Civic Intelligence

Margaret L Wendt Foundations Holdings Inc

990 • Fiscal year 2017 • EIN 16-1479767

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileN/A
40 Fountain Plaza No 277Buffalo, NY 14202

(716) 855-2146

Siviq Scores

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

Liabilities / Assets

55th percentile

0.54x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

15.78x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2017

Net Margin

57th percentile

18%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

2017 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2017

Asset Growth

86th percentile

9.7%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

-1.4%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$12,444,647

Up $1,096,022 (+9.7%) from 2016

Net Assets

Up

$5,734,176

Up $76,422 (+1.4%) from 2016

Liabilities

Up

$6,710,471

Up $1,019,600 (+18%) from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin57th percentile

Revenue

Down

$425,246

Down $6,254 (-1.4%) from 2016

Expenses

Up

$348,824

Up $84,369 (+32%) from 2016

Net Income

Down

$76,422

Down $90,623 (-54%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2011: $8,159,587Liabilities 2011: $3,606,581Net Assets 2011: $4,553,0062011Assets 2012: $8,654,405Liabilities 2012: $3,810,265Net Assets 2012: $4,844,1402012Assets 2013: $9,035,076Liabilities 2013: $3,894,659Net Assets 2013: $5,140,4172013Assets 2014: $9,503,537Liabilities 2014: $4,146,175Net Assets 2014: $5,357,3622014Assets 2015: $10,634,188Liabilities 2015: $5,143,479Net Assets 2015: $5,490,7092015Assets 2016: $11,348,625Liabilities 2016: $5,690,871Net Assets 2016: $5,657,7542016Assets 2017: $12,444,647Liabilities 2017: $6,710,471Net Assets 2017: $5,734,1762017Assets 2018: $3,448,635Liabilities 2018: $7,715,471Net Assets 2018: -$4,266,8362018Assets 2019: $4,421,825Liabilities 2019: $9,125,845Net Assets 2019: -$4,704,0202019Assets 2020: $4,790,782Liabilities 2020: $9,783,824Net Assets 2020: -$4,993,0422020Assets 2021: $4,748,915Liabilities 2021: $10,040,447Net Assets 2021: -$5,291,5322021Assets 2022: $4,754,865Liabilities 2022: $10,416,372Net Assets 2022: -$5,661,5072022Assets 2023: $4,622,618Liabilities 2023: $10,560,870Net Assets 2023: -$5,938,2522023Assets 2024: $15,672Liabilities 2024: $0Net Assets 2024: $15,6722024

Highlighted filing

2017

Assets$12,444,647
Liabilities$6,710,471
Net Assets$5,734,176
Open 2017 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2011: $445,215Expenses 2011: $152,528Net Income 2011: $292,6872011Revenue 2012: $429,278Expenses 2012: $138,144Net Income 2012: $291,1342012Revenue 2013: $432,799Expenses 2013: $136,522Net Income 2013: $296,2772013Revenue 2014: $433,541Expenses 2014: $216,596Net Income 2014: $216,9452014Revenue 2015: $432,997Expenses 2015: $299,650Net Income 2015: $133,3472015Revenue 2016: $431,500Expenses 2016: $264,455Net Income 2016: $167,0452016Revenue 2017: $425,246Expenses 2017: $348,824Net Income 2017: $76,4222017Revenue 2018: $7,587Expenses 2018: $10,008,599Net Income 2018: -$10,001,0122018Revenue 2019: $6,125Expenses 2019: $443,309Net Income 2019: -$437,1842019Revenue 2020: $3,683Expenses 2020: $292,705Net Income 2020: -$289,0222020Revenue 2021: $5,391Expenses 2021: $303,881Net Income 2021: -$298,4902021Revenue 2022: $3,918Expenses 2022: $373,893Net Income 2022: -$369,9752022Revenue 2023: $3,753Expenses 2023: $280,498Net Income 2023: -$276,7452023Revenue 2024: $8,453,972Expenses 2024: $2,500,048Net Income 2024: $5,953,9242024

Highlighted filing

2017

Revenue$425,246
Expenses$348,824
Net Income$76,422
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$425,246
Mission and Program Overview

Mission

To take and hold any real or personal property, to sell or dispose of any such property, to collect income therefrom, and remit said income less expenditures to the margaret l. Wendt foundation, a related 501(c)(3) entity (private foundation).

