Civic Intelligence

1490 Estates Housing Development Fund Corp

990 • Fiscal year 2016 • EIN 16-1498651

Jan 01, 2016 to Dec 31, 2016 • Filed on May 25, 2017

Organization ProfileN/A
215 BroadwayBuffalo, NY 14204

(716) 881-6654

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

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

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

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

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

23rd percentile

-4.4%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

43rd percentile

0.3%

Faster revenue growth than 43% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$2,304,342

Down $106,073 (-4.4%) from 2015

Net Assets

Down

$2,277,206

Down $97,337 (-4.1%) from 2015

Liabilities

Down

$27,136

Down $8,736 (-24%) from 2015

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin11th percentile

Revenue

Up

$335,010

Up $1,062 (+0.3%) from 2015

Expenses

Down

$432,347

Down $19,659 (-4.3%) from 2015

Net Income

Up

-$97,337

Up $20,721 (+18%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,899,657Liabilities 2011: $32,281Net Assets 2011: $2,867,3762011Assets 2012: $2,763,942Liabilities 2012: $29,749Net Assets 2012: $2,734,1932012Assets 2013: $2,653,601Liabilities 2013: $30,096Net Assets 2013: $2,623,5052013Assets 2014: $2,530,290Liabilities 2014: $37,689Net Assets 2014: $2,492,6012014Assets 2015: $2,410,415Liabilities 2015: $35,872Net Assets 2015: $2,374,5432015Assets 2016: $2,304,342Liabilities 2016: $27,136Net Assets 2016: $2,277,2062016Assets 2017: $2,229,028Liabilities 2017: $25,546Net Assets 2017: $2,203,4822017Assets 2018: $2,106,933Liabilities 2018: $31,663Net Assets 2018: $2,075,2702018Assets 2019: $1,961,063Liabilities 2019: $31,752Net Assets 2019: $1,929,3112019Assets 2020: $1,833,707Liabilities 2020: $54,764Net Assets 2020: $1,778,9432020Assets 2021: $1,659,830Liabilities 2021: $86,540Net Assets 2021: $1,573,2902021Assets 2022: $1,388,346Liabilities 2022: $148,689Net Assets 2022: $1,239,6572022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$2,304,342
Liabilities$27,136
Net Assets$2,277,206
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.0M$500K$0-$500KExpenses 2011: $437,1122011Expenses 2012: $467,2572012Revenue 2013: $329,506Expenses 2013: $440,194Net Income 2013: -$110,6882013Revenue 2014: $332,985Expenses 2014: $463,889Net Income 2014: -$130,9042014Revenue 2015: $333,948Expenses 2015: $452,006Net Income 2015: -$118,0582015Revenue 2016: $335,010Expenses 2016: $432,347Net Income 2016: -$97,3372016Revenue 2017: $367,910Expenses 2017: $441,634Net Income 2017: -$73,7242017Revenue 2018: $384,071Expenses 2018: $512,283Net Income 2018: -$128,2122018Revenue 2019: $386,256Expenses 2019: $532,215Net Income 2019: -$145,9592019Revenue 2020: $388,054Expenses 2020: $538,422Net Income 2020: -$150,3682020Revenue 2021: $388,914Expenses 2021: $594,567Net Income 2021: -$205,6532021Revenue 2022: $405,830Expenses 2022: $739,463Net Income 2022: -$333,6332022Revenue 2023: $931,822Expenses 2023: $563,540Net Income 2023: $368,2822023

Highlighted filing

2016

Revenue$335,010
Expenses$432,347
Net Income-$97,337
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 25, 2017
Return Version
2016v3.0
Gross Receipts
$335,010
Mission and Program Overview

Mission

Provide housing for low income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,889,010$1,733,546▼ $155,464
Cash and Non-Interest-Bearing Accounts$2,340$15,207▲ $12,867
Prepaid Expenses and Deferred Charges$9,326$2,830▼ $6,496
Savings and Temporary Cash Investments-$1,201-
Total Assets$2,410,415$2,304,342▼ $106,073
Other Assets Total$509,739$551,558▲ $41,819
Liabilities
Other Liabilities$14,796$14,618▼ $178
Accounts Payable and Accrued Expenses$21,076$12,518▼ $8,558
Total Liabilities$35,872$27,136▼ $8,736
Net Assets / Fund Balance
Unrestricted Net Assets$2,374,543$2,277,206▼ $97,337
Total Net Assets Fund Balance$2,374,543$2,277,206▼ $97,337
Total Liabilities and Net Assets / Fund Balance$2,410,415$2,304,342▼ $106,073

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,689,288$2,775,558$4,464,846
Other Land Buildings$582$44,736$45,318
Land$43,405-$43,405
Equipment$271$11,667$11,938
Other Assets Org$54,018--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Herbert Bellamy JrActing President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$328,346
Investment Income
$1,214
Other Revenue
$5,450
Change in Net Assets
$-97,337

