Community Improvement & Capacity Building
Westminster Economic Developmentinitiative Inc
BUFFALO, NY
Total revenue
$2.2M
Total expenses
$2.2M
Net assets
$10.0M
Grants received
$3.0M
41 grants
EIN
204230463
Tax year
2024
Mission
Wedi strenghtens communities through a continuum of educational and financial resources for all western new yorkers.
Programs
3 programs
Economic development - provided a comprehensive model for generating wealth for motivated individuals through the creation or expansion of a small business. Wedi's program is unique in its ability to provide a broad range of services, utilizing existing community resources when available, and mold the process to each individual. This is done through mentors, who work with clients individually and through partnerships with local organizations. Wedi can provide a range of service from basic financial literacy to specialized training and technical assistance. Wedi offers a micro loan program that offers small, targeted loans for business creation or expansion in wedi's target area that can directly result in increased income and wealth generation.
Education, nurture, encouragement, readiness, and growth for youth (energy), launch, and focused learning for youth (fly) - the focus of these programs is to help english language learners (ells) specificially students with interrupted formal education (sife) to improve more quickly, academically, and socially than they would without energy, launch, or fly's input outside of school. Children receive homework and academic support, enjoy a shared family style meal and gain access to individual adult mentors and tutors.
All other related revenues
Financials
FY 2024
Revenue
Expenses
People
17 listed
CAROLYNN WELCH
EXECUTIVE DIRECTOR
$85K
40 hrs/wk
KRISTA SCHWARTZOTT
BOARD MEMBER/PRESIDENT
—
10 hrs/wk
CONCETTA FERGUSON
BOARD MEMBER
—
1 hrs/wk
MELANIE JASKOLKA
BOARD MEMBER/VICE PRESIDEN
—
10 hrs/wk
LUKE DONIGAN
BOARD MEMBER/ASSIST SECRET (TO 12/31/24)
—
1 hrs/wk
JOANN BELLIOTTI
BOARD MEMBER (TO 9/30/24)
—
1 hrs/wk
INDU DEWAN
BOARD MEMBER
—
1 hrs/wk
ZELALEM GEMMEDA
BOARD MEMBER (TO 12/31/24)
—
1 hrs/wk
STEPHEN ZENGER
BOARD MEMBER
—
1 hrs/wk
MICHAEL KENLINE
BOARD MEMBER
—
1 hrs/wk
GUSTAVO LIMA
BOARD MEMBER
—
1 hrs/wk
CATHERINE MARCH
BOARD MEMBER
—
1 hrs/wk
BETSY MITCHELL
BOARD MEMBER (TO 12/31/24)
—
1 hrs/wk
KATIE O'CONNOR
BOARD MEMBER
—
1 hrs/wk
MIMI STEADMAN
BOARD MEMBER/SECRETARY
—
1 hrs/wk
CHRISTINE UWIMBABAZI
BOARD MEMBER
—
1 hrs/wk
DONNA GENESKY
BOARD MEMBER (TO 8/31/24)
—
1 hrs/wk
Grants received
Showing 41 of 41
Funded by
$3.0M from 17 funders · 41 grants · 2017–2024
$1.3M · 5 grants · 2019–2024
$380K · 4 grants · 2017–2020
$314K · 6 grants · 2018–2023
$291K · 6 grants · 2018–2023
$194K · 1 grant · 2022
$180K · 2 grants · 2019–2021
$80K · 2 grants · 2022–2023
$50K · 1 grant · 2020