Civic Intelligence

Buffalo Place Inc

990 • Fiscal year 2014 • EIN 23-7363788

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 04, 2015

Organization ProfileWWW.BUFFALOPLACE.COM

View Organization Page

671 Main StreetBuffalo, NY 14203

(716) 856-3150

Siviq Scores

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

Liabilities / Assets

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.14x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

95th percentile

$134,162

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Asset Growth

72nd percentile

8.3%

Faster asset growth than 72% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-73%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$91,894

Up $7,044 (+8.3%) from 2013

Net Assets

Up

$4,005

Up $206,765 (+102%) from 2013

Liabilities

Down

$87,889

Down $199,721 (-69%) from 2013

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin62nd percentile

Revenue

Down

$649,076

Down $1,730,801 (-73%) from 2013

Expenses

Down

$578,278

Down $2,117,380 (-79%) from 2013

Net Income

Up

$70,798

Up $386,579 (+122%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $209,816Liabilities 2011: $3,499,642Net Assets 2011: -$3,289,8262011Assets 2012: $207,685Liabilities 2012: $94,664Net Assets 2012: $113,0212012Assets 2013: $84,850Liabilities 2013: $287,610Net Assets 2013: -$202,7602013Assets 2014: $91,894Liabilities 2014: $87,889Net Assets 2014: $4,0052014Assets 2015: $158,710Liabilities 2015: $479,037Net Assets 2015: -$320,3272015Assets 2016: $269,414Liabilities 2016: $688,441Net Assets 2016: -$419,0272016Assets 2017: $423,458Liabilities 2017: $868,487Net Assets 2017: -$445,0292017Assets 2018: $196,407Liabilities 2018: $682,814Net Assets 2018: -$486,4072018Assets 2019: $72,951Liabilities 2019: $645,831Net Assets 2019: -$572,8802019Assets 2020: $597,570Liabilities 2020: $1,543,230Net Assets 2020: -$945,6602020Assets 2021: $767,256Liabilities 2021: $2,051,828Net Assets 2021: -$1,284,5722021Assets 2022: $443,053Liabilities 2022: $1,626,049Net Assets 2022: -$1,182,9962022Assets 2023: $657,304Liabilities 2023: $168,469Net Assets 2023: $488,8352023Assets 2024: $774,405Liabilities 2024: $72,520Net Assets 2024: $701,8852024

Highlighted filing

2014

Assets$91,894
Liabilities$87,889
Net Assets$4,005
Open 2014 Filing

Operations Trend

Revenue Growth1st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,638,6552011Expenses 2012: $2,987,4692012Revenue 2013: $2,379,877Expenses 2013: $2,695,658Net Income 2013: -$315,7812013Revenue 2014: $649,076Expenses 2014: $578,278Net Income 2014: $70,7982014Revenue 2015: $634,056Expenses 2015: $739,186Net Income 2015: -$105,1302015Revenue 2016: $672,402Expenses 2016: $905,637Net Income 2016: -$233,2352016Revenue 2017: $676,359Expenses 2017: $936,088Net Income 2017: -$259,7292017Revenue 2018: $722,002Expenses 2018: $991,358Net Income 2018: -$269,3562018Revenue 2019: $767,454Expenses 2019: $1,100,785Net Income 2019: -$333,3312019Revenue 2020: $622,845Expenses 2020: $933,770Net Income 2020: -$310,9252020Revenue 2021: $714,511Expenses 2021: $1,053,423Net Income 2021: -$338,9122021Revenue 2022: $759,178Expenses 2022: $1,195,626Net Income 2022: -$436,4482022Revenue 2023: $874,155Expenses 2023: $820,671Net Income 2023: $53,4842023Revenue 2024: $1,231,881Expenses 2024: $1,018,831Net Income 2024: $213,0502024

Highlighted filing

2014

Revenue$649,076
Expenses$578,278
Net Income$70,798
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 4, 2015
Return Version
2014v5.0
Gross Receipts
$649,076
Mission and Program Overview

