Civic Intelligence

Greater Olean Inc

990 • Fiscal year 2015 • EIN 16-1450163

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization ProfileWWW.OLEANNY.COM
301 North Union StreetOlean, NY 14760

(716) 372-4433

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.55x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.62x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

17th percentile

-7.1%

Higher net margin than 17% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

55th percentile

$71,575

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

21st percentile

-7.8%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

53rd percentile

3.9%

Faster revenue growth than 53% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$906,599

Down $76,518 (-7.8%) from 2014

Net Assets

Down

$407,750

Down $56,809 (-12%) from 2014

Liabilities

Down

$498,849

Down $19,709 (-3.8%) from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin17th percentile

Revenue

Up

$805,213

Up $29,966 (+3.9%) from 2014

Expenses

Down

$862,022

Down $28,798 (-3.2%) from 2014

Net Income

Up

-$56,809

Up $58,764 (+51%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $1,047,629Liabilities 2010: $462,554Net Assets 2010: $585,0752010Assets 2011: $1,072,808Liabilities 2011: $481,029Net Assets 2011: $591,7792011Assets 2012: $1,387,168Liabilities 2012: $817,048Net Assets 2012: $570,1202012Assets 2013: $1,291,281Liabilities 2013: $711,149Net Assets 2013: $580,1322013Assets 2014: $983,117Liabilities 2014: $518,558Net Assets 2014: $464,5592014Assets 2015: $906,599Liabilities 2015: $498,849Net Assets 2015: $407,7502015Assets 2016: $983,918Liabilities 2016: $504,748Net Assets 2016: $479,1702016Assets 2017: $950,025Liabilities 2017: $480,668Net Assets 2017: $469,3572017Assets 2018: $873,129Liabilities 2018: $427,559Net Assets 2018: $445,5702018Assets 2019: $887,974Liabilities 2019: $433,774Net Assets 2019: $454,2002019Assets 2020: $1,023,896Liabilities 2020: $650,425Net Assets 2020: $373,4712020Assets 2021: $1,067,158Liabilities 2021: $762,788Net Assets 2021: $304,3702021Assets 2022: $1,335,603Liabilities 2022: $874,788Net Assets 2022: $460,8152022Assets 2023: $1,268,664Liabilities 2023: $826,444Net Assets 2023: $442,2202023Assets 2024: $1,184,015Liabilities 2024: $752,351Net Assets 2024: $431,6642024

Highlighted filing

2015

Assets$906,599
Liabilities$498,849
Net Assets$407,750
Open 2015 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $778,9702010Expenses 2011: $650,9092011Expenses 2012: $691,7962012Revenue 2013: $795,051Expenses 2013: $785,039Net Income 2013: $10,0122013Revenue 2014: $775,247Expenses 2014: $890,820Net Income 2014: -$115,5732014Revenue 2015: $805,213Expenses 2015: $862,022Net Income 2015: -$56,8092015Revenue 2016: $835,802Expenses 2016: $764,382Net Income 2016: $71,4202016Revenue 2017: $844,950Expenses 2017: $854,763Net Income 2017: -$9,8132017Revenue 2018: $794,094Expenses 2018: $817,881Net Income 2018: -$23,7872018Revenue 2019: $754,022Expenses 2019: $745,392Net Income 2019: $8,6302019Revenue 2020: $412,804Expenses 2020: $493,533Net Income 2020: -$80,7292020Revenue 2021: $524,929Expenses 2021: $594,030Net Income 2021: -$69,1012021Revenue 2022: $649,488Expenses 2022: $493,043Net Income 2022: $156,4452022Revenue 2023: $497,321Expenses 2023: $515,916Net Income 2023: -$18,5952023Revenue 2024: $476,119Expenses 2024: $486,675Net Income 2024: -$10,5562024

Highlighted filing

2015

Revenue$805,213
Expenses$862,022
Net Income-$56,809
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$843,102
Mission and Program Overview

Mission

Promote community / economic development

Promote community/economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$795,723$730,741▼ $64,982
Cash and Non-Interest-Bearing Accounts$117,731$77,776▼ $39,955
Accounts Receivable$32,196$56,961▲ $24,765
Prepaid Expenses and Deferred Charges$11,310$16,118▲ $4,808
Land, Buildings, and Equipment, Net$12,057$7,434▼ $4,623
Total Assets$983,117$906,599▼ $76,518
Other Assets Total$14,100$17,569▲ $3,469
Liabilities
Accounts Payable and Accrued Expenses$385,681$375,574▼ $10,107
Deferred Revenue$132,566$121,883▼ $10,683
Other Liabilities$311$1,392▲ $1,081
Total Liabilities$518,558$498,849▼ $19,709
Net Assets / Fund Balance
Unrestricted Net Assets$464,559$407,750▼ $56,809
Total Net Assets Fund Balance$464,559$407,750▼ $56,809
Total Liabilities and Net Assets / Fund Balance$983,117$906,599▼ $76,518

