Civic Intelligence

Timon Towers Housing Development Fund

EIN 16-1075435 • 501(c)3 • Buffalo, NY

Profile

To provide low-income housing

525 Washington StreetBuffalo, NY 14203

www.deltadevelopmentwny.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.94x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

2.43x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

46th percentile

2.1%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

43rd percentile

3.6%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$3,271,077

Up $42,373 (+1.3%) from 2022

Liabilities

Down

$3,366,725

Down $97,682 (-2.8%) from 2022

Net Assets

Up

-$95,648

Up $140,055 (+59%) from 2022

Operations
Liabilities / Revenue94th percentileNet Margin65th percentile

Revenue

Up

$1,216,430

Up $46,599 (+4.0%) from 2022

Expenses

Down

$1,076,375

Down $70,499 (-6.1%) from 2022

Net Income

Up

$140,055

Up $117,098 (+510%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $1,487,857Liabilities 2011: $2,027,308Net Assets 2011: -$539,4512011Assets 2012: $1,477,944Liabilities 2012: $1,828,748Net Assets 2012: -$350,8042012Assets 2013: $1,480,708Liabilities 2013: $1,634,259Net Assets 2013: -$153,5512013Assets 2014: $1,436,612Liabilities 2014: $1,411,972Net Assets 2014: $24,6402014Assets 2015: $3,988,126Liabilities 2015: $3,946,092Net Assets 2015: $42,0342015Assets 2016: $3,849,107Liabilities 2016: $3,799,084Net Assets 2016: $50,0232016Assets 2017: $3,754,310Liabilities 2017: $3,740,369Net Assets 2017: $13,9412017Assets 2018: $3,524,456Liabilities 2018: $3,715,512Net Assets 2018: -$191,0562018Assets 2019: $3,412,814Liabilities 2019: $3,645,687Net Assets 2019: -$232,8732019Assets 2020: $3,382,231Liabilities 2020: $3,561,434Net Assets 2020: -$179,2032020Assets 2021: $3,293,242Liabilities 2021: $3,551,902Net Assets 2021: -$258,6602021Assets 2022: $3,228,704Liabilities 2022: $3,464,407Net Assets 2022: -$235,7032022Assets 2023: $3,271,077Liabilities 2023: $3,366,725Net Assets 2023: -$95,6482023

Highlighted filing

2023

Assets$3,271,077
Liabilities$3,366,725
Net Assets-$95,648
Open 2023 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $928,0912011Expenses 2012: $892,7952012Revenue 2013: $1,128,885Expenses 2013: $931,632Net Income 2013: $197,2532013Revenue 2014: $1,111,300Expenses 2014: $933,109Net Income 2014: $178,1912014Revenue 2015: $1,075,258Expenses 2015: $1,057,864Net Income 2015: $17,3942015Revenue 2016: $1,068,124Expenses 2016: $1,060,135Net Income 2016: $7,9892016Revenue 2017: $1,081,832Expenses 2017: $1,117,914Net Income 2017: -$36,0822017Revenue 2018: $1,073,919Expenses 2018: $1,278,916Net Income 2018: -$204,9972018Revenue 2019: $1,112,499Expenses 2019: $1,154,316Net Income 2019: -$41,8172019Revenue 2020: $1,157,011Expenses 2020: $1,103,341Net Income 2020: $53,6702020Revenue 2021: $1,135,761Expenses 2021: $1,215,218Net Income 2021: -$79,4572021Revenue 2022: $1,169,831Expenses 2022: $1,146,874Net Income 2022: $22,9572022Revenue 2023: $1,216,430Expenses 2023: $1,076,375Net Income 2023: $140,0552023

Highlighted filing

2023

Revenue$1,216,430
Expenses$1,076,375
Net Income$140,055
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$3,271,077
Liabilities
$3,366,725
Net assets
-$95,648
Revenue
$1,216,430
Expenses
$1,076,375
Net income
$140,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.27$3.37$0.10$1.22$1.08$0.14
2022Summary only. Only limited summary data is available for this year.$3.23$3.46$0.24$1.17$1.15$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$3.55$0.26$1.14$1.22$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$3.56$0.18$1.16$1.10$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$3.65$0.23$1.11$1.15$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$3.72$0.19$1.07$1.28$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$3.74$0.01$1.08$1.12$0.04
2016Summary only. Only limited summary data is available for this year.$3.85$3.80$0.05$1.07$1.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.99$3.95$0.04$1.08$1.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.44$1.41$0.02$1.11$0.93$0.18
2013Summary only. Only limited summary data is available for this year.$1.48$1.63$0.15$1.13$0.93$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$1.83$0.35$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$2.03$0.54$0.93
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 21, 2022
Return Version
2021v4.2
Gross Receipts
$1,135,761
Mission and Program Overview

