Civic Intelligence

Genesee Gateway Local Development Corporation

990 • Fiscal year 2023 • EIN 33-1101375

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

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

58th percentile

0.38x

Higher debt load relative to assets than 58% of similar nonprofits.

2023 filings • NTEE S • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

2.67x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • NTEE S • $10M-$25M nonprofits • Source year 2023

Net Margin

80th percentile

36%

Higher net margin than 80% of similar nonprofits.

2023 filings • NTEE S • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • NTEE S • $10M-$25M nonprofits • Source year 2023

Asset Growth

35th percentile

0.7%

Faster asset growth than 35% of similar nonprofits.

2023 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$18,814,801

Up $134,622 (+0.7%) from 2022

Net Assets

Up

$11,713,355

Up $969,888 (+9.0%) from 2022

Liabilities

Down

$7,101,446

Down $835,266 (-11%) from 2022

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin80th percentile

Revenue

Down

$2,660,350

Down $723,217 (-21%) from 2022

Expenses

Down

$1,690,462

Down $985,737 (-37%) from 2022

Net Income

Up

$969,888

Up $262,520 (+37%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2023

Assets$18,814,801
Liabilities$7,101,446
Net Assets$11,713,355
Open 2023 Filing

Operations Trend

Revenue Growth17th 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

2023

Revenue$2,660,350
Expenses$1,690,462
Net Income$969,888
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$2,660,350
Mission and Program Overview

Mission

To promote economic development initiatives in genesee county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,538,402$6,317,002▲ $778,600
Land, Buildings, and Equipment, Net$4,900,556$4,752,955▼ $147,601
Other Notes and Loans Receivable, Net$4,578,713$3,854,973▼ $723,740
Investments Other Securities$0$275,000▲ $275,000
Receivables From Officers Etc$90,308$73,752▼ $16,556
Pledges and Grants Receivable$34,325$0▼ $34,325
Accounts Receivable$9,043$15,520▲ $6,477
Prepaid Expenses and Deferred Charges$4,088$3,335▼ $753
Cash and Non-Interest-Bearing Accounts$2,780$300▼ $2,480
Total Assets$18,680,179$18,814,801▲ $134,622
Other Assets Total$3,521,964$3,521,964→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,683,272$4,428,676▼ $254,596
Other Liabilities$3,056,599$2,502,426▼ $554,173
Escrow Account Liability$109,944$109,944→ $0
Accounts Payable and Accrued Expenses$45,963$58,627▲ $12,664
Deferred Revenue$40,934$1,773▼ $39,161
Total Liabilities$7,936,712$7,101,446▼ $835,266
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,956,904$10,714,301▲ $757,397
Net Assets With Donor Restrictions$786,563$999,054▲ $212,491
Total Net Assets Fund Balance$10,743,467$11,713,355▲ $969,888
Total Liabilities and Net Assets / Fund Balance$18,680,179$18,814,801▲ $134,622

