2025-01-13T09:22:49-06:00 2024-09-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-10-01 161542259 158 CHENANGO STREET HOUSING DEVELOPMENT FUND COMPANY INC 158C 7168471635 525 WASHINGTON STREET BUFFALO NY 14203 DEACON STEVE SCHUMER PRESIDENT 7168471635 2025-01-13 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-01-13 2023 2024-10-15 13:58:12Z DEACON STEVE SCHUMER 525 WASHINGTON STREET BUFFALO NY 14203 126346 0 X WWW.DELTADEVELOPMENTWNY.COM X 1997 NY AFFORDABLE HOUSING. 5 5 0 0 0 0 0 0 117901 123984 91 2137 988 225 118980 126346 0 0 0 0 22446 32113 0 0 0 109990 107107 132436 139220 -13456 -12874 644416 641226 22376 32060 622040 609166 AFFORDABLE HOUSING. 0 0 92773 123984 TO PROVIDE ELDERLY AND MOBILITY IMPAIRED PERSONS OF LOW INCOME WITH AFFORDABLE HOUSING. 92773 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X JAMES LONERGAN 7168471635 525 WASHINGTON STREET BUFFALO NY 14203 X DEACON STEVE SCHUMER PRESIDENT 0.50 0.00 X X 0 0 0 REV PETER KARALUS VICE PRESIDENT 0.50 0.00 X X 0 0 0 MELISSA POTZLER ESQ SECRETARY 0.50 0.00 X X 0 0 0 ALBERT GRESS TREASURER 0.50 0.00 X X 0 0 0 SR MARY MCCARRICK MEMBER 0.50 0.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE PAYM 531110 77821 77821 RENTAL INCOME 531110 46163 46163 123984 2137 2137 LAUNDRY & VENDING INCO 900002 225 225 225 126346 123984 0 2362 X 22185 12006 10179 8009 4325 3684 1919 1036 883 14051 14051 1694 1694 482 482 25395 19145 6250 45 45 7522 7522 11641 11641 30458 30458 5470 5470 SUPPLIES 2823 2823 SNOW REMOVAL 2550 2550 MISCELLANEOUS 2190 533 1657 REAL ESTATE TAXES 1298 1298 1488 1488 139220 92773 46447 0 86 8442 626 58 812 812 1293483 782375 537226 511108 105666 120806 644416 641226 18749 28069 125 84 3502 3907 22376 32060 X 622040 609166 622040 609166 644416 641226 -12874 0 X X 0 1 X 1 1 1 X 107671 113759 119122 117901 123984 582437 107671 113759 119122 117901 123984 582437 0 0 0 582437 48 25 10 91 2137 2311 48 25 10 91 2137 2311 3872 3316 3775 988 225 12176 111591 117100 122907 118980 126346 596924 0.97570 0.97310 0.00390 0.00030 X 15000 15000 1240963 748709 492254 17966 17966 0 19554 15700 3854 511108 RESERVE FOR REPLACEMENTS 116899 TENANTS' SECURITY DEPOSITS 3907 120806 TENANTS' SECURITY DEPOSITS 3907 3907 X 126346 0 126346 0 126346 139220 0 139220 0 139220 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX 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 COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 3 DELTA DEVELOPMENT OF WNY, INC. IS THE MANAGEMENT AGENT FOR 158 CHENANGO STREET HOUSING DEVELOPMENT FUND COMPANY, INC. AND IS RESPONSIBLE FOR DAY-TO-DAY OPERATIONS INVOLVING TENANT SELECTION AND APPLICATION REQUIRED BY HUD, ALL MANAGEMENT RELATED MATTERS INCLUDING GENERAL MAINTENANCE AND REPAIRS, ADMINISTRATIVE, PERSONNEL ADMINISTRATION, RENT COLLECTION AND LEASE ENFORCEMENT, ACCOUNTING SERVICES, MARKETING, AND COMMUNITY RELATIONS, AS OUTLINED IN THE MANAGEMENT AGREEMENT. EMPLOYEE HIRING, SUPERVISION, AND TERMINATIONS ARE THE RESPONSIBILITY OF DELTA DEVELOPMENT AS MANAGING AGENT. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT COMPANY REVIEWS THE FORM AND SECURES THE REVIEW OF THE FORM BY THE AUDIT COMMITTEE, WHICH IS COMPRISED OF BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS FOLLOWS THE CONFLICT OF INTEREST POLICY OF DELTA DEVELOPMENT, THE MANAGING AGENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART IX, LINE 11G MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 19,145. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,145. AUDIIT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,250. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE OCCURRED DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024. DELTA DEVELOPMENT OF WNY INC 525 WASHINGTON STREET BUFFALO NY 14203 222926788 PROPERTY MANAGEMENT FOR LOW-INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0