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Schoharie Economic Enterprise Corporation

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

EIN: 833511645 ✦ Schoharie, NY ✦ Designated as a 501(c)(3)

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Overview

What is Schoharie Economic Enterprise Corporation?

The Schoharie Economic Enterprise Corporation (SEEC), established in 2019, is a nonprofit organization based in Schoharie, New York. Its primary focus is on promoting economic development in the region, aiming to combat declines in the workforce, population, and median household income. To achieve this, SEEC works with local businesses and municipal partners to secure and manage grants from various federal, state, and local sources. These grants are aimed at fostering job creation and capital investment. The organization is backed by contributions from prominent business leaders and currently employs a team of four individuals.


Official website here: www.seecny.org

Is Schoharie Economic Enterprise Corporation legitimate?

Schoharie Economic Enterprise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoharie Economic Enterprise 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: $112,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,284

For more financial information, click here


Official website here: www.seecny.org

What is the mission statement of Schoharie Economic Enterprise Corporation?

The Schoharie Economic Enterprise Corporation (SEEC), established in 2019, is a non-profit organization dedicated to promoting economic growth. Its mission is to combat the challenges of declining workforce, population, and median household income in its region. SEEC achieves this by fostering and encouraging the development of businesses, with the aim of stimulating economic development. The organization receives support from various business leaders through donations.


Official website here: www.seecny.org

Who is the CEO of Schoharie Economic Enterprise Corporation?

Thomas O Putnam is the Executive Chair of Schoharie Economic Enterprise Corporation.


Official website here: www.seecny.org

What is the revenue of Schoharie Economic Enterprise Corporation?

Schoharie Economic Enterprise Corporation's revenue in 2022 was $383,196.


Official website here: www.seecny.org

Who are the executives of Schoharie Economic Enterprise Corporation and what are their salaries?

The average compensation at Schoharie Economic Enterprise Corporation during 2022 was $56,782. There are 4 employees and 36 volunteers at Schoharie Economic Enterprise Corporation.


Here are 6 key members and their salaries:


Julie Pacatte (Executive Dir.)
  • Compensation: $112,844
  • Related: $0
  • Other: $23,616
Thomas O Putnam (Executive Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric H Stein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Becker (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen A Harris (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.seecny.org

Where can I find the form 990 for Schoharie Economic Enterprise Corporation?

Schoharie Economic Enterprise Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.seecny.org

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

Mission Statement of Schoharie Economic Enterprise Corporation

The Schoharie Economic Enterprise Corporation (SEEC), established in 2019, is a not-for-profit organization that is committed to driving economic development in Schoharie County. Their mission is to stimulate, nurture, and bolster the growth of entrepreneurial ventures. This initiative aims to counteract the downward trends in the region's workforce, population, and median household income. SEEC is backed by generous contributions from local business leaders, demonstrating their dedication to this cause.

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Impact




October, 2024

The Schoharie Economic Enterprise Corporation (SEEC) plays a crucial role in shaping the economic landscape of Schoharie County, NY. Its primary focus is on securing capital resources to drive local economic and community development priorities. By collaborating with businesses and municipal partners, SEEC identifies, applies for, and administers grants from federal, state, and local sources. These efforts directly contribute to job creation and capital investment within the region.

Since its formation in 2019, SEEC has addressed significant challenges such as workforce decline, population decrease, and stagnant median household income in the area. By promoting and fostering business enterprises, SEEC aims to revitalize the local economy and ensure sustainable growth. Its status as a prequalified grant administrator at both the state and federal levels enhances its capacity to make a meaningful impact, enabling effective navigation of the complexities of grant funding. This commitment to economic development has made SEEC a vital resource for the community, supported by various local business leaders who recognize the importance of investing in the region's future.




This information is meant to be a general summary of Schoharie Economic Enterprise 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
$383,196 (2022)
Expenses
$469,597 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$59,806
  • Gross Receipts: $383,196

Assets and Liabilities:

  • Total Assets: $1,414,497
  • Total Liabilities: $255,733
  • Net Assets: $1,158,764

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Organization Details

Founding Year

2019

Principal Officer

Thomas O Putnam

Main Address

PO BOX 1099, SCHOHARIE, NY, 12157

NTEE Category

Code: K50 - Food

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