STRATEGY STUDIO / PUBLIC DATA EXPLORER

ISLADVIEW HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
ISLADVIEW HOUSING DEVELOPMENT FUND COMPANY INC (EIN 22-2642884)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-15
IRS object ID
201901359349308330
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-15T14:23:45-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454051133PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREED MAXICK CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1424 MAIN STREET SUITE 800AddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP142023508ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222642884EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ISLANDVIEW HOUSING DEVELOPMENT FUNDBusinessNameLine1Txt
Business Name Line2COMPANYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlISLABusinessNameControlTxt
Phone7168847791PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11195 MAIN STREETAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL RIEGELPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7168847791PhoneNum
Signature2019-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY MADONIAPreparerPersonNm
PTINP00405803PTIN
Phone7168472651PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address104.193.28.34IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-13IPDt
IP Tm09:59:46IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id63A7D6EB0A89A8AD2C19A6A0DFB7A194B226F734AtSubmissionCreationDeviceId
At Submission Filing Device Id402149DDA7A516FEBDA3A5E101BCABBCF1848135AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL RIEGELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11195 MAIN STREETAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14209ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$404,179GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1985FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE HOUSING FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$378,345PYProgramServiceRevenueAmt
CY Program Service Revenue$359,826CYProgramServiceRevenueAmt
PY Investment Income$417PYInvestmentIncomeAmt
CY Investment Income$419CYInvestmentIncomeAmt
PY Other Revenue$29,588PYOtherRevenueAmt
CY Other Revenue$43,934CYOtherRevenueAmt
PY Total Revenue$408,350PYTotalRevenueAmt
CY Total Revenue$404,179CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$62,130PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$68,258CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$310,810PYOtherExpensesAmt
CY Other Expenses$313,443CYOtherExpensesAmt
PY Total Expenses$372,940PYTotalExpensesAmt
CY Total Expenses$381,701CYTotalExpensesAmt
PY Revenues Less Expenses$35,410PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$22,478CYRevenuesLessExpensesAmt
Total Assets BOY$1,179,552TotalAssetsBOYAmt
Total Assets EOY$1,162,647TotalAssetsEOYAmt
Total Liabilities BOY$1,646,344TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,606,961TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$466,792NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$444,314NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HOUSING FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$381,701ExpenseAmt
Revenue$403,760RevenueAmt
DescOPERATED A 50-UNIT MULTI-FAMILY APARTMENT COMPLEX FOR LOW INCOME INDIVIDUALS IN GRAND ISLAND, NEW YORK.Desc
Total Program Service Expenses$381,701TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AARON HEJMOWSKIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7168847791PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11195 MAIN STREETAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14209ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MICHAEL RIEGEL
DIRECTOR/BOARD PRESIDENT0.5034.50Yes (X)Yes (X)$0$164,127$20,879
ELIZABETH HUCKABONE
DIRECTOR/BOARD VICE PRESID0.5034.50Yes (X)Yes (X)$0$0$0
KATHLEEN CARLSON
DIRECTOR/BOARD VICE PRESID0.50Yes (X)Yes (X)$0$0$0
HELEN RONAN
DIRECTOR/BOARD SECRETARY0.501.50Yes (X)Yes (X)$0$0$0
JUDITH SCOTT
DIRECTOR/BOARD TREASURER0.5034.50Yes (X)Yes (X)$0$71,726$8,498
AARON HEJMOWSKI
CFO0.5034.50Yes (X)$0$90,878$17,168
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$326,731TotReportableCompRltdOrgAmt
Total Other Compensation$46,545TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL REVENUEDesc
Business531110BusinessCd
Total Revenue Column$359,826TotalRevenueColumnAmt
Related Or Exempt Func Income$359,826RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$359,826TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$419TotalRevenueColumnAmt
Exclusion$419ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS INCOME531110$21,511$21,511
SERVICE COORDINATOR IN531110$19,742$19,742
LAUNDRY & VENDING REVE531110$2,503$2,503

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$178TotalRevenueColumnAmt
Related Or Exempt Func Income$178RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$43,934OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$404,179TotalRevenueColumnAmt
Related Or Exempt Func Income$403,760RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$419ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$54,613TotalAmt
Program Services$54,613ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$9,283TotalAmt
Program Services$9,283ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,362TotalAmt
Program Services$4,362ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$29,441TotalAmt
Program Services$29,441ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,973TotalAmt
Program Services$10,973ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,471TotalAmt
Program Services$1,471ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,184TotalAmt
Program Services$12,184ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$74,401TotalAmt
Program Services$74,401ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$63,197TotalAmt
Program Services$63,197ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,708TotalAmt
Program Services$23,708ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MAINTENANCE & REPAIRS$57,166$57,166
UTILITIES$20,363$20,363
SERVICE COORDINATOR EXP$19,742$19,742
REAL ESTATE TAXES$797$797

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$381,701TotalAmt
Program Services$381,701ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$18,597BOYAmt
EOY$6,105EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,011BOYAmt
EOY$10,614EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,674BOYAmt
EOY$1,776EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,388,342LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,729,202LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$721,550BOYAmt
EOY$659,140EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$427,720BOYAmt
EOY$485,012EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,179,552BOYAmt
EOY$1,162,647EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,198BOYAmt
EOY$9,497EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,086BOYAmt
EOY$683EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$15,231BOYAmt
EOY$14,627EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,613,829BOYAmt
EOY$1,582,154EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,646,344BOYAmt
EOY$1,606,961EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$466,792BOYAmt
EOY-$444,314EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$466,792BOYAmt
EOY-$444,314EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,179,552BOYAmt
EOY$1,162,647EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$22,478ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,570CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$375,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$421,887CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$407,933CurrentTaxYearMinus1YearAmt
Current Tax Year$403,760CurrentTaxYearAmt
Total$1,966,564TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,570CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$375,414CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$421,887CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$407,933CurrentTaxYearMinus1YearAmt
Current Tax Year$403,760CurrentTaxYearAmt
Total$1,966,564TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,966,564PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$340CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$287CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$417CurrentTaxYearMinus1YearAmt
Current Tax Year$419CurrentTaxYearAmt
Total$1,771TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$340CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$287CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$417CurrentTaxYearMinus1YearAmt
Current Tax Year$419CurrentTaxYearAmt
Total$1,771TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$357,910CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$375,722CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$422,174CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$408,350CurrentTaxYearMinus1YearAmt
Current Tax Year$404,179CurrentTaxYearAmt
Total$1,968,335TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99910PublicSupportCY509Pct
Public Support PY5090.99920PublicSupportPY509Pct
Investment Income CY0.00090InvestmentIncomeCYPct
Investment Income PY0.00080InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,000OtherCostOrOtherBasisAmt
Book Value$48,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,218,973OtherCostOrOtherBasisAmt
Depreciation$1,624,521DepreciationAmt
Book Value$594,452BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$121,369OtherCostOrOtherBasisAmt
Depreciation$104,681DepreciationAmt
Book Value$16,688BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$659,140TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
TENANT SECURITY DEPOSITS HELD IN TRUST$14,627
ESCROW DEPOSITS$19,826
REPLACEMENT RESERVE$260,590
RESIDUAL RECEIPTS RESERVE$54,277
DEBT SERVICE RESERVE$135,692
FieldValueIRS element (for citing)
Total Book Value Other Assets$485,012TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$404,179TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$404,179RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$404,179TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$381,701TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$381,701ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$381,701TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT IN THE NAME OF THE PROJECT. INTEREST EARNED ON SUCH DEPOSITS IS PAID TO THE INDIVIDUAL TENANTS ON AN ANNUAL BASIS.
PART X, LINE 2:THE COMPANY IS EXEMPT UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND SECTION 402 OF THE NEW YORK STATE NOT-FOR-PROFIT CORPORATION LAW, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. U.S. GAAP PROVIDES GUIDANCE ON THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT FOR INCOME TAX POSITIONS THAT THE COMPANY HAS TAKEN OR EXPECTS TO TAKE IN THE COMPANY'S INCOME TAX RETURNS. ORGANIZATIONS TAKE MANY TAX POSITIONS RELATIVE TO TAX LAWS, INCLUDING THOSE TAKEN IN DETERMINING WHETHER TAX IS DUE, A REFUND IS OWED, A TAX RETURN NEEDS TO BE FILED, OR THE CHARACTERIZATION OF INCOME AS TAXABLE (FOR EXAMPLE, UNRELATED BUSINESS INCOME) OR NONTAXABLE. THE COMPANY HAS NOT RECORDED ANY LIABILITIES RELATING TO UNCERTAIN TAX POSITIONS. THE COMPANY FILES ITS RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IN THE U.S. FEDERAL JURISDICTION AND ITS ANNUAL FILING OF CHARITABLE ORGANIZATIONS IN NEW YORK STATE.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHAEL RIEGELPersonNm
TitleDIRECTOR/BOARD PRESIDENTTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$164,127CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$8,579DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$12,300NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$185,006TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationALL EMPLOYEES ARE PAID BY BELMONT HOUSING RESOURCES FOR WNY, INC., A RELATED ENTITY. BELMONT'S COMPENSATION PROGRAM IS DEVELOPED BY SENIOR MANAGEMENT, THE HUMAN RESOURCES MANAGER, AND AN EMPLOYEE BENEFITS AND COMPENSATION CONSULTING FIRM, AND REVIEWED BY THE HR AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMPENSATION PROGRAM APPLIES TO ALL STAFF, INCLUDING OFFICERS. IN ADDITION, ALL COMPENSATION OF OFFICERS IS APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION PROGRAM INCLUDED MARKET PRICING AND JOB SLOTTING WITHIN ESTABLISHED SALARY GRADES AND RANGES BASED ON INFORMATION PROVIDED BY THE INDEPENDENT CONSULTING FIRM.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PREPARED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM. IT IS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS AND THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A COPY IS PROVIDED TO THE ENTIRE BOARD AT A LATER DATE.
