Westminster Economic Development

Community development organization based in Buffalo, NY. 53 employees. Exempt under §501(c)(3).

MissionWEDI STRENGHTENS COMMUNITIES THROUGH A CONTINUUM OF EDUCATIONAL AND FINANCIAL RESOURCES FOR ALL WESTERN NEW YORKERS.

EIN
20-4230463
State
NY
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$2.2M
Total revenue
$2.2M
Total expenses
$11.7M
Net assets

Financial health · TY 2024

73
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
52.5 months of expenses
Program efficiency
56
72.3% spent on programs
Revenue diversity
52
Mix of program fees, grants & contributions

Leadership compensation

Carolynn Welch
EXECUTIVE DIRECTOR
$95,920
27th percentile vs. peers

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Westminster Economic Development Executive Compensation | 990 Data | DoubleNine