Buffalo Urban Development Corporation
Buffalo Urban Development Corporation
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About this organization
Mission
Support the urban economic development efforts of the region through the acquisition, remediation and management of distressed properties
About
The mission of Buffalo Urban Development (BUDC) is to support the urban economic development efforts of the region through the acquisition, remediation and management of distressed properties, and to engage in related real estate development activities for the purpose of attracting and/or retaining new and existing businesses to the city as part of the region. The mission of BUDC also includes supporting the revitalization of downtown Buffalo by serving as the lead management entity for Buffalo Building Reuse Project (BBRP) initiatives, working in collaboration with the city of Buffalo, including the coordination of financial assistance for downtown adaptive re-use projects and public right-of-way improvements.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Support the urban economic development efforts of the region through the acquisition, remediation and management of distressed properties”.
When referring to its actions, they were described as: “Support the urban economic development efforts of the region through the acquisition, remediation and management of distressed properties”.
- According to the law, the state of operation reported by the non-profit is NY.
- As per the filing, the address of the non-profit for 2020 is 95 PERRY STREET NO 404, BUFFALO, NY, 14203.
- According to their form, the non-profit as of 2020 has a total of 4 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $28,547,731.
- The organization has 19 independent voting members.
- The organization was formed in 1978.
- The organization pays $509,655 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.