Overview
What is Nybdc Local Development Corporation?
The Nybdc Local Development Corporation is a nonprofit organization, based in New York, with a mission to support the growth and prosperity of small businesses within the state. They accomplish this by aiding in the acquisition of real estate, construction, renovation, or other improvements, thereby fostering business success and enhancing the economic well-being of New York. Furthermore, they encourage new businesses and industries to establish themselves in the state and offer financing options to both new and existing ventures. Ultimately, their goal is to create and retain jobs within New York.
Is Nybdc Local Development Corporation legitimate?
Nybdc Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nybdc Local Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,689,991
For more financial information, click here
What is the mission statement of Nybdc Local Development Corporation?
The Nybdc Local Development Corporation's mission is to aid small businesses in acquiring real estate and making necessary improvements, thereby fostering business growth and economic development in the state of New York. The organization also encourages the establishment of new businesses and industries within the state and offers financing options for both new and existing businesses. Moreover, the corporation's objectives include creating and retaining job opportunities within New York.
Who is the CEO of Nybdc Local Development Corporation?
Patrick J Mackrell is the Ceo of Nybdc Local Development Corporation. The CEO's salary of Nybdc Local Development Corporation is $0 and their total compensation is $1,083,829.
What is the revenue of Nybdc Local Development Corporation?
Nybdc Local Development Corporation's revenue in 2022 was $11,401,541.
Who are the executives of Nybdc Local Development Corporation and what are their salaries?
The average compensation at Nybdc Local Development Corporation during 2022 was $112,083. There are 24 employees at Nybdc Local Development Corporation.
Here are 18 key members and their salaries (Nybdc Local Development Corporation's CEO's salary is $0 and their total compensation is $1,083,829):
- Patrick J Mackrell (Ceo) [Trustee/Director]
- Owen F Burns (Executive Vp & Cfo)
- Steven R Cohen (President)
- Rachel Van Tosh (Former Senior Vice President And)
- Brad Seader (Vice President)
- David Hanold (Vice President And Chief L)
- Paola Garcia (Vice President)
- Sherri Falck (Assistant Vice President)
- G Gary Berner (Chairman) [Trustee/Director]
- Bruce W Boyea (Director)
- James J Byrnes (Director)
- Herbert G Chorbajian (Director)
- Jeffrey M Levy (Director)
- John Witkowski (Director)
- Daryl Forsythe (Director)
- Gregg Bishop (Director)
- Allen Naples (Director)
- Laura Simao (Director)
Where can I find the form 990 for Nybdc Local Development Corporation?
The Nybdc Local Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Nybdc Local Development Corporation
Nybdc Local Development Corporation is committed to aiding small businesses in their pursuit of real estate acquisition and subsequent improvements, such as construction or renovation. This mission is driven by the organization's goal to stimulate and bolster the business growth and economic well-being of New York State. Nybdc Local Development Corporation also encourages the establishment and expansion of new businesses and industries within the state, providing them with necessary financing. Ultimately, the corporation aims to create and retain jobs within New York, thereby contributing to its overall economic development.
Impact
This information is meant to be a general summary of Nybdc Local Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nybdc Local Development Corporation's impact can be seen in the growth and prosperity of small businesses within the state of New York. By providing financing for real estate acquisition, construction, renovation, and other improvements, Nybdc helps small businesses thrive and create job opportunities. Additionally, their efforts to encourage and assist in the location of new businesses and industries contribute to the overall economic welfare of the state. Through their work, Nybdc plays a crucial role in fostering community improvement and supporting the local economy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$3,004,835
ORIGINATION FEES
Revenue
$648,836
SUBRECIPIENT AGREEMENT INCOME
Revenue
$300
Organization Details
Founding Year
2009
Phone
(518) 463-2268
Principal Officer
Patrick J Mackrell
Main Address
50 BEAVER STREET, ALBANY, NY, 12207
NTEE Category
Code: S30 - Community improvement
If you are a representative of Nybdc Local Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.