Civic Intelligence

Greater Olean Inc

990 • Fiscal year 2018 • EIN 16-1450163

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

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

86th percentile

0.49x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

0.54x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

26th percentile

-3.0%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$94,584

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

21st percentile

-8.1%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-6.0%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$873,129

Down $76,896 (-8.1%) from 2017

Net Assets

Down

$445,570

Down $23,787 (-5.1%) from 2017

Liabilities

Down

$427,559

Down $53,109 (-11%) from 2017

Revenue

Down

$794,094

Down $50,856 (-6.0%) from 2017

Expenses

Down

$817,881

Down $36,882 (-4.3%) from 2017

Net Income

Down

-$23,787

Down $13,974 (-142%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$873,129
Liabilities$427,559
Net Assets$445,570

Operations Trend

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

2018

Revenue$794,094
Expenses$817,881
Net Income-$23,787
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$799,049
Mission and Program Overview

Mission

Promote community / economic development

Promote community/economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$744,573$676,026▼ $68,547
Accounts Receivable$59,765$63,606▲ $3,841
Land, Buildings, and Equipment, Net$49,928$43,966▼ $5,962
Cash and Non-Interest-Bearing Accounts$65,321$22,950▼ $42,371
Prepaid Expenses and Deferred Charges$13,727$14,940▲ $1,213
Total Assets$950,025$873,129▼ $76,896
Other Assets Total$16,711$51,641▲ $34,930
Liabilities
Accounts Payable and Accrued Expenses$358,955$367,452▲ $8,497
Deferred Revenue$120,019$58,413▼ $61,606
Other Liabilities$1,694$1,694→ $0
Total Liabilities$480,668$427,559▼ $53,109
Net Assets / Fund Balance
Unrestricted Net Assets$469,357$445,570▼ $23,787
Total Net Assets Fund Balance$469,357$445,570▼ $23,787
Total Liabilities and Net Assets / Fund Balance$950,025$873,129▼ $76,896

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,583$28,754$72,337
Other Land Buildings$383$25,284$25,667
Other Assets Org$51,641--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Larry SorokesCEOFT$94,584$94,584
Meme YanetskoCOOFT$69,254$69,254

Board Members and Trustees

NameTitle
Andrew CayaPresident
Mari HowardVice President
Dan DemarteDirector
Eric GarvinDirector
John PetruzziDirector
Matthew KahmDirector
Rick MooreDirector
Steve PokrzykDirector
Terry BrairtonDirector
Tim FinanDirector
Tim SmithDirector
William AielloDirector
TIM O'KEEFEEx-officio
Jason CrisafulliSecretary
Vickie BlessingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$238,564
Program Service Revenue
$547,240
Investment Income
$5,721
Other Revenue
$2,569
All Other Contributions
$23,575
Change in Net Assets
$-23,787

Audited Revenue Reconciliation

Revenue per Audited Statements
$794,094
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,955
Total Revenue per Audited Statements
$799,049
Total Revenue per Form 990
$794,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$457,208
Salaries, Compensation, and Employee Benefits$360,148
Grants and Similar Amounts Paid$525
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$163,838
Other Salaries and Wages---$138,041
Advertising---$61,866
Occupancy---$39,786
Office Expenses---$30,566
Other Employee Benefits---$26,965
Payroll Taxes---$26,930
Other Expenses---$23,950
Depreciation Depletion---$14,792
Fees for Services Accounting---$10,323
Insurance---$5,186
Pension Plan Contributions---$4,374
Travel---$1,304
Grants to Domestic Orgs---$525
All Other Expenses---$360
Total Functional Expenses$0$0$0$817,881

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$822,836
Expenses per Audited Statements$817,881
Total Expenses per Form 990$817,881
Expenses Not Reported on Form 990$4,955
Expenses Not Reported on Financial Statements$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Insurance Liability$1,694
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 B, Line 11B

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
Andrew Caya
Title
President
Phone
7163724433
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Caya
Formed
1906
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
200

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 2015 and later years.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Line 10b direct expenses from page 9 part viii 4,955.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Line 10b direct expenses from part viii 4,955.

