2026-05-04T10:01:31-05:00 2025-06-30 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2024-07-01 161579523 INVEST BUFFALO NIAGARA INC INVE 8009169673 403 MAIN STREET 600 BUFFALO NY 14203 THOMAS KUCHARSKI PRESIDENT & CEO 8009169673 2026-04-23 1 1 ROBERT S TORELLA P03156259 7168563300 2026-04-23 2024 2025-03-06 01:10:19Z THOMAS KUCHARSKI 403 MAIN STREET 600 BUFFALO NY 14203 1976234 0 X WWW.BUFFALONIAGARA.ORG X 1999 NY TO ATTRACT JOB AND INVESTMENT WEALTH TO THE 8 COUNTIES IN WESTERN NEW YORK. 51 50 10 50 0 0 1782405 1936011 0 0 52111 33658 1997 6565 1836513 1976234 0 0 0 0 1096535 1084893 0 0 0 958076 887789 2054611 1972682 -218098 3552 1788344 1924362 209579 342045 1578765 1582317 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 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 12 0 1 10 1 0 0 0 0 1 1 0 0 0 X 51 50 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ERIN SINCLAIR 8009169673 403 MAIN STREET STE 600 BUFFALO NY 14203 THOMAS A KUCHARSKI PRESIDENT & CEO 40.00 1.00 X X 332150 0 53735 KENNETH KUJAWA CHAIR 1.00 X X 0 0 0 MICHAEL O'BRIEN VICE-CHAIR 1.00 X X 0 0 0 REBECCA GANDOUR SECRETARY 1.00 1.00 X X 0 0 0 DAVID BAUER TREASURER 1.00 X X 0 0 0 TUONA BATCHELOR DIRECTOR 1.00 X 0 0 0 MARTIN BERADI DIRECTOR 1.00 X 0 0 0 SCOTT BIELER DIRECTOR 1.00 X 0 0 0 CHRISTIAN CAMPOS DIRECTOR 1.00 X 0 0 0 JOHN CAPPELLINO DIRECTOR 1.00 X 0 0 0 KYLE CIMINELLI DIRECTOR 1.00 X 0 0 0 JESSICA COX DIRECTOR 1.00 X 0 0 0 KEVIN CROSS DIRECTOR 1.00 X 0 0 0 MATT DAVISON DIRECTOR 1.00 X 0 0 0 SEAN DOYLE DIRECTOR 1.00 X 0 0 0 GREGORY DUVAL DIRECTOR 1.00 X 0 0 0 RON FERRI DIRECTOR 1.00 X 0 0 0 KENT FREY DIRECTOR 1.00 X 0 0 0 DOTTIE GALLAGHER DIRECTOR 1.00 X 0 0 0 MARK GEISE DIRECTOR 1.00 X 0 0 0 AMY HEMENWAY DIRECTOR 1.00 1.00 X 0 0 0 AMANDA HIRSCH DIRECTOR 1.00 X 0 0 0 PETER HUNT DIRECTOR 1.00 X 0 0 0 MARC IZZO DIRECTOR 1.00 X 0 0 0 CHRIS KANIA DIRECTOR 1.00 X 0 0 0 CHRIS KEMPTON DIRECTOR 1.00 X 0 0 0 JOSEPH KESSLER DIRECTOR 1.00 X 0 0 0 ANDREA KLYCZEK DIRECTOR 1.00 X 0 0 0 CHRIS KULIK DIRECTOR 1.00 X 0 0 0 CHARLIE MAKEY DIRECTOR 1.00 X 0 0 0 NADINE MARRERO DIRECTOR 1.00 X 0 0 0 MARK MASSE DIRECTOR 1.00 X 0 0 0 DAVID MINGOIA DIRECTOR 1.00 X 0 0 0 CARL MONTANTE JR DIRECTOR 1.00 X 0 0 0 KIM NASON DIRECTOR 1.00 X 0 0 0 JAMES OBLETZ DIRECTOR 1.00 X 0 0 0 STEVEN PERRIGO DIRECTOR 1.00 X 0 0 0 PETE PETRELLA DIRECTOR 1.00 1.00 X 0 0 0 JAMES PIERCE DIRECTOR 1.00 X 0 0 0 JEFF QUAIN DIRECTOR 1.00 X 0 0 0 DAVID SIMONS DIRECTOR 1.00 X 0 0 0 PER STROMHAUG DIRECTOR 1.00 X 0 0 0 TOM SY DIRECTOR 1.00 X 0 0 0 JOHN TEBEAU DIRECTOR 1.00 X 0 0 0 KAREN UTZ DIRECTOR 1.00 X 0 0 0 PAUL VALLEY DIRECTOR 1.00 X 0 0 0 SUSAN WAS DIRECTOR 1.00 X 0 0 0 TOM WILEY DIRECTOR 1.00 X 0 0 0 PETER WILSON DIRECTOR 1.00 X 0 0 0 SUJATA YALAMANCHILI DIRECTOR 1.00 X 0 0 0 KEVIN ZANNER DIRECTOR 1.00 X 0 0 0 MATTHEW HUBACHER SENIOR VICE PRESIDENT 40.00 X 137980 0 7446 470130 0 61181 2 0 1 0 0 1936011 1936011 33658 33658 6565 6565 6565 1976234 6565 0 33658 551454 433221 14419 12201 73598 39196 341688 66329 54712 27673 16471 8670 16301 CONSULTING 209007 DUES AND SUBSCRIPTIONS 68993 38749 1972682 1048640 723605 677067 975554 4580 22895 67587 63700 12557 3887 45500 198421 1788344 1924362 164079 143624 45500 198421 209579 342045 X 1578765 1582317 1578765 1582317 1788344 1924362 3552 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67587 63700 3887 3887 DEFERRED COMPENSATION PLAN ASSETS 76150 ROU ASSET 122271 198421 DEFERRED COMPENSATION PLAN LIABILITY 76150 LEASE LIABILITY 122271 198421 X 1 1 X X X X 0 1 0 THOMAS A KUCHARSKI PRESIDENT & CEO 300750 0 23000 0 8400 0 39608 0 14127 0 385885 0 0 0 PART I, LINE 1A INVEST BUFFALO NIAGARA PROVIDES MEMBERSHIP TO THE BUFFALO CLUB FOR THE PRESIDENT AND CEO. PART I, LINE 4B THE PRESIDENT AND CEO PARTICIPATES IN A 457(B) PLAN SPONSORED BY INVEST BUFFALO NIAGARA, INC. FORM 990, PART V, LINE 2B: ALL PAYROLL AND HUMAN RESOURCE 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 THOMAS KUCHARSKI, DOTTIE GALLAGHER, GREGORY DUVAL, KENNETH KUJAWA, DAVID SIMONS, KENT FREY, AND RON FERRI - BUSINESS RELATIONSHIPS. GREGORY DUVAL AND DAVID BAUER - BUSINESS RELATIONSHIP. GREGORY DUVAL AND JAMES OBLETZ - BUSINESS RELATIONSHIP. 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 MANAGEMENT OF IBN. 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. INVEST BUFFALO NIAGARA FOUNDATION INC 403 MAIN STREET SUITE 600 BUFFALO NY 14203 825163781 SUPPORT ACTIVITIES OF INVEST BUFFALO NIAGARA NY 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INVEST BUFFALO NIAGARA FOUNDATION INC C 117813 FMV