NonprofitsExcelsior Local Development Corporation

Community Improvement & Capacity Building

Excelsior Local Development Corporation

LATHAM, NY

Total revenue

$509K

Total expenses

$335K

Net assets

$3.5M

Grants received

EIN

842112665

Tax year

2023

Mission

To assist small businesses in the acquisition of real property, and construction, renovation or other improvements thereon, and thereby promote and encourage the business prosperity and economic welfare of the state of new york; to encourage and assist in the location of new business and industry in the state of new york; and to provide financing to both new and existing businesses and industry; and to create and retain jobs within the state of new york.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$509K
Investment income
Other revenue
Total revenue$509K

Expenses

Grants paid
Salaries & benefits$134K
Fundraising
Other expenses$201K
Total expenses$335K
Total assets$6.8M
Net assets$3.5M

People

5 listed

NameRoleCompensation

PATRICK J MACKRELL

CHAIRMAN, PRESIDENT & CEO

Board

1 hrs/wk

CHRIS LEVY

VP & SECRETARY

Board

1 hrs/wk

BRUCE W BOYEA

DIRECTOR

Board

1 hrs/wk

JEFFREY LEVY

DIRECTOR

Board

1 hrs/wk

OWEN BURNS

VP & TREASURER

Board

1 hrs/wk

Details

EIN842112665
NTEE codeS30
Subsection03
Ruling date2020-02
Formed2019
Employees1
Volunteers0
EXCELSIOR LOCAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo