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DELAWARE COUNTY LOCAL DEVELOPMENT CORP

DELHI, NY · EIN 161576206 · Form 990 · FY2025 · NTEE S30 · Community Improvement · Medium ($1M-$10M)
revenue
$1.1M
expenses
$123K
net assets
$3.7M
employees
0
volunteers
7
program ratio
83%
mission · from form 990

TO PROMOTE JOB CREATION THROUGH FINANCIAL AND OTHER ASSISTANCE TO SMALL BUSINESSES.

profile · synthesized from sources

Delaware County Local Development Corp is a New York-based nonprofit focused on community improvement through economic development. The organization promotes job creation by providing financial and other forms of assistance to small businesses. Its activities are centered in Delaware County, NY, supporting local enterprise growth and workforce development.

named programs · 2 · from sources

What they call their work

Job Creation Support Program
Offers technical assistance and capacity-building resources to small businesses to help them create and retain local jobs.
Small Business Financial Assistance
Provides loans, loan guarantees, and financial counseling to small businesses in Delaware County to support startup and expansion activities.
activities · 1 group

What they do

  • Local Business Financing and Incentives 1 activity
    • Providing financial and other assistance to small businesses
      Promotes job creation by offering support to small businesses through financial and other forms of assistance.
financials · form 990 · fy2025
revenue
Total revenue$1.12M
Contributions & grants$275K25%
Program service revenue$175K16%
Investment income$3K0%
Other revenue$669K
expenses
Total expenses$123K
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$11K
Grants paid out$24K
Largest expense lineProfessional Fees
balance sheet
Total assets$7.24M
Cash$1.36M
Investments$0
Liabilities$3.51M
Net assets$3.74M
Liquid reserves132.4 mo
6 years on record · 2020–2025 · YoY revenue +150.0%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
GLENN NEALIS Executive Direc 10 $11K
board members · 7
  • BRUCE DOLPH — Treasurer
  • CHRIS PRICE — Director
  • FLERIDA SANTANA — Director
  • MICHAEL O'BRIEN — Director
  • NOEL GOODSPEED — Director
  • SCOTT WHITE — VICE CHAIRMAN
  • WAYNE OLIVER — Chairman
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.