ARDEN LOCAL DEVELOPMENT CORPORATION C/O J ANESI ORMC

EIN: 261190656 501(c)(3)

MIDDLETOWN, NY

Total Revenue
N/A
Total Expenses
$161,660
Total Assets
N/A
Net Assets
N/A
🔒

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
2007
Legal Domicile
NY
Principal Officer
JOSEPH M ANESI
Phone
8455655400
Tax Period
2023-01-01 to 2023-03-31

Mission

TO RELIEVE AND REDUCE UNEMPLOYMENT, TO PROMOTE AND TO PROVIDE FOR ADDITIONAL AND MAXIMUM EMPLOYMENT, TO BETTER AND MAINTAIN JOB OPPORTUNITIES, TO AID THE COMMUNITY OF ORANGE COUNTY, NEW YORK, BY ATTRACTING BUSINESS AND INDUSTRY TO THE COMMUNITY AND BY ENCOURAGING THE DEVELOPMENT OF, OR RETENTION OF, BUSINESS AND INDUSTRY IN THE COMMUNITY, AND TO LESSEN THE BURDENS OF GOVERNMENT AND TO ACT IN THE PUBLIC INTEREST, THUS PERFORMING AN ESSENTIAL GOVERNMENTAL FUNCTION.

Program Service Accomplishments

Program 1
Expenses: $100,000

ACTIVITY FACILITATES THE CHARITABLE AND PUBLIC PURPOSES FOR WHICH THE CORPORATION WAS FORMED BY AIDING AND SUPPORTING A REGIONAL MEDICAL CENTER PROJECT AND UNDERTAKING WITHIN THE COMMUNITY OF ORANGE...

Read more

ACTIVITY FACILITATES THE CHARITABLE AND PUBLIC PURPOSES FOR WHICH THE CORPORATION WAS FORMED BY AIDING AND SUPPORTING A REGIONAL MEDICAL CENTER PROJECT AND UNDERTAKING WITHIN THE COMMUNITY OF ORANGE COUNTY, NEW YORK, AND SERVES TO ATTRACT AND ENCOURAGE THE DEVELOPMENT OF BUSINESS AND INDUSTRY IN THE COMMUNITY. MAJOR EXPENSE IS ADMINISTRATION FEES.

Program 2

N/A

Program 3

N/A

🔒

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 (2022)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $100,000
Other Expenses $61,660
TOTAL EXPENSES $161,660

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $1,200 -1.0%
Expenses $161,660 $4,923,107 -1.0%
Net Income N/A $-4,921,907 N/A
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
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH M ANESI PRESIDENT 0.00
Officer Director
$0 $0 $0
JAMES GRIGG TREASURER & CFO 0.00
Officer Director
$0 $0 $0
GERARD DUNLAVEY SECRETARY & DIRECTOR 0.00
Director
$0 $0 $0
RICHARD ROWLEY DIRECTOR 0.00
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
2023 No data $161,660 No data No data
2022 $1,200 $4,923,107 $161,910 $-4,921,907
2021 $416,959 $467,867 $5,083,817 $-50,908
2020 $499,511 $664,357 $5,134,725 $-164,846
2019 $499,511 $664,357 $5,299,571 $-164,846
2018 $499,511 $664,357 $5,464,417 $-164,846
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ARDEN LOCAL DEVELOPMENT CORPORATION C/O J ANESI ORMC 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.