irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $1.49MSEE DETAILED DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS FOR LINE #4B ON SCHEDULE O.
- #2 $1.11MSEE DETAILED DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS FOR LINE #4C ON SCHEDULE O.
named programs · 6 · from sources
What they call their work
Estate Planning Assistance
Free legal estate planning services for low-income homeowners in partnership with local legal aid organizations.
Green & Healthy Homes Initiative
No-cost education program promoting healthy housing behaviors and lead hazard control for low-income households in high-risk areas.
Homebuyer Education and Counseling
HUD-certified program offering free one-on-one counseling and workshops on first-time homebuying, financial management, foreclosure prevention, and credit counseling.
Housing Choice Voucher Program
Administers Section 8 vouchers to help low-income families, seniors, and individuals with disabilities secure affordable rental housing; made over $30 million in assistance payments annually.
Housing Rehabilitation Services
Provides financial assistance and technical support for critical home repairs, energy efficiency upgrades, and lead hazard reduction for low- to moderate-income homeowners in Western New York.
Veterans Affairs Supportive Housing (VASH)
Supports veterans in obtaining and maintaining stable housing through coordinated voucher assistance and supportive services.
activities · 7 groups
What they do
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Affordable Housing Development and Management 4 activities
- Manage affordable rental propertiesManages over 20 multi-family developments in Western New York, providing safe and affordable housing for seniors, individuals with disabilities, and families.
- Provide affordable housing development and preservationProduces and preserves affordable housing units through new construction, rehabilitation of vacant properties, and adaptive reuse projects; has built over 2,000 residential units since 1982 with more than $120 million in construction investment.
- Provide affordable housing services to low- and moderate-income householdsServes over 15,000 low-income households annually with a range of housing and financial stability services across Western New York.
- Provide property management consulting servicesOffers property management consulting services to support effective operations of affordable housing developments.
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First-Time Homebuyer Support Services 4 activities
- Offer homeownership opportunities and supportSells affordable homes to qualified first-time homebuyers through redevelopment projects, offers homebuyer education workshops, and provides one-on-one counseling on credit, financial planning, and homebuying processes.
- Provide foreclosure prevention and financial counselingOffers private foreclosure prevention counseling, including loss mitigation and loan modification support, along with financial management counseling and referrals for home improvement financing.
- Provide free legal estate planning services for homeownersPartners with legal nonprofits to offer free estate planning services to homeowners, helping to ensure long-term housing stability and asset protection.
- Provide housing counseling and financial educationOffers free rental and homeownership counseling, financial coaching, budgeting, credit management, and life skills training through HUD-certified programs at community centers and offices, serving over 2,500 households annually.
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Neighborhood Revitalization Initiatives 1 activity
- Administer community development and housing programsAdministers $10.2 million in community development programs and leverages approximately $10 million annually in affordable housing development funds to support housing initiatives in Western New York.
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Section 8 Housing Voucher Administration 1 activity
- Administer housing choice voucher programsAdministers Section 8 voucher programs including the Erie County PHA Consortium and City of North Tonawanda programs, processing applications, issuing waitlist placements, and providing rental assistance to over 6,000 families monthly.
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Home Repair Assistance for Low-Income Households 1 activity
- Conduct home repair and rehabilitation programsProvides financial and technical assistance for essential home repairs, energy efficiency upgrades, and lead hazard reduction to enhance housing stability and safety for low-income homeowners.
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Emergency Rental Assistance and Eviction Prevention 1 activity
- Deliver rental assistance paymentsGenerates over $30 million annually in rental assistance payments to property owners through federal and local voucher programs, supporting housing stability for low-income households.
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Affordable Home Construction & Rehabilitation 1 activity
- Rehabilitate vacant propertiesRehabilitates vacant residential and commercial units in low-income areas, including over 200 properties in Buffalo in one year, to increase affordable housing stock.
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financials · form 990 · fy2024
revenue
Total revenue$9.05M
Contributions & grants$2.37M26%
Program service revenue$5.93M66%
Investment income$310K3%
Other revenue$436K
expenses
Total expenses$8.94M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$7.16M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$18.18M
Cash$512K
Investments$3.94M
Liabilities$5.27M
Net assets$12.91M
Liquid reserves6.0 mo
4 years on record · 2020–2024 · YoY revenue +4.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MICHAEL D RIEGEL | PRESIDENT | 31 | $219K |
| BRAD PACKARD | CHIEF OPERATING OFFICER | 31 | $170K |
| AARON HEJMOWSKI | CFO/BOARD TREASURER | 31 | $160K |
| PAMELA BERGER | VICE PRESIDENT/SECRETARY | 31 | $158K |
| JOYELLE TEDESCHI | VP OF HOUSING | 31 | $152K |
| ERIC SCHIFFMAN | SENIOR HOUSING REHAB PROGRAMS MANAGER | 40 | $125K |
| LYNN AUGUSTYNIAK | HUMAN RESOURCES MANAGER | 40 | $115K |
board members · 9
- BRUCE C BAIRD — BOARD MEMBER
- DONNA MOSTILLER — BOARD MEMBER
- ED NEGRON — BOARD MEMBER
- ELIZABETH HUCKABONE — BOARD MEMBER
- JILL SZALACH — BOARD MEMBER
- KELLY PATTERSON — BOARD MEMBER/BOARD CHAIR
- RODNEY RICHARDSON — BOARD MEMBER
- SCOTT DELUCA — BOARD MEMBER
- THOMAS ULBRICH — BOARD MEMBER
relationships · 71
Who they work with
- Attorney General Government — New York State government office providing funding or program support
- BENLIC Partner — Partner in the Building Buffalo Roots initiative to provide affordable homeownership opportunities.
