Civic Intelligence

Invest Buffalo Niagara Foundation Inc

EIN 82-5163781 • 501(c)3 • Buffalo, NY

Profile

Invest buffalo niagara foundation, inc. Is a vehicle to solicit charitable contributions to develop programs, collaborate with, and provide funding to organizations that advance and encourage economic development in western new york.

403 Main Street 600Buffalo, NY 14203

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.69x

Higher debt load relative to revenue than 88% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Net Margin

94th percentile

80%

Higher net margin than 94% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$376,937

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 170.4% of source-year revenue.

NTEE S • $500k-$1M nonprofits • Source year 2024

Asset Growth

51st percentile

3.8%

Faster asset growth than 51% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

NTEE S • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$653,736

Up $23,919 (+3.8%) from 2023

Liabilities

Down

$152,804

Down $152,896 (-50%) from 2023

Net Assets

Up

$500,932

Up $176,815 (+55%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin94th percentile

Revenue

Down

$221,253

Down $58,711 (-21%) from 2023

Expenses

Down

$44,438

Down $231,312 (-84%) from 2023

Net Income

Up

$176,815

Up $172,601 (+4096%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2019: $54,894Liabilities 2019: $50,000Net Assets 2019: $4,8942019Assets 2020: $298,904Liabilities 2020: $82,198Net Assets 2020: $216,7062020Assets 2021: $154,962Liabilities 2021: $0Net Assets 2021: $154,9622021Assets 2022: $421,403Liabilities 2022: $101,500Net Assets 2022: $319,9032022Assets 2023: $629,817Liabilities 2023: $305,700Net Assets 2023: $324,1172023Assets 2024: $653,736Liabilities 2024: $152,804Net Assets 2024: $500,9322024

Highlighted filing

2024

Assets$653,736
Liabilities$152,804
Net Assets$500,932
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2019: $190,002Expenses 2019: $185,108Net Income 2019: $4,8942019Revenue 2020: $325,102Expenses 2020: $113,290Net Income 2020: $211,8122020Revenue 2021: $165,020Expenses 2021: $226,764Net Income 2021: -$61,7442021Revenue 2022: $316,516Expenses 2022: $151,575Net Income 2022: $164,9412022Revenue 2023: $279,964Expenses 2023: $275,750Net Income 2023: $4,2142023Revenue 2024: $221,253Expenses 2024: $44,438Net Income 2024: $176,8152024

Highlighted filing

2024

Revenue$221,253
Expenses$44,438
Net Income$176,815
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$653,736
Liabilities
$152,804
Net assets
$500,932
Revenue
$221,253
Expenses
$44,438
Net income
$176,815
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.54$1.53$5.01$2.21$0.44$1.77
2023Detailed filing. Detailed filing data is available for this year.$6.30$3.06$3.24$2.80$2.76$0.04
2022Detailed filing. Detailed filing data is available for this year.$4.21$1.02$3.20$3.17$1.52$1.65
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$1.65$2.27$0.62
2020Detailed filing. Detailed filing data is available for this year.$2.99$0.82$2.17$3.25$1.13$2.12
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.50$0.05$1.90$1.85$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 12, 2025
Return Version
2023v6.0
Gross Receipts
$221,253
Mission and Program Overview

Mission

Invest buffalo niagara foundation, inc. Is a vehicle to solicit charitable contributions to develop programs, collaborate with, and provide funding to organizations that advance and encourage economic development in western new york.

Support organizations that advance and encourage economic development in western new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$240,700$397,804▲ $157,104
Cash and Non-Interest-Bearing Accounts$389,117$255,932▼ $133,185
Total Assets$629,817$653,736▲ $23,919
Liabilities
Accounts Payable and Accrued Expenses$305,700$152,804▼ $152,896
Total Liabilities$305,700$152,804▼ $152,896
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$274,117$500,932▲ $226,815
Net Assets With Donor Restrictions$50,000$0▼ $50,000
Total Net Assets Fund Balance$324,117$500,932▲ $176,815
Total Liabilities and Net Assets / Fund Balance$629,817$653,736▲ $23,919
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Anthony SpadaChair
Thomas a KucharskiPresident & CEO
Rebecca GandourSecretary
Pete PetrellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$207,104
Program Service Revenue
$0
Investment Income
$14,149
Other Revenue
$0
All Other Contributions
$165,000
Change in Net Assets
$176,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$42,104
Other Expenses$2,334
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$42,104--$42,104
All Other Expenses-$2,334-$2,334
Total Functional Expenses$42,104$2,334$0$44,438
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Invest Buffalo Niagara IncBuffalo, NY501(c)(6)Program Support$42,104
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Thomas kucharski and anthony spada - 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

