Civic Intelligence

Ubf Faculty-Student Housing Corp

EIN 16-1372560 • 501(c)3 • Buffalo, NY

Profile

To support the educational purposes of the university at buffalo and to lessen the burden of government by acquiring, constructing, renovating and maintaining residential facilities for students/faculty.

Box 900Buffalo, NY 14226-0900

www.ubfoundation.buffalo.edu

Siviq Scores

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

Liabilities / Assets

76th percentile

0.68x

Higher debt load relative to assets than 76% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

3.38x

Higher debt load relative to revenue than 85% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$430,050

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

NTEE B • $100M-$250M nonprofits • Source year 2024

Asset Growth

46th percentile

3.3%

Faster asset growth than 46% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-12%

Faster revenue growth than 11% of similar nonprofits.

NTEE B • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$142,553,536

Up $7,697,527 (+5.7%) from 2022

Liabilities

Down

$103,774,601

Down $6,770,278 (-6.1%) from 2022

Net Assets

Up

$38,778,935

Up $14,467,805 (+60%) from 2022

Revenue

Up

$33,426,350

Up $9,255,098 (+38%) from 2022

Expenses

Down

$20,115,432

Down $554,800 (-2.7%) from 2022

Net Income

Up

$13,310,918

Up $9,809,898 (+280%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $166,968,015Liabilities 2011: $160,252,754Net Assets 2011: $6,715,2612011Assets 2012: $201,137,348Liabilities 2012: $196,374,138Net Assets 2012: $4,763,2102012Assets 2013: $161,914,241Liabilities 2013: $152,192,725Net Assets 2013: $9,721,5162013Assets 2014: $159,557,507Liabilities 2014: $148,313,651Net Assets 2014: $11,243,8562014Assets 2015: $154,458,926Liabilities 2015: $144,734,098Net Assets 2015: $9,724,8282015Assets 2016: $146,885,386Liabilities 2016: $138,513,562Net Assets 2016: $8,371,8242016Assets 2017: $146,451,840Liabilities 2017: $132,676,654Net Assets 2017: $13,775,1862017Assets 2018: $142,138,860Liabilities 2018: $130,566,905Net Assets 2018: $11,571,9552018Assets 2019: $145,195,604Liabilities 2019: $129,021,755Net Assets 2019: $16,173,8492019Assets 2020: $139,003,196Liabilities 2020: $122,360,082Net Assets 2020: $16,643,1142020Assets 2021: $136,055,512Liabilities 2021: $117,890,637Net Assets 2021: $18,164,8752021Assets 2022: $134,856,009Liabilities 2022: $110,544,879Net Assets 2022: $24,311,1302022Assets 2023: $142,553,536Liabilities 2023: $103,774,601Net Assets 2023: $38,778,9352023

Highlighted filing

2023

Assets$142,553,536
Liabilities$103,774,601
Net Assets$38,778,935

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $17,239,408Expenses 2011: $16,621,730Net Income 2011: $617,6782011Revenue 2012: $21,768,450Expenses 2012: $19,810,540Net Income 2012: $1,957,9102012Expenses 2013: $20,915,6872013Revenue 2014: $23,140,779Expenses 2014: $21,416,992Net Income 2014: $1,723,7872014Revenue 2015: $21,511,734Expenses 2015: $22,555,295Net Income 2015: -$1,043,5612015Revenue 2016: $23,138,822Expenses 2016: $22,043,063Net Income 2016: $1,095,7592016Revenue 2017: $24,211,390Expenses 2017: $21,669,457Net Income 2017: $2,541,9332017Revenue 2018: $16,445,277Expenses 2018: $20,601,595Net Income 2018: -$4,156,3182018Revenue 2019: $26,992,066Expenses 2019: $20,737,613Net Income 2019: $6,254,4532019Revenue 2020: $22,745,427Expenses 2020: $20,422,327Net Income 2020: $2,323,1002020Revenue 2021: $19,963,891Expenses 2021: $20,444,339Net Income 2021: -$480,4482021Revenue 2022: $24,171,252Expenses 2022: $20,670,232Net Income 2022: $3,501,0202022Revenue 2023: $33,426,350Expenses 2023: $20,115,432Net Income 2023: $13,310,9182023

