City Of Tonawanda Local Development Corp
- Assets
- $70.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tonawanda, NY
- Founding
- 08/2018
- Data as of
- 12/2020
- EIN
- 82-2294581
Organization Overview
City Of Tonawanda Local Development Corp is located in Tonawanda, NY. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. City Of Tonawanda 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SHALL ENCOURAGE THE ATTRACTION, DEVELOPMENT OR RETENTION OF BUSINESSES WITHIN THE CITY OF TONAWANDA AND LESSEN THE BURDENS OF THE LOCAL GOVERNMENT BY CREATING, RETAINING AND EXPANDING JOBS AND ECONOMIC OPPORTUNITIES FOR THE BENEFIT OF THE ECONOMY AND RESIDENTS OF THE CITY OF TONAWANDA.
THE CORPORATION SHALL ENCOURAGE THE ATTRACTION, DEVELOPMENT OR RETENTION OF BUSINESSES WITHIN THE CITY OF TONAWANDA AND LESSEN THE BURDENS OF THE LOCAL GOVERNMENT BY CREATING, RETAINING AND EXPANDING JOBS AND ECONOMIC OPPORTUNITIES FOR THE BENEFIT OF THE ECONOMY AND RESIDENTS OF THE CITY OF TONAWANDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Knight Executive Director | 4 | $12,320 | |
George Ferber Secretary | 2 | $0 | |
Frederic Foels Trustee | 1 | $0 | |
John Guido Treasurer | 2 | $0 | |
Dawn Kammerdeiner Council Representative | 1 | $0 | |
Joseph J Cassatta Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $130 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,130 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,320 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $1,502 |
| Total expenses | $13,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,428 |
| Other assets | $0 |
| Total assets | $70,428 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Codman Square Neighborhood Development Corporation Dorchester, MA | $49,534,179 | $9,221,133 |
New Jersey Community Development Corporation Inc Paterson, NJ | $38,005,348 | $12,337,768 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |
Broc-Community Action In Southwestern Vermont Rutland, VT | $4,592,577 | $9,366,618 |
Urban Edge Housing Corp Roxbury, MA | $48,065,772 | $13,249,471 |
Jamaica Plain Neighborhood Development Corporation Jamaica Plain, MA | $42,347,137 | $8,553,419 |
Fifth Avenue Association Business Improvement District Inc New York, NY | $1,371,227 | $6,747,998 |
Fifth Avenue Committee Incorporated Brooklyn, NY | $7,015,493 | $7,933,714 |
Hamden Economic Developmente Corporation Hamden, CT | $3,370,551 | $167,824 |
Warren And Forest Counties Economic Opportunity Council Warren, PA | $10,674,151 | $7,590,481 |
Opportunity Communities Llc Chelsea, MA | $1,253,175 | $6,991,638 |
Just A Start Inc Cambridge, MA | $43,187,600 | $7,410,722 |