RICHARDSON CENTER CORPORATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: RICHARDSON CENTER CORPORATION (EIN 20-5148995)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-11-14
IRS object ID: 201703189349309190
Schema version: 2016v3.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-11-14T16:29:05-06:00	ReturnTs
Tax Period End	2016-12-31	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	2016-01-01	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	2017-10-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Adam P Ohar CPA	PreparerPersonNm
PTIN	P00844640	PTIN
Phone	7166331373	PhoneNum
Preparation	2017-10-25	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	2017-10-25	IPDt
IP Tm	09:45:11	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	F70E7A65F91661120E84AAB05EF1B63D2B1D860F	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
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	$10,866,845	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	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	50	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$13,691,682	PYContributionsGrantsAmt
CY Contributions Grants	$3,822,023	CYContributionsGrantsAmt
PY Program Service Revenue	$33,489	PYProgramServiceRevenueAmt
CY Program Service Revenue	$6,969,080	CYProgramServiceRevenueAmt
PY Investment Income	$35,845	PYInvestmentIncomeAmt
CY Investment Income	$17,244	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$58,498	CYOtherRevenueAmt
PY Total Revenue	$13,761,016	PYTotalRevenueAmt
CY Total Revenue	$10,866,845	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	$140,259	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$193,187	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$44,166	CYTotalFundraisingExpenseAmt
PY Other Expenses	$117,609	PYOtherExpensesAmt
CY Other Expenses	$159,830	CYOtherExpensesAmt
PY Total Expenses	$257,868	PYTotalExpensesAmt
CY Total Expenses	$353,017	CYTotalExpensesAmt
PY Revenues Less Expenses	$13,503,148	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$10,513,828	CYRevenuesLessExpensesAmt
Total Assets BOY	$70,996,285	TotalAssetsBOYAmt
Total Assets EOY	$81,270,298	TotalAssetsEOYAmt
Total Liabilities BOY	$201,233	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$302,756	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$70,795,052	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$80,967,542	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	$182,381	ExpenseAmt
Revenue	$6,982,958	RevenueAmt
Desc	the first phase of reuse completed in 2016 created a hotel, conference and event space. an architecture center was created for buffalo is scheduled to be open in 2018. Reuse planning for the remaining buildings and grounds is underway.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$563	ExpenseAmt
Revenue	$44,620	RevenueAmt
Desc	TOURS of the campus.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Desc	Directing the stabilization and rehabilitation of the National historic landmark in buffalo, new york known as the richardson olmsted complex	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$182,944	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	0	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	7	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	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	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 (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
stanford lipsey
chairman (Deceased in 2016)	5.00	Yes (X)	Yes (X)	$0	$0	$0
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
monica pellegrino faix
executive director	40.00		Yes (X)	$85,234	$0	$13,021

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$85,234	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$13,021	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
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$746,348	GovernmentGrantsAmt
All Other Contributions	$3,075,675	AllOtherContributionsAmt
Total Contributions	$3,822,023	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Developer Fee	900099	$6,924,460	$6,924,460
TOur and open houses	900099	$44,620	$44,620

