Chautauqua Opportunities For Development Inc

Organization Overview

Chautauqua Opportunities For Development Inc is located in Dunkirk, NY. The organization was established in 2003. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chautauqua Opportunities For Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 10/2022, Chautauqua Opportunities For Development Inc generated $201.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $163.6k during the year ending 10/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP OPPORTUNITIES FOR NEW AND EXISTING ENTREPRENEURS IN CHAUTAUQUA COUNTY AND SURROUNDING COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE, STIMULATE, DEVELOP, AND ADVANCE ECONOMIC WELFARE IN DISTRESSED COMMUNITIES BY PROVIDING FINANCING FOR BUSINESS AND IMPROVING THE SOCIAL AND/OR ECONOMIC CONDITIONS OF LOW-INCOME INDIVIDUALS BY PROVIDING LOANS, EQUITY INVESTMENTS, AND FINANCIAL SERVICES. AT OCTOBER 31, 2022, THIRTY- THREE LOANS WERE OUTSTANDING.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kevin Muldowney
Secretary
$0
Richard Dixon
Treasurer
$0
Rebecca Brumagin
Chair
$0
Diane Hewitt-Johnson
CEO
$0
Mary Lou Bailen
CFO
$0
David Thomas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $177,058
All other contributions, gifts, grants, and similar amounts not included above$7,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$184,058
Total Program Service Revenue$17,431
Investment income $225
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $201,714

Create an account to unlock the data you need.

or