UTICA INDUSTRIAL DEVELOPMENT CORP

EIN: 150624945

ROME, NY

Total Revenue
$106,079
Total Expenses
$33,875
Total Assets
$1,239,677
Net Assets
$1,112,300
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NY
Principal Officer
JOHN SNYDER
Phone
3153380393
Tax Period
2024-09-01 to 2025-08-31

UTICA INDUSTRIAL DEVELOPMENT CORP, founded in 1962, is a small nonprofit that reported $106K in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 68% operating margin.

Mission

ENCOURAGE THE EXPANSION OF BUSINESS/INDUSTRIAL AND JOB GROWTH THROUGHOUT ONEIDA COUNTY, NY.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $65,669
Program Service Revenue $33,756
Investment Income $6,654
Other Revenue $0
TOTAL REVENUE $106,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,064
Other Expenses $33,875
TOTAL EXPENSES $33,875

Year-over-Year Comparison

2024 2023 Change
Revenue $106,079 $53,204 +1.0%
Expenses $33,875 $53,641 -0.4%
Net Income $72,204 $-437 -166.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
16
Independent Members
16
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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN SNYDER PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY ANN HALLAK-SERWATKA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SONIA MARTINEZ BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANIE DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW WEIMER BOARD MEMBER 1.00
Director
$0 $0 $0
ZAID ERZAIJ BOARD MEMBER 1.00
Director
$0 $0 $0
GABRIELLA MARCHESANI BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA POTTER BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM BURBACK BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM KLINE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN LIVINGSTON BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
GARY SCALZO BOARD MEMBER 1.00
Director
$0 $0 $0
PHILIP WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN LOUGHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS BASHANT BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY FITZGERALD SECRETARY 1.00
Officer
$0 $0 $0
SHAWNA PAPLE TREASURER 1.00
Officer
$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 $106,079 $33,875 $1,239,677 $72,204
2024 $53,204 $53,641 $1,178,371 $-437
2023 $81,694 $56,995 $1,177,526 $24,699
2022 $80,733 $65,149 $1,096,517 $15,584
2021 $174,314 $62,106 $1,061,598 $112,208
2020 $33,428 $45,309 $898,317 $-11,881
2019 $67,043 $85,183 $915,516 $-18,140
2018 $49,935 $69,049 $963,886 $-19,114
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