Erie Regional Housing Development Corp
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 51
- Location
- Buffalo, NY
- Founding
- 08/1999
- Data as of
- 06/2022
- EIN
- 16-1559032
Organization Overview
Erie Regional Housing Development Corp, operating under the name The Belle Center, is located in Buffalo, NY. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Belle Center employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belle Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Belle Center generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ERIE REGIONAL HOUSING DEVELOPMENT CORPORATION IS A NON-PROFIT ORGANIZATION THAT WAS FOUNDED IN 1976 WITH ONE MISSION: TO OFFER INNOVATIVE EDUCATIONAL, SOCIAL AND COMMUNITY BUILDING SERVICES FOR CHILDREN, YOUTH, SENIOR CITIZENS AND FAMILIES IN THE WESTERN NEW YORK AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT: CLIENTS WILL ENGAGE IN ACTIVITIES WHICH FOCUS ON DEVELOPING POSITIVE RELATIONSHIPS WITH OTHERS, LEADERSHIP AND PLANNING, SKILLS NEEDED FOR SUCCESS IN THE WORKFORCE/ENTREPRENEURSHIP, AND EXPOSURE TO DIFFERENT CAREERS, VOLUNTEER OR INTERNSHIP OPPORTUNITIES. OTHER ACTIVITIES INCLUDE MOCK INTERVIEWS, DEVELOPING ON-THE-JOB SKILLS (SOFT SKILLS OR TECHNICAL SKILLS), JOB SHADOWING, COMPLETING ONLINE AND IN PERSON JOB APPLICATIONS, AND CONNECTING TO PART-TIME OR SUMMER EMPLOYMENT OPPORTUNITIES.
OUT OF SCHOOL TIME: OPPORTUNITIES FOR CLIENTS TO ENGAGE IN ORGANIZED SPORTS OR FITNESS ACTIVITIES. EXAMPLES FOR YOUNGER CLIENTS INCLUDE SPORTS CLINICS, SWIM INSTRUCTION, CAMPS, LEAGUES OR E-SPORTS. MAY INCLUDE NONTRADITIONAL SPORTS. EXAMPLES FOR OLDER CLIENTS INCLUDE WALKING CLUBS, YOGA, TAI CHI, SILVER SNEAKERS, LINE DANCE, PICKLE BALL, ETC.
EVENING: OUR EVENING PREVENTION PROGRAM CURRICULUM INVOLVES SPORTS, EXERCISE, PHYSICAL TRAINING WHICH SERVE AS "HOOK AND INCLUDE SUBSTANCE ABUSE, VIOLENCE PREVENTION AND LIFE SKILLS TRAINING. OCCASIONAL SCHEDULED WORKSHOPS IN LIFE SKILLS, PREVENTION WORKSHOPS USING THE EVIDENCE BASED "TOO GOOD" SERIES PRINCIPLES AND PARTNER WORKSHOPS FEATURING VISITING SPECIALISTS INCLUDING PROFESSIONAL COACHES ARE AN INTEGREATED CURRICULAR WHOLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Candelario Executive Director | Officer | 40 | $77,071 |
Clavon Herr Director Of Finance | Officer | 40 | $40,420 |
Oswaldo Master Jr President | OfficerTrustee | 5 | $0 |
Misael Hernandez Vice-President | OfficerTrustee | 5 | $0 |
Fran Barone Treasurer | OfficerTrustee | 5 | $0 |
Michelle R Moore Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $802,094 |
| All other contributions, gifts, grants, and similar amounts not included above | $278,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,080,572 |
| Total Program Service Revenue | $358,704 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,448,127 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,376 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,758 |
| Compensation of current officers, directors, key employees. | $105,448 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $609,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,701 |
| Payroll taxes | $71,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,854 |
| Advertising and promotion | $525 |
| Office expenses | $1,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,414 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,117 |
| Insurance | $48,825 |
| All other expenses | $567 |
| Total functional expenses | $1,140,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $994,974 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $292,985 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $311,269 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,599,228 |
| Accounts payable and accrued expenses | $49,476 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,476 |
| Net assets without donor restrictions | $1,519,752 |
| Net assets with donor restrictions | $30,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,599,228 |
Grants Awarded
Over the last fiscal year, Erie Regional Housing Development Corp has awarded $18,670 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Mayaguez, PR PURPOSE: COMPUTERS | $6,335 |
Mayaguez, PR PURPOSE: COMPUTERS | $6,335 |
Buffalo, NY PURPOSE: BACKPACKS | $2,000 |
Buffalo, NY PURPOSE: BACKPACKS | $2,000 |
Buffalo, NY PURPOSE: HURRICANE RELIEF, AND EARTHQUAKE RELIEF | $1,000 |
Buffalo, NY PURPOSE: HURRICANE RELIEF, AND EARTHQUAKE RELIEF | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Erie Regional Housing Development Corp has recieved totaling $166,538.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: UNRESTRICTED USE; SKIP TO THE BELLE; REMOTE LEARNING PROGRAMMING FOR STUDENTS | $111,500 |
United Way Of Buffalo And Erie County Buffalo, NY PURPOSE: UNITED WAY WORKS | $48,028 |
John R Oishei Foundation Buffalo, NY PURPOSE: COVID-19 RECOVERY FOR THE BELLE CENTER | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |