Nonprofit · EIN 16-1301210
UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC
Tax-exempt · BUFFALO, NY 14226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $588,111 | $583,510 | $4,601 | $1,216,093 | $132,115 | $1,083,978 |
| June 30, 2024 | 990 | $629,016 | $596,695 | $32,321 | $1,276,381 | $196,981 | $1,079,400 |
| June 30, 2023 | 990 | $888,027 | $639,441 | $248,586 | $1,291,042 | $243,963 | $1,047,079 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $36,371
- Program service revenue
- $551,740
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $190,362
- Depreciation
- $122,450
- Program services (functional)
- $583,510
Balance sheet and other
- Total assets, start of year
- $1,276,381
- Total assets, end of year
- $1,216,093
- Total liabilities, end of year
- $132,115
- Net assets, end of year
- $1,083,978
- Land, buildings and equipment
- $1,097,282
- Net assets without donor restrictions
- $1,083,978
- Gross receipts
- $588,111
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1988
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANASTACIA S KNAPPER | CHIEF EXECUTIVE OFFICER Officer | 2 | $0 | $389,550 | $74,275 |
| PATRICK RICHEY | CHIEF FINANCIAL OFFICER Officer | 2 | $0 | $270,017 | $32,350 |
| STEVEN H SHEPSMAN | CHAIR/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DANIEL M HAMISTER | VICE CHAIR/DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIELLE SHAINBROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CHIAZZA | DIRECTOR (until 1/3/25) Trustee or director | 1 | $0 | $0 | $0 |
| JEAN POWERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL A NUSSBAUM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RONALD SCHREIBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERRENCE M GILBRIDE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANASTACIA KNAPPER | CHIEF EXECUTIVE OFFICER Officer | 2 | $0 | $361,894 | $68,156 |
| PATRICK RICHEY | CHIEF FINANCIAL OFFICER Officer | 2 | $0 | $248,804 | $29,814 |
| DAVID CHIAZZA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUJATA YALAMANCHILI | DIRECTOR (THRU 12/31/2023) Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL HAMISTER | VICE CHAIR/DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEAN POWERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RONALD SCHREIBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIELLE SHAINBROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN H SHEPSMAN | CHAIR/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANASTACIA KNAPPER | CHIEF EXECUTIVE OFFICER Officer | 2 | $0 | $373,671 | $64,350 |
| EDWARD SCHNEIDER | FORMER EXECUTIVE DIRECTOR Former | 0 | $0 | $252,969 | $0 |
| SHELDON BERLOW | DIRECTOR (UNTIL 1/12/23) Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CHIAZZA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLAUDIA D FOSKET | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL HAMISTER | VICE CHAIR/DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEAN POWERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RONALD SCHREIBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIELLE SHAINBROWN | DIRECTOR (AS OF 7/1/22) Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN H SHEPSMAN | CHAIR/DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUJATA YALAMANCHILI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PATRICK RICHEY | CHIEF FINANCIAL OFF (AS OF 12/12/22) Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 900, BUFFALO, NY 14226-0900
- In care of
- % EDWARD P SCHNEIDER
- Principal officer (990 for 2024)
- ANASTACIA S KNAPPER, BOX 900, BUFFALO, NY 142260900
- Signed the 990
- PATRICK E RICHEY, CHIEF FINANCIAL OFFICER
- Phone
- (716) 645-3013
- Website
- WWW.UB-FOUNDATION.ORG
- Return prepared by
- KPMG LLP
Mission
THE ORGANIZATION OPERATES AN INCUBATOR FACILITY TO IDENTIFY AND AID START-UP BUSINESSES WITH A PURPOSE OF STIMULATING DEVELOPMENT AND INCREASING INTERACTION BETWEEN THE UNIVERSITY AT BUFFALO AND SUCH BUSINESSES.
Program accomplishments
- THE PURPOSE OF THE FACILITY IS TO IDENTIFY AND AID START-UP BUSINESS AND INDUCE SUCH BUSINESSES TO OCCUPY THE INCUBATOR FACILITY WITH THE PURPOSE OF INCREASING EMPLOYMENT, STIMULATING ECONOMIC DEVELOPMENT AND INCREASING THE INTERACTION BETWEEN THE STATE UNIVERSITY OF NEW YORK AT BUFFALO AND SUCH START-UP BUSINESSES. THE 40,000 SQUARE FOOT FACILITY WAS DESIGNED TO BE AND STILL IS FDA COMPLIANT, A CRITICAL STEP FOR COMPANIES DEVELOPING EITHER PHARMACEUTICAL PRODUCTS OR MEDICAL DEVICES. THE GRADUATES OF THE INCUBATOR REPRESENT A VARIETY OF TECHNOLOGIES INCLUDING SOFTWARE, ENGINEERING, SYNTHETIC INTELLIGENCE, ENVIRONMENTAL, EDUCATION, LASERS, PHOTONICS, PHARMACEUTICALS AND OTHERS.Expenses $583,510 · revenue $551,740
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1301210
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $1,216,093
- Income (IRS master file)
- $588,111
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $588,111 | $583,510 | $1,216,093 | IRS |
| 990 | June 2024 | $629,016 | $596,695 | $1,276,381 | IRS |
| 990 | June 2023 | $888,027 | $639,441 | $1,291,042 | XML |
| 990 | June 2022 | $542,734 | $612,370 | $1,153,707 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1301210).
Questions about UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC
- What is the EIN of UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC?
- The employer identification number (EIN) of UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC is 16-1301210.
- Is UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC?
- The 990 for the year ended June 30, 2025 names ANASTACIA S KNAPPER.
- Who are the officers and directors of UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $588,111, expenses of $583,510 and total assets of $1,216,093 at year end.
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