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Invest Buffalo Niagara Foundation Inc

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

EIN: 825163781 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Invest Buffalo Niagara Foundation Inc?

Invest Buffalo Niagara Foundation Inc is a nonprofit organization situated in Buffalo, New York, at 257 Genesee Street 600. Their primary mission is to foster and encourage economic development in Western New York. They achieve this by collaborating with and providing funding to various organizations that share this goal. By investing in these organizations, they aim to contribute to the overall economic growth and development of the region.

Is Invest Buffalo Niagara Foundation Inc legitimate?

Invest Buffalo Niagara Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest Buffalo Niagara 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.


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

What is the mission statement of Invest Buffalo Niagara Foundation Inc?

The Invest Buffalo Niagara Foundation Inc serves as a platform to solicit charitable contributions, collaborate with, and financially support organizations that actively promote and stimulate economic growth in Western New York. Their mission is to develop programs and invest in organizations that foster and encourage economic development in the region, aiming to drive progress and improve the local economy. The foundation's activities are centered around collaborating with and funding these organizations to drive economic growth and development.

Who is the CEO of Invest Buffalo Niagara Foundation Inc?

Thomas A Kucharski is the Chair of Invest Buffalo Niagara Foundation Inc. The CEO's salary of Invest Buffalo Niagara Foundation Inc is $0 and their total compensation is $319,771.

What is the revenue of Invest Buffalo Niagara Foundation Inc?

Invest Buffalo Niagara Foundation Inc's revenue in 2022 was $316,516.

Who are the executives of Invest Buffalo Niagara Foundation Inc and what are their salaries?

There 3 volunteers at Invest Buffalo Niagara Foundation Inc.


Here are 5 key members and their salaries (Invest Buffalo Niagara Foundation Inc's CEO's salary is $0 and their total compensation is $319,771):


Anthony Spada Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Petrella (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Gandour (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Kucharski (President & Ceo)
  • Compensation: $0
  • Related: $310,373
  • Other: $9,398
Jenna Kavanaugh (Chief Operating Officer)
  • Compensation: $0
  • Related: $140,301
  • Other: $3,809
Where can I find the form 990 for Invest Buffalo Niagara Foundation Inc?

Invest Buffalo Niagara Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Invest Buffalo Niagara Foundation Inc

Invest Buffalo Niagara Foundation Inc, as a charitable organization, is committed to soliciting contributions and channeling them towards programs that stimulate and foster economic growth in Western New York. The foundation serves as a conduit, collaborating with and offering financial support to organizations that share this vision of economic advancement in the region. By investing in these organizations, Invest Buffalo Niagara Foundation Inc aims to contribute to the overall development and progress of Western New York's economy.

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Impact




October, 2024

Invest Buffalo Niagara Foundation Inc significantly contributes to economic development in Western New York by supporting organizations that drive growth and innovation in the region. By developing programs and collaborating with various partners, the foundation effectively addresses the unique challenges and opportunities within the community. Its focus on funding initiatives aimed at encouraging economic development plays a crucial role in enhancing the overall quality of life, attracting new businesses, and fostering job creation. Through these efforts, Invest Buffalo Niagara Foundation Inc helps to cultivate a thriving economic environment in Buffalo and its surrounding areas.




This information is meant to be a general summary of Invest Buffalo Niagara Foundation Inc. 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.

Revenue
$316,516 (2022)
Expenses
$151,575 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Gross Receipts: $316,516

Assets and Liabilities:

  • Total Assets: $421,403
  • Total Liabilities: $101,500
  • Net Assets: $319,903

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Organization Details

Founding Year

2018

Principal Officer

Thomas A Kucharski

Main Address

257 GENESEE STREET 600, BUFFALO, NY, 14202

NTEE Category

Code: S12 - Community improvement

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