2026-05-28T10:44:21-05:00 2025-12-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2025-01-01 222413596 BUFFALO & ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION BUFF 7168566525 95 PERRY STREET 403 BUFFALO NY 14203 JOHN CAPPELLINO PRESIDENT/CEO 7168566525 2026-05-18 1 SETH D HENNARD P02490085 7168563300 2026-05-18 2025 2025-03-06 01:10:19Z JOHN CAPPELLINO 95 PERRY STREET 403 BUFFALO NY 14203 3000859 0 X WWW.ECIDANY.COM X 1981 NY BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION (ILDC) IS AN ISSUER OF TAX-EXEMPT BOND FINANCING FOR NOT-FOR-PROFIT ENTITIES. ADDITIONALLY, IT WAS INCORPORATED FOR THE PURPOSE OF PARTICIPATING IN THE ACQUISITION AND DEVELOPMENT OF INDUSTRIAL SITES AND TO PROVIDE FINANCIAL ASSISTANCE FOR THE ACQUISITION OR RENOVATION OF FIXED ASSETS BY INDUSTRIAL COMPANIES LOCATING OR EXPANDING IN ERIE COUNTY. THE ILDC MANAGES A REVOLVING LOAN FUND DEDICATED TO IMPROVING ECONOMIC CONDITIONS IN ERIE COUNTY. 7 7 0 7 0 0 1469378 2404863 357434 568773 126013 3256 7084 23967 1959909 3000859 0 0 0 0 0 0 0 0 0 2138665 3043819 2138665 3043819 -178756 -42960 17096469 16787306 9689669 9423466 7406800 7363840 X BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION (ILDC) IS AN ISSUER OF TAX-EXEMPT BOND FINANCING FOR NOT-FOR-PROFIT ENTITIES. ADDITIONALLY, IT WAS INCORPORATED FOR THE PURPOSE OF PARTICIPATING IN THE ACQUISITION AND DEVELOPMENT OF INDUSTRIAL SITES AND TO PROVIDE FINANCIAL ASSISTANCE FOR THE ACQUISITION OR RENOVATION OF FIXED ASSETS BY INDUSTRIAL COMPANIES LOCATING OR EXPANDING IN ERIE COUNTY. THE ILDC MANAGES A REVOLVING LOAN FUND DEDICATED TO IMPROVING ECONOMIC CONDITIONS IN ERIE COUNTY. 0 0 2972614 592740 ILDC HAS A SHARED SERVICES AGREEMENT UNDER WHICH ADMINISTRATIVE AND STAFFING SERVICES ARE PROVIDED TO ILDC IN CONNECTION WITH BOND ISSUANCES IN EXCHANGE FOR THE ADMINISTRATIVE FEES RECEIVED BY ILDC RELATED TO THESE BOND TRANSACTIONS. ADDITIONALLY, ILDC HAS INCURRED EXPENSES ASSOCIATED WITH BLIGHTED LAND THAT IS IN THE PROCESS OF REMEDIATION. 2972614 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X MOLLIE PROFIC 7168566525 95 PERRY STREET SUITE 403 BUFFALO NY 14203 MARK POLONCARZ CHAIRMAN 0.50 1.00 X X 0 0 0 DENISE ABBOTT DIRECTOR (THRU 11/2025) 0.50 1.00 X 0 0 0 GRACE BOGDANOVE DIRECTOR (EFF 12/2025) 0.50 1.00 X 0 0 0 DANIEL CASTLE DIRECTOR 0.50 0.00 X 0 0 0 ZACHARY EVANS DIRECTOR (EFF 6/2025) 0.50 0.00 X 0 0 0 RICHARD LIPSITZ DIRECTOR (THRU 5/2025) 0.50 1.00 X 0 0 0 TIMOTHY MEYERS DIRECTOR (EFF 1/2025) 0.50 0.00 X 0 0 0 CHRISTOPHER SCANLON DIRECTOR 0.50 1.00 X 0 0 0 TAISHA ST JEAN-TARD DIRECTOR (EFF 1/2025) 0.50 1.00 X 0 0 0 JOHN CAPPELLINO PRESIDENT/CEO 4.00 33.50 X 0 209671 45495 ELIZABETH O'KEEFE VICE PRESIDENT AND SECRETARY 0.00 37.50 X 0 130607 25927 MOLLIE PROFIC TREASURER 0.25 28.00 X 0 126839 42365 GRANT LESSWING DIRECTOR OF BUSINESS DEVELOPMENT 0.00 37.50 X 0 124575 24475 GERALD MANHARD CHIEF LENDING OFFICER 0.75 36.75 X 0 108417 22898 ANDREW FEDERICK DIRECTOR OF PROPERTY DEVELOPMENT 28.00 9.50 X 0 104565 23080 BRIAN KRYGIER DIRECTOR OF INFORMATION