RICHARDSON CENTER CORPORATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RICHARDSON CENTER CORPORATION (EIN 20-5148995)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-23
- IRS object ID
- 201832969349301363
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-23T14:50:51-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043728817 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRONCONI SEGARRA & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8321 MAIN STREET | AddressLine1Txt |
| City | WILLIAMSVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205148995 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARDSON CENTER CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 7166011150 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 FOREST AVENUE | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14213 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK KERCHER CPA | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7166011150 | PhoneNum |
| Signature | 2018-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL B DOLAN CPA | PreparerPersonNm |
| PTIN | P00141357 | PTIN |
| Phone | 7166331373 | PhoneNum |
| Preparation | 2018-10-23 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.75.183.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-23 | IPDt |
| IP Tm | 09:43:19 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 174A32C502F59299A83B56F00E0A6C7DFA8C712D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL HOJNACKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 FOREST AVENUE | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14213 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,357,086 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RICHARDSON-OLMSTED.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | WE ENVISION THE REHABILITATION OF THE NATIONAL HISTORIC LANDMARK RICHARDSON OLMSTED COMPLEX (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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,822,023 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,202,757 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,969,080 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $51,900 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,244 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,846 | CYInvestmentIncomeAmt |
| PY Other Revenue | $58,498 | PYOtherRevenueAmt |
| CY Other Revenue | $100,583 | CYOtherRevenueAmt |
| PY Total Revenue | $10,866,845 | PYTotalRevenueAmt |
| CY Total Revenue | $1,357,086 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $193,187 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $201,457 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $159,830 | PYOtherExpensesAmt |
| CY Other Expenses | $755,940 | CYOtherExpensesAmt |
| PY Total Expenses | $353,017 | PYTotalExpensesAmt |
| CY Total Expenses | $957,397 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,513,828 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $399,689 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,270,298 | TotalAssetsBOYAmt |
| Total Assets EOY | $78,604,157 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $302,756 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,495,413 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $80,967,542 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $75,108,744 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | FACILITATE THE REHABILITATION AND REUSE OF THE NATIONAL HISTORIC LANDMARK RICHARDSON OLMSTED CAMPUS LOCATED IN BUFFALO, NEW YORK. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $648,371 | ExpenseAmt |
| Revenue | $100,583 | RevenueAmt |
| Desc | CONTINUED CONSTRUCTION AND DEVELOPMENT OF CAMPUS: A HOTEL, CONFERENCE AND EVENT SPACE, AND AN ARCHITECTURE CENTER WAS CREATED FOR BUFFALO AND WERE COMPLETED LATE 2016. HOTEL HENRY URBAN RESORT CONFERENCE CENTER AND THE KITCHENS AT HOTEL HENRY ("HOTEL HENRY"), A PUBLIC RESTAURANT, OPENED IN 2017. THE RICHARDSON ARCHITECTURE CENTER, INC. DBA LIPSEY ARCHITECTURE CENTER OF BUFFALO (THE "LACB"), IS SCHEDULED TO OPEN IN 2019. THE REMAINING BUILDINGS ARE BEING STABILIZED PENDING FUTURE OPPORTUNITIES. UNDER CONSIDERATION FOR ADDITIONAL BUILDINGS ARE RESIDENTIAL, ACADEMIC, ARTS AND CULTURE USE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $176,797 | ExpenseAmt |
| Revenue | $51,900 | RevenueAmt |
| Desc | PROGRAMMING, EVENTS, TOURS AND OTHER CAMPUS EVENTS AVAILABLE TO THE PUBLIC. AMONG THESE EVENTS, IN JULY 2017 THE ORGANIZATION COLLABORATED WITH THE BUFFALO PHILHARMONIC ORCHESTRA TO PERFORM A CELEBRATORY LIGHT SHOW AND CONCERT TO CELEBRATE THE SUCCESSFUL COMPLETION OF THE FIRST PHASE OF REDEVELOPMENT AND THANK THE COMMUNITY FOR THEIR SUPPORT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $825,168 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MOLLY QUACKENBUSH | PersonNm |
