Orleans County Local Development Corp
- Assets
- $176.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, NY
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 16-1558667
Organization Overview
Orleans County Local Development Corp is located in Albion, NY. The organization was established in 1999. According to its NTEE Classification (S30) the organization is classified as: 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. Orleans County Local Development Corp 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 12/2022, Orleans County Local Development Corp generated $93.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $100.0k during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING GRANTS TO NEW BUSINESSES LOCATED IN THE COUNTY OF ORLEANS, NEW YORK FOR THE PURPOSE OF CREATING NEW JOBS AND REDUCING UNEMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Skip Draper Director | 2 | $0 | |
William Eick Director | 2 | $0 | |
Fred Miller Director | 2 | $0 | |
Kathy Blackburn Secretary | 5 | $0 | |
Laura Bentley Treasurer | 5 | $0 | |
Jeff Martin Vice-Chairperson | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,573 |
| Total Program Service Revenue | $4,705 |
| Membership dues | $0 |
| Investment income | $161 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,439 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,761 |
| Occupancy, rent, utilities, and maintenance | $68 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,789 |
| Total expenses | $100,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,627 |
| Other assets | $0 |
| Total assets | $175,972 |
| Total liabilities | $22,326 |
| Net assets or fund balances | $153,646 |
Grants Awarded
Over the last fiscal year, Orleans County Local Development Corp has awarded $97,369 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BELLA COSA PURPOSE: MICROENTERPRISE GRANT | $5,000 |
BUCKSHOT TANNERY PURPOSE: MICROENTERPRISE GRANT | $5,000 |
CANALSIDE TATTOO COMPANY PURPOSE: MICROENTERPRISE GRANT | $10,000 |
DIGITAL INK ARTS PURPOSE: MICROENTERPRISE GRANT | $6,600 |
HOLLEY BOTTLE AND CAN RETURN PURPOSE: MICROENTERPRISE GRANT | $15,000 |
KUSTOM KREATIONS PURPOSE: MICROENTERPRISE GRANT | $5,769 |