2018-04-10T15:00:53-05:00 2017-06-30 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2016-07-01 161579523 INVEST BUFFALO NIAGARA INC INVE 7168421330 257 WEST GENESEE ST SUITE 600 BUFFALO NY 14202 THOMAS KUCHARSKI PRESIDENT & CEO 7168421330 2018-04-04 1 DONNA M GONSER P01448922 7168563300 2018-04-04 38.122.36.250 2018-04-04 08:28:29 ED P 8D32E005A5C413A6E60F4FFC912466107418746D 0C34B86D251DF7744CBE03DA0657536AD3B276DB 2016 2021-01-29 14:40:06Z THOMAS KUCHARSKI 257 WEST GENESEE ST SUITE 600 BUFFALO NY 14202 2179547 0 X WWW.BUFFALONIAGARA.ORG X 1999 NY TO ATTRACT JOB AND INVESTMENT WEALTH TO THE 8 COUNTIES IN WESTERN NEW YORK. 43 42 14 42 0 0 1922759 2172354 0 0 643 325 16120 6868 1939522 2179547 0 0 0 0 1334986 1253289 210000 46066 0 779368 833452 2324354 2132807 -384832 46740 1101781 874385 417190 143054 684591 731331 X TO ATTRACT NEW EMPLOYERS TO THE BUFFALO NIAGARA REGION THROUGH OUTREACH TO GROWING COMPANIES AROUND THE WORLD. TO SUPPORT BUSINESS ATTRACTION, EXPANSION AND ENTREPRENEURSHIP, INVEST BUFFALO NIAGARA COLLABORATES WITH LOCAL BUSINESSES, UNIVERSITIES, NONPROFIT ORGANIZATIONS AND ELECTED OFFICIALS TO DELIVER A UNIFIED RESPONSE TO REGIONAL ECONOMIC DEVELOPMENT OPPORTUNITIES. 0 0 INVEST BUFFALO NIAGARA HELPS IMPROVE THE ECONOMIC AND COMMUNITY VITALITY OF THE BUFFALO-NIAGARA REGION THROUGH THE ATTRACTION OF THE NEW INVESTMENT AND JOB CREATION OPPORTUNITIES FROM OUTSIDE THE REGION, AS WELL AS THROUGH LOCAL JOB RETENTION AND GROWTH. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 19 0 1 14 1 0 0 0 0 1 1 0 X 43 42 1 0 1 0 0 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 NY X ANITA GENOVESE 7168527100 257 WEST GENESEE STREET STE 600 BUFFALO NY 14202 ANTHONY SPADA JR DIRECTOR 1.00 X 0 0 0 JOHN DOSTER DIRECTOR 1.00 X 0 0 0 DAVID BURNEY DIRECTOR 1.00 X 0 0 0 JP BAK DIRECTOR 1.00 X 0 0 0 DAVID ANDERSON DIRECTOR 1.00 X 0 0 0 RUSSELL BRANDON DIRECTOR 1.00 X 0 0 0 LOUIS PANZICA DIRECTOR 1.00 X 0 0 0 PETER CAMMARATA DIRECTOR 1.00 X 0 0 0 JAMES DUNLOP DIRECTOR 1.00 X 0 0 0 KEVIN SANVIDGE DIRECTOR 1.00 X 0 0 0 BYRON BROWN DIRECTOR 1.00 X 0 0 0 PAUL DYSTER DIRECTOR 1.00 X 0 0 0 JAMES OBLETZ DIRECTOR 1.00 X 0 0 0 STEVE WEATHERS DIRECTOR 1.00 X 0 0 0 GENE GRAMZA DIRECTOR 1.00 X 0 0 0 KENT FREY DIRECTOR 1.00 X 0 0 0 STEVE HYDE DIRECTOR 1.00 X 0 0 0 DANIEL HAMISTER DIRECTOR 1.00 X 0 0 0 JOHN HORN DIRECTOR 1.00 X 0 0 0 KEVIN QUINN DIRECTOR 1.00 X 0 0 0 BRIAN MANLEY DIRECTOR 1.00 X 0 0 0 NORA MCGUIRE DIRECTOR 1.00 X 0 0 0 MICHAEL O'BRIEN DIRECTOR 1.00 X 0 0 0 JOHN SCANNELL DIRECTOR 1.00 X 0 0 0 JEFFREY WELLINGTON DIRECTOR 1.00 X 0 0 0 