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,460$107,200$110,660
Other Land Buildings$3,974$36,978$40,952
Equipment$0$17,784$17,784
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Larry SorokesCEOFT$71,575$71,575
Meme YanetskoCOOFT$64,204$64,204

Board Members and Trustees

NameTitle
Eric GavinPresident
Dennis PezzimentiVice President
Amy SchneggenburgerDirector
Dennis JonesDirector
Dr Cory DuckworthDirector
James SnyderDirector
Jay SorokesDirector
Jeff BeltDirector
John GerringerDirector
John StahleyDirector
Louis DeroseDirector
Mike McafeeDirector
Tim FinanDirector
William AielloDirector
Mari HowardSecretary
TIM O'KEEFETreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$228,655
Program Service Revenue
$565,513
Investment Income
$1,192
Other Revenue
$9,853
Change in Net Assets
$-56,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$805,213
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$37,889
Total Revenue per Audited Statements
$843,102
Total Revenue per Form 990
$805,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,594
Salaries, Compensation, and Employee Benefits$357,343
Grants and Similar Amounts Paid$12,085
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$171,707
Current Officers, Directors, Trustees, and Key Employees---$135,779
Advertising---$72,821
Office Expenses---$50,594
Payroll Taxes---$24,710
Other Employee Benefits---$20,121
Occupancy---$15,659
Other Expenses---$14,025
Insurance---$12,134
Grants to Domestic Orgs---$12,085
All Other Expenses---$11,290
Fees for Services Accounting---$8,955
Pension Plan Contributions---$5,026
Depreciation Depletion---$4,623
Travel---$2,229
Total Functional Expenses$0$0$0$862,022

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$899,911
Expenses per Audited Statements$862,022
Total Expenses per Form 990$862,022
Expenses Not Reported on Form 990$37,889
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$24,091
Gaming Direct Expenses$22,605
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Insurance Liability$1,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Larry sorokes is the ceo of greater olean, inc. His brother, jay sorokes is a director on the greater olean, inc. Board of directors.”

Form 990, Part VI, Section B, Line 11

“Line 11a explanation - a draft of the organization's form 990 was provided to each member of the board for their review prior to its filing.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing document, conflict of interest policy, and financial statements available to the public upon their request.”

Filing and Contact Details

Filer

Filer Name
Greater Olean Inc
EIN
16-1450163
Phone
7163724433
Address
301 NORTH UNION STREET, OLEAN, NY 14760

Signing Officer

Name
Dennis Pezzimenti
Title
President
Phone
7163724433
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Pezzimenti
Formed
1906
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
8
Volunteers
208

Preparer

Firm
Buffamante Whipple Buttafaro Pc
Address
130 SOUTH UNION STREET SUITE 200, OLEAN, NY 14760
Preparer
Scott D Reed CPA
Phone
7163721620
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The internal revenue service has classified the greater olean chamber of commerce as exempt from federal income taxes under section 510(c)(6) of the united states internal revenue code. In addition, the greater olean chamber of commerce is exempt from new york state income tax. The chamber reports unrelated business activity related to healh insurance activities and advertising in its directory. While the chamber believes the methodology and assumptions related to these calcuations are appropriate, it realizes that they would likely be reviewed if the returns were selected for audit examination. Tax years that remain subject to examination by taxing authorities include 2012 and later years.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Line 9b direct expenses from page 9, part viii 22,605. Line 10b direct expenses from page 9 part viii 15,284.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Line 9b direct expenses from page 9, part viii 22,605. Line 10b direct expenses from part viii 15,284.”

