Civic Intelligence

Main Ferry Housing Development Fund Company Inc.

990 • Fiscal year 2019 • EIN 27-2066321

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 24, 2020

Organization ProfileN/A
1542 Main StreetBuffalo, NY 14209

(716) 854-1400

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.74x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

21.38x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-149%

Higher net margin than 6% of similar nonprofits.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$78,664

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 112.7% of source-year revenue.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2019

Asset Growth

19th percentile

-4.8%

Faster asset growth than 19% of similar nonprofits.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

10%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$2,022,767

Down $101,234 (-4.8%) from 2018

Net Assets

Down

$531,007

Down $104,126 (-16%) from 2018

Liabilities

Up

$1,491,760

Up $2,892 (+0.2%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin6th percentile

Revenue

Up

$69,771

Up $6,565 (+10%) from 2018

Expenses

Down

$173,897

Down $7,476 (-4.1%) from 2018

Net Income

Up

-$104,126

Up $14,041 (+12%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2016: $2,347,050Liabilities 2016: $1,486,384Net Assets 2016: $860,6662016Assets 2017: $2,240,506Liabilities 2017: $1,487,206Net Assets 2017: $753,3002017Assets 2018: $2,124,001Liabilities 2018: $1,488,868Net Assets 2018: $635,1332018Assets 2019: $2,022,767Liabilities 2019: $1,491,760Net Assets 2019: $531,0072019Assets 2020: $1,922,873Liabilities 2020: $1,490,017Net Assets 2020: $432,8562020Assets 2021: $1,838,497Liabilities 2021: $1,495,182Net Assets 2021: $343,3152021Assets 2022: $1,752,203Liabilities 2022: $1,493,075Net Assets 2022: $259,1282022Assets 2023: $1,626,975Liabilities 2023: $1,508,867Net Assets 2023: $118,1082023Assets 2024: $1,508,407Liabilities 2024: $1,556,182Net Assets 2024: -$47,7752024

Highlighted filing

2019

Assets$2,022,767
Liabilities$1,491,760
Net Assets$531,007
Open 2019 Filing

Operations Trend

Revenue Growth78th percentile

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

$400K$200K$0-$200KRevenue 2016: $60,963Expenses 2016: $162,300Net Income 2016: -$101,3372016Revenue 2017: $59,841Expenses 2017: $167,207Net Income 2017: -$107,3662017Revenue 2018: $63,206Expenses 2018: $181,373Net Income 2018: -$118,1672018Revenue 2019: $69,771Expenses 2019: $173,897Net Income 2019: -$104,1262019Revenue 2020: $65,409Expenses 2020: $163,560Net Income 2020: -$98,1512020Revenue 2021: $66,136Expenses 2021: $155,677Net Income 2021: -$89,5412021Revenue 2022: $75,794Expenses 2022: $159,981Net Income 2022: -$84,1872022Revenue 2023: $67,543Expenses 2023: $208,563Net Income 2023: -$141,0202023Revenue 2024: $72,018Expenses 2024: $237,901Net Income 2024: -$165,8832024

Highlighted filing

2019

Revenue$69,771
Expenses$173,897
Net Income-$104,126
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 24, 2020
Return Version
2019v5.1
Gross Receipts
$69,771
Mission and Program Overview

Mission

The company was organized exclusively for the charitable purpose of owning, organizing, managing, maintaining, developing and operating on a non-profit basis a residential housing rental project for persons of low income and to provide offices for a non-profit civil rights organization.

The company was incorporated pursuant to article xi of the private housing finance law and section 402 of the not-for-profit corporation law exclusively for the charitable purpose of owning, organizing, managing, maintaining, developing and operating, on a non-profit basis, a residential housing rental project for persons of low income and to provide offices for a non-profit civil rights organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,055,826$1,942,130▼ $113,696
Cash and Non-Interest-Bearing Accounts$2,126$7,133▲ $5,007
Prepaid Expenses and Deferred Charges$3,447$3,822▲ $375
Accounts Receivable$1,726$1,760▲ $34
Total Assets$2,124,001$2,022,767▼ $101,234
Other Assets Total$60,876$67,922▲ $7,046
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,482,134$1,482,134→ $0
Accounts Payable and Accrued Expenses$2,942$5,198▲ $2,256
Other Liabilities$3,792$4,428▲ $636
Total Liabilities$1,488,868$1,491,760▲ $2,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$635,133$531,007▼ $104,126
Total Net Assets Fund Balance$635,133$531,007▼ $104,126
Total Liabilities and Net Assets / Fund Balance$2,124,001$2,022,767▼ $101,234

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,818,423$616,803$2,435,226
Other Land Buildings$104,535$85,529$190,064
Equipment$422$85,509$85,931
Land$18,750-$18,750
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Deanna EasonPresidentPT$78,664$78,664

