THE VICTOR LOCAL DEVELOPMENT CORPORATION

EIN: 161610973 Community Improvement

VICTOR, NY

Total Revenue
$405,925
Total Expenses
$420,411
Total Assets
$162,759
Net Assets
$139,517
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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
1999
Legal Domicile
NY
Phone
5857425073
Tax Period
2019-01-01 to 2019-12-31

THE VICTOR LOCAL DEVELOPMENT CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $406K in total revenue in fiscal year 2019.

Mission

Downtown revitalization and economic development

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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 (2019)

Revenue Breakdown

Contributions & Grants $405,925
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $405,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $389,925
Other Expenses $420,411
TOTAL EXPENSES $420,411

Year-over-Year Comparison

2019 2018 Change
Revenue $405,925 N/A N/A
Expenses $420,411 N/A N/A
Net Income $-14,486 N/A N/A
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
7
Independent Members
N/A
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Liz Biehler Vice President 2.00
Director
$0 $0 $0
Scott Thon Director 2.00
Director
$0 $0 $0
Mike Guinan Director 2.00
Director
$0 $0 $0
Rebecca Melton President 2.00
Director
$0 $0 $0
Kathleen Rayburn Exec Director 40.00
Director
$0 $0 $0
Vince Pettrone Director 2.00
Director
$0 $0 $0
Tedd Rund Jr Director 2.00
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
2019 $405,925 $420,411 $162,759 $-14,486
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