Audited Revenue Reconciliation

Revenue per Audited Statements
$335,010
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$335,010
Total Revenue per Form 990
$335,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,074
Salaries, Compensation, and Employee Benefits$99,273
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$155,464--$155,464
Other Salaries and Wages$56,067$22,090-$78,157
Fees for Services Other$46,338$6,050-$52,388
Occupancy$40,482--$40,482
Fees for Services Management-$37,629-$37,629
Insurance$16,491--$16,491
Payroll Taxes$9,570$3,771-$13,341
Other Employee Benefits$5,578$2,197-$7,775
Office Expenses-$6,934-$6,934
All Other Expenses$65$3,429-$3,494
Other Expenses$575$678-$1,253
Advertising-$353-$353
Total Functional Expenses$349,216$83,131$0$432,347

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$432,347
Total Expenses per Audited Statements$432,347
Total Expenses per Form 990$432,347
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$14,618
Governance and Compliance

Governance Checklist

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

“Property management services are provided by belmont management company. All wages and benefits reported are reimbursements for services provided to 1490 estates by employees of belmont management.”

Form 990, Part VI, Section A, Line 8A

“NO MEETINGS IN 2016.”

Form 990, Part VI, Section A, Line 8B

“NO COMMITTEES.”

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

“Reviewed by management agent and directors.”

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

“Voluntary disclosure required.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
1490 Estates Housing Development Fund
EIN
16-1498651
Phone
7168816654
Address
215 BROADWAY, BUFFALO, NY 14204

Signing Officer

Name
Herbert Bellamy Jr
Title
President
Phone
7168816654
Signed
2017-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herbert Bellamy Jr
Formed
1996
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Maintenance contracts: program service expenses 46,338. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,338. Audit expense: program service expenses 0. Management and general expenses 6,050. Fundraising expenses 0. Total expenses 6,050.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal 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 corporation has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The corporation 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 corporation has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the corporation are subject to examination by taxing authorities.”

