2024-05-15T11:46:04-05:00 2023-12-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-01-01 161388796 BUFFALO NIAGARA MEDICAL CAMPUS INC BUFF 7168542662 640 ELLICOTT STREET 401 BUFFALO NY 14203 PATRICK KILCULLEN CHIEF FINANCIAL OFFICER 7168542662 2024-05-15 1 PATRICK KILCULLEN XXX-XX-XXXX 0 SARAH M HOPKINS P02010701 7168563300 2024-05-14 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MATTHEW ENSTICE 640 ELLICOTT STREET 401 BUFFALO NY 14203 12505630 0 X WWW.BNMC.ORG X 1990 NY TO PROVIDE OPPORTUNITIES FOR THE CULTIVATION OF A WORLD-CLASS MEDICAL CAMPUS FOR CLINICAL CARE, RESEARCH, EDUCATION AND ENTREPRENEURSHIP IN DOWNTOWN BUFFALO, NEW YORK. 24 24 24 24 368949 0 491086 1786577 10330936 10597554 142 55790 41758 65709 10863922 12505630 0 0 0 0 2430459 2744596 0 0 80694 10389310 11795694 12819769 14540290 -1955847 -2034660 109106921 106378521 84543763 84619362 24563158 21759159 TO PROMOTE A KNOWLEDGE-BASED TRANSFORMATION OF WESTERN NEW YORK THROUGH THE BIOMEDICAL RESEARCH, EDUCATION, CLINICAL PRACTICE, AND ENTREPRENEURSHIP OF ITS MEMBER INSTITUTIONS. 0 0 12149740 10294314 CULTIVATION OF A WORLD-CLASS MEDICAL CAMPUS FOR CLINICAL CARE, RESEARCH, EDUCATION AND ENTREPRENEURSHIP IN DOWNTOWN BUFFALO, NEW YORK; OPERATED UNDER 13 SEPERATE LLC'S. COORDINATION OF ACTIVITIES RELATED TO PLANNING, DEVELOPMENT AND ENHANCEMENT OF THE 120-ACRE SPACE, FACILITATE COLLABORATION AMONG MEMBER INSTITUTIONS AND THE COMMUNITY, STRIVE TO CREATE A DISTINCT ENVIRONMENT THAT PROVIDES OPPORTUNITIES FOR ACTIVE AND HEALTHY LIVING. 12149740 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 46 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X PATRICK KILCULLEN 7168542662 640 ELLICOTT STREET BUFFALO NY 14203 EDWARD F WALSH JR CHAIRMAN 2.00 X X 0 0 0 JAMES R BILTEKOFF VICE CHAIR 2.00 X X 0 0 0 ANTHONY B MARTINO TREASURER AND VICE CHAIR 2.00 X X 0 0 0 DR CANDACE S JOHNSON SECRETARY 2.00 X X 0 0 0 THOMAS R BEECHER JR CHAIR EMERITUS 2.00 X X 0 0 0 WILLIAM L JOYCE CHAIR EMERITUS 2.00 X X 0 0 0 ELLEN BIELER BOARD MEMBER 2.00 X 0 0 0 DONALD BOYD BOARD MEMBER 2.00 X 0 0 0 DR ALLISON BRASHEAR BOARD MEMBER 2.00 X 0 0 0 JOSEPH J COZZO BOARD MEMBER 2.00 X 0 0 0 CONNIE ERVIN BOARD MEMBER 2.00 X 0 0 0 RICHARD A GRIMM III BOARD MEMBER 2.00 X 0 0 0 GARY GROSBY BOARD MEMBER 2.00 X 0 0 0 MARTHA LAMPARELLI BOARD MEMBER 2.00 X 0 0 0 JOHN C NOTARO MD BOARD MEMBER 2.00 X 0 0 0 TAMMY B OWEN BOARD MEMBER 2.00 X 0 0 0 WILLIAM PANZICA BOARD MEMBER 2.00 X 0 0 0 SAMUEL RUSSO BOARD MEMBER 2.00 X 0 0 0 DANIEL J SCULLY BOARD MEMBER 2.00 X 0 0 0 MARK J SIMON BOARD MEMBER 2.00 X 0 0 0 EDWARD SNELL PHD BOARD MEMBER 2.00 X 0 0 0 SATISH K TRIPATHI PHD BOARD MEMBER 2.00 X 0 0 0 JONATHAN WHITE BOARD MEMBER 2.00 X 0 0 0 ELIZABETH WOIKA-GANGA BOARD MEMBER 2.00 X 0 0 0 MATTHEW K ENSTICE PRESIDENT/CEO 40.00 X 298620 0 36008 PATRICK KILCULLEN CHIEF FINANCE OFFICER 40.00 X 215314 0 30951 513934 0 66959 