Nonprofit · EIN 16-1610973
VICTOR LOCAL DEVELOPMENT CORPORATION
Tax-exempt · VICTOR, NY 14564
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $53,020 | $58,858 | -$5,838 | $474,134 | $305,000 | $169,134 |
| December 31, 2024 | 990-EZ | $38,064 | $43,334 | -$5,270 | $474,972 | $300,000 | $174,972 |
| December 31, 2023 | 990-EZ | $40,076 | $29,025 | $11,051 | $180,242 | – | $180,242 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $53,020
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $4,850
- Printing, publications and postage
- $79
- Other expenses
- $53,929
Balance sheet and other
- Total assets, start of year
- $474,972
- Total assets, end of year
- $474,134
- Total liabilities, end of year
- $305,000
- Net assets, end of year
- $169,134
- Cash, savings and investments
- $268,549
- Gross receipts
- $53,020
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joe Corsi | Director | 2 | $0 |
| Liz Biehler | President | 2 | $0 |
| Alyssa Corbett | Vice President | 2 | $0 |
| Mike Guinan | Director | 2 | $0 |
| Brett Owen | Director | 2 | $0 |
| Kathleen Rayburn | Exec Director | 40 | $0 |
| Kevin Overton | Director | 2 | $0 |
| Tedd Rund Jr | Director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joe Corsi | Director | 2 | $0 |
| Liz Biehler | President | 2 | $0 |
| Alyssa Corbett | Vice President | 0 | $0 |
| Mike Guinan | Director | 2 | $0 |
| Brett Owen | Director | 2 | $0 |
| Kathleen Rayburn | Exec Director | 40 | $0 |
| Kevin Overton | Director | 2 | $0 |
| Tedd Rund Jr | Director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joe Corsi | Director | 2 | $0 |
| Liz Biehler | President | 2 | $0 |
| Alyssa Serinis | Director | 2 | $0 |
| Mike Guinan | Director | 2 | $0 |
| Brett Owen | Director | 2 | $0 |
| Kathleen Rayburn | Exec Director | 40 | $0 |
| Kevin Overton | Vice President | 2 | $0 |
| Tedd Rund Jr | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 85 E MAIN ST, VICTOR, NY 14564-1301
- Signed the 990-EZ
- Kathleen Rayburn, Executive Dir.
- Phone
- (585) 742-5073
- Website
- VICTORLDC.ORG
- Return prepared by
- University Accounting & Tax Service
Mission
The mission of the Victor LDC is to conduct activities that will relieve and reduce unemployment, promote and provide for additional and maximum employment; better and maintain job opportunities, assist individuals to improve or develop their capabilities for jobs, carry on scientific research for the purpose of aiding the community or geographic area by attracting industry to the community and lessening the burdens of government and acting in the public interest.
Program accomplishments
- Downtown revitalization and economic development
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 16-1610973
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $474,134
- Income (IRS master file)
- $53,020
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $53,020 | $58,858 | $474,134 | IRS |
| 990-EZ | December 2024 | $38,064 | $43,334 | $474,972 | IRS |
| 990-EZ | December 2023 | $40,076 | $29,025 | $180,242 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1610973).
Questions about VICTOR LOCAL DEVELOPMENT CORPORATION
- What is the EIN of VICTOR LOCAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VICTOR LOCAL DEVELOPMENT CORPORATION is 16-1610973.
- Is VICTOR LOCAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2002.
- Are donations to VICTOR LOCAL DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VICTOR LOCAL DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VICTOR LOCAL DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VICTOR LOCAL DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of VICTOR LOCAL DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does VICTOR LOCAL DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $53,020, expenses of $58,858 and total assets of $474,134 at year end.
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All nonprofits in VICTOR · New York · Community improvement and capacity building