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CENTRAL TERMINAL RESTORATION CORP

BUFFALO, NY · EIN 161536196 · Form 990 · FY2024 · NTEE A80 · Arts, Culture & Humanities · Medium ($1M-$10M) · buffalocentralterminal.org
revenue
$3.1M
expenses
$725K
net assets
$11.1M
employees
3
volunteers
90
program ratio
84%
mission · from form 990

TO DEVELOP THE BUFFALO CENTRAL TERMINAL - A MAJESTIC HISTORIC LANDMARK - AS A LASTING CULTURAL AND ECONOMIC HUB FOR THE COMMUNITY.

profile · synthesized from sources

Central Terminal Restoration Corp. is redeveloping the historic Buffalo Central Terminal into a mixed-use cultural and economic hub for the community. The organization leads preservation, stabilization, and adaptive reuse efforts in partnership with developers and community stakeholders. Its work includes structural repairs, public space activation, and planning for mixed-income housing, workforce development, and community programming.

named programs · 5 · from sources

What they call their work

Civic Commons Activation
Year-round public programming on the Terminal grounds including concerts, festivals, movie nights, wellness programs, and art shows to foster community connection
Great Lawn Placemaking
Transform the historic Lawn into a community-designed green space for public gatherings, events, and civic activities through a community-engaged design process
Historic Structures & Cultural Landscape Report
Comprehensive assessment to guide preservation decisions in accordance with Secretary of the Interior’s Standards, supporting eligibility for historic tax credits
Phase 2 Capital Improvements
Address structural and masonry issues in the Main Terminal Building, Tower, and parking garage; repair the Guastavino vaulted ceiling; and conduct roof and window repairs to prevent water intrusion
Rain Gardens Project
Install two rain gardens with native plants at the Terminal entrance to manage stormwater, beautify the area, and support environmental justice
activities · 7 groups

What they do

  • Neighborhood Civic Engagement 1 activity
    • Community engagement and advisory planning for the Terminal's reuse
      Convened a 25-member Community Advisory Council and conducted multiple public engagement meetings to inform the Master Plan and redevelopment vision, ensuring community input from Broadway-Fillmore residents, local businesses, and preservation stakeholders.
  • Neighborhood Revitalization Initiatives 1 activity
    • Development and implementation of the Buffalo Central Terminal Master Plan
      Developed and is implementing a community-informed, phased redevelopment plan for the Buffalo Central Terminal, including publishing the Master Plan in 2021 and advancing its vision through capital improvements, public activations, and economic development initiatives.
  • Urban Park and Public Space Conservation 1 activity
    • Development of public spaces and site enhancements
      Plans and implements activations of the Great Lawn and other outdoor areas, including launching the "Seat at the Table" community space with custom-built seating and tables, and using state funding to enhance safety and usability of public spaces.
  • Free Outdoor Music Concerts 1 activity
    • Hosting cultural and community events at the Buffalo Central Terminal
      Operates the Civic Commons as a year-round event venue and hosts public events including the CIRCLE THURSDAYS summer concert series, block parties, and 16 events on the historic lawn in 2024 that attracted over 8,000 attendees.
  • Guided Historic Site Tours 1 activity
    • Provision of public educational resources and tours
      Offers a self-guided outdoor audio tour of the Buffalo Central Terminal that highlights the site’s history, architecture, and future redevelopment plans.
  • Historic Building Restoration and Preservation 1 activity
    • Restoration and stabilization of the Buffalo Central Terminal
      Leads the physical restoration and structural stabilization of the historic Buffalo Central Terminal, including completing Phase 1 Capital Improvements such as roof repair, masonry work, asbestos abatement, and sewer line repairs, and advancing Phase 2 improvements through conditions assessments and design planning through 2025.
  • Uncategorized 1 activity
    • Publication of historic preservation and planning studies
      Commissioned and published key planning documents including the Historic Structures Report and Cultural Landscape Report in 2025, and completed these studies by October 2023, to guide preservation work in accordance with national historic standards.
financials · form 990 · fy2024
revenue
Total revenue$3.09M
Contributions & grants$3.08M100%
Program service revenue$3K0%
Investment income$7K0%
Other revenue$400
expenses
Total expenses$725K
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$287K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$21.30M
Cash$734K
Investments$0
Liabilities$10.22M
Net assets$11.07M
Liquid reserves12.2 mo
5 years on record · 2020–2024 · YoY revenue +75.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
MONICA PELLEGRINO FAIX EXECUTIVE DIRECTOR 40 $147K
board members · 13
  • ANGELA KLEIN — DIRECTOR
  • ANNIE O'NEIL WHITE — VICE CHAIR
  • CARL SKOMPINSKI — DIRECTOR
  • CHRISTINA ORSI — DIRECTOR
  • GUSTAVO LIMA — DIRECTOR
  • JAMES MORRELL — CHAIR
  • JOHN JILOTY — SECRETARY
  • KIMBERLEY LAVARE — DIRECTOR
  • MIKE NISENGARD — DIRECTOR
  • PAUL HARRIS — DIRECTOR
  • RISHAWN SONUBI — DIRECTOR
  • THOMAS BEAUFORD JR — DIRECTOR
  • THOMAS KUCHARSKI — TREASURER
relationships · 43