Raw XML AppendixShowing 400 of 545 raw XML fields

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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IRS990/InvestmentIncomeGrp/ExclusionAmt01192
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01192
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0161962
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012057
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07434
IRS990/LandBldgEquipCostOrOtherBssAmt0169396
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE COMMUNITY / ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0464559
IRS990/NetAssetsOrFundBalancesEOYAmt0407750
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt01486
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt01486
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08367
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt08367
IRS990/NetUnrelatedBusTxblIncmAmt0-389
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt015659
IRS990/OfficeExpensesGrp/TotalAmt050594
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014100
IRS990/OtherAssetsTotalGrp/EOYAmt017569
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020121
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1OJT PARTICIPANT SUPPORT
IRS990/OtherExpensesGrp/Desc2OTHER GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt0160883
IRS990/OtherExpensesGrp/TotalAmt1106884
IRS990/OtherExpensesGrp/TotalAmt232497
IRS990/OtherExpensesGrp/TotalAmt314025
IRS990/OtherLiabilitiesGrp/BOYAmt0311
IRS990/OtherLiabilitiesGrp/EOYAmt01392
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt024710
IRS990/PensionPlanContributionsGrp/TotalAmt05026
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011310
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016118
IRS990/PrincipalOfficerNm0DENNIS PEZZIMENTI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3511120
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES & ASSE
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3ADV.-DIRECTORY
IRS990/ProgramServiceRevenueGrp/Desc4INSURANCE/UTILITY COMM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0259020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1166324
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt273897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0259020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1166324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt273897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt48781
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08978
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt18781
IRS990/ProgSrvcAccomActy2Grp/Desc0TANF SERVICES - UNDER CONTRACT WITH CATTARAUGUS COUNTY, AN ON-THE-JOB TRAINING PROGRAM IS OPERATED TO INCREASE THE SKILLS OF AREA RESIDENTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROMOTION & MARKETING - THROUGH SPECIAL EVENTS AND ADVERTISING CAMPAIGNS, PURSUE ECONOMIC DEVELOPMENT AND REVITILIZATION IN THE OLEAN AREA.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0224531
IRS990/PYGrantsAndSimilarPaidAmt014311
IRS990/PYInvestmentIncomeAmt01223
IRS990/PYOtherExpensesAmt0504164
IRS990/PYOtherRevenueAmt01370
IRS990/PYProgramServiceRevenueAmt0548123
IRS990/PYRevenuesLessExpensesAmt0-115573
IRS990/PYSalariesCompEmpBnftPaidAmt0372345
IRS990/PYTotalExpensesAmt0890820
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0775247
IRS990/ReconcilationRevenueExpnssAmt0-56809
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0795723
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0730741
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017784
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017784
IRS990ScheduleD/ExpensesNotReportedAmt037889
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0862022
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03460
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0107200
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110660
IRS990ScheduleD/OtherExpensesIncludedAmt037889
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03974
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036978
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH INSURANCE LIABILITY
IRS990ScheduleD/OtherRevenueAmt037889
IRS990ScheduleD/RevenueNotReportedAmt037889
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0805213
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE GREATER OLEAN CHAMBER OF COMMERCE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 510(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE. IN ADDITION, THE GREATER OLEAN CHAMBER OF COMMERCE IS EXEMPT FROM NEW YORK STATE INCOME TAX. THE CHAMBER REPORTS UNRELATED BUSINESS ACTIVITY RELATED TO HEALH INSURANCE ACTIVITIES AND ADVERTISING IN ITS DIRECTORY. WHILE THE CHAMBER BELIEVES THE METHODOLOGY AND ASSUMPTIONS RELATED TO THESE CALCUATIONS ARE APPROPRIATE, IT REALIZES THAT THEY WOULD LIKELY BE REVIEWED IF THE RETURNS WERE SELECTED FOR AUDIT EXAMINATION. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES INCLUDE 2012 AND LATER YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LINE 9B DIRECT EXPENSES FROM PAGE 9, PART VIII 22,605. LINE 10B DIRECT EXPENSES FROM PAGE 9 PART VIII 15,284.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LINE 9B DIRECT EXPENSES FROM PAGE 9, PART VIII 22,605. LINE 10B DIRECT EXPENSES FROM PART VIII 15,284.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07434
IRS990ScheduleD/TotalExpensesPerForm990Amt0862022
IRS990ScheduleD/TotalLiabilityAmt01392
IRS990ScheduleD/TotalRevenuePerForm990Amt0805213
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0843102
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0899911
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt022605
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt024091
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt024091
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt01486
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt022605
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt022605
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerBusinessName/BusinessNameLine1Txt0NA
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0MEME YANETSKO
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0120 N UNION STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0OLEAN
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NY
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd014760
IRS990ScheduleG/StatesWhereGamingConductedCd0NY
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GREATER OLEAN, INC. CONDUCTS ONE COMMUNITY EVENT THAT RAISES FUNDS, A PORTION OF WHICH ARE DONATED TO LOCAL CHARITIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LARRY SOROKES IS THE CEO OF GREATER OLEAN, INC. HIS BROTHER, JAY SOROKES IS A DIRECTOR ON THE GREATER OLEAN, INC. BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - A DRAFT OF THE ORGANIZATION'S FORM 990 WAS PROVIDED TO EACH MEMBER OF THE BOARD FOR THEIR REVIEW PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON THEIR REQUEST.

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$906,599
Liabilities
$498,849
Net assets
$407,750
Revenue
$805,213
Expenses
$862,022
Net income
-$56,809
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.75$0.43$0.48$0.49$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.83$0.44$0.50$0.52$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.87$0.46$0.65$0.49$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.76$0.30$0.52$0.59$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.65$0.37$0.41$0.49$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.43$0.45$0.75$0.75$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.43$0.45$0.79$0.82$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.48$0.47$0.84$0.85$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.50$0.48$0.84$0.76$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.50$0.41$0.81$0.86$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.52$0.46$0.78$0.89$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.29$0.71$0.58$0.80$0.79$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.82$0.57$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.48$0.59$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.46$0.59$0.78
Peer Organizations

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