Nonprofit · EIN 38-4007595
FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · WATKINS GLEN, NY 14891
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $95,926 | $53,498 | $42,428 | $520,057 | $275,496 | $244,561 |
| December 31, 2023 | 990-EZ | $157,575 | $33,945 | $123,630 | $383,342 | $181,923 | $201,419 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $78,632
- of which government grants
- $36,382
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $17,294
- Other revenue
- $17,294
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $135
- Accounting fees
- $2,830
- Occupancy
- $13,405
- Depreciation
- $12,221
- Program services (functional)
- $53,498
Balance sheet and other
- Total assets, start of year
- $383,342
- Total assets, end of year
- $520,057
- Total liabilities, end of year
- $275,496
- Net assets, end of year
- $244,561
- Land, buildings and equipment
- $318,619
- Net assets without donor restrictions
- $229,919
- Net assets with donor restrictions
- $14,642
- Gross receipts
- $95,926
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2016
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN STAMP | CHAIR Trustee or director, Officer | 0 | $0 |
| BRIAN KENNEY | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| BRUCE BOUGHTON | TREASURER Trustee or director, Officer | 0 | $0 |
| MICHAELA CHRISTENSEN | SECRETARY Trustee or director, Officer | 0 | $0 |
| IAN CONBOY | DIRECTOR Trustee or director | 0 | $0 |
| CHRIS DUANE | DIRECTOR Trustee or director | 0 | $0 |
| JERAKAH HEADY | DIRECTOR Trustee or director | 0 | $0 |
| SARAH HOUCK | DIRECTOR Trustee or director | 0 | $0 |
| ABBY LANE | DIRECTOR Trustee or director | 0 | $0 |
| JEREMY HOURIHAN | DIRECTOR Trustee or director | 0 | $0 |
| ASTRA TITUS | DIRECTOR Trustee or director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ABBY LANE | MEMBER | 0.5 | $0 |
| IAN CONBOY | MEMBER | 0.5 | $0 |
| CHRIS DUANE | MEMBER | 0.5 | $0 |
| SARAH HOUCK | MEMBER | 0.5 | $0 |
| JEREKAH HEADY | MEMBER | 0.5 | $0 |
| JEREMY HOURIHAN | MEMBER | 0.5 | $0 |
| ASTRA TITUS | MEMBER | 0.5 | $0 |
| BEN STAMP | CHAIRMAN | 1 | $0 |
| BRIAN KENNEY | VICE CHAIR | 1 | $0 |
| BRUCE BOUGHTON | TREASURER | 1 | $0 |
| MICHAELA CHRISTENSEN | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 216 N FRANKLIN ST, WATKINS GLEN, NY 14891-1224
- In care of
- % JUDY MCKINNEY CHERRY
- Mailing address (990-N for 2021)
- 910 SOUTH DECATUR STREET, WATKINS GLEN NY 14891
- Principal officer (990 for 2024)
- BRUCE BOUGHTON, 216 N FRANKLIN STREET, WATKINS GLEN, NY 14891
- Principal officer (990-N for 2021)
- BEN STAMP, 910 SOUTH DECATUR STREET, WATKINS GLEN NY 14891
- Signed the 990
- BRUCE BOUGHTON, TREASURER
- Phone
- (607) 535-4341
- Website
- WWW.FLXGATEWAY.COM
- Return prepared by
- INSERO ADVISORS LLC
Mission
TO LEVERAGE THE STRENGTHS OF SCHUYLER COUNTY AND THE REGION THROUGH ENHANCED COMMERCIAL ACTIVITIES AND ECONOMIC DEVELOPMENT.
Program accomplishments
- TO PROMOTE THE PROSPERITY OF ITS RESIDENTS AND LEVERAGE THE STRENGTHS OF SCHUYLER COUNTY AND THE REGION THROUGH ENHANCED COMMERCIAL ACTIVITIES AND ECONOMIC DEVELOPMENTExpenses $53,498
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 38-4007595
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $520,057
- Income (IRS master file)
- $95,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $95,926 | $53,498 | $520,057 | XML |
| 990-EZ | December 2023 | $157,575 | $33,945 | $383,342 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: BEN STAMP | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: KRISTIN VANHORN | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: KRISTIN VANHORN | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 38-4007595).
Questions about FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION is 38-4007595.
- Is FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FINGER LAKES GATEWAY COMMUNITY 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 FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names BRUCE BOUGHTON.
- Who are the officers and directors of FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does FINGER LAKES GATEWAY COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $95,926, expenses of $53,498 and total assets of $520,057 at year end.
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All nonprofits in WATKINS GLEN · New York · Community improvement and capacity building