Civic Intelligence

The Victor Local Development Corporation

EIN 16-1610973 • 501(c)4 • Victor, NY

Profile

The mission of the Victor LDC is to conduct activities that will relieve and reduce unemployment, promote and provide for additional and maximum employment; better and maintain job opportunities, assist individuals to improve or develop their capabilities for jobs, carry on scientific research for the purpose of aiding the community or geographic area by attracting industry to the community and lessening the burdens of government and acting in the public interest.

85 East Main StreetVictor, NY 14564

victorldc.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.63x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

7.88x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-14%

Higher net margin than 26% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

164%

Faster asset growth than 98% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

-5.0%

Faster revenue growth than 41% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$474,972

Up $294,730 (+164%) from 2023

Liabilities

$300,000

No earlier filing loaded for comparison.

Net Assets

Down

$174,972

Down $5,270 (-2.9%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin26th percentile

Revenue

Down

$38,064

Down $2,012 (-5.0%) from 2023

Expenses

Up

$43,334

Up $14,309 (+49%) from 2023

Net Income

Down

-$5,270

Down $16,321 (-148%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$600K$400K$200K$0Assets 2011: $200,030Liabilities 2011: $6,2042011Assets 2012: $169,845Liabilities 2012: $02012Assets 2013: $358,074Liabilities 2013: $185,6602013Assets 2014: $172,291Liabilities 2014: $790Net Assets 2014: $171,5012014Assets 2015: $230,686Liabilities 2015: $53,357Net Assets 2015: $177,3292015Assets 2016: $228,584Liabilities 2016: $50,014Net Assets 2016: $178,5702016Assets 2017: $205,118Liabilities 2017: $45,122Net Assets 2017: $159,9962017Assets 2018: $187,871Liabilities 2018: $33,868Net Assets 2018: $154,0032018Assets 2019: $162,759Liabilities 2019: $23,242Net Assets 2019: $139,5172019Assets 2020: $166,308Liabilities 2020: $14,220Net Assets 2020: $152,0882020Assets 2021: $151,431Liabilities 2021: $3,024Net Assets 2021: $148,4072021Assets 2022: $169,191Net Assets 2022: $169,1912022Assets 2023: $180,242Net Assets 2023: $180,2422023Assets 2024: $474,972Liabilities 2024: $300,000Net Assets 2024: $174,9722024

Highlighted filing

2024

Assets$474,972
Liabilities$300,000
Net Assets$174,972
Open 2024 Filing

Operations Trend

Revenue Growth41st percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $67,238Expenses 2011: $79,193Net Income 2011: -$11,9552011Revenue 2012: $63,137Expenses 2012: $87,118Net Income 2012: -$23,9812012Revenue 2013: $89,383Expenses 2013: $86,814Net Income 2013: $2,5692013Revenue 2014: $97,008Expenses 2014: $97,922Net Income 2014: -$9142014Revenue 2015: $143,914Expenses 2015: $138,086Net Income 2015: $5,8282015Revenue 2016: $46,570Expenses 2016: $45,329Net Income 2016: $1,2412016Revenue 2017: $52,394Expenses 2017: $70,968Net Income 2017: -$18,5742017Revenue 2018: $60,748Expenses 2018: $66,741Net Income 2018: -$5,9932018Revenue 2019: $405,925Expenses 2019: $420,411Net Income 2019: -$14,4862019Revenue 2020: $175,654Expenses 2020: $163,083Net Income 2020: $12,5712020Revenue 2021: $23,806Expenses 2021: $27,487Net Income 2021: -$3,6812021Revenue 2022: $42,307Expenses 2022: $21,523Net Income 2022: $20,7842022Revenue 2023: $40,076Expenses 2023: $29,025Net Income 2023: $11,0512023Revenue 2024: $38,064Expenses 2024: $43,334Net Income 2024: -$5,2702024

Highlighted filing

2024

Revenue$38,064
Expenses$43,334
Net Income-$5,270
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$474,972
Liabilities
$300,000
Net assets
$174,972
Revenue
$38,064
Expenses
$43,334
Net income
-$5,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.75$3.00$1.75$0.38$0.43$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.80$1.80$0.40$0.29$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.69$1.69$0.42$0.22$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.03$1.48$0.24$0.27$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.14$1.52$1.76$1.63$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.63$0.23$1.40$4.06$4.20$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.34$1.54$0.61$0.67$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.05$0.45$1.60$0.52$0.71$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.29$0.50$1.79$0.47$0.45$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.53$1.77$1.44$1.38$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.01$1.72$0.97$0.98$0.01
2013Summary only. Only limited summary data is available for this year.$3.58$1.86$0.89$0.87$0.03
2012Summary only. Only limited summary data is available for this year.$1.70$0.00$0.63$0.87$0.24
2011Summary only. Only limited summary data is available for this year.$2.00$0.06$0.67$0.79$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$38,064
Mission and Program Overview