Field	Value	IRS element (for citing)
Total Program Service Revenue	$6,969,080	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$17,244	TotalRevenueColumnAmt
Exclusion	$17,244	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	miscellaneous	Desc
Business	900099	BusinessCd
Total Revenue Column	$58,498	TotalRevenueColumnAmt
Related Or Exempt Func Income	$58,498	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$58,498	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,866,845	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,027,578	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$17,244	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$98,255	TotalAmt
Program Services	$68,779	ProgramServicesAmt
Management And General	$29,476	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$73,454	TotalAmt
Program Services	$51,418	ProgramServicesAmt
Management And General	$22,036	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,707	TotalAmt
Program Services	$3,995	ProgramServicesAmt
Management And General	$1,712	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$4,819	TotalAmt
Program Services	$3,373	ProgramServicesAmt
Management And General	$1,446	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$10,952	TotalAmt
Program Services	$7,666	ProgramServicesAmt
Management And General	$3,286	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$12,108	TotalAmt
Program Services	$1,835	ProgramServicesAmt
Management And General	$10,273	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$18,403	TotalAmt
Program Services	$2,788	ProgramServicesAmt
Management And General	$15,615	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$3,840	TotalAmt
Management And General	$3,840	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$41,818	TotalAmt
Program Services	$1,627	ProgramServicesAmt
Management And General	$8,850	ManagementAndGeneralAmt
Fundraising	$31,341	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,350	TotalAmt
Program Services	$2,047	ProgramServicesAmt
Management And General	$1,303	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,053	TotalAmt
Program Services	$4,053	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$5,763	TotalAmt
Management And General	$5,763	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,509	TotalAmt
Management And General	$1,509	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,507	TotalAmt
Management And General	$5,507	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	$7,479	TotalAmt
Management And General	$7,479	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	Project Development COs	Desc
Total	$12,825	TotalAmt
Fundraising	$12,825	FundraisingAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,375	TotalAmt
Program Services	$563	ProgramServicesAmt
Management And General	$7,812	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$353,017	TotalAmt
Program Services	$182,944	ProgramServicesAmt
Management And General	$125,907	ManagementAndGeneralAmt
Fundraising	$44,166	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	$17,919	BOYAmt
EOY	$3,412,608	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$10,335,113	BOYAmt
EOY	$4,080	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$13,473,095	BOYAmt
EOY	$974,170	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,385	BOYAmt
EOY	$2,299	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,701,599	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$87,000	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,297,231	BOYAmt
EOY	$3,614,599	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$43,871,542	BOYAmt
EOY	$73,262,542	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$70,996,285	BOYAmt
EOY	$81,270,298	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$82,748	BOYAmt
EOY	$70,242	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$118,485	BOYAmt
EOY	$232,514	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$201,233	BOYAmt
EOY	$302,756	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$68,280,252	BOYAmt
EOY	$78,487,542	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,514,800	BOYAmt
EOY	$2,480,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$70,795,052	BOYAmt
EOY	$80,967,542	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$70,996,285	BOYAmt
EOY	$81,270,298	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$10,513,828	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$341,338	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	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	$1,961,479	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,004,285	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$42,538,565	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$13,691,682	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,822,023	CurrentTaxYearAmt
Total	$65,018,034	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,961,479	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,004,285	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$42,538,565	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$13,691,682	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,822,023	CurrentTaxYearAmt
Total	$65,018,034	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,198,435	SubstantialContributorsTotAmt
Public Support Total170	$63,819,599	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,113	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,343	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$668	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$35,845	CurrentTaxYearMinus1YearAmt
Current Tax Year	$17,244	CurrentTaxYearAmt
Total	$60,213	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$65,078,247	TotalSupportAmt
Gross Receipts Rltd Activities	$139,653	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.98070	PublicSupportCY170Pct
Public Support PY170	0.99930	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

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	$87,000	DepreciationAmt
Book Value	$1,305,000	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,134,599	OtherCostOrOtherBasisAmt
Book Value	$1,134,599	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,614,599	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
investment in richardson center development fund company	$70,362,542
Developer Fee Receivable	$2,900,000

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$73,262,542	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
LINE OF CREDIT	$90,000
due to related party	$142,514

Field	Value	IRS element (for citing)
Total Liability	$232,514	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$10,863,005	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$10,863,005	RevenueSubtotalAmt
Investment Expenses Not Incld	$3,840	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$3,840	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$10,866,845	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$349,177	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$349,177	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$3,840	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$3,840	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$353,017	TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 2	Chairman Stanford Lipsey and Treasurer Paul Hojnacki have a family relationship.
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 $5,879,418 investment in related entity $70,362,542 Designated to Architecture center $2,245,583
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.

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 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	-$320,688	ShareOfTotalIncomeAmt
Share Of EOY Assets	$70,362,542	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	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
richardson center development corporation
B	$25,159,838	actual payments
Richardson center development QALICB LLC
C	$6,924,460	actual payments

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Form 990, Schedule R, Part V, Line 2:

DURING THE YEAR ENDED DECEMBER 31, 2016 THE ORGANIZATION MADE CAPITAL CONTRIBUTIONS TO RICHARDSON CENTER DEVELOPMENT CORPORATION ("RCDC") IN THE AMOUNT OF $25,159,838. 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.

Form 990, Schedule R, Part V, Line 2:

The organization will serve as the developer for the Campus' core project in accordance with a written development agreement with RCDC QALICB. The organization received a development fee in the amount of $6,924,460 during the year ended december 31, 2016.