Civic Intelligence

Genesee Gateway Local Development Corporation

990 • Fiscal year 2020 • EIN 33-1101375

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

Organization ProfileWWW.GCEDC.COM
99 Medtech Drive No 106Batavia, NY 14020-9712

(585) 343-4866

Siviq Scores

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

Liabilities / Assets

60th percentile

0.33x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

2.63x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

32nd percentile

1.4%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

27%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$16,191,095

Up $218,772 (+1.4%) from 2019

Net Assets

Up

$10,825,757

Up $411,657 (+4.0%) from 2019

Liabilities

Down

$5,365,338

Down $192,885 (-3.5%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin77th percentile

Revenue

Up

$2,039,725

Up $431,962 (+27%) from 2019

Expenses

Up

$1,628,068

Up $588,774 (+57%) from 2019

Net Income

Down

$411,657

Down $156,812 (-28%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $17,608,959Liabilities 2010: $9,206,076Net Assets 2010: $8,402,8832010Assets 2011: $19,606,178Liabilities 2011: $9,629,251Net Assets 2011: $9,976,9272011Assets 2012: $19,417,695Liabilities 2012: $10,620,407Net Assets 2012: $8,797,2882012Assets 2013: $18,889,683Liabilities 2013: $9,876,091Net Assets 2013: $9,013,5922013Assets 2014: $17,679,009Liabilities 2014: $8,446,401Net Assets 2014: $9,232,6082014Assets 2015: $16,994,046Liabilities 2015: $7,534,754Net Assets 2015: $9,459,2922015Assets 2016: $16,806,779Liabilities 2016: $6,724,983Net Assets 2016: $10,081,7962016Assets 2017: $16,365,597Liabilities 2017: $6,325,675Net Assets 2017: $10,039,9222017Assets 2018: $16,369,389Liabilities 2018: $6,523,758Net Assets 2018: $9,845,6312018Assets 2019: $15,972,323Liabilities 2019: $5,558,223Net Assets 2019: $10,414,1002019Assets 2020: $16,191,095Liabilities 2020: $5,365,338Net Assets 2020: $10,825,7572020Assets 2021: $15,171,865Liabilities 2021: $5,135,766Net Assets 2021: $10,036,0992021Assets 2022: $18,680,179Liabilities 2022: $7,936,712Net Assets 2022: $10,743,4672022Assets 2023: $18,814,801Liabilities 2023: $7,101,446Net Assets 2023: $11,713,3552023Assets 2024: $18,360,758Liabilities 2024: $6,132,888Net Assets 2024: $12,227,8702024

Highlighted filing

2020

Assets$16,191,095
Liabilities$5,365,338
Net Assets$10,825,757
Open 2020 Filing

Operations Trend

Revenue Growth82nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,283,0422010Expenses 2011: $1,713,2042011Expenses 2012: $5,951,9722012Revenue 2013: $2,896,836Expenses 2013: $2,635,025Net Income 2013: $261,8112013Revenue 2014: $2,312,377Expenses 2014: $2,093,361Net Income 2014: $219,0162014Revenue 2015: $1,952,278Expenses 2015: $1,725,594Net Income 2015: $226,6842015Revenue 2016: $1,882,008Expenses 2016: $1,259,504Net Income 2016: $622,5042016Revenue 2017: $1,067,945Expenses 2017: $1,109,819Net Income 2017: -$41,8742017Revenue 2018: $2,159,683Expenses 2018: $2,353,974Net Income 2018: -$194,2912018Revenue 2019: $1,607,763Expenses 2019: $1,039,294Net Income 2019: $568,4692019Revenue 2020: $2,039,725Expenses 2020: $1,628,068Net Income 2020: $411,6572020Revenue 2021: $1,105,058Expenses 2021: $1,894,716Net Income 2021: -$789,6582021Revenue 2022: $3,383,567Expenses 2022: $2,676,199Net Income 2022: $707,3682022Revenue 2023: $2,660,350Expenses 2023: $1,690,462Net Income 2023: $969,8882023Revenue 2024: $2,189,370Expenses 2024: $1,674,855Net Income 2024: $514,5152024

Highlighted filing

2020

Revenue$2,039,725
Expenses$1,628,068
Net Income$411,657
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.1
Gross Receipts
$2,744,315
Mission and Program Overview