- BENLIC Partner — Partner organization collaborating with Belmont Housing Resources for WNY
- Bank of America Charitable Foundation Funder — Funder of Belmont Housing Resources for WNY
- Center for Elder Law & Justice Partner — Provides legal services for free estate planning program
- Center for New York City Neighborhoods Partner — Partner organization collaborating with Belmont Housing Resources for WNY
- Citizens Bank Foundation Funder — Funder of Belmont Housing Resources for WNY
- City of Buffalo Government — Provides financial support for housing counseling services.
- City of Buffalo Partner — Partner in the Building Buffalo Roots initiative to provide affordable homeownership opportunities.
- City of Buffalo Partner — Partnership to rehabilitate vacant properties and expand affordable housing opportunities.
- City of Buffalo Urban Renewal Agency Partner — Partners with Belmont to administer the Lead Hazard Reduction Program and other housing rehabilitation initiatives.
- City of North Tonawanda Partner — Administers the Housing Choice Voucher program in partnership with the City of North Tonawanda.
- City of North Tonawanda Partner — Partnership to rehabilitate vacant properties and expand affordable housing opportunities.
- Community Bank Funder — Funder of Belmont Housing Resources for WNY
- Community Foundation for Greater Buffalo Funder — Funder of Belmont Housing Resources for WNY
- Community Services for Every1 Partner — Partner organization collaborating with Belmont Housing Resources for WNY
- Department of Housing and Urban Development Government — Federal government agency providing funding or program support
- Department of Veterans Affairs Government — Federal government agency providing funding or program support
- Elder Law & Justice Partner — Partnership to provide free estate planning services to homeowners.
- Empire State Development Corporation Government — New York State government agency providing funding or program support
- Erie County Government — Provides funding support for housing programs.
- Erie County Partner — Collaborates to implement the Lead Hazard Control Program for qualifying families and property owners.
- Erie County Partner — Partner in the Building Buffalo Roots initiative to provide affordable homeownership opportunities.
- Erie County PHA Consortium Partner — Administers the Housing Choice Voucher program in partnership with Erie County PHA Consortium.
- Federal Home Loan Bank Government — Utilizes Affordable Housing Program funds from the Federal Home Loan Bank to support housing development.
- Federal Home Loan Bank of New York Funder — Funder of Belmont Housing Resources for WNY
- Five Star Bank Funder — Funder of Belmont Housing Resources for WNY
- Green & Healthy Homes Initiative of Buffalo Partner — Participates in this public-private partnership to provide no-cost resident education on healthy housing practices.
- HUD Government — Receives Community Development Block Grants (CDBG) funding from HUD for affordable housing projects.
- HUD Certified Housing Counseling Agency Partner — Partner organization through which applicants must complete required homebuyer education.
+ 41 more
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Equity-Centered Housing Counseling and Financial Educationmethodology: equity-centered-housing-counselingBy providing financial education and equity-centered housing counseling, the organization promotes long-term housing stability and self-sufficiency, because addressing systemic barriers and building financial capability enables low- to moderate-income households to achieve and maintain homeownership.
- Housing Rehabilitation as a Pathway to Affordable Homeownershipmethodology: affordable-homeownership-through-rehabilitationBy rehabilitating vacant properties in partnership with municipalities and providing financial support for home repairs, the organization expands affordable homeownership opportunities and improves housing stability, because revitalizing underutilized housing stock increases supply while promoting safe, energy-efficient homes for first-time buyers.
- Housing Stability as Foundational to Improved Life Outcomesmethodology: housing_stability_as_foundationalBy ensuring access to safe, healthy, and affordable housing through tenant-based rental assistance and quality compliance, the organization enables improved life outcomes, because stable housing serves as a platform for economic mobility, health, and family well-being.
- Legal Partnerships to Preserve Homeownershipmethodology: legal_partnership_modelBy partnering with legal organizations to deliver free estate planning services, the organization helps low-income homeowners protect their assets and avoid displacement, because legal protection reduces barriers to intergenerational wealth preservation and home retention.
- Wraparound Support Services for Long-Term Self-Sufficiencymethodology: wraparound_support_servicesBy integrating financial literacy, life skills, and job training with housing services, the organization fosters long-term self-sufficiency, because housing stability is strengthened when accompanied by holistic support that addresses economic and social determinants of success.