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,749,725$2,498,895$7,248,620
Equipment$3,230$43,369$46,599
Other Assets Org$3,521,964--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Donald CunninghamChairman
Jonathan TretterVice Chairman
Craig YunkerDirector
Marianne ClattenburgDirector
Mark BrooksDirector
Paul BattagliaDirector
Peter ZeliffDirector
Sarah Noble-moagSecretary
Gregg TorreyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,617,660
Program Service Revenue
$847,836
Investment Income
$173,939
Other Revenue
$20,915
All Other Contributions
$1,097,228
Change in Net Assets
$969,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,660,350
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,660,350
Total Revenue per Form 990
$2,660,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$979,703
Other Expenses$710,759
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$979,703--$979,703
Depreciation Depletion$194,101--$194,101
Interest$152,021--$152,021
Fees for Services Management$87,146--$87,146
Fees for Services Other$69,587--$69,587
Insurance$59,944--$59,944
Occupancy$17,434--$17,434
Other Expenses$779--$779
All Other Expenses$378--$378
Total Functional Expenses$1,690,462$0$0$1,690,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,690,462
Total Expenses per Audited Statements$1,690,462
Total Expenses per Form 990$1,690,462
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. and Seed Funding for the Batavia Home Fund.$400,000
Glow YmcaBatavia, NY-Economic Development$100,000
Applied Business Systems IncBatavia, NY-Economic Development$75,000
Pinnacle ManufacturingBatavia, NY-Economic Development$75,000
Miss Batavia Diner LLCBatavia, NY-Economic Development$50,000
R&d Industries IncBatavia, NY-Economic Development$50,000
Beyondriven FitnessLeroy, NY-Economic Development$25,000
Cabbage Cab LLCElba, NY-Economic Development$25,000
Green Hippo TeesBatavia, NY-Economic Development$25,000
KIBLER'S HARVESTER LLCBatavia, NY-Economic Development$25,000
Mca Gymnastics IncByron, NY-Economic Development$25,000
Silver Fox FitnessBatavia, NY-Economic Development$25,000
Sterling Tents & Awnings IncBatavia, NY-Economic Development$25,000
The BatavianBatavia, NY-Economic Development$25,000
Empire HempBatavia, NY-Economic Development$15,000
The Spa at Artemis LLCBatavia, NY-Economic Development$7,000
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$90,308$73,752▼ $16,556
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflow - Leases$2,482,426
Customer Deposit$20,000

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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Director, mark brooks, is an employee at tompkins bank. Board directors, paul battaglia and craig yunker, also sit on the tompkins bank board of directors. Vice chairman, jonathan tretter, serves as the independent cpa to peter zeliff, paul battaglia, and liberty pumps where don cunningham is an employee.”

Form 990, Part VI, Section A, Line 6

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

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

“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 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 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
Chariman
Phone
5853434866
Signed
2024-11-13
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, 2023.”

