Civic Intelligence

Buffalo Mercy Housing Development Fund Company Inc.

990 • Fiscal year 2015 • EIN 22-2810656

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization ProfileN/A
565 Abbott RoadBuffalo, NY 14220

(716) 884-7791

Siviq Scores

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

Liabilities / Assets

95th percentile

2.45x

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

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

3.78x

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

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Net Margin

43rd percentile

-3.0%

Higher net margin than 43% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2015 filings • NTEE L • <$500k nonprofits • Source year 2015

Asset Growth

26th percentile

-8.1%

Faster asset growth than 26% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

40th percentile

-2.9%

Faster revenue growth than 40% of similar nonprofits.

2015 filings • NTEE L • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$481,729

Down $42,384 (-8.1%) from 2014

Net Assets

Down

-$698,762

Down $9,332 (-1.4%) from 2014

Liabilities

Down

$1,180,491

Down $33,052 (-2.7%) from 2014

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin43rd percentile

Revenue

Down

$312,085

Down $9,483 (-2.9%) from 2014

Expenses

Down

$321,417

Down $19,784 (-5.8%) from 2014

Net Income

Up

-$9,332

Up $10,301 (+52%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $666,800Liabilities 2011: $1,299,008Net Assets 2011: -$632,2082011Assets 2012: $672,113Liabilities 2012: $1,319,999Net Assets 2012: -$647,8862012Assets 2013: $571,532Liabilities 2013: $1,241,329Net Assets 2013: -$669,7972013Assets 2014: $524,113Liabilities 2014: $1,213,543Net Assets 2014: -$689,4302014Assets 2015: $481,729Liabilities 2015: $1,180,491Net Assets 2015: -$698,7622015Assets 2016: $434,656Liabilities 2016: $1,127,009Net Assets 2016: -$692,3532016Assets 2017: $421,510Liabilities 2017: $1,083,638Net Assets 2017: -$662,1282017Assets 2018: $430,118Liabilities 2018: $1,043,665Net Assets 2018: -$613,5472018Assets 2019: $435,610Liabilities 2019: $995,243Net Assets 2019: -$559,6332019Assets 2020: $459,927Liabilities 2020: $926,690Net Assets 2020: -$466,7632020Assets 2021: $2,172,245Liabilities 2021: $2,667,106Net Assets 2021: -$494,8612021Assets 2022: $2,067,957Liabilities 2022: $2,599,333Net Assets 2022: -$531,3762022Assets 2023: $1,976,995Liabilities 2023: $2,496,167Net Assets 2023: -$519,1722023Assets 2024: $1,917,021Liabilities 2024: $2,422,418Net Assets 2024: -$505,3972024

Highlighted filing

2015

Assets$481,729
Liabilities$1,180,491
Net Assets-$698,762
Open 2015 Filing

Operations Trend

Revenue Growth40th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $320,8292011Expenses 2012: $336,6142012Revenue 2013: $319,957Expenses 2013: $341,868Net Income 2013: -$21,9112013Revenue 2014: $321,568Expenses 2014: $341,201Net Income 2014: -$19,6332014Revenue 2015: $312,085Expenses 2015: $321,417Net Income 2015: -$9,3322015Revenue 2016: $318,332Expenses 2016: $311,923Net Income 2016: $6,4092016Revenue 2017: $322,404Expenses 2017: $292,179Net Income 2017: $30,2252017Revenue 2018: $329,794Expenses 2018: $281,213Net Income 2018: $48,5812018Revenue 2019: $338,909Expenses 2019: $284,995Net Income 2019: $53,9142019Revenue 2020: $361,568Expenses 2020: $268,698Net Income 2020: $92,8702020Revenue 2021: $315,141Expenses 2021: $343,239Net Income 2021: -$28,0982021Revenue 2022: $292,212Expenses 2022: $328,727Net Income 2022: -$36,5152022Revenue 2023: $339,655Expenses 2023: $327,451Net Income 2023: $12,2042023Revenue 2024: $351,345Expenses 2024: $337,570Net Income 2024: $13,7752024

Highlighted filing

2015

Revenue$312,085
Expenses$321,417
Net Income-$9,332
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$312,085
Mission and Program Overview

Mission

Buffalo mercy housing development fund company, inc. Was formed to acquire an interest in real property located in buffalo, new york and construct and operate thereon an apartment complex of 32 units for elderly or handicapped residents, under section 202 of the housing act of 1959.