| Phone | 7166011150 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 FOREST AVENUE | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14213 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| PAUL R HOJNACKI | ||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PAUL CIMINELLI | ||||||
| VICE CHARIMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK KERCHER CPA | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRISTOPHER GREENE | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CLINTON BROWN | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| KATHERINE CONWAY TURNER | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| EVA HASSETT | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| KELLY HAYES MCALONIE | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| GAIL JOHNSTONE | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM JONES | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA CAMPAGNA | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SUSANNE BAIR | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JEFFREY WELLINGTON | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL BONITATIBUS | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ANTHONY MASIELLO | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MOLLY QUACKENBUSH | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RICK SMITH | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES OBLETZ | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICK J WHALEN | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MONICA PELLEGRINO FAIX | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $76,538 | $0 | $12,055 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $76,538 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $12,055 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAV SERVICES | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 SONWIL DR | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | PRODUCTION AND TECHNOLOGY SERVICES | ServicesDesc |
| Compensation | $139,659 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $373,990 | GovernmentGrantsAmt |
| All Other Contributions | $828,767 | AllOtherContributionsAmt |
| Total Contributions | $1,202,757 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPECIAL EVENTS AND TOU | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $51,900 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,900 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $51,900 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,846 | TotalRevenueColumnAmt |
| Exclusion | $1,846 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $100,583 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $100,583 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $100,583 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,357,086 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $152,483 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,846 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,593 | TotalAmt |
| Program Services | $62,015 | ProgramServicesAmt |
| Management And General | $26,578 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,360 | TotalAmt |
| Program Services | $63,252 | ProgramServicesAmt |
| Management And General | $27,108 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,751 | TotalAmt |
| Program Services | $4,026 | ProgramServicesAmt |
| Management And General | $1,725 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,019 | TotalAmt |
| Program Services | $3,513 | ProgramServicesAmt |
| Management And General | $1,506 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,734 | TotalAmt |
| Program Services | $8,214 | ProgramServicesAmt |
| Management And General | $3,520 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,048 | TotalAmt |
| Program Services | $3,340 | ProgramServicesAmt |
| Management And General | $18,708 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,748 | TotalAmt |
| Program Services | $3,599 | ProgramServicesAmt |
| Management And General | $20,149 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,590 | TotalAmt |
| Program Services | $3,684 | ProgramServicesAmt |
| Management And General | $4,906 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,666 | TotalAmt |
| Program Services | $1,525 | ProgramServicesAmt |
| Management And General | $1,141 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,939 | TotalAmt |
| Program Services | $3,939 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,406 | TotalAmt |
| Management And General | $3,406 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,851 | TotalAmt |
| Management And General | $6,851 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,394 | TotalAmt |
| Management And General | $1,394 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,800 | TotalAmt |
| Program Services | $34,800 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,908 | TotalAmt |
| Program Services | $83,505 | ProgramServicesAmt |
| Management And General | $5,403 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PUBLIC EVENTS EXPENSE | $176,797 | $176,797 |
