Civic Intelligence

Greater Olean Inc

990 • Fiscal year 2023 • EIN 16-1450163

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

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

0.65x

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

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

1.66x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

25th percentile

-3.7%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

34th percentile

$85,488

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

20th percentile

-5.0%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-23%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$1,268,664

Down $66,939 (-5.0%) from 2022

Net Assets

Down

$442,220

Down $18,595 (-4.0%) from 2022

Liabilities

Down

$826,444

Down $48,344 (-5.5%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin25th percentile

Revenue

Down

$497,321

Down $152,167 (-23%) from 2022

Expenses

Up

$515,916

Up $22,873 (+4.6%) from 2022

Net Income

Down

-$18,595

Down $175,040 (-112%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth20th 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

2023

Assets$1,268,664
Liabilities$826,444
Net Assets$442,220
Open 2023 Filing

Operations Trend

Revenue Growth6th 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

2023

Revenue$497,321
Expenses$515,916
Net Income-$18,595
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$511,860
Mission and Program Overview

Mission

Promote community / economic development

Promote community/economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$744,244$712,458▼ $31,786
Cash and Non-Interest-Bearing Accounts$209,633$232,446▲ $22,813
Accounts Receivable$86,785$55,180▼ $31,605
Land, Buildings, and Equipment, Net$8,599$6,944▼ $1,655
Prepaid Expenses and Deferred Charges$5,690$1,519▼ $4,171
Total Assets$1,335,603$1,268,664▼ $66,939
Other Assets Total$280,652$260,117▼ $20,535
Liabilities
Accounts Payable and Accrued Expenses$392,659$331,428▼ $61,231
Other Liabilities$284,449$266,318▼ $18,131
Mortgage Notes Payable Secured by Investment Property$150,000$148,392▼ $1,608
Deferred Revenue$47,680$80,306▲ $32,626
Total Liabilities$874,788$826,444▼ $48,344
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$460,815$442,220▼ $18,595
Total Net Assets Fund Balance$460,815$442,220▼ $18,595
Total Liabilities and Net Assets / Fund Balance$1,335,603$1,268,664▼ $66,939

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$340$76,072$76,412
Other Land Buildings$6,604$27,258$33,862
Other Assets Org$260,117--
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meme YanetskoCOO (former)FT$77,538$7,950$85,488

Board Members and Trustees

NameTitle
Jason CrisafulliPresident
Andrew CayaVice President
Andy CooperDirector
Anthony EvansDirector
Genelle MorrisDirector
John MulryanDirector
Kelly PatroneDirector
Paula BernsteinDirector
Paula SnyderDirector
Rob DefazioDirector
Steve JacksonDirector
Steve PokrzykDirector
Terry BrairtonDirector
Tim SmithDirector
William AielloDirector
Adam JesterInterim Executive Director
Shavonne HendersonSecretary
Richard YaegerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$116,296
Program Service Revenue
$365,639
Investment Income
$18,481
Other Revenue
$-3,095
Change in Net Assets
$-18,595

Audited Revenue Reconciliation

Revenue per Audited Statements
$497,321
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,539
Total Revenue per Audited Statements
$511,860
Total Revenue per Form 990
$497,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$292,309
Salaries, Compensation, and Employee Benefits$217,355
Grants and Similar Amounts Paid$6,252
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$107,262
Current Officers, Directors, Trustees, and Key Employees---$77,538
Advertising---$57,091
Occupancy---$24,000
Office Expenses---$23,855
Fees for Services Accounting---$22,218
Other Employee Benefits---$15,627
Payroll Taxes---$13,917
Interest---$12,262
Grants to Domestic Orgs---$6,252
Insurance---$4,349
Pension Plan Contributions---$3,011
Depreciation Depletion---$1,655
Other Expenses---$900
Travel---$426
Total Functional Expenses$0$0$0$515,916

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$530,455
Expenses per Audited Statements$515,916
Total Expenses per Form 990$515,916
Expenses Not Reported on Form 990$14,539
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
Lease Liability$266,318
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Jason Crisafulli
Title
President
Phone
7163721620
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Crisafulli
Formed
1906
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
6
Volunteers
0

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

Additional Explanations

Form 990, Part X, Line 17

“During the year ended december 31, 2022, the chamber adopted a policy that gift certificates issued prior to december 31, 2017 would expire effective december 31, 2022 and gift certificates issues subsequent to january 1, 2018 will have a five year experation date.”

