Buffalo Urban Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,454,814 | 1,629,427 | −174,613 | 84.0 | 0% |
| 2011 | 3,594,226 | 3,855,088 | −260,862 | 34.7 | 0% |
| 2012 | 1,258,002 | 1,090,105 | 167,897 | 124.6 | 19% |
| 2013 | 1,367,446 | 1,440,534 | −73,088 | 93.6 | 18% |
| 2014 | 2,005,021 | 2,598,334 | −593,313 | 49.2 | 12% |
| 2015 | 5,833,031 | 1,744,794 | 4,088,237 | 101.4 | 19% |
| 2016 | 3,292,886 | 1,392,086 | 1,900,800 | 143.4 | 27% |
| 2017 | 18,342,385 | 2,266,090 | 16,076,295 | 173.2 | 15% |
| 2018 | 27,000,385 | 6,058,325 | 20,942,060 | 106.3 | 6% |
| 2019 | 33,578,696 | 5,030,965 | 28,547,731 | 196.1 | 8% |
| 2020 | 9,769,050 | 8,043,490 | 1,725,560 | 125.2 | 5% |
| 2021 | 5,250,163 | 6,562,772 | −1,312,609 | 151.1 | 5% |
| 2022 | 8,441,091 | 10,138,633 | −1,697,542 | 95.8 | 3% |
| 2023 | 32,541,280 | 33,066,651 | −525,371 | 29.2 | 1% |
In its most recent public year (2023), this organization spent $525,371 more than it brought in. Its reserves stood at about 29.2 months of spending, down from 84 in 2010. Staff pay was 1% of spending. $233,780 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Buffalo Urban Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works