2023-11-08T10:44:52-06:00 2022-12-31 161451346 FLAHERTY SALMIN LLP 2300 BUFFALO RD BLDG 200 ROCHESTER NY 14624 990 2022-01-01 270580274 BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC BUFF 7168840356 429 PLYMOUTH AVE SUITE 1 BUFFALO NY 14213 DAWN WELLS-CLYBURN VICE PRESIDENT 7168840356 2023-11-07 1 DAWN WELLS-CLYBURN 999009999 1 DALE ROWLAND CPA P00648479 5852790120 2023-11-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAWN WELLS-CLYBURN 429 PLYMOUTH AVE SUITE 1 BUFFALO NY 14213 2195855 0 X N/A X 2009 NY TO DRIVE THE DEVELOPMENT THAT IS TRANSFORMING OLDER HOUSES AND APARTMENTS INTO GREEN, PERMANENTLY AFFORDABLE RENTAL HOUSING FOR BUFFALO'S WEST SIDE RESIDENTS. TO INCREASE ACCESS TO QUALITY AFFORDABLE HOUSING BY SUBSTANTIALLY INCREASING THE NUMBER OF UNITS BEING RENOVATED AND CONSTRUCTED EVERY YEAR, ENHANCE NEIGHBORHOOD FABRIC BY COORDINATING INVESTMENTS IN INFRASTRUCTURE AND REHABILITATE VACANT LOTS, PREVENT GENTRIFICATION AND DISPLACEMENT OF RESIDENTS BY ENSURING AFFORDABILITY OF BOTH RENTAL AND HOMEOWNER HOUSING UNITS, AND TO ACT AS A LAND BANK TO ACQUIRE VACANT HOUSING AND LOTS AND STABILIZE THEM IN PREPARATION FOR DEVELOPMENT. 3 3 18 0 0 0 1739752 1574827 183854 556312 76 17 884 64699 1924566 2195855 118767 0 0 0 550663 431678 0 0 0 1008050 457784 1677480 889462 247086 1306393 2376805 3771057 957318 1045177 1419487 2725880 X TO DRIVE THE DEVELOPMENT THAT IS TRANSFORMING OLDER HOUSES AND APARTMENTS INTO GREEN, PERMANENTLY AFFORDABLE RENTAL HOUSING FOR BUFFALO'S WEST SIDE RESIDENTS. TO INCREASE ACCESS TO QUALITY AFFORDABLE HOUSING BY SUBSTANTIALLY INCREASING THE NUMBER OF UNITS BEING RENOVATED AND CONSTRUCTED EVERY YEAR, ENHANCE NEIGHBORHOOD FABRIC BY COORDINATING INVESTMENTS IN INFRASTRUCTURE AND REHABILITATE VACANT LOTS, PREVENT GENTRIFICATION AND DISPLACEMENT OF RESIDENTS BY ENSURING AFFORDABILITY OF BOTH RENTAL AND HOMEOWNER HOUSING UNITS, AND TO ACT AS A LAND BANK TO ACQUIRE VACANT HOUSING AND LOTS AND STABILIZE THEM IN PREPARATION FOR DEVELOPMENT. 0 0 290596 53852 PUSH GREEN AND PUSH BLUEBNSC LAUNCHED PUSH GREEN,A PROGRAM WITH THE GOAL OF WEATHERIZING HOMES ACROSS THE REGION. BNSC'S CENTRAL ACHIEVEMENT IN SCALING UP NEW ENERGY EFFICIENCY RETROFITS IS GREEN JOBS - GREEN NY (GJGNY), AN INNOVATIVE LAW DRAFTED IN PARTNERSHIP WITH THE CENTER FOR WORKING FAMILIES IN NYC. BNSC HAS MADE SIGNIFICANT PROGRESS IN IMPLEMENTING GJGNY TO SCALE-UP THE RETROFIT SECTOR AND TO EXPAND ACCESS TO GREEN JOBS FOR LOW-INCOME WORKERS AND HAS UNDERTAKEN A MAJOR INITIATIVE TO PROMOTE GREEN INFRASTRUCTURE, STORMWATER MANAGEMENT, AND GREEN JOBS. PUSH BLUE IS AN INTENSIVE EFFORT TO COMBAT BUFFALO'S COMBINED SEWER OVERFLOW (CSO) PROBLEM. PUSH HAS COMPLETED 34 GREEN INFRASTRUCTURE PROJECTS TO DATE INCLUDING RAIN GARDENS, A GREEN ROOF, BIOSWALES, AND RAINWATER CATCHMENT SYSTEMS. 