2016-02-29T11:19:36-06:00 2015-12-31 161131146 BONADIO & CO LLP 100 CORPORATE PKWY STE 200 AMHERST NY 14226 990 2015-01-01 161544656 HEART OF THE CITY NEIGHBORHOODS INC HEAR 7168827661 251 VIRGINIA STREET NO A BUFFALO NY 14201 STEPHANIE SIMEON EXECUTIVE DIRECTOR 7168827661 2016-02-26 1 JUSTIN N REID P01321869 7162506600 2015 2016-08-17 19:52:53Z STEPHANIE SIMEON 251 VIRGINIA STREET NO A BUFFALO NY 14201 646599 0 X WWW.HOCN.ORG X 1995 NY HEART OF THE CITY NEIGHBORHOODS, INC. IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT EXISTS TO CREATE, FACILITATE, AND SUPPORT HOUSING AND NEIGHBORHOOD DEVELOPMENT IN THE CITY OF BUFFALO'S CENTRAL CORE. THIS IS ACCOMPLISHED BY CREATING PROGRAMS TO IMPROVE THE QUALITY OF RESIDENTIAL HOUSING AND BY DEVELOPING SUSTAINABLE PROJECTS TO IMPROVE THE LOWER WEST SIDE. 10 10 4 50 0 0 859390 634856 38748 11560 -100820 -4170 13781 183 811099 642429 0 0 0 0 167279 179519 0 0 0 719468 384359 886747 563878 -75648 78551 119406 130545 385595 318183 -266189 -187638 X HEART OF THE CITY NEIGHBORHOODS, INC. IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT EXISTS TO CREATE, FACILITATE, AND SUPPORT HOUSING AND NEIGHBORHOOD DEVELOPMENT IN THE CITY OF BUFFALO'S CENTRAL CORE. THIS IS ACCOMPLISHED BY CREATING PROGRAMS TO IMPROVE THE QUALITY OF RESIDENTIAL HOUSING AND BY DEVELOPING SUSTAINABLE PROJECTS TO IMPROVE THE LOWER WEST SIDE. 0 0 481709 11560 TO CREATE, FACILITATE, AND SUPPORT HOUSING AND NEIGHBORHOOD DEVELOPMENT IN THE CITY OF BUFFALO. 481709 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X MICHELLE WOOTON 7168827661 251 VIRGINIA STREET BUFFALO NY 14201 MANUEL RIVERA III PRESIDENT 2.50 X X 0 0 0 TIM WILKINSON SECRETARY 2.50 X X 0 0 0 TIM FAVARO MEMBER 1.00 X 0 0 0 CHARLES SAUNDERS MEMBER 1.00 X 0 0 0 KATHLEEN PALKA-ARMSTRONG MEMBER 1.00 X 0 0 0 RACHEL RZAYEV ESQ VICE PRESIDENT 2.50 X X 0 0 0 ERIC LANDER MEMBER 1.00 X 0 0 0 ROBERT W SMITH IV MEMBER 1.00 X 0 0 0 JEANNETTE M MARCHANT MEMBER 1.00 X 0 0 0 RACHEL CERASANI CPA TREASURER 2.50 X X 0 0 0 STEPHANIE J SIMEON EXECUTIVE DIRECTOR 40.00 X 53846 0 0 53846 0 0 0 0 0 0 SURETY CONSTRUCTION CO 1 BRINKMAN STREET BUFFALO NY 14211 CONSTRUCTION 115305 1 627016 7840 634856 CONSULTING FEE 900099 8200 8200 DEVELOPER FEE 900099 3360 3360 11560 4170 -4170 -4170 -4170 MISCELLANEOUS 900099 183 183 183 642429 11560 0 -3987 53846 53846 86659 86659 24837 15319 9518 14177 8744 5433 6506 5855 651 7250 7250 1449 1449 8277 5744 2533 8520 7668 852 374 374 2857 2857 2000 2000 1186 1186 4173 2087 2086 PROGRAM EXPENSES 323600 323600 MISCELLANEOUS 9136 9136 PASS-THROUGH EXPENSE 7500 7500 POSTAGE 1531 1531 563878 481709 82169 0 5203 57739 69062 9400 5741 4791 24170 21144 6415 3026 32985 55589 119406 130545 89748 6665 29336 58814 45149 237033 237033 385595 318183 X -266189 -187638 -266189 -187638 119406 130545 78551 0 X X 0 1 X 1 0 X 243352 687689 643157 859390 634856 3068444 243352 687689 643157 859390 634856 3068444 3068444 61 16 2 79 5596 13579 4915 13781 183 38054 3106577 0.98770 0.98450 X 24170 21144 3026 3026 RESTRICTED GRANT FUNDS 29336 DUE FROM RELATED PARTY 26253 55589 X 646599 0 646599 -4170 -4170 642429 568048 4170 4170 563878 0 563878 PART X, LINE 2: THE AGENCY IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES AS AN ORGANIZATION QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE AGENCY HAS ALSO BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2015 AND 2014, THE AGENCY DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF PROPERTY HELD FOR SALE PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF PROPERTY HELD FOR SALE SCHEDULE D, PAGE XI, LINE 4B LOSS ON SALE OF PROPERTY HELD FOR SALE SCHEDULE D, PART XII, LINE 4B LOSS ON SALE OF PROPERTY HELD FOR SALE FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED WITH A REPRESENTATIVE OF THE AUDIT FIRM BY THE BOARD'S AUDIT/FINANCE COMMITTEE. AFTER MEETING, THE COMMITTEE MAKES A RECOMMENDATION TO THE FULL BOARD DURING A BOARD MEETING, AUTHORIZING THE PRESIDENT AND TREASURER TO SIGN AND FILE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BEFORE ANNUAL PERFORMANCE REPORTS ARE DUE TO NYS HOMES AND COMMUNITY RENEWAL, CONFLICT OF INTEREST FORMS ARE SENT OUT FOR BOARD MEMBERS TO COMPLETE, DUE AUGUST OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A ALL EMPLOYEE COMPENSATION REVIEWED AND APPROVED BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE UPON REQUEST. FORM 990 PART XII LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2015. CYNTHIA GARDENS HDFC 251 VIRGINIA STREET BUFFALO NY 14201 273976548 HOUSING NY 501(C)(3) LINE 7 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 CYNTHIA GARDEN HDFC E 26253 BOOK CYNTHIA GARDEN HDFC L 3360 FMV