| PROJECT DEVELOPMENT COS | $156,415 | $156,415 |
| REPAIRS & MAINTENANCE | $119,649 | $119,649 |
| SECURITY EXPENSE | $96,895 | $96,895 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,834 | TotalAmt |
| Management And General | $9,834 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $957,397 | TotalAmt |
| Program Services | $825,168 | ProgramServicesAmt |
| Management And General | $132,229 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,412,608 | BOYAmt |
| EOY | $588,012 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,080 | BOYAmt |
| EOY | $1,005,926 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $974,170 | BOYAmt |
| EOY | $919,918 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,299 | BOYAmt |
| EOY | $2,823 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,577,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $121,800 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,614,599 | BOYAmt |
| EOY | $2,455,200 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,262,542 | BOYAmt |
| EOY | $73,632,278 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,270,298 | BOYAmt |
| EOY | $78,604,157 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,242 | BOYAmt |
| EOY | $2,957,922 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,514 | BOYAmt |
| EOY | $537,491 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,756 | BOYAmt |
| EOY | $3,495,413 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,487,542 | BOYAmt |
| EOY | $72,663,544 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,480,000 | BOYAmt |
| EOY | $2,445,200 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,967,542 | BOYAmt |
| EOY | $75,108,744 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,270,298 | BOYAmt |
| EOY | $78,604,157 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $399,689 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$2,619,972 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$3,638,515 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,004,285 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,538,565 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,691,682 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,202,051 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,202,757 | CurrentTaxYearAmt |
| Total | $61,639,340 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,004,285 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,538,565 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,691,682 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,202,051 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,202,757 | CurrentTaxYearAmt |
| Total | $61,639,340 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $61,639,340 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,343 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $668 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $35,845 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,244 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,846 | CurrentTaxYearAmt |
| Total | $57,946 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $61,697,286 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $191,553 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99910 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98070 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 1: | FormAndLineReferenceDesc |
| Explanation | IN 2017, THE ORGANIZATION DETERMINED THAT PREVIOUSLY RECORDED CAPITAL CAMPAIGN CONTRIBUTION REVENUE DESIGNATED FOR THE LIPSEY ARCHITECTURE CENTER OF BUFFALO ("LACB") SHOULD MORE APPROPRIATELY BE RECORDED AS REVENUE OF LACB FOR THE YEAR ENDED DECEMBER 31, 2016. AS A RESULT, AN ADJUSTMENT OF $2,619,972 WAS MADE TO THE PREVIOUSLY REPORTED CAPITAL CAMPAIGN CONTRIBUTION REVENUE AND AN OTHER PAYABLE LACB FOR THIS AMOUNT WAS ALSO RECORDED BY THE ORGANIZATION, RESULTING IN A RESTATEMENT OF NET ASSETS OF $2,619,972 AT DECEMBER 31, 2016. AS SUCH, THE TOTAL AMOUNT OF GIFTS, GRANTS, CONTRIBUTIONS AND MEMBERSHIP FEES ON LINE 1 FOR 2016 IS LACB ADJUSTED FROM $3,822,023 TO $1,202,051 TO REFLECT THE ADJUSTMENT. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $10,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,175,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,175,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,392,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,800 | DepreciationAmt |
| Book Value | $1,270,200 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,000 | OtherCostOrOtherBasisAmt |
| Book Value | $10,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,455,200 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENT IN RICHARDSON CENTER DEVELOPMENT FUND COMPANY | $73,630,118 |
| DEVELOPER FEE RECEIVABLE | $2,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $73,632,278 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LINE OF CREDIT | $500,000 |
