AI Summary
Buffalo Neighborhood Stabilization Company Inc (EIN: 27-0580274) is a nonprofit housing development corporation focused on housing development in Buffalo, New York. With an operating budget of $1 million and total revenue of $2.8 million, BNSC specializes in managing affordable rental units, land banking, and property stabilization, aiming to reduce housing abandonment by redeveloping neglected properties for low-income residents. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
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.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC’s budget?
In 2024, BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC support?
BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC supports work in Housing development.
Where does BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC operate?
BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC is headquartered in Buffalo, NY.
Who funded BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC recently?
In 2024, BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC received grants from PEOPLE UNITED FOR SUSTAINABLE HOUSING INC, PEOPLE UNITED FOR SUSTAINABLE HOUSING INC, and PEOPLE UNITED FOR SUSTAINABLE HOUSING INC. More information on this organization’s funders is available to registered users.
What is the largest grant BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC received in 2024?
The largest grant to BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC in 2024 exceeds $1.4 million.
What is BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC’s reliance on government grants?
BUFFALO NEIGHBORHOOD STABILIZATION COMPANY INC relied on government grants for more than 5% of their total revenue in 2024.