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Nonprofit · EIN 27-0702928

GRIDER INITIATIVE INC

Tax-exempt · BUFFALO, NY 14215

Financials

$208K$402023$285K$501K2024
Revenue Expenses · by fiscal year end
Financials of GRIDER INITIATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$285,279$501,327-$216,048$10,167,309$0$10,167,309
December 31, 2023990$208,322$40$208,282$10,232,480$0$10,232,480
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$285,279
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$500,000
Management and general (functional)
$1,327

Balance sheet and other

Total assets, start of year
$10,232,480
Total assets, end of year
$10,167,309
Total liabilities, end of year
$0
Net assets, end of year
$10,167,309
Publicly traded securities
$3,052,714
Net assets with donor restrictions
$10,167,309
Gross receipts
$285,279
Employees
0
Volunteers
8
Year formed
2009
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Eugenio RussiChairman
Trustee or director, Officer
1$0
Dr Jennifer PughVice-Chair
Trustee or director, Officer
1$0
Darby FiskinTreasurer
Trustee or director, Officer
1$0
Jennifer PersicoSecretary
Trustee or director, Officer
1$0
Sharon L HansonExecutive Dir.
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Jennifer PersicoChairman
Trustee or director, Officer
1$0
Dr Jennifer PughVice-Chair
Trustee or director, Officer
1$0
Darby FiskinTreasurer
Trustee or director, Officer
1$0
Jonathan A DandesSecretary
Trustee or director, Officer
1$0
Sharon L HansonExecutive Dir.
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
462 GRIDER ST, BUFFALO, NY 14215-3021
In care of
% ANTHONY J COLUCCI III
Principal officer (990 for 2024)
Jennifer Persico, 462 Grider Street, Buffalo, NY 14215
Signed the 990
Jennifer Persico, Executive Director
Phone
(716) 898-3730
Return prepared by
WatsonRice LLP

Mission

To support Erie County Medical Center Corporation "ECMCC", a public benefit corporation, by establishing and managing an endowment solely for the purpose of supporting the recruitment and retention of physicians to practice on the Grider street campus of ECMCC.

990 for the year ended December 31, 2024

Program accomplishments

  • The recruitment and retention of physicians practicing at Erie County Medical Center Corporation's Grider street campus.
    Expenses $500,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0702928
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E112)
Assets (IRS master file)
$10,167,309
Income (IRS master file)
$285,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$285,279$501,327$10,167,309IRS
990December 2023$208,322$40$10,232,480XML
990December 2022$5,482$750$9,846,836IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0702928).

Questions about GRIDER INITIATIVE INC

What is the EIN of GRIDER INITIATIVE INC?
The employer identification number (EIN) of GRIDER INITIATIVE INC is 27-0702928.
Is GRIDER INITIATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to GRIDER INITIATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GRIDER INITIATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRIDER INITIATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRIDER INITIATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GRIDER INITIATIVE INC?
The 990 for the year ended December 31, 2024 names Jennifer Persico.
Who are the officers and directors of GRIDER INITIATIVE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does GRIDER INITIATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $285,279, expenses of $501,327 and total assets of $10,167,309 at year end.

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