Orleans County Local Development Corp
- Assets
- $184.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, NY
- Founding
- 04/1999
- Data as of
- 12/2021
- 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 12/2021, Orleans County Local Development Corp generated $155.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $186.8k during the year ending 12/2021. While expenses have increased by 15.8% per year over the past 7 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
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Skip Draper Director | 2 | $0 | |
Kathy Blackburn Secretary | 5 | $0 | |
Paul Hendel Chairperson | 5 | $0 | |
William Eick Director | 2 | $0 | |
Jeff Martin Vice-Chairperson | 5 | $0 | |
Michael Dobell C.e.o./c.f.o. | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,673 |
| Total Program Service Revenue | $2,743 |
| Membership dues | $0 |
| Investment income | $226 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $538 |
| Total Revenue | $155,180 |
| 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 | $30,442 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,695 |
| Total expenses | $186,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,182 |
| Other assets | $0 |
| Total assets | $184,221 |
| Total liabilities | $23,976 |
| Net assets or fund balances | $160,245 |
Grants Awarded
Over the last fiscal year, Orleans County Local Development Corp has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
810 MEADWORKS LLC PURPOSE: ECONOMIC DEVELOPMENT/SMALL BUSINESS/MICROENTERPRISE | $10,000 |
SHIRT FACTORY CAFE LLC PURPOSE: ECONOMIC DEVELOPMENT/SMALL BUSINESS/MICROENTERPRISE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Institute For Communities Inc Danbury, CT | $23,773,882 | $36,794,150 |
Pidc-Developement Management Corporation Philadelphia, PA | $0 | $30,722,052 |
Delaware River Waterfront Corporation Philadelphia, PA | $26,551,411 | $24,883,136 |
T R W I B Inc Pittsburgh, PA | $14,392,055 | $22,959,509 |
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |