Civic Intelligence

417 Housing Development Fund Company

EIN 83-2798323 • 501(c)3 • Buffalo, NY

Profile

To provide housing accomodations for persons and families of low income in the city of buffalo, new york.

429 Plymouth Avenue Ste 1Buffalo, NY 14213

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.06x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

43.13x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-143%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$87,988

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 159.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,246,038

Down $79,195 (-3.4%) from 2023

Liabilities

Down

$2,383,650

Down $70 (-0.0%) from 2023

Net Assets

Down

-$137,612

Down $79,125 (-135%) from 2023

Revenue

Down

$55,270

Down $40,504 (-42%) from 2023

Expenses

Down

$134,395

Down $48,300 (-26%) from 2023

Net Income

Up

-$79,125

Up $7,796 (+9.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2020: $1,712,242Liabilities 2020: $1,712,448Net Assets 2020: -$2062020Assets 2021: $2,078,738Liabilities 2021: $2,078,991Net Assets 2021: -$2532021Assets 2022: $2,409,833Liabilities 2022: $2,381,399Net Assets 2022: $28,4342022Assets 2023: $2,325,233Liabilities 2023: $2,383,720Net Assets 2023: -$58,4872023Assets 2024: $2,246,038Liabilities 2024: $2,383,650Net Assets 2024: -$137,6122024

Highlighted filing

2024

Assets$2,246,038
Liabilities$2,383,650
Net Assets-$137,612

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $206Net Income 2020: -$2062020Revenue 2021: $1Expenses 2021: $48Net Income 2021: -$472021Revenue 2022: $160,274Expenses 2022: $131,587Net Income 2022: $28,6872022Revenue 2023: $95,774Expenses 2023: $182,695Net Income 2023: -$86,9212023Revenue 2024: $55,270Expenses 2024: $134,395Net Income 2024: -$79,1252024

Highlighted filing

2024

Revenue$55,270
Expenses$134,395
Net Income-$79,125

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 20, 2025
Return Version
2024v5.1
Gross Receipts
$55,270
Mission and Program Overview

Mission

To provide housing accomodations for persons and families of low income in the city of buffalo, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,271,346$2,193,924▼ $77,422
Cash and Non-Interest-Bearing Accounts$18,905$5,402▼ $13,503
Prepaid Expenses and Deferred Charges$2,929$3,106▲ $177
Accounts Receivable$6,038$1▼ $6,037
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-58,487$-137,612▼ $79,125
Total Assets$2,325,233$2,246,038▼ $79,195
Other Assets Total$26,015$43,605▲ $17,590
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,279,532$2,279,532→ $0
Other Liabilities$103,624$104,118▲ $494
Accounts Payable and Accrued Expenses$564$0▼ $564
Total Liabilities$2,383,720$2,383,650▼ $70
Net Assets / Fund Balance
Total Net Assets Fund Balance$-58,487$-137,612▼ $79,125
Total Liabilities and Net Assets / Fund Balance$2,325,233$2,246,038▼ $79,195

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,886,077$152,925$2,039,002
Land$246,000-$246,000
Other Land Buildings$61,847$79,341$141,188
Compensation and Service Providers

Employees

NameTitleOtherTotal
Dawn Wells-clyburnExecutive Director$87,988$87,988

Board Members and Trustees

NameTitle
Robert JahnkePresident
Ramone AlexanderSecretary
Jim AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$55,270
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-79,125

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,270
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$55,270
Total Revenue per Form 990
$55,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,395
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$77,993--$77,993
Occupancy$10,544--$10,544
Fees for Services Other$9,683--$9,683
Insurance$9,169--$9,169
Fees for Services Management$3,939--$3,939
Interest$3,092--$3,092
Other Expenses$147--$147
Total Functional Expenses$134,395$0$0$134,395

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$134,395
Total Expenses per Audited Statements$134,395
Total Expenses per Form 990$134,395
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
Development Fee Payable$109,388
Tenant Security Deposits$6,925
Accrued Interest$3,092
Prepaid Rent$48
Deferred Financing$-15,335
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The company has entered into a management agreement with its sole member company, bnsc. The agreement provides for a management fee of up to 6.5% of collected rents from the project. It covers administrative expenses related to the project that are incurred by push. The management fee expense for the year ending december 31, 2024 was 6.5% of collected rental income in 2024.

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

Line 7a explanation - the sole member corporation in 417 housing development fund company inc is buffalo neighborhood stabiliation company, inc. (bnsc). These entities are also related through common board members and bnsc staff. The organization is governed by a three-member board of directors elected by the bnsc board of directors. Ny housing trust fund has the power to appoint a majority of the board of directors if they deem a grant or loan is in jeopardy.

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

Line 11a explanation - the draft form 990 is reviewed in detail by the finance committee of people united for sustainable housing,(push) the organization's indirect parent. The treasurer of the push board of directors oversees the non attest services provided by the auditors, including preparation of form 990. The audit committee of push reviews all required schedules and compares the financial data to the audited financial statements and underlying supporting information.

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

The organization has a written conflict of interest policy that is monitored by the board and reviewed annually. Conflict of interest statements are reviewed by a board member for propriety on an annual basis.

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

Officers and key employees are not compensated by the organization.

Form 990, Part VI, Section C, Line 19

Governing documents are available to the public upon request and through the ny attorney general's website.

Filing and Contact Details

Filer

Filer Name
417 Housing Development Fund Company
EIN
83-2798323
Phone
7168840356
Address
429 PLYMOUTH AVENUE STE 1, BUFFALO, NY 14213

Signing Officer

Name
Dawn Wells-clyburn
Title
Vice President
Phone
7168840356
Signed
2025-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Wells-clyburn
Formed
2018
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Flaherty Salmin Llp
Address
2300 BUFFALO RD BLDG 200, ROCHESTER, NY 14624
Preparer
Dale Rowland CPA
Phone
5852790120
Raw XML AppendixShowing 400 of 492 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/BOYAmt0564
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt06038
IRS990/AccountsReceivableGrp/EOYAmt01
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME IN THE CITY OF BUFFALO, NEW YORK.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAWN WELLS-CLYBURN
IRS990/BooksInCareOfDetail/PhoneNum07168840356
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0429 PLYMOUTH AVE STE 1
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014213
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt018905
IRS990/CashNonInterestBearingGrp/EOYAmt05402
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0134395
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt055270
IRS990/CYRevenuesLessExpensesAmt0-79125
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0134395
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt055270
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt077993
IRS990/DepreciationDepletionGrp/TotalAmt077993
IRS990/Desc0TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME, WHICH HOUSING ACCOMODATIONS INCLUDE 9 LOW-INCOME RESIDENTIAL UNITS AND 1 COMMERCIAL UNIT, LOCATED IN THE CITY OF BUFFALO, NEW YORK.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0134395
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03939
IRS990/FeesForServicesManagementGrp/TotalAmt03939
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09683
IRS990/FeesForServicesOtherGrp/TotalAmt09683
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT JAHNKE
IRS990/Form990PartVIISectionAGrp/PersonNm1RAMONE ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3DAWN WELLS-CLYBURN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt387988
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt055270
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09169
IRS990/InsuranceGrp/TotalAmt09169
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt03092
IRS990/InterestGrp/TotalAmt03092
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0232266
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02271346
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02193924
IRS990/LandBldgEquipCostOrOtherBssAmt02426190
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME IN THE CITY OF BUFFALO, NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02279532
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02279532
IRS990/NetAssetsOrFundBalancesBOYAmt0-58487
IRS990/NetAssetsOrFundBalancesEOYAmt0-137612
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt010544
IRS990/OccupancyGrp/TotalAmt010544
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt026015
IRS990/OtherAssetsTotalGrp/EOYAmt043605
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROPERTY STABILIZATION
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2TELEPHONE, INTERNET & I
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt016180
IRS990/OtherExpensesGrp/ProgramServicesAmt12398
IRS990/OtherExpensesGrp/ProgramServicesAmt21250
IRS990/OtherExpensesGrp/ProgramServicesAmt3147
IRS990/OtherExpensesGrp/TotalAmt016180
IRS990/OtherExpensesGrp/TotalAmt12398
IRS990/OtherExpensesGrp/TotalAmt21250
IRS990/OtherExpensesGrp/TotalAmt3147
IRS990/OtherLiabilitiesGrp/BOYAmt0103624
IRS990/OtherLiabilitiesGrp/EOYAmt0104118
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02929
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03106
IRS990/PrincipalOfficerNm0DAWN WELLS-CLYBURN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055270
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022499
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0182695
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt073275
IRS990/PYRevenuesLessExpensesAmt0-86921
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0182695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt095774
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-79125
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt055270
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-58487
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-137612
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022499
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0122499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt055270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt073275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt060274
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0188819
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0257676