FORM 990, PART VI, SECTION B, LINE 12THE FILING ORGANIZATION IS CURRENTLY REVIEWING THE FUTURE IMPLEMENTATION OF CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION POLICIES. HOWEVER, THE FILING ORGANIZATION HAS NO EMPLOYEES. ALL DAY TO DAY OPERATIONS ARE PERFORMED BY THE STAFF OF A RELATED ENTITY, BELMONT HOUSING RESOURCES FOR WNY, INC. BELMONT HAS IMPLEMENTED ALL THREE POLICIES.
FORM 990, PART VI, SECTION B, LINE 15ALL EMPLOYEES ARE PAID BY BELMONT HOUSING RESOURCES FOR WNY, INC., A RELATED ENTITY. BELMONT'S COMPENSATION PROGRAM IS DEVELOPED BY SENIOR MANAGEMENT, THE HUMAN RESOURCES MANAGER, AND AN EMPLOYEE BENEFITS AND COMPENSATION CONSULTING FIRM, AND REVIEWED BY THE HR AND COMPENSATION COMMMITTEE OF THE BOARD OF DIRECTORS. THIS COMPENSATION PROGRAM APPLIES TO ALL STAFF, INCLUDING OFFICERS. IN ADDITION, ALL COMPENSATION OF OFFICERS IS APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION PROGRAM INCLUDES MARKET PRICING AND JOB SLOTTING WITHIN ESTABLISHED SALARY GRADES AND RANGES BASED ON INFORMATION PROVIDED BY THE INDEPENDENT CONSULTING FIRM.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON THE WEBSITE GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, INTERNAL POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART XII, LINE #2CTHE AUDIT OVERSIGHT PROCESS AND THE INDEPENDENT ACCOUNTANT SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
BELMONT HOUSING RESOURCES FOR WNY INC
1195 MAIN STREETBUFFALONY14209161080227PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
LANCASTER HOUSING DEVELOPMENT FUND INC
1195 MAIN STREETBUFFALONY14209161299762PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
BIL HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209223102837PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
NEW OPPORTUNITIES HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209161321037PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
ATTICA HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209161462239PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
NIAGARA VILLAGE HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209161492032PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
WEST SENECA HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209161560159PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
BROCTON HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209222370094PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
TB HOUSING DEVELOPMENT FUND COMPANY INC
1195 MAIN STREETBUFFALONY14209455562018PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0
BUFFALO MERCY HOUSING DEVELOPMENT FUND CO INC
1195 MAIN STREETBUFFALONY14209222810656PROVIDE AFFORDABLE HOUSING OPPORTUNITIESNY501(C)(3)10BELMONT HOUSING RESOURCES FOR WNY INC0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACd
CAMBRIA COMMONS LIMITED PARTNERSHIP
1195 MAIN STREETBUFFALONY14209161339171PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
LANCASTER LIMITED PARTNERSHIP
1195 MAIN STREETBUFFALONY14209161320283PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
COLONY RUN TOWNHOUSES LP
1195 MAIN STREETBUFFALONY14209161484399PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
WOODLAND PLACE APARTMENTS LP
1195 MAIN STREETBUFFALONY14209161592227PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
SOUTHWIND LANDING APARTMENTS LP
1195 MAIN STREETBUFFALONY14209050566024PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
EAST SIDE HOUSING LP
1195 MAIN STREETBUFFALONY14209203523141PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
SHAWNEE LANDING TOWNHOUSES LP
1195 MAIN STREETBUFFALONY14209205710117PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
ARTSPACE AFFORDABLE HOUSING LP
1195 MAIN STREETBUFFALONY14209352248133PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
TRUE BETHEL TOWNHOMES LLC
1195 MAIN STREETBUFFALONY14209900859505PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
TRUE BETHEL TOWNHOMES MM LLC
1195 MAIN STREETBUFFALONY14209455512268PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
BELMONT ARTSPACE LLC
1195 MAIN STREETBUFFALONY14209830456711PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A
BELLAMY COMMONS LLC
1195 MAIN STREETBUFFALONY14209471070694PROVIDING AFFORDABLE HOUSING OPPORTUNITIESNYN/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
ATTICA COLONY INC
1195 MAIN STREETBUFFALONY14209161484793PROVIDING AFFORDABLE HOUSING OPPORTUNITESNYN/AC0
WOODLAND GENERAL INC
1195 MAIN STREETBUFFALONY14209161592226PROVIDING AFFORDABLE HOUSING OPPORTUNITESNYN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd