Cattaraugus Development Corporation
- Assets
- $219.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Olean, NY
- Founding
- 04/1988
- 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 undefined, Cattaraugus Development Corporation generated $990.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (58.2%) each year. All expenses for the organization totaled $606.0 during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (62.2%) per year over the past 6 years. 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
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 | |
Hans Sendlakowski Treasurer | 0 | $0 | |
James Boser Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $990 |
| Total Revenue | $990 |
| Statement of Expenses | |
|---|---|
| Total expenses | $606 |
| Balance Sheet | |
|---|---|
| Total assets | $219,050 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,050 |