Nonprofits43North Bpc Inc

Community Improvement & Capacity Building

43North Bpc Inc

BUFFALO, NY

Total revenue

$9.8M

Total expenses

$10.0M

Net assets

$5.7M

Grants received

$2.6M

7 grants

EIN

472878159

Tax year

2024

Mission

To conduct a global business plan copmetition promoting the buffalo/niagara region and western new york as an emerging entrepreneurial center of activity for start up companies. To attract new businesses and new business ideas to western new york, and to provide financial and entrepreneurial support to contest winners and other startups locating their companies in western new york.

Financials

FY 2024

Revenue

Contributions & grants$9.7M
Program service revenue
Investment income
Other revenue$111K
Total revenue$9.8M

Expenses

Grants paid$5.6M
Salaries & benefits$1.7M
Fundraising
Other expenses$2.8M
Total expenses$10.0M
Total assets$10.9M
Net assets$5.7M

People

11 listed

NameRoleCompensation

COLLEEN HEIDINGER

PRESIDENT

Board

$227K

40 hrs/wk

DOMINIC COSTANZO

VICE PRESIDENT

Board

$156K

40 hrs/wk

CHRISTIAN KARRER

MANAGER

Board

$118K

40 hrs/wk

CHRISTIAN GADDIS

MANAGER

Board

$88K

40 hrs/wk

NORMA NOWAK

TREASURER

Board

2 hrs/wk

CLETIS EARLE

DIRECTOR

Board

2 hrs/wk

PETE GRUM

BOARD CHAIR

Board

2 hrs/wk

JORDY LEVY

DIRECTOR

Board

2 hrs/wk

BILL MAGGIO

DIRECTOR

Board

2 hrs/wk

ERIC REICH

DIRECTOR

Board

2 hrs/wk

MIKE WISLER

IMMEDIATE PAST CHAIR

Board

2 hrs/wk

Independent contractors

JEMAL'S SENECA ONE LLC CO CIMINELLI REA

REAL ESTATE - RENT

$485K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$4K
General Donation
2024
$475K
TO SUPPORT HIGH-GROWTH ENTREPRENEURSHIP AND INCREASE ACCESS TO VENTURE CAPITAL IN WNY.
2023
$1M
TO SUPPORT HIGH-GROWTH ENTREPRENEURSHIP AND INCREASE ACCESS TO VENTURE CAPITAL IN WESTERN NEW YORK.
2022
$750K
SEE PART XV, SUPPLEMENTARY INFORMATIONRECIPIENT 110TO SUPPORT HIGH-GROWTH ENTREPRENEURSHIP AND INCREASE ACCESS TO VENTURE CAPITAL IN WNY, INCLUDING THE 43NORTH START-UP COMPETITION AND MENTORSHIP FOR THE 43NORTH PORTFOLIO AND OTHERS, AND THE TECHSTARS BUFFALO PROGRAM.
2020
$300K
BACK TO BUSINESS PROGRAM
2020
$90K
SEE PART XV, SUPPLEMENTARY INFORMATIONRECIPIENT 113TO SUPPORT THE BUFFALO HOMECOMING INITIATIVE THAT BRINGS TOGETHER A NETWORK OF SUCCESSFUL BUFFALO EXPATRIATES TO RE-ENGAGE WITH THE COMMUNITY AND ENCOURAGE THEM TO CONSIDER INVESTMENTS IN THE BUFFALO NIAGARA REGION.
2020
$10K
CHARITABLE
2018

Funded by

$2.6M from 4 funders · 7 grants · 2018–2024

The Ralph C Wilson Jr Foundation

$2.3M · 4 grants · 2020–2023

The Blackbaud Giving Fund

$10K · 1 grant · 2018

Rich Family Foundation

$4K · 1 grant · 2024

Details

EIN472878159
NTEE codeS31
Subsection03
Ruling date2015-04
Formed2015
Employees22
Volunteers500
43NORTH BPC INC — Mission, Financials & Grants Received | Grantivo