Civic Intelligence

Cheektowaga Economic Development Corporation

990 • Fiscal year 2020 • EIN 22-2599466

Apr 01, 2019 to Mar 31, 2020 • Filed on Feb 10, 2021

Organization ProfileWWW.CHEEKTOWAGADEVELOPMENT.COM
275 Alexander AvenueCheektowaga, NY 14211

(716) 897-7200

Siviq Scores

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

Liabilities / Assets

27th percentile

0.05x

Higher debt load relative to assets than 27% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

7.35x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Net Margin

1st percentile

-946%

Higher net margin than 1% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2020 filings • NTEE S • $1M-$5M nonprofits • Source year 2020

Asset Growth

27th percentile

-2.4%

Faster asset growth than 27% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-81%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$1,249,547

Down $30,627 (-2.4%) from 2019

Net Assets

Down

$1,192,444

Down $73,562 (-5.8%) from 2019

Liabilities

Up

$57,103

Up $42,935 (+303%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin1st percentile

Revenue

Down

$7,774

Down $33,975 (-81%) from 2019

Expenses

Down

$81,336

Down $436,296 (-84%) from 2019

Net Income

Up

-$73,562

Up $402,321 (+85%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,071,493Liabilities 2011: $6,025Net Assets 2011: $2,065,4652011Assets 2012: $2,057,053Liabilities 2012: $17,311Net Assets 2012: $2,039,7422012Assets 2013: $2,041,355Liabilities 2013: $10,552Net Assets 2013: $2,030,8032013Assets 2014: $2,011,778Liabilities 2014: $7,567Net Assets 2014: $2,004,2112014Assets 2015: $2,013,320Liabilities 2015: $22,319Net Assets 2015: $1,991,0012015Assets 2016: $2,012,648Liabilities 2016: $16,402Net Assets 2016: $1,996,2462016Assets 2017: $1,839,051Liabilities 2017: $29,907Net Assets 2017: $1,809,1442017Assets 2018: $1,813,678Liabilities 2018: $46,789Net Assets 2018: $1,766,8892018Assets 2019: $1,280,174Liabilities 2019: $14,168Net Assets 2019: $1,266,0062019Assets 2020: $1,249,547Liabilities 2020: $57,103Net Assets 2020: $1,192,4442020Assets 2021: $1,202,109Liabilities 2021: $41,451Net Assets 2021: $1,160,6582021Assets 2022: $1,137,768Liabilities 2022: $11,765Net Assets 2022: $1,126,0032022Assets 2023: $1,105,965Liabilities 2023: $3,605Net Assets 2023: $1,102,3602023Assets 2024: $1,083,476Liabilities 2024: $30,151Net Assets 2024: $1,053,3252024Assets 2025: $959,167Liabilities 2025: $27,454Net Assets 2025: $931,7132025

Highlighted filing

2020

Assets$1,249,547
Liabilities$57,103
Net Assets$1,192,444
Open 2020 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $43,525Expenses 2011: $108,656Net Income 2011: -$65,1312011Expenses 2012: $52,4622012Expenses 2013: $38,7092013Revenue 2014: $18,377Expenses 2014: $44,969Net Income 2014: -$26,5922014Revenue 2015: $14,858Expenses 2015: $28,068Net Income 2015: -$13,2102015Revenue 2016: $24,140Expenses 2016: $18,895Net Income 2016: $5,2452016Revenue 2017: $50,544Expenses 2017: $237,646Net Income 2017: -$187,1022017Revenue 2018: $14,350Expenses 2018: $56,605Net Income 2018: -$42,2552018Revenue 2019: $41,749Expenses 2019: $517,632Net Income 2019: -$475,8832019Revenue 2020: $7,774Expenses 2020: $81,336Net Income 2020: -$73,5622020Revenue 2021: $10,475Expenses 2021: $42,261Net Income 2021: -$31,7862021Revenue 2022: $9,972Expenses 2022: $44,627Net Income 2022: -$34,6552022Revenue 2023: $5,764Expenses 2023: $29,407Net Income 2023: -$23,6432023Revenue 2024: $4,351Expenses 2024: $53,386Net Income 2024: -$49,0352024Revenue 2025: $4,829Expenses 2025: $126,441Net Income 2025: -$121,6122025

Highlighted filing

2020

Revenue$7,774
Expenses$81,336
Net Income-$73,562
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Feb 10, 2021
Return Version
2019v5.2
Gross Receipts
$7,774
Mission and Program Overview