Highlighted filing

2023

Revenue$33,426,350
Expenses$20,115,432
Net Income$13,310,918

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$143$104$38.8$33.4$20.1$13.3
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$111$24.3$24.2$20.7$3.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$118$18.2$20.0$20.4$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$139$122$16.6$22.7$20.4$2.32
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$145$129$16.2$27.0$20.7$6.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$142$131$11.6$16.4$20.6$4.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$146$133$13.8$24.2$21.7$2.54
2016Detailed filing. Detailed filing data is available for this year.$147$139$8.37$23.1$22.0$1.10
2015Detailed filing. Detailed filing data is available for this year.$154$145$9.72$21.5$22.6$1.04
2014Detailed filing. Detailed filing data is available for this year.$160$148$11.2$23.1$21.4$1.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$152$9.72$20.9
2012Summary only. Only limited summary data is available for this year.$201$196$4.76$21.8$19.8$1.96
2011Summary only. Only limited summary data is available for this year.$167$160$6.72$17.2$16.6$0.62
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.2
Gross Receipts
$25,833,805
Mission and Program Overview

Mission

To support the educational purposes of the university at buffalo and to lessen the burden of government by acquiring, constructing, renovating and maintaining residential facilities for students and faculty.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$92,946,821$91,824,248▼ $1,122,573
Savings and Temporary Cash Investments$42,248,994$41,982,513▼ $266,481
Accounts Receivable$479,366$624,966▲ $145,600
Prepaid Expenses and Deferred Charges$380,331$424,282▲ $43,951
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$136,055,512$134,856,009▼ $1,199,503
Other Assets Total$0$0→ $0
Liabilities
Tax Exempt Bond Liabilities$106,588,054$102,824,905▼ $3,763,149
Other Liabilities$6,087,436$3,442,201▼ $2,645,235
Accounts Payable and Accrued Expenses$3,204,136$3,195,207▼ $8,929
Grants Payable$1,738,150$731,791▼ $1,006,359
Deferred Revenue$272,861$350,775▲ $77,914
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$117,890,637$110,544,879▼ $7,345,758
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,164,875$24,311,130▲ $6,146,255
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$18,164,875$24,311,130▲ $6,146,255
Total Liabilities and Net Assets / Fund Balance$136,055,512$134,856,009▼ $1,199,503

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$70,441,742$63,964,598$134,406,340
Leasehold Improvements$18,385,510$9,267,763$27,653,273
Equipment$2,592,338$13,008,795$15,601,133
Land$404,658-$404,658
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven H ShepsmanDirector/chair
Claudia D FosketDirector
Daniel M HamisterDirector
David ChiazzaDirector
Jean PowersDirector
Kathleen GrimmDirector
Ronald SchreiberDirector
Sheldon BerlowDirector
Sujata YalamanchiliDirector (as of 7/1/21)
Edward SchneiderExecutive Director (thru 10/31/21)
Anastacia KnapperChief Exec Officer (as of 8/16/21)

Highest Paid Contractors

ContractorServicesLocationCompensation
Charles Schwab & Co INCFinancial Services2423 EAST LINCOLN DRIVE, Phoenix, AZ 85016$2,800,000
Jos A Sanders & Sons INCRoofing ContractorPO BOX 814, Buffalo, NY 14240$2,302,682
Lake Side Contracting Co INCGeneral Contractor3198 UNION RD SUITE 500, Cheektowaga, NY 14227$738,123
Rodriguez Construction Group INCContractor683 NORTHLAND AVENUE, Buffalo, NY 14211$735,743
Wilmington TrustInvestment Mgmt1100 NORTH MARKET STREET, Wilmington, DE 19890$579,192
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,597,944
Investment Income
$-1,620,941
Other Revenue
$-805,751
Change in Net Assets
$3,501,020

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,171,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,645,235
Total Revenue per Audited Statements
$26,816,487
Total Revenue per Form 990
$24,171,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,930,232
Grants and Similar Amounts Paid$740,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$7,809,792--$7,809,792
Depreciation Depletion$6,029,918--$6,029,918
Fees for Services Management$5,366,891--$5,366,891
Grants to Domestic Orgs$740,000--$740,000
Information Technology$84,498--$84,498
Fees for Services Other$52,582--$52,582
Other Expenses$28,201--$28,201
Office Expenses$23,347--$23,347
Fees for Services Legal$1,613--$1,613
Fees for Services Accounting$805--$805
Total Functional Expenses$20,670,232$0$0$20,670,232

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,670,232
Total Expenses per Audited Statements$20,670,232
Total Expenses per Form 990$20,670,232
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ub Foundation Activities IncBuffalo, NY501(c)(3)Educational Support$740,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap$3,442,201

Bond Issues

BondIssuerIssuedIssue PricePurpose
BAmherst Development Corp (series 2017a)2017-10-26$71,487,667REFUND 2010A BOND
CAmherst Development Corp (series 2021a)2021-12-22$25,897,937REFUND 2012A BOND ISSUE
AAmherst Development Corp (series 2010b)2010-08-26$23,975,000REFUND 2000 BOND ISSUE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$71,487,667$69,907,707$13,018,003$1,081,971
C$25,897,937$25,308,120$994,518$493,149
A$23,975,000$23,540,448$7,207,847$346,898

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 review process after the form 990 has been prepared and completed internally it is reviewed by the organization's management. An external review of the 990 is then performed by the organization's outside accountants (kpmg). The organization's board of directors has delegated the review process to the audit committee of the university at buffalo foundation, inc., an affiliated entity. The form 990 is discussed at a meeting of the audit committee prior to filing the return. Upon completion of the audit committee's review, the form 990 is provided to the full board of directors prior to filing the return with the internal revenue service.