Buffalo mercy housing development fund comapny, inc. Was formed to aquire an interest in real property located in buffalo, new york and construct and operate thereon an apartment complex of 32 units for elderly or handicapped residents, under section 202 of the housing act of 1959.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$413,327$355,080▼ $58,247
Accounts Receivable$20,216$1,510▼ $18,706
Prepaid Expenses and Deferred Charges$926$892▼ $34
Cash and Non-Interest-Bearing Accounts$28,150$75▼ $28,075
Total Assets$524,113$481,729▼ $42,384
Other Assets Total$61,494$124,172▲ $62,678
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,180,031$1,142,187▼ $37,844
Accounts Payable and Accrued Expenses$24,254$28,365▲ $4,111
Other Liabilities$9,258$9,939▲ $681
Total Liabilities$1,213,543$1,180,491▼ $33,052
Net Assets / Fund Balance
Unrestricted Net Assets$-689,430$-698,762▼ $9,332
Total Net Assets Fund Balance$-689,430$-698,762▼ $9,332
Total Liabilities and Net Assets / Fund Balance$524,113$481,729▼ $42,384

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,421$1,471,124$1,650,545
Land$170,000-$170,000
Leasehold Improvements$1,694$72,162$73,856
Other Land Buildings$2,158$70,398$72,556
Equipment$1,807$62,188$63,995
Other Assets Org$2,772--
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Rev Msgr Robert ZapfelPresident
Dennis C WalczykDirector
James Biddle SrDirector
Mark SullivanDirector
Sister Mary Anne Weldon RsmDirector
Sister Sally MaloneyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$303,446
Investment Income
$26
Other Revenue
$8,613
Change in Net Assets
$-9,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$312,085
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$312,085
Total Revenue per Form 990
$312,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$279,785
Salaries, Compensation, and Employee Benefits$41,632
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$104,383--$104,383
Depreciation Depletion$59,232--$59,232
Other Salaries and Wages$18,333$14,954-$33,287
Occupancy$22,328--$22,328
All Other Expenses$15,455$1,804-$17,259
Fees for Services Management-$16,508-$16,508
Insurance$8,184--$8,184
Office Expenses-$6,068-$6,068
Other Employee Benefits$3,120$2,545-$5,665
Fees for Services Other-$5,575-$5,575
Other Expenses$4,835$9,363-$4,835
Payroll Taxes$1,476$1,204-$2,680
Fees for Services Legal-$1,741-$1,741
Fees for Services Accounting-$1,286-$1,286
Advertising-$1,115-$1,115
Total Functional Expenses$249,577$71,840$0$321,417

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$321,417
Total Expenses per Audited Statements$321,417
Total Expenses per Form 990$321,417
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$6,935
Prepaid Rents$3,004
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Belmont housing resources for wny, is the management agent responsible for day-to-day operations involving tenant selection and application process required by hud, all management related matters including general maintenance and repairs, administrative, personnel administration, rent collection and lease enforcement, accounting services, marketing, and community relations, as outlined in the management agreement. Employee hiring, supervision, and terminations are the responsibility of belmont housing resources for wny as managing agent.”

Form 990, Part VI, Section B, Line 11

“No review was or will be conducted”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Buffalo Mercy Housing Dev Fund Co Inc
EIN
22-2810656
Phone
7168847791
Address
565 ABBOTT ROAD, BUFFALO, NY 14220

Signing Officer

Name
Michael Riegel
Title
President, Managing Agent
Phone
7168847791
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Msgr Robert Zapfel
Formed
1987
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
Debra M Zevetchin
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2015.”

