Westminster Economic Development
WEDI STRENGHTENS COMMUNITIES THROUGH A CONTINUUM OF EDUCATIONAL AND FINANCIAL RESOURCES FOR ALL WESTERN NEW YORKERS.
Key facts about Westminster Economic Development
- EIN
- 20-4230463
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $11,712,530
Data from IRS Form 990-PF, 2024; updated September 2026.
Next steps with Westminster Economic Development
- How to evaluate Westminster Economic Development as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Westminster Economic Development with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
-7.1% YoY
Revenue
$2.2M
-68.6% YoY
Net Investment Income
$-11,210
-145.3% YoY
Expenses
$2.2M
-11.7% YoY
About Westminster Economic Development
Based on IRS filings
Westminster Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in Buffalo, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.7M in total assets.
Focus Areas
Ready to take the next step with Westminster Economic Development?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,712,530 | $12,601,013 | $10,403,298 |
| Revenue | $2,171,800 | $6,918,706 | $3,247,167 |
| Expenses | $2,183,617 | $2,473,537 | $2,295,731 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-11,210 | $24,756 | $-21,906 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephen Zenger | Board Member | 1 | — |
| Krista Schwartzott | Board Member/President | 10 | — |
| Concetta Ferguson | Board Member | 1 | — |
| Melanie Jaskolka | Board Member/Vice Presiden | 10 | — |
| Luke Donigan | Board Member/Assist Secret (To 12/31/24) | 1 | — |
| Joann Belliotti | Board Member (To 9/30/24) | 1 | — |
| Indu Dewan | Board Member | 1 | — |
| Zelalem Gemmeda | Board Member (To 12/31/24) | 1 | — |
| Donna Genesky | Board Member (To 8/31/24) | 1 | — |
| Michael Kenline | Board Member | 1 | — |
| Gustavo Lima | Board Member | 1 | — |
| Catherine March | Board Member | 1 | — |
| Betsy Mitchell | Board Member (To 12/31/24) | 1 | — |
| Katie O'Connor | Board Member | 1 | — |
| Mimi Steadman | Board Member/Secretary | 1 | — |
| Christine Uwimbabazi | Board Member | 1 | — |
| Carolynn Welch | Executive Director | 40 | $84,845 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Westminster Economic Development?
Westminster Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in Buffalo, NY. It holds $11.7M in total assets as of 2024.
How large is Westminster Economic Development?
As of 2024, Westminster Economic Development holds $11.7M in total assets with $2.2M in annual revenue.
Where does Westminster Economic Development operate?
Westminster Economic Development has awarded grants in New York.
What is Westminster Economic Development's EIN?
Westminster Economic Development's EIN (Employer Identification Number) is 20-4230463. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Westminster Economic Development's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ford Foundation
New York, NY
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Ojc Fund
Brooklyn, NY
Assets
$46.1M
Grants
3,410
Total Given
$386.1M
The New York Community Trust
New York, NY
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
American Express Foundation
New York, NY
Assets
$48.9M
Grants
1,495
Total Given
$23.2M
Equitable Foundation Inc
New York, NY
Assets
$112.4M
Grants
1,453
Total Given
$5.5M
Rockefeller Philanthropy Advisors Inc
New York, NY
Assets
$891.5M
Grants
1,153
Total Given
$275.0M
Local Initiatives Support Corporation
New York, NY
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
Jack Adjmi Family Foundation Inc
New York, NY
Assets
—
Grants
1,045
Total Given
$4.5M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in New York
Data last updated September 2026. Sourced from IRS Form 990-PF filings.