Mission

Downtown revitalization of buffalo, new york

Downtown revitalization, buffalo, ny

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,673$32,314▲ $8,641
Prepaid Expenses and Deferred Charges$8,699$30,559▲ $21,860
Land, Buildings, and Equipment, Net$16,934$26,277▲ $9,343
Savings and Temporary Cash Investments$35,492$2,744▼ $32,748
Accounts Receivable$52--
Total Assets$84,850$91,894▲ $7,044
Liabilities
Unsecured Notes Loans Payable$90,000$80,000▼ $10,000
Other Liabilities$31,084$0▼ $31,084
Accounts Payable and Accrued Expenses$164,526$7,889▼ $156,637
Deferred Revenue$2,000--
Total Liabilities$287,610$87,889▼ $199,721
Net Assets / Fund Balance
Unrestricted Net Assets$-202,760$4,005▲ $206,765
Total Net Assets Fund Balance$-202,760$4,005▲ $206,765
Total Liabilities and Net Assets / Fund Balance$84,850$91,894▲ $7,044

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,047$246,582$270,629
Leasehold Improvements$1,262$122,575$123,837
Other Land Buildings$968$69,598$70,566
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael T SchmandExec Director & VPFT$126,895$7,267$134,162
W Morgan SmithAsst Secretary--$78,829$78,829

Board Members and Trustees

NameTitle
Keith M BelangerChairman
Anthony J Colucci IiiPresident & V. Chair
Steven J CarminaVice President
Carl P PaladinoDirector
Commissioner Maria R WhyteDirector
Hon Barbara Miller-williamsDirector
Hon Byron BrownDirector
Hon Darius G PridgenDirector
John R KoelmelDirector
Mark F ZeisDirector
Michael P HughesDirector
Paul F CiminelliDirector
Paul L Snyder IiiDirector
Rocco TerminiDirector
James F FortonCounsel
Christopher L JacobsSecretary
Barbara a DannerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$85,000
Program Service Revenue
$564,007
Investment Income
$3
Other Revenue
$66
All Other Contributions
$85,000
Change in Net Assets
$70,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,445
Other Expenses$249,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,685$73,026-$152,711
Current Officers, Directors, Trustees, and Key Employees$70,156$64,006-$134,162
Occupancy$26,999$41,077-$68,076
Payroll Taxes$14,848$10,978-$25,826
All Other Expenses$9,237$7,127-$16,364
Fees for Services Other$4,358$6,631-$10,989
Insurance$3,828$5,824-$9,652
Other Employee Benefits$5,114$4,312-$9,426
Depreciation Depletion$8,931--$8,931
Interest$2,665$4,055-$6,720
Pension Plan Contributions$3,540$2,780-$6,320
Other Expenses$2,148$3,268-$5,416
Office Expenses$1,982$3,016-$4,998
Fees for Services Legal$1,378$2,097-$3,475
Conferences and Meetings$405$616-$1,021
Travel$170$258-$428
Advertising$245--$245
Total Functional Expenses$338,627$239,651$0$578,278
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Review conducted by officers and directors”

Form 990, Part VI, Section B, Line 15A

“The board determines and approves compensation”

Form 990, Part VI, Section C, Line 19

“Available upon request by the public”

Filing and Contact Details

Filer

Filer Name
Buffalo Place Inc
EIN
23-7363788
Phone
7168563150
Address
671 MAIN STREET, BUFFALO, NY 14203

Signing Officer

Name
Keith M Belanger
Title
Chairman
Phone
7168563150
Signed
2015-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith M Belanger
Formed
1985
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
29
Volunteers
0

Preparer

Firm
Toski & Co Cpas Pc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN MBA MST
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990 PART XII LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2014.”

Financial Statement Notes

PART X, LINE 2:

“Buffalo place, inc. Is exempt from income taxes under section 501(c)(4) of the internal revenue code (the code) and buffalo place foundation is exempt from income taxes under section 501(c)(3) of the code. The organization has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The organization 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 organization has taken no uncertain tax positions that require adjustment in the combined financial statements. Therefore, no provision for income taxes is reflected in the combined financial statements. There was no unrelated business income for 2014 and 2013. U.s. Forms 990 filed by the organization are subject to examination by taxing authorities. The organization is no longer subject to tax examination for the year ended december 31, 2010, and prior.”