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

Explanation of monitoring and enforcement of conflicts all directors and officers of the organization are required to complete a written conflict of interest disclosure statement on an annual basis. All directors and officers are also required to provide any updated information on potential conflicts that arise prior to the completion of the disclosure statement. All disclosure statements are reviewed by the organization's management and legal counsel. All situations that are deemed to represent a conflict as described in the organization's conflict of interest policy are reported to the board chair. The conflicted individual must recuse himself or herself during the discussion of and voting of an action that involves the identified conflict.

Form 990, Part VI, Section C, Line 19

Other organization documents publicly available the financial statements, governing documents, and conflict of interest policy are available upon request. In addition, the financial statements and form 990 are available on the organization's website and the form 990 is available at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Ubf Faculty-student Housing Corp
EIN
16-1372560
Phone
7166453011
Address
BOX 900, BUFFALO, NY 14226-0900

Signing Officer

Name
Patrick E Richey
Title
Chief Financial Officer
Phone
7166453011
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anastacia S Knapper
Formed
1997
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Kpmg Llp
Address
515 BROADWAY 4TH FLOOR, ALBANY, NY 12207-2974
Preparer
Stephanie Lonczak
Phone
5184274600
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION

Form 990, part i, line 1 to support the educational purposes of the univ. At buffalo and to lessen the burden of government by acquiring, constructing, renovating and maintaining residential facilities for students/faculty.

Financial Statement Notes

PART X, LINE 2:

Fin 48 (asc 740 footnote) the internal revenue service has ruled that ubf faculty-student housing corp. Is qualified under section 501 (c) (3) of the internal revenue code and is, therefore, generally not subject to tax on related income under present federal income tax laws, and is not a private foundation within the meaning of section 509 (a)(3) of the internal revenue code. Ubf faculty-student housing corp. Follows the provisions of asc 740, accounting for uncertainty in income taxes, whereby it recognizes income tax positions when it is more-likely than-not the position will be sustainable based on the merits of the position. Management has concluded that there are no material uncertain tax positions that need to be recorded at june 30, 2022 or 2021.