234857 COMMUNITY DEVELOPMENTBNSC CONDUCTS COMMUNITY DEVELOPMENT ACTIVITIES WHICH INCLUDE LAND BANKING, PROPERTY STABILIZATION, GREEN INFRASTRUCTURE, LANDSCAPE MANAGEMENT AND COMMUNITY PLANNING. FOR FUTURE DEVELOPMENT PROJECTS, BNSC ACQUIRES AND HOLDS PROPERTIES. BNSC ALSO ACQUIRES AND HOLDS VACANT LOTS FOR NEIGHBORHOOD STABILIZATION PURPOSES. MANY OF THESE VACANT LOTS SERVE AS DEMONSTRATION PROJECTS SUCH AS COMMUNITY GARDENS (BNSC MANAGES 70 COMMUNITY PLOTS IN FOUR GARDENS) AND RAIN GARDENS TO ADDRESS STORMWATER MANAGEMENT. BNSC'S LANDSCAPE MANAGEMENT DEPARTMENT INCLUDES A WORK YARD FOR EQUIPMENT, TOOLS AND SUPPLIES STORAGE, GREENHOUSE AND NURSERY GARDEN. 321255 141951 HOUSING DEVELOPMENTBNSC HAS DEVELOPED AN INNOVATIVE PROGRAM WITH DOCUMENTED EFFECTIVENESS TO ACQUIRE AND REHABILITATE RESIDENTIAL HOUSING AND VACANT LAND IN BUFFALO'S WEST SIDE. THE PROGRAM HAS ACCOMPLISHED RENOVATIONS OF MULTIPLE UNITS. BNSC ALSO INTEGRATES "GREEN" DEVELOPMENT INTO EACH OF ITS DEVELOPMENT PROJECTS INCLUDING A "NET ZERO" HOUSE ON WINTER STREET, INSTALLATION OF GREEN INFRASTRUCTURE SUCH AS ON-DEMAND WATER HEATERS, RADIANT FLOOR HEATING, SOLAR PANELS AND GEOTHERMAL HEATING SYSTEMS. 846708 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 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 1 0 0 0 1 22 0 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NY X DAWN WELLS-CLYBURN 7168840356 429 PLYMOUTH AVE STE 1 BUFFALO NY 14213 ROBERT JAHNKE PRESIDENT 1.00 X X 0 0 0 RAMONE ALEXANDER SECRETARY 1.00 X X 0 0 0 JIM ANDERSON TREASURER 1.00 X X 0 0 0 RAHWA GHIRMATZION VICE PRESIDENT 1.00 40.00 X 0 97078 0 DAWN WELLS-CLYBURN VICE PRESIDENT 1.00 40.00 X 0 63048 0 0 160126 0 0 0 0 0 0 1248870 52778 273179 1574827 DEVELOPER FEES 531390 360509 360509 RENTAL INCOME 531110 141951 141951 MAINTENANCE FEES 811000 53852 53852 556312 17 17 MISCELLANEOUS INCOME 531110 64699 64699 64699 2195855 621011 0 17 X 349866 327125 22741 49063 45380 3683 32749 30620 2129 5277 5277 100707 89113 11594 6677 6677 88623 88623 13070 13070 6737 6655 82 4413 3944 469 62509 62509 31871 30457 1414 PROPERTY STABILIZATION 43511 43511 DEVELOPMENT EXPENSE 25355 25355 PROPERTY TAXES 19190 19190 MISCELLANEOUS 18024 18024 31820 31178 642 889462 846708 42754 0 268717 173327 70000 270000 23627 143594 245154 245154 15105 8698 938935 561418 440026 377517 652510 652486 661666 1900281 2376805 3771057 59968 21985 282350 362342 615000 0 0 660850 957318 1045177 X 1419487 2725880 1419487 2725880 2376805 3771057 1306393 0 X 0 1 X 0 0 X 527498 357455 860382 1739752 1574827 5059914 527498 357455 860382 1739752 1574827 5059914 581246 4478668 77 36 5239 76 17 5445 21556 1565 884 64699 88704 5154063 2181273 0.86900 0.85220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11182 11182 754501 411651 342850 132211 132211 0 41041 17556 23485 377517 INVESTMENT IN MACH 412122 C PROPERTY HELD FOR DEVELOPMENT 240364 C 652486 CONSTRUCTION IN PROGRESS 371464 DEVELOPMENT ADVANCES 879492 OPERATING LEASE RIGHT-OF-USE 649325 1900281 DUE TO RELATED PARTY 11525 OPERATING LEASE LIABILITY 649325 660850 FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE SOLE MEMBER CORPORATION IN BNSC IS PEOPLE UNITED FOR SUSTAINABLE HOUSING, INC. (PUSH). THESE ENTITIES ARE ALSO RELATED THROUGH COMMON BOARD MEMBERS AND PUSH STAFF. THE ORGANIZATION IS GOVERNED BY A THREE-MEMBER BOARD OF DIRECTORS ELECTED BY THE PUSH BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE DRAFT FORM 990 IS REVIEWED IN DETAIL WITH THE SOLE MEMBER'S FINANCE COMMITTEE. THE TREASURER OF THE BOARD OF DIRECTORS OVERSEES THE NONATTEST SERVICES PROVIDED BY THE AUDITORS, INCLUDING PREPARATION OF THE FORM 990. THE SOLE MEMBER'S AUDIT COMMITTEE REVIEWS ALL REQUIRED SCHEDULES AND COMPARES THE FINANCIAL DATA TO THE AUDITED FINANCIAL STATEMENTS AND UNDERLYING SUPPORTING INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS MONITERED BY THE BOARD AND REVIEWED ANNUALLY. CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY A BOARD MEMBER FOR PROPRIETY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A OFFICERS AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE ORGANIZATION FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND THROUGH THE NY ATTORNEY GENERAL'S WEBSITE FORM 990, PART IX, LINE 11G CONSULTING FEES : PROGRAM SERVICE EXPENSES 89,113. TOTAL EXPENSES 89,113. PROFESSIONAL FEES : MANAGEMENT AND GENERAL EXPENSES 11,594. TOTAL EXPENSES 11,594. PEOPLE UNITED FOR SUSTAINABLE HOUSING INC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 203558447 AFFORDABLE HOUSING NY 501(C)(3) LINE_7_ORGANIZATION_ N/A 0 MASSACHUSETTS AVENUE HOUSING DEVELOPMENT 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 272382090 AFFORDABLE HOUSING NY 501(C)(3) LINE_7_ORGANIZATION_ PEOPLE UNITED FOR SUSTAINABLE HOUSING 0 MASSACHUSETTS AVENUE SUSTAINABLE HOMES 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 463864309 AFFORDABLE HOUSING NY 501(C)(3) LINE_7_ORGANIZATION_ PEOPLE UNITED FOR SUSTAINABLE HOUSING 0 417 HOUSING DEVELOPMENT FUND COMPANY INC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 832798323 AFFORDABLE HOUSING NY 501(C)(3) LINE_7_ORGANIZATION_ BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC 1 MASS AVE MANAGING MEMBER LLC 1201 EAST FAYETTE STREET STE 26 SYRACUSE NY 13210 371748359 REAL ESTATE NY BNSC HOLDING COMPANY LLC RELATED -24 525 0 0 0.49000 S77 LLC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 813422188 REAL ESTATE RENTAL NY S77 MM LLC RELATED -37 333127 0 1 0.00010 BNSC HOLDING COMPANY LLC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 901021772 REAL ESTATE NY BUFFALO NEIGHBORHOOD STABILIZATION COMPANY C -24 423344 1.00000 1 PUSH GRO INC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 811965501 GREENHOUSE NY PEOPLE UNITED FOR SUSTAINABLE HOUSING INC C 0 S77 MM LLC 429 PLYMOUTH AVENUE STE 1 BUFFALO NY 14213 320501086 REAL ESTATE RENTAL NY BUFFALO NEIGHBORHOOD STABILIZATION COMPANY C -37 333127 1.00000 1 0 0 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 S77 LLC K 60984 FAIR MARKET VALUE