Civic Intelligence

Timon Towers Housing Development Fund Company Inc

990 • Fiscal year 2016 • EIN 16-1075435

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 24, 2017

Organization ProfileWWW.DELTADEVELOPMENTWNY.ORG
525 Washington StreetBuffalo, NY 14203

(716) 847-1635

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

3.56x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

45th percentile

0.7%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

27th percentile

-3.5%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-0.7%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Flat

$3,849,107

Flat from 2016

Net Assets

Flat

$50,023

Flat from 2016

Liabilities

Flat

$3,799,084

Flat from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin45th percentile

Revenue

Flat

$1,068,124

Flat from 2016

Expenses

Flat

$1,060,135

Flat from 2016

Net Income

Flat

$7,989

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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 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

2016

Assets$3,849,107
Liabilities$3,799,084
Net Assets$50,023
Open 2016 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this 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 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

2016

Revenue$1,068,124
Expenses$1,060,135
Net Income$7,989
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 24, 2017
Return Version
2016v3.0
Gross Receipts
$1,068,124
Mission and Program Overview

Mission

To provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,068,660$2,752,612▲ $683,952
Intangible Assets$97,584--
Prepaid Expenses and Deferred Charges$50,659$44,915▼ $5,744
Cash and Non-Interest-Bearing Accounts$70,722$37,422▼ $33,300
Accounts Receivable$2,318$4,592▲ $2,274
Total Assets$3,988,126$3,849,107▼ $139,019
Other Assets Total$1,698,183$1,009,566▼ $688,617
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,861,046$3,710,680▼ $150,366
Accounts Payable and Accrued Expenses$46,217$49,633▲ $3,416
Other Liabilities$38,829$38,771▼ $58
Total Liabilities$3,946,092$3,799,084▼ $147,008
Net Assets / Fund Balance
Unrestricted Net Assets$42,034$50,023▲ $7,989
Total Net Assets Fund Balance$42,034$50,023▲ $7,989
Total Liabilities and Net Assets / Fund Balance$3,988,126$3,849,107▼ $139,019

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,081,928$5,048,017$7,129,945
Equipment$422,043$71,610$493,653
Land$193,367-$193,367
Other Land Buildings$55,274$122,456$177,730
Other Assets Org$401,860--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Sr Mary MccarrickPresident
Rev Msgr David S SlubeckyVice President
Dennis C WalczykSecretary
Steven D TimmelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,026,170
Investment Income
$2,079
Other Revenue
$39,875
Change in Net Assets
$7,989

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,068,124
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,068,124
Total Revenue per Form 990
$1,068,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$844,731
Salaries, Compensation, and Employee Benefits$215,404
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$210,519--$210,519
Other Salaries and Wages$103,772$62,727-$166,499
Interest$149,587--$149,587
All Other Expenses$78,260$14,837-$93,097
Fees for Services Management-$77,179-$77,179
Occupancy$63,770--$63,770
Insurance$44,273--$44,273
Other Expenses$33,738$35,287-$33,738
Other Employee Benefits$20,401$12,331-$32,732
Office Expenses-$26,882-$26,882
Payroll Taxes$10,080$6,093-$16,173
Fees for Services Other-$5,900-$5,900
Fees for Services Accounting-$4,985-$4,985
Fees for Services Legal-$3,778-$3,778
Advertising-$765-$765
Conferences and Meetings-$600-$600
Total Functional Expenses$808,771$251,364$0$1,060,135

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,060,135
Total Expenses per Audited Statements$1,060,135
Total Expenses per Form 990$1,060,135
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$38,619
Prepaid Rent$152
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 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
Sr Mary Mccarrick
Title
President
Phone
7168471635
Signed
2017-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sr Mary Mccarrick
Formed
1976
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
8
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2016.”

