Buffalo, N.Y. (WBEN) - Despite ongoing challenges tied to rising demand, staffing shortages and funding gaps, Western New York's nonprofit sector continues to grow in size and scope.
The eight-county region is home to 232 nonprofits with revenue of $2 million or more. These nonprofits report a combined revenue of $3.8 billion, and employ nearly 62,000 people, according to Buffalo Business First's 2024 Million-Dollar Nonprofits analysis.
These 232 nonprofits are part of an annual research report that examines financial data from tax filings for hundreds of nonprofit corporations across the region, each with revenue of at least $2 million in the 2022 fiscal year, the most recent fiscal year for which complete data is available.
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While executives at Allient Inc. in Amherst expect inventory levels to right size by early next year, after experiencing a 14% revenue decline in the third quarter this year, the company plans to continue cost structure rationalization efforts in 2025.
Allient makes components and systems in motion controls, power quality and electronic control.
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The Polka New Year's Eve Gala returns to the M-Hotel Buffalo, formerly the Millennium Hotel on Walden Avenue in Cheektowaga, this New Year's Eve.
Anyone interested can take advantage of early bird special pricing with packages of $299 or $279. After Tuesday, Dec. 10, all event packages will revert to the regular price of $349.
This package includes overnight accommodations at the hotel, a welcome cocktail hour with appetizers, a five-course dinner for the night, a five-hour open bar, a champagne toast at midnight, breakfast the next morning and more.
Val Dyngus Day
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