Raw XML AppendixShowing 400 of 774 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03204136
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03195207
IRS990/AccountsReceivableGrp/BOYAmt0479366
IRS990/AccountsReceivableGrp/EOYAmt0624966
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICK E RICHEY
IRS990/BooksInCareOfDetail/PhoneNum07166453011
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0BOX 900
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014226
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt09
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt02800000
IRS990/ContractorCompensationGrp/CompensationAmt12302682
IRS990/ContractorCompensationGrp/CompensationAmt2738123
IRS990/ContractorCompensationGrp/CompensationAmt3735743
IRS990/ContractorCompensationGrp/CompensationAmt4579192
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02423 EAST LINCOLN DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 814
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23198 UNION RD SUITE 500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3683 NORTHLAND AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt41100 NORTH MARKET STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHOENIX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BUFFALO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHEEKTOWAGA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3BUFFALO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4WILMINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4DE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085016
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd114240
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd214227
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd314211
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd419890
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARLES SCHWAB & CO INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1JOS A SANDERS & SONS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2LAKE SIDE CONTRACTING CO INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3RODRIGUEZ CONSTRUCTION GROUP INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4WILMINGTON TRUST
IRS990/ContractorCompensationGrp/ServicesDesc0FINANCIAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1ROOFING CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc2GENERAL CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc3CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc4INVESTMENT MGMT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0740000
IRS990/CYInvestmentIncomeAmt0-1620941
IRS990/CYOtherExpensesAmt019930232
IRS990/CYOtherRevenueAmt0-805751
IRS990/CYProgramServiceRevenueAmt026597944
IRS990/CYRevenuesLessExpensesAmt03501020
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt020670232
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt024171252
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0272861
IRS990/DeferredRevenueGrp/EOYAmt0350775
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06029918
IRS990/DepreciationDepletionGrp/TotalAmt06029918
IRS990/Desc0THE ORGANIZATION CONSTRUCTS AND OPERATES HOUSING FOR STUDENTS OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO. ADEQUATE, AFFORDABLE HOUSING IS A NECESSARY COMPONENT IN FULFILLING THE EDUCATIONAL PURPOSE OF THE UNIVERSITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt020670232
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0805
IRS990/FeesForServicesAccountingGrp/TotalAmt0805
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01613
IRS990/FeesForServicesLegalGrp/TotalAmt01613
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt05366891
IRS990/FeesForServicesManagementGrp/TotalAmt05366891
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt052582
IRS990/FeesForServicesOtherGrp/TotalAmt052582
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt955.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1055.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt947829
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1019492
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVEN H SHEPSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID CHIAZZA
IRS990/Form990PartVIISectionAGrp/PersonNm2SHELDON BERLOW
IRS990/Form990PartVIISectionAGrp/PersonNm3CLAUDIA D FOSKET
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHLEEN GRIMM
IRS990/Form990PartVIISectionAGrp/PersonNm5DANIEL M HAMISTER
IRS990/Form990PartVIISectionAGrp/PersonNm6JEAN POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm7RONALD SCHREIBER
IRS990/Form990PartVIISectionAGrp/PersonNm8SUJATA YALAMANCHILI
IRS990/Form990PartVIISectionAGrp/PersonNm9EDWARD SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm10ANASTACIA KNAPPER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9259699
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10168561
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (AS OF 7/1/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR (THRU 10/31/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF EXEC OFFICER (AS OF 8/16/21)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1662553
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0740000
IRS990/GrantsPayableGrp/BOYAmt01738150
IRS990/GrantsPayableGrp/EOYAmt0731791
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0740000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0740000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt025833805
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt084498
IRS990/InformationTechnologyGrp/TotalAmt084498
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt041612
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt041612
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt086241156
IRS990/LandBldgEquipBasisNetGrp/BOYAmt092946821
IRS990/LandBldgEquipBasisNetGrp/EOYAmt091824248
IRS990/LandBldgEquipCostOrOtherBssAmt0178065404
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01662553
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE EDUCATIONAL PURPOSES OF THE UNIVERSITY AT BUFFALO AND TO LESSEN THE BURDEN OF GOVERNMENT BY ACQUIRING, CONSTRUCTING, RENOVATING AND MAINTAINING RESIDENTIAL FACILITIES FOR STUDENTS/FACULTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt018164875
IRS990/NetAssetsOrFundBalancesEOYAmt024311130
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1662553
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1662553
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02645235
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018164875
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024311130
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt07809792
IRS990/OccupancyGrp/TotalAmt07809792
IRS990/OfficeExpensesGrp/ProgramServicesAmt023347
IRS990/OfficeExpensesGrp/TotalAmt023347
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2FIRE & SAFETY
IRS990/OtherExpensesGrp/Desc3BANK AND INVESTMENT FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt0324561
IRS990/OtherExpensesGrp/ProgramServicesAmt1110971
IRS990/OtherExpensesGrp/ProgramServicesAmt297053
IRS990/OtherExpensesGrp/ProgramServicesAmt328201
IRS990/OtherExpensesGrp/TotalAmt0324561
IRS990/OtherExpensesGrp/TotalAmt1110971
IRS990/OtherExpensesGrp/TotalAmt297053
IRS990/OtherExpensesGrp/TotalAmt328201
IRS990/OtherLiabilitiesGrp/BOYAmt06087436
IRS990/OtherLiabilitiesGrp/EOYAmt03442201
IRS990/OtherRevenueMiscGrp/BusinessCd0901101
IRS990/OtherRevenueMiscGrp/Desc0LOSS ON REFINANCE OF DEBT
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-805751
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-805751
IRS990/OtherRevenueTotalAmt0-805751
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0380331
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0424282
IRS990/PrincipalOfficerNm0ANASTACIA S KNAPPER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026597944
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026597944
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01910000
IRS990/PYInvestmentIncomeAmt0-453829
IRS990/PYOtherExpensesAmt018534338
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt020417719
IRS990/PYRevenuesLessExpensesAmt0-480448
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt020444338
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019963890
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt03501020
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026597944
IRS990/SavingsAndTempCashInvstGrp/BOYAmt042248994
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041982513
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt041612
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0120806
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0127134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0143649
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt094047
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0527248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt026597944
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020417720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt023560190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt026882273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt025296225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0122754352
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt041612
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0120806
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0127134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0143649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt094047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0527248
IRS990ScheduleA/InvestmentIncomeCYPct00.00430
IRS990ScheduleA/InvestmentIncomePYPct00.00460
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99570
IRS990ScheduleA/PublicSupportPY509Pct00.99540
IRS990ScheduleA/PublicSupportTotal509Amt0122754352
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026597944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020417720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt023560190
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt026882273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt025296225
IRS990ScheduleA/Total509Grp/TotalAmt0122754352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt026639556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020538526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt023687324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt027025922
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt025390272
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0123281600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt070441742

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $100M-$250M nonprofits