Civic Intelligence

Timon Towers Housing Development Fund Company Inc

990 • Fiscal year 2025 • EIN 16-1075435

Jan 01, 2025 to Dec 31, 2025 • Filed on Mar 19, 2026

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

94th percentile

0.94x

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

2025 filings • 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.

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

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

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

Asset Growth

44th percentile

2.1%

Faster asset growth than 44% of similar nonprofits.

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

Revenue Growth

44th percentile

3.6%

Faster revenue growth than 44% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$3,375,440

Up $104,363 (+3.2%) from 2023

Net Assets

Up

$201,574

Up $297,222 (+311%) from 2023

Liabilities

Down

$3,173,866

Down $192,859 (-5.7%) from 2023

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin66th percentile

Revenue

Up

$1,305,758

Up $89,328 (+7.3%) from 2023

Expenses

Up

$1,131,954

Up $55,579 (+5.2%) from 2023

Net Income

Up

$173,804

Up $33,749 (+24%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth44th 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 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: -$95,6482023Assets 2025: $3,375,440Liabilities 2025: $3,173,866Net Assets 2025: $201,5742025

Highlighted filing

2025

Assets$3,375,440
Liabilities$3,173,866
Net Assets$201,574
Open 2025 Filing

Operations Trend

Revenue Growth44th 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 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: $140,0552023Revenue 2025: $1,305,758Expenses 2025: $1,131,954Net Income 2025: $173,8042025

Highlighted filing

2025

Revenue$1,305,758
Expenses$1,131,954
Net Income$173,804
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 19, 2026
Return Version
2025v4.0
Gross Receipts
$1,305,758
Mission and Program Overview

Mission

To provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,294,274$1,284,333▼ $9,941
Prepaid Expenses and Deferred Charges$55,247$57,174▲ $1,927
Cash and Non-Interest-Bearing Accounts$44,398$54,111▲ $9,713
Accounts Receivable$10,478$6,013▼ $4,465
Total Assets$3,306,983$3,375,440▲ $68,457
Other Assets Total$1,902,586$1,973,809▲ $71,223
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,164,492$3,079,111▼ $85,381
Accounts Payable and Accrued Expenses$72,612$51,601▼ $21,011
Other Liabilities$42,109$43,154▲ $1,045
Total Liabilities$3,279,213$3,173,866▼ $105,347
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,770$201,574▲ $173,804
Total Net Assets Fund Balance$27,770$201,574▲ $173,804
Total Liabilities and Net Assets / Fund Balance$3,306,983$3,375,440▲ $68,457

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,090,966$6,568,456$7,659,422
Land$193,367-$193,367
Other Land Buildings$0$141,861$141,861
Equipment$0$96,570$96,570
Other Assets Org$41,931--
Compensation and Service Providers
Top Officer Pay42nd percentile

Board Members and Trustees

NameTitle
Deacon Steve SchumerPresident
Rev Peter J KaralusVice President
Most Rev Michael W FisherDirector
Robert GoodsDirector
Sr Mary Mccarrick OsfDirector
Melissa PotzlerSecretary
Albert GressTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,294,869
Investment Income
$4,022
Other Revenue
$6,867
Change in Net Assets
$173,804

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,305,758
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,305,758
Total Revenue per Form 990
$1,305,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$776,725
Salaries, Compensation, and Employee Benefits$355,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,109$130,349-$277,458
Fees for Services Other$119,081$8,050-$127,131
Occupancy$99,659--$99,659
Fees for Services Management-$97,692-$97,692
Interest$95,331--$95,331
Insurance$76,617--$76,617
Depreciation Depletion$69,741--$69,741
Other Employee Benefits$28,914$25,620-$54,534
All Other Expenses$21,044$22,539-$43,583
Office Expenses-$32,809-$32,809
Payroll Taxes$12,320$10,917-$23,237
Other Expenses$14,987--$14,987
Fees for Services Accounting-$4,985-$4,985
Fees for Services Legal-$2,693-$2,693
Conferences and Meetings-$949-$949
Advertising-$73-$73
Total Functional Expenses$795,278$336,676$0$1,131,954

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,131,954
Total Expenses per Audited Statements$1,131,954
Total Expenses per Form 990$1,131,954
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$41,931
Prepaid Rent$1,223
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 makes it available to officers and directors for their review.”

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
Albert Gress
Title
Treasurer
Phone
7168471635
Signed
2026-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Albert Gress
Formed
1976
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Audit expense: program service expenses 0. Management and general expenses 8,050. Fundraising expenses 0. Total expenses 8,050. Contracts: program service expenses 119,081. Management and general expenses 0. Fundraising expenses 0. Total expenses 119,081.”

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2025.”

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 511 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.

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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010917
IRS990/PayrollTaxesGrp/ProgramServicesAmt012320
IRS990/PayrollTaxesGrp/TotalAmt023237
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055247
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057174
IRS990/PrincipalOfficerNm0ALBERT GRESS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0841905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1452964
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0841905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1452964
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03892
IRS990/PYOtherExpensesAmt0781911
IRS990/PYOtherRevenueAmt03156
IRS990/PYProgramServiceRevenueAmt01253577
IRS990/PYRevenuesLessExpensesAmt0123418
IRS990/PYSalariesCompEmpBnftPaidAmt0355296
IRS990/PYTotalExpensesAmt01137207
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01260625
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0173804
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01294869
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03281
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01185
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0538
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012918
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01294869
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01253577
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01202566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01115399
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01082026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05948437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03281
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01185
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012918
IRS990ScheduleA/InvestmentIncomeCYPct00.00210
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06867
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03156
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010583
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt053247
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt053197
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0127050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97700
IRS990ScheduleA/PublicSupportPY509Pct00.96800
IRS990ScheduleA/PublicSupportTotal509Amt05948437
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01294869
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01253577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01202566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01115399
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01082026
IRS990ScheduleA/Total509Grp/TotalAmt05948437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01305758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01260625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01216430
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01169831
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01135761
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06088405
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01090966
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06568456
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07659422
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt096570
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096570
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01131954
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0193367
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193367
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0401860
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11456171
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233669
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt340178
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt441931
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/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0141861
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0141861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01223
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt141931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01305758
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/TotalBookValueLandBuildingsAmt01284333
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01973809
IRS990ScheduleD/TotalExpensesPerForm990Amt01131954
IRS990ScheduleD/TotalLiabilityAmt043154
IRS990ScheduleD/TotalRevenuePerForm990Amt01305758
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01305758
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01131954
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 MAKES IT AVAILABLE TO OFFICERS AND DIRECTORS FOR THEIR REVIEW.
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/ExplanationTxt4AUDIT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,050. CONTRACTS: PROGRAM SERVICE EXPENSES 119,081. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,081.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2025.
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 IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 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

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,375,440
Liabilities
$3,173,866
Net assets
$201,574
Revenue
$1,305,758
Expenses
$1,131,954
Net income
$173,804
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.38$3.17$0.20$1.31$1.13$0.17
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