Overview
What is Buffalo Urban Development Corporation?
Buffalo Urban Development Corporation (BUDC) is a nonprofit organization situated in Buffalo, New York. Their primary mission is to bolster the urban economic development of the region. This is achieved by acquiring, remediating, and managing distressed properties. By doing so, BUDC aims to attract and retain businesses in the city, contributing positively to the region's growth. Additionally, BUDC serves as the lead management entity for Buffalo Building Reuse Project (BBRP) initiatives, collaborating with the City of Buffalo to coordinate financial assistance for downtown adaptive reuse projects and public right-of-way improvements. With a team of three dedicated individuals, BUDC plays a crucial role in revitalizing downtown Buffalo, thereby fostering a thriving urban environment.
Official website here: www.buffalourbandevelopment.com
Is Buffalo Urban Development Corporation legitimate?
Buffalo Urban Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Urban Development Corporation 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: $291,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buffalourbandevelopment.com
What is the mission statement of Buffalo Urban Development Corporation?
The Buffalo Urban Development Corporation's mission is centered around supporting the economic development of a specific region. This is achieved through the acquisition, remediation, and management of distressed properties. The organization also engages in various real estate development activities, with the goal of attracting and retaining businesses in the city. Additionally, Buffalo Urban Development Corporation plays a significant role in revitalizing downtown areas by serving as the lead management entity for specific projects, collaborating with local authorities, and providing financial assistance for adaptive reuse projects and public right-of-way improvements.
Official website here: www.buffalourbandevelopment.com
Who is the CEO of Buffalo Urban Development Corporation?
Brandye Merriweather is the Chairman of Buffalo Urban Development Corporation.
Official website here: www.buffalourbandevelopment.com
What is the revenue of Buffalo Urban Development Corporation?
Buffalo Urban Development Corporation's revenue in 2022 was $8,441,091.
Official website here: www.buffalourbandevelopment.com
Who are the executives of Buffalo Urban Development Corporation and what are their salaries?
The average compensation at Buffalo Urban Development Corporation during 2022 was $97,025. There are 3 employees and 18 volunteers at Buffalo Urban Development Corporation.
Here are 22 key members and their salaries:
- Brandye Merriweather (President)
- Rebecca Gandour (Executive Vice President)
- Hon Byron Brown (Chairman) [Trustee/Director]
- Dennis Penman (Director)
- Catherine Amdur (Director)
- Dottie Gallagher (Director)
- Janique Curry (Director)
- Dennis Elsenbeck (Director)
- Darby Fishkin (Director)
- Thomas Kucharski (Director)
- Brendan Mehaffy (Director)
- Kimberley Minkel (Director)
- David Nasca (Director)
- Rev Darius Pridgen (Director)
- Trina Burruss (Director)
- Thomas Halligan (Director)
- Elizabeth Holden (Director)
- Daniel Castle (Director)
- Nathan Marton (Director)
- Karen Utz (Director)
- Mollie Profic (Treasurer)
- Kevin Zanner (Secretary)
Official website here: www.buffalourbandevelopment.com
Where can I find the form 990 for Buffalo Urban Development Corporation?
The Buffalo Urban Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.buffalourbandevelopment.com
Learn more at the official website: www.buffalourbandevelopment.com
Mission Statement of Buffalo Urban Development Corporation
Buffalo Urban Development Corporation (BUDC) is dedicated to supporting the urban economic development efforts of its region. It achieves this mission by acquiring, remediating, and managing distressed properties. By engaging in related real estate development activities, BUDC aims to attract and retain new businesses, as well as support the existing ones, within the city.
In addition to its property management activities, BUDC also plays a significant role in the revitalization of downtown Buffalo. It serves as the lead management entity for Buffalo Building Reuse Project (BBRP) initiatives, working in collaboration with the city of Buffalo. This collaboration includes the coordination of financial assistance for downtown adaptive reuse projects and public right-of-way improvements.
In summary, Buffalo Urban Development Corporation's mission is to contribute to the urban economic development of its region through strategic property acquisition, remediation, and management. By supporting new and existing businesses and leading downtown revitalization efforts, BUDC plays a crucial role in boosting the local economy and improving the overall quality of life in the city.
Impact
This information is meant to be a general summary of Buffalo Urban Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Buffalo Urban Development Corporation is making a significant impact on the urban economic development efforts of the region by acquiring, remediating, and managing distressed properties. They are actively engaged in real estate development activities to attract and retain businesses in the city, contributing to the revitalization of downtown Buffalo. Through their Buffalo Building Reuse Project initiatives, in collaboration with the city of Buffalo, they are helping to coordinate financial assistance for adaptive reuse projects and public right-of-way improvements. Overall, their work is crucial in fostering community improvement and economic growth in Buffalo, NY.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST & COMMITMENT FEES
Revenue
$96,664
BROWNFIELD REDEVELOPMENT
Revenue
$36,183
Organization Details
Founding Year
1978
Phone
(716) 856-6525
Principal Officer
Brandye Merriweather
Main Address
95 PERRY STREET 404, BUFFALO, NY, 14203
NTEE Category
Code: S99 - Community improvement
If you are a representative of Buffalo Urban Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.