2026-02-12T13:00:44-06:00 2025-03-31 333303535 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-04-01 222806500 ACADEMY ARMS HOUSING DEVELOPMENT FUND COMPANY INC ACAD 6074320170 2 MITCHELL STREET ONEONTA NY 138202343 JEFFREY HOUSE PRESIDENT 6074320170 2026-02-10 1 0 DAVID A URBAN CPA P00630018 7166340700 2026-02-10 2024 2025-03-06 01:10:19Z JEFFREY HOUSE 2 MITCHELL STREET ONEONTA NY 138202343 279988 0 X N/A X 1978 NY TWENTY-EIGHT UNIT PROGRAM PROVIDING RESIDENCY FOR THE ELDERLY AND DISABLED. 3 3 0 0 0 0 0 0 235490 276848 58 65 29128 3075 264676 279988 0 0 0 0 57909 61718 0 0 0 201074 203675 258983 265393 5693 14595 432531 408773 963977 925624 -531446 -516851 TWENTY-EIGHT UNIT PROGRAM PROVIDING RESIDENCY FOR THE ELDERLY AND DISABLED. 0 0 181014 276848 PROVIDE HOUSING FOR ELDERLY AND DISABLED. 181014 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 0 0 0 NY X KURT D SCHULTE 6074320170 C/O ONEONTA HOUSING AUTHORITY 2 ONEONTA NY 13820 X JEFFREY HOUSE PRESIDENT 1.00 X X 0 0 0 KERMIT WEAVER VICE PRESIDENT 1.00 X X 0 0 0 RICHARD MILLER SECRETARY/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE PAYM 531110 160484 160484 RENTAL INCOME 531110 116364 116364 276848 65 65 LAUNDRY & VENDING REVE 531390 3048 3048 TENANT CHARGES 531390 27 27 3075 279988 276848 0 3140 38506 14122 24384 20425 12934 7491 2787 1765 1022 16005 16005 1191 1191 2420 2420 17633 7845 9788 580 580 15564 15564 17212 17212 563 563 35059 35059 46716 46716 11951 11951 REAL ESTATE TAXES 10553 10553 SUPPLIES 9790 9790 MORTGAGE INSURANCE PREM 5599 5599 FINANCIAL EXPENSE 5000 5000 7839 7468 371 265393 181014 84379 0 50 50 61124 59142 25338 343 4633 3492 12984 13923 1546793 1440998 138783 105795 189619 226028 432531 408773 40112 22837 506 320 914963 893367 8396 9100 963977 925624 X -531446 -516851 -531446 -516851 432531 408773 14595 0 X X 0 1 X 1 1 1 X 205014 243961 249203 235490 276848 1210516 205014 243961 249203 235490 276848 1210516 0 0 0 1210516 32 33 39 58 65 227 32 33 39 58 65 227 3519 2699 2844 29128 3075 41265 208565 246693 252086 264676 279988 1252008 0.96690 0.96530 0.00020 0.00020 X 41053 41053 1424859 1378137 46722 51359 46087 5272 29522 16774 12748 105795 RESERVE FOR REPLACEMENTS 81029 RESIDUAL RECEIPTS 119625 TAX AND INSURANCE ESCROW 16274 TENANTS' SECURITY DEPOSITS 9100 226028 TENANTS' SECURITY DEPOSITS 9100 9100 X 279988 0 279988 0 279988 265393 0 265393 0 265393 PART X, LINE 2: THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION 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 COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 3 RENTAL AND HOUSING MANAGEMENT DUTIES HAVE BEEN DELEGATED TO ONEONTA HOUSING AUTHORITY. THE AUTHORITY HANDLES ALL MANAGEMENT ACTIVITIES INCLUDING MARKETING OF RENTAL UNITS, COLLECTION OF RENTS, ENFORCEMENT OF LEASES, MAINTENANCE, RECORDKEEPING, ETC. AS PER THE MANAGEMENT AGREEMENT. SERVICES ARE PERFORMED BY EMPLOYEES OF ONEONTA HOUSING AUTHORITY AND ALL WAGES, BENEFITS AND PAYROLL TAXES REPORTED BY THE ORGANIZATION ARE REIMBURSEMENTS TO THE AUTHORITY. FORM 990, PART VI, SECTION A, LINE 8B ACADEMY ARMS DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B EXECUTIVE DIRECTOR OF MANAGING AGENT PROVIDES NUMBERS TO THE FEE ACCOUNTANT WHO REPORTS TO THE AUDITOR. AUDITOR GENERATES THE FORM 990 AND PROVIDES IT TO THE EXECUTIVE DIRECTOR FOR REVIEW AND FILING. FORM 990, PART VI, SECTION B, LINE 12C FOLLOW THE POLICIES OF THE MANAGING AGENT INCLUDING PERSONNEL POLICY (NEPOTISM AND PROCUREMENT POLICY). FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE YEAR ENDED MARCH 31, 2025. ONEONTA HOUSING AUTHORITY 2 MITCHELL STREET ONEONTA NY 13820 160955151 HOUSING NY 501(C)(3) LINE 6 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0