EIN 46-3582754

Buffalo Erie Niagara Land Improvement Corporation (BENLIC)

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2012
Most recent tax filings
2022-12-01
Description
Buffalo Erie Niagara Land Improvement Corporation confronts and alleviates problems caused by distressed properties in communities through a mission to acquire, improve, assemble, and sell such properties. BENLIC supports municipal and regional revitalization efforts and utilizes various programs to transfer and sell properties, including municipal transfers for demolitions and community-funded rehabilitations as well as transfers for partners that include not-for-profit organizations rehabilitating properties.
Total revenues
$1,643,388
2022
Total expenses
$2,382,432
2022
Total assets
$4,358,495
2022
Num. employees
5
2022

Program areas at BENLIC

Benlic utilizes various programs to transfer and sell properties. Municipal transfers are employed for demolitions and community-funded rehabilitations. Transfers are also used for partners to rehabilitate properties, including not-for-profit organizations and programs promoting minority-owned contractors. Benlic's vacant to value program sells properties to qualified buyers capable of making necessary repairs and renovations. Other properties undergo significant repairs and renovations and are then sold by benlic to the public or to income-qualified buyers. This multi-programmatic approach allows benlic to apply the best method to each property based on the housing market and the needs of each community. In 2022, benlic acquired 6 and disposed of 19 properties.

Personnel at BENLIC

NameTitleCompensation
Jocelyn GordonExecutive Director$104,708
Oluwole "OJ" McFoyGeneral Manager$0
Marjorie Mcallister, Esq/mswProgram Manager
Michael A SiragusaVice Chair$0
Scott Bylewski DirectorThru 4 and 22 ) , Vice Chair$0
...and 4 more key personnel

Financials for BENLIC

RevenuesFYE 12/2022
Total grants, contributions, etc.$199,530
Program services$1,441,755
Investment income and dividends$0
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$2,103
Total revenues$1,643,388

Form 990s for BENLIC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-06990View PDF
2021-122022-04-25990View PDF
2020-122021-06-29990View PDF
2019-122021-04-27990View PDF
2018-122019-09-14990View PDF
...and 4 more Form 990s
Data update history
November 24, 2024
Updated personnel
Identified 1 new personnel
February 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Updated personnel
Identified 6 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
June 25, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
403 Main St 602
Buffalo, NY 14203
Metro area
Buffalo-Cheektowaga, NY
County
Erie County, NY
Website URL
benlic.org/ 
Phone
(716) 243-3996
IRS details
EIN
46-3582754
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
5313: Real Estate Services
Parent/child status
Independent
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