NonprofitsBuffalo & Erie County Industrial Land Development Corp

Community Improvement & Capacity Building

Buffalo & Erie County Industrial Land Development Corp

BUFFALO, NY

Total revenue

$2.0M

Total expenses

$2.1M

Net assets

$7.4M

Grants received

EIN

222413596

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$357K
Investment income$126K
Other revenue$7K
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.1M
Total expenses$2.1M
Total assets$17.1M
Net assets$7.4M

People

12 listed

NameRoleCompensation

MARK POLONCARZ

CHAIRMAN

Board

0.5 hrs/wk

DENISE ABBOTT

DIRECTOR

Board

0.5 hrs/wk

APRIL BASKIN

DIRECTOR

Board

0.5 hrs/wk

DANIEL CASTLE

DIRECTOR

Board

0.5 hrs/wk

JOHN GILMOUR

DIRECTOR

Board

0.5 hrs/wk

RICHARD LIPSITZ

DIRECTOR

Board

0.5 hrs/wk

CHRISTOPHER SCANLON

DIRECTOR

Board

0.5 hrs/wk

JOHN CAPPELLINO

PRESIDENT/CEO

Board

6 hrs/wk

ELIZABETH O'KEEFE

VICE PRESIDENT AND SECRETARY

Board

0

MOLLIE PROFIC

CHIEF FINANCIAL OFFICER

Board

0.25 hrs/wk

GRANT LESSWING

DIRECTOR OF BUSINESS DEVELOPMENT

Staff

0.25 hrs/wk

GERALD MANHARD

CHIEF LENDING OFFICER

Staff

0.25 hrs/wk

Independent contractors

FOITALBERT ASSOCIATES

ENGINEERING

$105K

Details

EIN222413596
NTEE codeS31Z
Subsection03
Ruling date1982-10
Formed1981
Employees0
Volunteers7
BUFFALO & ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo