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CLAYTON LOCAL DEVELOPMENT CORPORATION
CLAYTON, NY · EIN 421613553 · Form 990 · FY2024 · NTEE S31 · Community Improvement · Micro (<$100K) · claytonldc.org
revenue
$43K
expenses
$44K
net assets
$18K
employees
0
program ratio
72%
mission · from form 990

TO RELIEVE AND REDUCE UNEMPLOYMENT; TO PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM EMPLOYMENT; TO BETTER AND TO MAINTAIN JOB OPPORTUNITIES; TO CARRY ON RESEARCH FOR THE PURPOSE OF AIDING THE COMMUNITIES OF THE TOWN AND VILLAGE OF CLAYTON, NEW YORK.

profile · synthesized from sources

Community development corporation focused on reducing unemployment and improving job opportunities in Clayton, New York. Conducts research and planning to support economic development initiatives in the local community. Organized as a nonprofit with regular board meetings and governance documentation.

named programs · 2 · from sources

What they call their work

Community Research and Development
Conducts research to aid communities in Clayton, New York, supporting long-term economic development planning
Employment Support and Job Opportunity Initiatives
Programs focused on reducing unemployment and maintaining job opportunities in the Town and Village of Clayton, NY
activities · 4 groups

What they do

  • Urban Policy and Equity Research 1 activity
    • Conducting research to support community and economic development
      Conducts research to support job opportunities and community development in Clayton, New York, including commissioning a population and housing study to define and quantify local housing challenges, finalized in 2024.
  • Regional Economic Development Initiatives 1 activity
    • Promoting economic development and business growth
      Works to promote employment opportunities, business development, job retention and growth, and expansion of existing businesses in the Town and Village of Clayton to improve overall quality of life.
  • Urban Park and Public Space Conservation 1 activity
    • Securing and administering grant funding for local revitalization projects
      Secures and administers grant funding from state and federal sources including NYS Department of State, NYS Empire State Development, USDA Rural Development, and Northern Border Regional Commission, with a total of $12,286,541 secured for projects such as waterfront remediation, property redevelopment, utility improvements, and the Harbor Hotel development.
  • Uncategorized 1 activity
    • Administering community development and infrastructure projects
      Administers funding and leads development initiatives such as the Clayton Riverwalk Phase 3, including property acquisition, project design, and bid management, and oversees infrastructure improvements in the historic district involving streets, sidewalks, water mains, sewer laterals, utility lines, and street lighting.
financials · form 990 · fy2024
revenue
Total revenue$43K
Contributions & grants$33K76%
Program service revenue$10K24%
Investment income$20%
Other revenue$0
expenses
Total expenses$44K
Program expenses72%
Admin / overhead28%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$21K
Cash$20K
Investments$0
Liabilities$3K
Net assets$18K
Liquid reserves5.4 mo
5 years on record · 2020–2024 · YoY revenue -12.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
KRISTI DIPPEL EXECUTIVE DIRECTOR 20 $76K
board members · 13
  • BOBBY CANTWELL — VICE CHAIRMAN
  • CHRISTINE POWERS — SECRETARY
  • CHRISTOPHER BOGENSCHUTZ — ASST SECRETARY
  • DOUG ROGERS — BOARD MEMBER
  • JACK STOPPER — BOARD MEMBER
  • JAMIE GANTER — CHAIRMAN
  • JOHN COOPER — TREASURER
  • MICHAEL BASHAW — BOARD MEMBER
  • MIKE HAZELWOOD — BOARD MEMBER
  • NANCY HYDE — BOARD MEMBER
  • NORMA ZIMMER — BOARD MEMBER
  • TIM DONEY — BOARD MEMBER
  • TIM LALONDE — BOARD MEMBER
relationships · 19

Who they work with

  • Asterhill Research Partner — Commissioned to conduct a population and housing study for the community.
  • Clayton Chamber Partner — Collaborates on economic development and community outreach initiatives.
  • Empire State Development Government — Funder of economic development and infrastructure projects including the Harbor Hotel and utility line improvements.
  • NYS DASNY Government — Provided $250,000 for water and wastewater infrastructure improvements.
  • NYS Department of State Government — Primary grant funder for waterfront revitalization, village improvement, and infrastructure projects.
  • NYS Department of State Government — Provided $500,000 for utility line improvements.
  • NYS Department of Transportation Government — Funded transportation alternative projects such as Riverwalk Segment 3.
  • NYS Empire State Development Government — Provided $1 million for utility line improvements.
  • New York State Department of Transportation Government — Administered Transportation Enhancement Program funding for the Riverwalk 3 project.
  • North Country Regional Council Government — Provided funding awards for historic district infrastructure and the Harbor Hotel project.
  • Northern Border Regional Commission Government — Provided $250,000 for water and wastewater infrastructure improvements.
  • Town of Clayton Government — Collaborates with the Town of Clayton on board appointments and local economic development initiatives.
  • Town of Clayton Government — Partner entity providing governance and administrative support for local development initiatives.
  • Town of Clayton Government — Works in the public interest to improve quality of life and economic welfare in the Town of Clayton.
  • USDA Rural Development Government — Provided rural business grant funding for local economic development.
  • Village of Clayton Government — Collaborates with the Village of Clayton on board appointments and local economic development initiatives.
  • Village of Clayton Government — Partner entity collaborating on local development programs and community planning.
  • Village of Clayton Government — Works in the public interest to improve quality of life and economic welfare in the Village of Clayton.
  • Village of Clayton Partner — Partnered to administer transportation funding and secure infrastructure improvement funding.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Driven Governance
    methodology: community-driven governance
    By engaging local residents and business owners in leadership and decision-making, the organization produces more sustainable and equitable development outcomes because community expertise ensures alignment with local needs and priorities.
  • Public-Private Partnership Model
    methodology: public-private-partnership
    By collaborating with public and private entities and funding sources, the organization amplifies its development impact because pooled resources and cross-sector coordination increase capacity and program sustainability.
  • Research-Driven Community Development
    methodology: research-driven community development
    By using commissioned research to identify community challenges and inform programming, the organization produces more effective development outcomes because data ensures interventions are targeted and evidence-based.