Raw XML AppendixShowing 400 of 531 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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & V. CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXEC DIR & VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0649076
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05824
IRS990/InsuranceGrp/ProgramServicesAmt03828
IRS990/InsuranceGrp/TotalAmt09652
IRS990/InterestGrp/ManagementAndGeneralAmt04055
IRS990/InterestGrp/ProgramServicesAmt02665
IRS990/InterestGrp/TotalAmt06720
IRS990/InvestmentIncomeGrp/ExclusionAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0438755
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016934
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026277
IRS990/LandBldgEquipCostOrOtherBssAmt0465032
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DOWNTOWN REVITALIZATION, BUFFALO, NY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-202760
IRS990/NetAssetsOrFundBalancesEOYAmt04005
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041077
IRS990/OccupancyGrp/ProgramServicesAmt026999
IRS990/OccupancyGrp/TotalAmt068076
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03016
IRS990/OfficeExpensesGrp/ProgramServicesAmt01982
IRS990/OfficeExpensesGrp/TotalAmt04998
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04312
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05114
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09426
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS PROGRAMS
IRS990/OtherExpensesGrp/Desc1TELEPHONE/INTERNET
IRS990/OtherExpensesGrp/Desc2EQUIPMENT MAINTENANCE
IRS990/OtherExpensesGrp/Desc3ERIE COUNTY ADMIN. FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06316
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14264
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23268
IRS990/OtherExpensesGrp/ProgramServicesAmt095983
IRS990/OtherExpensesGrp/ProgramServicesAmt14152
IRS990/OtherExpensesGrp/ProgramServicesAmt22803
IRS990/OtherExpensesGrp/ProgramServicesAmt32148
IRS990/OtherExpensesGrp/TotalAmt095983
IRS990/OtherExpensesGrp/TotalAmt110468
IRS990/OtherExpensesGrp/TotalAmt27067
IRS990/OtherExpensesGrp/TotalAmt35416
IRS990/OtherLiabilitiesGrp/BOYAmt031084
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt066
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt066
IRS990/OtherRevenueTotalAmt066
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt073026
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079685
IRS990/OtherSalariesAndWagesGrp/TotalAmt0152711
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010978
IRS990/PayrollTaxesGrp/ProgramServicesAmt014848
IRS990/PayrollTaxesGrp/TotalAmt025826
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02780
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03540
IRS990/PensionPlanContributionsGrp/TotalAmt06320
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08699
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030559
IRS990/PrincipalOfficerNm0KEITH M BELANGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561700
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/Desc0DISTRICT ASSESSMENT
IRS990/ProgramServiceRevenueGrp/Desc1PROMOTIONAL/SPEC.EVENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0485555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0485555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178452
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0550363
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt02258988
IRS990/PYOtherRevenueAmt01477
IRS990/PYProgramServiceRevenueAmt01828034
IRS990/PYRevenuesLessExpensesAmt0-315781
IRS990/PYSalariesCompEmpBnftPaidAmt0436670
IRS990/PYTotalExpensesAmt02695658
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02379877
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt070798
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0564007
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035492
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02744
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt024047
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0246582
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0270629
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01262
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0122575
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0123837
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0968
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069598
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070566
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BUFFALO PLACE, INC. IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (THE CODE) AND BUFFALO PLACE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION 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 ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN THE COMBINED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE COMBINED FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME FOR 2014 AND 2013. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEAR ENDED DECEMBER 31, 2010, AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,894
Liabilities
$87,889
Net assets
$4,005
Revenue
$649,076
Expenses
$578,278
Net income
$70,798
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.07$0.70$1.23$1.02$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.17$0.49$0.87$0.82$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.44$1.63$1.18$0.76$1.20$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.77$2.05$1.28$0.71$1.05$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.60$1.54$0.95$0.62$0.93$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.65$0.57$0.77$1.10$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.68$0.49$0.72$0.99$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.87$0.45$0.68$0.94$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.69$0.42$0.67$0.91$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.48$0.32$0.63$0.74$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.00$0.65$0.58$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.29$0.20$2.38$2.70$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.09$0.11$2.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$3.50$3.29$2.64