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Wyoming County Business Assistance Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264277183 ✦ Warsaw, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wyoming County Business Assistance Corporation?

The Wyoming County Business Assistance Corporation, located at 36 Center St STE D, Warsaw, NY 14569, serves as a management entity for a revolving loan program. Its primary mission is to manage business loan funds on behalf of the Wyoming County Industrial Development Agency, fostering economic development in the county's businesses. In addition to managing these funds, the corporation is also permitted to engage in various activities that contribute to the promotion of economic growth. Its purpose is to provide pass-through services for individual and business applicants, enabling them to access beneficial economic development opportunities available in Wyoming County.


Official website here: www.wycoida.org

What do the Facebook reviews say about Wyoming County Business Assistance Corporation?

90% of 6 reviewers on Facebook recommend the Wyoming County Business Assistance Corporation. Here is a summary of their reviews:

Many participants express their appreciation for the classes offered, highlighting the supportive environment and the expertise of the instructors. One reviewer specifically mentioned overcoming personal fears and taking significant steps towards achieving their dreams, thanks to the guidance provided by the organization.

Overall, the sentiment reflects a strong sense of satisfaction and encouragement from those who have engaged with the services. It seems that the nonprofit excels in facilitating personal growth and empowerment among its members.


This AI summary has been generated from reviews found on Facebook.

Is Wyoming County Business Assistance Corporation legitimate?

Wyoming County Business Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyoming County Business Assistance 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wycoida.org

What is the mission statement of Wyoming County Business Assistance Corporation?

The Wyoming County Business Assistance Corporation's mission is centered around managing business loan funds on behalf of the Wyoming County Industrial Development Agency. This role is part of a broader objective to engage in permissible activities that promote economic development in the area. In essence, the corporation acts as a facilitator, providing pass-through services to individual and business applicants, thereby enabling them to benefit from economic development opportunities available in the county.


Official website here: www.wycoida.org

Who is the CEO of Wyoming County Business Assistance Corporation?

James Pierce is the Chairman of Wyoming County Business Assistance Corporation. The CEO's salary of Wyoming County Business Assistance Corporation is $0 and their total compensation is $120,573.


Official website here: www.wycoida.org

What is the revenue of Wyoming County Business Assistance Corporation?

Wyoming County Business Assistance Corporation's revenue in 2022 was $259,621.


Official website here: www.wycoida.org

Who are the executives of Wyoming County Business Assistance Corporation and what are their salaries?

There 7 volunteers at Wyoming County Business Assistance Corporation.


Here are 8 key members and their salaries (Wyoming County Business Assistance Corporation's CEO's salary is $0 and their total compensation is $120,573):


Mark Dadd (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
A D Berwanger (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mccormick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Ryan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Joseph Gozelski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Niccole Hastings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rutowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pierce (President/Ceo)
  • Compensation: $0
  • Related: $109,069
  • Other: $11,504


Official website here: www.wycoida.org

Where can I find the form 990 for Wyoming County Business Assistance Corporation?

Wyoming County Business Assistance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wycoida.org

Learn more at the official website: www.wycoida.org

Mission Statement of Wyoming County Business Assistance Corporation

The Wyoming County Business Assistance Corporation is dedicated to fulfilling its mission on behalf of the Wyoming County Industrial Development Agency. This mission primarily revolves around managing business loan funds and engaging in various permissible activities that promote economic development. By managing a revolving loan program, the corporation provides pass-through services to individual and business applicants, thereby facilitating the accessibility of economic development benefits for Wyoming County businesses. In essence, the Wyoming County Business Assistance Corporation serves as a catalyst for economic growth in the county, ensuring the availability of financial resources for businesses to thrive and prosper.

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Impact




October, 2024

Wyoming County Business Assistance Corporation plays a crucial role in promoting economic development within the region. By managing the business loan funds on behalf of the Wyoming County Industrial Development Agency, it facilitates access to financial resources for local businesses.

The corporation operates a revolving loan program that provides individualized support and pass-through services for both individual and business applicants. This assistance is vital in helping businesses secure necessary funding to expand operations, create jobs, and contribute to the local economy. Through its efforts, Wyoming County Business Assistance Corporation enhances community improvement, fosters economic growth, and supports the overall vitality of businesses in the area.




This information is meant to be a general summary of Wyoming County Business Assistance 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.

Revenue
$259,621 (2022)
Expenses
$226,599 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,614
  • Program Service Revenue: $61,580
  • Gross Receipts: $259,621

Assets and Liabilities:

  • Total Assets: $4,063,317
  • Total Liabilities: $469,165
  • Net Assets: $3,594,152

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSUMER LENDING

Revenue

$61,580

Organization Details

Founding Year

2009

Principal Officer

James Pierce

Main Address

36 CENTER ST STE D, WARSAW, NY, 145691471

NTEE Category

Code: S30 - Community improvement

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