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 499 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
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046217
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049633
IRS990/AccountsReceivableGrp/BOYAmt02318
IRS990/AccountsReceivableGrp/EOYAmt04592
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW-INCOME HOUSING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0765
IRS990/AdvertisingGrp/TotalAmt0765
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt014837
IRS990/AllOtherExpensesGrp/ProgramServicesAmt078260
IRS990/AllOtherExpensesGrp/TotalAmt093097
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DENNIS WALCZYK
IRS990/BooksInCareOfDetail/PhoneNum07168471635
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0525 WASHINGTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014203
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt070722
IRS990/CashNonInterestBearingGrp/EOYAmt037422
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0600
IRS990/ConferencesMeetingsGrp/TotalAmt0600
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02079
IRS990/CYOtherExpensesAmt0844731
IRS990/CYOtherRevenueAmt039875
IRS990/CYProgramServiceRevenueAmt01026170
IRS990/CYRevenuesLessExpensesAmt07989
IRS990/CYSalariesCompEmpBnftPaidAmt0215404
IRS990/CYTotalExpensesAmt01060135
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01068124
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0210519
IRS990/DepreciationDepletionGrp/TotalAmt0210519
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
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0808771
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04985
IRS990/FeesForServicesAccountingGrp/TotalAmt04985
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03778
IRS990/FeesForServicesLegalGrp/TotalAmt03778
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt077179
IRS990/FeesForServicesManagementGrp/TotalAmt077179
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05900
IRS990/FeesForServicesOtherGrp/TotalAmt05900
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0SR MARY MCCARRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1REV MSGR DAVID S SLUBECKY
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS C WALCZYK
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN D TIMMEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01068124
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt044273
IRS990/InsuranceGrp/TotalAmt044273
IRS990/IntangibleAssetsGrp/BOYAmt097584
IRS990/InterestGrp/ProgramServicesAmt0149587
IRS990/InterestGrp/TotalAmt0149587
IRS990/InvestmentIncomeGrp/ExclusionAmt02079
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02079
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05242083
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02068660
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02752612
IRS990/LandBldgEquipCostOrOtherBssAmt07994695
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03861046
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03710680
IRS990/NetAssetsOrFundBalancesBOYAmt042034
IRS990/NetAssetsOrFundBalancesEOYAmt050023
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt063770
IRS990/OccupancyGrp/TotalAmt063770
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026882
IRS990/OfficeExpensesGrp/TotalAmt026882
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01698183
IRS990/OtherAssetsTotalGrp/EOYAmt01009566
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012331
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020401
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032732
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS MAINTENAN
IRS990/OtherExpensesGrp/Desc2CABLE EXPENSE
IRS990/OtherExpensesGrp/Desc3SECURITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035287
IRS990/OtherExpensesGrp/ProgramServicesAmt051107
IRS990/OtherExpensesGrp/ProgramServicesAmt143264
IRS990/OtherExpensesGrp/ProgramServicesAmt233738
IRS990/OtherExpensesGrp/TotalAmt051107
IRS990/OtherExpensesGrp/TotalAmt143264
IRS990/OtherExpensesGrp/TotalAmt235287
IRS990/OtherExpensesGrp/TotalAmt333738
IRS990/OtherLiabilitiesGrp/BOYAmt038829
IRS990/OtherLiabilitiesGrp/EOYAmt038771
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0CABLE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt032742
IRS990/OtherRevenueMiscGrp/ExclusionAmt17133
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032742
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17133
IRS990/OtherRevenueTotalAmt039875
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062727
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0103772
IRS990/OtherSalariesAndWagesGrp/TotalAmt0166499
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06093
IRS990/PayrollTaxesGrp/ProgramServicesAmt010080
IRS990/PayrollTaxesGrp/TotalAmt016173
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044915
IRS990/PrincipalOfficerNm0SR MARY MCCARRICK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0658060
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1368110
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0658060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1368110
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04003
IRS990/PYOtherExpensesAmt0846544
IRS990/PYOtherRevenueAmt041436
IRS990/PYProgramServiceRevenueAmt01029819
IRS990/PYRevenuesLessExpensesAmt017394
IRS990/PYSalariesCompEmpBnftPaidAmt0211320
IRS990/PYTotalExpensesAmt01057864
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01075258
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt07989
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01026170
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0694746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0709480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0699981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02104207
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04003
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0458
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0476
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0959
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07975
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01026170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01029819
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0360569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0348968
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0339839
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03105365
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0458
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0476
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07975
IRS990ScheduleA/InvestmentIncomeCYPct00.00150
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt039875
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt041436
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt055527
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt069961
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt040663
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0247462
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95330
IRS990ScheduleA/PublicSupportPY509Pct00.95030
IRS990ScheduleA/PublicSupportTotal509Amt05209572
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01026170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01029819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01055315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01058448
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01039820
IRS990ScheduleA/Total509Grp/TotalAmt05209572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01068124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01075258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01111300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01128885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01081442
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05465009
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02081928
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05048017
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07129945
IRS990ScheduleD/EquipmentGrp/BookValueAmt0422043
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071610
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0493653
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01060135
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0193367
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193367
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt038619
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt130051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2485738
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt328805
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt424493
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5401860
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPAIR ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM RELATED PARTY
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055274
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0122456
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0177730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt138619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01068124
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/TotalBookValueLandBuildingsAmt02752612
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01009566
IRS990ScheduleD/TotalExpensesPerForm990Amt01060135
IRS990ScheduleD/TotalLiabilityAmt038771
IRS990ScheduleD/TotalRevenuePerForm990Amt01068124
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01068124
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01060135
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, 2016.
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
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE ASSISTANCE TO THE PUBLIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MANAGEMENT OF LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0525 WASHINGTON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1525 WASHINGTON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2525 WASHINGTON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd114203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd214203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,849,107
Liabilities
$3,799,084
Net assets
$50,023
Revenue
$1,068,124
Expenses
$1,060,135
Net income
$7,989
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
2016Detailed filing. Detailed filing data is available for this year.$3.85$3.80$0.05$1.07$1.06$0.01
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