BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC

EIN: 161172623 501(c)(3)

BUFFALO, NY

Total Revenue
$10,867,050
Total Expenses
$10,732,932
Total Assets
$13,515,331
Net Assets
$5,343,981
🔒

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
1982
Legal Domicile
NY
Principal Officer
CHANDRA REDFERN
Phone
7168525065
Tax Period
2024-01-01 to 2024-12-31

BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC, founded in 1982, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE AND NEIGHBORHOODS WE SERVE BY PREPARING, EQUIPPING AND EMPOWERING THEM TO MEET THE CHALLENGES OF CONTEMPORARY URBAN LIFE AND REALIZE THEIR FULL POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $3,359,621 Revenue: $3,416,748

COMMUNITY RESIDENCESTHE CONSUMERS IN OUR RESIDENTIAL SERVICES PROGRAMS ARE CHALLENGED BY MENTAL ILLNESS BUT WITH THE SUPPORT OF THIS PROGRAM THEY FUNCTION AT THEIR OPTIMAL LEVEL AS FULL AND...

Read more

COMMUNITY RESIDENCESTHE CONSUMERS IN OUR RESIDENTIAL SERVICES PROGRAMS ARE CHALLENGED BY MENTAL ILLNESS BUT WITH THE SUPPORT OF THIS PROGRAM THEY FUNCTION AT THEIR OPTIMAL LEVEL AS FULL AND CONTRIBUTING MEMBERS OF THE COMMUNITY. DEPENDING ON THEIR LEVEL OF INDEPENDENCE, CONSUMERS, AGE 18 AND OVER, LIVE IN LICENSED GROUP HOMES, SUPPORTIVE APARTMENTS OR APARTMENTS IN THE CITY. SERVICES INCLUDE ASSISTANCE WITH DAILY LIVING SKILLS, MEDICATION MANAGEMENT, CRISIS/EMERGENCY INTERVENTION, MONEY MANAGEMENT AND LEISURE TIME MANAGEMENT.

Program 2
Expenses: $1,056,190 Revenue: $845,126

HEALTH HOMEA HEALTH HOME IS A CARE MANAGEMENT MODEL IN WHICH THE INDIVIDUAL'S CAREGIVERS WORK TOGETHER TO ADDRESS THE INDIVIDUAL'S NEEDS IN A COMPREHENSIVE MANNER. A "CARE MANAGER" OVERSEES AND...

Read more

HEALTH HOMEA HEALTH HOME IS A CARE MANAGEMENT MODEL IN WHICH THE INDIVIDUAL'S CAREGIVERS WORK TOGETHER TO ADDRESS THE INDIVIDUAL'S NEEDS IN A COMPREHENSIVE MANNER. A "CARE MANAGER" OVERSEES AND PROVIDES ACCESS TO SERVICES AND A NETWORK OF ORGANIZATIONS - WHICH INCLUDES HEALTH CARE PROVIDERS, HEALTH PLANS AND COMMUNITY-BASED ORGANIZATIONS THAT DELIVERS THE NEEDED SERVICES. BFNC HAS DEVELOPED WORKING RELATIONSHIPS WITH TWO ERIE COUNTY HEALTH HOMES, GREATER BUFFALO UNITED ACCOUNTABLE HEALTHCARE NETWORK ("GBUAHN") AND HEALTH HOMES OF UPSTATE NEW YORK-WESTERN ("HHUNY").OUR OBJECTIVES ARE OFFERING COMPREHENSIVE CARE MANAGEMENT.

Program 3
Expenses: $1,459,491

SUPPORTED HOUSING THESE PROGRAMS ARE DESIGNED FOR THOSE ADULTS WITH MENTAL ILLNESS WHO ARE ABLE TO LIVE INDEPENDENTLY IN THE COMMUNITY, BUT WHO NEED SOME SERVICES TO HELP MAINTAIN THEIR INDEPENDENCE...

