Public nonprofit record
WATERTOWN LOCAL DEVELOPMENT CORPORATION
EIN 16-1199439 · Community Improvement & Capacity Building (S31Z)
What they do
THE ORGANIZATIONS MISSION is to FOSTER AN ENVIRONMENT of COOPERATION BETWEEN THE CITY GOVERNMENT, ECONOMIC DEVELOPMENT AGENCIES and THE PRIVATE SECTOR WITH THE GOAL of PROMOTING ECONOMIC EXPANSION and PROSPERITY IN THE CITY of WATERTOWN. MOREOVER, THE ORGANIZATION USES FINANCIAL RESOURCES to LEVERAGE OTHER INVESTMENTS, WITH THE GOAL of JOB CREATION, RETENTION and ELIMINATION of BLIGHT.
Money
Tax year 2025Financial picture
Revenue$455,834
Expenses$322,453
Assets$10,581,345
Income$3,214,639
Grants given$80,000
Average grant$40,000
Management$110,986
Stocks and bonds$2,776,427
Accounting fees$16,589
About this charity
- Recognized since
- January 1984
- Location
- 259 JB WISE PLACE 100, WATERTOWN, NY 13601
- County
- Jefferson
- In care of
- KYLEE MCGRATH
- Primary officer
- KYLEE MCGRATH, CEO
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990
- Tax preparer
- BOWERS ADVISORS LLC
- NTEE classification
- Community Improvement & Capacity Building (S31Z)
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Activity
- 400000000
- Organization
- 1
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