MODERATE-INCOME RESIDENTS OF CAYUGA, CHEMUNG, CORTLAND, SCHUYLER, SENECA, TIOGA, AND TOMPKINS COUNTIES. IT SEEKS TO FOSTER COMMUNITIES THAT EMBRACE DIVERSITY, EQUITY, AND SUSTAINABILITY IN WAYS THAT PRODUCE LASTING OUTCOMES. 0 0 251873 30 HOME PROGRAM FUND - GRANTS FOR ELIGIBLE PURCHASE ASSISTANCE AND HOME IMPROVEMENT. 225346 477713 REAL ESTATE DEVELOPMENT FUND - DEVELOP NEW FOR-SALE AND/OR AFFORDABLE RENTAL UNITS, PURCHASE AND REHABILITATE PROPERTIES FOR HOME OWNERSHIP OR RENTAL HOUSING. 340173 382808 SCATTERED SITES CONSOLIDATED FUNDS - RESIDENTIAL AND COMMERCIAL RENTAL UNITS OWNED AND MANAGED BY INHS. 636101 961358 VARIOUS LOAN AND GRANT FUNDS 636101 961358 1453493 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 27 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 6072774500 115 W CLINTON STREET ITHACA NY 14850 BRENDAN WILBUR TRUSTEE 1.00 0.50 X 0 0 0 SHARON D MALONE SECRETARY 1.00 0.50 X X 0 0 0 H MATTHYS VAN CORT TRUSTEE 1.00 0.50 X 0 0 0 MICHAEL CANNON TRUSTEE 1.00 0.50 X 0 0 0 NICOLE CARRIER-TITTI TRUSTEE 1.00 0.50 X 0 0 0 JULEE JOHNSON TREASURER 1.00 0.50 X X 0 0 0 LACEY LENT TRUSTEE 1.00 0.50 X 0 0 0 JEREMY THOMAS PRESIDENT 1.00 0.50 X X 0 0 0 RACHEL LAMPERT VICE PRESIDENT (PART YEAR) 1.00 0.50 X X 0 0 0 LISA NICHOLAS TRUSTEE 1.00 0.50 X 0 0 0 MAUREEN ABBOTT TRUSTEE 1.00 0.50 X 0 0 0 COOPER SIRWATKA TRUSTEE 1.00 0.50 X 0 0 0 CRISTINE DONOVAN TRUSTEE 1.00 0.50 X 0 0 0 STEVEN WOODS TRUSTEE 1.00 0.50 X 0 0 0 JOHANNA ANDERSON EXECUTIVE DIRECTOR (PART YEAR) 23.00 13.00 X 80141 0 3304 PATRICIA PAOLENGELI DIRECTOR OF FINANCE/INTERIM EXECUTIVE DIRECTOR 23.00 13.00 X 132026 0 20588 SCOTT REYNOLDS DIRECTOR OF INFORMATION TE 23.00 13.00 X 107145 0 9780 LYNN TRUAME DIRECTOR OF REAL ESTATE DE 23.00 13.00 X 104071 0 4163 423383 0 37835 3 0 1 0 0 268 3007072 1183457 19876 4190797 PROGRAM INCOME 812900 661438 661438 MANAGEMENT FEE INCOME 531310 565763 565763 RENTAL INCOME 531110 556381 556381 DEVELOPER FEES 531390 288523 288523 MISCELLANEOUS 812900 63265 63265 2135370 10380 10380 1700 0 1700 1700 1700 313461 -313461 -313461 6024786 1821909 0 12080 X 237059 1609 235450 1378565 10024 1368541 52210 52210 86514 86514 208807 208807 11586 11586 20963 1400 19563 66310 4000 62310 1094106 132042 962064 10973 10973 25908 176 25732 51189 120 51069 179562 172117 7445 82040 985 81055 70123 70123 214205 147269 66936 89538 24447 65091 HOUSING SERVICES 582775 582533 242 PURCHASES AND SUPPLIES 169044 1701 167343 LOANS FORGIVEN 161257 161257 PROPERTY TAXES 125995 125995 123751 6109 112339 5303 5042480 1453493 3583684 5303 6641517 5204516 795003 587449 3058184 4053859 21691787 22568191 3502275 1101899 128875 98167 8684584 2571993 9380715 6112591 7161533 6976917 52359889 46703589 1013608 573598 2182026 926475 5200031 2573105 450000 400000 716301 927824 9561966 5401002 X 37938841 36539898 4859082 4762689 42797923 41302587 52359889 46703589 X 982306 -2477642 X X 0 1 X 1 1 1 X 1960922 2349362 5715103 4489065 4190797 18705249 1960922 2349362 5715103 4489065 4190797 18705249 18705249 4714 3591 3498 6646 10380 28829 18734078 15955464 0.99850 0.99850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2077929 2077929 5102286 2226744 2875542 567030 345249 221781 937339 937339 6112591 DUE FROM OTHER FUNDS 557266 INVESTMENT IN SUBSIDIARY 4183230 DEVELOPER FEE RECEIVABLE 1914083 OPERATING LEASE ASSETS, NET 322338 6976917 SECURITY DEPOSITS PAYABLE 22908 DUE TO OTHER FUNDS 492266 COMPENSATED ABSENCES 81712 DUE TO AFFILIATE 1678 OPERATING LEASE LIABILITIES 329260 927824 PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERFUND EXPENSES LOSS ON SALE OF ASSETS X 0 0 0 0 0 0 0 0 0 PATRICIA PAOLENGELI DIRECTOR OF FINANCE/INTERIM EXECUTIV 132026 0 0 0 0 0 5619 0 14969 0 152614 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S JOB PERFORMANCE ANNUALLY. ANY RECOMMENDED SALARY INCREASE IS APPROVED BY THE BOARD OF DIRECTORS. THE ORGANIZATION UTILIZES INDEPENDENT COMPENSATION REPORTS PREPARED BY HUMAN RESOURCE COALITION AND NEIGHBORWORKS OF AMERICA FOR COMPARATIVE ANALYSIS. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF FORM 990 ARE DISTRIBUTED TO BOARD MEMBERS PRIOR TO FILING FOR FORMAL BOARD MEMBER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE REQUIRED TO SIGN CONFLICT OF INTEREST CERTIFICATIONS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S JOB PERFORMANCE ANNUALLY. ANY RECOMMENDED SALARY INCREASE IS APPROVED BY THE BOARD OF DIRECTORS. THE ORGANIZATION UTILIZES INDEPENDENT COMPENSATION REPORTS PREPARED BY HUMAN RESOURCE COALITION AND NEIGHBORWORKS OF AMERICA FOR COMPARATIVE ANALYSIS. THE EXECUTIVE DIRECTOR HAS THE AUTHORITY AND RESPONSIBILITY TO REVIEW THE JOB PERFORMANCE OF ALL OTHER EMPLOYEES AND ALSO TO AWARD SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MISCELLANEOUS PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 112,202. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,202. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 19,840. MANAGEMENT AND GENERAL EXPENSES 928,079. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 947,919. CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,360. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,360. EDUCATION/TRAINING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,625. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,625. FORM 990, PART XI, LINE 9: TRANSFERS TO AFFILIATE -2,477,642. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS FOR AUDIT OVERSIGHT AND AUDITOR SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR. 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