RONALD TANSKI DIRECTOR 1.00 X 0 0 0 KENNETH KUJAWA DIRECTOR 1.00 X 0 0 0 JOSEPH RIZZO DIRECTOR 1.00 X 0 0 0 CHARLES JOYCE DIRECTOR 1.00 X 0 0 0 SHARON RANDACCIO DIRECTOR 1.00 X 0 0 0 PETER WILSON DIRECTOR 1.00 X 0 0 0 CHRIS BECKAGE DIRECTOR 1.00 X 0 0 0 CHRISTIAN CAMPOS DIRECTOR 1.00 X 0 0 0 FRANK CURCI DIRECTOR 1.00 X 0 0 0 CARL MONTANTE JR DIRECTOR 1.00 X 0 0 0 ARTHUR WINGERTER DIRECTOR 1.00 X 0 0 0 EDWARD WALSH JR DIRECTOR 1.00 X 0 0 0 SCOTT BIELER DIRECTOR 1.00 X 0 0 0 RANDALL CLARK CHAIRMAN 1.00 X X 0 0 0 DOUGLAS DIMITROFF VICE-CHAIR 1.00 X X 0 0 0 ROBERT ZAK TREASURER 1.00 X X 0 0 0 DOTTIE GALLAGHER-COHEN SECRETARY 1.00 X X 0 0 0 THOMAS A KUCHARSKI PRESIDENT & CEO 40.00 X X 328514 0 16495 JENNIFER KAVANAUGH CHIEF OPERATING OFFICER 40.00 X 103821 0 6052 432335 0 22547 2 0 1 0 THE RESEARCH FOUNDATION FOR SUNY PO BOX 9 ALBANY NY 12201 GRANT PROGRAM RESEARCH AND ASSESSMENTS 125000 1 2172354 2172354 325 325 6868 6868 6868 2179547 0 0 7193 359930 734711 33038 29588 96022 46066 41405 53137 52411 124055 17532 38583 34812 10816 CONSULTING 381862 DUES AND SUBSCRIPTIONS 63516 MISCELLANEOUS 15323 2132807 351434 434516 527638 265750 52039 35358 340587 201826 170670 138761 1101781 874385 208301 110832 208889 32222 417190 143054 X 684591 731331 684591 731331 1101781 874385 46740 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77950 15208 62742 180986 152285 28701 81651 34333 47318 138761 2268763 89216 89216 2179547 0 2179547 2222023 89216 89216 2132807 0 2132807 X X X X X 1 RESOURCE DEVELOPMENT GROUP 2841 WICKLIFFE ROAD COLUMBUS OH 43221 INVESTOR CAMPAIGN 0 0 46066 -46066 46066 -46066 X 1 1 X X X X 0 0 0 THOMAS A KUCHARSKI PRESIDENT & CEO 277514 0 51000 0 0 0 10812 0 5683 0 345009 0 0 0 PART I, LINE 1A INVEST BUFFALO NIAGARA PROVIDES MEMBERSHIP TO THE BUFFALO CLUB AND THE COUNTRY CLUB OF BUFFALO FOR THE PRESIDENT AND CEO. DOROTHY GALLAGHER-COHEN OFFICER OF THE BUFFALO NIAGARA PARTNERSHIP 243944 IBN RENTS SPACE FROM THE BUFFALO NIAGARA PARTNERSHIP. IN ADDITION, IBN PROVIDES IN-KIND MARKETING AND RESEARCH SUPPORT TO THE PARTNERSHIP. THE PARTNERSHIP PROVIDES IN-KIND ACCOUNTING AND ADMINISTRATIVE SERVICES TO IBN. 0 FORM 990, PART V, LINE 2A ALL PAYROLL AND HUMAN RESOURCES FUNCTIONS HAVE BEEN OUTSOURCED TO THE ALCOTT GROUP - A PROFESSIONAL EMPLOYMENT ORGANIZATION. THIS CONTRACT ESTABLISHES A CO-EMPLOYMENT RELATIONSHIP BETWEEN IBN AND THE ALCOTT GROUP. UNDER THIS RELATIONSHIP, THE ALCOTT GROUP ASSUMES RESPONSIBILITY FOR HUMAN RESOURCE COMPLIANCE AND PAYROLL AND EMPLOYEE TAX COMPLIANCE. ALL PAYROLL FILINGS FOR IBN'S EMPLOYEES ARE FILED BY AND INCLUDED