The exclusive purpose for which the corporation was formed is to take and hold by bequest, devise, gift, grant, purchase, lease or otherwise any real or personal property, to sell, convey, lease or otherwise dispose of any such property, to collect income therefrom, and remit said income less expenditures to the margaret l. Wendt foundation, a related 501(c)(3) entity (private foundation).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,144,109$2,376,787▲ $232,678
Cash and Non-Interest-Bearing Accounts$20,659$64,003▲ $43,344
Total Assets$11,348,625$12,444,647▲ $1,096,022
Other Assets Total$9,183,857$10,003,857▲ $820,000
Liabilities
Other Liabilities$5,690,871$6,710,471▲ $1,019,600
Total Liabilities$5,690,871$6,710,471▲ $1,019,600
Net Assets / Fund Balance
Unrestricted Net Assets$5,657,754$5,734,176▲ $76,422
Total Net Assets Fund Balance$5,657,754$5,734,176▲ $76,422
Total Liabilities and Net Assets / Fund Balance$11,348,625$12,444,647▲ $1,096,022

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,020,546$204,582$1,225,128
Leasehold Improvements$553,981$347,620$901,601
Other Land Buildings$2,120$747,331$749,451
Equipment$125,695$617,976$743,671
Land$674,445-$674,445
Other Assets Org$10,003,857--
Compensation and Service Providers
Top Officer Pay29th percentile

Board Members and Trustees

NameTitle
Janet L DayTrustee
Robert J KresseTrustee
Thomas D LuntTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$420,000
Investment Income
$4
Other Revenue
$5,242
Change in Net Assets
$76,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$120,140
Fees for Services Legal---$46,802
Other Expenses---$5,368
Total Functional Expenses$0$0$0$348,824
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Foundation$6,708,462
Due to Grove Street Holdings$2,009
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a membership corporation under new york state not for profit corporation law. The margaret l. Wendt foundation is the sole member.”

Form 990, Part VI, Section A, Line 7A

“The organization's sole member, the margaret l. Wendt foundation, has the power to appoint the members of the governing body.”

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

“Management and members of the governing body review a draft copy of form 990 for completeness and accuracy. Once the draft is approved, the returns are finalized, signed by an authorized officer, and sent to the internal revenue service.”

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

“The conflict of interest policy is reviewed annually by the trustees to ensure compliance. All trustees sign the conflict of interest policy each year.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Margaret L Wendt
EIN
16-1479767
Phone
7168552146
Address
40 FOUNTAIN PLAZA NO 277, BUFFALO, NY 14202

