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The Economic Development Group Inc
Recreation & Sports · Buffalo, New York
683 Northland Ave, Buffalo, NY 14211-1057
EIN: 223781639· Founded: Dec 2001· 25 years active· Filing Year: 2023
Annual Revenue
$4.9M
Total Expenses
$4.5M
Total Assets
$3.7M
Program Spending
6%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$439K
9.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.3M
Total Payroll
$1.7M
39% of total expenses
Where the Money Goes
6%
Programs: 6%
Payroll: 39%
Other overhead: 94%
Program Revenue$273K (6%)
Total Expenses$4.5M (92%)
Payroll$1.7M (39%)
Overhead (non-program)94%
Trust Score Breakdown
Program Spending Ratio
6% of expenses go to programs
Revenue & Stability
$4.9M annual revenue
Executive Compensation
$439K total officer comp (9.9% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.7M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.