Overview
What is Western Region Corporation?
Western Region Corporation is a nonprofit organization based in Buffalo, New York, specifically at 95 Perry Street 403, with a focus on supporting businesses in specific target areas. Their mission is to help businesses in the counties of Allegany, Cattaraugus, Chautauqua, Erie, and Niagara implement projects that have a substantial likelihood of creating new permanent jobs or retaining existing ones. By providing business development loans, Western Region Corporation aids financially struggling businesses in these regions to remain viable. Their activities directly contribute to local economic growth and job creation.
Is Western Region Corporation legitimate?
Western Region Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Region 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Western Region Corporation?
The Western Region Corporation's mission is to aid businesses in counties such as Allegany, Cattaraugus, Chautauqua, Erie, and Niagara. Their primary objective is to assist these businesses in implementing projects that have a substantial likelihood of creating new permanent jobs or retaining existing ones. This is particularly beneficial for businesses that require financial assistance to continue operating effectively. In addition to this, the corporation provides business development loans to companies located, or intending to locate, in specific target areas. The main aim is to stimulate economic growth and job creation within these regions.
What is the revenue of Western Region Corporation?
Western Region Corporation's revenue in 2024 was $22,250.
Who are the executives of Western Region Corporation and what are their salaries?
There 7 volunteers at Western Region Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Western Region Corporation?
Western Region Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Western Region Corporation
The Western Region Corporation is devoted to supporting businesses in specific counties by assisting them in implementing projects that have a substantial likelihood of creating new permanent jobs or retaining existing ones. This mission is particularly crucial for businesses that require financial aid to stay viable. The corporation achieves this goal by providing business development loans to companies situated, or aiming to establish, in specific target areas. By offering such financial assistance, the Western Region Corporation plays a significant role in fostering economic growth and job creation within the designated counties.
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Impact
August, 2024
Western Region Corporation's impact lies in its dedication to assisting businesses in specific counties to implement projects that result in the creation of new permanent jobs or the retention of existing jobs. By providing financial assistance and business development loans, Western Region Corporation plays a crucial role in supporting businesses that are vital to the economic sustainability of the region. Through its focus on community improvement and job creation, Western Region Corporation contributes to the overall growth and development of the local economy, fostering a more robust and prosperous business environment in the counties of Allegany, Cattaraugus, Chautauqua, Erie, and Niagara.
This information is meant to be a general summary of Western Region Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2024.
- Investment Income: $1,552
- Program Service Revenue: $20,698
- Gross Receipts: $22,250
Assets and Liabilities:
- Total Assets: $868,375
- Total Liabilities: $37,500
- Net Assets: $830,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$20,698
Organization Details
Founding Year
1979
Principal Officer
Richard Zink
NTEE Category
Code: S41Z - Community improvement
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