Mission

To promote economic development initiatives in genesee county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,485,476$5,292,070▼ $193,406
Savings and Temporary Cash Investments$2,643,451$3,694,449▲ $1,050,998
Other Notes and Loans Receivable, Net$1,073,277$1,078,876▲ $5,599
Receivables From Officers Etc$133,042$121,780▼ $11,262
Pledges and Grants Receivable$4,646$30,406▲ $25,760
Cash and Non-Interest-Bearing Accounts$20,125$15,304▼ $4,821
Accounts Receivable$69$8,290▲ $8,221
Prepaid Expenses and Deferred Charges$872$872→ $0
Total Assets$15,972,323$16,191,095▲ $218,772
Other Assets Total$6,611,365$5,949,048▼ $662,317
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,383,751$5,168,825▼ $214,926
Escrow Account Liability$108,680$109,944▲ $1,264
Accounts Payable and Accrued Expenses$20,135$47,314▲ $27,179
Deferred Revenue$45,657$39,255▼ $6,402
Total Liabilities$5,558,223$5,365,338▼ $192,885
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,377,749$10,299,634▲ $921,885
Net Assets With Donor Restrictions$1,036,351$526,123▼ $510,228
Total Net Assets Fund Balance$10,414,100$10,825,757▲ $411,657
Total Liabilities and Net Assets / Fund Balance$15,972,323$16,191,095▲ $218,772

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,089,351$1,922,569$7,011,920
Land$190,200-$190,200
Equipment$12,519$34,080$46,599
Other Assets Org$5,949,048--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Donald CunninghamChairman
Thomas FeltonVice Chairman
Craig YunkerDirector
Mary Ann WiaterDirector
Paul BattagliaDirector
Peter ZeliffDirector
Todd BenderDirector
Sarah Noble-moagSecretary
Gregg TorreyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$425,175
Program Service Revenue
$749,771
Investment Income
$770,027
Other Revenue
$94,752
All Other Contributions
$194,965
Change in Net Assets
$411,657

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,039,725
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,039,725
Total Revenue per Form 990
$2,039,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,328,068
Grants and Similar Amounts Paid$300,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$300,000--$300,000
Interest$224,253--$224,253
Depreciation Depletion$196,405--$196,405
Fees for Services Management$80,483--$80,483
Fees for Services Other$62,875--$62,875
Insurance$23,697--$23,697
Occupancy$15,476--$15,476
Other Expenses$14,303--$14,303
Office Expenses$952--$952
All Other Expenses$74--$74
Total Functional Expenses$1,628,068$0$0$1,628,068

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,628,068
Total Expenses per Audited Statements$1,628,068
Total Expenses per Form 990$1,628,068
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Genesee County Economic Development CenterBatavia, NY-Support Continuation of the Economic Development Program and Development of Wny Stamp Project.$300,000
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$133,042$121,780▼ $11,262
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AGenesee County Funding Corporation2010-09-03$2,821,905To finance acqusition and construction of med tech project.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,821,905---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The 2020 board vice chair, thomas felton, is an employee of bank of castile. Board directors, paul battaglia and craig yunker, also sit on the bank of castile board of directors.”

Form 990, Part VI, Section A, Line 6

“The genesee county economic development corporation is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“There are 4 members on the genesee gateway local development corporation board that are also genesee county economic development center board members. The genesee county economic development center board appoints the genesee gateway local development corporation board members.”

Form 990, Part VI, Section A, Line 7B

“The genesee county economic development center appoints genesee gateway local development corporation board members and has the authority to remove board members.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The policy is monitored by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Documents are either available on the guidestar website or upon request.”

Filing and Contact Details

Filer

Filer Name
Genesee Gateway Local Development
EIN
33-1101375
Phone
5853434866
Address
99 MEDTECH DRIVE NO 106, BATAVIA, NY 14020-9712

Signing Officer

Name
Donald Cunningham
Title
President
Phone
5853434866
Signed
2021-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Cunningham
Formed
2004
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Freed Maxick Cpas Pc
Address
ONE EVANS STREET, BATAVIA, NY 14020-3110
Preparer
Nicole M White
Phone
5853441967
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“No changes have occurred in the audit oversight or independent accountant selection during year ended december 31, 2020.”