| DUE TO RELATED PARTY | $37,491 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $537,491 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,357,086 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,357,086 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,357,086 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $957,397 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $957,397 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $957,397 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, LINE 4: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION COLLECTS VARIOUS LOCAL ARTWORK TO EXHIBIT AROUND THE CAMPUS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE TREASURER AND SECRETARY AND AN ELECTRONIC COPY IS PROVIDED FOR REVIEW BY THE OTHER DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ALL DIRECTORS ARE REQUIRED TO COMPLETE ACKNOWLEGMENT FORMS. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE ON A YEARLY BASIS. RESEARCH IS DONE BY REVIEWING SURVEYS AND COMPENSATION INFORMATION OF EQUIVALENT POSITIONS IN OTHER LOCAL CHARITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND TAX RETURN AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART X, LINE 27(B): | UNRESTRICTED NET ASSETS ARE COMPRISED OF THE FOLLOWING CLASSIFICATIONS: UNDESIGNATED ($966,574) INVESTMENT IN RELATED ENTITY $73,630,118 |
| FORM 990, PART XI, LINE 9: | IMPAIRMENT OF PREVIOUSLY CAPITALIZED NON-CORE PROJECT DEVELOPMENT COSTS -1,134,599. LOSS FROM RICHARDSON CENTER DEVELOPMENT CORPORATION -2,503,916. |
| FORM 990, PART XII, LINE 2C: | THE FINANCIAL AND AUDIT COMMITTEES REVIEW AND COMMENT ON THE FINANCIAL STATEMENTS, PARTICIPATE IN THE AUDIT BY ANSWERING ANY QUESTIONS POSED BY THE AUDITORS AND MAKE RECOMMENDATIONS TO THE BOARD. THEY ALSO SELECTED THE INDEPENDENT AUDITOR THROUGH AN RFP PROCESS WHICH EVALUATED BOTH QUALIFICATIONS AND PRICE. |
| FORM 990, PART XI, LINE 8: | IN 2017, THE ORGANIZATION DETERMINED THAT PREVIOUSLY RECORDED CAPITAL CAMPAIGN CONTRIBUTION REVENUE DESIGNATED FOR THE LIPSEY ARCHITECTURE CENTER OF BUFFALO ("LACB") SHOULD MORE APPROPRIATELY BE RECORDED AS REVENUE OF LACB FOR THE YEAR ENDED DECEMBER 31, 2016. AS A RESULT, AN ADJUSTMENT OF $2,619,972 WAS MADE TO THE PREVIOUSLY REPORTED CAPITAL CAMPAIGN CONTRIBUTION REVENUE AND AN OTHER PAYABLE LACB FOR THIS AMOUNT WAS ALSO RECORDED BY THE ORGANIZATION, RESULTING IN A RESTATEMENT OF NET ASSETS OF $2,619,972 AT DECEMBER 31, 2016. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RCDC ASSOCIATES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 FOREST AVENUE | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14213 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800810491 | EIN |
| Primary Activities | REAL ESTATE DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARDSON CENTER CORPORATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARDSON ARCHITECTURE CENTER INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 298 MAIN STREET | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261868261 | EIN |
| Primary Activities | ARCHITECTURAL DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RCC MASTER TENANT LLC | ||||||||||||
| 444 FOREST AVENUE | BUFFALO | NY | 14213 | 471447894 | REAL ESTATE RENTAL | NY | N/A | RELATED | 0 | Yes (1) | 0.01000 | |
| RICHARDSON CENTER DEVELOPMENT QALICB LLC | ||||||||||||
| 444 FOREST AVENUE | BUFFALO | NY | 14213 | 455160528 | REAL ESTATE DEVELOPMENT | NY | RELATED | 0 | 0 | RICHARDSON CENTER DEVELOPMENT CORPORATION | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARDSON CENTER DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 FOREST AVENUE | AddressLine1Txt |
| City | BUFFALO | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 14213 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611680478 | EIN |
| Primary Activities | REAL ESTATE DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARDSON CENTER CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$2,503,916 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $73,635,218 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| RICHARDSON CENTER DEVELOPMENT CORPORATION | ||
| B | $5,771,492 | ACTUAL PAYMENTS |
| RICHARDSON CENTER DEVELOPMENT QALICB LLC | ||
| P | $142,514 | ACTUAL PAYMENTS |
| RICHARDSON CENTER DEVELOPMENT QALICB LLC | ||
| Q | $532,930 | ACTUAL PAYMENTS |
| RCC MASTER TENANT LLC | ||
| D | $1,000,000 | ACTUAL PAYMENTS |
| RCC MASTER TENANT LLC | ||
| S | $500,000 | ACTUAL PAYMENTS |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R, PART V, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DURING THE YEAR ENDED DECEMBER 31, 2017 THE ORGANIZATION MADE CAPITAL CONTRIBUTIONS TO RICHARDSON CENTER DEVELOPMENT CORPORATION ("RCDC") IN THE AMOUNT OF $5,771,492. THE FUNDS WERE ORIGINALLY RECEIVED BY THE ORGANIZATION THROUGH AN EMPIRE STATE DEVELOPMENT CORPORATION GRANT DISBURSEMENT AGREEMENT AND THEN CONTRIBUTED TO RCDC, WHICH FORWARDED THE FUNDS TO RICHARDSON CENTER DEVELOPMENT QALICB, LLC FOR THEIR USE TOWARDS CORE PROJECT DEVELOPMENT COSTS. | ExplanationTxt |