FURP.ORG / PUBLIC DATA EXPLORER

BUFFALO URBAN DEVELOPMENT CORPORATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BUFFALO URBAN DEVELOPMENT CORPORATION (EIN 22-2324226)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-15
IRS object ID
201841359349306084
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-15T12:28:50-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454051133PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREED MAXICK CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE EVANS STREETAddressLine1Txt
CityBATAVIACityNm
State AbbreviationNYStateAbbreviationCd
ZIP140203110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222324226EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUFFALO URBAN DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUFFBusinessNameControlTxt
Phone7168566525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line195 PERRY STREET NO 404AddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14203ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETER CAMMARATAPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7168566525PhoneNum
Signature2018-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE M WHITEPreparerPersonNm
PTINP01599383PTIN
Phone5853441967PhoneNum
Preparation2018-05-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address104.193.28.34IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-05-11IPDt
IP Tm11:18:49IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD97C1F586FC5353F4A374C4195112339C3C9A1DFAtSubmissionCreationDeviceId
At Submission Filing Device Id3478E4060556EEE272CA4CEC8496C7F4C2C4DD34AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPETER CAMMARATAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line195 PERRY STREET NO 404AddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14203ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,342,385GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BUFFALOURBANDEVELOPMENT.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1978FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSUPPORT THE URBAN ECONOMIC DEVELOPMENT EFFORTS OF THE REGION THROUGH THE ACQUISITION, REMEDIATION AND MANAGEMENT OF DISTRESSED PROPERTIESActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,696,743PYContributionsGrantsAmt
CY Contributions Grants$17,626,028CYContributionsGrantsAmt
PY Program Service Revenue$577,683PYProgramServiceRevenueAmt
CY Program Service Revenue$627,081CYProgramServiceRevenueAmt
PY Investment Income$5,685PYInvestmentIncomeAmt
CY Investment Income$14,470CYInvestmentIncomeAmt
PY Other Revenue$12,775PYOtherRevenueAmt
CY Other Revenue$74,806CYOtherRevenueAmt
PY Total Revenue$3,292,886PYTotalRevenueAmt
CY Total Revenue$18,342,385CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$420,276PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$444,407CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$971,810PYOtherExpensesAmt
CY Other Expenses$1,821,683CYOtherExpensesAmt
PY Total Expenses$1,392,086PYTotalExpensesAmt
CY Total Expenses$2,266,090CYTotalExpensesAmt
PY Revenues Less Expenses$1,900,800PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$16,076,295CYRevenuesLessExpensesAmt
Total Assets BOY$42,587,233TotalAssetsBOYAmt
Total Assets EOY$65,849,616TotalAssetsEOYAmt
Total Liabilities BOY$25,949,836TotalLiabilitiesBOYAmt
Total Liabilities EOY$33,135,924TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,637,397NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$32,713,692NetAssetsOrFundBalancesEOYAmt
MissionSUPPORT THE URBAN ECONOMIC DEVELOPMENT EFFORTS OF THE REGION THROUGH THE ACQUISITION, REMEDIATION AND MANAGEMENT OF DISTRESSED PROPERTIESMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,092,329ExpenseAmt
Revenue$701,887RevenueAmt
DescTHE MISSION OF BUFFALO URBAN DEVELOPMENT (BUDC) IS TO SUPPORT THE URBAN ECONOMIC DEVELOPMENT EFFORTS OF THE REGION THROUGH THE ACQUISITION, REMEDIATION AND MANAGEMENT OF DISTRESSED PROPERTIES, AND TO ENGAGE IN RELATED REAL ESTATE DEVELOPMENT ACTIVITIES FOR THE PURPOSE OF ATTRACTING AND/OR RETAINING NEW AND EXISTING BUSINESSES TO THE CITY AS PART OF THE REGION. THE MISSION OF BUDC ALSO INCLUDES SUPPORTING THE REVITALIZATION OF DOWNTOWN BUFFALO BY SERVING AS THE LEAD MANAGEMENT ENTITY FOR BUFFALO BUILDING REUSE PROJECT (BBRP) INITIATIVES, WORKING IN COLLABORATION WITH THE CITY OF BUFFALO, INCLUDING THE COORDINATION OF FINANCIAL ASSISTANCE FOR DOWNTOWN ADAPTIVE RE-USE PROJECTS AND PUBLIC RIGHT-OF-WAY IMPROVEMENTS.Desc
Total Program Service Expenses$2,092,329TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMOLLIE PROFICPersonNm
Phone7168566525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line195 PERRY STREET SUITE 404AddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
THOMAS BEAUFORD
DIRECTOR1.00Yes (X)$0$0$0
HON BYRON BROWN
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
DOTTIE GALLAGHER-COHEN
DIRECTOR1.00Yes (X)$0$0$0
JAMES COMERFORD
DIRECTOR1.00Yes (X)$0$0$0
JANIQUE CURRY
DIRECTOR1.00Yes (X)$0$0$00.30
DENNIS ELSENBECK
DIRECTOR1.00Yes (X)$0$0$0
DARBY FISHKIN
DIRECTOR1.00Yes (X)$0$0$0
THOMAS HERSEY JR
DIRECTOR1.00Yes (X)$0$0$0
THOMAS KUCHARSKI
DIRECTOR1.00Yes (X)$0$0$00.30
BRENDAN MEHAFFY
DIRECTOR1.00Yes (X)$0$0$00.30
KIMBERLEY MINKEL
DIRECTOR1.00Yes (X)$0$0$00.30
DAVID NASCA
DIRECTOR1.00Yes (X)$0$0$0
BENJAMIN OBLETZ
DIRECTOR1.00Yes (X)$0$0$0
DENNIS PENMAN
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)0.30
REV DARIUS PRIDGEN
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER SCHOEPFLIN
DIRECTOR1.00Yes (X)$0$0$00.30
CRAIG SLATER
DIRECTOR1.00Yes (X)$0$0$00.30
STEVEN STEPNIAK
DIRECTOR1.00Yes (X)$0$0$0
MARIA WHYTE
DIRECTOR1.00Yes (X)$0$0$00.30
PETER CAMMARATA
PRESIDENT37.50$131,070$0$22,243Yes (X)2.00
DAVID STEBBINS
EXECUTIVE VICE PRESIDENT37.50$119,606$0$34,087Yes (X)2.00
BRANDYE MERRIWEATHER
VICE PRESIDENT37.50$75,760$0$16,463Yes (X)0.00
MOLLIE PROFIC
TREASURER5.00$0$0$0Yes (X)0.30
KEVIN ZANNER
SECRETARY11.00$0$0$0Yes (X)2.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$326,436TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$72,793TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GILBANE BUILDING COMPANY
1021 MAIN STREETBUFFALONY14203CONSTRUCTION SERVICES$5,376,324
WATTS ARCHITECTURE & ENGINEERING
95 PERRY STREET SUITE 300BUFFALONY14203ARCHITECTURE AND ENGINEERING SERVICES$2,672,345
LAWLEY
361 DELAWARE AVENUEBUFFALONY14202INSURANCE BROKERAGE SERVICES$345,131
THE LIRO GROUP
690 DELAWARE AVENUEBUFFALONY14209ENGINEERING SERVICES$205,689
HURWITZ & FINE PC
1300 LIBERTY BUILDINGBUFFALONY14202LEGAL SERVICES$185,644
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$17,376,326GovernmentGrantsAmt
All Other Contributions$249,702AllOtherContributionsAmt
Noncash Contributions$730,348NoncashContributionsAmt
Total Contributions$17,626,028TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
BROWNFIELD REDEVELOPMENT522292$501,294$501,294
LOAN INTEREST & COMMITMENT FEES525990$125,787$125,787
FieldValueIRS element (for citing)
Total Program Service Revenue$627,081TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,470TotalRevenueColumnAmt
Exclusion$14,470ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$74,806TotalRevenueColumnAmt
Related Or Exempt Func Income$74,806RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$74,806OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,342,385TotalRevenueColumnAmt
Related Or Exempt Func Income$701,887RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$14,470ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$324,404TotalAmt
Program Services$324,404ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$20,934TotalAmt
Program Services$20,934ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$39,375TotalAmt
Program Services$39,375ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$34,530TotalAmt
Program Services$34,530ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$25,164TotalAmt
Program Services$25,164ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$52,541TotalAmt
Program Services$52,541ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$90,680TotalAmt
Program Services$29,045ProgramServicesAmt
Management And General$61,635ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,900TotalAmt
Management And General$10,900ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$74,705TotalAmt
Program Services$67,838ProgramServicesAmt
Management And General$6,867ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$31,463TotalAmt
Program Services$27,074ProgramServicesAmt
Management And General$4,389ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,526TotalAmt
Management And General$1,526ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,264TotalAmt
Management And General$2,264ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$212,160TotalAmt
Program Services$189,802ProgramServicesAmt
Management And General$22,358ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,101TotalAmt
Management And General$5,101ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,460TotalAmt
Management And General$4,460ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,275TotalAmt
Management And General$5,275ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$106,122TotalAmt
Program Services$84,512ProgramServicesAmt
Management And General$21,610ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DEVELOPMENT$1,172,110$1,172,110
PROGRAM EXPENSES$25,000$25,000
DUES AND SUBSCRIPTIONS$18,494$18,494
MEALS$5,720$5,720

