BUFFALO TEACHERS FEDERATION INC

EIN: 160767220

BUFFALO, NY

Total Revenue
$4,571,056
Total Expenses
$3,504,967
Total Assets
$7,223,864
Net Assets
$6,457,554
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
NY
Principal Officer
RICHARD NIGRO
Phone
7168815400
Tax Period
2023-09-01 to 2024-08-31

BUFFALO TEACHERS FEDERATION INC, founded in 1948, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 23% operating margin.

Mission

THE PURPOSE OF THE BUFFALO TEACHER FEDERATION IS TO PROMOTE AND FOSTER LOYALTY TO THE HIGHEST IDEALS IN EDUCATION AND TO AID IN BRINGING ABOUT THE REALIZATION OF THESE IDEALS. THE FEDERATION'S OBJECTIVE IS TO MAINTAIN THE TEACHING PROFESSION BY UPHOLDING A HIGH STANDARD OF QUALIFICATIONS FOR ENTRANCE INTO THE PROFESSION; AND TO IMPROVE THE MATERIAL WELFARE AND TO RAISE THE PROFESSIONAL EFFICIENCY OF THE TEACHERS, AND THUS TO PROMOTE THE WELFARE OF THE PUBLIC SCHOOLS; AND TO AWAKEN IN THE PUBLIC MIND A SENSE OF SIGNIFICANCE OF THE TEACHING PROFESSION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,709,611
Investment Income $726,322
Other Revenue $135,123
TOTAL REVENUE $4,571,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $722,224
Fundraising Expenses $0
Program Expenses $3,034,567
Other Expenses $2,782,743
TOTAL EXPENSES $3,504,967

Year-over-Year Comparison

2023 2022 Change
Revenue $4,571,056 $4,175,126 +0.1%
Expenses $3,504,967 $3,621,261 0.0%
Net Income $1,066,089 $553,865 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
30
Independent Members
27
Employees
13
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$130,783
Total Directors
30
$142,631
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH NIGRO PRESIDENT 40.00
Officer Director
$251 $0 $251
MELINDA MACPHERSON-SULLIVAN VICE PRESIDENT/SECRETARY 40.00
Officer Director
$5,197 $0 $5,197
JOSEPH MONTANTE TREASURER 40.00
Officer Director
$125,335 $0 $125,335
SEAN CROWLEY DIRECTOR 1.00
Director
$100 $0 $100
RACHEL LIS DIRECTOR 1.00
Director
$591 $0 $591
MELINDA CUVIELLO DIRECTOR 1.00
Director
$133 $0 $133
JANINE SCHUSTER DIRECTOR 1.00
Director
$385 $0 $385
APRIL HALL DIRECTOR 1.00
Director
$385 $0 $385
MELISSA MEL HOLDEN DIRECTOR 1.00
Director
$133 $0 $133
KAREN KANE DIRECTOR 1.00
Director
$133 $0 $133
KIM PARZYMIESO DIRECTOR 1.00
Director
$133 $0 $133
TARA ROSA DIRECTOR 1.00
Director
$145 $0 $145
GREGORY SAWICKI DIRECTOR 1.00
Director
$385 $0 $385
DENNIS BRANCATO DIRECTOR 1.00
Director
$891 $0 $891
CHRIS STEPHENS DIRECTOR 1.00
Director
$134 $0 $134
DAVID STEPHENS DIRECTOR 1.00
Director
$134 $0 $134
M SUE RAICHILSON DIRECTOR 1.00
Director
$700 $0 $700
EVE SHIPPENS DIRECTOR 1.00
Director
$700 $0 $700
ANTHONY THOMAS DIRECTOR 1.00
Director
$385 $0 $385
MICHAEL MECCA DIRECTOR 1.00
Director
$385 $0 $385
DESIREE BRECKENRIDGE-BARNES DIRECTOR 1.00
Director
$385 $0 $385
BRIAN MEYER DIRECTOR 1.00
Director
$385 $0 $385
MIKE JEFFERS DIRECTOR 1.00
Director
$385 $0 $385
RICHARD PYSZCZEK JR DIRECTOR 1.00
Director
$385 $0 $385
SAM FRITZ DIRECTOR 1.00
Director
$134 $0 $134
CHRISTINE SALAMONE DIRECTOR 1.00
Director
$1,513 $0 $1,513
MELISSA KENNEY DIRECTOR 1.00
Director
$758 $0 $758
SOPHIA JOHNSON DIRECTOR 1.00
Director
$1,396 $0 $1,396
KIMBERLY GABEL DIRECTOR 1.00
Director
$88 $0 $88
NICOLE HERKEY DIRECTOR 1.00
Director
$567 $0 $567
REBECCA PORDUM FORMER OFFICER 40.00
$83,930 $0 $83,930
PHILIP RUMORE FORMER OFFICER 40.00
$78,363 $0 $78,363
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,571,056 $3,504,967 $7,223,864 $1,066,089
2023 $4,175,126 $3,621,261 $5,975,403 $553,865
2022 $3,417,196 $3,752,042 $5,511,563 $-334,846
2021 $3,712,581 $3,652,877 $5,936,673 $59,704
2020 $3,792,108 $3,725,794 $5,185,662 $66,314
2019 $3,806,549 $3,637,460 $4,435,793 $169,089
2018 $3,769,805 $3,544,434 $4,346,677 $225,371
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BUFFALO TEACHERS FEDERATION INC with other nonprofits in New York and across the country.