Buffalo Sabres Alumni Association
- Assets
- $593.8k
- Revenue
- $456.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 01/1990
- Data as of
- 12/2023
- EIN
- 16-1356116
Organization Overview
Buffalo Sabres Alumni Association is located in Amherst, NY. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Sabres Alumni Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Buffalo Sabres Alumni Association generated $456.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $454.0k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Buffalo Sabres Alumni Association has awarded 214 individual grants totaling $776,549. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR, THE FOUNDATION RAN A GOLF TOURNEMENT. THIS EVENT IS THE PRIMARY MEANS BY WHICH THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES. THE PROCEEDS OF WHICH ARE USED TO MAKE GRANTS TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS.
DURING THE YEAR, THE FOUNDATION HELD A WINE EVENT. THIS EVENT IS THE PRIMARY MEANS BY WHICH THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES. THE PROCEEDS OF WHICH ARE USED TO MAKE GRANTS TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS.
DURING THE YEAR, THE FOUNDATION HOSTED HOCKEY EXHIBITIONS. THIS EVENT IS THE PRIMARY MEANS BY WHICH THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSES. THE PROCEEDS OF WHICH ARE USED TO MAKE GRANTS TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Ray President | 5 | $0 | |
Derek Smith Vice President | 5 | $2,625 | |
Robert Travis Treasurer | 5 | $0 | |
David Elibol Secretary | 5 | $0 | |
Darryl Shannon Director | 1 | $0 | |
Andrew Peters Director | 1 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,500 |
| Interest on Savings | $32 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $452,451 |
| Total Revenue | $455,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,804 |
| Printing and publications | $0 |
| Other expenses | $298,801 |
| Total operating and administrative expenses | $337,155 |
| Contributions, gifts, grants paid | $116,876 |
| Total expenses and disbursements | $454,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,447 |
| Savings and temporary cash investments | $228,073 |
| Net Accounts receivable | $40,250 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $593,770 |
| Accounts payable and accrued expenses | $26,139 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,639 |
Grants Awarded
Over the last fiscal year, Buffalo Sabres Alumni Association has awarded $116,876 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
SUNY GENESEO PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $4,000 |
NAZARETH COLLEGE PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $1,000 |
NIAGARA UNIVERSITY PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $1,000 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $1,000 |
ST JOHN FISHER PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $1,000 |
JOHN CARROLL UNIVERSITY PURPOSE: SCHOLARSHIP PAYMENT TO THE COLLEGE ON BEHALF OF A SCHOLARSHIP WINNER. | $1,000 |