Civic Intelligence

Genesee Gateway Local Development Corporation

990 • Fiscal year 2021 • EIN 33-1101375

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileWWW.GCEDC.COM
99 Medtech Drive 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

54th percentile

0.34x

Higher debt load relative to assets than 54% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

4.65x

Higher debt load relative to revenue than 79% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Net Margin

4th percentile

-71%

Higher net margin than 4% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Asset Growth

10th percentile

-6.3%

Faster asset growth than 10% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$15,171,865

Down $1,019,230 (-6.3%) from 2020

Net Assets

Down

$10,036,099

Down $789,658 (-7.3%) from 2020

Liabilities

Down

$5,135,766

Down $229,572 (-4.3%) from 2020

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin4th percentile

Revenue

Down

$1,105,058

Down $934,667 (-46%) from 2020

Expenses

Up

$1,894,716

Up $266,648 (+16%) from 2020

Net Income

Down

-$789,658

Down $1,201,315 (-292%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2021

Assets$15,171,865
Liabilities$5,135,766
Net Assets$10,036,099
Open 2021 Filing

Operations Trend

Revenue Growth6th 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

2021

Revenue$1,105,058
Expenses$1,894,716
Net Income-$789,658
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$2,473,079
Mission and Program Overview

Mission

To promote economic development initiatives in genesee county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,292,070$5,095,660▼ $196,410
Savings and Temporary Cash Investments$3,694,449$5,001,236▲ $1,306,787
Other Notes and Loans Receivable, Net$1,078,876$939,976▼ $138,900
Receivables From Officers Etc$121,780$106,311▼ $15,469
Cash and Non-Interest-Bearing Accounts$15,304$79,092▲ $63,788
Pledges and Grants Receivable$30,406$34,980▲ $4,574
Prepaid Expenses and Deferred Charges$872$10,439▲ $9,567
Accounts Receivable$8,290$8,074▼ $216
Total Assets$16,191,095$15,171,865▼ $1,019,230
Other Assets Total$5,949,048$3,896,097▼ $2,052,951
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,168,825$4,922,972▼ $245,853
Escrow Account Liability$109,944$109,944→ $0
Deferred Revenue$39,255$56,571▲ $17,316
Accounts Payable and Accrued Expenses$47,314$46,279▼ $1,035
Total Liabilities$5,365,338$5,135,766▼ $229,572
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,299,634$9,387,751▼ $911,883
Net Assets With Donor Restrictions$526,123$648,348▲ $122,225
Total Net Assets Fund Balance$10,825,757$10,036,099▼ $789,658
Total Liabilities and Net Assets / Fund Balance$16,191,095$15,171,865▼ $1,019,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,896,696$2,115,224$7,011,920
Land$190,200-$190,200
Equipment$8,764$37,835$46,599
Other Assets Org$3,896,097--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$172,575
Program Service Revenue
$773,453
Investment Income
$157,289
Other Revenue
$1,741
All Other Contributions
$154,075
Change in Net Assets
$-789,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,105,058
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,105,058
Total Revenue per Form 990
$1,105,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$958,145
Other Expenses$936,571
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$958,145--$958,145
Depreciation Depletion$196,410--$196,410
Interest$167,565--$167,565
Fees for Services Management$83,388--$83,388
Fees for Services Other$52,004--$52,004
Insurance$26,818--$26,818
Other Expenses$17,721--$17,721
Occupancy$16,335--$16,335
All Other Expenses$1,088--$1,088
Total Functional Expenses$1,894,716$0$0$1,894,716

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,894,716
Total Expenses per Audited Statements$1,894,716
Total Expenses per Form 990$1,894,716
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Genesee Valley BocesLeroy, NY-Workforce Development Grant to Acquire Equipment to Provide Mechatronics Training Services$658,145
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$121,780$106,311▼ $15,469
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 2021 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 106, BATAVIA, NY 14020-9712

Signing Officer

Name
Donald Cunningham
Title
President
Phone
5853434866
Signed
2022-11-14
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, 2021.”

