Overview
What is Development Chenango Corporation?
Development Chenango Corporation is a nonprofit organization situated in Norwich, New York, specifically at 15 South Broad Street. Their primary mission is to stimulate economic development and generate job opportunities within Chenango County, New York. To achieve this goal, they make direct expenditures aimed at promoting economic growth. Their activities are centered around advancing business development, thereby contributing to the overall prosperity of the community.
Official website here: www.chenangony.org
Is Development Chenango Corporation legitimate?
Development Chenango Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Development Chenango Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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For more financial information, click here
Official website here: www.chenangony.org
What is the mission statement of Development Chenango Corporation?
The Development Chenango Corporation is committed to advancing business development and creating job opportunities throughout its operating region. This organization dedicates resources to promoting economic growth, contributing directly to the economic development of the area. Its primary objective is to foster a conducive environment for businesses, ultimately leading to an increase in job opportunities. The Corporation's activities are geared towards bolstering the local economy and supporting the growth of businesses within the community.
Official website here: www.chenangony.org
What is the revenue of Development Chenango Corporation?
Development Chenango Corporation's revenue in 2023 was $252,762.
Official website here: www.chenangony.org
Who are the executives of Development Chenango Corporation and what are their salaries?
There 27 volunteers at Development Chenango Corporation.
Here are 28 key members and their salaries:
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- Related: $96,540
- Other: $16,323
Official website here: www.chenangony.org
Where can I find the form 990 for Development Chenango Corporation?
Development Chenango Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chenangony.org
Learn more at the official website: www.chenangony.org
Mission Statement of Development Chenango Corporation
Development Chenango Corporation, as stated in its mission, is dedicated to fostering business growth and generating job opportunities across Chenango County, New York. The organization's primary aim is to stimulate economic development within the area, thereby creating a conducive environment for businesses to thrive and provide employment opportunities for its residents. Its activities are focused on making direct investments towards promoting economic development in Chenango County, New York.
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Impact
October, 2024
Development Chenango Corporation plays a crucial role in advancing business development and creating job opportunities throughout Chenango County, New York. By making direct expenditures aimed at promoting economic development, the organization significantly contributes to the region's growth and sustainability.
The focus on fostering a vibrant business environment helps attract new enterprises while supporting existing ones, which in turn generates employment and enhances the local economy. Through its initiatives, Development Chenango Corporation not only drives community improvement but also strengthens the overall economic landscape of the region, ensuring a brighter future for its residents.
This information is meant to be a general summary of Development Chenango Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $53,317
- Program Service Revenue: $22,842
- Gross Receipts: $591,799
Assets and Liabilities:
- Total Assets: $3,593,362
- Total Liabilities: $155,604
- Net Assets: $3,437,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST EARNED
Revenue
$22,842
Organization Details
Founding Year
1966
Principal Officer
Kurt Edwards
Website
www.chenangony.orgNTEE Category
Code: S31Z - Community improvement
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