Mission

COMMUNITY DEVELOPMENT

COMMUNITY DEVELOPMENT.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$641,517$599,004▼ $42,513
Other Notes and Loans Receivable, Net$635,529$547,419▼ $88,110
Accounts Receivable$903$100,903▲ $100,000
Cash and Non-Interest-Bearing Accounts$2,225$2,221▼ $4
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,280,174$1,249,547▼ $30,627
Liabilities
Accounts Payable and Accrued Expenses$14,168$57,103▲ $42,935
Total Liabilities$14,168$57,103▲ $42,935
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,266,006$1,192,444▼ $73,562
Total Net Assets Fund Balance$1,266,006$1,192,444▼ $73,562
Total Liabilities and Net Assets / Fund Balance$1,280,174$1,249,547▼ $30,627

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,074$1,074
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
John Redman IiiPresident
Timothy PopielskiVice President
Cheryl MooreDirector
James AntkowiakDirector
Kristina GroffDirector
Paul GildenDirector
Richard CielinskiDirector
Stephen L BojdakDirector
Edward HaladySecretary
Denis SerugendoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,784
Investment Income
$573
Other Revenue
$2,417
Change in Net Assets
$-73,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,774
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,774
Total Revenue per Form 990
$7,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,775
Salaries, Compensation, and Employee Benefits$16,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,561--$16,561
Fees for Services Other$10,979$4,500-$15,479
Fees for Services Legal-$6,954-$6,954
Fees for Services Accounting-$1,800-$1,800
Conferences and Meetings$592--$592
Advertising$492--$492
Other Expenses$8,391$225-$225
Total Functional Expenses$67,247$14,089$0$81,336

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$81,336
Total Expenses per Audited Statements$81,336
Total Expenses per Form 990$81,336
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by the treasurer and the board president.”

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

“If a director has an actual or potential conflict, or the appearance of a potential conflict, that director will abstain from voting on any resolution involving the actual or potential conflict.”

Form 990, Part VI, Section C, Line 19

“Documents are available on organization's website.”

Filing and Contact Details

Filer

Filer Name
Cheektowaga Economic Development
EIN
22-2599466
Phone
7168977200
Address
275 ALEXANDER AVENUE, CHEEKTOWAGA, NY 14211

Signing Officer

Name
Kristina Groff
Title
President
Phone
7168977200
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristina Groff
Formed
1983
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Audit fees: program service expenses 0. Management and general expenses 4,500. Fundraising expenses 0. Total expenses 4,500. Consulting fees: program service expenses 10,979. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,979.”

