2024-11-15T08:30:15-06:00 2023-12-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-01-01 463582754 BUFFALO ERIE NIAGARA LAND IMPROVEMENT CORPORATION BUFF 7162433996 403 MAIN STREET 602 BUFFALO NY 14203 JOCELYN GORDON EXECUTIVE DIRECTOR 7162433996 2024-11-06 1 1 SETH D HENNARD P02490085 7168563300 2024-11-06 2023 2024-10-15 13:58:12Z JOCELYN GORDON 403 MAIN STREET 602 BUFFALO NY 14203 1861052 0 X WWW.BENLIC.ORG X 2012 NY TO ACQUIRE, IMPROVE, ASSEMBLE AND SELL DISTRESSED, VACANT, ABANDONED AND/OR TAX DELIQUENT PROPERTIES. 11 11 6 11 0 0 199530 258066 1441755 615795 0 63834 2103 1 1643388 937696 0 0 0 0 362164 382379 0 0 0 2020268 1044806 2382432 1427185 -739044 -489489 4358495 3688077 538674 357745 3819821 3330332 X THE BUFFALO ERIE NIAGARA LAND IMPROVEMENT CORPORATION (BENLIC) SEEKS TO CONFRONT AND ALLEVIATE THE PROBLEMS DISTRESSED PROPERTIES CAUSE TO COMMUNITIES BY SUPPORTING MUNICIPAL AND REGIONAL REVITALIZATION EFFORTS AND STRATEGICALLY ACQUIRING, IMPROVING, ASSEMBLING AND SELLING DISTRESSED, VACANT, ABANDONED AND AND/OR TAX-DELINQUENT PROPERTIES. 0 0 1087727 615796 BENLIC UTILIZES VARIOUS PROGRAMS TO TRANSFER AND SELL PROPERTIES. MUNICIPAL TRANSFERS ARE EMPLOYED FOR DEMOLITIONS AND COMMUNITY-FUNDED REHABILITATIONS. TRANSFERS ARE ALSO USED FOR PARTNERS TO REHABILITATE PROPERTIES, INCLUDING NOT-FOR-PROFIT ORGANIZATIONS AND PROGRAMS PROMOTING MINORITY-OWNED CONTRACTORS. BENLIC'S VACANT TO VALUE PROGRAM SELLS PROPERTIES TO QUALIFIED BUYERS CAPABLE OF MAKING NECESSARY REPAIRS AND RENOVATIONS. OTHER PROPERTIES UNDERGO SIGNIFICANT REPAIRS AND RENOVATIONS AND ARE THEN SOLD BY BENLIC TO THE PUBLIC OR TO INCOME-QUALIFIED BUYERS. THIS MULTI-PROGRAMMATIC APPROACH ALLOWS BENLIC TO APPLY THE BEST METHOD TO EACH PROPERTY BASED ON THE HOUSING MARKET AND THE NEEDS OF EACH COMMUNITY. IN 2023, BENLIC DID NOT ACQUIRE ANY PROPERTIES AND DISPOSED OF 11 PROPERTIES. 1087727 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NY X JOCELYN GORDON 7162433996 403 MAIN ST SUITE 602 BUFFALO NY 14203 BRENDAN R MEHAFFY CHAIR 1.00 X X 0 0 0 CATHERINE AMDUR DIRECTOR 1.00 X X 0 0 0 SCOTT BYLEWSKI TREASURER 1.00 X X 0 0 0 DANIEL CASTLE DIRECTOR 1.00 X 0 0 0 CAVETTE CHAMBERS DIRECTOR 1.00 X 0 0 0 DELANO DOWELL DIRECTOR 1.00 X 0 0 0 OLUWOLE OJ MCFOY DIRECTOR 1.00 X 0 0 0 DEBORAH SKULSKI-WAKELAM DIRECTOR 1.00 X 0 0 0 JEREMY TOTH DIRECTOR 1.00 X 0 0 0 KAREN UTZ DIRECTOR 1.00 X 0 0 0 JOCELYN GORDON EXECUTIVE DIRECTOR 40.00 X 110445 0 30218 110445 0 30218 1 0 0 0 ED WOJCIK 3172 SOUTH PARK AVENUE LACKAWANNA NY 14218 CONSTRUCTION 278875 BUCCILLI RENOVATIONS LLC 4324 MANOR LANE HAMBURG NY 14075 CONSTRUCTION 188859 2 258066 258066 PROPERTY SALES 531390 615795 615795 615795 38680 38680 948510 923356 25154 25154 25154 1 1 1 937696 615796 0 63834 140664 28133 112531 177900 100692 77208 13717 8838 4879 26195 14981 11214 23903 10178 13725 45434 45434 22322 22322 26339 26339 11350 11350 COST OF SALES 922874 922874 16487 2031 14456 1427185 1087727 339458 0 2038262 2695176 987190 10521 40480 1316124 945284 4542 5281 1856 1856 4358495 3688077 96445 17765 442229 339980 538674 357745 X 3819821 3330332 3819821 3330332 4358495 3688077 -489489 0 X X 0 1 X 1 0 X 1101231 1086363 617366 199530 258066 3262556 1101231 1086363 617366 199530 258066 3262556 3262556 12373 20472 38680 71525 2103 1 2104 3336185 0.97790 0.99200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER AMOUNTS DUE TO MUNICIPALITIES 339980 339980 937696 0 937696 0 937696 1427185 0 1427185 0 1427185 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL BOARD MEMBERS VIA EMAIL FOR REVIEW BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED AT LEAST ANNUALLY BY BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION. IF A POTENTIAL CONFLICT EXISTS, THE BOARD MEMBER OR OFFICER WILL ABSTAIN FROM DELIBERATIONS AND VOTING. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY THE EXECUTIVE DIRECTOR COMPLETES A QUESTIONNAIRE AND SUBMITS IT TO BE REVIEWED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS. THE QUESTIONNAIRE IS THEN SUBMITTED TO THE PERSONNEL SUBCOMMITTEE. THE SUBCOMMITTEE REVIEWS THE QUESTIONNAIRE AND RECOMMENDS THE SALARY FOR THE EXECUTIVE DIRECTOR TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE/DENY THE RECOMMENDED SALARY AT THE SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THEIR WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.