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. Development of community based projects using public/private partnership model to promote economic development to benefit the City of Olean and surrounding area. Promote redevelopment, revitalization and reuse of Bradner Stadium as a multi-use recreational/cultural facility.
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.