Skip to main content

Nonprofit · EIN 90-0348340

SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION

Tax-exempt · SHERBURNE, NY 13460

Financials

$14K$02023$47K$02024$1.2M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,229,424$1,236,988-$7,564$2,137,913$273,624$1,864,289
December 31, 2024990$46,932$0$46,932$2,140,828$268,975$1,871,853
December 31, 2023990$14,098$0$14,098$2,089,247$264,326$1,824,921
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,229,981
Program service revenue
$0
Investment income
$4,600
Net rental income
-$5,157
Other revenue
-$5,157

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,236,988

Balance sheet and other

Total assets, start of year
$2,140,828
Total assets, end of year
$2,137,913
Total liabilities, end of year
$273,624
Net assets, end of year
$1,864,289
Land, buildings and equipment
$1,991,916
Net assets without donor restrictions
$1,864,289
Gross receipts
$1,297,581
Employees
0
Volunteers
0
Year formed
2008
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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TRAVIS DUBOISCEO
Officer
2$0$153,994$55,116
KEITH VAN ALTHUISTREASURER/CFO
Officer
2$0$82,160$34,371
WILLIAM ACEEPRESIDENT
Trustee or director, Officer
5$0$12,000$0
CHRISTOPHER TOMASELLISECRETARY
Trustee or director, Officer
2$0$3,600$0
MICHAEL JANITZDIRECTOR
Trustee or director
2$0$3,600$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TRAVIS DUBOISCEO
Officer
2$0$152,290$49,328
KEITH VAN ALTHUISTREASURER/CFO
Officer
2$0$73,981$30,580
IONE ROGERSTREASURER/CFO
Former
2$0$18,350$0
WILLIAM ACEEPRESIDENT
Trustee or director, Officer
5$0$12,000$0
CHRISTOPHER TOMASELLISECRETARY
Trustee or director, Officer
2$0$3,600$0
MICHAEL JANITZDIRECTOR
Trustee or director
2$0$3,600$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TRAVIS DUBOISCEO
Officer
2$0$137,531$40,316
IONE ROGERSTREASURER/CFO
Former
2$0$89,249$22,094
KEITH VAN ALTHUISTREASURER/CFO
Officer
2$0$28,687$11,188
WILLIAM ACEEPRESIDENT
Trustee or director, Officer
5$0$12,000$0
CHRISTOPHER TOMASELLISECRETARY
Trustee or director, Officer
2$0$3,600$0
MICHAEL JANITZDIRECTOR
Trustee or director
2$0$3,600$0

Address and contacts

Address (IRS master file)
VILLAGE OF SHERBURNE, SHERBURNE, NY 13460-0000
Principal officer (990 for 2025)
WILLIAM ACEE, VILLAGE OF SHERBURNE, SHERBURNE, NY 13460
Signed the 990
WILLIAM ACEE, PRESIDENT
Phone
(607) 674-2300
Return prepared by
BST & CO CPAS LLP

Mission

THE ORGANIZATION WAS FORMED AS A DIRECT SUPPORTING ORGANIZATION OF THE VILLAGE OF SHERBURNE, NEW YORK. ITS GOAL IS TO RELIEVE AND REDUCE UNEMPLOYMENT BY PROMOTING AND PROVIDING JOB OPPORTUNITIES IN THE VILLAGE AND SURROUNDING COMMUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • CONSTRUCTION OF A NEW UTILITY SERVICES BUILDING AND DEVELOPMENT OF LAND INTO A MULTI-USE BUSINESS PARK.
    Expenses $1,236,988

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-0348340
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24)
Assets (IRS master file)
$2,137,913
Income (IRS master file)
$1,297,581

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,229,424$1,236,988$2,137,913IRS
990December 2024$46,932$0$2,140,828IRS
990December 2023$14,098$0$2,089,247XML
990December 2022$10,515$0$2,070,500IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 90-0348340).

Questions about SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION

What is the EIN of SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION is 90-0348340.
Is SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SHERBURNE AREA 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 SHERBURNE AREA 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 SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names WILLIAM ACEE.
Who are the officers and directors of SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SHERBURNE AREA LOCAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,229,424, expenses of $1,236,988 and total assets of $2,137,913 at year end.

Other nonprofits in SHERBURNE

All nonprofits in SHERBURNE · New York · Education