Totals
- Total revenue
- $311,633
- Total expenses
- $508,047
- Contributions and grants received
- $131,852
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $14,303
- Other revenue
- $165,478
- Total assets, end of year
- $58,533,303
- Total liabilities, end of year
- $1,217,525
- Net assets or fund balances, end of year
- $57,315,778
- Program services expenses (Part IX)
- $366,859
- Management and general expenses
- $109,022
- Fundraising expenses
- $32,166
- Program service expenses (Part III)
- $366,859
Program services were 72.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$131,852
-
3 · Investment income
total $14,303 · excluded $14,303
-
11a · Other revenue: SHARED COST REIMBURSEM
total $164,502 · excluded $164,502
-
11b · Other revenue: TOUR REVENUE
total $976 · excluded $976
-
11e · Other revenue, total
$165,478
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $75,788 · program services $64,420 · management and general $7,578 · fundraising $3,790
-
7 · Other salaries and wages
total $28,084 · program services $23,872 · management and general $2,808 · fundraising $1,404
-
9 · Other employee benefits
total $9,723 · program services $8,265 · management and general $972 · fundraising $486
-
10 · Payroll taxes
total $8,003 · program services $6,803 · management and general $800 · fundraising $400
-
11b · Fees: legal
total $16,129 · program services $5,203 · management and general $10,926
-
11c · Fees: accounting
total $61,300 · program services $19,774 · management and general $41,526
-
11g · Fees: other
total $36,870 · program services $11,893 · management and general $24,977
-
12 · Advertising and promotion
total $1,596 · program services $1,596
-
13 · Office expenses
total $2,131 · management and general $2,131
-
14 · Information technology
total $6,497 · management and general $2,898 · fundraising $3,599
-
19 · Conferences, conventions and meetings
total $6,488 · management and general $6,488
-
20 · Interest
total $59,736 · program services $59,736
-
22 · Depreciation, depletion and amortization
total $57,652 · program services $57,652
-
23 · Insurance
total $5,558 · program services $5,558
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $91,962 · program services $91,962
-
24b · Other expenses: PROJECT DEVELOPMENT
total $32,562 · program services $10,125 · fundraising $22,437
-
24c · Other expenses: MISC. EXPENSE
total $7,918 · management and general $7,918
-
24d · Other expenses: CONTRACTED SERVICES
total $50 · fundraising $50
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $477,682 · end of year $192,780
-
2 · Savings and temporary cash investments
beginning of year $303,936 · end of year $318,239
-
3 · Pledges and grants receivable
beginning of year $4,200 · end of year $4,200
-
5 · Loans and receivables from officers and key people
beginning of year $582,435 · end of year $517,482
-
9 · Prepaid expenses and deferred charges
beginning of year $17,665 · end of year $5,818
-
10a · Land, buildings and equipment: cost or other basis
$3,491,067
-
10b · Land, buildings and equipment: accumulated depreciation
$386,734
-
10c · Land, buildings and equipment, net
beginning of year $3,161,985 · end of year $3,104,333
-
15 · Other assets
beginning of year $57,893,609 · end of year $54,390,451
-
17 · Accounts payable and accrued expenses
beginning of year $416,162 · end of year $305,468
-
19 · Deferred revenue
beginning of year $10,000
-
25 · Other liabilities
beginning of year $1,000,000 · end of year $912,057
-
27 · Net assets without donor restrictions
beginning of year $60,927,568 · end of year $57,227,996
-
28 · Net assets with donor restrictions
beginning of year $87,782 · end of year $87,782
Mission and programs · 2023
Mission
WE ENVISION THE REHABILITATION OF THE NATIONAL HISTORIC LANDMARK RICHARDSON OLMSTED CAMPUS (THE FORMER BUFFALO STATE ASYLUM FOR THE INSANE), COMPRISED OF THE H. H. RICHARDSON-DESIGNED BUILDINGS AND FREDERICK LAW OLMSTED-DESIGNED GROUNDS, TO BE THE CROWNING JEWEL OF A MIXED-USE, MULTI-PURPOSE CIVIC CAMPUS OF PUBLIC AND PRIVATE ACTIVITIES.BY COMBINING CONTEMPORARY IDEAS WITH OUR 19TH CENTURY INHERITANCE, WE WILL CREATE TO THE HIGHEST STANDARDS A NATIONALLY SIGNIFICANT, 21ST CENTURY, ECONOMICALLY SELF-SUSTAINING AND ENVIRONMENTALLY SOUND RICHARDSON OLMSTED CAMPUS AS A PLACE FOR ARCHITECTURAL, EDUCATIONAL, CULTURAL, AND RECREATIONAL ACTIVITIES FOR THE BENEFIT OF THE RESIDENTS OF AND VISITORS TO THE RICHARDSON COMMUNITY, THE MUSEUM DISTRICT, THE ELMWOOD VILLAGE, AND THE ENTIRE BUFFALO NIAGARA REGION.
Activities or mission (Part I)
THE REHABILITATION OF THE NATIONAL HISTORIC LANDMARK RICHARDSON OLMSTED CAMPUS.
-
FACILITATE THE REHABILITATION, REDEVELOPMENT AND CONTINUED CONSTRUCTION OF THE NATIONAL HISTORIC LANDMARK RICHARDSON OLMSTED CAMPUS LOCATED IN BUFFALO, NEW YORK.
Expenses $366,859
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul HojnackiPAUL HOJNACKI
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 3
-
Paul CiminelliPAUL CIMINELLI
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark KercherMARK KERCHER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher GreeneCHRISTOPHER GREENE
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Michael AnthonyMICHAEL ANTHONY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.75
-
Michael BonitatibusMICHAEL BONITATIBUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Clinton BrownCLINTON BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Barbara HoleBARBARA HOLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
William JonesWILLIAM JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Judi LipseyJUDI LIPSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
James ObletzJAMES OBLETZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Molly QuackenbushMOLLY QUACKENBUSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert ShibleyROBERT SHIBLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard SmithRICHARD SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Patrick WhalenPATRICK WHALEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paris RoselliPARIS ROSELLI
PRESIDENT
- Total calculated
- $164,168
- From this org
- $151,575
- From related orgs
- $0
- Other
- $12,593
- Hours/week
- 25 + 25 related
Schedule J breakdown matched by us
- Base
- $151,575
- Bonus
- $0
- Other
- $0
- Deferred
- $4,793
- Nontaxable benefits
- $7,800
- Filer's total
- $164,168
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
RICHARDSON ARCHITECTURE CENTER INC
501(C)(3) · ARCHITECTURAL DEVELOPMENT · NY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RCDC ASSOCCIATES LLC
REAL ESTATE DEVELOPMENT · NY
Directly controlled by RICHARDSON CENTER CORPORATION
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RCC MASTER TENANT LLC
RELATED · REAL ESTATE RENTAL · NY · 100% owned
Directly controlled by RICHARDSON CENTER DEVELOPMENT CORPORATION
-
RICHARDSON CENTER DEVELOPMENT QALICB LLC
RELATED · REAL ESTATE DEVELOPMENT · NY · 100% owned
Directly controlled by RICHARDSON CENTER DEVELOPMENT CORPORATION
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
RICHARDSON CENTER DEVELOPMENT CORPORATION
C · REAL ESTATE DEVELOPMENT · NY · 100% owned · controlled entity
Directly controlled by RICHARDSON CENTER CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441589349301214
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