GENESEE VALLEY IMPROVEMENT CORPORATION

EIN: 222642706

BELMONT, NY

Total Revenue
$335,132
Total Expenses
$295,263
Total Assets
$652,149
Net Assets
$80,916
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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
1985
Legal Domicile
NY
Principal Officer
LESLEY GOOCH-CHRISTMAN
Phone
5852687605
Tax Period
2025-03-01 to 2026-02-28

GENESEE VALLEY IMPROVEMENT CORPORATION, founded in 1985, is a small nonprofit that reported $335K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $295K left a modest 12% surplus.

Mission

GVIC'S PURPOSE IS TO OWN PROPERTY, COLLECT INCOME AND PROVIDE INCOME/ASSISTANCE TO ACCORD, IN ADDITION, PROVIDE LOW-INCOME HOUSING FOR QUALIFIED INDIVIDUALS AND FAMILIES AS WELL AS RENT PROGRAM OFFICE SPACE AT COST TO ACCORD SERVICE PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $259,263 Revenue: $320,010

GVIC'S PURPOSE IS TO OWN PROPERTY, COLLECT INCOME AND PROVIDE INCOME/ASSISTANCE TO ACCORD, IN ADDITION, PROVIDE LOW-INCOME HOUSING FOR QUALIFIED INDIVIDUALS AND FAMILIES AS WELL AS RENT PROGRAM...

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GVIC'S PURPOSE IS TO OWN PROPERTY, COLLECT INCOME AND PROVIDE INCOME/ASSISTANCE TO ACCORD, IN ADDITION, PROVIDE LOW-INCOME HOUSING FOR QUALIFIED INDIVIDUALS AND FAMILIES AS WELL AS RENT PROGRAM OFFICE SPACE AT COST TO ACCORD SERVICE PROGRAMS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $11,750
Program Service Revenue $320,010
Investment Income $29
Other Revenue $3,343
TOTAL REVENUE $335,132

Expense Breakdown

Grants Paid $4,278
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $259,263
Other Expenses $290,985
TOTAL EXPENSES $295,263

Year-over-Year Comparison

2025 2024 Change
Revenue $335,132 $267,941 +0.3%
Expenses $295,263 $322,076 -0.1%
Net Income $39,869 $-54,135 -1.7%
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
4
Independent Members
4
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
5
$259,094
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY DICKERSON PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH DAMIANO VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MICHAEL MILLER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
NICK DAVIS DIRECTOR 1.00
Director
$0 $0 $0
LESLEY CHRISTMAN EXECUTIVE DIRECTOR 1.00
Officer
$0 $46,000 $149,977
LORRAINE HARMON C.F.O. 1.00
Officer
$0 $8,956 $109,117
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
2026 $335,132 $295,263 $652,149 $39,869
2025 $267,941 $322,076 $525,185 $-54,135
2024 $304,310 $245,913 $543,746 $58,397
2023 $330,724 $388,067 $487,097 $-57,343
2022 $364,147 $306,712 $693,269 $57,435
2021 $311,460 $295,559 $653,338 $15,901
2020 $330,371 $312,953 $660,414 $17,418
2019 $359,393 $283,822 $661,596 $75,571
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