NIAGARA COUNTY DEVELOPMENT CORPORATION (EIN 223169112) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Principal Officer

JASON KREMPA

Phone

7162788760

Tax Period

2025-01-01 to 2025-12-31

NIAGARA COUNTY DEVELOPMENT CORPORATION, founded in 1984, is a small nonprofit that reported $748K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $836K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE ORGANIZATION MAKES LOANS AT FAVORABLE INTEREST RATES TO SMALL BUSINESSES LOCATED IN NIAGARA COUNTY, THUS ENCOURAGING THE STARTUP OF NEW BUSINESSES AND RELOCATION AND EXPANSION OF EXISTING BUSINESSES WITHIN THE COUNTY.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $660,000

Program Service Revenue $1,250

Investment Income $75,203

Other Revenue $11,925

TOTAL REVENUE $748,378

Expense Breakdown

Grants Paid $412,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $583,580

Other Expenses $423,667

TOTAL EXPENSES $835,667

Year-over-Year Comparison

	2025	2024	Change
Revenue	$748,378	$642,385	+0.2%
Expenses	$835,667	$494,239	+0.7%
Net Income	$-87,289	$148,146	-1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK A ONESI	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JASON KREMPA	FIRST VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
WILLIAM L ROSS	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK D BERUBE	ASSISTANT SECRETARY	2.00	Officer Director	$0	$0	$0
WILLIAM FEKETE	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN C LANGDON	DIRECTOR (EFF. JULY 2025)	2.00	Director	$0	$0	$0
RYAN J MAHONEY	DIRECTOR	2.00	Director	$0	$0	$0
DAVID J MASSE	DIRECTOR	2.00	Director	$0	$0	$0
ANNE E MCCAFFREY	DIRECTOR (THRU MAY 2025)	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
2025	$748,378	$835,667	$3,602,075	$-87,289
2024	No data	No data	No data	No data
2023	$498,442	$389,918	$3,250,162	$108,524
2022	$2,090,114	$2,105,040	$3,496,744	$-14,926
2021	$348,794	$228,008	$3,158,453	$120,786
2020	$549,073	$214,392	$3,049,391	$334,681
2019	$78,972	$406,655	$2,695,186	$-327,683
2018	$36,581	$73,622	$3,033,939	$-37,041

NIAGARA COUNTY DEVELOPMENT CORPORATION