Skip to content
Nonprofiteer
← MASSACHUSETTS AVENUE SUSTAINABLE HOMES HOUSING DEVELOPMENT FUND COM

Form 990 for tax year 2023

Filed by MASSACHUSETTS AVENUE SUSTAINABLE HOMES HOUSING DEVELOPMENT FUND COM.

Totals

Total revenue
$18,621
Total expenses
$65,499
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$18,621
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,131,296
Total liabilities, end of year
$3,104
Net assets or fund balances, end of year
$1,128,192
Program services expenses (Part IX)
$65,499
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$65,499

Program services were 100.0% 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.

  • 2a · Program service revenue: RENTAL INCOME

    total $18,621 · related or exempt $18,621

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $2,048 · program services $2,048

  • 11c · Fees: accounting

    total $8,409 · program services $8,409

  • 13 · Office expenses

    total $403 · program services $403

  • 22 · Depreciation, depletion and amortization

    total $35,328 · program services $35,328

  • 23 · Insurance

    total $3,459 · program services $3,459

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $7,625 · program services $7,625

  • 24b · Other expenses: UTILITIES

    total $4,387 · program services $4,387

  • 24c · Other expenses: BAD DEBT

    total $2,707 · program services $2,707

  • 24d · Other expenses: PROPERTY TAXES

    total $1,133 · program services $1,133

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,621 · end of year $14,148

  • 4 · Accounts receivable

    beginning of year $3,341 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,493 · end of year $1,663

  • 10a · Land, buildings and equipment: cost or other basis

    $1,389,147

  • 10b · Land, buildings and equipment: accumulated depreciation

    $277,163

  • 10c · Land, buildings and equipment, net

    beginning of year $1,147,312 · end of year $1,111,984

  • 15 · Other assets

    beginning of year $2,875 · end of year $3,501

  • 17 · Accounts payable and accrued expenses

    beginning of year $578 · end of year $229

  • 25 · Other liabilities

    beginning of year $2,994 · end of year $2,875

  • 27 · Net assets without donor restrictions

    beginning of year $1,175,070 · end of year $1,128,192

Mission and programs · 2023

Mission

TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME AS DEFINED IN SECTION 2 OF THE PRIVATE HOUSING FINANCE LAW, WHICH HOUSING ACCOMODATIONS SHALL BE LOCATED IN THE WEST SIDE OF THE CITY OF BUFFALO, NEW YORK.

Activities or mission (Part I)

TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME AS DEFINED IN SECTION 2 OF THE PRIVATE HOUSING FINANCE LAW, WHICH HOUSING ACCOMODATIONS SHALL BE SITUATED AND LOCATED AT/OR NEAR MASSACHUSETTS AVENUE, CITY OF BUFFALO, NEW YORK.

  • THE ORGANIZATION PROVIDED 5 RESIDENTIAL UNITS FOR PERSONS AND FAMILIES OF LOW INCOME, AS DEFINED IN SECTION 2 OF PRIVATE HOUSING FINANCE LAW IN THREE SEPARATE BUILDINGS LOCATED NEAR MASSACHUSETTS AVENUE, CITY OF BUFFALO, NEW YORK.

    Expenses $65,499 · Revenue $18,621

As filed on the 2023 return.

Listed in Part VII

  • Robert Jahnke

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Ramone Alexander

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Jim Anderson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Rahwa Ghirmatzion

    VICE PRESIDENT

    Total calculated
    $103,452
    From this org
    $0
    From related orgs
    $103,452
    Other
    $0
    Hours/week
    2 + 40 related

  • Dawn Wells-Clyburn

    VICE PRESIDENT

    Total calculated
    $82,294
    From this org
    $0
    From related orgs
    $82,294
    Other
    $0
    Hours/week
    2 + 40 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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • S77 LLC

    N/A · REAL ESTATE RENTAL · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • S77 MM LLC

    C · REAL ESTATE RENTAL · NY

  • PUSH GRO INC

    C · REAL ESTATE RENTAL · NY

Provenance

Return type
form_990
Tax year
2023
Filed
17 October 2024
IRS schema version
2023v5.1
Source object
202412919349300326

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

The source document this was parsed from is served over the API, which is where bulk and document access live.