Cattaraugus Development Corporation
- Assets
- $218.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Olean, NY
- Founding
- 04/1988
- Data as of
- 12/2020
- EIN
- 16-1117827
Organization Overview
Cattaraugus Development Corporation is located in Olean, NY. The organization was established in 1988. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Cattaraugus Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cattaraugus Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Cattaraugus Development Corporation generated $181.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $138.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF HOUSING PROGRAMS IN CATTARAUGUS COUNTY
Describe the Organization's Program Activity:
Part 3
ADMINISTRATION OF HOUSING CHOICE VOUCHER PROGRAM, WHICH IS HUD RENTAL ASSISTANCE PROGRAM. CURRENTLY SERVES APPROXIMATELY 300 UNITS
ADMINISTRATION OF MODERATE-REHAB SINGLE ROOM OCCUPANCY PROJECTS. CURRENTLY SERVES APPROXIMATELY 20 UNITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosanne Larsen Executive Director | 35 | $52,139 | |
Alan Silliker Chairman | 0 | $0 | |
Darwin King Vice Chairman | 0 | $0 | |
Michiko Mcelfresh Secretary | 0 | $0 | |
James Boser Director | 0 | $0 | |
Hans Sendlakowski Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $181,175 |
| Membership dues | $0 |
| Investment income | $323 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,498 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $102,792 |
| Professional fees and other payments to independent contractors | $13,012 |
| Occupancy, rent, utilities, and maintenance | $11,000 |
| Printing, publications, postage, and shipping | $1,821 |
| Other expenses | $10,305 |
| Total expenses | $138,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,886 |
| Other assets | $0 |
| Total assets | $218,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $218,886 |
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