Overview
What is Hamburg Development Corporation?
The Hamburg Development Corporation is a nonprofit organization situated in Hamburg, New York. Its primary mission is to stimulate investment and growth in the town's residential, commercial, and industrial sectors. It accomplishes this by providing loans to local businesses and fostering partnerships between residents, business communities, local government representatives, and financial institutions. The corporation operates as a professionally staffed, non-profit entity, collaborating with various stakeholders to revitalize and enhance the town's economic landscape.
Official website here: www.townofhamburgny.com/hamburg-developme
Is Hamburg Development Corporation legitimate?
Hamburg Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamburg Development 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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Official website here: www.townofhamburgny.com/hamburg-developme
What is the mission statement of Hamburg Development Corporation?
The Hamburg Development Corporation's mission is to stimulate investment in the residential, commercial, and industrial sectors within its geographic area. This is achieved through a collaborative effort between residents, local businesses, government representatives, and financial institutions, working together within a professionally staffed, non-profit organization. Their goal is to revitalize these sectors, fostering a sense of partnership and growth.
Official website here: www.townofhamburgny.com/hamburg-developme
Who is the CEO of Hamburg Development Corporation?
Sean Doyle is the Director of Hamburg Development Corporation.
Official website here: www.townofhamburgny.com/hamburg-developme
What is the revenue of Hamburg Development Corporation?
Hamburg Development Corporation's revenue in 2022 was $18,564.
Official website here: www.townofhamburgny.com/hamburg-developme
Who are the executives of Hamburg Development Corporation and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.townofhamburgny.com/hamburg-developme
Where can I find the form 990 for Hamburg Development Corporation?
Hamburg Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.townofhamburgny.com/hamburg-developme
Learn more at the official website: www.townofhamburgny.com/hamburg-developme
Mission Statement of Hamburg Development Corporation
Hamburg Development Corporation is a non-profit organization that aims to stimulate reinvestment in residential, commercial, and industrial areas. This is achieved through a collaborative effort involving residents, business communities, local government representatives, financial institutions, and other interested individuals. The corporation operates as a professionally staffed entity, working towards revitalizing these areas in a partnership-based approach. The ultimate goal is to revitalize and improve the overall well-being of the communities they serve.
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Impact
August, 2024
Hamburg Development Corporation plays a vital role in stimulating reinvestment in the residential, commercial, and industrial areas within the town of Hamburg, New York. By funding loans to local businesses, the corporation fosters economic growth and revitalization in the community. Through collaboration with residents, businesses, local government, and financial institutions, Hamburg Development Corporation actively works towards enhancing the overall quality of life and boosting economic development in the region.
This information is meant to be a general summary of Hamburg Development 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 2022.
- Investment Income: $15
- Program Service Revenue: $18,483
- Gross Receipts: $18,564
Assets and Liabilities:
- Total Assets: $563,002
- Total Liabilities: $0
- Net Assets: $563,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST EARNINGS ON L
Revenue
$14,743
LATE PAYMENTS
Revenue
$2,640
LOAN APPLICATION FEES
Revenue
$1,100
Organization Details
Founding Year
1986
Phone
(716) 648-4145Principal Officer
Sean Doyle
Main Address
6122 SOUTH PARK AVENUE, HAMBURG, NY, 14075
NTEE Category
Code: S99Z - Community improvement
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