Civic Intelligence

Cattaraugus Development Corporation

EIN 16-1117827 • 501(c)3 • Olean, NY

Profile

Administration of housing programs in cattaraugus county

132 North Union Street Ste 107Olean, NY 14760
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$52,139

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 28.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

55th percentile

0.1%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$219,050

Up $164 (+0.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$990

Down $180,508 (-99%) from 2020

Expenses

Down

$606

Down $138,324 (-100%) from 2020

Net Income

Down

$384

Down $42,184 (-99%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2011: $92,823Liabilities 2011: $7,1612011Assets 2012: $109,686Liabilities 2012: $11,1142012Assets 2013: $115,982Liabilities 2013: $1,2412013Assets 2014: $119,526Liabilities 2014: $7522014Assets 2015: $98,642Liabilities 2015: $6,9922015Assets 2016: $77,249Liabilities 2016: $6,553Net Assets 2016: $70,6962016Assets 2017: $88,044Liabilities 2017: -$2,630Net Assets 2017: $90,6742017Assets 2018: $137,214Liabilities 2018: $0Net Assets 2018: $137,2142018Assets 2019: $176,098Liabilities 2019: $0Net Assets 2019: $176,0982019Assets 2020: $218,886Liabilities 2020: $0Net Assets 2020: $218,8862020Assets 2021: $219,050Liabilities 2021: $02021

Highlighted filing

2021

Assets$219,050
Liabilities$0
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $161,331Expenses 2011: $157,214Net Income 2011: $4,1172011Revenue 2012: $182,994Expenses 2012: $170,084Net Income 2012: $12,9102012Revenue 2013: $186,583Expenses 2013: $170,414Net Income 2013: $16,1692013Revenue 2014: $183,817Expenses 2014: $179,784Net Income 2014: $4,0332014Revenue 2015: $180,593Expenses 2015: $207,717Net Income 2015: -$27,1242015Revenue 2016: $185,371Expenses 2016: $206,325Net Income 2016: -$20,9542016Revenue 2017: $197,879Expenses 2017: $177,901Net Income 2017: $19,9782017Revenue 2018: $197,792Expenses 2018: $149,411Net Income 2018: $48,3812018Revenue 2019: $226,937Expenses 2019: $188,053Net Income 2019: $38,8842019Revenue 2020: $181,498Expenses 2020: $138,930Net Income 2020: $42,5682020Revenue 2021: $990Expenses 2021: $606Net Income 2021: $3842021

Highlighted filing

2021

Revenue$990
Expenses$606
Net Income$384

Filings

Latest Detailed Filing

The latest 2021 filing currently has summary financial data only. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 19, 2020
Return Version
2019v5.0
Gross Receipts
$226,937
Mission and Program Overview

Mission

Administration of housing programs in cattaraugus county

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$137,214$176,098▲ $38,884
Total Assets$137,214$176,098▲ $38,884
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$137,214$176,098▲ $38,884
Total Net Assets Fund Balance$137,214$176,098▲ $38,884
Total Liabilities and Net Assets / Fund Balance$137,214$176,098▲ $38,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosanne LarsenExecutive DirectorFT$55,463$55,463

Board Members and Trustees

NameTitle
Alan SillikerChairman
Darwin KingVice Chairman
James BoserDirector
Terri StranburgDirector
Michiko McelfreshSecretary
Hans SendlakowskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,509
Investment Income
$428
Other Revenue
$0
Change in Net Assets
$38,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,508
Other Expenses$54,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,463--$55,463
Other Salaries and Wages$47,966--$47,966
Other Expenses$18,304--$18,304
Other Employee Benefits$18,095--$18,095
Occupancy$13,200--$13,200
Office Expenses$8,740--$8,801
Payroll Taxes$7,384--$7,384
Pension Plan Contributions$4,600--$4,600
Travel$4,506--$4,506
Information Technology$2,600--$2,600
Insurance$2,599--$2,599
Fees for Services Accounting$1,897--$1,897
Conferences and Meetings$1,470--$1,470
Total Functional Expenses$187,992$0$0$188,053
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

The Form 990 will be provided to the Board Members for

Part VI Line 11B

their review and comments

Part VI Line 19

Upon Request

Filing and Contact Details

Filer

Filer Name
Cattaraugus Development Corporation
EIN
16-1117827
In Care Of
% Rosanne Larson
Phone
7163722550
Address
132 North Union Street Ste 107, Olean, NY 14760

Signing Officer

Name
Rosanne Larson
Title
Executive Director
Phone
7163722550
Signed
2020-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosanne Larsen
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5

Preparer

Firm
Mjk Accounting
Address
1781 PARK ST, SUITE 2, OLEAN, NY 14760-3931
Preparer
Matthew J Keller
Phone
7163793191
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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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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0147603931
ReturnHeader/PreparerPersonGrp/PhoneNum07163793191
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW J KELLER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-05-19T11:24:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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