Overview
What is Batavia Development Corporation?
Batavia Development Corporation is a nonprofit organization situated within Batavia, dedicated to bettering the city's living standards. They achieve this by overseeing and managing the city's revolving loan funds and micro-enterprise grant program. Their primary objective is to foster the growth and sustainability of small businesses within the city, thereby strengthening the community's financial foundation and enhancing overall quality of life.
Official website here: www.bataviadevelopmentcorp.org
Is Batavia Development Corporation legitimate?
Batavia Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Batavia Development Corporation submitted a form 990EZ, 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.
Official website here: www.bataviadevelopmentcorp.org
What is the mission statement of Batavia Development Corporation?
The Batavia Development Corporation's mission is centered around bettering the community's quality of life. They accomplish this by promoting and managing revolving loan funds and micro-enterprise grant programs. The primary goal of these activities is to foster the growth and preservation of small businesses within the city, ultimately strengthening the community's financial foundation.
Official website here: www.bataviadevelopmentcorp.org
Who is the CEO of Batavia Development Corporation?
Wesley Bedford is the President of Batavia Development Corporation.
Official website here: www.bataviadevelopmentcorp.org
What is the revenue of Batavia Development Corporation?
Batavia Development Corporation's revenue in 2023 was $95,000.
Official website here: www.bataviadevelopmentcorp.org
Who are the executives of Batavia Development Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.bataviadevelopmentcorp.org
Where can I find the form 990EZ for Batavia Development Corporation?
Batavia Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.bataviadevelopmentcorp.org
Learn more at the official website: www.bataviadevelopmentcorp.org
Mission Statement of Batavia Development Corporation
Batavia Development Corporation, as a dedicated organization, strives to improve the overall quality of life within its community. By promoting and managing the city's revolving loan funds and micro-enterprise grant program, its mission is geared towards encouraging the growth and sustainability of small businesses. This initiative serves to bolster the community's financial foundation, thereby contributing to a more prosperous and vibrant local environment. By fostering the development and retention of small businesses, Batavia Development Corporation plays a significant role in enhancing the community's economic vitality and well-being.
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Impact
October, 2024
Batavia Development Corporation significantly impacts the city of Batavia by promoting small business growth and retention, which in turn enhances the community's economic vitality. By administering the city’s revolving loan funds and micro-enterprise grant program, they provide crucial financial support that empowers local entrepreneurs to establish and expand their businesses. This focus on small business development not only fosters job creation but also strengthens the community's fiscal base, leading to improved quality of life for residents. Their efforts contribute to a vibrant local economy, creating a more sustainable and prosperous city for all its inhabitants.
This information is meant to be a general summary of Batavia 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 2023.
- Gross Receipts: $95,000
Assets and Liabilities:
- Total Assets: $204,193
- Total Liabilities: $25,002
- Net Assets: $179,191
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Organization Details
Phone
(585) 345-6380Principal Officer
Wesley Bedford
Main Address
One Batavia City Centre, Batavia, NY, 14020
NTEE Category
Code: S20 - Community improvement
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