43North Foundation Inc

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

EIN: 861647131 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

Overview

What is 43North Foundation Inc?

43North Foundation Inc is a nonprofit organization located in Buffalo, New York, specifically at 1 West Seneca Street, 24th Floor. The primary mission of this organization is to foster technological innovation and economic growth in the Buffalo/Niagara region. They achieve this by investing in organizations, ideas, and innovations, aiming to elevate Buffalo to its full potential. By providing financial and entrepreneurial support, 43North Foundation Inc aims to contribute significantly to Buffalo's transformation into a beacon of technological advancement and a thriving economy.


Official website here: www.43northfoundation.org

Is 43North Foundation Inc legitimate?

43North Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 43North Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.43northfoundation.org

What is the mission statement of 43North Foundation Inc?

The 43North Foundation Inc's mission is to foster opportunities by financially supporting organizations, innovative ideas, and ventures. Their goal is to transform a region into a hub of technological innovation and economic growth. In essence, they aim to infuse their area with prospects by investing in various sectors, ultimately striving to make it the best it can be.


Official website here: www.43northfoundation.org

Who is the CEO of 43North Foundation Inc?

William Maggio is the Chairman of 43North Foundation Inc.


Official website here: www.43northfoundation.org

What is the revenue of 43North Foundation Inc?

43North Foundation Inc's revenue in 2022 was $830,910.


Official website here: www.43northfoundation.org

Who are the executives of 43North Foundation Inc and what are their salaries?

Here are 6 key members and their salaries:

    William Maggio (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Petrie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Reich (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Schreiber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Levy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Pete Grum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.43northfoundation.org

    Where can I find the form 990 for 43North Foundation Inc?

    The 43North Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.43northfoundation.org

    Learn more at the official website: www.43northfoundation.org

    Mission Statement of 43North Foundation Inc

    43North Foundation Inc is committed to enhancing opportunities in its region by investing in organizations, ideas, and innovation. Its mission is to elevate the area, striving to make it the best it can be, with a focus on fostering technological innovation and economic growth. The Foundation aims to infuse the region with possibilities, contributing financially and entrepreneurially to shape it into a beacon of advancement and prosperity.

    Impact

    This information is meant to be a general summary of 43North Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    43North Foundation Inc is actively working to transform Buffalo into a hub of technological innovation and economic growth by providing financial and entrepreneurial support to organizations and ideas. Through their mission to infuse the Buffalo/Niagara region with opportunities, 43North is making significant strides in advancing the local community and positioning the city as a beacon of progress. By investing in innovation and supporting local entrepreneurs, 43North is playing a crucial role in fostering economic development and driving positive change in the region.





    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: $830,910
  • Program Service Revenue: $0
  • Gross Receipts: $830,910

    • Assets and Liabilities:
  • Total Assets: $47,245,822
  • Total Liabilities: $18,000
  • Net Assets: $47,227,822
  • Organization Details

    Founding Year

    2020

    Principal Officer

    William Maggio

    Main Address

    1 WEST SENECA STREET 24TH FLR, BUFFALO, NY, 14203

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of 43North Foundation Inc 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.