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BUFFALO ERIE NIAGARA LAND IMPROVEMENT CORPORATION

BUFFALO, NY · EIN 463582754 · Form 990 · FY2024 · NTEE S31 · Community Improvement · Medium ($1M-$10M)
revenue
$2.9M
expenses
$1.3M
net assets
$5.0M
employees
5
volunteers
10
program ratio
64%
mission · from form 990

TO ACQUIRE, IMPROVE, ASSEMBLE AND SELL DISTRESSED, VACANT, ABANDONED AND/OR TAX DELIQUENT PROPERTIES.

profile · synthesized from sources

BUFFALO ERIE NIAGARA LAND IMPROVEMENT CORPORATION acquires, improves, assembles, and sells distressed, vacant, abandoned, and tax-delinquent properties in Western New York. The organization focuses on revitalizing underutilized real estate to promote community development. Its activities are concentrated in Erie and Niagara Counties, with a mission centered on land reuse and neighborhood stabilization.

named programs · 2 · from sources

What they call their work

Land Assembly
Consolidates fragmented parcels of land to create developable lots for housing or community use
Property Acquisition and Rehabilitation
Acquires distressed, vacant, and tax-delinquent properties; performs repairs and improvements; and resells them to stabilize neighborhoods and promote homeownership
activities · 1 group

What they do

  • Land Bank Property Revitalization 1 activity
    • Acquires and redevelops distressed and tax-delinquent properties
      Acquires, improves, assembles, and sells distressed, vacant, abandoned, and tax-delinquent properties in the Buffalo-Erie-Niagara region.
financials · form 990 · fy2024
revenue
Total revenue$2.90M
Contributions & grants$2.23M77%
Program service revenue$443K15%
Investment income$227K8%
Other revenue$0
expenses
Total expenses$1.28M
Program expenses64%
Admin / overhead36%
Fundraising0%
Salaries & benefits$471K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$9.45M
Cash$6.29M
Investments$0
Liabilities$4.49M
Net assets$4.95M
Liquid reserves58.9 mo
6 years on record · 2019–2024 · YoY revenue +209.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JOCELYN GORDON EXECUTIVE DIRECTOR 40 $148K
board members · 10
  • ADAM MCNEILL — TREASURER
  • BRENDAN R MEHAFFY — CHAIR
  • CATHERINE AMDUR — DIRECTOR
  • CAVETTE CHAMBERS — DIRECTOR
  • DANIEL CASTLE — DIRECTOR
  • DEBORAH SKULSKI-WAKELAM — DIRECTOR (THRU 5/24)
  • DELANO DOWELL — DIRECTOR
  • JEREMY TOTH — DIRECTOR
  • KAREN UTZ — DIRECTOR
  • SCOTT BYLEWSKI — 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 Redevelopment for Community Improvement
    methodology: property_redevelopment
    By acquiring and redeveloping distressed, vacant, abandoned, and tax-delinquent properties, the organization improves community conditions because revitalizing blighted land reduces neighborhood decline and promotes economic and social stability.