Form 990, Part VI, Section B, Line 11B
“The executive committee reviews and approves the 990. Then it is brought to the full board for approval before filing.”
990 • Fiscal year 2023 • EIN 16-0917480
Scores are not available for this record yet.
Assets
Up$685,090
Up $41,766 (+6.5%) from 2022
Net Assets
Up$685,090
Up $50,876 (+8.0%) from 2022
Liabilities
Down$0
Down $9,110 (-100%) from 2022
Revenue
Up$343,530
Up $80,170 (+30%) from 2022
Expenses
Up$292,654
Up $79,311 (+37%) from 2022
Net Income
Up$50,876
Up $859 (+1.7%) from 2022
To help provide local housing, to prepare sound planning programs and encourage citizen participation in such plans, and to work with local governments in implementing these plans.
The mission of the three rivers development foundation is to help provide local housing, to prepare sound planning programs and encourage citizen participation in such plans, and to work with local governments in implementing these plans.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $500,000 | $500,000 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $142,214 | $185,090 | ▲ $42,876 |
| Pledges and Grants Receivable | $1,110 | - | - |
| Total Assets | $643,324 | $685,090 | ▲ $41,766 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $9,110 | - | - |
| Total Liabilities | $9,110 | $0 | ▼ $9,110 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $533,126 | $537,599 | ▲ $4,473 |
| Net Assets With Donor Restrictions | $101,088 | $147,491 | ▲ $46,403 |
| Total Net Assets Fund Balance | $634,214 | $685,090 | ▲ $50,876 |
| Total Liabilities and Net Assets / Fund Balance | $643,324 | $685,090 | ▲ $41,766 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $500,000 | - | $500,000 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Kamala Keeley | President | PT | $148,085 | $148,085 |
| Name | Title |
|---|---|
| Chris Sharkey | Chair of the Board |
| Dawn Burlew | Vice Chair |
| Carly Norton | Board Member |
| Chip Cummings | Board Member |
| Craig Burton | Board Member |
| Edmund Sabanegh | Board Member |
| Jamie Johnson | Board Member |
| Jonathan Lawrence | Board Member |
| Michael Mishook | Board Member |
| Peter Dugo | Board Member |
| Susan Bull | Board Member |
| George Welch Sr | Secretary |
| Tom Pisano | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $292,654 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $1,632 | $125 | - | $125 |
| Total Functional Expenses | $289,856 | $2,798 | $0 | $292,654 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The executive committee reviews and approves the 990. Then it is brought to the full board for approval before filing.”
“Board members complete an annual disclosure of conflicts and are encouraged to review their compliance as actions occur.”
“The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“The board assumes responsibility of the review and the selection of the independent accountant. This process has not changed from the prior year.”
“Three rivers development foundation, inc. Is a not-for-profit organization exempt from federal and state income taxation under section 501(c)(3) of the internal revenue code and applicable state regulations. However, income from certain activities not directly related to the organizations' tax exempt purpose is subject to taxation as unrelated business income. The entity has filed for and received income tax exemptions in the various jurisdictions where it is required to do so and file form 990 tax returns in the u.s. Federal jurisdiction and in new york state. With few exceptions, as of december 31, 2023, the entity is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years ended prior to december 31, 2020. The tax returns for the years ended december 31, 2020 through december 31, 2023 are still subject to potential audit by the irs and taxing authorities in new york state. Management of the entity believes it has no material uncertain tax positions and, accordingly, has not recognized any liability for unrecognized tax benefits.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF THE THREE RIVERS DEVELOPMENT FOUNDATION IS TO HELP PROVIDE LOCAL HOUSING, TO PREPARE SOUND PLANNING PROGRAMS AND ENCOURAGE CITIZEN PARTICIPATION IN SUCH PLANS, AND TO WORK WITH LOCAL GOVERNMENTS IN IMPLEMENTING THESE PLANS. |
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| IRS990/Desc | 0 | TO MAINTAIN AND PROMOTE THE ECONOMIC VIABILITY OF THE SOUTHEAST STEUBEN COUNTY THROUGH BOARD AND STAFF SERVICE TO THE PUBLIC AND PRIVATE SECTORS IN THE FIELDS OF PLANNING, HOUSING, COMMERCIAL AND INDUSTRIAL DEVELOPMENT, AND COMMUNITY RENEWAL. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PRESIDENT |
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| IRS990/FormationYr | 0 | 1966 |
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| IRS990/MissionDesc | 0 | TO HELP PROVIDE LOCAL HOUSING, TO PREPARE SOUND PLANNING PROGRAMS AND ENCOURAGE CITIZEN PARTICIPATION IN SUCH PLANS, AND TO WORK WITH LOCAL GOVERNMENTS IN IMPLEMENTING THESE PLANS. |
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| IRS990/PYTotalRevenueAmt | 0 | 263360 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 206250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 307625 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 369750 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1480035 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 16 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 6230 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4250 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4250 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 29053 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4250 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 48033 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.40450 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.47750 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 618097 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 861938 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 337300 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 259110 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 206250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 307625 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 369750 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1480035 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1528084 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 500000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 500000 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THREE RIVERS DEVELOPMENT FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS' TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ENTITY HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO AND FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. WITH FEW EXCEPTIONS, AS OF DECEMBER 31, 2023, THE ENTITY IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO DECEMBER 31, 2020. THE TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2020 THROUGH DECEMBER 31, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ENTITY BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 500000 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE 990. THEN IT IS BROUGHT TO THE FULL BOARD FOR APPROVAL BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEMBERS COMPLETE AN ANNUAL DISCLOSURE OF CONFLICTS AND ARE ENCOURAGED TO REVIEW THEIR COMPLIANCE AS ACTIONS OCCUR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD ASSUMES RESPONSIBILITY OF THE REVIEW AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 2C |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | THREE RIVERS DEVELOPMENT FOUNDATION |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 160950879 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | PROVIDE LOCAL HOUSING TO PREPARE PLANNING PROGRAMS |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | THREE RIVERS REALTY CORPORATION |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 19 E MARKET STREET SUITE 201 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | CORNING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 14830 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | THREE RIVERS DEVELOPMENT CORP |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 510243697 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(4) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 19 E MARKET STREET SUITE 201 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | CORNING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 14830 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 643324 |
| IRS990/TotalAssetsEOYAmt | 0 | 685090 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 643324 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 685090 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 337300 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 2798 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 289856 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 292654 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 9110 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 9110 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 634214 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 685090 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.