named programs · 2 · from sources
What they call their work
Distressed Property Remediation
Acquires, stabilizes, and redevelops vacant or abandoned properties to prevent blight and support neighborhood revitalization in Buffalo
Property Management and Maintenance
Manages and maintains remediated properties to ensure long-term community benefit and sustainable use
activities · 1 group
What they do
-
Land Bank Property Revitalization 1 activity
- Acquires and redevelops distressed propertiesAcquires, remediates, and manages distressed properties in Buffalo to support regional urban economic development.
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financials · form 990 · fy2024
revenue
Total revenue$38.27M
Contributions & grants$37.14M97%
Program service revenue$133K0%
Investment income$627K2%
Other revenue$374K
expenses
Total expenses$32.73M
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits$496K
Grants paid out$27.20M
Largest expense lineProfessional Fees
balance sheet
Total assets$171.92M
Cash$23.51M
Investments$0
Liabilities$85.98M
Net assets$85.94M
Liquid reserves8.6 mo
5 years on record · 2020–2024 · YoY revenue +17.6%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| BRANDYE MERRIWEATHER | PRESIDENT | 37 | $157K |
| REBECCA GANDOUR | EXECUTIVE VICE PRESIDENT | 37 | $153K |
board members · 18
- BRYAN BOLLMAN — DIRECTOR
- CATHERINE AMDUR — DIRECTOR
- CHRISTOPHER SCANLON — CHAIRMAN
- CRYSTAL MORGAN — DIRECTOR
- DANIEL CASTLE — DIRECTOR
- DARBY FISHKIN — DIRECTOR
- DAVID NASCA — DIRECTOR
- DENNIS ELSENBECK — DIRECTOR
- DENNIS PENMAN — DIRECTOR
- DOTTIE GALLAGHER — DIRECTOR
- ELIZABETH HOLDEN — DIRECTOR
- JANIQUE CURRY — DIRECTOR
- KAREN UTZ — DIRECTOR
- KIMBERLEY MINKEL — DIRECTOR
- NATHAN MARTON — DIRECTOR
- SCOTT BYLEWSKI — DIRECTOR
- THOMAS HALLIGAN — DIRECTOR
- THOMAS KUCHARSKI — DIRECTOR
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Property Remediation for Economic Developmentmethodology: property_remediation_for_economic_developmentBy acquiring, remediating, and managing distressed properties, the organization produces urban economic development because improved physical assets attract investment, increase property values, and enable new commercial or residential uses in underserved areas.