Raw XML Appendix400 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021076
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012518
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY PERSONS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0353
IRS990/AdvertisingGrp/TotalAmt0353
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03429
IRS990/AllOtherExpensesGrp/ProgramServicesAmt065
IRS990/AllOtherExpensesGrp/TotalAmt03494
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BELMONT MANAGEMENT CO INC
IRS990/BooksInCareOfDetail/PhoneNum07168541251
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0215 BROADWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014204
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02340
IRS990/CashNonInterestBearingGrp/EOYAmt015207
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/CYInvestmentIncomeAmt01214
IRS990/CYOtherExpensesAmt0333074
IRS990/CYOtherRevenueAmt05450
IRS990/CYProgramServiceRevenueAmt0328346
IRS990/CYRevenuesLessExpensesAmt0-97337
IRS990/CYSalariesCompEmpBnftPaidAmt099273
IRS990/CYTotalExpensesAmt0432347
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0335010
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0155464
IRS990/DepreciationDepletionGrp/TotalAmt0155464
IRS990/Desc0THE COMPANY OPERATES A HUD REGULATED HOUSING PROJECT FOR LOW INCOME ELDERLY PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0349216
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt037629
IRS990/FeesForServicesManagementGrp/TotalAmt037629
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06050
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt046338
IRS990/FeesForServicesOtherGrp/TotalAmt052388
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0HERBERT BELLAMY JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0ACTING PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0335010
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt016491
IRS990/InsuranceGrp/TotalAmt016491
IRS990/InvestmentIncomeGrp/ExclusionAmt01214
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01214
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02831961
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01889010
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01733546
IRS990/LandBldgEquipCostOrOtherBssAmt04565507
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02374543
IRS990/NetAssetsOrFundBalancesEOYAmt02277206
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt040482
IRS990/OccupancyGrp/TotalAmt040482
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06934
IRS990/OfficeExpensesGrp/TotalAmt06934
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0509739
IRS990/OtherAssetsTotalGrp/EOYAmt0551558
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02197
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05578
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07775
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1GARBAGE & TRASH REMOVAL
IRS990/OtherExpensesGrp/Desc2SNOW REMOVAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0678
IRS990/OtherExpensesGrp/ProgramServicesAmt011010
IRS990/OtherExpensesGrp/ProgramServicesAmt15326
IRS990/OtherExpensesGrp/ProgramServicesAmt22250
IRS990/OtherExpensesGrp/ProgramServicesAmt3575
IRS990/OtherExpensesGrp/TotalAmt011010
IRS990/OtherExpensesGrp/TotalAmt15326
IRS990/OtherExpensesGrp/TotalAmt22250
IRS990/OtherExpensesGrp/TotalAmt31253
IRS990/OtherLiabilitiesGrp/BOYAmt014796
IRS990/OtherLiabilitiesGrp/EOYAmt014618
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt05450
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05450
IRS990/OtherRevenueTotalAmt05450
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022090
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt056067
IRS990/OtherSalariesAndWagesGrp/TotalAmt078157
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03771
IRS990/PayrollTaxesGrp/ProgramServicesAmt09570
IRS990/PayrollTaxesGrp/TotalAmt013341
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09326
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02830
IRS990/PrincipalOfficerNm0HERBERT BELLAMY JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162571
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162571
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0244
IRS990/PYOtherExpensesAmt0347055
IRS990/PYOtherRevenueAmt04772
IRS990/PYProgramServiceRevenueAmt0328932
IRS990/PYRevenuesLessExpensesAmt0-118058
IRS990/PYSalariesCompEmpBnftPaidAmt0104951
IRS990/PYTotalExpensesAmt0452006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0333948
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-97337
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0328346
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01201
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0172851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0176553
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0179932
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0529336
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01214
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0244
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0238
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0415
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0526
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02637
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0328346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0328932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0154956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0147876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0147766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01107876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01214
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0238
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0526
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02637
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05450
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04772
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04940
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04662
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05850
IRS990ScheduleA/OtherIncome509Grp/TotalAmt025674
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98300
IRS990ScheduleA/PublicSupportPY509Pct00.98320
IRS990ScheduleA/PublicSupportTotal509Amt01637212
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0328346
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0328932
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0327807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0324429
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0327698
IRS990ScheduleA/Total509Grp/TotalAmt01637212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0335010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0333948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0332985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0329506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0334074
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01665523
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01689288
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02775558
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04464846
IRS990ScheduleD/EquipmentGrp/BookValueAmt0271
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011667
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011938
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0432347
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt043405
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043405
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014618
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17070
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2475852
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt354018
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0582
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044736
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045318
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014618
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0335010
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL 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 CORPORATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE CORPORATION 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 CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01733546
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0551558
IRS990ScheduleD/TotalExpensesPerForm990Amt0432347
IRS990ScheduleD/TotalLiabilityAmt014618
IRS990ScheduleD/TotalRevenuePerForm990Amt0335010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0335010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0432347
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPERTY MANAGEMENT SERVICES ARE PROVIDED BY BELMONT MANAGEMENT COMPANY. ALL WAGES AND BENEFITS REPORTED ARE REIMBURSEMENTS FOR SERVICES PROVIDED TO 1490 ESTATES BY EMPLOYEES OF BELMONT MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO MEETINGS IN 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY MANAGEMENT AGENT AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VOLUNTARY DISCLOSURE REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 46,338. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,338. AUDIT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,050.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02410415
IRS990/TotalAssetsEOYAmt02304342
IRS990/TotalAssetsGrp/BOYAmt02410415
IRS990/TotalAssetsGrp/EOYAmt02304342
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083131
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349216
IRS990/TotalFunctionalExpensesGrp/TotalAmt0432347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035872
IRS990/TotalLiabilitiesEOYAmt027136
IRS990/TotalLiabilitiesGrp/BOYAmt035872
IRS990/TotalLiabilitiesGrp/EOYAmt027136
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02374543
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02277206
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0349216
IRS990/TotalProgramServiceRevenueAmt0328346
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06664
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0328346
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0335010
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02410415
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02304342
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02374543
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02277206
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0215 BROADWAY
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014204
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HERBERT BELLAMY JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07168816654
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt01490 ESTATES HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt01490
ReturnHeader/Filer/EIN0161498651
ReturnHeader/Filer/PhoneNum07168816654
ReturnHeader/Filer/USAddress/AddressLine1Txt0215 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04999E2CC8EE598A59BAB8702820BA509205D07A3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.97.247.231
ReturnHeader/FilingSecurityInformation/IPDt02017-05-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:54:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474526160
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EFPR GROUP CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06390 MAIN STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014221
ReturnHeader/PreparerPersonGrp/PhoneNum07166340700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN T O'BRIEN
ReturnHeader/ReturnTs02017-06-07T08:24:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,304,342
Liabilities
$27,136
Net assets
$2,277,206
Revenue
$335,010
Expenses
$432,347
Net income
-$97,337
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.93$0.56$0.37
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.15$1.24$0.41$0.74$0.33
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.09$1.57$0.39$0.59$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.83$0.05$1.78$0.39$0.54$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.96$0.03$1.93$0.39$0.53$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.11$0.03$2.08$0.38$0.51$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.03$2.20$0.37$0.44$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.30$0.03$2.28$0.34$0.43$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.41$0.04$2.37$0.33$0.45$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.53$0.04$2.49$0.33$0.46$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.65$0.03$2.62$0.33$0.44$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.03$2.73$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.03$2.87$0.44