Signing Officer

Name
Thomas D Lunt
Title
Trustee
Phone
7168552146
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas D Lunt
Formed
1995
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Chiampou Travis Besaw & Kershner Llp
Address
45 BRYANT WOODS NORTH, AMHERST, NY 14228
Preparer
Cheryl Jankowski
Phone
7166302400
Raw XML Appendix345 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE EXCLUSIVE PURPOSE FOR WHICH THE CORPORATION WAS FORMED IS TO TAKE AND HOLD BY BEQUEST, DEVISE, GIFT, GRANT, PURCHASE, LEASE OR OTHERWISE ANY REAL OR PERSONAL PROPERTY, TO SELL, CONVEY, LEASE OR OTHERWISE DISPOSE OF ANY SUCH PROPERTY, TO COLLECT INCOME THEREFROM, AND REMIT SAID INCOME LESS EXPENDITURES TO THE MARGARET L. WENDT FOUNDATION, A RELATED 501(C)(3) ENTITY (PRIVATE FOUNDATION).
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MR THOMAS D LUNT
IRS990/BooksInCareOfDetail/PhoneNum07168552146
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt040 FOUNTAIN PLAZA
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014202
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt020659
IRS990/CashNonInterestBearingGrp/EOYAmt064003
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04
IRS990/CYOtherExpensesAmt0348824
IRS990/CYOtherRevenueAmt05242
IRS990/CYProgramServiceRevenueAmt0420000
IRS990/CYRevenuesLessExpensesAmt076422
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0348824
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0425246
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0120140
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/TotalAmt046802
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JANET L DAY
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS D LUNT
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT J KRESSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0425246
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01917509
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02144109
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02376787
IRS990/LandBldgEquipCostOrOtherBssAmt04294296
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO TAKE AND HOLD ANY REAL OR PERSONAL PROPERTY, TO SELL OR DISPOSE OF ANY SUCH PROPERTY, TO COLLECT INCOME THEREFROM, AND REMIT SAID INCOME LESS EXPENDITURES TO THE MARGARET L. WENDT FOUNDATION, A RELATED 501(C)(3) ENTITY (PRIVATE FOUNDATION).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05657754
IRS990/NetAssetsOrFundBalancesEOYAmt05734176
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09183857
IRS990/OtherAssetsTotalGrp/EOYAmt010003857
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/TotalAmt094527
IRS990/OtherExpensesGrp/TotalAmt174982
IRS990/OtherExpensesGrp/TotalAmt27005
IRS990/OtherExpensesGrp/TotalAmt35368
IRS990/OtherLiabilitiesGrp/BOYAmt05690871
IRS990/OtherLiabilitiesGrp/EOYAmt06710471
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS D LUNT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0420000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0420000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0264455
IRS990/PYOtherRevenueAmt011500
IRS990/PYProgramServiceRevenueAmt0420000
IRS990/PYRevenuesLessExpensesAmt0167045
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0264455
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0431500
IRS990/ReconcilationRevenueExpnssAmt076422
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt05242
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt05242
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01020546
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0204582
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01225128
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125695
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0617976
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0743671
IRS990ScheduleD/LandGrp/BookValueAmt0674445
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0674445
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0553981
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0347620
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0901601
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010003857
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM GROVE STREET HOLDINGS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02120
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0747331
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0749451
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06708462
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FOUNDATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO GROVE STREET HOLDINGS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02376787
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010003857
IRS990ScheduleD/TotalLiabilityAmt06710471
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A MEMBERSHIP CORPORATION UNDER NEW YORK STATE NOT FOR PROFIT CORPORATION LAW. THE MARGARET L. WENDT FOUNDATION IS THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER, THE MARGARET L. WENDT FOUNDATION, HAS THE POWER TO APPOINT THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT AND MEMBERS OF THE GOVERNING BODY REVIEW A DRAFT COPY OF FORM 990 FOR COMPLETENESS AND ACCURACY. ONCE THE DRAFT IS APPROVED, THE RETURNS ARE FINALIZED, SIGNED BY AN AUTHORIZED OFFICER, AND SENT TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE TRUSTEES TO ENSURE COMPLIANCE. ALL TRUSTEES SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE MARGARET L WENDT FOUNDATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0161481812
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOLDING CO - HOTEL OPERATIONS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GROVE STREET HOLDINGS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0438628
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-1051253
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt040 SOUTH GROVE ST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0EAST AURORA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd014052
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE MARGARET L WENDT FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0166030037
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE GIVING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt040 FOUNTAIN PLAZA SUITE 277
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt06708462
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt110001848
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2420000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE MARGARET L WENDT FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1GROVE STREET HOLDINGS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2GROVE STREET HOLDINGS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011348625
IRS990/TotalAssetsEOYAmt012444647
IRS990/TotalAssetsGrp/BOYAmt011348625
IRS990/TotalAssetsGrp/EOYAmt012444647
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348824
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05690871
IRS990/TotalLiabilitiesEOYAmt06710471
IRS990/TotalLiabilitiesGrp/BOYAmt05690871
IRS990/TotalLiabilitiesGrp/EOYAmt06710471
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05657754
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05734176
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0420000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0425242
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0425246
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011348625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012444647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05657754
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05734176
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt040 FOUNTAIN PLAZA NO 277
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014202
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS D LUNT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07168552146
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARGARET L WENDT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION HOLDINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0MARG
ReturnHeader/Filer/EIN0161479767
ReturnHeader/Filer/PhoneNum07168552146
ReturnHeader/Filer/USAddress/AddressLine1Txt040 FOUNTAIN PLAZA NO 277
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014202
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C5D057A2927932E6C471400DA1799C1CD9286538
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03CAB4B20C9077208CE704FCC9099C88110051BC5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.45.217.66
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:10:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161468002
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHIAMPOU TRAVIS BESAW & KERSHNER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045 BRYANT WOODS NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMHERST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014228
ReturnHeader/PreparerPersonGrp/PhoneNum07166302400
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERYL JANKOWSKI
ReturnHeader/ReturnTs02018-05-14T13:24:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,444,647
Liabilities
$6,710,471
Net assets
$5,734,176
Revenue
$425,246
Expenses
$348,824
Net income
$76,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$8.45$2.50$5.95
2023Detailed filing. Detailed filing data is available for this year.$4.62$10.6$5.94$0.00$0.28$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.75$10.4$5.66$0.00$0.37$0.37
2021Detailed filing. Detailed filing data is available for this year.$4.75$10.0$5.29$0.01$0.30$0.30
2020Detailed filing. Detailed filing data is available for this year.$4.79$9.78$4.99$0.00$0.29$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.42$9.13$4.70$0.01$0.44$0.44
2018Detailed filing. Detailed filing data is available for this year.$3.45$7.72$4.27$0.01$10.0$10.0
2017Detailed filing. Detailed filing data is available for this year.$12.4$6.71$5.73$0.43$0.35$0.08
2016Detailed filing. Detailed filing data is available for this year.$11.3$5.69$5.66$0.43$0.26$0.17
2015Detailed filing. Detailed filing data is available for this year.$10.6$5.14$5.49$0.43$0.30$0.13
2014Summary only. Only limited summary data is available for this year.$9.50$4.15$5.36$0.43$0.22$0.22
2013Summary only. Only limited summary data is available for this year.$9.04$3.89$5.14$0.43$0.14$0.30
2012Summary only. Only limited summary data is available for this year.$8.65$3.81$4.84$0.43$0.14$0.29
2011Summary only. Only limited summary data is available for this year.$8.16$3.61$4.55$0.45$0.15$0.29