Overview
What is Buffalo Brownfield Restoration Corporation?
Buffalo Brownfield Restoration Corporation is a nonprofit organization primarily focused on revitalizing and redeveloping Brownfield properties and buildings in Buffalo's urban center. Their mission is to revitalize downtown, transforming neglected areas into vibrant, sustainable communities. This endeavor involves the restoration and renovation of underutilized or contaminated properties, thereby contributing to the overall development and enhancement of the city.
Official website here: www.buffalourbandevelopment.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Buffalo Brownfield Restoration Corporation has received a low rating of 57%, indicating potential concerns regarding its financial management and operational effectiveness. While it boasts a strong independent board with 100% of its members being independent and has established solid policies for conflict of interest and whistleblowing, these strengths are overshadowed by a concerning financial picture.
The organization has reported a program expense ratio of 0%, which means that it currently allocates no funds to its programs, raising significant red flags regarding its impact and mission fulfillment. Additionally, the liabilities to assets ratio is notably low at 1.76%, further indicating potential issues in financial sustainability and resource allocation.
Despite its solid governance practices, the lack of program expenses and financial transparency may hinder the Buffalo Brownfield Restoration Corporation's ability to effectively carry out its mission. Potential donors and stakeholders may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Brownfield Restoration Corporation legitimate?
Buffalo Brownfield Restoration Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Brownfield Restoration 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:
Executive Compensation: $0
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 Brownfield Restoration Corporation?
Buffalo Brownfield Restoration Corporation's mission is centered around the redevelopment of Brownfield properties and buildings within urban areas. Specifically, their focus is on revitalizing downtown areas. This organization plays a crucial role in transforming underutilized or contaminated properties into thriving, economically viable locations, contributing to the overall improvement of urban communities.
Official website here: www.buffalourbandevelopment.com
Who is the CEO of Buffalo Brownfield Restoration Corporation?
Rebecca Gandour is the Director of Buffalo Brownfield Restoration Corporation.
Official website here: www.buffalourbandevelopment.com
What is the revenue of Buffalo Brownfield Restoration Corporation?
Buffalo Brownfield Restoration Corporation's revenue in 2022 was $34,755.
Official website here: www.buffalourbandevelopment.com
Who are the executives of Buffalo Brownfield Restoration Corporation and what are their salaries?
There 11 volunteers at Buffalo Brownfield Restoration Corporation.
Here are 10 key members and their salaries:
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- Related: $105,748
- Other: $29,467
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- Related: $118,647
- Other: $23,101
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Official website here: www.buffalourbandevelopment.com
Where can I find the form 990 for Buffalo Brownfield Restoration Corporation?
Buffalo Brownfield Restoration 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 Brownfield Restoration Corporation
Buffalo Brownfield Restoration Corporation is dedicated to the transformation of Brownfield properties and structures within the city. Its primary mission is centered around the development of downtown areas, aiming to breathe new life into underutilized or contaminated sites. By focusing on the redevelopment of these properties, the organization contributes to the overall improvement and revitalization of the urban landscape.
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Impact
August, 2024
Buffalo Brownfield Restoration Corporation has made a significant impact on the development of downtown Buffalo by redeveloping Brownfield properties and buildings. Their efforts have not only revitalized underutilized spaces but have also contributed to the overall improvement of the community. Through their work, they have helped to enhance the city's landscape and promote economic growth in the area.
This information is meant to be a general summary of Buffalo Brownfield Restoration 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 2022.
- Investment Income: $34,755
- Gross Receipts: $34,755
Assets and Liabilities:
- Total Assets: $3,608,654
- Total Liabilities: $41,203
- Net Assets: $3,567,451
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Organization Details
Founding Year
2005
Phone
(716) 856-6525Principal Officer
Rebecca Gandour
Main Address
95 PERRY STREET 404, BUFFALO, NY, 14203
NTEE Category
Code: S31 - Community improvement
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