THE COHOES LOCAL DEVELOPMENT CORPO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

BARBARA HILDRETH

Phone

5182332119

Tax Period

2025-01-01 to 2025-12-31

THE COHOES LOCAL DEVELOPMENT CORPORATION, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $35K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Expenses of $69K exceeded revenue, resulting in a 99% operating deficit.

Mission

FACILITATE EMPLOYMENT WITHIN CITY OF COHOES

Program Service Accomplishments

Program 1

Expenses: $68,762 Revenue: $10,183

PLANNING, PROMOTION, COORDINATION, AND EXECUTION OF PROGRAMS IN THE CITY OF COHOES AIMED AT IMPROVING THE QUALITY OF LIFE, BY REDUCING UNEMPLOYMENT, PROVIDING EMPLOYMENT, AND MAINTAINING JOB...

PLANNING, PROMOTION, COORDINATION, AND EXECUTION OF PROGRAMS IN THE CITY OF COHOES AIMED AT IMPROVING THE QUALITY OF LIFE, BY REDUCING UNEMPLOYMENT, PROVIDING EMPLOYMENT, AND MAINTAINING JOB OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $24,395

Program Service Revenue $10,183

Investment Income $0

Other Revenue $0

TOTAL REVENUE $34,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,762

Other Expenses $68,762

TOTAL EXPENSES $68,762

Year-over-Year Comparison

	2025	2024	Change
Revenue	$34,578	$36,438	-0.1%
Expenses	$68,762	$77,256	-0.1%
Net Income	$-34,184	$-40,818	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDY BONKOSKI	TREASURER	1.00	Officer Director	$0	$0	$0
JEFFREY BRADT	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA HILDRETH	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSHUA HILL	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN NAPIER	SECRETARY	1.00	Officer Director	$0	$0	$0
EDWARD TREMBLEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$34,578	$68,762	$317,850	$-34,184
2024	$36,438	$77,256	$339,140	$-40,818
2023	$38,059	$87,049	$379,808	$-48,990
2022	$47,777	$111,286	$428,398	$-63,509
2021	$40,875	$117,944	$492,855	$-77,069
2020	$162,568	$156,769	$573,584	$5,799
2019	$38,590	$207,968	$569,146	$-169,378
2018	$348,648	$242,722	$735,559	$105,926

THE COHOES LOCAL DEVELOPMENT CORPORATION