Nonprofit · EIN 23-7363788
BUFFALO PLACE INC
Tax-exempt · BUFFALO, NY 14203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,045,419 | $1,215,551 | -$170,132 | $611,773 | $80,020 | $531,753 |
| December 31, 2024 | 990 | $1,231,881 | $1,018,831 | $213,050 | $774,405 | $72,520 | $701,885 |
| December 31, 2023 | 990 | $874,155 | $820,671 | $53,484 | $657,304 | $168,469 | $488,835 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $331,166
- of which government grants
- $31,239
- Program service revenue
- $697,728
- Investment income
- $11,828
- Other revenue
- $4,697
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $323,047
- Other salaries and wages
- $66,307
- Salaries, compensation and benefits (total)
- $456,341
- Professional fundraising fees
- $0
- Occupancy
- $65,972
- Travel
- $1,093
- Depreciation
- $6,325
- Program services (functional)
- $972,440
- Management and general (functional)
- $243,111
Balance sheet and other
- Total assets, start of year
- $774,405
- Total assets, end of year
- $611,773
- Total liabilities, end of year
- $80,020
- Net assets, end of year
- $531,753
- Land, buildings and equipment
- $74,634
- Net assets without donor restrictions
- $531,753
- Gross receipts
- $1,045,419
- Employees
- 22
- Volunteers
- 0
- Year formed
- 1985
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T SCHMAND | EXECUTIVE DIRECTOR Officer | 40 | $211,902 | $5,578 |
| W MORGAN SMITH | DEPUTY EXECUTIVE DIRECTOR Officer | 40 | $111,145 | $5,426 |
| STEVEN J CARMINA | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| HON CHRISTOPHER L JACOBS | PRESIDENT & VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| DANIEL CASTLE | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PAUL F CIMINELLI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| BARBARA A DANNER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROCCO TERMINI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANTHONY J BAYNES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STAN MAKOWSKI JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM PALADINO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAWRENCE DUPRE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NADINE MARRERO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HON BRIAN M HIGGINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEAH HALTON-POPE | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERICK KRAJACIC | DIRECTOR Trustee or director | 2 | $0 |
| RICKY P LUTHRA | COUNSEL (NON-VOTING) Officer | 2 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T SCHMAND | EXEC. DIR/V.P.(NON-VOTING) Officer | 40 | $161,974 | $5,437 |
| ANTHONY J BAYNES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEITH M BELANGER | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| STEVEN J CARMINA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DANIEL CASTLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAUL F CIMINELLI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANTHONY J COLUCCI III | PRESIDENT & VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| HON CHRISTOPHER L JACOBS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| STAN MAKOWSKI JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM PALADINO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROCCO TERMINI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARBARA A DANNER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HON LAWRENCE DUPRE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN GOULD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HON BRIAN M HIGGINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDRA BARNES | COUNSEL (NON-VOTING) Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL T SCHMAND | EXEC. DIR/V.P.(NON-VOTING) Trustee or director, Officer | 40 | $182,497 | $5,299 |
| ANTHONY J BAYNES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEITH M BELANGER | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| STEVEN J CARMINA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DANIEL CASTLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAUL F CIMINELLI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANTHONY J COLUCCI III | PRESIDENT & VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| HON CHRISTOPHER L JACOBS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| HON HOWARD J JOHNSON JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL MISKO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARL P PALADINO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROCCO TERMINI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDRA SCHOELLKOPF | COUNSEL (NON-VOTING) Trustee or director | 2 | $0 | $0 |
| BARBARA A DANNER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 671 MAIN ST, BUFFALO, NY 14203-1404
- Principal officer (990 for 2025)
- STEVEN J CARMINA, 671 MAIN STREET, BUFFALO, NY 14203
- Signed the 990
- STEVEN J CARMINA, CHAIRPERSON
- Phone
- (716) 856-3150
- Website
- WWW.BUFFALOPLACE.COM
- Return prepared by
- EFPR ADVISORY LLC
Mission
DOWNTOWN REVITALIZATION OF BUFFALO, NEW YORK
Program accomplishments
- MAINTENANCE AND PROMOTION OF THE SPECIAL CHARGE DISTRICT IN DOWNTOWN BUFFALO, NEW YORK, AND PARTICIPATION IN OTHER DOWNTOWN DEVELOPMENT PROJECTS.Expenses $972,440 · revenue $697,728
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7363788
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $611,773
- Income (IRS master file)
- $1,045,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,045,419 | $1,215,551 | $611,773 | XML |
| 990 | December 2024 | $1,231,881 | $1,018,831 | $774,405 | XML |
| 990 | December 2023 | $874,155 | $820,671 | $657,304 | XML |
| 990 | December 2022 | $759,178 | $1,195,626 | $443,053 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7363788).
Questions about BUFFALO PLACE INC
- What is the EIN of BUFFALO PLACE INC?
- The employer identification number (EIN) of BUFFALO PLACE INC is 23-7363788.
- Is BUFFALO PLACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1974.
- Are donations to BUFFALO PLACE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUFFALO PLACE 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 BUFFALO PLACE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUFFALO PLACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BUFFALO PLACE INC?
- The 990 for the year ended December 31, 2025 names STEVEN J CARMINA.
- Who are the officers and directors of BUFFALO PLACE INC?
- The 990 for the year ended December 31, 2025 lists 17 people; 2 received compensation from the organization, the highest $211,902 (MICHAEL T SCHMAND, EXECUTIVE DIRECTOR).
- How much revenue does BUFFALO PLACE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,045,419, expenses of $1,215,551 and total assets of $611,773 at year end.
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