Buffalo Niagara Sports Development Company Inc
- Assets
- $81.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-1844156
Organization Overview
Buffalo Niagara Sports Development Company Inc is located in Buffalo, NY. The organization was established in 2010. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Niagara Sports Development Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Buffalo Niagara Sports Development Company Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $50.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (62.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PARTNERED WITH LOCAL, NATIONAL, AND INTERNATIONAL ORGANIZATIONS IN IDENTIFYING, ATTRACTING, BIDDING ON AND HOSTING VARIOUS AMATEUR SPORTS COMPETITIONS IN THE GREATER NIAGARA REGION WHICH INCLUDES THE CITY OF BUFFALO AND THE COUNTY OF ERIE. THE AMATEUR SPORTING EVENTS THAT WERE HOSTED HAD A POSITIVE EFFECT ON THE LOCAL ECONOMY FINACIALLY AND THROUGH THE PROMOTION, EDUCATION AND ADVANCEMENT OF AMATEUR ATHLETICS REGIONALLY FOR THE BENEFIT OF THE CITIZENS OF ERIE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary F Roberts Chair | 0.25 | $0 | |
Cindy Abbott-Letro Vice Chair | 0.25 | $0 | |
Huseyin Taran Treasurer | 0.25 | $0 | |
Michael Murphy Secretary | 0.25 | $0 | |
Jonathan Dandes Immediate Past Chair | 0.25 | $0 | |
Mark Alnutt Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,013 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $50 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,099 |
| Other assets | $0 |
| Total assets | $81,099 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,099 |