Nonprofit · EIN 16-1544656
HEART OF THE CITY NEIGHBORHOODS INC
Tax-exempt · BUFFALO, NY 14202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,321,121 | $4,510,424 | -$189,303 | $4,497,947 | $4,372,281 | $125,666 |
| December 31, 2024 | 990 | $3,369,820 | $3,163,481 | $206,339 | $1,294,023 | $979,054 | $314,969 |
| December 31, 2023 | 990 | $2,367,171 | $2,393,417 | -$26,246 | $1,297,292 | $1,188,662 | $108,630 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,329,080
- of which government grants
- $4,103,627
- Program service revenue
- $26,186
- Investment income
- -$34,373
- Net gain from sales of assets
- -$38,517
- Other revenue
- $228
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $196,293
- Other salaries and wages
- $246,782
- Salaries, compensation and benefits (total)
- $620,830
- Professional fundraising fees
- $0
- Legal fees
- $37,399
- Occupancy
- $54,357
- Depreciation
- $8,924
- Program services (functional)
- $4,247,699
- Management and general (functional)
- $262,725
Balance sheet and other
- Total assets, start of year
- $1,294,023
- Total assets, end of year
- $4,497,947
- Total liabilities, end of year
- $4,372,281
- Net assets, end of year
- $125,666
- Land, buildings and equipment
- $34,333
- Net assets without donor restrictions
- $107,872
- Net assets with donor restrictions
- $17,794
- Gross receipts
- $4,364,340
- Employees
- 7
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE SIMEON | EXECUTIVE DIRECTOR Officer | 40 | $136,619 | $16,249 |
| MICHELLE WOOTON | DIRECTOR OF FINANCE Officer | 20 | $59,674 | $0 |
| ERIC LANDER | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| HOWARD BLOCK | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| CHRIS FILLION | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| ALEXANDER DRAINVILLE | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| LISA VAHAPOGLU | MEMBER Trustee or director | 1 | $0 | $0 |
| SHARONNDA BAXTER | MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZA FRANK | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL MCDONNELL | MEMBER Trustee or director | 1 | $0 | $0 |
| THERESA GAY | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEX CARDUCCI | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE SIMEON | EXECUTIVE DIRECTOR Officer | 40 | $115,072 | $12,178 |
| MICHELLE WOOTON | DIRECTOR OF FINANCE Officer | 20 | $53,187 | $27,738 |
| ERIC LANDER | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| HOWARD BLOCK | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| CHRIS FILLION | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| ALEXANDER DRAINVILLE | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| LISA VAHAPOGLU | MEMBER Trustee or director | 1 | $0 | $0 |
| SAMENDY BRICE | MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZA FRANK | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL MCDONNELL | MEMBER Trustee or director | 1 | $0 | $0 |
| JULIANA MANDARANO | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHANIE J SIMEON | EXECUTIVE DIRECTOR Officer | 40 | $100,835 | $16,274 |
| MICHELLE WOOTEN | DIRECTOR OF FINANCE Officer | 20 | $42,268 | $24,889 |
| ERIC LANDER | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| JASON FALK | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 |
| DANIEL BENDER | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| ALEXANDER DRAINVILLE | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| LISA VAHAPOGLU | MEMBER Trustee or director | 1 | $0 | $0 |
| ADEBARE OGUNLEYE | MEMBER Trustee or director | 1 | $0 | $0 |
| SAMENDY BRICE | MEMBER Trustee or director | 1 | $0 | $0 |
| VALTON BARNES | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 135 DELAWARE AVE STE 503, BUFFALO, NY 14202-2415
- Principal officer (990 for 2025)
- STEPHANIE SIMEON, 135 DELAWARE AVENUE 503, BUFFALO, NY 14202
- Signed the 990
- STEPHANIE SIMEON, EXECUTIVE DIRECTOR
- Phone
- (716) 882-7661
- Website
- WWW.HOCN.ORG
- Return prepared by
- EFPR ADVISORY LLC
Mission
HEART OF THE CITY NEIGHBORHOODS, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF WORKING TOWARDS WESTERN NEW YORK NEIGHBORHOOD DEVELOPMENT AND PRESERVATION.
Program accomplishments
- TO CREATE, FACILITATE, AND SUPPORT HOUSING AND NEIGHBORHOOD DEVELOPMENT IN THE CITY OF BUFFALO.Expenses $4,247,699 · revenue $26,186
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1544656
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $4,497,947
- Income (IRS master file)
- $4,364,340
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,321,121 | $4,510,424 | $4,497,947 | XML |
| 990 | December 2024 | $3,369,820 | $3,163,481 | $1,294,023 | XML |
| 990 | December 2023 | $2,367,171 | $2,393,417 | $1,297,292 | XML |
| 990 | December 2022 | $1,658,680 | $1,749,865 | $565,159 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1544656).
Questions about HEART OF THE CITY NEIGHBORHOODS INC
- What is the EIN of HEART OF THE CITY NEIGHBORHOODS INC?
- The employer identification number (EIN) of HEART OF THE CITY NEIGHBORHOODS INC is 16-1544656.
- Is HEART OF THE CITY NEIGHBORHOODS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to HEART OF THE CITY NEIGHBORHOODS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEART OF THE CITY NEIGHBORHOODS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEART OF THE CITY NEIGHBORHOODS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEART OF THE CITY NEIGHBORHOODS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HEART OF THE CITY NEIGHBORHOODS INC?
- The 990 for the year ended December 31, 2025 names STEPHANIE SIMEON.
- Who are the officers and directors of HEART OF THE CITY NEIGHBORHOODS INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $136,619 (STEPHANIE SIMEON, EXECUTIVE DIRECTOR).
- How much revenue does HEART OF THE CITY NEIGHBORHOODS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,321,121, expenses of $4,510,424 and total assets of $4,497,947 at year end.
Other nonprofits in BUFFALO
- BELMONT HOUSING RESOURCES FOR WNY INC EIN 16-1080227 · last filed 990 for 2024
- BRIDGES DEVELOPMENT INC EIN 26-4085157 · last filed 990 for 2024
- PEOPLE UNITED FOR SUSTAINABLE HOUSING INCORPORATED EIN 20-3558447 · last filed 990 for 2024
- RENTAL ASSISTANCE CORPORATION OF BUFFALO EIN 16-1337423 · last filed 990 for 2025
- HOMESPACE CORPORATION EIN 16-1360009 · last filed 990 for 2025
- ERIE REGIONAL HOUSING DEVELOPMENT CORP EIN 16-1559032 · last filed 990 for 2025
- WESTSIDE MINISTRIES INC EIN 30-0045548 · last filed 990 for 2024
- BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC EIN 27-0580274 · last filed 990 for 2024