named programs · 2 · from sources
What they call their work
Economic Development Support
Provides resources to attract new businesses, retain existing ones, and promote overall economic sustainability in Cattaraugus County
Investment Program
Manages and invests public funds in accordance with legal, safety, liquidity, and yield priorities, using permitted instruments including U.S. and state obligations, certificates of deposit, and repurchase agreements
activities · 6 groups
What they do
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Agricultural Grantmaking and Funding Programs 1 activity
- Administration of the Microenterprise Grant ProgramFunds microenterprise development by administering the Microenterprise Grant Program in partnership with the Cattaraugus County Department of Economic Development, Planning and Tourism.
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Regional Economic Development Initiatives 1 activity
- Economic development and business retentionProvides resources to attract new businesses, support the retention of existing businesses, and promote economic growth in Cattaraugus County, with an emphasis on creating private-sector employment opportunities that pay a living wage, offer benefits, and include skills training.
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Organizational Sustainability Management 1 activity
- Financial and investment managementManages organizational investments in compliance with legal and policy requirements, including establishing internal controls, preparing quarterly and annual investment reports, and submitting investments for annual audit to ensure safety, liquidity, and yield.
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Annual Financial and Activity Reporting 1 activity
- Financial planning and transparencyProduces and publishes annual budget reports to support financial planning and transparency, including reports from 2017 and 2019 detailing allocations and planning.
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Legal Representation for Members 1 activity
- Legal protection for organizational representativesProvides indemnification to board members, officers, employees, and authorized representatives acting on behalf of the organization, as permitted under New York Not-For-Profit Corporation Law.
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Organizational Governance & Leadership Development 1 activity
- Organizational governance and reportingConducts regular board meetings with formal documentation of minutes, performs board evaluations at least every two years, reviews organizational strategy annually, and assesses performance against objectives on a yearly basis.
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financials · form 990 · fy2022
revenue
Total revenue$6K
Contributions & grants$00%
Program service revenue$00%
Investment income$6K100%
Other revenue$0
expenses
Total expenses$5K
Program expenses50%
Admin / overhead50%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$657K
Cash$273K
Investments$0
Liabilities$0
Net assets$657K
Liquid reserves654.0 mo
3 years on record · 2020–2022 · YoY revenue -47.0%
leadership · form 990 part vii · fy2022
Who runs it
board members · 9
- Crystal Abers — Director
- Daniel Martonis — Chair
- David Koch — Director
- Donna Vickman — Director
- James Snyder Sr — Vice-Chair
- John Padlo — Director
- John Searles — Director
- Matthew Keller — Treasurer
- Susan Labuhn — Director
relationships · 5
Who they work with
- Cattaraugus County Department of Economic Development, Planning & Tourism Government — Collaborates with the Cattaraugus County Department of Economic Development, Planning & Tourism for program delivery and administrative support.
- Cattaraugus County Department of Economic Development, Planning and Tourism Partner — Collaborates on the administration of the Microenterprise Grant Program.
- County Treasurer Government — Responsible for managing investments, establishing internal controls, and preparing investment reports.
- External Consultants Partner — Engages independent external consultants periodically to assist with board evaluation processes.
- NY Office of Community Renewal Government — Source of awarded grant funding for the Microenterprise Grant Program.
strategies · 2
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.
- Business Attraction and Retention for Economic Growthmethodology: business_attraction_and_retentionBy attracting new businesses and supporting the retention of existing ones through resource provision and development support, the organization stimulates sustainable economic development and improves community well-being, based on the belief that local economic vitality is driven by both new investment and the stability of established enterprises.
- Private-Sector Partnerships to Expand Employment Pathwaysmethodology: private-sector-partnershipBy partnering with the private sector, the organization expands access to quality employment opportunities, leveraging external economic actors as a pathway to enhance individual and community-level economic sustainability.