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Genesee Gateway Local Development Corporation

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

EIN: 331101375 ✦ Batavia, NY ✦ Designated as a 501(c)(3)

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Overview

What is Genesee Gateway Local Development Corporation?

Genesee Gateway Local Development Corporation is a nonprofit organization situated in Batavia, New York, specifically at 99 Medtech Drive 106. Their primary mission is to stimulate economic growth in Genesee County by engaging in real property development initiatives. Their primary objective is to promote economic development through various projects and initiatives within the Genesee County region.


Official website here: www.gcedc.com

What do the Facebook reviews say about Genesee Gateway Local Development Corporation?

100% of the 7 reviewers on Facebook recommend the Genesee Gateway Local Development Corporation. Here is a summary of their reviews:

The organization has received high praise from individuals who feel positively about the impactful work being done for the community of Genesee County. Many commend the dedication and efforts of the team, noting that they are a wonderful group of people making significant contributions to the local area.

Overall, the sentiment conveyed in the reviews reflects a strong appreciation for the nonprofit's initiatives and commitment to serving its community effectively. Many reviewers feel proud and grateful for the services being provided, indicating that the organization truly delivers on its mission.


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

Is Genesee Gateway Local Development Corporation legitimate?

Genesee Gateway Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesee Gateway Local 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.


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.gcedc.com

What is the mission statement of Genesee Gateway Local Development Corporation?

The Genesee Gateway Local Development Corporation is committed to driving economic development initiatives in its domain. Its primary mission is to foster economic growth in the area by actively engaging in real property development projects. The organization aims to promote sustainable development and attract businesses, thereby stimulating economic activity and improving the local community's overall well-being. Additionally, the corporation may collaborate with local partners to facilitate various economic development projects and initiatives.


Official website here: www.gcedc.com

Who is the CEO of Genesee Gateway Local Development Corporation?

Donald Cunningham is the Chairman of Genesee Gateway Local Development Corporation.


Official website here: www.gcedc.com

What is the revenue of Genesee Gateway Local Development Corporation?

Genesee Gateway Local Development Corporation's revenue in 2022 was $3,383,567.


Official website here: www.gcedc.com

Who are the executives of Genesee Gateway Local Development Corporation and what are their salaries?

There 9 volunteers at Genesee Gateway Local Development Corporation.


Here are 9 key members and their salaries:


Donald Cunningham (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Felton (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Noble-Moag (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Torrey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Bender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Battaglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Tretter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Yunker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Zeliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gcedc.com

Where can I find the form 990 for Genesee Gateway Local Development Corporation?

Genesee Gateway Local Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gcedc.com

Learn more at the official website: www.gcedc.com

Mission Statement of Genesee Gateway Local Development Corporation

Genesee Gateway Local Development Corporation, as a nonprofit organization, is dedicated to promoting economic development initiatives within Genesee County. Their mission is to stimulate growth and prosperity in the area by focusing on the development of real property. This endeavor aims to attract businesses and create job opportunities, ultimately contributing to the overall economic well-being of the community.

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Impact




October, 2024

Genesee Gateway Local Development Corporation significantly impacts economic growth in Genesee County by actively promoting and developing real property initiatives. By focusing on strategies that stimulate local development, the organization plays a crucial role in fostering a vibrant economic environment in Batavia, NY. Its initiatives encourage investment, create jobs, and improve community infrastructure, ultimately enhancing the quality of life for residents and businesses alike. Through targeted efforts, the corporation helps to attract new opportunities and sustain the economic vitality of the region.




This information is meant to be a general summary of Genesee Gateway Local 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.

Revenue
$3,383,567 (2022)
Expenses
$2,676,199 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$74,355
  • Program Service Revenue: $848,888
  • Gross Receipts: $3,757,700

Assets and Liabilities:

  • Total Assets: $18,680,179
  • Total Liabilities: $7,936,712
  • Net Assets: $10,743,467

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Programs

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

LEASE REVENUE

Revenue

$560,296

LEASE INTEREST INCOME

Revenue

$123,346

RENT

Revenue

$120,729

MISCELLANEOUS FEES

Revenue

$24,114

LOAN INTEREST INCOME

Revenue

$20,403

Organization Details

Founding Year

2004

Principal Officer

Donald Cunningham

Main Address

99 MEDTECH DRIVE 106, BATAVIA, NY, 140209712

NTEE Category

Code: S30 - Community improvement

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