Mission

The mission of the Victor LDC is to conduct activities that will relieve and reduce unemployment, promote and provide for additional and maximum employment; better and maintain job opportunities, assist individuals to improve or develop their capabilities for jobs, carry on scientific research for the purpose of aiding the community or geographic area by attracting industry to the community and lessening the burdens of government and acting in the public interest.

Program Services

DescriptionGrantsExpenses
Downtown revitalization and economic development--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe CorsiDirector-$0--
Liz BiehlerPresident-$0--
Alyssa CorbettVice President-$0--
Mike GuinanDirector-$0--
Brett OwenDirector-$0--
Kathleen RayburnExec DirectorFT$0--
Kevin OvertonDirector-$0--
Tedd Rund JrDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Victor Local Development Corporation
EIN
16-1610973
Phone
5857425073
Address
85 EAST MAIN STREET, VICTOR, NY 14564

Signing Officer

Name
Kathleen Rayburn
Title
Executive Director
Signed
2025-05-19
Discuss with paid preparer
Yes

Preparer

Firm
University Accounting & Tax Service
Address
635 Mendon Ionia Rd, Honeoye Falls, NY 14472
Preparer
Debra A Caccamise
Phone
5859248170
Supplemental Narrative

Additional Explanations

Other Expenses.1005

“Travel $353”

Other Expenses.1012

“Insurance $1723”

Other Expenses.1

“Business events $23558”

Other Expenses.2

“Business miscellaneous expense $5039”

Other Expenses.3

“Marketing-advertising $1381”

Other Expenses.4

“Business recruitment $303”

Other Expenses.6

“Dues and subscriptions $129”

Other Assets.1005

“Accounts Receivable - Beginning $22344 Accounts Receivable - Ending $3828”

Other Assets.1009

“Notes and Loans Receivable - Beginning $32722 Notes and Loans Receivable - Ending $30792”

Total Liabilities.1

“Ontario County EDC - Beginning $0 Ontario County EDC - Ending $300000”

Raw XML Appendix151 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0KATHY RAYBURN
IRS990EZ/BooksInCareOfDetail/PhoneNum05857425073
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt085 EAST MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VICTOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014564
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0125176
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0440352
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IRS990EZ/ContributionsGiftsGrantsEtcAmt038064
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5270
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010142
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0180242
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt038064
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0Modified Accr
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0180242
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0174972
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0180242
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0174972
IRS990EZ/OccupancyRentUtltsAndMaintAmt0553
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt540.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joe Corsi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Liz Biehler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Alyssa Corbett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mike Guinan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Brett Owen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Kathleen Rayburn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Kevin Overton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Tedd Rund Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Exec Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055066
IRS990EZ/OtherAssetsTotalDetail/EOYAmt034620
IRS990EZ/OtherExpensesTotalAmt032486
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The mission of the Victor LDC is to conduct activities that will relieve and reduce unemployment, promote and provide for additional and maximum employment; better and maintain job opportunities, assist individuals to improve or develop their capabilities for jobs, carry on scientific research for the purpose of aiding the community or geographic area by attracting industry to the community and lessening the burdens of government and acting in the public interest.
IRS990EZ/PrintingPublicationsPostageAmt0153
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Downtown revitalization and economic development
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0300000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt043334
IRS990EZ/TotalRevenueAmt038064
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VICTORLDC.ORG
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Business events $23558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Business miscellaneous expense $5039
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Marketing-advertising $1381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Business recruitment $303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues and subscriptions $129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable - Beginning $22344 Accounts Receivable - Ending $3828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Notes and Loans Receivable - Beginning $32722 Notes and Loans Receivable - Ending $30792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Ontario County EDC - Beginning $0 Ontario County EDC - Ending $300000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kathleen Rayburn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VICTOR LOCAL DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0161610973
ReturnHeader/Filer/PhoneNum05857425073
ReturnHeader/Filer/USAddress/AddressLine1Txt085 EAST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0VICTOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014564
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204073555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0University Accounting & Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0635 Mendon Ionia Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Honeoye Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014472
ReturnHeader/PreparerPersonGrp/PhoneNum05859248170
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Debra A Caccamise
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-19T11:17:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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