Nonprofit · EIN 82-5163781
INVEST BUFFALO NIAGARA FOUNDATION INC
Tax-exempt · BUFFALO, NY 14203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $298,075 | $122,032 | $176,043 | $947,592 | $270,617 | $676,975 |
| June 30, 2024 | 990 | $221,253 | $44,438 | $176,815 | $653,736 | $152,804 | $500,932 |
| June 30, 2023 | 990 | $279,964 | $275,750 | $4,214 | $629,817 | $305,700 | $324,117 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $282,813
- of which government grants
- $117,813
- Program service revenue
- $0
- Investment income
- $15,262
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $117,813
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $117,813
- Management and general (functional)
- $4,219
Balance sheet and other
- Total assets, start of year
- $653,736
- Total assets, end of year
- $947,592
- Total liabilities, end of year
- $270,617
- Net assets, end of year
- $676,975
- Net assets without donor restrictions
- $676,975
- Gross receipts
- $298,075
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2018
- 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 |
|---|---|---|---|---|---|
| THOMAS A KUCHARSKI | PRESIDENT Officer | 1 | $0 | $332,150 | $53,735 |
| AMY HEMENWAY | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| PETE PETRELLA | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA GANDOUR | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS A KUCHARSKI | PRESIDENT & CEO Officer | 1 | $0 | $336,698 | $40,239 |
| ANTHONY SPADA | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| PETE PETRELLA | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA GANDOUR | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS A KUCHARSKI | PRESIDENT & CEO Officer | 1 | $0 | $309,125 | $10,075 |
| JENNA KAVANAUGH | CHIEF OPERATING OFFICER - THRU JAN '23 Highest-paid employee | 1 | $0 | $142,063 | $3,949 |
| ANTHONY SPADA JR | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| PETE PETRELLA | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA GANDOUR | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 403 MAIN ST STE 600, BUFFALO, NY 14203-2112
- Principal officer (990 for 2024)
- THOMAS A KUCHARSKI, 403 MAIN STREET 600, BUFFALO, NY 14203
- Signed the 990
- THOMAS A KUCHARSKI, PRESIDENT & CEO
- Phone
- (800) 916-9673
- Return prepared by
- LUMSDEN & MCCORMICK LLP
Mission
INVEST BUFFALO NIAGARA FOUNDATION, INC. IS A VEHICLE TO SOLICIT CHARITABLE CONTRIBUTIONS TO DEVELOP PROGRAMS, COLLABORATE WITH, AND PROVIDE FUNDING TO ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK.
Program accomplishments
- DEVELOP PROGRAMS, COLLABORATE WITH, AND PROVIDE FUNDING TO ORGANIZATIONS THAT ADVANCE AND ENCOURAGE ECONOMIC DEVELOPMENT IN WESTERN NEW YORK.Expenses $117,813 · grants $117,813
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
- 82-5163781
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $947,592
- Income (IRS master file)
- $298,075
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $298,075 | $122,032 | $947,592 | IRS |
| 990 | June 2024 | $221,253 | $44,438 | $653,736 | XML |
| 990 | June 2023 | $279,964 | $275,750 | $629,817 | XML |
| 990 | June 2022 | $316,516 | $151,575 | $421,403 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | 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 82-5163781).
Questions about INVEST BUFFALO NIAGARA FOUNDATION INC
- What is the EIN of INVEST BUFFALO NIAGARA FOUNDATION INC?
- The employer identification number (EIN) of INVEST BUFFALO NIAGARA FOUNDATION INC is 82-5163781.
- Is INVEST BUFFALO NIAGARA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to INVEST BUFFALO NIAGARA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INVEST BUFFALO NIAGARA FOUNDATION 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 INVEST BUFFALO NIAGARA FOUNDATION 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 INVEST BUFFALO NIAGARA FOUNDATION 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 INVEST BUFFALO NIAGARA FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names THOMAS A KUCHARSKI.
- Who are the officers and directors of INVEST BUFFALO NIAGARA FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does INVEST BUFFALO NIAGARA FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $298,075, expenses of $122,032 and total assets of $947,592 at year end.
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