Overview
What is Niagara County Development Corporation?
Niagara County Development Corporation is a nonprofit organization situated in Sanborn, New York. Its primary mission is to bolster economic growth and business prosperity within Niagara County by offering loans at favorable interest rates to local small businesses. This initiative encourages the startup of new businesses and supports the relocation and expansion of existing ones within the county. This financial assistance serves as a catalyst for business development, ultimately contributing to the overall economic vitality of the region.
Official website here: www.niagaracountybusiness.com
Is Niagara County Development Corporation legitimate?
Niagara County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Niagara County 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.niagaracountybusiness.com
What is the mission statement of Niagara County Development Corporation?
The Niagara County Development Corporation's mission is centered around fostering economic growth and business prosperity. They achieve this by offering loans at favorable interest rates to small businesses within the county. This initiative encourages the startup of new businesses, as well as the relocation and expansion of existing businesses. The corporation's mission ultimately aims to stimulate business development and contribute to the county's economic vitality.
Official website here: www.niagaracountybusiness.com
What is the revenue of Niagara County Development Corporation?
Niagara County Development Corporation's revenue in 2023 was $498,442.
Official website here: www.niagaracountybusiness.com
Who are the executives of Niagara County Development Corporation and what are their salaries?
There 9 volunteers at Niagara County Development Corporation.
Here are 13 key members and their salaries:
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Official website here: www.niagaracountybusiness.com
Where can I find the form 990 for Niagara County Development Corporation?
Niagara County Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.niagaracountybusiness.com
Learn more at the official website: www.niagaracountybusiness.com
Mission Statement of Niagara County Development Corporation
The Niagara County Development Corporation, a key player in economic growth, is committed to fostering business prosperity within Niagara County, New York. The organization achieves this mission by offering loans at favorable interest rates to small businesses situated within the county. This strategic approach encourages the establishment of new businesses, as well as the relocation and expansion of existing enterprises within the region. By providing financial support in this manner, the Niagara County Development Corporation serves as a catalyst for economic development and the growth of local businesses.
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Impact
October, 2024
Niagara County Development Corporation plays a pivotal role in fostering economic growth and business prosperity in Niagara County, New York. By offering loans at favorable interest rates, it supports small businesses in their startup efforts and encourages the relocation and expansion of existing enterprises within the county. This financial assistance not only helps new businesses get off the ground but also enhances the competitive landscape for established businesses, promoting community improvement and financial stability. As a result, the organization significantly contributes to job creation and economic vitality in the region.
This information is meant to be a general summary of Niagara County 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.
- Investment Income: $37,081
- Program Service Revenue: $250
- Gross Receipts: $498,442
Assets and Liabilities:
- Total Assets: $3,496,744
- Total Liabilities: $397,452
- Net Assets: $3,099,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$250
Organization Details
Founding Year
1984
Principal Officer
Mark A Onesi
NTEE Category
Code: S43 - Community improvement
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