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,162TotalAmt
Management And General$3,162ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,266,090TotalAmt
Program Services$2,092,329ProgramServicesAmt
Management And General$173,761ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,735,037BOYAmt
EOY$14,505,146EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,573,540BOYAmt
EOY$14,261,804EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,500,000BOYAmt
EOY$10,416,400EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,878,079LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$18,688LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,662,967BOYAmt
EOY$10,859,391EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$115,689BOYAmt
EOY$15,806,875EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$42,587,233BOYAmt
EOY$65,849,616EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$448,374BOYAmt
EOY$3,809,969EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,244,081BOYAmt
EOY$15,336,932EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$257,381BOYAmt
EOY$257,381EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$13,731,642EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,949,836BOYAmt
EOY$33,135,924EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,618,363BOYAmt
EOY$27,459,494EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,019,034BOYAmt
EOY$5,254,198EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,637,397BOYAmt
EOY$32,713,692EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,587,233BOYAmt
EOY$65,849,616EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$16,076,295ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$765,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,612,680CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,243,123CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,696,743CurrentTaxYearMinus1YearAmt
Current Tax Year$17,626,028CurrentTaxYearAmt
Total$27,943,643TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$566,684CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$519,507CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$512,297CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$504,026CurrentTaxYearMinus1YearAmt
Current Tax Year$501,294CurrentTaxYearAmt
Total$2,603,808TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,331,753CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,132,187CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,755,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,200,769CurrentTaxYearMinus1YearAmt
Current Tax Year$18,127,322CurrentTaxYearAmt
Total$30,547,451TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$30,547,451PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$35,693CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$52,527CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77,611CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,617CurrentTaxYearMinus1YearAmt
Current Tax Year$215,063CurrentTaxYearAmt
Total$472,511TotalAmt
FieldValueIRS element (for citing)
Total Support$31,019,962TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,796,774OtherCostOrOtherBasisAmt
Book Value$6,796,774BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,057,736OtherCostOrOtherBasisAmt
Book Value$4,057,736BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,714OtherCostOrOtherBasisAmt
Depreciation$11,786DepreciationAmt
Book Value$3,928BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,855OtherCostOrOtherBasisAmt
Depreciation$6,902DepreciationAmt
Book Value$953BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,859,391TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
CONSTRUCTION IN PROGRESS$15,334,049
OTHER CURRENT ASSETS$472,826
FieldValueIRS element (for citing)
Total Book Value Other Assets$15,806,875TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLOANS PAYABLEDesc
Amt$13,731,642Amt
FieldValueIRS element (for citing)
Total Liability$13,731,642TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$18,342,385TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$18,342,385RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$18,342,385TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,266,090TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,266,090ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,266,090TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PETER CAMMARATA
PRESIDENT$131,070$0$0$0$0$0$15,643$0$6,600$0$153,313$0$0$0
DAVID STEBBINS
EXECUTIVE VICE PRESIDENT$119,606$0$0$0$0$0$14,672$0$19,415$0$153,693$0$0$0