Financial Statement Notes

PART IV, LINE 2B:

“The genesee gateway local development corp holds $109,944 in security deposits for med tech centre leases.”

Raw XML AppendixShowing 400 of 610 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/BOYAmt020135
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt047314
IRS990/AccountsReceivableGrp/BOYAmt069
IRS990/AccountsReceivableGrp/EOYAmt08290
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT INITIATIVES IN GENESEE COUNTY.
IRS990/AllOtherContributionsAmt0194965
IRS990/AllOtherExpensesGrp/ProgramServicesAmt074
IRS990/AllOtherExpensesGrp/TotalAmt074
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0LEZLIE FARRELL
IRS990/BooksInCareOfDetail/PhoneNum05853434866
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt099 MED TECH DRIVE SUITE 106
IRS990/BooksInCareOfDetail/USAddress/CityNm0BATAVIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0140209712
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt020125
IRS990/CashNonInterestBearingGrp/EOYAmt015304
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd01
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0425175
IRS990/CYGrantsAndSimilarPaidAmt0300000
IRS990/CYInvestmentIncomeAmt0770027
IRS990/CYOtherExpensesAmt01328068
IRS990/CYOtherRevenueAmt094752
IRS990/CYProgramServiceRevenueAmt0749771
IRS990/CYRevenuesLessExpensesAmt0411657
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01628068
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02039725
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt045657
IRS990/DeferredRevenueGrp/EOYAmt039255
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0196405
IRS990/DepreciationDepletionGrp/TotalAmt0196405
IRS990/Desc0DEVELOPMENT OF REAL PROPERTY TO ENCOURAGE ECONOMIC GROWTH IN GENESEE COUNTY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01036351
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0526123
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0108680
IRS990/EscrowAccountLiabilityGrp/EOYAmt0109944
IRS990/ExpenseAmt01628068
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt080483
IRS990/FeesForServicesManagementGrp/TotalAmt080483
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt062875
IRS990/FeesForServicesOtherGrp/TotalAmt062875
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0DONALD CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS FELTON
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH NOBLE-MOAG
IRS990/Form990PartVIISectionAGrp/PersonNm3GREGG TORREY
IRS990/Form990PartVIISectionAGrp/PersonNm4TODD BENDER
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL BATTAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY ANN WIATER
IRS990/Form990PartVIISectionAGrp/PersonNm7CRAIG YUNKER
IRS990/Form990PartVIISectionAGrp/PersonNm8PETER ZELIFF
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/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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0759068
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0230210
IRS990/GrantAmt0300000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0300000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0300000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01463658
IRS990/GrossReceiptsAmt02744315
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023697
IRS990/InsuranceGrp/TotalAmt023697
IRS990/InterestGrp/ProgramServicesAmt0224253
IRS990/InterestGrp/TotalAmt0224253
IRS990/InvestmentIncomeGrp/ExclusionAmt010959
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010959
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01956649
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05485476
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05292070
IRS990/LandBldgEquipCostOrOtherBssAmt07248719
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0704590
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT INITIATIVES IN GENESEE COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05383751
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05168825
IRS990/NetAssetsOrFundBalancesBOYAmt010414100
IRS990/NetAssetsOrFundBalancesEOYAmt010825757
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0759068
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0759068
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09377749
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010299634
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt015476
IRS990/OccupancyGrp/TotalAmt015476
IRS990/OfficeExpensesGrp/ProgramServicesAmt0952
IRS990/OfficeExpensesGrp/TotalAmt0952
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06611365
IRS990/OtherAssetsTotalGrp/EOYAmt05949048
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SITE DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1SITE MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SPECIAL DISTRICT FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0529523
IRS990/OtherExpensesGrp/ProgramServicesAmt1159093
IRS990/OtherExpensesGrp/ProgramServicesAmt220934
IRS990/OtherExpensesGrp/ProgramServicesAmt314303
IRS990/OtherExpensesGrp/TotalAmt0529523
IRS990/OtherExpensesGrp/TotalAmt1159093
IRS990/OtherExpensesGrp/TotalAmt220934
IRS990/OtherExpensesGrp/TotalAmt314303
IRS990/OtherRevenueMiscGrp/BusinessCd0900000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt094752
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt094752
IRS990/OtherRevenueTotalAmt094752
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01073277
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01078876
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04646
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt030406
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0872
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0872
IRS990/PrincipalOfficerNm0DONALD CUNNINGHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900002
IRS990/ProgramServiceRevenueGrp/BusinessCd1900000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0715353
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124018
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0715353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124018
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210400
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0812775
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0300000
IRS990/PYInvestmentIncomeAmt068027
IRS990/PYOtherExpensesAmt0739294
IRS990/PYOtherRevenueAmt01617
IRS990/PYProgramServiceRevenueAmt0725344
IRS990/PYRevenuesLessExpensesAmt0568469
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01039294
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01607763
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0133042
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0121780
IRS990/ReconcilationRevenueExpnssAmt0411657
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0844523
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02643451
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03694449
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 1,865. 2017 AMOUNT: $ 31,543. 2018 AMOUNT: $ 265. 2019 AMOUNT: $ 1,617. 2020 AMOUNT: $ 94,752.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0425175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0812775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01385286
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0312668
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01137481
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04073385
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010959
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09646
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07779
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010477
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt062967
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010477
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt062967
IRS990ScheduleA/InvestmentIncomeCYPct00.01480
IRS990ScheduleA/InvestmentIncomePYPct00.01310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt094752
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01617
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0265
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt031543
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01865
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0130042
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95480
IRS990ScheduleA/PublicSupportPY509Pct00.97710
IRS990ScheduleA/PublicSupportTotal509Amt04073385
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0425175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0812775
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01385286
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0312668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01137481
IRS990ScheduleA/Total509Grp/TotalAmt04073385
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0530886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0838498
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01395197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0351990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01149823
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04266394
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
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05089351
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01922569
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07011920
IRS990ScheduleD/EquipmentGrp/BookValueAmt012519
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034080
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046599
IRS990ScheduleD/ExpensesIncurredEnforcementAmt03000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01628068
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0190200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0190200
IRS990ScheduleD/ModifiedEasementsCnt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05949048
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT AND RESALE
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02039725
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE GENESEE GATEWAY LOCAL DEVELOPMENT CORP HOLDS $109,944 IN SECURITY DEPOSITS FOR MED TECH CENTRE LEASES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalAcreageCnt031.87
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05292070
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05949048
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalExpensesPerForm990Amt01628068
IRS990ScheduleD/TotalRevenuePerForm990Amt02039725
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02039725
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01628068
IRS990ScheduleD/WrittenPolicyMonitoringInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0300000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT CONTINUATION OF THE ECONOMIC DEVELOPMENT PROGRAM AND DEVELOPMENT OF WNY STAMP PROJECT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GENESEE COUNTY ECONOMIC DEVELOPMENT CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0161139027
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt099 MED TECH DRIVE SUITE 106
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BATAVIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0140209712
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00

