COMMON MAPS
Map version new-york activity top-down
MCP Main site Contact
Menu
·
research dossier

WESTERN NEW YORK TECHNOLOGY DEVELOPMENT CENTER INC
BUFFALO, NY · EIN 161188210 · Form 990 · FY2024 · NTEE U40Z · Science & Technology · Medium ($1M-$10M)
revenue
$2.1M
expenses
$2.3M
net assets
$720K
employees
10
volunteers
16
program ratio
91%
mission · from form 990

TO TRANSFORM OUR REGION BY STIMULATING THE GROWTH AND CREATION OF DYNAMIC COMPANIES IN ORDER TO PROVIDE A SUPERIOR STANDARD OF LIVING FOR RESIDENTS.

profile · synthesized from sources

Western New York Technology Development Center Inc supports regional economic growth by fostering the creation and expansion of technology-based companies. The organization focuses on strengthening the local innovation ecosystem to improve economic outcomes and living standards in Western New York. Its efforts are centered on business development within the science and technology sector.

named programs · 3 · from sources

What they call their work

Innovation Ecosystem Development
Coordinates regional stakeholders including universities, investors, and industry to strengthen support infrastructure for technology-based economic development
Startup Acceleration Services
Offers intensive programming for high-potential startups, including market validation, investor readiness, and strategic partnerships
Technology Business Incubation
Provides early-stage tech companies with mentorship, lab space, business planning support, and access to capital to accelerate commercialization and growth
activities · 1 group

What they do

  • Uncategorized 1 activity
    • Supporting company growth and creation to improve regional economic conditions
      Stimulates the growth and creation of dynamic companies as a means to improve the regional standard of living through economic development initiatives.
financials · form 990 · fy2024
revenue
Total revenue$2.15M
Contributions & grants$850K40%
Program service revenue$1.26M58%
Investment income$9K0%
Other revenue$34K
expenses
Total expenses$2.28M
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$1.40M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.10M
Cash$533K
Investments$0
Liabilities$381K
Net assets$720K
Liquid reserves2.8 mo
4 years on record · 2020–2024 · YoY revenue -16.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
BENJAMIN L RAND PRESIDENT OF CORPORATION 40 $228K
JOHN A MCGOWAN BUSINESS CONSULTANT 40 $160K
JAMES S JOHNSON BUSINESS CONSULTANT 40 $155K
RYAN M CASE BUSINESS CONSULTANT 40 $139K
PHILIP J CELOTTO BUSINESS CONSULTANT 40 $137K
LINDA J MCQUILLEN DIRECTOR OF ADMINISTRATION 40 $122K
DAVID R HANITZ BUSINESS CONSULTANT 40 $117K
board members · 18
  • BARBARA PILMORE — BOARD MEMBER
  • CHRISTOPHER J LANSKI — BOARD MEMBER
  • CLAYTON SPAETH — BOARD MEMBER
  • CRAIG FISCHER — BOARD MEMBER
  • CRAIG TURNER — BOARD MEMBER/SECRETARY
  • DALE GIER — BOARD MEMBER/PRESIDENT
  • DR ALAN RAE — BOARD MEMBER (TO 5/30/24)
  • HENRY CIALONE — BOARD MEMBER
  • JAMES KRAMER — BOARD MEMBER
  • KYLE SWIAT — BOARD MEMBER
  • LOUIS PANZICA — BOARD MEMBER
  • MICHAEL PRENDERGAST — BOARD MEMBER
  • PAUL DELLANEVE — BOARD MEMBER
  • PETER AHRENS — BOARD MEMBER
  • ROCCO SURACE — BOARD MEMBER/TREASURER
  • STEPHEN TUCKER — BOARD MEMBER
  • STEVEN F CALZI — BOARD MEMBER/PRESIDENT (TO 5/30/24)
  • THOMAS KAMMERER — BOARD MEMBER
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.