TECHNOLOGY 0.00 37.00 X 0 100776 41277 0 905450 225517 0 0 1 0 0 2404863 2404863 ADMINISTRATIVE FEES 525990 550000 550000 INTEREST ON LOANS 525990 18773 18773 568773 3256 3256 23667 0 23667 23667 23667 300 300 300 3000859 592740 0 3256 62882 62882 4400 4400 18110 18110 1033 1033 2028 2028 701495 701495 4534 4534 954 954 CONSTRUCTION 1656242 1656242 CONSULTANT 404696 404696 PROPERTY TAXES 80065 80065 MISCELLANEOUS 57539 57539 49841 48091 1750 3043819 2972614 71205 0 3683965 4653617 6413558 5212106 352242 273715 186 6661942 14260 6646704 6647682 17096469 16787306 67342 179726 5372594 5614227 4249733 3629513 9689669 9423466 X 6889079 6874092 517721 489748 7406800 7363840 17096469 16787306 -42960 0 X X 0 1 X 1 0 X 1813707 2037945 6747957 1469378 2404863 14473850 11461 202330 31225 488776 568773 1302565 1825168 2240275 6779182 1958154 2973636 15776415 0 0 0 15776415 206 629 3695 1755 3256 9541 206 629 3695 1755 3256 9541 23967 23967 1825374 2240904 6782877 1959909 3000859 15809923 0.99790 0.99960 0.00060 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6477657 6477657 184285 14260 170025 6647682 DUE TO AFFILIATE 3629513 3629513 3000859 0 3000859 0 3000859 3043819 0 3043819 0 3043819 X 0 0 0 0 0 0 0 0 0 JOHN CAPPELLINO PRESIDENT/CEO 0 209671 0 0 0 0 0 25215 0 20280 0 255166 0 0 MOLLIE PROFIC TREASURER 0 122030 0 4809 0 0 0 15568 0 26797 0 169204 0 0 ELIZABETH O'KEEFE VICE PRESIDENT AND SECRETARY 0 125615 0 4992 0 0 0 15949 0 9978 0 156534 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE SEVERAL BOARD MEMBERS WHO ARE EMPLOYED BY THE CITY OF BUFFALO AND ERIE COUNTY, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION (THE "MEMBER") IS THE COUNTY OF ERIE, ACTING BY AND THROUGH THE ERIE COUNTY EXECUTIVE, EX OFFICIO. FORM 990, PART VI, SECTION A, LINE 7A PER THE BYLAWS OF THE CORPORATION, THERE ARE THREE "DESIGNATED DIRECTORS" - THE CURRENT CHAIRPERSON OF THE ERIE COUNTY LEGISLATURE, THE CURRENT CHAIRPERSON OF THE ERIE COUNTY LEGISLATURE'S ECONOMIC DEVELOPMENT COMMITTEE, AND THE CURRENT PRESIDENT OF THE LOCAL AFL-CIO. THE REMAINING FOUR DIRECTORS ARE APPOINTED BY THE MEMBER AND SERVE AT THE MEMBER'S DISCRETION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A COPY OF THE FORM 990 BY EMAIL TO REVIEW BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS STRONG OVERSIGHT OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND CERTAIN POLICIES AND GOVERNING DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.ECIDANY.COM FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY 95 PERRY STREET SUITE 403 BUFFALO NY 14203 161090858 ECONOMIC DEVELOPMENT ASSISTANCE NY GOVERNMENT N/A 0 BUFFALO & ERIE COUNTY REGIONAL DEVELOPMENT CORPORATION 95 PERRY STREET SUITE 403 BUFFALO NY 14203 222255223 ECONOMIC DEVELOPMENT LENDING NY 501(C)(3) 170(B)1(A)VI N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY P 15497 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY C 100167 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY M 151495 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY E 3607598 FMV