2026-02-03T07:47:40-06:00 2025-03-31 394946450 BOWERS ADVISORS LLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2024-04-01 161301678 NORTH COUNTRY AFFORDABLE HOUSING INC NORT 3157828497 118 FRANKLIN STREET WATERTOWN NY 13601 REGINALD SCHWEITZER EXECUTIVE DIRECTOR 3157828497 2026-01-27 1 0 ELIZABETH A BUSH P01264627 3157887690 2026-01-27 2024 2025-03-06 01:10:19Z REGINALD SCHWEITZER 118 FRANKLIN ST WATERTOWN NY 13601 1752158 0 X WWW.NORTHCOUNTRY AFFORDABLEHOUSING.COM X 1987 NY PROVIDE LOW INCOME AFFORDABLE HOUSING 9 9 0 0 0 0 989509 1308005 394981 415171 1028 877 62525 28105 1448043 1752158 842532 1113813 0 0 0 0 0 0 0 646284 668191 1488816 1782004 -40773 -29846 1756398 2202462 3433164 3909074 -1676766 -1706612 PROVIDE LOW INCOME AFFORDABLE HOUSING 0 0 111991 PRESERVE AND IMPROVE HOUSING AND RELATED FACILITIES WITHIN THE FORT DRUM IMPACT AREA OF NORTHERN NEW YORK STATE 510625 443276 PROVIDE LOW AND VERY LOW INCOME APARTMENTS TO INCOME QUALIFYING FAMILIES AND INDIVIDUALS IN THE WATERTOWN AND PHILADELPHIA, NEW YORK AREAS -TWO THIRTY-TWO UNIT APARTMENT PROJECTS 1113813 1113813 PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES TO INCOME QUALIFYING FAMILIES AND INDIVIDUALS FOR WHOM THERE ARE NO OTHER REASONABLE AND AFFORDABLE HOME OWNERSHIP 1736429 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 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 0 0 0 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SARAH MILLARD 3157858684 118 FRANKLIN STREET WATERTOWN NY 13601 X SARAH ROLLAND SECRETARY 1.00 X X 0 0 0 JESSE IRWIN DIRECTOR 1.00 X 0 0 0 TEENA HEASLEY TREASURER 1.00 X X 0 0 0 TIM TALLMADGE DIRECTOR 1.00 X 0 0 0 DUSTIN CLARK PRESIDENT 1.00 X X 0 0 0 TIMOTHY FAYETTE VICE PRESIDENT 1.00 X X 0 0 0 AL ROMANO DIRECTOR 1.00 X 0 0 0 SUSAN MEYER DIRECTOR 1.00 X 0 0 0 MITCH MCCORMICK DIRECTOR 1.00 X 0 0 0 REGINALD SCHWEITZER EXECUTIVE DIREC 10.00 X 0 0 0 SARAH MILLARD FISCAL DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 1308005 1308005 RENT INCOME 531110 415171 415171 415171 877 877 MISCELLANEOUS INCOME 531390 21752 21752 SERVICE INCOME 531390 6353 6353 28105 1752158 443276 0 877 1113813 1113813 73780 73780 4700 4700 16000 16000 4908 4750 158 4800 4800 7208 7208 105075 104093 982 27910 27271 639 CONTRACTED SERVICES 210717 195777 14940 CREDIT LOSS 64991 64991 REPAIRS & MAINTENANCE 57030 57030 UTILITIES 51175 51175 39897 38949 948 1782004 1736429 45575 0 363553 422291 346441 375296 33689 445127 81409 122456 9502 10361 3918118 3253187 754512 664931 140000 140000 27292 22000 1756398 2202462 40962 305222 28104 28104 3283388 3283388 50000 270000 30710 22360 3433164 3909074 X -1676766 -1706612 -1676766 -1706612 1756398 2202462 -29846 0 X X 0 1 X 1 0 X 420083 782646 482316 989509 1308005 3982559 420083 782646 482316 989509 1308005 3982559 3982559 280 260 496 1028 877 2941 38719 62525 28105 129349 4114849 1728789 0.96790 0.98190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 204790 204790 3645238 3193534 451704 68090 59653 8437 664931 INVESTMENT IN LIMITED PARTNERS 140000 C 140000 TENANT SECURITY DEPOSITS 21945 DEFERRED RENT 415 22360 X 1752158 0 1752158 0 1752158 1782004 0 1782004 0 1782004 PART X, LINE 2: THE ORGANIZATION RECOGNIZES POTENTIAL LIABILITIES ASSOCIATED WITH ANTICIPATED TAX AUDIT ISSUES THAT MAY ARISE DURING AN EXAMINATION. INTEREST AND PENALTIES THAT ARE ANTICIPATED TO BE DUE UPON EXAMINATION ARE RECOGNIZED AS ACCRUED INTEREST AND OTHER LIABILITIES WITH AN OFFSET TO INTEREST AND OTHER EXPENSE. THE ORGANIZATION ANALYZED ITS TAX POSITIONS TAKEN ON THEIR FEDERAL AND STATE TAX RETURNS FOR THE OPEN YEARS 2021, 2022, AND 2023. BASED ON ITS ANALYSIS, THE ORGANIZATION DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES 1 HOME- OWNER OCCUPIED REHAB 11 206249 RESTORE 16 235037 FLOOD GRANT 63 636612 PART I, LINE 2: EACH GRANTEE/HOMEOWNER HAS A FILE IN WHICH INFORMATION SUCH AS INCOME QUALIFCATION, REPAIRS NEEDED TO BRING HOME INTO COMPLIANCE WITH THE TERMS OF THE GRANT AND EVIDENCE THAT REPAIRS HAVE BEEN MADE TO THE SATISFACTION OF THE TERMS OF THE GRANT AND HOMEOWNER. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED AND BOARD MEMBERS ARE ASKED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION DOES NOT HAVE ANY EMPLOYEES AS ALL BUSINESS OPERATIONS ARE CONTRACTED TO NEIGHBORS OF WATERTOWN, INC FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON INDIVIDUAL REQUESTS FORM 990 PART X11, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.