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EIN 22-2482535

Binghamton Local Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Binghamton
State
New York
Year formed
1982
Most recent tax filings
2019-08-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
To further sustainable economic Development in the city of Binghamton by attracting new business, retaining and growing established business, building industrial and commercial capacity, promoting employment, and fostering entrepreneurship and innovation.
Total revenues
$489,939
2019
Total expenses
$462,252
2019
Total assets
$4,241,393
2019
Num. employees
0
2019

Program areas at Binghamton Local Development Corporation

To further sustainable economic Development in the city of Binghamton by attracting new business, retaining and growing established business, building industrial and commercial capacity, promoting employment, and fostering entrepreneurship and innovation.

Who funds Binghamton Local Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Security Mutual Life FoundationFunding Distressed Cancer Families$7,142

Personnel at Binghamton Local Development Corporation

NameTitleCompensation
John SaracenoPresident$0
Clarence ShagerComptroller$0
Ron SallSecretary$0
Arthur SmithVice President$0

Financials for Binghamton Local Development Corporation

RevenuesFYE 08/2019
Total grants, contributions, etc.$378,984
Program services$108,927
Investment income and dividends$2,028
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$489,939

Form 990s for Binghamton Local Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2019-082021-01-21990View PDF
2018-082019-05-14990View PDF
2017-082018-05-09990View PDF
2016-082017-01-26990View PDF
2015-082016-08-05990View PDF
...and 5 more Form 990s
Data update history
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 13, 2021
Received grants
Identified 1 new grant, including a grant for $7,142 from Security Mutual Life Foundation
March 3, 2021
Used new vendors
Identified 1 new vendor, including
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
August 27, 2019
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
City Hall - 4th Floor
Binghamton, NY 13901
Metro area
Binghamton, NY
County
Broome County, NY
Website URL
binghamton-ny.gov/ 
Phone
(607) 772-7161
IRS details
EIN
22-2482535
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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