LOCAL DEVELOPMENT CORPORATION OF THE TOWN OF UNION

EIN: 222855945 501(c)(3)

ENDWELL, NY

Total Revenue
$282,629
Total Expenses
$244,978
Total Assets
$2,374,710
Net Assets
$2,126,208
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
JOSEPH MOODY
Phone
6077862945
Tax Period
2025-01-01 to 2025-12-31

LOCAL DEVELOPMENT CORPORATION OF THE TOWN OF UNION, founded in 1982, is a small nonprofit that reported $283K in total revenue in fiscal year 2025. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $245K left a modest 13% surplus.

Mission

THE ORGANIZATION'S MISSION IS THER CREATION/RETENTION OF PERMANENT JOBS BY SUPPLEMENTING PRIME LENDER LOANS AND ENABLING PROJECTS THAT REQUIRE ADDITIONAL LOW-COST FUNDING THROUGH LOANS AND/OR GRANTS.

Program Service Accomplishments

Program 1
Expenses: $188,238 Revenue: $19,970

PROGRAM OFFERS LOW COST FINANCING AND GRANTS TO ACCOMPLISH ITS PURPOSE OF AIDING THE TOWN OF UNION IN THE GROWTH, DEVELOPMENT AND RETENTION OF BUSINESS CONCERNS AND EMPLOYMENT.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $241,494
Program Service Revenue $19,970
Investment Income $21,165
Other Revenue $0
TOTAL REVENUE $282,629

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $124,838
Fundraising Expenses $0
Program Expenses $188,238
Other Expenses $20,140
TOTAL EXPENSES $244,978

Year-over-Year Comparison

2025 2024 Change
Revenue $282,629 $758,021 -0.6%
Expenses $244,978 $718,683 -0.7%
Net Income $37,651 $39,338 0.0%
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

Sign In

Governance

Voting Members
7
Independent Members
7
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
$127,723
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN TRICHKA PRESIDENT 0.50
Officer Director
$0 $0 $0
TIMOTHY STRONG VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
JEFFREY L'AMOREAUX TREASURER 0.50
Officer Director
$0 $0 $0
GARY LEIGHTON DIRECTOR 0.50
Director
$0 $0 $0
MARY O'MALLEY-TRUMBLE DIRECTOR 0.50
Director
$0 $0 $0
JAMES PEDUTO DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY WARD DIRECTOR 0.50
Director
$0 $0 $0
JOSEPH MOODY EXECUTIVE DIRECTOR 5.00
Officer
$0 $54,912 $127,723
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 $282,629 $244,978 $2,374,710 $37,651
2024 $758,021 $718,683 $2,428,677 $39,338
2023 $1,437,870 $1,390,674 $3,153,216 $47,196
2022 $149,358 $119,946 $3,544,533 $29,412
2021 $147,894 $668,834 $2,014,566 $-520,940
2020 $138,451 $136,749 $2,535,353 $1,702
2019 $141,359 $114,821 $2,530,926 $26,538
2018 $137,583 $114,801 $2,499,943 $22,782
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LOCAL DEVELOPMENT CORPORATION OF THE TOWN OF UNION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.