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Buffalo economic development organizations

There are 44 economic development organizations in the greater Buffalo metro area, including the cities of Buffalo and Cheektowaga. Combined, these Buffalo metro economic development organizations employ 214 people, earn more than $66 million in revenue each year, and have assets of $417 million.
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Types of economic development organizations in Buffalo

Nonprofit typeNumberRevenues
Economic development organizations
 
44
 
$65,620,072
Urban development organizations
 
30
 
$49,069,167
Convention centers and visitor bureaus
 
2
 
$9,822,580
Showing 3 of 3 categories

Job trends for Buffalo economic development organizations

Employees per organizationNumber of organizations
0
 
14
1-10
 
7
11-25
 
3
26-100
 
4
101 to 1,000
 
0
1,000+
 
0
Key takeaways for employment stats:

Sizes of economic development organizations in Buffalo

Revenues per organizationNumber of organizations
< $250k
 
18
$250k to $1M
 
6
$1M to $5M
 
6
$5M to $25M
 
2
$25M to $100M
 
1
$100M+
 
0
Key takeaways for revenue stats:

Directory of economic development organizations in Buffalo

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1-20 of 44

Buffalo Urban Development Corporation

Buffalo Urban Development Corporation supports the urban economic development efforts of the region by acquiring, remediating, and managing distressed properties while engaging in related real estate development activities.
Revenue
$32.5m
Assets
$185.7m
Employees
4
EIN
22-2324226
IRS type
501(c)(3)

43north BPC

To conduct a global business plan copmetition promoting the buffalo/niagara region and western new york as an emerging entrepreneurial center of activity for start up companies.
Revenue
$8.2m
Assets
$13.4m
Employees
20
EIN
47-2878159
IRS type
501(c)(3)

Niagara Tourism and Convention Corporation

Niagara Tourism and Convention Corporation enhances the economic prosperity of Niagara County by promoting, selling, and marketing it as a premier destination for meetings, conventions and leisure tourism from their location in Niagara Falls, NY.
Revenue
$5.2m
Assets
$14.0m
Employees
25
EIN
03-0455984
IRS type
501(c)(6)

Visit Buffalo Niagara

Visit Buffalo Niagara markets & promotes the region as a destination for visitors, conventions & events, for the economic benefit of the community.
Revenue
$4.7m
Assets
$2.0m
Employees
27
EIN
16-1298671
IRS type
501(c)(6)

Invest Buffalo Niagara (BNE)

BNE provides comprehensive economic development assistance to new and existing companies doing business in the eight counties of Western New York.
Revenue
$2.0m
Assets
$1.8m
Employees
14
EIN
16-1579523
IRS type
501(c)(6)

Westminster Economic Development Initiative

Westminster Economic Development Initiative provides education, resources, and services to remove systemic economic barriers for all Western New Yorkers.
Revenue
$3.2m
Assets
$10.4m
Employees
50
EIN
20-4230463
IRS type
501(c)(3)

Erienet Local Development Corporation

Erienet Local Development Corporation creates a foundation to address the broadband needs of unserved areas, improves services in underserved areas of the community, and enables world-class broadband investment and deployment countywide.
Revenue
$932
Assets
$34.0m
Employees
0
EIN
88-2744474
IRS type
501(c)(3)

Buffalo Place

Buffalo Place Inc is the not-for-profit organization dedicated to improving the economic health and quality of life in Downtown Buffalo.
Revenue
$1.8m
Assets
$444.2k
Employees
29
EIN
16-1393524
IRS type
501(c)(3)

Buffalo and Erie County Regional Development Corporation

Buffalo and Erie County RDC encourages business expansion via loans. Provision for loan losses is included in expenses. Located in Buffalo.
Revenue
$831.9k
Assets
$23.0m
Employees
0
EIN
22-2255223
IRS type
501(c)(3)

43north Foundation

43north Foundation supports innovation and economic growth in Buffalo/Niagara region, investing in ideas and organizations to make the city a beacon.
Revenue
$830.9k
Assets
$47.2m
Employees
0
EIN
86-1647131
IRS type
501(c)(3)

Michigan Street African American Heritage Corridor Commission

Michigan St AA Heritage Corridor identifies actions to create a tourism destination, manages cultural assets and supports economic development in Buffalo.
Revenue
$850.4k
Assets
$2.4m
Employees
3
EIN
27-1273797
IRS type
501(c)(3)

Greater Lockport Development Corporation

Greater Lockport Development Corporation furthers economic development in the city of Lockport by providing economic development assistance to local businesses and enhancing employment opportunities for the surrounding communities.
Revenue
$1.7m
Assets
$4.8m
Employees
9
EIN
22-2438263
IRS type
501(c)(3)

Buffalo Place

Buffalo Place revitalizes downtown Buffalo, NY through maintaining and promoting the special charge district and actively participating in other development projects.
Revenue
$874.2k
Assets
$657.3k
Employees
23
EIN
23-7363788
IRS type
501(c)(4)

Buffalo Erie Niagara Land Improvement Corporation (BENLIC)

BENLIC buys, fixes and sells distressed properties in Buffalo to support community revitalization, using various transfer programs.
Revenue
$1.6m
Assets
$4.4m
Employees
5
EIN
46-3582754
IRS type
501(c)(3)

Wheatfield Local Development Corporation

Planning and implementation of programs to relieve and reduce unemployment, promote and provide for additional and maximum employment, improve and maintain job opportunities in the town of Wheatfield, new york and reduce the burden of government.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-3636881
IRS type
501(c)(4)

Western Region Corporation

Western Region Corp provides business development loans to support job creation and retention in Allegany, Cattaraugus, Chautauqua, Erie and Niagara counties.
Revenue
$20.0k
Assets
$845.4k
Employees
0
EIN
16-1383046
IRS type
501(c)(3)

Niagara-Orleans Regional Land Improvement Corporation (NORLIC)

NORLIC partners with communities to acquire vacant properties, creating a better community through redevelopment.
Revenue
$240.0k
Assets
$1.0m
Employees
1
EIN
82-3643027
IRS type
501(c)(3)

Cheektowaga Economic Development Corporation

Cheektowaga Economic Development Corporation is an urban development organization in Buffalo, NY whose mission is: Community Development.
Revenue
$5,764
Assets
$1.1m
Employees
0
EIN
22-2599466
IRS type
501(c)(3)

T O P Enterprises

T O P Enterprises is an urban development organization in Buffalo, NY that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
20-0740845
IRS type
501(c)(3)

Richardson Olmsted Campus

Reuse of the Richardson Olmsted Campus is the mission of the not for profit 501(c)(3) Richardson Center Corporation. It is being adaptively reused as a hospitality venue and cultural amenity for the city.
Revenue
$311.6k
Assets
$58.5m
Employees
3
EIN
20-5148995
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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