Counties of Warren and Washington Civic Development Corporation

Nonprofit profile at a glance

EIN
383853734
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
Glens Falls, NY, USA
Phone
5187931312
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$4,258
Expenses
$2,400
Assets
$66,530
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • JUAN GONZALES (CHAIRMAN)
  • BRIAN CAMPBELL (DIRECTOR)
  • DAN BRUNO (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The counties of warren and Washington cdc is a not-for-profit corporation created to promote, develop, encourage and assist in the construction, expansion, and equipping of 501(c)(3) organizations' facilities in order to advance the job opportunities, general prosperity, and economic welfare of the citizens of warren county and Washington county. The corporation's primary role is to provide financial assistance and incentive to the 501(c)(3), not-for-profit sector in order to maximize capital investment in the economy of warren county and Washington county and to develop opportunities for educational and service-sector job creation and job retention within the counties through the use of its own assets, issuance of qualified 501(c)(3) bonds, tax abatement and private investment.

What it reported doing in 2025

Promoting community and economic development and the creation of jobs in the non-profit and for-profit sectors for the citizens of the counties of warren and Washington, ny, by developing and providing programs for not-for-profit institutions, manufacturing and industrial businesses and other entities to access low interest tax-exempt and non tax-exempt financing for their eligible projects, and undertaking projects and activities with the counties for the purpose of relieving and reducing unemployment, bettering and maintaining job opportunities, carrying on scientific research for the purpose of aiding the counties by attracting new industry or by encouraging the development of, or retention of, an industry in the counties, and lessening the burdens of government and acting in the public interest.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.4%; rating input score 56
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 43.6%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 27.72; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -89.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 13.9% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 56.4% of revenue deployed · 100% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.