Mission

To provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,874,380$1,671,624▼ $202,756
Prepaid Expenses and Deferred Charges$44,653$44,034▼ $619
Cash and Non-Interest-Bearing Accounts$114,499$34,496▼ $80,003
Accounts Receivable$8,397$15,831▲ $7,434
Total Assets$3,382,231$3,293,242▼ $88,989
Other Assets Total$1,340,302$1,527,257▲ $186,955
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,481,534$3,405,806▼ $75,728
Accounts Payable and Accrued Expenses$38,995$105,692▲ $66,697
Other Liabilities$40,905$40,404▼ $501
Total Liabilities$3,561,434$3,551,902▼ $9,532
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-179,203$-258,660▼ $79,457
Total Net Assets Fund Balance$-179,203$-258,660▼ $79,457
Total Liabilities and Net Assets / Fund Balance$3,382,231$3,293,242▼ $88,989

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,457,082$6,134,665$7,591,747
Land$193,367-$193,367
Other Land Buildings$1,079$140,782$141,861
Equipment$20,096$76,474$96,570
Other Assets Org$39,818--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Deacon Steve SchumerPresident
Rev Peter J KaralusVice President
Clara MoranDirector
Most Rev Michael W FisherDirector
Sr Mary Mccarrick OsfDirector
Sr Regina Murphy SsmnSecretary
Charles MendoleraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,082,026
Investment Income
$538
Other Revenue
$53,197
Change in Net Assets
$-79,457

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,135,761
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,135,761
Total Revenue per Form 990
$1,135,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$926,584
Salaries, Compensation, and Employee Benefits$288,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,715$78,005-$231,720
Depreciation Depletion$202,756--$202,756
Interest$105,008--$105,008
Fees for Services Other$76,657$7,000-$83,657
Fees for Services Management-$80,365-$80,365
Occupancy$79,981--$79,981
Insurance$63,853--$63,853
All Other Expenses$16,940$26,898-$43,838
Office Expenses-$37,682-$37,682
Other Employee Benefits$26,508$9,428-$35,936
Payroll Taxes$15,475$5,503-$20,978
Other Expenses$11,113$52,048-$11,113
Fees for Services Accounting-$4,985-$4,985
Fees for Services Legal-$1,845-$1,845
Advertising-$243-$243
Total Functional Expenses$911,216$304,002$0$1,215,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,215,218
Total Expenses per Audited Statements$1,215,218
Total Expenses per Form 990$1,215,218
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TENANTS' SECURITY DEPOSITS$39,818
Prepaid Rent$586
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Delta development of wny, inc. Is the management agent responsible for day-to-day operations involving tenant selection and application process required by hud. All management related matters including general maintenance and repairs, administrative, personnel administration, rent collection and lease enforcement, accounting services, marketing, and community relations, as outlined in the management agreement. Employee hiring, supervision, and terminations are the responsibility of delta development as managing agent.”

Form 990, Part VI, Section B, Line 11B

“The management company reviews the form and secures the review of the form by the audit committee, which is comprised of board members.”

Form 990, Part VI, Section B, Line 12C

“The board of directors follows the conflict of interest policy of delta development, the managing agent.”

Form 990, Part VI, Section C, Line 19

“Available upon request by the public.”

Filing and Contact Details

Filer

Filer Name
Timon Towers Housing Development Fund
EIN
16-1075435
Phone
7168471635
Address
525 WASHINGTON STREET, BUFFALO, NY 14203

Signing Officer

Name
Deacon Steve Schumer
Title
President
Phone
7168471635
Signed
2022-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deacon Steve Schumer
Formed
1976
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2021.”

Financial Statement Notes

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 positions 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.”

