Town of Amherst Development Corporation
Town of Amherst Development Corporation is a private foundation focused on Community Improvement & Capacity Building, based in Amherst, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $24K in total assets. In 2023, it made $5K in qualifying distributions.
Town of Amherst Development Corporation at a glance
- Total assets
- $23,932
- -8.7% vs 2022
- Revenue (2023)
- $4,000
- Qualifying distributions (2023)
- $4,641
- +194.9% vs 2022
- Expenses (2023)
- $9,878
- -15.6% vs 2022
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|
| 2023 | $23,932 | $4,000 | $9,878 | $4,641 | $1,191 |
| 2022 | $26,210 | — | $11,706 | $1,574 | $2,130 |
| 2021 | $135,071 | $107,950 | $110,222 | $1,056 | $1,765 |
| 2020 | $42,688 | $6,000 | $54,367 | — | $3,371 |
Under IRS private-foundation payout rules, Town of Amherst Development Corporation reported a distributable amount of $1K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Town of Amherst Development Corporation is led by David S. Mingoia, Executive Director & CEO since 2023 (on filings since 2020); none of the 8 officers listed in 2023 report compensation.
Officers on the 2023 filing
David S. Mingoia
Executive Director & CEO
Executive Director → Executive Director & CEO, 2023
On filings since 2020
5 hrs/week
No compensation reported
Carlton N. Brock
Chair
Chairman → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Frank Lotempio III
Director
On filings since 2020
1 hr/week
No compensation reported
Hadar Borden
Director
On filings since 2020
1 hr/week
No compensation reported
Nicole Gavigan
Director
On filings since 2022
1 hr/week
No compensation reported
Anthony T. Agostino
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Timothy Drury
Secretary
Director → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
William Tuyn
Vice Chair
Vice Chairman → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Philip S. Meyer (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Town of Amherst Development Corporation
How large is Town of Amherst Development Corporation?
Town of Amherst Development Corporation reported $24K in total assets on its 2023 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What is Town of Amherst Development Corporation?
Town of Amherst Development Corporation is a private foundation focused on Community Improvement & Capacity Building, based in Amherst, NY. It holds $24K in total assets as of 2023.
What is Town of Amherst Development Corporation's EIN?
Town of Amherst Development Corporation's EIN (Employer Identification Number) is 22-2867364. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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