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Nonprofit · EIN 83-3511645

SCHOHARIE ECONOMIC ENTERPRISE CORPORATION

Tax-exempt · SCHOHARIE, NY 12157

Financials

$497K$425K2023$894K$473K2024
Revenue Expenses · by fiscal year end
Financials of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$894,105$472,977$421,128$1,845,495$193,890$1,651,605
December 31, 2023990 (amended)$496,573$424,860$71,713$1,266,957$36,480$1,230,477
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$777,348
Program service revenue
$6,692
Investment income
$78,406
Other revenue
$31,659

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$125,440
Other salaries and wages
$66,533
Salaries, compensation and benefits (total)
$243,487
Professional fundraising fees
$0
Legal fees
$2,975
Accounting fees
$10,965
Travel
$1,491
Depreciation
$11,366
Program services (functional)
$424,454
Management and general (functional)
$48,523

Balance sheet and other

Total assets, start of year
$1,266,957
Total assets, end of year
$1,845,495
Total liabilities, end of year
$193,890
Net assets, end of year
$1,651,605
Land, buildings and equipment
$349,788
Publicly traded securities
$527,176
Net assets without donor restrictions
$1,574,044
Net assets with donor restrictions
$77,561
Gross receipts
$894,105
Employees
3
Volunteers
36
Year formed
2019
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.

NameTitleHours / weekCompensationOther / benefits
JULIANNE PACATTEExecutive Dir.
Officer
40$125,440$19,526
THOMAS O PUTNAMEXECUTIVE CHAIR
Trustee or director, Officer
1$0$0
ERIC H STEINTreasurer
Trustee or director, Officer
1$0$0
PETER J JOHNSONSecretary
Trustee or director, Officer
1$0$0
JAMES R BECKERBoard Director
Trustee or director
1$0$0
STEPHEN A HARRISBoard Director
Trustee or director
1$0$0
NAN STOLZENBURGDirector
Trustee or director
1$0$0
PAUL CONROYDirector
Trustee or director
1$0$0
BENJAMIN OEVERINGDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
JULIE PACATTEExecutive Dir.
Officer
40$97,576$9,858
THOMAS O PUTNAMEXECUTIVE CHAIR
Trustee or director, Officer
1$0$0
ERIC H STEINTreasurer
Trustee or director, Officer
1$0$0
PETER J JOHNSONSecretary
Trustee or director, Officer
1$0$0
JAMES R BECKERBoard Director
Trustee or director
1$0$0
STEPHEN A HARRISBoard Director
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
287 MAIN ST, SCHOHARIE, NY 12157-7702
In care of
% THOMAS O PULNAM
Principal officer (990 for 2024)
THOMAS O PUTNAM, PO BOX 1099, SCHOHARIE, NY 12157
Signed the 990
ERIC H STEIN, Treasurer
Phone
(518) 517-1700
Website
seecny.org
Return prepared by
ROBERT J PALMERINO CPA

Mission

The Schoharie Economic Enterprise Corporation (SEEC), formed in 2019, is a not-for-profit organization dedicated to economic development in Schoharie County by promoting, fostering and encouraging the development of business enterprises to combat declines in the regions workforce, overall population, and median household income. SEEC is supported by donations from various corporations, business leaders, and individuals.

990 for the year ended December 31, 2024

Program accomplishments

  • Business retention and expansion (BR&E) - BR&E is programming intended to help focus the energies of community stakeholders on the economic assets that already exist in the County, making businesses stronger and more resilient over time. SEEC is identifying, designing, and implementing strategies that can help strengthen existing businesses and industries through its BR&E efforts.
    Expenses $264,506
  • Forums - SEEC Prosperity Forums are cohosted by strategic alliances to cultivate common ground, generate creativity, discuss possibilities, find solutions, and mobilize investment in Schoharie County. SEEC hosts a series of Forums annually to advance economic and community vitality.
    Expenses $90,441
  • Grant support - SEEC is focused on securing more capital resources to advance local economic and community development priorities. SEEC will work with businesses and municipal partners to identify, apply, and administer federal, state and local grants that may directly result in job creation and capital investment. SEEC is prequalified at the state and federal level as an approved grant administrator.
    Expenses $69,507

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3511645
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,845,495
Income (IRS master file)
$894,105

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$894,105$472,977$1,845,495IRS
990December 2023$496,573$424,860$1,266,957XML
990December 2022$383,196$469,597$1,414,497IRS
990December 2021–––IRS
990December 2020–––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 83-3511645).

Questions about SCHOHARIE ECONOMIC ENTERPRISE CORPORATION

What is the EIN of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION?
The employer identification number (EIN) of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION is 83-3511645.
Is SCHOHARIE ECONOMIC ENTERPRISE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to SCHOHARIE ECONOMIC ENTERPRISE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOHARIE ECONOMIC ENTERPRISE 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 SCHOHARIE ECONOMIC ENTERPRISE 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 SCHOHARIE ECONOMIC ENTERPRISE 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 SCHOHARIE ECONOMIC ENTERPRISE CORPORATION?
The 990 for the year ended December 31, 2024 names THOMAS O PUTNAM.
Who are the officers and directors of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $125,440 (JULIANNE PACATTE, Executive Dir.).
How much revenue does SCHOHARIE ECONOMIC ENTERPRISE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $894,105, expenses of $472,977 and total assets of $1,845,495 at year end.

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