Overview
What is The Town Of Glenville Local Development Corporationschenectady County New York?
The Town of Glenville Local Development Corporation, located in Schnectady County, New York, serves as a catalyst for economic growth within the town. Based at 18 Glenridge Road, Glenville, the organization's primary mission is to stimulate business development, both new and existing. They achieve this by offering various initiatives designed to benefit the local community. The corporation's role extends to financially supporting the construction, acquisition, and rehabilitation of buildings or sites within the town, aiming to contribute positively to the town's overall development.
Official website here: www.glenvilleldc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Town of Glenville Local Development Corporation has achieved a high rating of 97%, reflecting its strong performance in accountability and finance. This score highlights the organization's commitment to transparency and responsible management of resources, which is crucial for building trust with donors and the community.
The nonprofit boasts an impressive record with a fully independent board of directors, ensuring impartial decision-making. Key policies, such as conflict of interest and whistleblower protections, are in place, and the organization has demonstrated effective fiscal management with a low liabilities-to-assets ratio of 0.22%. Additionally, a significant portion of its budget is allocated to program expenses, indicating a focus on mission-driven work.
While the organization demonstrates strong governance and financial stability, potential supporters may want to look for additional information on its program outcomes and impact in the community to fully understand its effectiveness in achieving its goals. Overall, this nonprofit stands out for its transparent practices and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is The Town Of Glenville Local Development Corporationschenectady County New York legitimate?
The Town Of Glenville Local Development Corporationschenectady County New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Town Of Glenville Local Development Corporationschenectady County New York 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.glenvilleldc.org
What is the mission statement of The Town Of Glenville Local Development Corporationschenectady County New York?
The Town of Glenville Local Development Corporation serves as a resource to stimulate economic development within its jurisdiction. This is achieved by fostering the growth of both new and existing businesses, as well as implementing various initiatives aimed at benefiting the local community. Additionally, the corporation is involved in constructing, acquiring, rehabilitating, and improving buildings or sites, either directly or financially, to contribute to the overall development of the town.
Official website here: www.glenvilleldc.org
Who is the CEO of The Town Of Glenville Local Development Corporationschenectady County New York?
Tracy Conley is the Chairman of The Town Of Glenville Local Development Corporationschenectady County New York.
Official website here: www.glenvilleldc.org
What is the revenue of The Town Of Glenville Local Development Corporationschenectady County New York?
The Town Of Glenville Local Development Corporationschenectady County New York's revenue in 2022 was $24,400.
Official website here: www.glenvilleldc.org
Who are the executives of The Town Of Glenville Local Development Corporationschenectady County New York and what are their salaries?
There 7 volunteers at The Town Of Glenville Local Development Corporationschenectady County New York.
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Official website here: www.glenvilleldc.org
Where can I find the form 990 for The Town Of Glenville Local Development Corporationschenectady County New York?
The Town Of Glenville Local Development Corporationschenectady County New York's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glenvilleldc.org
Learn more at the official website: www.glenvilleldc.org
Mission Statement of The Town Of Glenville Local Development Corporationschenectady County New York
The Town of Glenville Local Development Corporation, based in Schnectady County, New York, serves as a crucial resource for stimulating economic development within the town. Its primary mission is to foster the growth of both new and existing businesses within the community. To achieve this goal, the corporation engages in numerous initiatives designed to benefit the citizens of Glenville.
In more specific terms, the corporation plays a role in constructing, acquiring, rehabilitating, and improving buildings or sites within Glenville. Additionally, it provides financial assistance to individuals or entities looking to construct, acquire, and rehabilitate, as well as improve, buildings or sites within the town. By engaging in these activities, the Town of Glenville Local Development Corporation aims to contribute to the overall economic development of the community, ultimately benefiting its citizens.
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Impact
August, 2024
The Town Of Glenville Local Development Corporation in Schenectady County, New York, plays a crucial role in stimulating economic development within the town of Glenville. By supporting the growth of both new and existing businesses, the corporation contributes to job creation and overall economic prosperity in the area. Additionally, through various initiatives, it aims to benefit the citizens of Glenville by enhancing community infrastructure and fostering a vibrant business environment. This helps to improve the overall quality of life for residents and promotes sustainable growth within the town.
This information is meant to be a general summary of The Town Of Glenville Local Development Corporationschenectady County New York. 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.
- Program Service Revenue: $24,400
- Gross Receipts: $24,400
Assets and Liabilities:
- Total Assets: $426,622
- Total Liabilities: $960
- Net Assets: $425,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$24,400
Organization Details
Founding Year
2012
Phone
(518) 265-5635Principal Officer
Tracy Conley
Main Address
18 GLENRIDGE ROAD, GLENVILLE, NY, 12302
Website
www.glenvilleldc.orgNTEE Category
Code: L20 - Housing
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