Auburn Local Development Corporation

Organization Overview

Auburn Local Development Corporation is located in Auburn, NY. The organization was established in 1991. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auburn Local Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2016, Auburn Local Development Corporation generated $2.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $7.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2016

Describe the Organization's Program Activity:

Part 3

IN CONJUNCTION WITH THE CITY OF AUBURN,TO PLAN, PROMOTE, COORDINATE, AND EXECUTE PROGRAMS IN THE CITY OF AUBURN AIMED AT IMPROVING THE QUALITY OF LIFE OF ITS RESIDENTS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$0
Investment income $2
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$2

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