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 health 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 2020 and later years.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Line 10b direct expenses from page 9 part viii 14,539.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Line 10b direct expenses from part viii 14,539.”

Raw XML AppendixShowing 400 of 507 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/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt0116296
IRS990/GrantsToDomesticOrgsGrp/TotalAmt06252
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0511860
IRS990/GrossSalesOfInventoryAmt011444
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt04349
IRS990/InterestGrp/TotalAmt012262
IRS990/InvestmentIncomeGrp/ExclusionAmt018481
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018481
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0103330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08599
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06944
IRS990/LandBldgEquipCostOrOtherBssAmt0110274
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt0150000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0148392
IRS990/NetAssetsOrFundBalancesBOYAmt0460815
IRS990/NetAssetsOrFundBalancesEOYAmt0442220
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-3095
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-3095
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0460815
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0442220
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt024000
IRS990/OfficeExpensesGrp/TotalAmt023855
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0280652
IRS990/OtherAssetsTotalGrp/EOYAmt0260117
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015627
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt0128993
IRS990/OtherExpensesGrp/TotalAmt116560
IRS990/OtherExpensesGrp/TotalAmt2900
IRS990/OtherLiabilitiesGrp/BOYAmt0284449
IRS990/OtherLiabilitiesGrp/EOYAmt0266318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0107262
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt013917
IRS990/PensionPlanContributionsGrp/TotalAmt03011
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05690
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01519
IRS990/PrincipalOfficerNm0JASON CRISAFULLI
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/RelatedOrExemptFuncIncomeAmt0198131
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1123608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198131
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1123608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32925
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02925
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/PYContributionsGrantsAmt0174028
IRS990/PYGrantsAndSimilarPaidAmt05821
IRS990/PYInvestmentIncomeAmt02030
IRS990/PYOtherExpensesAmt0293758
IRS990/PYOtherRevenueAmt01453
IRS990/PYProgramServiceRevenueAmt0471977
IRS990/PYRevenuesLessExpensesAmt0156445
IRS990/PYSalariesCompEmpBnftPaidAmt0193464
IRS990/PYTotalExpensesAmt0493043
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0649488
IRS990/ReconcilationRevenueExpnssAmt0-18595
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0744244
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0712458
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/BookValueAmt0340
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076072
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076412
IRS990ScheduleD/ExpensesNotReportedAmt014539
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0515916
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0260117
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT-OF-USE ASSET, NET
IRS990ScheduleD/OtherExpensesIncludedAmt014539
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06604
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027258
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266318
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/OtherRevenueAmt014539
IRS990ScheduleD/RevenueNotReportedAmt014539
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0497321
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 HEALTH 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 2020 AND LATER YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LINE 10B DIRECT EXPENSES FROM PAGE 9 PART VIII 14,539.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LINE 10B DIRECT EXPENSES FROM PART VIII 14,539.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06944
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0260117
IRS990ScheduleD/TotalExpensesPerForm990Amt0515916
IRS990ScheduleD/TotalLiabilityAmt0266318
IRS990ScheduleD/TotalRevenuePerForm990Amt0497321
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0511860
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0530455
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/ExplanationTxt2DURING THE YEAR ENDED DECEMBER 31, 2022, THE CHAMBER ADOPTED A POLICY THAT GIFT CERTIFICATES ISSUED PRIOR TO DECEMBER 31, 2017 WOULD EXPIRE EFFECTIVE DECEMBER 31, 2022 AND GIFT CERTIFICATES ISSUES SUBSEQUENT TO JANUARY 1, 2018 WILL HAVE A FIVE YEAR EXPERATION DATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART X, LINE 17
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

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,268,664
Liabilities
$826,444
Net assets
$442,220
Revenue
$497,321
Expenses
$515,916
Net income
-$18,595
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
2023Detailed filing. Detailed filing data is available for this year.$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