Overview
What is Hamburg New York Land Development Corporation?
The Hamburg New York Land Development Corporation is a nonprofit organization based in Hamburg, New York, specifically at 6122 South Park Avenue. Their primary mission is to bolster the economic growth of the town by procuring and developing properties, and partaking in associated real estate development activities. This strategic approach aims to attract and retain both new and existing businesses in the town of Hamburg.
Official website here: www.hamburgida.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Hamburg New York Land Development Corporation has achieved an impressive 97% rating from Charity Navigator, indicating a high level of accountability and finance management. This score reflects the organization’s commitment to effective governance, as evidenced by its fully independent board consisting of ten members. The absence of material diversion of assets further underscores the integrity of its financial practices.
Strengths of the organization include a strong adherence to transparency and ethical practices, demonstrated by its established conflict of interest and whistleblower policies. Additionally, the corporation maintains a healthy financial profile with a liabilities to assets ratio of 0.00% and a program expense ratio of 70.61%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs.
While the organization excels in financial governance, ongoing monitoring of its program impact may be beneficial to ensure that it continues to serve its mission effectively. However, the current data reflects a robust operational structure and a commitment to maintaining high standards in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Hamburg New York Land Development Corporation legitimate?
Hamburg New York Land Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamburg New York Land 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.hamburgida.com/
What is the mission statement of Hamburg New York Land Development Corporation?
The Hamburg New York Land Development Corporation's mission is centered around supporting the economic growth of a town. This is achieved through the acquisition and development of properties, as well as engaging in related real estate development activities. The ultimate goal is to attract and retain both new and existing businesses to the town, contributing to its overall economic development. The corporation's activities aim to stimulate business growth and investment, thereby enhancing the town's economic vitality.
Official website here: www.hamburgida.com/
Who is the CEO of Hamburg New York Land Development Corporation?
Sean Doyle is the Chief Financial Officer of Hamburg New York Land Development Corporation.
Official website here: www.hamburgida.com/
What is the revenue of Hamburg New York Land Development Corporation?
Hamburg New York Land Development Corporation's revenue in 2022 was $8,600.
Official website here: www.hamburgida.com/
Who are the executives of Hamburg New York Land Development Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.hamburgida.com/
Where can I find the form 990 for Hamburg New York Land Development Corporation?
Hamburg New York Land Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hamburgida.com/
Learn more at the official website: www.hamburgida.com/
Mission Statement of Hamburg New York Land Development Corporation
The Hamburg New York Land Development Corporation, with a mission-driven approach, aims to bolster the economic growth of its town. To achieve this, the corporation engages in the acquisition and development of properties and partakes in related real estate development activities. Its primary objective is to attract and retain both new and existing businesses within the town, thereby fostering a thriving economic environment.
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Impact
August, 2024
Hamburg New York Land Development Corporation's impact lies in its dedicated efforts to support the economic development of the town of Hamburg. By acquiring and developing properties and engaging in related real estate development activities, the corporation plays a crucial role in attracting and retaining businesses in the area. This strategic focus not only enhances the local economy but also contributes to the overall growth and prosperity of the town. The corporation's initiatives are instrumental in fostering a vibrant business environment and driving community improvement in Hamburg, NY.
This information is meant to be a general summary of Hamburg New York Land 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: $8,600
- Gross Receipts: $8,600
Assets and Liabilities:
- Total Assets: $1,673,133
- Total Liabilities: $0
- Net Assets: $1,673,133
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Organization Details
Founding Year
2010
Phone
(716) 648-4145Principal Officer
Sean Doyle
Main Address
6122 SOUTH PARK AVENUE, HAMBURG, NY, 14075
Website
www.hamburgida.com/NTEE Category
Code: S31 - Community improvement
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