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CHAUTAUQUA REGION ECONOMIC DEVELOPMENT CORPORATION

JAMESTOWN, NY · EIN 161287627 · Form 990 · FY2024 · NTEE S31Z · Community Improvement · Medium ($1M-$10M)
revenue
$1.6M
expenses
$1.5M
net assets
$641K
employees
0
program ratio
97%
mission · from form 990

THE MAIN PURPOSE OF CHAUTAUQUA REGION ECONOMIC DEVELOPMENT CORPORATION IS TO PROMOTE JOB GROWTH IN THE COMMUNITY.

profile · synthesized from sources

Chautauqua Region Economic Development Corporation promotes job growth and economic development in Chautauqua County, New York. The organization supports local businesses, assists with business expansion and retention, and works to attract new investment to the region. Its activities are focused on strengthening the local economy through strategic planning and community collaboration.

named programs · 3 · from sources

What they call their work

Business Retention & Expansion Program
Conducts regular outreach to existing local businesses to assess needs, identify growth opportunities, and connect them with resources
Industrial Development Agency (IDA) Services
Administers tax incentives and financing tools to support business development and real estate projects in the region
Small Business Assistance Program
Provides guidance and support to entrepreneurs and small businesses including access to capital, technical assistance, and training
activities · 1 group

What they do

  • Regional Economic Development Initiatives 1 activity
    • Promoting job growth in the community
      Promotes job growth in the Chautauqua region through economic development initiatives and support for local businesses.
financials · form 990 · fy2024
revenue
Total revenue$1.63M
Contributions & grants$1.60M99%
Program service revenue$00%
Investment income$20K1%
Other revenue$3K
expenses
Total expenses$1.54M
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$223K
Grants paid out$509K
Largest expense lineProfessional Fees
balance sheet
Total assets$1.91M
Cash$605K
Investments$0
Liabilities$1.27M
Net assets$641K
Liquid reserves4.7 mo
3 years on record · 2020–2024 · YoY revenue +6.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
RICHARD DIXON CFO (THROUGH JUNE 2024) 1 $208K
MARK GEISE CEO 5 $70K
SHELBY BILSKIE CFO 1 $33K
board members · 9
  • AMY HARDING — DIRECTOR
  • BRAD WALTERS — VICE CHAIRMAN
  • DAN DEMARTE — DIRECTOR
  • DAN HEITZENRATER — SECRETARY
  • GARY HENRY — CHAIRMAN
  • KEVIN MULDOWNEY — DIRECTOR
  • SAGAN SHEFFIELD-SMITH — TREASURER
  • STEVEN THORPE — DIRECTOR(RESIGNED 7/2024)
  • TOM HARMON — DIRECTOR
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.