Raw XML AppendixShowing 400 of 517 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AdvertisingGrp/ManagementAndGeneralAmt0243
IRS990/AdvertisingGrp/TotalAmt0243
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IRS990/AllOtherExpensesGrp/ProgramServicesAmt016940
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IRS990/BooksInCareOfDetail/PhoneNum07168471635
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IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/Desc0TO PROVIDE ELDERLY, HANDICAPPED, AND PERSONS OF LOW-INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
IRS990/DescribedInSection501c3Ind01
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026508
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035936
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2CABLE EXP
IRS990/OtherExpensesGrp/Desc3GARBAGE AND TRASH REMOV
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt052048
IRS990/OtherExpensesGrp/ProgramServicesAmt0107115
IRS990/OtherExpensesGrp/ProgramServicesAmt152095
IRS990/OtherExpensesGrp/ProgramServicesAmt211113
IRS990/OtherExpensesGrp/TotalAmt0107115
IRS990/OtherExpensesGrp/TotalAmt152095
IRS990/OtherExpensesGrp/TotalAmt252048
IRS990/OtherExpensesGrp/TotalAmt311113
IRS990/OtherLiabilitiesGrp/BOYAmt040905
IRS990/OtherLiabilitiesGrp/EOYAmt040404
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0CABLE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt045187
IRS990/OtherRevenueMiscGrp/ExclusionAmt15306
IRS990/OtherRevenueMiscGrp/ExclusionAmt21760
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt045187
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15306
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21760
IRS990/OtherRevenueTotalAmt053197
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078005
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0153715
IRS990/OtherSalariesAndWagesGrp/TotalAmt0231720
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05503
IRS990/PayrollTaxesGrp/ProgramServicesAmt015475
IRS990/PayrollTaxesGrp/TotalAmt020978
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044653
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044034
IRS990/PrincipalOfficerNm0DEACON STEVE SCHUMER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0728687
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1353339
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0728687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1353339
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0830
IRS990/PYOtherExpensesAmt0824174
IRS990/PYOtherRevenueAmt059868
IRS990/PYProgramServiceRevenueAmt01096313
IRS990/PYRevenuesLessExpensesAmt053670
IRS990/PYSalariesCompEmpBnftPaidAmt0279167
IRS990/PYTotalExpensesAmt01103341
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01157011
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-79457
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01082026
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0830
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02442
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01840
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08729
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01082026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01096313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01056906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01027752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01037284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05300281
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0830
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01840
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08729
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt053197
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt059868
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt052514
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt043725
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt042708
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0252012
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95310
IRS990ScheduleA/PublicSupportPY509Pct00.95470
IRS990ScheduleA/PublicSupportTotal509Amt05300281
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01082026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01096313
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01056906
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01027752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01037284
IRS990ScheduleA/Total509Grp/TotalAmt05300281
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01135761
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01157011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01112499
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01073919
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01081832
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05561022
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01457082
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06134665
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07591747
IRS990ScheduleD/EquipmentGrp/BookValueAmt020096
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096570
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01215218
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0193367
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193367
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0401860
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1979573
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt278035
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt327971
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt439818
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01079
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0140782
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0141861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01135761
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 POSITIONS 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01671624
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01527257
IRS990ScheduleD/TotalExpensesPerForm990Amt01215218
IRS990ScheduleD/TotalLiabilityAmt040404
IRS990ScheduleD/TotalRevenuePerForm990Amt01135761
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01135761
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01215218
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELTA DEVELOPMENT OF WNY, INC. IS THE MANAGEMENT AGENT RESPONSIBLE FOR DAY-TO-DAY OPERATIONS INVOLVING TENANT SELECTION AND APPLICATION PROCESS REQUIRED BY HUD. ALL MANAGEMENT RELATED MATTERS INCLUDING GENERAL MAINTENANCE AND REPAIRS, ADMINISTRATIVE, PERSONNEL ADMINISTRATION, RENT COLLECTION AND LEASE ENFORCEMENT, ACCOUNTING SERVICES, MARKETING, AND COMMUNITY RELATIONS, AS OUTLINED IN THE MANAGEMENT AGREEMENT. EMPLOYEE HIRING, SUPERVISION, AND TERMINATIONS ARE THE RESPONSIBILITY OF DELTA DEVELOPMENT AS MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT COMPANY REVIEWS THE FORM AND SECURES THE REVIEW OF THE FORM BY THE AUDIT COMMITTEE, WHICH IS COMPRISED OF BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS FOLLOWS THE CONFLICT OF INTEREST POLICY OF DELTA DEVELOPMENT, THE MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATHOLIC CHARITIES OF BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1DELTA DEVELOPMENT OF WNY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SANTA MARIA TOWERS HOUSING DEVELOPMENT FUND CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0160743251
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222926788
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2161235269
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY

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