2026-05-15T07:47:11-05:00 2025-06-30 222027092 WITHUM SMITH & BROWN PC 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2024-07-01 222642884 ISLANDVIEW HOUSING DEVELOPMENT FUND COMPANY INC ISLA 7168847791 2393 MAIN STREET BUFFALO NY 14214 BRAD PACKARD PRESIDENT, MGMT AGENT 7168847791 2026-05-14 1 1 MARY MADONIA P00405803 7168472651 2026-05-14 2024 2025-03-06 01:10:19Z BRAD PACKARD 2393 MAIN STREET BUFFALO NY 14214 463270 0 X N/A X 1985 NY TO PROVIDE HOUSING FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS. 3 0 0 0 0 0 0 0 394922 431978 4222 4338 26605 26954 425749 463270 0 0 0 0 64427 86644 0 0 0 379483 306193 443910 392837 -18161 70433 1056113 1100761 1391450 1365665 -335337 -264904 TO PROVIDE HOUSING FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS. 0 0 361240 458932 OPERATED A 50-UNIT MULTI-FAMILY APARTMENT COMPLEX FOR LOW INCOME INDIVIDUALS IN GRAND ISLAND, NEW YORK. 361240 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 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 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 NY X X AARON HEJMOWSKI 7168847791 2393 MAIN STREET BUFFALO NY 14214 MICHAEL RIEGEL BM/BOARD PRESIDENT (TO 6/11/25) 0.50 34.50 X X 0 191662 27794 HELEN RONAN BM/BOARD SECRETARY (TO 6/11/25) 0.50 1.50 X X 0 0 0 JUDITH SCOTT BM/BOARD TREASURER (TO 6/11/25) 0.50 34.50 X X 0 0 0 AARON HEJMOWSKI BM/VP/TREASURER 0.50 34.50 X X 0 152069 7712 BRAD PACKARD BM/BOARD PRESIDENT 0.50 34.50 X X 0 161644 8111 BRENDA DECKER BM/VP/BOARD SECRETARY 0.50 1.50 X X 0 28329 3020 0 533704 46637 0 0 1 0 0 RENTAL REVENUE 531110 431978 431978 431978 4338 4338 SERVICE COORDINATOR 531110 23833 23833 LAUNDRY & VENDING 531110 1845 1845 TENANT CHARGES 531110 908 908 368 368 26954 463270 458932 0 4338 69326 69326 11774 11774 5544 5544 35658 35658 554 554 16601 2010 14591 506 506 4977 4977 62316 62316 53510 53510 26254 26254 MAINTENANCE & REPAIRS 48342 48342 SERVICE COORDINATOR EXP 23833 23833 UTILITIES 21507 21507 MISCELLANEOUS 10969 10969 1166 1166 392837 361240 31597 0 7523 54041 29499 24796 1941 2304 2416214 2143996 318877 272218 698273 747402 1056113 1100761 16172 32038 2473 2099 14769 17209 1358036 1314319 1391450 1365665 X -335337 -264904 -335337 -264904 1056113 1100761 70433 0 X 0 1 X 0 1 1 X 407011 379413 386206 421527 458932 2053089 407011 379413 386206 421527 458932 2053089 0 0 0 2053089 555 477 2051 4222 4338 11643 555 477 2051 4222 4338 11643 407566 379890 388257 425749 463270 2064732 0.99440 0.99570 0.00560 0.00430 X 0 1 X 48000 48000 2240816 2019615 221201 127398 124381 3017 272218 TENANT SECURITY DEPOSITS HELD IN TRUST 17209 ESCROW DEPOSITS 25059 REPLACEMENT RESERVE 362523 RESIDUAL RECEIPTS RESERVE 76719 DEBT SERVICE RESERVE 265892 747402 X 463270 0 463270 0 463270 392837 0 392837 0 392837 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. 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. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL RIEGEL BM/BOARD PRESIDENT (TO 6/11/25) 0 191662 0 0 0 0 0 9674 0 18120 0 219456 0 0 BRAD PACKARD BM/BOARD PRESIDENT 0 161644 0 0 0 0 0 8111 0 0 0 169755 0 0 AARON HEJMOWSKI BM/VP/TREASURER 0 152069 0 0 0 0 0 7712 0 0 0 159781 0 0 PART I, LINE 3 ALL 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 A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 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 12 THE 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 15 ALL 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 18 THE 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 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, INTERNAL POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE #2C THE AUDIT OVERSIGHT PROCESS AND THE INDEPENDENT