City Of Tonawanda Local Development Corporation 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Tonawanda Local 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE LOCAL DEVELOPMENT CORPORATION ENVISIONS AN ATTRACTIVE, ABUNDANT, HISTORIC DOWNTOWN AREA THAT WILL SERVE AS THE HEART OF THE CITY AND ENCOURAGE PRIDE, ENGAGEMENT AND GROWTH WITHIN THE COMMUNITY AT LARGE. THE EXISTING UNIQUE AND ECLECTIC BUSINESSES PROVIDE THE FOUNDATION FOR A VIBRANT DOWNTOWN WHICH WILL ENCOURAGE A COMMUNITY OF VISION AND ENTREPRENEURSHIP, MAKING IT ATTRACTIVE TO AREA RESIDENTS, TOURISTS OF ALL AGES AND INVESTORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mario Pena Director | 1 | $0 | |
Martin Grunzweig Director | 1 | $0 | |
Scott Sherwood Director | 1 | $0 | |
Samantha Muscato Interim Chair | 2 | $0 | |
Mary Ann Cancilla Treasurer | 2 | $0 | |
Michelle Moore Secretary | 2 | $0 |
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 | $0 |
Total Revenue | $0 |
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 | $20,400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $50 |
Other expenses | $7,279 |
Total expenses | $27,729 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $195,878 |
Other assets | $0 |
Total assets | $195,878 |
Total liabilities | $0 |
Net assets or fund balances | $195,878 |