Housing Development Corporation Of Western New York in Buffalo, New York (NY)

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Housing Development Corporation Of Western New York
Employer Identification Number (EIN)161014305
Name of OrganizationHousing Development Corporation Of Western New York
Address470 Franklin Street, Buffalo, NY 14202-1375
ActivitiesInstruction and guidance on housing, Other activity aimed t combating community deterioration
SubsectionCivic League
Ruling Date06/1975
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,049,148
Amount of Income$155,422
Form 990 Revenue Amount$47,543


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$47,543
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$12,589
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$31,836
Gross rents (Real / Personal)$139,715 / $0
Less: rental expenses (Real / Personal)$107,879 / $0
Rental income or (loss) (Real / Personal)$31,836 / $0
Net gain from sales of assets other than inventory$3,118
Gross amount from sales of assets other than inventory (Securities / Other)$3,118 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$3,118 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$5,000
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$5,000
Balance Sheet (for 2012)
Total assets$1,049,148
Total liabilities$13,178
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$13,178
Total net assets or fund balances$1,035,970
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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