EIN 27-0580274

Buffalo Neighborhood Stabilization Company

IRS 501(c) type
501(c)(3)
Num. employees
18
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
Description
BNSC develops green affordable housing for West Side residents, scales up energy retrofits, and conducts community development activities.
Total revenues
$2,195,855
2022
Total expenses
$889,462
2022
Total assets
$3,771,057
2022
Num. employees
18
2022

Program areas at Buffalo Neighborhood Stabilization Company

Push green and push bluebnsc launched push green,a program with the goal of weatherizing homes across the region. Bnsc's central achievement in scaling up new energy efficiency retrofits is green jobs - green ny (gjgny), an innovative law drafted in partnership with the center for working families in nyc. Bnsc has made significant progress in implementing gjgny to scale-up the retrofit sector and to expand access to green jobs for low-income workers and has undertaken a major initiative to promote green infrastructure, stormwater management, and green jobs. Push blue is an intensive effort to combat Buffalo's combined sewer overflow (cso) problem. Push has completed 34 green infrastructure projects to date including rain gardens, a green roof, bioswales, and rainwater catchment systems.
Housing developmentbnsc has developed an innovative program with documented effectiveness to acquire and rehabilitate residential housing and vacant land in Buffalo's west side. The program has accomplished renovations of multiple units. Bnsc also integrates "green" development into each of its development projects including a "net zero" house on winter street, installation of green infrastructure such as on-demand water heaters, radiant floor heating, solar panels and geothermal heating systems.
Community developmentbnsc conducts community development activities which include land banking, property Stabilization, green infrastructure, landscape management and community planning. For future development projects, bnsc acquires and holds properties. Bnsc also acquires and holds vacant lots for Neighborhood Stabilization purposes. Many of these vacant lots serve as demonstration projects such as community gardens (bnsc manages 70 community plots in four gardens) and rain gardens to address stormwater management. Bnsc's landscape management department includes a work yard for equipment, tools and supplies storage, greenhouse and nursery garden.

Who funds Buffalo Neighborhood Stabilization Company

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
People United for Sustainable HousingNeighborhood Stabilization$1,248,870
West Harlem Environmental ActionEj Capacity Building$10,000
AmazonSmile FoundationGeneral Support$5

Personnel at Buffalo Neighborhood Stabilization Company

NameTitleCompensation
Dawn Wells-ClyburnVice President$0
Jim AndersonTreasurer$0
Ramone AlexanderSecretary$0
Robert JahnkePresident$0
Rahwa GhirmatzionExecutive Director / Vice President$0
...and 3 more key personnel

Financials for Buffalo Neighborhood Stabilization Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,574,827
Program services$556,312
Investment income and dividends$17
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$64,699
Total revenues$2,195,855

Form 990s for Buffalo Neighborhood Stabilization Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-10990View PDF
2020-122021-11-02990View PDF
2019-122021-02-19990View PDF
2018-122020-02-06990View PDF
...and 10 more Form 990s
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Updated personnel
Identified 1 new personnel
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from West Harlem Environmental Action
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
429 Plymouth Ave Suite 1
Buffalo, NY 14213
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Phone
(716) 884-0356
IRS details
EIN
27-0580274
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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