Hamburg, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hamburg Development Corporation, founded in 1986, is a micro nonprofit in the Community Improvement sector that reported $13K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 11% operating deficit.
The stated purposes of the Corporation are to stimulate reinvestment in the residential, commercial and industrial areas situated in the Town of Hamburg through a partnership of residents and members of the business communities of the Corporation's Geographic Area, representatives of local government and financial institutions, and other interested persons, working together through a professionally staffed, non-profit organization.
THE CORPORATION IS RESPONSIBLE FOR STIMULATING REINVESTMENT IN THE RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL AREAS WITHIN THE TOWN OF HAMBURG, NEW YORK. THIS IS ACCOMPLISHED BY FUNDING LOANS TO LOCAL...
THE CORPORATION IS RESPONSIBLE FOR STIMULATING REINVESTMENT IN THE RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL AREAS WITHIN THE TOWN OF HAMBURG, NEW YORK. THIS IS ACCOMPLISHED BY FUNDING LOANS TO LOCAL BUSINESSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $12,954 | $16,655 | -0.2% |
| Expenses | $14,372 | $15,038 | 0.0% |
| Net Income | $-1,418 | $1,617 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NICHOLAS LORD | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| JOE GUNNING | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| SEAN BUFFUM | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| JEFF LEYONMARK | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MARLON KERNER | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| JIM ZIEMER | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| RYAN GANNON | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| EVAN MALONEY | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIE DOMON-PAYZCH | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| NICOLE MCKILLEN | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| BRIAN ATTEA | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| SEAN DOYLE | Executive Director | 10.00 |
Director
|
$0 | $0 | $0 |
| OLIVIA HILL | President | 2.00 |
Officer
|
$0 | $0 | $0 |
| JEFF HALAS | President - Elect | 2.00 |
Officer
|
$0 | $0 | $0 |
| MOLLY GEORGER | Secretary / Treasurer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $12,954 | $14,372 | $560,649 | $-1,418 |
| 2024 | $16,655 | $15,038 | $562,067 | $1,617 |
| 2023 | $14,518 | $13,103 | $560,450 | $1,415 |
| 2022 | $18,564 | $30,874 | $563,002 | $-12,310 |
| 2021 | $14,108 | $91,206 | $575,312 | $-77,098 |
| 2020 | $13,109 | $16,414 | $652,410 | $-3,305 |
| 2019 | $20,343 | $14,432 | $655,715 | $5,911 |
| 2018 | $12,271 | $6,955 | $649,804 | $5,316 |
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