Cattaraugus Development Corporation
Nonprofit profile at a glance
- EIN
- 161117827
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Olean, NY, USA
- Phone
- 7163722550
- Rating confidence
- Limited
- Sector
- Housing Support
Reported finances
- Revenue
- $181,498
- Expenses
- $138,930
- Assets
- $218,886
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ROSANNE LARSEN (Executive Director)
People named in this filing
- ROSANNE LARSEN (Executive Director)
- ALAN SILLIKER (Chairman)
- DARWIN KING (Vice Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Administration of housing programs in cattaraugus count
What it reported doing in 2020
Administration of housing choice voucher program which is hud rental assistance program currently serves approximately 300 units
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.5%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 37.5%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.1% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 26.6% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2018 to 2020
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 12/100.