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 790 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/BOYAmt045963
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058627
IRS990/AccountsReceivableGrp/BOYAmt09043
IRS990/AccountsReceivableGrp/EOYAmt015520
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT INITIATIVES IN GENESEE COUNTY.
IRS990/AllOtherContributionsAmt01097228
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0378
IRS990/AllOtherExpensesGrp/TotalAmt0378
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/BOYAmt02780
IRS990/CashNonInterestBearingGrp/EOYAmt0300
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd01
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01617660
IRS990/CYGrantsAndSimilarPaidAmt0979703
IRS990/CYInvestmentIncomeAmt0173939
IRS990/CYOtherExpensesAmt0710759
IRS990/CYOtherRevenueAmt020915
IRS990/CYProgramServiceRevenueAmt0847836
IRS990/CYRevenuesLessExpensesAmt0969888
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01690462
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02660350
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt040934
IRS990/DeferredRevenueGrp/EOYAmt01773
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0194101
IRS990/DepreciationDepletionGrp/TotalAmt0194101
IRS990/Desc0DEVELOPMENT OF REAL PROPERTY TO ENCOURAGE ECONOMIC GROWTH IN GENESEE COUNTY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0786563
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0999054
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0109944
IRS990/EscrowAccountLiabilityGrp/EOYAmt0109944
IRS990/ExpenseAmt01690462
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt087146
IRS990/FeesForServicesManagementGrp/TotalAmt087146
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt069587
IRS990/FeesForServicesOtherGrp/TotalAmt069587
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/PersonNm1JONATHAN TRETTER
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH NOBLE-MOAG
IRS990/Form990PartVIISectionAGrp/PersonNm3GREGG TORREY
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL BATTAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm5CRAIG YUNKER
IRS990/Form990PartVIISectionAGrp/PersonNm6PETER ZELIFF
IRS990/Form990PartVIISectionAGrp/PersonNm7MARIANNE CLATTENBURG
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK BROOKS
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/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0520432
IRS990/GrantAmt0979703
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0979703
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0979703
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt02660350
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt059944
IRS990/InsuranceGrp/TotalAmt059944
IRS990/InterestGrp/ProgramServicesAmt0152021
IRS990/InterestGrp/TotalAmt0152021
IRS990/InvestmentIncomeGrp/ExclusionAmt0173939
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0173939
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0275000
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02542264
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04900556
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04752955
IRS990/LandBldgEquipCostOrOtherBssAmt07295219
IRS990/LegalDomicileStateCd0NY
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/BOYAmt04683272
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04428676
IRS990/NetAssetsOrFundBalancesBOYAmt010743467
IRS990/NetAssetsOrFundBalancesEOYAmt011713355
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09956904
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010714301
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt017434
IRS990/OccupancyGrp/TotalAmt017434
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03521964
IRS990/OtherAssetsTotalGrp/EOYAmt03521964
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SITE MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc2SPECIAL DISTRICT FEES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt088703
IRS990/OtherExpensesGrp/ProgramServicesAmt125595
IRS990/OtherExpensesGrp/ProgramServicesAmt215071
IRS990/OtherExpensesGrp/ProgramServicesAmt3779
IRS990/OtherExpensesGrp/TotalAmt088703
IRS990/OtherExpensesGrp/TotalAmt125595
IRS990/OtherExpensesGrp/TotalAmt215071
IRS990/OtherExpensesGrp/TotalAmt3779
IRS990/OtherLiabilitiesGrp/BOYAmt03056599
IRS990/OtherLiabilitiesGrp/EOYAmt02502426
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020915
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020915
IRS990/OtherRevenueTotalAmt020915
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04578713
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03854973
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt034325
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03335
IRS990/PrincipalOfficerNm0DONALD CUNNINGHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900002
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0LEASE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENT
IRS990/ProgramServiceRevenueGrp/Desc2LEASE INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0554173
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1136961
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105078
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt336316
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt415308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0554173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1136961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt336316
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt415308
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02607662
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01890297
IRS990/PYInvestmentIncomeAmt0-74355
IRS990/PYOtherExpensesAmt0785902
IRS990/PYOtherRevenueAmt01372
IRS990/PYProgramServiceRevenueAmt0848888
IRS990/PYRevenuesLessExpensesAmt0707368
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02676199
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03383567
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt090308
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt073752
IRS990/ReconcilationRevenueExpnssAmt0969888
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0868751
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05538402
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06317002
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 1,617. 2020 AMOUNT: $ 94,752. 2021 AMOUNT: $ 1,741. 2022 AMOUNT: $ 1,372. 2023 AMOUNT: $ 20,915.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01617660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02607662
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0172575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0425175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0812775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05635847
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0173939
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04549
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010959
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024106
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0217863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0173939
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04549
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0217863
IRS990ScheduleA/InvestmentIncomeCYPct00.03650
IRS990ScheduleA/InvestmentIncomePYPct00.00960
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt020915
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01372
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01741
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt094752
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01617
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0120397
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94340
IRS990ScheduleA/PublicSupportPY509Pct00.97240
IRS990ScheduleA/PublicSupportTotal509Amt05635847
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01617660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02607662
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0172575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0425175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0812775
IRS990ScheduleA/Total509Grp/TotalAmt05635847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01812514
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02613583
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0178626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0530886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0838498
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05974107
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/BookValueAmt04749725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02498895
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07248620
IRS990ScheduleD/EquipmentGrp/BookValueAmt03230
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043369
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046599
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01690462
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03521964
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT AND RESALE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12482426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOW - LEASES
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02660350
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/TotalAcreageCnt024.90
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04752955
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03521964
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalExpensesPerForm990Amt01690462
IRS990ScheduleD/TotalLiabilityAmt02502426
IRS990ScheduleD/TotalRevenuePerForm990Amt02660350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02660350
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01690462
IRS990ScheduleD/WrittenPolicyMonitoringInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0400000
IRS990ScheduleI/RecipientTable/CashGrantAmt17000
IRS990ScheduleI/RecipientTable/CashGrantAmt2100000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt550000
IRS990ScheduleI/RecipientTable/CashGrantAmt675000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$18,814,801
Liabilities
$7,101,446
Net assets
$11,713,355
Revenue
$2,660,350
Expenses
$1,690,462
Net income
$969,888
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
2023Detailed filing. Detailed filing data is available for this year.$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