Public Charity

BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC

BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC is a Public Charity headquartered in BUFFALO, NY. Financial data from the 2024 filing: $2.8M revenue, $1.0M expenses, $5.8M total assets. 5 publicly reported grants to this organization, totaling roughly $3.9M, appear in IRS filings.

EIN: 270580274 BUFFALO, NY Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$2.8M
Total Expenses$1.0M
Total Assets$5.8M
Grant Records5
Funding Total$3.9M
Filing Years2019–2024

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.

Where $100 goes at Buffalo Neighborhood Stabilization Company Inc

How Buffalo Neighborhood Stabilization Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$42
Housing developmentpush has developed an innovative program with documented effectiveness to acquire and rehabilitate residential housing and vacant land in Buffalo
47% of program spending · Reported in the filing: 49 units
$27
Community energyassists homeowners with energy efficiency/weatherization, clean heating and cooling, rooftop and commercial solar
30% of program spending
$22
Community developmentbnsc conducts community development activities which include land banking, property stabilization, green infrastructure, landscape management and community planning purposes
23% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Dawn Wells-Clyburn
PRESIDENT Jim Anderson
TREASURER Ramone Alexander
SECRETARY Shirley Sarmiento

Officer compensation and complete director data available with membership.

Top Grant Purposes

Training & Professional Development
$10,000 1 grant
Unspecified
$3,927,017 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.8M $1.0M $5.8M
2023 $2.2M $1.7M $4.7M
2022 $2.2M $889K $3.8M
2020 $1.1M $1.2M $2.5M
2019 $1.1M $1.2M $2.9M

Between 2019 and 2024, reported annual revenue grew from $1.1M to $2.8M (+145%), with total assets most recently reported at $5.8M.

Interactive year-over-year charts and full filing details available with membership.

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