Financial Statement Notes

PART X, LINE 2:

“The company is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The company has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The company presently discloses or recognizes income tax position based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the company has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the company are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 445 raw XML fields

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

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0223491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt179955
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0232033
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt028
IRS990/PYOtherExpensesAmt0286644
IRS990/PYOtherRevenueAmt08909
IRS990/PYProgramServiceRevenueAmt080598
IRS990/PYRevenuesLessExpensesAmt0-19633
IRS990/PYSalariesCompEmpBnftPaidAmt054557
IRS990/PYTotalExpensesAmt0341201
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0321568
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9332
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0303446
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0232033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0228404
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0237918
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0240345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0938700
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0201
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0451
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0303446
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt080598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt080948
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt071865
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt072350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0609207
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0451
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08613
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08909
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010566
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010996
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010844
IRS990ScheduleA/OtherIncome509Grp/TotalAmt049928
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96850
IRS990ScheduleA/PublicSupportTotal509Amt01547907
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0303446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0312631
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0309352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0309783
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0312695
IRS990ScheduleA/Total509Grp/TotalAmt01547907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0312085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0321568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0319957
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0320936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0323740
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01598286
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0179421
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01471124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01650545
IRS990ScheduleD/EquipmentGrp/BookValueAmt01807
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063995
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0321417
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0170000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0170000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01694
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt072162
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt073856
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06935
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt199
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2114366
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32772
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OPERATING RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02158
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070398
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13004
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0312085
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0355080
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0124172
IRS990ScheduleD/TotalExpensesPerForm990Amt0321417
IRS990ScheduleD/TotalLiabilityAmt09939
IRS990ScheduleD/TotalRevenuePerForm990Amt0312085
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0312085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0321417
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BELMONT HOUSING RESOURCES FOR WNY, IS THE MANAGEMENT AGENT RESPONSIBLE FOR DAY-TO-DAY OPERATIONS INVOLVING TENANT SELECTION AND APPLICATION PROCESS REQUIRED BY HUD, ALL MANAGEMENT RELATED MATTERS INCLUDING GENERAL MAINTENANCE AND REPAIRS, ADMINISTRATIVE, PERSONNEL ADMINISTRATION, RENT COLLECTION AND LEASE ENFORCEMENT, ACCOUNTING SERVICES, MARKETING, AND COMMUNITY RELATIONS, AS OUTLINED IN THE MANAGEMENT AGREEMENT. EMPLOYEE HIRING, SUPERVISION, AND TERMINATIONS ARE THE RESPONSIBILITY OF BELMONT HOUSING RESOURCES FOR WNY AS MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0524113
IRS990/TotalAssetsEOYAmt0481729
IRS990/TotalAssetsGrp/BOYAmt0524113
IRS990/TotalAssetsGrp/EOYAmt0481729
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071840
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249577
IRS990/TotalFunctionalExpensesGrp/TotalAmt0321417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01213543
IRS990/TotalLiabilitiesEOYAmt01180491
IRS990/TotalLiabilitiesGrp/BOYAmt01213543
IRS990/TotalLiabilitiesGrp/EOYAmt01180491
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-689430
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-698762
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0249577
IRS990/TotalProgramServiceRevenueAmt0303446
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08639
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0303446
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0312085
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$481,729
Liabilities
$1,180,491
Net assets
-$698,762
Revenue
$312,085
Expenses
$321,417
Net income
-$9,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$2.42$0.51$0.35$0.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.98$2.50$0.52$0.34$0.33$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.07$2.60$0.53$0.29$0.33$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.17$2.67$0.49$0.32$0.34$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.93$0.47$0.36$0.27$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.44$1.00$0.56$0.34$0.28$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.43$1.04$0.61$0.33$0.28$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.42$1.08$0.66$0.32$0.29$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.43$1.13$0.69$0.32$0.31$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.48$1.18$0.70$0.31$0.32$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.52$1.21$0.69$0.32$0.34$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.57$1.24$0.67$0.32$0.34$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.32$0.65$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.30$0.63$0.32