“Action 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 the form 990 is done by management of ibn. Once the review is compelted, the form 990 is then reviewed by the board of directors prior to being filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Invest buffalo niagara foundation, inc. 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 conflict 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 C, Line 19

“The governing documents, conflict of interest policy, and financial statements of invest buffalo niagara foundation are available upon request.”

Filing and Contact Details

Filer

Filer Name
Invest Buffalo Niagara Foundation Inc
EIN
82-5163781
Phone
7168527100
Address
403 MAIN STREET 600, BUFFALO, NY 14203

Signing Officer

Name
Thomas a Kucharski
Title
President & CEO
Phone
7169169073
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas a Kucharski
Formed
2018
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Robert S Torella
Phone
7168563300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior years.”

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0305700
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0152804
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORT ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0165000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02334
IRS990/AllOtherExpensesGrp/TotalAmt02334
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIN SINCLAIR
IRS990/BooksInCareOfDetail/PhoneNum07168527100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0403 MAIN STREET SUITE 600
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0389117
IRS990/CashNonInterestBearingGrp/EOYAmt0255932
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0207104
IRS990/CYGrantsAndSimilarPaidAmt042104
IRS990/CYInvestmentIncomeAmt014149
IRS990/CYOtherExpensesAmt02334
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0176815
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt044438
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0221253
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DEVELOP PROGRAMS, COLLABORATE WITH, AND PROVIDE FUNDING TO ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt050000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt042104
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt340239
IRS990/Form990PartVIISectionAGrp/PersonNm0ANTHONY SPADA
IRS990/Form990PartVIISectionAGrp/PersonNm1PETE PETRELLA
IRS990/Form990PartVIISectionAGrp/PersonNm2REBECCA GANDOUR
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS A KUCHARSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3336698
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt042104
IRS990/GrantAmt042104
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt042104
IRS990/GrantsToDomesticOrgsGrp/TotalAmt042104
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0221253
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt014149
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014149
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INVEST BUFFALO NIAGARA FOUNDATION, INC. IS A VEHICLE TO SOLICIT CHARITABLE CONTRIBUTIONS TO DEVELOP PROGRAMS, COLLABORATE WITH, AND PROVIDE FUNDING TO ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0324117
IRS990/NetAssetsOrFundBalancesEOYAmt0500932
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0274117
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0500932
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0240700
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0397804
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS A KUCHARSKI
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0275700
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0275700
IRS990/PYInvestmentIncomeAmt04264
IRS990/PYOtherExpensesAmt050
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04214
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0275750
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0279964
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0176815
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0INVEST BUFFALO NIAGARA FOUNDATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST. THE FOUNDATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE COMMUNITY, GOVERNMENTAL UNITS, GENERAL PUBLIC, AND OTHER PUBLIC CHARITIES. THE INVEST BUFFALO NIAGARA FOUNDATION IS A YOUNG FOUNDATION AND DEALT WITH THE RAMIFICATIONS OF COVID-19 IN ITS START UP, WHICH MADE IT DIFFICULT TO SOLICIT AND SECURE DIVERSE SOURCES OF CONTRIBUTIONS AND GRANTS SINCE MANY ORGANIZATIONS WERE NOT ABLE TO CONTRIBUTE DURING THAT UNCERTAIN PERIOD. THE FOUNDATION CONTINUES TO DEVELOP RELATIONSHIPS WITH POTENTIAL DONORS AND TARGETS ITS SOLICITATIONS AND GRANT APPLICATIONS TO ORGANIZATIONS THAT SUPPORT THE PRIMARY EXEMPT ACTIVITY OF THE FOUNDATION, WHICH IS TO SUPPORT ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK. THE FOUNDATION CURRENTLY HAS APPLICATIONS SUBMITTED FOR SIGNIFICANT GOVERNMENT GRANTS THAT WOULD SUPPORT ECONOMIC DEVELOPMENT INITIATIVES, SPECIALLY RELATED TO THE EMPIRE STATE DEVELOPMENT INTERNATIONAL TRADE DEVELOPMENT PROGRAM AND NYS I-90 TECH HUB CORRIDOR INITIATIVE.THE BOARD OF DIRECTORS REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, AND HAS PROFESSIONALS LEADERS THROUGHOUT ERIE COUNTY, WHICH INCLUDE BUFFALO URBAN DEVELOPMENT CORPORATION, AAA OF WESTERN AND CENTRAL NY, AND HARTER SECREST.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0207104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0275700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0316500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0325000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01289304