ACCOUNTANT SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR. BELMONT HOUSING RESOURCES FOR WNY INC 2393 MAIN STREET BUFFALO NY 14214 161080227 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 LANCASTER HOUSING DEVELOPMENT FUND INC 2393 MAIN STREET BUFFALO NY 14214 161299762 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 BIL HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 223102837 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 NEW OPPORTUNITIES HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 161321037 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 ATTICA HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 161462239 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 NIAGARA VILLAGE HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 161492032 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 WEST SENECA HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 161560159 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 BROCTON HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 222370094 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 TB HOUSING DEVELOPMENT FUND COMPANY INC 2393 MAIN STREET BUFFALO NY 14214 455562018 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 BUFFALO MERCY HOUSING DEVELOPMENT FUND CO INC 2393 MAIN STREET BUFFALO NY 14214 222810656 PROVIDE AFFORDABLE HOUSING OPPORTUNITIES NY 501(C)(3) 10 BELMONT HOUSING RESOURCES FOR WNY INC 0 CAMBRIA COMMONS LIMITED PARTNERSHIP 2393 MAIN STREET BUFFALO NY 14214 161339171 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 LANCASTER LIMITED PARTNERSHIP 2393 MAIN STREET BUFFALO NY 14214 161320283 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 COLONY RUN TOWNHOUSES LP 2393 MAIN STREET BUFFALO NY 14214 161484399 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 WOODLAND PLACE APARTMENTS LP 2393 MAIN STREET BUFFALO NY 14214 161592227 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 SOUTHWIND LANDING APARTMENTS LP 2393 MAIN STREET BUFFALO NY 14214 050566024 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 EAST SIDE HOUSING LP 2393 MAIN STREET BUFFALO NY 14214 203523141 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 SHAWNEE LANDING TOWNHOUSES LP 2393 MAIN STREET BUFFALO NY 14214 205710117 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ARTSPACE AFFORDABLE HOUSING LP 2393 MAIN STREET BUFFALO NY 14214 352248133 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 TRUE BETHEL TOWNHOMES LLC 2393 MAIN STREET BUFFALO NY 14214 900859505 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 TRUE BETHEL TOWNHOMES MM LLC 2393 MAIN STREET BUFFALO NY 14214 455512268 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 BELMONT ARTSPACE LLC 2393 MAIN STREET BUFFALO NY 14214 830456711 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 BELLAMY COMMONS LLC 2393 MAIN STREET BUFFALO NY 14214 471070694 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ELIM TOWNHOMES MM LLC 2393 MAIN STREET BUFFALO NY 14214 831087147 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ELIM TOWNHOMES LLC 2393 MAIN STREET BUFFALO NY 14214 371903285 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ALBERTA PLACE LLC 2393 MAIN STREET BUFFALO NY 14214 841907313 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ALBERTA PLACE MM LLC 2393 MAIN STREET BUFFALO NY 14214 842898826 PROVIDING AFFORDABLE HOUSING OPPORTUNITIES NY N/A 0 0 ATTICA COLONY INC 2393 MAIN STREET BUFFALO NY 14214 161484793 PROVIDING AFFORDABLE HOUSING OPPORTUNITES NY N/A C 0 WOODLAND GENERAL INC 2393 MAIN STREET BUFFALO NY 14214 161592226 PROVIDING AFFORDABLE HOUSING OPPORTUNITES NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0