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt017142
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt023100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt013400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt053642
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt017142
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt023100
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt013400
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt053642
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt055270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0160274
IRS990ScheduleA/Total509Grp/TotalAmt0311318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt055270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160274
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0311318
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01886077
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0152925
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02039002
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0134395
IRS990ScheduleD/LandGrp/BookValueAmt0246000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0246000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt061847
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt079341
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0141188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03092
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-15335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2109388
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt46925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED FINANCING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEVELOPMENT FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt055270
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02193924
IRS990ScheduleD/TotalExpensesPerForm990Amt0134395
IRS990ScheduleD/TotalLiabilityAmt0104118
IRS990ScheduleD/TotalRevenuePerForm990Amt055270
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt055270
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0134395
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPANY HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH ITS SOLE MEMBER COMPANY, BNSC. THE AGREEMENT PROVIDES FOR A MANAGEMENT FEE OF UP TO 6.5% OF COLLECTED RENTS FROM THE PROJECT. IT COVERS ADMINISTRATIVE EXPENSES RELATED TO THE PROJECT THAT ARE INCURRED BY PUSH. THE MANAGEMENT FEE EXPENSE FOR THE YEAR ENDING DECEMBER 31, 2024 WAS 6.5% OF COLLECTED RENTAL INCOME IN 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 7A EXPLANATION - THE SOLE MEMBER CORPORATION IN 417 HOUSING DEVELOPMENT FUND COMPANY INC IS BUFFALO NEIGHBORHOOD STABILIATION COMPANY, INC. (BNSC). THESE ENTITIES ARE ALSO RELATED THROUGH COMMON BOARD MEMBERS AND BNSC STAFF. THE ORGANIZATION IS GOVERNED BY A THREE-MEMBER BOARD OF DIRECTORS ELECTED BY THE BNSC BOARD OF DIRECTORS. NY HOUSING TRUST FUND HAS THE POWER TO APPOINT A MAJORITY OF THE BOARD OF DIRECTORS IF THEY DEEM A GRANT OR LOAN IS IN JEOPARDY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11A EXPLANATION - THE DRAFT FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE OF PEOPLE UNITED FOR SUSTAINABLE HOUSING,(PUSH) THE ORGANIZATION'S INDIRECT PARENT. THE TREASURER OF THE PUSH BOARD OF DIRECTORS OVERSEES THE NON ATTEST SERVICES PROVIDED BY THE AUDITORS, INCLUDING PREPARATION OF FORM 990. THE AUDIT COMMITTEE OF PUSH REVIEWS ALL REQUIRED SCHEDULES AND COMPARES THE FINANCIAL DATA TO THE AUDITED FINANCIAL STATEMENTS AND UNDERLYING SUPPORTING INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS MONITORED BY THE BOARD AND REVIEWED ANNUALLY. CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY A BOARD MEMBER FOR PROPRIETY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH THE NY ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0320501086
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1811965501
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2871355486
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1REAL ESTATE RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2REAL ESTATE RENTAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0S77 MM LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1PUSH GRO INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2WS HOMES MM LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt2429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd014213
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd114213
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd214213
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0813422188
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1871364681
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0REAL ESTATE RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1REAL ESTATE RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0S77 LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1WEST SIDE HOMES LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1BUFFALO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd014213
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd114213
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0PEOPLE UNITED FOR SUSTAINABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1PEOPLE UNITED FOR SUSTAINABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2PEOPLE UNITED FOR SUSTAINABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PEOPLE UNITED FOR SUSTAINABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BUFFALO NEIGHBORHOOD STABILIZATION CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2MASSACHUSETTS AVENUE SUSTAINABLE HOME HOUSING DEVELOPMENT FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MASSACHUSETTS AVENUE HOUSING DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0203558447
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1270580274
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2463864309
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3272382090
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING DEVELOPMENT AND OUTREACH PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING DEVELOPMENT MANAGING VACANT PROP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HOUSING DEVELOPMENT AND OUTREACH PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3429 PLYMOUTH AVENUE STE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014213
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd114213
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd214213
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd314213
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.