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04264
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018551
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.25360
IRS990ScheduleA/PublicSupportPY170Pct00.22970
IRS990ScheduleA/PublicSupportTotal170Amt0331618
IRS990ScheduleA/SubstantialContributorsTotAmt0957686
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0207104
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0275700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0316500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0325000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01289304
IRS990ScheduleA/TotalSupportAmt01307855
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt042104
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INVEST BUFFALO NIAGARA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0161579523
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0403 MAIN STREET SUITE 600
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BUFFALO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd014203
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH INDIVIDUAL GRANT IS CODED WITH A UNIQUE PROJECT CODE IN THE ACCOUNTING SYSTEM FOR TRACKING PURPOSES. ALL RECORDS RELATED TO THE GRANT ARE KEPT IN THE ACCOUNTING FILES AND RETAINED FOR A MINIMUM OF 7 YEARS OR AS SPECIFIED IN GRANT REGULATIONS AND/OR ANY LEGAL REQUIREMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt034500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013404
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02198
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS A KUCHARSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0376937
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT PARTICIPATES IN A 457(B) PLAN BY INVEST BUFFALO NIAGARA, INC., A RELATED ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THOMAS KUCHARSKI AND ANTHONY SPADA - BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ELECT THE OFFICERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTION OF THE OFFICERS ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN IN-DEPTH REVIEW OF THE FORM 990 IS DONE BY MANAGEMENT OF IBN. ONCE THE REVIEW IS COMPELTED, THE FORM 990 IS THEN REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INVEST BUFFALO NIAGARA FOUNDATION, INC. 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 CONFLICT 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF INVEST BUFFALO NIAGARA FOUNDATION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INVEST BUFFALO NIAGARA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0161579523
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0403 MAIN STREET SUITE 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BUFFALO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt042104
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INVEST BUFFALO NIAGARA INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0629817
IRS990/TotalAssetsEOYAmt0653736
IRS990/TotalAssetsGrp/BOYAmt0629817
IRS990/TotalAssetsGrp/EOYAmt0653736
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0207104
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02334
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt042104
IRS990/TotalFunctionalExpensesGrp/TotalAmt044438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0305700
IRS990/TotalLiabilitiesEOYAmt0152804
IRS990/TotalLiabilitiesGrp/BOYAmt0305700
IRS990/TotalLiabilitiesGrp/EOYAmt0152804
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0324117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0500932
IRS990/TotalOtherCompensationAmt040239
IRS990/TotalProgramServiceExpensesAmt042104
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt014149
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221253
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0629817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0653736
IRS990/TotReportableCompRltdOrgAmt0336698
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0403 MAIN STREET 600
IRS990/USAddress/CityNm0BUFFALO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014203
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS A KUCHARSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07169169073
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INVEST BUFFALO NIAGARA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INVE
ReturnHeader/Filer/EIN0825163781
ReturnHeader/Filer/PhoneNum07168527100
ReturnHeader/Filer/USAddress/AddressLine1Txt0403 MAIN STREET 600
ReturnHeader/Filer/USAddress/CityNm0BUFFALO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014203
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0160765486
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUMSDEN & MCCORMICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0369 FRANKLIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014202
ReturnHeader/PreparerPersonGrp/PhoneNum07168563300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT S TORELLA
ReturnHeader/ReturnTs02025-03-20T07:55:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.