Nonprofit · EIN 92-2484969
EAST BUFFALO DEVELOPMENT CORPORATION
Tax-exempt · BUFFALO, NY 14215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $254,258 | $243,062 | $11,196 | $11,849 | $656 | $11,193 |
| December 31, 2023 | 990-EZ | $12,055 | $12,058 | -$3 | $0 | $3 | -$3 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $229,258
- of which government grants
- $45,000
- Program service revenue
- $25,000
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $21,194
- Other salaries and wages
- $4,395
- Salaries, compensation and benefits (total)
- $28,491
- Professional fundraising fees
- $0
- Occupancy
- $40,419
- Travel
- $5,664
- Depreciation
- $462
- Program services (functional)
- $178,936
- Management and general (functional)
- $59,406
- Fundraising (functional)
- $4,720
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $11,849
- Total liabilities, end of year
- $656
- Net assets, end of year
- $11,193
- Land, buildings and equipment
- $11,849
- Net assets without donor restrictions
- $11,193
- Gross receipts
- $254,258
- Employees
- 2
- Volunteers
- 36
- Year formed
- 2023
- 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 |
|---|---|---|---|
| Essence Sweat | Executive Director Institutional trustee | 5 | $21,194 |
| Ike Baker | President Trustee or director, Officer | 1 | $0 |
| Marcell Redden | Vice President Trustee or director, Officer | 1 | $0 |
| Annette Watts | Treasurer Trustee or director, Officer | 1 | $0 |
| Lisa Napier | Secretary Trustee or director, Officer | 1 | $0 |
| Brandon Baxter | Board Member Trustee or director | 1 | $0 |
| Josh Enri | Board Member Trustee or director | 1 | $0 |
| Talia Huff -Johnson | Board Member Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Essence Sweat | Executive Director | 5 | $1,511 |
| Anita Sanders | Vice President | 5 | $0 |
| Annette Watts | Secretary and Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3185 BAILEY AVE, BUFFALO, NY 14215-1636
- Principal officer (990 for 2024)
- Essence Sweat, 60 Clyde Avenue Building 1, Buffalo, NY 14215
- Signed the 990
- Essence Sweat, Executive Director
- Phone
- (716) 222-3885
- Return prepared by
- Kirisits & Associates CPAs PLLC
Mission
East Buffalo Development Corporation is a community-based real estate development corporation committed to our mission of leveraging private and public funds to drive equitable and inclusive eastside planning, construction, land use, and engagement.
Program accomplishments
- The East Buffalo Development Corporation leads the Community Connectors program, which empowers residents through block-club grants, youth engagement, and community events like cleanups and free farmers markets to revitalize Buffalo's East Side.Expenses $178,936 · revenue $25,000
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-EZ on file |
IRS record
- EIN
- 92-2484969
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $11,849
- Income (IRS master file)
- $254,258
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $254,258 | $243,062 | $11,849 | XML |
| 990-EZ | December 2023 | $12,055 | $12,058 | $0 | XML |
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 92-2484969).
Questions about EAST BUFFALO DEVELOPMENT CORPORATION
- What is the EIN of EAST BUFFALO DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of EAST BUFFALO DEVELOPMENT CORPORATION is 92-2484969.
- Is EAST BUFFALO DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to EAST BUFFALO DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST BUFFALO DEVELOPMENT CORPORATION 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 EAST BUFFALO DEVELOPMENT CORPORATION 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 EAST BUFFALO DEVELOPMENT CORPORATION 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 EAST BUFFALO DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Essence Sweat.
- Who are the officers and directors of EAST BUFFALO DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $21,194 (Essence Sweat, Executive Director).
- How much revenue does EAST BUFFALO DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $254,258, expenses of $243,062 and total assets of $11,849 at year end.
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