2024-04-16T07:54:31-05:00 2023-12-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-01-01 222413596 BUFFALO & ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION BUFF 7168566525 95 PERRY STREET 403 BUFFALO NY 14203 JOHN CAPPELLINO PRESIDENT/CEO 7168566525 2024-04-03 1 JOHN CAPPELLINO XXX-XX-XXXX 0 SETH D HENNARD P02490085 7168563300 2024-04-03 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JOHN CAPPELLINO 95 PERRY STREET 403 BUFFALO NY 14203 6783218 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 2037945 6747957 202330 31225 -180695 3695 765 341 2060345 6783218 0 0 0 0 0 0 0 0 0 2573622 6547321 2573622 6547321 -513277 235897 18925535 17148460 11575876 9562904 7349659 7585556 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 6505301 31566 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. 6505301 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 5 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 0.50 1.00 X 0 0 0 APRIL BASKIN DIRECTOR 0.50 X 0 0 0 BYRON BROWN DIRECTOR 0.50 1.00 X 0 0 0 DANIEL CASTLE DIRECTOR 0.50 X 0 0 0 HOWARD JOHNSON DIRECTOR 0.50 1.00 X 0 0 0 RICHARD LIPSITZ DIRECTOR 0.50 1.00 X 0 0 0 JOHN CAPPELLINO PRESIDENT/CEO 6.00 31.50 X 0 207545 41612 ELIZABETH O'KEEFE VICE PRESIDENT AND SECRETARY 0.00 37.50 X 0 120837 23844 MOLLIE PROFIC TREASURER 0.25 28.00 X 0 108928 37485 GRANT LESSWING DIRECTOR OF BUSINESS DEVEL 0.50 37.00 X 0 109077 29740 0 546387 132681 0 0 1 0 FOITALBERT ASSOCIATES 295 MAIN STREET SUITE 200 BUFFALO NY 14203 ENGINEERING 106879 1 6698454 49503 6747957 INTEREST ON LOANS 525990 20025 20025 ADMINISTRATIVE FEES 525990 11200 11200 31225 3695 3695 341 341 341 6783218 31566 0 3695 24977 13922 11055 4000 4000 32 32 -32114 -32114 2267 2267 22095 22095 CONSTRUCTION 6056572 6056572 CONSULTANT 204752 204752 PROVISION FOR UNCOLLECT 189048 189048 PROPERTY TAXES 73121 73121 2571 2571 6547321 6505301 42020 0 1265215 417701 10212072 9191179 549595 485383 31500 7059389 5192 6867153 7054197 18925535 17148460 824190 880331 10571964 4163198 179722 4519375 11575876 9562904 X 6741537 7045628 608122 539928 7349659 7585556 18925535 17148460 235897 0 X X 0 1 X 1 1 1 X 1046975 1162960 1813707 2037945 6747957 12809544 70579 389525 11461 202330 31225 705120 1117554 1552485 1825168 2240275 6779182 13514664 0 0 0 13514664 14 37 206 629 3695 4581 14 37 206 629 3695 4581 1117568 1552522 1825374 2240904 6782877 13519245 0.99970 0.99990 0.00030 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6875104 6875104 184285 5192 179093 7054197 DUE TO AFFILIATE 4519375 4519375 6783218 0 6783218 0 6783218 6547321 0 6547321 0 6547321 0 0 0 0 0 0 0 0 0 JOHN CAPPELLINO PRESIDENT/CEO 0 207545 0 0 0 0 0 24600 0 17012 0 249157 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 C 210331 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY M 28194 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY P 362 FMV ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY E 4477770 FMV