AS PART OF THE ALCOTT GROUP. FORM 990, PART VI, SECTION A, LINE 2 DAVID ANDERSON, RANDALL CLARK, RUSSELL BRANDON, THOMAS KUCHARSKI, FRANK CURCI, JAMES DUNLOP, KENT FREY, KEVIN QUINN, JOHN SCANNELL, LOUIS PANZICA, SHARON RANDACCIO, ANTHONY SPADA, JR., EDWARD F. WALSH, JR., AND ARTHUR WINGERTER ALSO SERVE ON THE BOARD OF DIRECTORS FOR THE BUFFALO NIAGARA PARTNERSHIP. DOTTIE GALLAGHER-COHEN IS PRESIDENT OF THE BUFFALO NIAGARA PARTNERSHIP. DAVID ANDERSON, RANDALL CLARK, LOUSE PANZICA, KEVIN QUINN, JOHN SCANNELL, AND ARTHUR WINGERTER ALSO SERVE ON THE BOARD OF DIRECTORS FOR THE BUFFALO NIAGARA PARTNERSHIP FOUNDATION, INC. DOTTIE GALLAGHER-COHEN IS PRESIDENT AND CEO OF THE BUFFALO NIAGARA PARTNERSHIP FOUNDATION. FORM 990, PART VI, SECTION A, LINE 4 DURING FISCAL YEAR 2017, INVEST BUFFALO NIAGARA REVISED ITS' BYLAWS TO REFLECT CHANGES TO THE INVESTOR CLASSES, APPOINTMENT OF RESPECTIVE DIRECTORS BASED UPON INVESTOR CLASS, AND STRUCTURE OF BOARD LEVEL COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ELECT THE OFFICERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ACTIONS OF THE OFFICERS ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AN IN-DEPTH REVIEW OF INVEST BUFFALO NIAGARA'S FORM 990 IS DONE BY THE CHIEF FINANCIAL OFFICER OF THE BUFFALO NIAGARA PARTNERSHIP. ONCE THE REVIEW IS COMPLETED, THE FORM 990 IS THEN REVIEWED BY IBN'S EXECUTIVE COMMITTEE. A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AND FEEDBACK PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INVEST BUFFALO NIAGARA HAS A POLICY IN PLACE THAT IS INTENDED TO PROVIDE GUIDANCE FOR THE BOARD AND FOR INDIVIDUAL DIRECTORS IN CASES WHERE REAL, APPARENT, OR POTENTIAL CONFLICTS OF INTEREST MAY ARISE. IT IS THE RESPONSIBILITY OF EACH DIRECTOR TO IMMEDIATELY DISCLOSE IN WRITING TO THE CHAIR OF THE BOARD OF DIRECTORS THE EXISTENCE OF ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF IBN'S BOARD OF DIRECTORS APPOINTS A COMPENSATION COMMITTEE ANNUALLY THAT REVIEWS THE REASONABLE ATTAINMENT OF PERFORMANCE BENCHMARKS AS COMMUNICATED TO THE PRESIDENT PRIOR TO AND DURING THE FISCAL YEAR. COMPARISON SALARY DATA FROM THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL AND EXECUTIVE SEARCH FIRMS ARE ALSO CONSIDERED. THE COMPENSATION COMMITTEE THEN RECOMMENDS ANY SALARY INCREASES AND/OR BONUSES FOR CONSIDERATION BY THE FULL EXECUTIVE COMMITTEE. ALL OTHER EMPLOYEE SALARIES ARE DETERMINED BY THE PRESIDENT IN CONSULTATION WITH THE STEERING COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF INVEST BUFFALO NIAGARA ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.