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← BIL HOUSING DEVELOPMENT FUND COMPANY INC

Form 990 for tax year 2022

Filed by BIL HOUSING DEVELOPMENT FUND COMPANY INC.

Totals

Total revenue
$210,931
Total expenses
$177,152
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$162,237
Management and general expenses
$14,915
Fundraising expenses
$0
Program service expenses (Part III)
$162,237

Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MICHAEL D RIEGEL

    BOARD MEMBER/PRESIDENT

    Total calculated
    $214,003
    From this org
    $0
    From related orgs
    $191,328
    Other
    $22,675
    Hours/week
    0.5 + 34.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,328 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,943 related
    Nontaxable benefits
    $0 + $15,732 related
    Filer's total
    $0 + $214,003 related

  • PAMELA BERGER

    BOARD MEMBER/VICE PRESIDEN

    Total calculated
    $140,324
    From this org
    $0
    From related orgs
    $127,848
    Other
    $12,476
    Hours/week
    0.5 + 34.5 related

  • AARON HEJMOWSKI

    BOARD MEMBER/TREASURER/CFO

    Total calculated
    $161,299
    From this org
    $0
    From related orgs
    $138,293
    Other
    $23,006
    Hours/week
    0.5 + 34.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $138,293 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,274 related
    Nontaxable benefits
    $0 + $15,732 related
    Filer's total
    $0 + $161,299 related

  • BRAD PACKARD

    BOARD MEMBER/SECRETARY

    Total calculated
    $156,928
    From this org
    $0
    From related orgs
    $149,427
    Other
    $7,501
    Hours/week
    0.5 + 34.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $149,427 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,501 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $156,928 related

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 — 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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
ALL EMPLOYEES ARE PAID BY BELMONT HOUSING RESOURCES FOR WNY, INC., A RELATED ENTITY. BELMONT'S COMPENSATION PROGRAM IS DEVELOPED BY SENIOR MANAGEMENT, THE HUMAN RESOURCES MANAGER, AND AN EMPLOYEE BENEFITS AND COMPENSATION CONSULTING FIRM, AND REVIEWED BY THE HR AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMPENSATION PROGRAM APPLIES TO ALL STAFF, INCLUDING OFFICERS. IN ADDITION, ALL COMPENSATION OF OFFICERS IS APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION PROGRAM INCLUDED MARKET PRICING AND JOB SLOTTING WITHIN ESTABLISHED SALARY GRADES AND RANGES BASED ON INFORMATION PROVIDED BY THE INDEPENDENT CONSULTING FIRM.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
12 February 2024
IRS schema version
2022v5.0
Source object
202420459349300602

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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