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended march 31, 2020.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue 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 AppendixShowing 400 of 465 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/BOYAmt014168
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057103
IRS990/AccountsReceivableGrp/BOYAmt0903
IRS990/AccountsReceivableGrp/EOYAmt0100903
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COMMUNITY DEVELOPMENT.
IRS990/AdvertisingGrp/ProgramServicesAmt0492
IRS990/AdvertisingGrp/TotalAmt0492
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEROME J GABRYSZAK
IRS990/BooksInCareOfDetail/PhoneNum07168977200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0275 ALEXANDER AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHEEKTOWAGA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014211
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02225
IRS990/CashNonInterestBearingGrp/EOYAmt02221
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0592
IRS990/ConferencesMeetingsGrp/TotalAmt0592
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0573
IRS990/CYOtherExpensesAmt064775
IRS990/CYOtherRevenueAmt02417
IRS990/CYProgramServiceRevenueAmt04784
IRS990/CYRevenuesLessExpensesAmt0-73562
IRS990/CYSalariesCompEmpBnftPaidAmt016561
IRS990/CYTotalExpensesAmt081336
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07774
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO FOSTER AND PROMOTE ECONOMIC DEVELOPMENT AND THE CREATION AND PRESERVATION OF EMPLOYMENT OPPORTUNITIES WITHIN THE TOWN OF CHEEKTOWAGA IN ORDER TO STRENGTHEN AND EXPAND THE TOWN'S TAX BASE, PROVIDE ECONOMIC OPPORTUNITY FOR ALL PERSONS AND IMPROVE THE QUALITY OF LIFE IN THE TOWN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt067247
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01800
IRS990/FeesForServicesAccountingGrp/TotalAmt01800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06954
IRS990/FeesForServicesLegalGrp/TotalAmt06954
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010979
IRS990/FeesForServicesOtherGrp/TotalAmt015479
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
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/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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN REDMAN III
IRS990/Form990PartVIISectionAGrp/PersonNm1TIMOTHY POPIELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2DENIS SERUGENDO
IRS990/Form990PartVIISectionAGrp/PersonNm3EDWARD HALADY
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES ANTKOWIAK
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN L BOJDAK
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD CIELINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL GILDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8KRISTINA GROFF
IRS990/Form990PartVIISectionAGrp/PersonNm9CHERYL MOORE
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/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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07774
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0573
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0573
IRS990/InvestmentInJointVentureInd01
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01074
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt01074
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMUNITY DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01266006
IRS990/NetAssetsOrFundBalancesEOYAmt01192444
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01266006
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01192444
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM INCOME RECAPTUR
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2BANK SERVICES CHARGES
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0610
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1225
IRS990/OtherExpensesGrp/ProgramServicesAmt030232
IRS990/OtherExpensesGrp/ProgramServicesAmt18391
IRS990/OtherExpensesGrp/TotalAmt030232
IRS990/OtherExpensesGrp/TotalAmt18391
IRS990/OtherExpensesGrp/TotalAmt2610
IRS990/OtherExpensesGrp/TotalAmt3225
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02417
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02417
IRS990/OtherRevenueTotalAmt02417
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016561
IRS990/OtherSalariesAndWagesGrp/TotalAmt016561
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0635529
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0547419
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KRISTINA GROFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0926110
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04784
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0393
IRS990/PYOtherExpensesAmt0500131
IRS990/PYOtherRevenueAmt01469
IRS990/PYProgramServiceRevenueAmt039887
IRS990/PYRevenuesLessExpensesAmt0-475883
IRS990/PYSalariesCompEmpBnftPaidAmt017501
IRS990/PYTotalExpensesAmt0517632
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt041749
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-73562
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04784
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0641517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0599004
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0573
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0393
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0436
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02194
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt039887
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0107150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0573
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0393
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0436
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02194
IRS990ScheduleA/InvestmentIncomeCYPct00.01580
IRS990ScheduleA/InvestmentIncomePYPct00.01350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02417
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01469
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05323
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06674
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013330
IRS990ScheduleA/OtherIncome509Grp/TotalAmt029213
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77330
IRS990ScheduleA/PublicSupportPY509Pct00.80280
IRS990ScheduleA/PublicSupportTotal509Amt0107150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt039887
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08591
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043110
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010778
IRS990ScheduleA/Total509Grp/TotalAmt0107150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt041749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt050544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024140
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0138557
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01074
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt081336
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07774
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE 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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt081336
IRS990ScheduleD/TotalRevenuePerForm990Amt07774
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07774
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt081336
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER AND THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IF A DIRECTOR HAS AN ACTUAL OR POTENTIAL CONFLICT, OR THE APPEARANCE OF A POTENTIAL CONFLICT, THAT DIRECTOR WILL ABSTAIN FROM VOTING ON ANY RESOLUTION INVOLVING THE ACTUAL OR POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE ON ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AUDIT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,500. CONSULTING FEES: PROGRAM SERVICE EXPENSES 10,979. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,979.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED MARCH 31, 2020.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0166367332
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0DEVELOPMENT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0WALDEN COMMERCE EXCHANGE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0WALDEN AVENUE WEST
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd014225
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TOWN OF CHEEKTOWAGA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0166002209
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0IRC SEC 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOCAL GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0BROADWAY UNION ROADS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHEEKTOWAGA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014227
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01280174
IRS990/TotalAssetsEOYAmt01249547
IRS990/TotalAssetsGrp/BOYAmt01280174
IRS990/TotalAssetsGrp/EOYAmt01249547
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,249,547
Liabilities
$57,103
Net assets
$1,192,444
Revenue
$7,774
Expenses
$81,336
Net income
-$73,562
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.96$0.03$0.93$0.00$0.13$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.03$1.05$0.00$0.05$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.10$0.01$0.03$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.01$1.13$0.01$0.04$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.04$1.16$0.01$0.04$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.06$1.19$0.01$0.08$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.01$1.27$0.04$0.52$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.05$1.77$0.01$0.06$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.03$1.81$0.05$0.24$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.02$2.00$0.02$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.02$1.99$0.01$0.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.01$2.00$0.02$0.04$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.01$2.03$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.02$2.04$0.05
2011Summary only. Only limited summary data is available for this year.$2.07$0.01$2.07$0.04$0.11$0.07