Buffalo & Erie County Regional Development Corp
Buffalo & Erie County Regional Development Corp
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About this organization
Mission
Buffalo and Erie County Regional Development Corporation was incorporated for the purpose of encouraging the expansion of existing companies in target areas of Erie County by establishing a revolving loan fund from which the corporation makes loans to individual companies.
About
Provision for loan losses, included in program expense, represents management's provision for potential uncollectible loans among all loans made for the purpose of encouraging companies to invest or expand in Erie County.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Buffalo and erie county regional development corporation was incorporated for the purpose of encouraging the expansion of existing companies in target areas of erie county by establishing a revolving loan fund from which the corporation makes loans to individual companies.”.
When referring to its actions, they were outlined as: “Buffalo and erie county regional development corporation was incorporated for the purpose of encouraging the expansion of existing companies in target areas of erie county by establishing a revolving loan fund from which the corporation makes loans to individual companies.”.
- The non-profit has complied with legal obligations by reporting their state of operation as NY.
- The non-profit's address in 2019 is noted in the filing as 95 PERRY STREET NO 403, BUFFALO, NY, 14203.
- The non-profit's form for 2019 reports a total of 0 employees.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $76,822.
- The organization has 19 independent voting members.
- The organization was formed in 1979.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.