Organizations Filed Purposes:
BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION (ILDC) IS AN ISSUER OF TAX-EXEMPT BOND FINANCING FOR NOT-FOR-PROFIT ENTITIES. ADDITIONALLY IT WAS INCORPORATED FOR THE PURPOSE OF PARTICIPATING IN THE ACQUISITION AND DEVELOPMENT OF INDUSTRIAL SITES AND TO PROVIDE FINANCIAL ASSISTANCE FOR THE ACQUISITION OR RENOVATION OF FIXED ASSETS BY INDUSTRIAL COMPANIES LOCATING OR EXPANDING IN ERIE COUNTY. THE ILDC MANAGES A REVOLVING LOAN FUND DEDICATED TO IMPROVING ECONOMIC CONDITIONS IN ERIE COUNTY.
ILDC HAS A SHARED SERVICES AGREEMENT UNDER WHICH ADMINISTRATIVE AND STAFFING SERVICES ARE PROVIDED TO ILDC IN CONNECTION WITH BOND ISSUANCES IN EXCHANGE FOR THE ADMINISTRATIVE FEES RECEIVED BY ILDC RELATED TO THESE BOND TRANSACTIONS. ADDITIONALLY, ILDC INCURRED EXPENSES ASSOCIATED WITH BLIGHTED LAND THAT IS IN THE PROCESS OF REMEDIATION.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Karen Fiala | SECRETARY | 1 | $0 |
| Mollie Profic | TREASURER | 1 | $0 |
| John Cappellino | EXECUTIVE VICE PRESIDENT | 10 | $0 |
| Steve Weathers | CEO/PRESIDENT | 1 | $0 |
| Maria Whyte | DIRECTOR | 0.5 | $0 |
| Hon Mark Poloncarz | CHAIRMAN | 0.5 | $0 |
| John Mudie | DIRECTOR | 0.5 | $0 |
| Peter Savage Iii | DIRECTOR | 0.5 | $0 |
| Denise Abbott | DIRECTOR | 0.5 | $0 |
| April Baskin | DIRECTOR | 0.5 | $0 |
| Howard Johnson | DIRECTOR | 0.5 | $0 |
| Richard Lipsitz | DIRECTOR | 0.5 | $0 |
| Hon Byron Brown | DIRECTOR | 0.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041969349302794_public.xml