Civic Intelligence

Greater Olean Inc

990 • Fiscal year 2020 • EIN 16-1450163

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

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

91st percentile

0.64x

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

1.58x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-20%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$69,736

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-45%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$1,023,896

Up $135,922 (+15%) from 2019

Net Assets

Down

$373,471

Down $80,729 (-18%) from 2019

Liabilities

Up

$650,425

Up $216,651 (+50%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin9th percentile

Revenue

Down

$412,804

Down $341,218 (-45%) from 2019

Expenses

Down

$493,533

Down $251,859 (-34%) from 2019

Net Income

Down

-$80,729

Down $89,359 (-1035%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th 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

2020

Assets$1,023,896
Liabilities$650,425
Net Assets$373,471
Open 2020 Filing

Operations Trend

Revenue Growth8th 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

2020

Revenue$412,804
Expenses$493,533
Net Income-$80,729
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$419,801
Mission and Program Overview

Mission

Promote community / economic development

Promote community/economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$598,144$662,767▲ $64,623
Cash and Non-Interest-Bearing Accounts$113,447$245,439▲ $131,992
Accounts Receivable$78,648$77,487▼ $1,161
Land, Buildings, and Equipment, Net$32,942$25,694▼ $7,248
Prepaid Expenses and Deferred Charges$10,562$10,816▲ $254
Total Assets$887,974$1,023,896▲ $135,922
Other Assets Total$54,231$1,693▼ $52,538
Liabilities
Accounts Payable and Accrued Expenses$360,974$429,665▲ $68,691
Mortgage Notes Payable Secured by Investment Property-$150,000-
Deferred Revenue$71,083$70,760▼ $323
Other Liabilities$1,717$0▼ $1,717
Total Liabilities$433,774$650,425▲ $216,651
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$454,200$373,471▼ $80,729
Total Net Assets Fund Balance$454,200$373,471▼ $80,729
Total Liabilities and Net Assets / Fund Balance$887,974$1,023,896▲ $135,922

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,432$58,979$76,411
Other Land Buildings$8,262$25,600$33,862
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meme YanetskoCOOFT$61,936$7,800$69,736

Board Members and Trustees

NameTitle
Mari HowardPresident
Andrew CayaDirector
Daniel DemarteDirector
Dennis PezzimentiDirector
Eric GarvinDirector
John PetruzziDirector
John StanleyDirector
Rick MooreDirector
Steve PokrzykDirector
Terry BriartonDirector
Tim FinanDirector
Tim SmithDirector
William AielloDirector
Jason CrisafulliSecretary
Adam JesterTreasurer
Vicki BlessingVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$184,322
Program Service Revenue
$221,063
Investment Income
$4,187
Other Revenue
$3,232
Change in Net Assets
$-80,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$393,092
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,997
Total Revenue per Audited Statements
$400,089
Total Revenue per Form 990
$393,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,622
Salaries, Compensation, and Employee Benefits$228,861
Grants and Similar Amounts Paid$50
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$124,479
Current Officers, Directors, Trustees, and Key Employees---$69,736
Advertising---$40,914
Office Expenses---$33,453
Occupancy---$28,080
Payroll Taxes---$16,825
Depreciation Depletion---$15,443
Other Employee Benefits---$14,800
Fees for Services Accounting---$11,610
Conferences and Meetings---$9,634
Insurance---$4,470
Pension Plan Contributions---$3,021
Other Expenses---$521
Travel---$198
Grants to Domestic Orgs---$50
Total Functional Expenses$0$0$0$493,533

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$480,818
Expenses per Audited Statements$473,821
Total Expenses per Form 990$473,821
Expenses Not Reported on Form 990$6,997
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
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 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
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
Vicki Blessing
Title
President
Phone
7163721620
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Blessing
Formed
1906
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
7
Volunteers
47

Preparer

Firm
Buffamante Whipple Buttafaro Pc
Address
130 SOUTH UNION STREET SUITE 200, OLEAN, NY 14760
Preparer
David V Ditanna 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 2017 and later years.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Line 10b direct expenses from page 9 part viii 6,997.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Line 10b direct expenses from part viii 6,997.”

Raw XML AppendixShowing 400 of 483 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/MissionDesc0PROMOTE COMMUNITY / ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0150000
IRS990/NetAssetsOrFundBalancesBOYAmt0454200
IRS990/NetAssetsOrFundBalancesEOYAmt0373471
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03232
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03232
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0454200
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0373471
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt028080
IRS990/OfficeExpensesGrp/TotalAmt033453
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054231
IRS990/OtherAssetsTotalGrp/EOYAmt01693
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014800
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1OJT PARTICIPANT SUPPORT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt044745
IRS990/OtherExpensesGrp/TotalAmt144174
IRS990/OtherExpensesGrp/TotalAmt231380
IRS990/OtherExpensesGrp/TotalAmt3521
IRS990/OtherLiabilitiesGrp/BOYAmt01717
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0124479
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt016825
IRS990/PensionPlanContributionsGrp/TotalAmt03021
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010562
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010816
IRS990/PrincipalOfficerNm0VICKI BLESSING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES & ASSE
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE/UTILITY COMM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt097163
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt192169
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt097163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt192169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34949
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt04949
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/PYContributionsGrantsAmt0233006
IRS990/PYGrantsAndSimilarPaidAmt0600
IRS990/PYInvestmentIncomeAmt06368
IRS990/PYOtherExpensesAmt0447977
IRS990/PYOtherRevenueAmt02924
IRS990/PYProgramServiceRevenueAmt0511724
IRS990/PYRevenuesLessExpensesAmt08630
IRS990/PYSalariesCompEmpBnftPaidAmt0296815
IRS990/PYTotalExpensesAmt0745392
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0754022
IRS990/ReconcilationRevenueExpnssAmt0-80729
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0598144
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0662767
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/BookValueAmt017432
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058979
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076411
IRS990ScheduleD/ExpensesNotReportedAmt06997
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0473821
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt06997
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08262
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033862
IRS990ScheduleD/OtherRevenueAmt06997
IRS990ScheduleD/RevenueNotReportedAmt06997
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0393092
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 2017 AND LATER YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LINE 10B DIRECT EXPENSES FROM PAGE 9 PART VIII 6,997.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LINE 10B DIRECT EXPENSES FROM PART VIII 6,997.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025694
IRS990ScheduleD/TotalExpensesPerForm990Amt0473821
IRS990ScheduleD/TotalRevenuePerForm990Amt0393092
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0400089
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0480818
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/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OLEAN BUSINESS DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0455371087
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0301 N UNION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OLEAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014760
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025570
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt128080
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST ALLOCATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1PER LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OLEAN BUSINESS DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OLEAN BUSINESS DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1K
IRS990ScheduleR/TransferFromOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,023,896
Liabilities
$650,425
Net assets
$373,471
Revenue
$412,804
Expenses
$493,533
Net income
-$80,729
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
2020Detailed filing. Detailed filing data is available for this year.$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