Who they work with

  • Bank of America Funder — Funder through the East Side Avenues partnership.
  • Barbara A. Campagna/Architecture + Planning Partner — Engaged to lead the Historic Structures Report and Cultural Landscape Report for the Buffalo Central Terminal.
  • Broadway-Fillmore Neighborhood Partner — Collaborates with the Broadway-Fillmore neighborhood through integrated planning and shared revitalization goals.
  • Broadway-Fillmore residents Partner — Engaged as core participants in the Community Advisory Council, providing input during the Master Plan development process.
  • Buffalo Central Terminal Partner — Co-hosts CIRCLE THURSDAYS events at the Central Terminal.
  • Buffalo Sewer Authority Government — Administers the Rain Check 2.0 Green Infrastructure Grant Program that funds green infrastructure projects at the Terminal.
  • CB Emmanuel Realty LLC Partner — Selected as a preferred development partner to advance the reuse of the Buffalo Central Terminal campus.
  • Cannon Heyman & Weiss, LLP Funder — Funder through the East Side Avenues partnership.
  • Central Terminal Neighborhood Association (CTNA) Partner — Community partner involved in outreach and implementation of the Terminal’s vision, represented in community engagement events.
  • City of Buffalo Partner — Partner in selecting development teams and co-implementing capital improvements at the Buffalo Central Terminal.
  • Community Foundation for Greater Buffalo Funder — Funder through the East Side Avenues partnership.
  • East Side Avenues Partner — Partner organization whose annual reports are included in the Partner Reports section.
  • East Side Avenues Partner — Partnership providing capital and organizational support for transformational projects on Buffalo's East Side, including the Central Terminal.
  • East Side Avenues initiative Government — Provided game-changing investment in 2019 that enabled CTRC to grow organizational capacity and advance the Terminal's redevelopment.
  • Empire State Development Government — Funder through the East Side Avenues partnership and part of the Regional Revitalization Partnership.
  • Evans Bank Funder — Funder through the East Side Avenues partnership.
  • Five Star Bank Funder — Funder through the East Side Avenues partnership.
  • Goo Goo Dolls Partner — Collaborates with members of the Goo Goo Dolls to provide voice segments for the outdoor audio tour.
  • Greenprint Partners Partner — Partnered to develop green infrastructure improvements, including rain gardens, using a community-engaged design process.
  • Joe Cascio Partner — Photographer who donated time and services to document the Central Terminal.
  • Key Bank/First Niagara Foundation Funder — Funder through the East Side Avenues partnership.
  • M&T Bank Funder — Funder through the East Side Avenues partnership.
  • New York State Government — Primary funder of Phase 1 and Phase 2 capital improvements through the Regional Revitalization Partnership and Empire State Development.
  • Northwest Bank Funder — Funder through the East Side Avenues partnership.
  • Preservation Buffalo Niagara Partner — Partner organization that published "Everyone’s Heritage: The Impact of Historic Preservation in Buffalo" in 2022.
  • Project for Public Spaces Funder — Awarded a Community Placemaking Grant to transform the Terminal's Great Lawn into a community-designed green space.
  • Project for Public Spaces Partner — Provided a Community Placemaking Grant to support the transformation of the Great Lawn into a civic green space.
  • Quinn Evans Partner — Collaborates on architectural and preservation work for the Central Terminal, credited in project imagery.
  • Quinn Evans Partner — Serves as the prime architect for the Phase 2 Capital Improvements at the Buffalo Central Terminal.
  • Ralph C. Wilson Foundation Funder — Philanthropic funder supporting Phase 2 Capital Improvements at the Buffalo Central Terminal.
+ 13 more
strategies · 3

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.

  • Community-Engaged Planning for Equitable Redevelopment
    methodology: community-driven_redevelopment
    By centering community input through resident-led advisory structures and inclusive planning processes, the organization ensures that redevelopment reflects local needs and values, because equitable and inclusive decision-making strengthens ownership, trust, and long-term sustainability of revitalization efforts.
  • Cultural Activation to Build Civic Engagement
    methodology: community_placemaking
    By programming live music, storytelling, and public space activation in underutilized areas, the organization fosters community connection and engagement, because shared cultural experiences in meaningful places transform public perception and build emotional investment in the site’s future.
  • Historic Preservation as Catalyst for Community Revitalization
    methodology: historic_preservation_reuse
    By restoring and adaptively reusing the historic Central Terminal, the organization drives community revitalization and shifts public perception from decline to renewal, because preserving architectural heritage fosters civic pride, attracts investment, and creates a shared sense of place.