Raw XML AppendixShowing 400 of 521 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0358955
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0367452
IRS990/AccountsReceivableGrp/BOYAmt059765
IRS990/AccountsReceivableGrp/EOYAmt063606
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE COMMUNITY/ECONOMIC DEVELOPMENT
IRS990/AdvertisingGrp/TotalAmt061866
IRS990/AllAffiliatesIncludedInd01
IRS990/AllOtherContributionsAmt023575
IRS990/AllOtherExpensesGrp/TotalAmt0360
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MEME YANETSKO
IRS990/BooksInCareOfDetail/PhoneNum07163724433
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 NORTH UNION STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0OLEAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014760
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt065321
IRS990/CashNonInterestBearingGrp/EOYAmt022950
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0163838
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt04955
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0238564
IRS990/CYGrantsAndSimilarPaidAmt0525
IRS990/CYInvestmentIncomeAmt05721
IRS990/CYOtherExpensesAmt0457208
IRS990/CYOtherRevenueAmt02569
IRS990/CYProgramServiceRevenueAmt0547240
IRS990/CYRevenuesLessExpensesAmt0-23787
IRS990/CYSalariesCompEmpBnftPaidAmt0360148
IRS990/CYTotalExpensesAmt0817881
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0794094
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0120019
IRS990/DeferredRevenueGrp/EOYAmt058413
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt014792
IRS990/Desc0ECONOMIC DEVELOPMENT - PROMOTE ECONOMIC DEVELOPMENT AMONG NEW AND EXISTING BUSINESSES. INCLUDES PROVIDING SUPPORT FOR THE OPERATION OF ECONOMIC DEVELOPMENT ZONE.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt010323
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1435.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1635.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN PETRUZZI
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRY BRAIRTON
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM AIELLO
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM FINAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MATTHEW KAHM
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN DEMARTE
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIC GARVIN
IRS990/Form990PartVIISectionAGrp/PersonNm7RICK MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm8TIM SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVE POKRZYK
IRS990/Form990PartVIISectionAGrp/PersonNm10VICKIE BLESSING
IRS990/Form990PartVIISectionAGrp/PersonNm11TIM O'KEEFE
IRS990/Form990PartVIISectionAGrp/PersonNm12MARI HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm13ANDREW CAYA
IRS990/Form990PartVIISectionAGrp/PersonNm14MEME YANETSKO
IRS990/Form990PartVIISectionAGrp/PersonNm15JASON CRISAFULLI
IRS990/Form990PartVIISectionAGrp/PersonNm16LARRY SOROKES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1469254
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1694584
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01906
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0214989
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0525
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0799049
IRS990/GrossSalesOfInventoryAmt07524
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt05186
IRS990/InvestmentIncomeGrp/ExclusionAmt05721
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05721
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt054038
IRS990/LandBldgEquipBasisNetGrp/BOYAmt049928
IRS990/LandBldgEquipBasisNetGrp/EOYAmt043966
IRS990/LandBldgEquipCostOrOtherBssAmt098004
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/NetAssetsOrFundBalancesBOYAmt0469357
IRS990/NetAssetsOrFundBalancesEOYAmt0445570
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02569
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02569
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt039786
IRS990/OfficeExpensesGrp/TotalAmt030566
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016711
IRS990/OtherAssetsTotalGrp/EOYAmt051641
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026965
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1OJT PARTICIPANT SUPPORT
IRS990/OtherExpensesGrp/Desc2OTHER GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt0132157
IRS990/OtherExpensesGrp/TotalAmt195175
IRS990/OtherExpensesGrp/TotalAmt241743
IRS990/OtherExpensesGrp/TotalAmt323950
IRS990/OtherLiabilitiesGrp/BOYAmt01694
IRS990/OtherLiabilitiesGrp/EOYAmt01694
IRS990/OtherSalariesAndWagesGrp/TotalAmt0138041
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt026930
IRS990/PensionPlanContributionsGrp/TotalAmt04374
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013727
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014940
IRS990/PrincipalOfficerNm0ANDREW CAYA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4511120
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES & ASSE
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE/UTILITY COMM
IRS990/ProgramServiceRevenueGrp/Desc4ADVERTISING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0232757
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1131671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2108641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0232757
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1131671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2108641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37499
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43125
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07499
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt13125
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/PYContributionsGrantsAmt0281490
IRS990/PYGrantsAndSimilarPaidAmt0828
IRS990/PYInvestmentIncomeAmt02458
IRS990/PYOtherExpensesAmt0472592
IRS990/PYOtherRevenueAmt04336
IRS990/PYProgramServiceRevenueAmt0556666
IRS990/PYRevenuesLessExpensesAmt0-9813
IRS990/PYSalariesCompEmpBnftPaidAmt0381343
IRS990/PYTotalExpensesAmt0854763
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0844950
IRS990/ReconcilationRevenueExpnssAmt0-23787
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0744573
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0676026
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/BookValueAmt043583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028754
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072337
IRS990ScheduleD/ExpensesNotReportedAmt04955
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0817881
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051641
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherExpensesIncludedAmt04955
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0383
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025284
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH INSURANCE LIABILITY
IRS990ScheduleD/OtherRevenueAmt04955
IRS990ScheduleD/RevenueNotReportedAmt04955
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0794094
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 2015 AND LATER YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LINE 10B DIRECT EXPENSES FROM PAGE 9 PART VIII 4,955.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LINE 10B DIRECT EXPENSES FROM PART VIII 4,955.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043966
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051641
IRS990ScheduleD/TotalExpensesPerForm990Amt0817881
IRS990ScheduleD/TotalLiabilityAmt01694
IRS990ScheduleD/TotalRevenuePerForm990Amt0794094
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0799049
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0822836
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 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/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATTARAUGUS EMPIRE ZONE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CATTARAUGUS REGION COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2OLEAN BUSINESS DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0161316746
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1161468127
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2455371087
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0301 N UNION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1301 N UNION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2301 N UNION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OLEAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1OLEAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2OLEAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2018Detailed filing. Detailed filing data is available for this year.$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