named programs · 2 · from sources
What they call their work
Business Financing Program
Provides financial support and lending services to small businesses and entrepreneurs in Ulster County to stimulate job creation and economic growth.
Economic Development Initiatives
Runs programs focused on community revitalization, workforce development, and regional economic planning in partnership with local stakeholders.
activities · 1 group
What they do
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Regional Economic Development Initiatives 1 activity
- Promote job growth and economic developmentEngages in business financing initiatives to promote job growth, economic development, and community revitalization in Ulster County.
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financials · form 990 · fy2024
revenue
Total revenue$220K
Contributions & grants$102K46%
Program service revenue$53K24%
Investment income$52K23%
Other revenue$13K
expenses
Total expenses$275K
Program expenses37%
Admin / overhead63%
Fundraising0%
Salaries & benefits$0
Grants paid out$102K
Largest expense lineProfessional Fees
balance sheet
Total assets$12.34M
Cash$1.70M
Investments$0
Liabilities$10.75M
Net assets$1.59M
Liquid reserves74.3 mo
4 years on record · 2020–2024 · YoY revenue -76.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| CHRISTOPHER R JAROS | CFO | 11 | $118K |
| KEVIN LYNCH | CEO/PRESIDENT | 1 | $117K |
| HERBERT LITTS | VICE CHAIR | 1 | $16K |
board members · 6
- BRIAN CAHILL — DIRECTOR
- CHRISTOPHER CERRONE — DIRECTOR
- DR GREGORY SIMPSON — CHAIR
- MEGAN SPERRY — SECRETARY
- NEJLA LIIAS — DIRECTOR
- WARD TODD — TREASURER
strategies · 1
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.