Nonprofit · EIN 27-0580274
BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC
Tax-exempt · BUFFALO, NY 14213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,776,479 | $1,040,969 | $1,735,510 | $5,802,721 | $804,354 | $4,998,367 |
| December 31, 2023 | 990 | $2,243,540 | $1,706,563 | $536,977 | $4,653,546 | $1,390,689 | $3,262,857 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,735,718
- of which government grants
- $199,820
- Program service revenue
- $1,040,730
- Investment income
- $31
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $256,955
- Salaries, compensation and benefits (total)
- $313,087
- Professional fundraising fees
- $0
- Legal fees
- $5,931
- Accounting fees
- $16,000
- Occupancy
- $83,315
- Travel
- $14,839
- Depreciation
- $134,304
- Program services (functional)
- $976,022
- Management and general (functional)
- $64,947
Balance sheet and other
- Total assets, start of year
- $4,653,546
- Total assets, end of year
- $5,802,721
- Total liabilities, end of year
- $804,354
- Net assets, end of year
- $4,998,367
- Land, buildings and equipment
- $2,929,079
- Net assets without donor restrictions
- $4,998,367
- Gross receipts
- $2,776,479
- Employees
- 8
- Volunteers
- 50
- Year formed
- 2009
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DAWN WELLS-CLYBURN | VICE PRESIDENT Officer | 1 | $0 | $87,988 |
| RAMONE ALEXANDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JIM ANDERSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SHIRLEY SARMIENTO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| RAHWA GHIRMATZION | VICE PRESIDENT Officer | 1 | $0 | $103,452 |
| DAWN WELLS-CLYBURN | VICE PRESIDENT Officer | 1 | $0 | $82,294 |
| ROBERT JAHNKE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RAMONE ALEXANDER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JIM ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 429 PLYMOUTH AVE STE 1, BUFFALO, NY 14213-2180
- In care of
- % SEAN RYAN
- Principal officer (990 for 2024)
- DAWN WELLS-CLYBURN, 429 PLYMOUTH AVE SUITE 1, BUFFALO, NY 14213
- Signed the 990
- DAWN WELLS-CLYBURN, EXECUTIVE DIRECTOR
- Phone
- (716) 884-0356
- Return prepared by
- FLAHERTY SALMIN LLP
Mission
THE BUFFALO NEIGHBORHOOD STABILIZATION CORPORATION (BNSC) IS PUSH'S NONPROFIT HOUSING DEVELOPMENT CORPORATION, SPECIALIZING IN MANAGING AFFORDABLE RENTAL UNITS, LAND BANKING, PROPERTY STABILIZATION, GREEN INFRASTRUCTURE, LANDSCAPE MANAGEMENT, AND COMMUNITY PLANNING. BNSC STRIVES TO DECREASE THE RATE OF HOUSING ABANDONMENT BY RECLAIMING EMPTY HOUSES FROM NEGLECTFUL OWNERS AND REDEVELOPING THEM FOR OCCUPANCY BY LOW-INCOME RESIDENTS.
Program accomplishments
- COMMUNITY ENERGYASSISTS HOMEOWNERS WITH ENERGY EFFICIENCY/WEATHERIZATION, CLEAN HEATING AND COOLING, ROOFTOP AND COMMERCIAL SOLAR. TO HELP NEW YORKERS ACCESS AND NAVIGATE OPPORTUNITIES IN THE CLEAN ENERGY ECONOMY NYSERDA CREATED CLEAN ENERGY HUBS. PUSH IS THE WESTERN NEW YORK CLEAN ENERGY HUB SERVING FIVE COUNTIES. PUSH ALSO PARTICIPATES IN THE FOLLOWING PROGRAMS - BUFFALO EAST HOMEOWNER IMPROVEMENT PROGRAM (BEHIP) IS A GRANT PROGRAM THAT PROVIDES FINANCIAL ASSISTANCE FOR HOME REPAIRS TO LOW-INCOME HOMEOWNERS ON BUFFALO EAST SIDE, 16 PROJECTS WERE COMPLETED. WARM AND DRY IS A PROGRAM AIMED AT HELPING LOW-MODERATE-INCOME HOMEOWNERS ADDRESS HOME REPAIR NEEDS THAT ENSURE A WARM AND DRY LIVING ENVIRONMENT, 5 HOUSES WERE COMPLETED. 405 ENGAGEMENTS LEADING TO A REFERRAL.Expenses $291,510 · revenue $56,321
- COMMUNITY DEVELOPMENTBNSC CONDUCTS COMMUNITY DEVELOPMENT ACTIVITIES WHICH INCLUDE LAND BANKING, PROPERTY STABILIZATION, GREEN INFRASTRUCTURE, LANDSCAPE MANAGEMENT AND COMMUNITY PLANNING PURPOSES. FOR FUTURE DEVELOPMENT PROJECTS, BNSC ACQUIRES AND HOLDS PROPERTIES. BNSC ALSO ACQUIRES AND HOLDS VACANT LOTS FOR NEIGHBORHOOD STABILIZATION PURPOSES. MANY OF THESE VACANT LOTS SERVE AS DEMONSTRATION PROJECTS SUCH AS COMMUNITY GARDENS (BNSC MANAGES CLOSE TO 50 COMMUNITY PLOTS IN TWO GARDENS) AND RAIN GARDENS TO ADDRESS STORM WATER MANAGEMENT. BNSC'S LANDSCAPE MANAGEMENT DEPARTMENT INCLUDES A WORK YARD FOR EQUIPMENT, TOOLS AND SUPPLIES STORAGE, A GREENHOUSE AND A NURSERY GARDEN FOR USE IN STORMWATER MANAGEMENT AND VACANT LOT MANAGEMENT.Expenses $229,838
- HOUSING DEVELOPMENTPUSH HAS DEVELOPED AN INNOVATIVE PROGRAM WITH DOCUMENTED EFFECTIVENESS TO ACQUIRE AND REHABILITATE RESIDENTIAL HOUSING AND VACANT LAND IN BUFFALO. THE PROGRAM HAS ACCOMPLISHED RENOVATIONS OF MULTIPLE UNITS. PUSH ALSO INTEGRATES "GREEN" DEVELOPMENT INTO EACH OF ITS DEVELOPMENT PROJECTS, INSTALLATION OF GREEN INFRASTRUCTURE SUCH AS ON-DEMAND WATER HEATERS, RADIANT FLOOR HEATING, SOLAR PANELS, AND GEOTHERMAL HEATING SYSTEMS. IN 2024 49 UNITS ACROSS 14 SITES WERE PUT INTO SERVICE.Expenses $454,674 · revenue $984,409
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 | Not 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
- 27-0580274
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $5,802,721
- Income (IRS master file)
- $2,776,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,776,479 | $1,040,969 | $5,802,721 | XML |
| 990 | December 2023 | $2,243,540 | $1,706,563 | $4,653,546 | XML |
| 990 | December 2022 | $2,195,855 | $889,462 | $3,771,057 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 27-0580274).
Questions about BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC
- What is the EIN of BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC?
- The employer identification number (EIN) of BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC is 27-0580274.
- Is BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUFFALO NEIGHBORHOOD STABILIZATION COMPANY 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 NEIGHBORHOOD STABILIZATION COMPANY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC?
- The 990 for the year ended December 31, 2024 names DAWN WELLS-CLYBURN.
- Who are the officers and directors of BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,776,479, expenses of $1,040,969 and total assets of $5,802,721 at year end.
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