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
$16,191,095
Liabilities
$5,365,338
Net assets
$10,825,757
Revenue
$2,039,725
Expenses
$1,628,068
Net income
$411,657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.4$6.13$12.2$2.19$1.67$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$7.10$11.7$2.66$1.69$0.97
2022Detailed filing. Detailed filing data is available for this year.$18.7$7.94$10.7$3.38$2.68$0.71
2021Detailed filing. Detailed filing data is available for this year.$15.2$5.14$10.0$1.11$1.89$0.79
2020Detailed filing. Detailed filing data is available for this year.$16.2$5.37$10.8$2.04$1.63$0.41
2019Detailed filing. Detailed filing data is available for this year.$16.0$5.56$10.4$1.61$1.04$0.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$6.52$9.85$2.16$2.35$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$6.33$10.0$1.07$1.11$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$6.72$10.1$1.88$1.26$0.62
2015Detailed filing. Detailed filing data is available for this year.$17.0$7.53$9.46$1.95$1.73$0.23
2014Detailed filing. Detailed filing data is available for this year.$17.7$8.45$9.23$2.31$2.09$0.22
2013Detailed filing. Detailed filing data is available for this year.$18.9$9.88$9.01$2.90$2.64$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$10.6$8.80$5.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$9.63$9.98$1.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$9.21$8.40$1.28