Schedule M IRS990ScheduleM

Real Estate Other RealEstateOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$730,348NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS 19 MEMBERS. ELEVEN OF THE MEMBERS ARE EX-OFFICIO MEMBERS AS DESIGNATED IN THE CERTIFICATION OF INCORPORATION OF THE CORPORATION. THE REMAINING EIGHT MEMBERS ARE "CITIZEN MEMBERS" OF THE ORGANIZATION SUBJECT TO APPOINTMENT/ELECTION.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS ELECT TWO OF THE EIGHT "CITIZEN MEMBERS" OF THE ORGANIZATION TO SERVE AS MEMBERS AND DRIECTORS OF THE ORGANIZATION. THE REMAINING SIX "CITIZEN MEMBERS" ARE APPOINTED TO SERVE AS MEMBERS AND DIRECTORS OF THE ORGANIZATION BY THE MAYOR OF BUFFALO.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD RECEIVES A COPY OF FORM 990 BY EMAIL TO REVIEW PRIOR TO THE FORM BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12THE BOARD HAS STRONG OVERSIGHT OVER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION C, LINE 19THE FINANCIAL STATEMENTS AND CERTAIN POLICIES AND GOVERNING DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.BUFFALOURBANDEVELOPMENT.COM
FORM 990, PART XII, LINE 2C:THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT PROCESS DURING THE YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
683 WTC LLC
95 PERRY STREET SUITE 403BUFFALONY14203814721181REAL ESTATENYBUFFALO URBAN DEVELOPMENT CORPORATION
683 NORTHLAND LLC
95 PERRY STREET SUITE 403BUFFALONY14203352580394REAL ESTATENY683 WTC LLC
NORDEL I LLC
95 PERRY STREET SUITE 403BUFFALONY14203201379186REAL ESTATENYBUFFALO URBAN DEVELOPMENT CORPORATION
NORDEL II LLC
95 PERRY STREET SUITE 403BUFFALONY14203201379230REAL ESTATENYBUFFALO URBAN DEVELOPMENT CORPORATION
BUFFALO LAKESIDE COMMERCE PARK I LLC
95 PERRY STREET SUITE 404BUFFALONY14203REAL ESTATENYBUFFALO URBAN DEVELOPMENT CORPORATION
RIVERBEND LLC
95 PERRY STREET SUITE 404BUFFALONY14203412275919REAL ESTATENYBUFFALO URBAN DEVELOPMENT CORPORATION

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BUFFALO BROWNFIELD RESTORATION CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line195 PERRY STREET SUITE 404AddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14203ZIPCd
FieldValueIRS element (for citing)
EIN202681698EIN
Primary ActivitiesPARTNERS WITH PRIVATE SECTOR IN DEVELOPMENT OF DOWNTOWN BUFFALOPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 8PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY
C$75,000FMV
BUFFALO BROWNFIELD RESTORATION CORPORATION
D$35,000FMV
ERIE COUNTY INDUSTRIAL DEVELOPMENT AGENCY
O$52,541FMV