Nonprofit · EIN 46-0967786
GLENVILLE LOCAL DEVELOPMENT CORPORATION
Tax-exempt · GLENVILLE, NY 12302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,852 | $45,626 | -$29,774 | $406,357 | $5,000 | $401,357 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,184
- Investment income
- $11,668
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $32,517
- Management and general (functional)
- $13,109
Balance sheet and other
- Total assets, start of year
- $431,131
- Total assets, end of year
- $406,357
- Total liabilities, end of year
- $5,000
- Net assets, end of year
- $401,357
- Net assets without donor restrictions
- $401,357
- Gross receipts
- $15,852
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2012
- 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 |
|---|---|---|---|
| RICHARD USAS | CHAIR Trustee or director, Officer | 1 | $0 |
| SCOTT OSSWALD | VICE CHAIR/SECRETARY Trustee or director, Officer | 1 | $0 |
| RICHARD PALMER | TREASURER Trustee or director, Officer | 1 | $0 |
| BRIAN CRAIG | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN FAUBION | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| SID RAMOTAR | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY TOZZI | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| CHRIS HEBBARD | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 18 GLENRIDGE RD, GLENVILLE, NY 12302-4551
- In care of
- % JAMES MACFARLAND
- Principal officer (990 for 2024)
- RICHARD USAS, 18 GLENRIDGE ROAD, GLENVILLE, NY 12302
- Signed the 990
- RICHARD USAS, CHAIR
- Phone
- (518) 265-5635
- Return prepared by
- BRYANS & GRAMUGLIA CPAS LLC
Mission
THE GLDC SERVES AS A RESOURCE TO STIMULATE ECONOMIC DEVELOPMENT WITHIN THE TOWN OF GLENVILLE THROUGH THE GROWTH OF NEW AND EXISTING BUSINESSES, AND THROUGH NUMEROUS INITIATIVES DESIGNED TO BENEFIT THE CITIZENS OF GLENVILLE.
Program accomplishments
- TO CONSTRUCT, ACQUIRE, REHABILITATE, AND IMPROVE BUILDINGS OR SITES IN THE TOWN OF GLENVILLE, NEW YORK OR TO ASSIST FINANCIALLY IN THE CONSTRUCTION, ACQUISITION, AND REHABILITATION, AND THE IMPROVEMENT OF BUILDINGS OR SITES WITHIN THE TOWN.Expenses $32,517 · grants $2,500 · revenue $4,184
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file |
IRS record
- EIN
- 46-0967786
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $406,357
- Income (IRS master file)
- $15,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $15,026 | $9,557 | $431,131 | IRS |
| 990 | December 2022 | $24,400 | $20,783 | $426,622 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GLENVILLE LOCAL DEVELOPMENT CORPORATION
- What is the EIN of GLENVILLE LOCAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GLENVILLE LOCAL DEVELOPMENT CORPORATION is 46-0967786.
- Is GLENVILLE LOCAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GLENVILLE LOCAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLENVILLE LOCAL DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GLENVILLE LOCAL 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 GLENVILLE LOCAL 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 GLENVILLE LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names RICHARD USAS.
- Who are the officers and directors of GLENVILLE LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does GLENVILLE LOCAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,852, expenses of $45,626 and total assets of $406,357 at year end.
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