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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$24K
-8.7% YoY
Revenue
$4K
Qualifying Distributions
$5K
+194.9% YoY
Expenses
$10K
-15.6% YoY
About Town of Amherst Development Corporation
Based on IRS filings
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.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $23,932 | $26,210 | $135,071 |
| Revenue | $4,000 | — | $107,950 |
| Expenses | $9,878 | $11,706 | $110,222 |
| Qualifying Distributions | $4,641 | $1,574 | $1,056 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,191 | $2,130 | $1,765 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLTON N BROCK | CHAIR | 1 | — |
| WILLIAM TUYN | VICE-CHAIR | 1 | — |
| ANTHONY T AGOSTINO | TREASURER | 1 | — |
| HON TIMOTHY DRURY | SECRETARY | 1 | — |
| HADAR BORDEN | DIRECTOR | 1 | — |
| FRANK LOTEMPIO III | DIRECTOR | 1 | — |
| DAVID S MINGOIA | EXECUTIVE DIRECTOR/CEO | 5 | — |
| NICOLE GAVIGAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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