Nonprofit · EIN 16-1075435
TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · BUFFALO, NY 14203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,305,758 | $1,131,954 | $173,804 | $3,375,440 | $3,173,866 | $201,574 |
| December 31, 2024 | 990 | $1,260,625 | $1,137,207 | $123,418 | $3,306,983 | $3,279,213 | $27,770 |
| December 31, 2023 | 990 | $1,216,430 | $1,076,375 | $140,055 | $3,271,077 | $3,366,725 | -$95,648 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,294,869
- Investment income
- $4,022
- Other revenue
- $6,867
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $277,458
- Salaries, compensation and benefits (total)
- $355,229
- Professional fundraising fees
- $0
- Legal fees
- $2,693
- Accounting fees
- $4,985
- Occupancy
- $99,659
- Depreciation
- $69,741
- Program services (functional)
- $795,278
- Management and general (functional)
- $336,676
Balance sheet and other
- Total assets, start of year
- $3,306,983
- Total assets, end of year
- $3,375,440
- Total liabilities, end of year
- $3,173,866
- Net assets, end of year
- $201,574
- Land, buildings and equipment
- $1,284,333
- Net assets without donor restrictions
- $201,574
- Gross receipts
- $1,305,758
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1976
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEACON STEVE SCHUMER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| REV PETER J KARALUS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ALBERT GRESS | TREASURER Trustee or director, Officer | 0.5 | $0 |
| MELISSA POTZLER | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MOST REV MICHAEL W FISHER | DIRECTOR Trustee or director | 0.5 | $0 |
| SR MARY MCCARRICK OSF | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT GOODS | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEACON STEVE SCHUMER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| REV PETER J KARALUS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ALBERT GRESS | TREASURER Trustee or director, Officer | 0.5 | $0 |
| MELISSA POTZLER | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MOST REV MICHAEL W FISHER | DIRECTOR Trustee or director | 0.5 | $0 |
| SR MARY MCCARRICK OSF | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT GOODS | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEACON STEVE SCHUMER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| REV PETER J KARALUS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ELLEN MUSIALOWSKI | TREASURER Trustee or director, Officer | 0.5 | $0 |
| MELISSA POTZLER | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MOST REV MICHAEL W FISHER | DIRECTOR Trustee or director | 0.5 | $0 |
| SR MARY MCCARRICK OSF | DIRECTOR Trustee or director | 0.5 | $0 |
| MOLLY OLIVER | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 525 WASHINGTON ST, BUFFALO, NY 14203-1711
- In care of
- % CHRISTOPHER COMMUNITY
- Principal officer (990 for 2025)
- ALBERT GRESS, 525 WASHINGTON STREET, BUFFALO, NY 14203
- Signed the 990
- ALBERT GRESS, TREASURER
- Phone
- (716) 847-1635
- Website
- WWW.DELTADEVELOPMENTWNY.ORG
- Return prepared by
- EFPR ADVISORY LLC
Mission
TO PROVIDE LOW-INCOME HOUSING.
Program accomplishments
- TO PROVIDE ELDERLY, HANDICAPPED, AND PERSONS OF LOW-INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.Expenses $795,278 · revenue $1,294,869
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1075435
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $3,375,440
- Income (IRS master file)
- $1,305,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,305,758 | $1,131,954 | $3,375,440 | XML |
| 990 | December 2024 | $1,260,625 | $1,137,207 | $3,306,983 | XML |
| 990 | December 2023 | $1,216,430 | $1,076,375 | $3,271,077 | XML |
| 990 | December 2022 | $1,169,831 | $1,146,874 | $3,228,704 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1075435).
Questions about TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC is 16-1075435.
- Is TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 names ALBERT GRESS.
- Who are the officers and directors of TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,305,758, expenses of $1,131,954 and total assets of $3,375,440 at year end.
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