BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC

BUFFALO, NY, 14213-2180 (716) 884-0356 Est. 2009 EIN 27-0580274
L20— Housing & Shelter Form 990 501(c)(3)

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.

Giving Portfolio

Total Grants
4
Total Giving
$226K
Recipients
4
Years Active
2017 - 2020
Avg grant: $47,854 Median: $43,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20201$44K $44K10
20181$18K $18K01
20172$164K $82K20

Sectors Funded

Community Improvement
1

Top States

New York
1

Grantee Size Profile

$10M - $50M
1

Top Grantees

WADKIN LLC
- 2 grants
$150K
JANE JAPADJIEF
$32K

Grants Awarded · 1 grants

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Financials

Total Revenue
$2,776,479
Total Expenses
$1,040,969
Net Assets
$4,998,367
8 employees 50 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 23.8%
Expenses ↓ 39.0%
Revenue Sources
Contributions 62.5% Earned revenue 37.5%
Expense Breakdown
Program 93.8% Management 6.2%

Officers & Trustees (4)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$2,776,479 $1,040,969$4,998,367
2023 Form 990$2,243,540 $1,706,563$3,262,857
2022 Form 990$2,195,855 $889,462$2,725,880
2020 Form 990$1,101,466 $1,216,369$1,172,401
2018 Form 990$957,521 $1,082,456$1,363,476
2017 Form 990$2,101,239 $1,694,414$1,488,411

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EIN: 27-0580274 · Source: IRS Form 990 e-file data