NonprofitsThe Economic Development Group Inc

Recreation & Sports

The Economic Development Group Inc

BUFFALO, NY

Total revenue

$5.6M

Total expenses

$5.1M

Net assets

$3.1M

Grants received

$2.4M

20 grants

EIN

223781639

Tax year

2023

Mission

The mission of northland is to advance the economic well-being of western new york by developing and maintaining a skilled and diverse workforce to meet the needs of the advanced manufacturing and energy sectors, while providing opportunities to job seekers as well as pathways to gainful employment, career advancement and economic sustainability.

Financials

FY 2023

Revenue

Contributions & grants$4.8M
Program service revenue$361K
Investment income
Other revenue$517K
Total revenue$5.6M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising$36K
Other expenses$2.5M
Total expenses$5.1M
Total assets$5.4M
Net assets$3.1M

People

19 listed

NameRoleCompensation

STEPHEN TUCKER

PRESIDENT & CEO

Board

$315K

50 hrs/wk

CAROLYN STORMS-STOLTMAN

VP OF ENROLLMENT AND ORGAN

Board

$112K

50 hrs/wk

ASANTEWA HOLLEY

VP OF OPERATIONS

Board

$108K

50 hrs/wk

BENJAMIN RAND

SECRETARY

Board

1 hrs/wk

CHRIS SANSONE

DIRECTOR

Board

1 hrs/wk

RANDI MURPHY

DIRECTOR

Board

1 hrs/wk

KEN KUJAWA

DIRECTOR

Board

1 hrs/wk

JOE KESSLER

DIRECTOR

Board

1 hrs/wk

DR WILL KERESZTES

DIRECTOR

Board

1 hrs/wk

DENNIS ELSENBECK

CHAIR

Board

1 hrs/wk

NINA HEARD

DIRECTOR

Board

1 hrs/wk

PASTOR JAMES GILES

DIRECTOR

Board

1 hrs/wk

KARLA GADLEY

DIRECTOR

Board

1 hrs/wk

MARJORIE BRYEN

DIRECTOR

Board

1 hrs/wk

THOMAS BEAUFORD JR

DIRECTOR

Board

1 hrs/wk

DEACON STEVE SCHUMER

DIRECTOR

Board

1 hrs/wk

DEVALE JACKSON

DIRECTOR

Board

1 hrs/wk

STEVE FINCH

VICE CHAIR

Board

1 hrs/wk

KRISTIN M RE

TREASURER

Board

1 hrs/wk

Independent contractors

BONADIO & CO LLP

ACCOUNTING SERVICES

$112K

Grants received

Showing 20 of 20

FromAmountPurposeYear
$138K
MANY STARS SHARE THAT THEY LACK THE TIME AND RESOURCES TO INVEST IN TRAINING AND EDUCATION. TO ADDRESS THIS ISSUE, NWTC WILL DEVELOP AND IMPLEMENT ACCELERATED AND CERTIFICATE TRAINING PROGRAMS, BUILDING PATHWAYS INTO SEGREGATED OCCUPATIONS/INDUSTRIES IN THE CITY OF BUFFALO, AND OFFER THESE PROGRAMS AT NO EXPENSE FOR STARS SEEKING HIGH PAYING CAREERS IN ADVANCED MANUFACTURING AND CLEAN ENERGY.
2024
$87K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2024
$58K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2023
$35K
JUMPSTART PROGRAM
2023
$250K
WORKFORCE DEVELOPMENT
2022
$172K
UNRESTRICTED USE; NORTHLAND TOOL CHEST; NORTHLAND OPERATIONS; NORTHLAND WORKFORCE TRAINING CENTERS; SUPPORT SET UP FOR PARTICIPATING IN THE YOUTH EMPLOYMENT COALITION DATA PLATFORM; NORTHLAND WORKFORCE TRAINING CENTER EMERGENCY STUDENT SUPPORT FUND
2022
$250K
WORKFORCE DEVELOPMENT
2021
$3K
GENERAL OPERATING
2021
$403K
Career Readiness
2020
$250K
WORKFORCE DEVELOPMENT
2020
$134K
EMPIRE STATE POVERTY REDUCTION INITIATIVE
2020
$50K
NORTHLAND SUMMER YOUTH ACADEMY
2020
$219K
EMPIRE STATE POVERTY REDUCTION INITIATIVE
2019
$26K
STUDENT SUPPORT FOR LAB WORK COMPLETION
2019
$19K
EMPIRE STATE POVERTY REDUCTION INITIATIVE
2018

Funded by

$2.4M from 10 funders · 20 grants · 2018–2024

First Niagara Foundation

$750K · 3 grants · 2020–2022

Ecmc Foundation

$403K · 1 grant · 2020

Community Foundation For Greater Buffalo

$393K · 5 grants · 2019–2024

United Way Of Buffalo And Erie County

$371K · 3 grants · 2018–2020

American Online Giving Foundation Inc

$157K · 3 grants · 2021–2024

Opportunitywork Inc

$138K · 1 grant · 2024

National Grid Foundation

$35K · 1 grant · 2023

Details

EIN223781639
NTEE codeN20
Subsection03
Ruling date2001-12
Formed2000
Employees59
Volunteers16
THE ECONOMIC DEVELOPMENT GROUP INC — Mission, Financials & Grants Received | Grantivo