Financial Statement Notes

PART IV, LINE 2B:

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

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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt016335
IRS990/OccupancyGrp/TotalAmt016335
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05949048
IRS990/OtherAssetsTotalGrp/EOYAmt03896097
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SITE DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1SITE MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3SPECIAL DISTRICT FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt0281906
IRS990/OtherExpensesGrp/ProgramServicesAmt168026
IRS990/OtherExpensesGrp/ProgramServicesAmt225310
IRS990/OtherExpensesGrp/ProgramServicesAmt317721
IRS990/OtherExpensesGrp/TotalAmt0281906
IRS990/OtherExpensesGrp/TotalAmt168026
IRS990/OtherExpensesGrp/TotalAmt225310
IRS990/OtherExpensesGrp/TotalAmt317721
IRS990/OtherRevenueMiscGrp/BusinessCd0900000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01741
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01741
IRS990/OtherRevenueTotalAmt01741
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01078876
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0939976
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030406
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt034980
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0872
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010439
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/RelatedOrExemptFuncIncomeAmt0739810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0739810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29768
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0425175
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0300000
IRS990/PYInvestmentIncomeAmt0770027
IRS990/PYOtherExpensesAmt01328068
IRS990/PYOtherRevenueAmt094752
IRS990/PYProgramServiceRevenueAmt0749771
IRS990/PYRevenuesLessExpensesAmt0411657
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01628068
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02039725
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0121780
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0106311
IRS990/ReconcilationRevenueExpnssAmt0-789658
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0775194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03694449
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05001236
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 31,543. 2018 AMOUNT: $ 265. 2019 AMOUNT: $ 1,617. 2020 AMOUNT: $ 94,752. 2021 AMOUNT: $ 1,741.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0172575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0425175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0812775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01385286
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0312668
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03108479
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010959
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09646
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07779
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt056800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt056800
IRS990ScheduleA/InvestmentIncomeCYPct00.01720
IRS990ScheduleA/InvestmentIncomePYPct00.01480
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01741
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt094752
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01617
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0265
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt031543
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0129918
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94330
IRS990ScheduleA/PublicSupportPY509Pct00.95480
IRS990ScheduleA/PublicSupportTotal509Amt03108479
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0172575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0425175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0812775
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01385286
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0312668
IRS990ScheduleA/Total509Grp/TotalAmt03108479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0178626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0530886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0838498
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01395197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0351990
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03295197
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/BookValueAmt04896696
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02115224
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07011920
IRS990ScheduleD/EquipmentGrp/BookValueAmt08764
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037835
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046599
IRS990ScheduleD/ExpensesIncurredEnforcementAmt03000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01894716
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0190200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0190200
IRS990ScheduleD/ModifiedEasementsCnt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03896097
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT AND RESALE
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01105058
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/TotalBookValueLandBuildingsAmt05095660
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03896097
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalExpensesPerForm990Amt01894716
IRS990ScheduleD/TotalRevenuePerForm990Amt01105058
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01105058
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01894716
IRS990ScheduleD/WrittenPolicyMonitoringInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0300000
IRS990ScheduleI/RecipientTable/CashGrantAmt1658145
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT CONTINUATION OF THE ECONOMIC DEVELOPMENT PROGRAM AND DEVELOPMENT OF WNY STAMP PROJECT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1WORKFORCE DEVELOPMENT GRANT TO ACQUIRE EQUIPMENT TO PROVIDE MECHATRONICS TRAINING SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GENESEE COUNTY ECONOMIC DEVELOPMENT CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GENESEE VALLEY BOCES
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt099 MED TECH DRIVE SUITE 106
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt180 MUNSON STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BATAVIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LEROY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0140209712
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd114482

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,171,865
Liabilities
$5,135,766
Net assets
$10,036,099
Revenue
$1,105,058
Expenses
$1,894,716
Net income
-$789,658
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