The Economic Development Group INC FY2023 filing

Tax-deductible

Buffalo, NY501(c)(3)Since 2000Recreation & SportsEIN 22-3781639Revenue $4.9M in FY2023

On file with the IRSnorthlandwtc.org683 Northland Ave, 14211-1057 · Buffalo, NYTax-exempt since Dec 2001Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of northland is to advance the Economic well-being of western new york by developing and maintaining a skilled and diverse workforce to meet the needs of the advanced manufacturing and energy sectors, while providing opportunities to job seekers as well as pathways to gainful employment, career advancement and Economic sustainability.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$349K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $768K a year · 15% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$349K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $259K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
+4% vs prior year
Spent
$4.5M
To programs
74%
Net assets
$2.5M
By yearFY2020–FY2025
Revenue
$4.9M
FY2023▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.0M
FY2021$2.1M
FY2022$4.7M
FY2023$4.9M
FY2024$5.6M
FY2025$7.8M
Expenses
$4.5M
FY2023▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$3.1M
FY2022$3.7M
FY2023$4.5M
FY2024$5.1M
FY2025$5.7M
Net assets
$2.5M
FY2023▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$1.1M
FY2022$2.1M
FY2023$2.5M
FY2024$3.1M
FY2025$5.1M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $3.3M Management & general 25% · $1.1M Fundraising 1% · $33K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $349K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President & CEO
$201,584Pt VII · Sec A
VP of Operations
$75,332Pt VII · Sec A
VP of Enrollment and Organizational Advancement
$72,562Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Stephen Tucker’s $315K as President & CEO is at the 96th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Stephen Tucker$315,301$315,301$201,584$177,660$156,842$141,003
Carolyn Storms-Stoltman$112,208$112,208$72,562———
Asantewa Holley$108,087$108,087$75,332———
Simmone Washington———$60,398$88,632$79,330

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops a skilled workforce for advanced manufacturing and energy sectors, creating jobs and career paths.

Provided by the organization

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1 program · $3.3M · in their own filed words · FY2022
01

Northland Houses Two Co-Located Training Facilities

The advanced manufacturing training center and the utility of the future & clean energy training center, to increase the number and quality of local candidates prepared for energy and advanced manufacturing careers.