Board Members and Trustees

NameTitle
Nancy BlaschakVice President
Philippe DetervilleDirector
Dr Howard HitzelSecretary
Leslie VishwanathTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$69,710
Investment Income
$61
Other Revenue
$0
Change in Net Assets
$-104,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$69,771
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$69,771
Total Revenue per Form 990
$69,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$97,779$15,917-$113,696
Occupancy$30,202--$30,202
Fees for Services Management$10,757$370-$11,127
Insurance$10,650--$10,650
Fees for Services Accounting$2,881$469-$3,350
Office Expenses$1,594$259-$1,853
Other Expenses$745$121-$866
Information Technology$484$79-$563
Fees for Services Legal$344$56-$400
Advertising$55--$55
Total Functional Expenses$156,626$17,271$0$173,897

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$173,897
Total Expenses per Audited Statements$173,897
Total Expenses per Form 990$173,897
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Deanna EasonOfficer of Both Organizations.See Schedule R, Part V.No$1,482,134
Deanna EasonOfficer of Both Organizations.See Schedule R, Part V.No$6,325
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TENANTS' SECURITY DEPOSITS$3,853
Deferred Revenue$575
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
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The board of directors employs delta development of western new york, inc. To manage the operating activities of the company. However, all activities of the organization are subject to approval by the state of new york housing trust fund corporation.”

Form 990, Part VI, Section A, Line 6

“Housing opportunities made equal, inc., a domestic corporation exempt from taxes under section 501(c)(3) of the internal revenue code, is the sole member of the corporation.”

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

“The company's sole member appoints the governing body.”

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

“The corporation's administrative and operating activities are governed by a regulatory agreement with the state of new york housing trust fund corporation.”

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

“Form 990 is reviewed and approved by the president and the treasurer prior to filing and is made available to all board members after filing.”

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

“Board of director members are required to disclose any potential conflicts of interest on an annual basis or as situations arise.”

Form 990, Part VI, Section C, Line 19

“The corporation's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Main-ferry Housing Development Fund
EIN
27-2066321
Phone
7168541400
Address
1542 MAIN STREET, BUFFALO, NY 14209

Signing Officer

Name
Deanna Eason
Title
President
Phone
7168541400
Signed
2020-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deanna Eason
Formed
2010
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Tette Ingersoll & Co Cpas Pc
Address
36 NIAGARA STREET, TONAWANDA, NY 14150
Preparer
Jason J Mayausky CPA
Phone
7166940336
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year”

Financial Statement Notes

PART X, LINE 2:

“The company 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 of the company has concluded that the company has taken no uncertain tax positions that require adjustment in its financial statements. Tax returns filed by the company are subject to examination by taxing authorities generally for a period of three years after they were filed.”

Raw XML AppendixShowing 400 of 466 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/BOYAmt02942
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05198
IRS990/AccountsReceivableGrp/BOYAmt01726
IRS990/AccountsReceivableGrp/EOYAmt01760
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE COMPANY WAS INCORPORATED PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW AND SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, ORGANIZING, MANAGING, MAINTAINING, DEVELOPING AND OPERATING, ON A NON-PROFIT BASIS, A RESIDENTIAL HOUSING RENTAL PROJECT FOR PERSONS OF LOW INCOME AND TO PROVIDE OFFICES FOR A NON-PROFIT CIVIL RIGHTS ORGANIZATION.
IRS990/AdvertisingGrp/ProgramServicesAmt055
IRS990/AdvertisingGrp/TotalAmt055
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARGARET GILLIG
IRS990/BooksInCareOfDetail/PhoneNum07168471635
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0525 WASHINGTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014203
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02126
IRS990/CashNonInterestBearingGrp/EOYAmt07133
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/CYInvestmentIncomeAmt061
IRS990/CYOtherExpensesAmt0173897
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt069710
IRS990/CYRevenuesLessExpensesAmt0-104126
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0173897
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt069771
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt015917
IRS990/DepreciationDepletionGrp/ProgramServicesAmt097779
IRS990/DepreciationDepletionGrp/TotalAmt0113696
IRS990/Desc0PROVIDED 10 UNITS OF AFFORDABLE HOUSING TO PERSONS OF LOW INCOME AND ALSO PROVIDED OFFICE SPACE TO A NONPROFIT ORGANIZATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0156626
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0469
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02881
IRS990/FeesForServicesAccountingGrp/TotalAmt03350
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt056
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0344
IRS990/FeesForServicesLegalGrp/TotalAmt0400
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0370
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt010757
IRS990/FeesForServicesManagementGrp/TotalAmt011127
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0DEANNA EASON
IRS990/Form990PartVIISectionAGrp/PersonNm1NANCY BLASCHAK
IRS990/Form990PartVIISectionAGrp/PersonNm2DR HOWARD HITZEL
IRS990/Form990PartVIISectionAGrp/PersonNm3PHILIPPE DETERVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm4LESLIE VISHWANATH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt078664
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt069771
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt079
IRS990/InformationTechnologyGrp/ProgramServicesAmt0484
IRS990/InformationTechnologyGrp/TotalAmt0563
IRS990/InsuranceGrp/ProgramServicesAmt010650
IRS990/InsuranceGrp/TotalAmt010650
IRS990/InvestmentIncomeGrp/ExclusionAmt061
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0787841
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02055826
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01942130
IRS990/LandBldgEquipCostOrOtherBssAmt02729971
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE COMPANY WAS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, ORGANIZING, MANAGING, MAINTAINING, DEVELOPING AND OPERATING ON A NON-PROFIT BASIS A RESIDENTIAL HOUSING RENTAL PROJECT FOR PERSONS OF LOW INCOME AND TO PROVIDE OFFICES FOR A NON-PROFIT CIVIL RIGHTS ORGANIZATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01482134
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01482134
IRS990/NetAssetsOrFundBalancesBOYAmt0635133
IRS990/NetAssetsOrFundBalancesEOYAmt0531007
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0635133
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0531007
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt030202
IRS990/OccupancyGrp/TotalAmt030202
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0259
IRS990/OfficeExpensesGrp/ProgramServicesAmt01594
IRS990/OfficeExpensesGrp/TotalAmt01853
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt060876
IRS990/OtherAssetsTotalGrp/EOYAmt067922
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0121
IRS990/OtherExpensesGrp/ProgramServicesAmt01135
IRS990/OtherExpensesGrp/ProgramServicesAmt1745
IRS990/OtherExpensesGrp/TotalAmt01135
IRS990/OtherExpensesGrp/TotalAmt1866
IRS990/OtherLiabilitiesGrp/BOYAmt03792
IRS990/OtherLiabilitiesGrp/EOYAmt04428
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03447
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03822
IRS990/PrincipalOfficerNm0DEANNA EASON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc1CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2COMMERCIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS TENANT C
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt054056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26325
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3282
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt447
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt052
IRS990/PYOtherExpensesAmt0181373
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt063154
IRS990/PYRevenuesLessExpensesAmt0-118167
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0181373
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt063206
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-104126
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt069710
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt069710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt063154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059799
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt060930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt061555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0315148
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0151
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt0315148
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt069710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt059799
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt061555
IRS990ScheduleA/Total509Grp/TotalAmt0315148
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt069710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt063206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt059841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt060963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt061579
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0315299
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01818423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0616803
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02435226
IRS990ScheduleD/EquipmentGrp/BookValueAmt0422
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085509
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt085931
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0173897
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt018750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt018750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0104535
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt085529
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0190064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt069771
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY 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 OF THE COMPANY HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. TAX RETURNS FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01942130
IRS990ScheduleD/TotalExpensesPerForm990Amt0173897
IRS990ScheduleD/TotalLiabilityAmt04428
IRS990ScheduleD/TotalRevenuePerForm990Amt069771
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt069771
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0173897
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DEANNA EASON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1DEANNA EASON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER OF BOTH ORGANIZATIONS.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER OF BOTH ORGANIZATIONS.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06325
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt11482134
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE SCHEDULE R, PART V.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SEE SCHEDULE R, PART V.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS EMPLOYS DELTA DEVELOPMENT OF WESTERN NEW YORK, INC. TO MANAGE THE OPERATING ACTIVITIES OF THE COMPANY. HOWEVER, ALL ACTIVITIES OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE STATE OF NEW YORK HOUSING TRUST FUND CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOUSING OPPORTUNITIES MADE EQUAL, INC., A DOMESTIC CORPORATION EXEMPT FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS THE SOLE MEMBER OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPANY'S SOLE MEMBER APPOINTS THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION'S ADMINISTRATIVE AND OPERATING ACTIVITIES ARE GOVERNED BY A REGULATORY AGREEMENT WITH THE STATE OF NEW YORK HOUSING TRUST FUND CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND THE TREASURER PRIOR TO FILING AND IS MADE AVAILABLE TO ALL BOARD MEMBERS AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTOR MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS OR AS SITUATIONS ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CORPORATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES MADE EQUAL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0166061434
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING CIVIL RIGHTS ADVOCACY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01542 MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014209
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt06325
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11482134
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES MADE EQUAL INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOUSING OPPORTUNITIES MADE EQUAL INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
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/TotalAssetsBOYAmt02124001
IRS990/TotalAssetsEOYAmt02022767
IRS990/TotalAssetsGrp/BOYAmt02124001
IRS990/TotalAssetsGrp/EOYAmt02022767
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017271
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0156626
IRS990/TotalFunctionalExpensesGrp/TotalAmt0173897
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,022,767
Liabilities
$1,491,760
Net assets
$531,007
Revenue
$69,771
Expenses
$173,897
Net income
-$104,126
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.56$0.05$0.07$0.24$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.63$1.51$0.12$0.07$0.21$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.75$1.49$0.26$0.08$0.16$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.84$1.50$0.34$0.07$0.16$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.92$1.49$0.43$0.07$0.16$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.02$1.49$0.53$0.07$0.17$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.12$1.49$0.64$0.06$0.18$0.12
2017Detailed filing. Detailed filing data is available for this year.$2.24$1.49$0.75$0.06$0.17$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.35$1.49$0.86$0.06$0.16$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits