OLEAN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OLEAN LOCAL DEVELOPMENT CORPORATION, founded in 2006, is a micro nonprofit in the Community Improvement sector that reported $43K in total revenue in fiscal year 2023. Revenue surged 1363% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 35% operating margin.
The redevelopment of Bradner Stadium as a multi sport, multi recreational event center as well as the development of other community based projects by using a public private partnership model to promote economic development to benefit the Olean and surrounding area.
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting...
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting process and the system of risk assessment and internal controls over financial reporting; and (2) provide an avenue of communication between management, the independent auditors, the internal auditors, and the board of directors
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting...
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting process and the system of risk assessment and internal controls over financial reporting; and (2) provide an avenue of communication between management, the independent auditors, the internal auditors, and the board of directors
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting...
The purpose of the audit committee shall be to (1) assure that the authority's board fulfills its responsibilities for the authority's internal and external audit process, the financial reporting process and the system of risk assessment and internal controls over financial reporting; and (2) provide an avenue of communication between management, the independent auditors, the internal auditors, and the board of directors
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $42,969 | $2,938 | +13.6% |
| Expenses | $27,872 | $1,541 | +17.1% |
| Net Income | $15,097 | $1,397 | +9.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVE CARUCCI | PRESIDENT | 1 |
Director
|
$0 | $0 | $0 |
| COLLEEN TAGGERTY | VICE PRESIDENT | 1 |
Director
|
$0 | $0 | $0 |
| MEME YANETSKO | TREASURER | 1 |
|
$0 | $0 | $0 |
| GENELLE MORRIS | OSCD SUPERINTENDENT | 1 |
Officer
|
$0 | $0 | $0 |
| JOHN CRAWFORD | COUNCIL PRESIDENT | 1 |
Officer
|
$0 | $0 | $0 |
| ADAM CASHMERE | MEMBER | 1 |
Officer
|
$0 | $0 | $0 |
| ROBERT THOMPSON | DIRECTOR OF PUBLIC WORK | 1 |
Officer
|
$0 | $0 | $0 |
| JOHN HART | CITY ATTORNEY | 1 |
Officer
|
$0 | $0 | $0 |
| WILLIAM AIELLO | MAYOR | 1 |
Officer
|
$0 | $0 | $0 |
| LENS MARTIAL | CITY AUDITOR | 1 |
Officer
|
$0 | $0 | $0 |
| KERI KERPER | CD PROGRAM COORDINATOR | 3 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $42,969 | $27,872 | $181,435 | $15,097 |
| 2023 | $2,938 | $1,541 | $205,360 | $1,397 |
| 2022 | $217,599 | $215,837 | $203,963 | $1,762 |
Compare OLEAN LOCAL DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.