Read more

SUPPORTED HOUSING THESE PROGRAMS ARE DESIGNED FOR THOSE ADULTS WITH MENTAL ILLNESS WHO ARE ABLE TO LIVE INDEPENDENTLY IN THE COMMUNITY, BUT WHO NEED SOME SERVICES TO HELP MAINTAIN THEIR INDEPENDENCE. THIS OPTION IS THE MOST FLEXIBLE OF OUR HOUSING OPPORTUNITIES. IT PROVIDES PERMANENT SUBSIDIZED HOUSING THROUGHOUT ERIE COUNTY. RESIDENTS CHOOSE THEIR OWN APARTMENT,CAN LIVE ALONE OR WITH OTHERS, AND RECEIVE FLEXIBLE SUPPORT SERVICES AND RENTAL ASSISTANCE. STAFF VISITS ARE PROVIDED AS NECESSARY. PARTICIPANTS IN THE PROGRAM INCLUDE CONSUMERS WHO HAVE SUCCESSFULLY COMPLETED STAYS IN LICENSED RESIDENCES AND THOSE REFERRED DIRECTLY FROM OTHER COMMUNITY BASED AND INPATIENT SETTINGS. ENHANCEMENT DOLLARS ALSO ASSIST CONSUMERS AS NEEDED.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $5,549,616
Program Service Revenue $5,276,037
Investment Income $40,127
Other Revenue $1,270
TOTAL REVENUE $10,867,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,885,112
Fundraising Expenses $45,899
Program Expenses $9,168,162
Other Expenses $5,847,820
TOTAL EXPENSES $10,732,932

Year-over-Year Comparison

2024 2023 Change
Revenue $10,867,050 $10,042,455 +0.1%
Expenses $10,732,932 $9,511,653 +0.1%
Net Income $134,118 $530,802 -0.7%
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
16
Independent Members
16
Employees
96
Volunteers
28

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
8
$551,613
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS FABIAN BOARD MEMBER/PRESIDENT 1.00
Officer Director
$0 $0 $0
GIONA PAOLERCIO BOARD MEMBER/1ST VICE PRES 1.00
Officer Director
$0 $0 $0
REBECCA TOWN BOARD MEMBER/2ND VICE PRES 1.00
Officer Director
$0 $0 $0
TIMOTHY KORN BOARD MEMBER/TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTOPHER ST VIL BOARD MEMBER/SECRETARY 1.00
Officer Director
$0 $0 $0
JENNA BICHLER BOARD MEMBER 0.00
Director
$0 $0 $0
STEVEN J CARMINA BOARD MEMBER 0.00
Director
$0 $0 $0
MEELIN DIAN CHINKIT-WILLS BOARD MEMBER 0.00
Director
$0 $0 $0
SAMUEL DAVIS JR BOARD MEMBER 0.00
Director
$0 $0 $0
DAMAR DOWELL BOARD MEMBER 0.00
Director
$0 $0 $0
GLADYS DIJI BOARD MEMBER 0.00
Director
$0 $0 $0
LUIS HERNANDEZ BOARD MEMBER 0.00
Director
$0 $0 $0
RENEE MAPP BOARD MEMBER 0.00
Director
$0 $0 $0
GRACE PHILLIPS BOARD MEMBER 0.00
Director
$0 $0 $0
MARY SZABAT BOARD MEMBER 0.00
Director
$0 $0 $0
WINFORD QUICK BOARD MEMBER 0.00
Director
$0 $0 $0
CHANDRA REDFERN CHIEF EXECUTIVE OFFICER 1.00
Officer
$248,461 $3,727 $252,188
SHRIKANT VARDHAN CHIEF FINANCIAL OFFICER 1.00
Officer
$160,577 $2,409 $162,986
YOLANDA ABRAHAM CHIEF PROGRAM OFFICER 1.00
Officer
$134,423 $2,016 $136,439
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 $10,867,050 $10,732,932 $13,515,331 $134,118
2023 $10,042,455 $9,511,653 $13,515,179 $530,802
2022 $8,808,218 $8,138,621 $12,343,789 $669,597
2021 $11,146,328 $8,595,377 $8,954,316 $2,550,951
2020 $7,483,823 $7,396,710 $4,906,643 $87,113
2019 $8,329,593 $7,600,278 $4,361,908 $729,315
2018 $8,892,145 $7,990,565 $4,947,161 $901,580
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BUFFALO FEDERATION OF NEIGHBORHOOD CENTERS INC with other nonprofits in New York and across the country.