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EIN 16-6058339

Ithaca Area Economic Development (TCAD)

IRS 501(c) type
501(c)(6)
Num. employees
6
City
Ithaca
State
New York
Year formed
1965
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
TCAD is dedicated to building a thriving and sustainable economy that improves the quality of life in Tompkins County by fostering the growth of business and employment.
Also known as...
Tompkins County Area Development
Total revenues
$2,652,750
2023
Total expenses
$1,325,093
2023
Total assets
$5,475,860
2023
Num. employees
6
2023

Program areas at TCAD

To encourage and effect the location and expansion of local business, creation of job opportunities, and the betterment of individual and community prosperity within the County of Tompkins, ny.

Who funds Ithaca Area Economic Development (TCAD)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ithaca College (IC)Support Economic Advancement in Tompkins County Ny$16,000

Personnel at TCAD

NameTitleCompensation
Kurt AndersonDirector of Development , Operations , and Strategy
Chuck SchwerinManaging Director of Business Services
Kellea BaudaDirector of Business Services
Ina ArthurManager of Administrative Services
Mary Holland-BavisWorkforce Program Manager
...and 10 more key personnel

Financials for TCAD

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,585,288
Investment income and dividends$39,528
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$32,640
Net gain from sale of non-inventory assets$-4,706
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,652,750

Form 990s for TCAD

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990View PDF
2022-122023-09-13990View PDF
2021-122022-08-18990View PDF
2020-122021-10-26990View PDF
2019-122021-06-07990View PDF
...and 9 more Form 990s
Data update history
November 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 2, 2024
Updated personnel
Identified 3 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $16,000 from Ithaca College (IC)
October 25, 2023
Updated personnel
Identified 3 new personnel
October 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local level
General information
Address
119 E Seneca St 200
Ithaca, NY 14850
Metro area
Ithaca, NY
County
Tompkins County, NY
Website URL
ithacaareaed.org/ 
Phone
(607) 273-0005
Facebook page
tompkinscountyareadevelopment 
IRS details
EIN
16-6058339
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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