2 0 1 0 0 1666623 119954 1786577 CAMPUS PARKING OPERATIONS 812930 8068553 8068553 RENTAL REVENUE 531120 1985983 1617034 368949 DUES FROM MEMBER ORGANIZATIONS 900099 439708 439708 REIMBURSEMENTS 221000 88652 88652 MANAGEMENT FEES 561499 14658 14658 10597554 55790 55790 65709 65709 65709 12505630 10294314 368949 55790 580893 133606 435670 11617 1811639 1346906 451755 12978 43154 32085 10758 311 90279 78761 11164 354 218631 137738 78707 2186 449834 213482 236352 25202 10081 14617 504 269179 238584 29768 827 86689 54614 31208 867 555063 499557 52731 2775 33508 30157 2513 838 3838079 3454271 364618 19190 3106492 2758343 330742 17407 270741 243667 25720 1354 PROJECT EXPENSE 1502750 1502750 REPAIRS AND MAINTENANCE 859966 773969 81697 4300 SECURITY AND PROPERTY T 363242 326918 34508 1816 PARKING AND RELATED 74202 74202 360747 240049 117328 3370 14540290 12149740 2309856 80694 6125760 4344982 1498207 4141 283758 1125982 1046645 191400 106142124 23289217 84597612 82852907 17253426 16160622 109106921 106378521 1398046 2545522 161979 132969 59026458 57324803 237135 258434 13813423 14396824 9906722 9960810 84543763 84619362 X 24563158 21759159 24563158 21759159 109106921 106378521 X -2034660 -769339 X X 0 1 X 1 0 X 819283 437334 440202 491086 1786577 3974482 819283 437334 440202 491086 1786577 3974482 38694 3935788 1546 614 87 142 55790 58179 4032661 50556440 0.97600 0.97050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6809800 6809800 96208485 21738590 74469895 2693265 1550627 1142638 430574 430574 82852907 INTEREST IN PARTNERSHIP 1582910 INTEREST RATE SWAPS 2580899 RIGHT OF USE ASSETS 11996813 16160622 LEASE LIABILITY 9960810 9960810 12237917 -267713 -267713 12505630 0 12505630 14915291 375001 375001 14540290 0 14540290 PART IV, LINE 2B: FUNDS ARE FOR SECURITY DEPOSITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FNUB PARKING REVENUE-DEFERRED 501,626. LOSS ON INTEREST RATE SWAPS -671,361. LOSS FROM INTEREST IN PARTNERSHIP -97,978. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION ON TENANCY IN COMMON 375,001. X X X 0 0 0 0 0 0 0 0 0 MATTHEW K ENSTICE PRESIDENT/CEO 294060 0 0 0 4560 0 15050 0 20958 0 334628 0 0 0 PATRICK KILCULLEN CHIEF FINANCE OFFICER 208714 0 0 0 6600 0 11000 0 19951 0 246265 0 0 0 A BECILDC TAX-EXEMPT REVENUE BONDS 2016 161090858 2016-09-09 43600000 CONSTRUCTION PROJECT 0 0 0 B BECIDC TAX-EXEMPT REVENUE BONDS 2010 161090858 2022-01-01 19635847 CONSTRUCTION PROJECT 0 0 0 A 43600000 1157938 38643871 3798191 2018 0 0 1 1 B 19635847 400713 19235134 2022 0 0 1 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 6 THE BUFFALO NIAGARA MEDICAL CAMPUS IS MADE UP OF MEMBER INSTITUTIONS LOCATED ON/NEAR THE CAMPUS AS FOLLOWS: -UNIVERSITY AT BUFFALO -ROSWELL PARK CANCER INSTITUTE -KALEIDA HEALTH -HAUPTMAN-WOODWARD MEDICAL RESEARCH INSTITUTE -BUFFALO MEDICAL GROUP -VISUALLY IMPAIRED ADVANCEMENT -BUFFALO HEARING & SPEECH CENTER -CONNECTLIFE -THE CENTER FOR HOSPICE AND PALLIATIVE CARE -ALLENTOWN ASSOCIATION -FRUITBELT TASK FORCE AND BLOCK CLUB COALITION -BEST SELF BEHAVIORAL HEALTH FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAVE AN ACTIVE ROLE IN REVIEWING ALL FINANCIAL INFORMATION AND HAVE DESIGNATED REVIEW OF THE FORM 990 TO THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C WHEN A POTENTIAL CONFLICT EXISTS, THOSE INVOLVED ABSTAIN FROM DELIBERATIONS AND VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONTRACTED WITH AN INDEPENDENT PARTY TO EVALUATE SALARY RANGE FOR COMPARABLE ORGANIZATIONS/POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART V, LINE 2A EMPLOYEES-THE ORGANIZATION CONTRACTS WITH A PROFESSIONAL EMPLOYMENT ORGANIZATION (PEO) TO PROVIDE ALL PAYROLL AND HUMAN RESOURCE FUNCTIONS. ALL PAYROLL TAX FILINGS FOR THE ORGANIZATION'S EMPLOYEES ARE FILED BY AND INCLUDED AS PART OF THE PEO'S GROUP FILINGS. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS -671,361. LOSS FROM INTEREST IN PARTNERSHIP -97,978. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 927-937 WASHINGTON ST LLC 640 ELLICOTT ST BUFFALO NY 14203 680617991 ACQUIRE AND LEASE PROPERTY AT 927-937 WASHINGTON ST. NY 31427 499289 N/A 73 HIGH ST LLC 640 ELLICOTT ST BUFFALO NY 14203 208344518 ACQUIRE, RENOVATE AND LEASE PROPERTY AT 73 HIGH ST. NY 215497 2618983 N/A BNMC SERVICES LLC 640 ELLICOTT ST BUFFALO NY 14203 208344617 ENTER INTO CERTAIN LEASE AGREEMENTS NY 198886 58839 N/A BNMC PARKING LLC 640 ELLICOTT ST BUFFALO NY 14203 260192981 MANAGE CERTAIN CAMPUS PARKING FACILITIES NY 137121 49779 N/A 589 ELLICOTT ST LLC 640 ELLICOTT ST BUFFALO NY 14203 261298952 ACQUIRE AND MANAGE PARKING FACILITY AT 589 ELLICOTT ST. NY 720837 5700030 N/A 640 ELLICOTT ST LLC 640 ELLICOTT ST BUFFALO NY 14203 261249927 ACQUIRE, RENOVATE AND LEASE PROPERTY AT 640 ELLICOTT ST. NY 855667 17622499 N/A 134 HIGH ST LLC 640 ELLICOTT ST BUFFALO NY 14203 272890448 DEVELOP AND OPERATE A PARKING GARAGE AT 134 HIGH ST. NY 2806281 24113813 N/A INNOVATION CENTER ANNEX LLC 640 ELLICOTT ST BUFFALO NY 14203 471324113 ACQUIRE, RENOVATE AND LEASE PROPERTY AT 847 MAIN STREET NY 828651 6847289 N/A 854 ELLICOTT ST LLC 640 ELLICOTT ST BUFFALO NY 14203 474875494 DEVELOP AND OPERATE A PARKING GARAGAE ON THE MEDICAL CAMPUS NY 4376203 44424801 N/A BNMC GREENSCAPES LLC 640 ELLICOTT ST BUFFALO NY 14203 453852698 PROVIDE PROPERTY MANAGEMENT SERVICES TO THE LLCS AND AFFILIATED ENTITIES NY 0 11618 N/A 960 ELLICOTT STREET LLC 640 ELLICOTT ST BUFFALO NY 14203 813679049 ACQUIRE, RENOVATE AND LEASE REAL PROPERTY AND A PARKING FACILITY NY 0 1592912 N/A 640 CAPITAL LLC 640 ELLICOTT ST BUFFALO NY 14203 862958512 SUPPORT ENTREPRENEUR COMPANIES BY MAKING LOANS AND GRANTS NY 0 744784 N/A HIGH STREET AIR LLC 640 ELLICOTT ST BUFFALO NY 14203 991005405 TO COMPLETE THE CONSTRUCTION OF THE PROPOSED BRIDGE CONNECTOR NY 13108 89563 N/A