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Central Terminal Restoration Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161536196 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

Overview

What is Central Terminal Restoration Corp?

Central Terminal Restoration Corp is a nonprofit organization based in Buffalo, New York. Their primary mission is to preserve and promote the iconic Buffalo Central Terminal, transforming it into a long-term cultural and economic hub for the community. They accomplish this through various activities, such as organizational capacity building, real estate development planning, capital improvements, and building maintenance. Additionally, they coordinate community events and activities to engage with local residents. With a small team of two employees, Central Terminal Restoration Corp is dedicated to revitalizing this historic landmark and contributing positively to the community's culture and economy.


Official website here: www.buffalocentralterminal.org

Is Central Terminal Restoration Corp legitimate?

Central Terminal Restoration Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Terminal Restoration Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $102,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,504

For more financial information, click here


Official website here: www.buffalocentralterminal.org

What is the mission statement of Central Terminal Restoration Corp?

The Central Terminal Restoration Corp's mission is to transform the iconic Buffalo Central Terminal into a lasting cultural and economic hub for the community. This is accomplished through various initiatives, such as organizational capacity building, real estate development planning, capital improvements and building maintenance, and coordinating community events and activities. The organization's goal is to promote, preserve, and reuse this historic landmark, contributing to the community's cultural and economic growth.


Official website here: www.buffalocentralterminal.org

Who is the CEO of Central Terminal Restoration Corp?

James Morrell is the Chair of Central Terminal Restoration Corp.


Official website here: www.buffalocentralterminal.org

What is the revenue of Central Terminal Restoration Corp?

Central Terminal Restoration Corp's revenue in 2022 was $792,090.


Official website here: www.buffalocentralterminal.org

Who are the executives of Central Terminal Restoration Corp and what are their salaries?

The average compensation at Central Terminal Restoration Corp during 2022 was $81,002. There are 2 employees and 70 volunteers at Central Terminal Restoration Corp.

Here are 12 key members and their salaries:

    Monica Pellegrino Faix (Executive Director)
  • Compensation: $102,500
  • Related: $0
  • Other: $0

    • Stephanie Clark (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Morrell (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Kucharski (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Jiloty (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie O'Neil White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Beauford Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Nisengard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gustavo Lima (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Skompinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yuri Hreshchyshyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.buffalocentralterminal.org

    Where can I find the form 990 for Central Terminal Restoration Corp?

    The Central Terminal Restoration Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.buffalocentralterminal.org

    Learn more at the official website: www.buffalocentralterminal.org

    Mission Statement of Central Terminal Restoration Corp

    Central Terminal Restoration Corp, a notable organization, is committed to transforming the Buffalo Central Terminal into a lasting cultural and economic hub for the community. Their mission is twofold: firstly, they aim to preserve this majestic historic landmark, ensuring its longevity and significance for future generations. Secondly, they strive to revitalize the terminal, turning it into a vibrant hub that contributes to the community's economy and culture. To achieve this, Central Terminal Restoration Corp engages in various activities, including building organizational capacity, planning real estate development, carrying out capital improvements and maintenance, and coordinating community events and activities. By doing so, they contribute to the overall well-being and enrichment of the community, making the Buffalo Central Terminal a cherished and vital part of their shared heritage.

    Impact

    This information is meant to be a general summary of Central Terminal Restoration Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Central Terminal Restoration Corp's impact is significant in revitalizing the Buffalo Central Terminal, a majestic historic landmark, into a lasting cultural and economic hub for the community. Through their efforts in promotion, preservation, and reuse of the terminal, they contribute to the enhancement of Buffalo's cultural heritage and economic development. Their activities in organizational capacity building, real estate development planning, capital improvements, building maintenance, and community event coordination all work towards the restoration and activation of this iconic structure, benefiting the community and fostering a sense of pride in the city's history and architecture.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $792,090

    • Assets and Liabilities:
  • Total Assets: $17,029,607
  • Total Liabilities: $9,604,580
  • Net Assets: $7,425,027
  • Organization Details

    Founding Year

    1997

    Principal Officer

    James Morrell

    Main Address

    PO BOX 51, BUFFALO, NY, 14212

    NTEE Category

    Code: A80 - Arts

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