$3.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$259K
See all 3 funders →
Grants paid · 2 grants · $25K · 2022–2022
Buffalo United Front INCNY · FY2022$5,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Gifts and grantsLn 1h$4.0M
Other incomeLn 4–11$564K
Fees for servicesLn 2g$273K
Money outPt IX
$4.5M
Ln 25
Programscol B$3.3M
Managementcol C$1.1M
Fundraisingcol D$33K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$3.7M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
19
listed · VII A
PaidVII A3
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Government grantsLn 1e$2.0M
Fundraising eventsLn 1c$77K
Fees for servicesLn 2g$273K
Other incomeLn 4–11$564K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$915K
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.9M
Land, buildings, equipmentLn 10c$507K
Other assetsLn 15$24K
Total assetsLn 16$3.7M
LiabilitiesLn 26$1.2M
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 520
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.5M$2.9M
Land, buildings, equipmentLn 10c$649K$507K
Total assetsLn 16$3.3M$3.7M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$2.1M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Pay of current officers, directors and key staffLn 5$439K$351K$88K
Other salaries and wagesLn 7$1.3M$1000K$294K
Other employee benefitsLn 9$294K$228K$66K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$120K$120K
Other fees for servicesLn 11g$129K$96K$33K
Advertising and promotionLn 12$150K$150K
Office expensesLn 13$19K$2K$17K
OccupancyLn 16$588K$465K$124K
TravelLn 17$13K$13K
Conferences, conventions and meetingsLn 19$63K$63K
Depreciation, depletion and amortizationLn 22$142K$112K$30K
InsuranceLn 23$23K$18K$5K
Other expenses (24a–d)Ln 24$1.1M$1.1M$41K
All other expensesLn 24e$40K$24K$16K
Total functional expensesLn 25$4.5M$3.3M$1.1M$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.8M$5.7M$2.1M$5.1M 990 PDF
FY2024 $5.6M$5.1M$576K$3.1M 990 PDF
FY2023 Viewing $4.9M$4.5M$402K$2.5M 990 PDF
FY2022 $4.7M$3.7M$958K$2.1M 990 PDF
FY2021 $2.1M$3.1M−$980K$1.1M 990 PDF
FY2020 $5.0M$3.4M$1.6M$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $4,857,078 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,922,866$4,019,920
I-9 Program service revenuePrior year $168,069$272,830
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $561,498$564,328
I-12 Total revenuePrior year $4,652,433$4,857,078
I-13 Grants and similar amounts paidPrior year $0$25,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,682,689$2,027,181
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,012,230$2,402,572
I-18 Total expensesPrior year $3,694,919$4,454,753
I-19 Revenue less expensesPrior year $957,514$402,325
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,857,078 across 8 lines filed
Lines not itemized here account for −$17,132 of total revenue; see the IRS return.
VIII-1c Fundraising events$77,200
VIII-1e Government grants$2,000,000
VIII-1f All other contributions, gifts and grants$1,942,720
VIII-1h Total contributions, gifts and grants$4,019,920
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $272,830$272,830
VIII-8 Net income from fundraising eventsExcluded from tax −$7,812−$7,812
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $589,272$589,272
VIII-12 Total revenueRelated to mission $862,102 · Unrelated business $0 · Excluded from tax −$24,944$4,857,078
Part IX · Statement of functional expenses $4,454,753 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $25,000$25,000
IX-5 Pay of current officers, directors and key staffPrograms $351,363 · Management $87,841$439,204
IX-7 Other salaries and wagesPrograms $999,566 · Management $294,016$1,293,582
IX-9 Other employee benefitsPrograms $228,177 · Management $66,218$294,395
IX-11b Legal feesManagement $11,855$11,855
IX-11c Accounting feesManagement $119,675$119,675
IX-11g Other fees for servicesManagement $96,474 · Fundraising $33,000$129,474
IX-12 Advertising and promotionManagement $149,636$149,636
IX-13 Office expensesPrograms $1,859 · Management $17,479$19,338
IX-16 OccupancyPrograms $464,753 · Management $123,542$588,295
IX-17 TravelManagement $13,256$13,256
IX-19 Conferences, conventions and meetingsManagement $63,417$63,417
IX-22 Depreciation, depletion and amortizationPrograms $112,283 · Management $29,848$142,131
IX-23 InsurancePrograms $17,869 · Management $4,750$22,619
IX-24 Other expenses (24a–d)Programs $1,061,757 · Management $41,364$1,103,121
IX-24e All other expensesPrograms $23,614 · Management $16,141$39,755
IX-25 Total functional expensesPrograms $3,286,241 · Management $1,135,512 · Fundraising $33,000$4,454,753
Part X · Balance sheet $3,686,267 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $849,257$915,214
X-2 Savings and temporary cash investmentsStart of year $658,400$2,011,486
X-3 Pledges and grants receivableStart of year $958,591$56,170
X-8 Inventories for sale or useStart of year $11,009$6,818
X-9 Prepaid expenses and deferred chargesStart of year $201,419$165,738
X-10c Land, buildings and equipment, netStart of year $649,448$507,317
X-15 Other assetsStart of year $0$23,524
X-16 Total assetsStart of year $3,328,124$3,686,267
X-17 Accounts payable and accrued expensesStart of year $186,277$175,101
X-19 Deferred revenueStart of year $1,054,847$998,317
X-25 Other liabilitiesStart of year $0$23,524
X-26 Total liabilitiesStart of year $1,241,124$1,196,942
X-27 Net assets without donor restrictionsStart of year $1,987,000$2,437,982
X-28 Net assets with donor restrictionsStart of year $100,000$51,343
X-32 Total net assets or fund balancesStart of year $2,087,000$2,489,325
X-33 Total liabilities and net assetsStart of year $3,328,124$3,686,267
Part XI · Reconciliation of net assets $2,489,325 net assets at year end
XI-1 Total revenue$4,857,078
XI-2 Total expenses$4,454,753
XI-3 Revenue less expenses$402,325
XI-4 Net assets at start of year$2,087,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,489,325

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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