Mohawk Valley Economic Development

Community development organization based in Mohawk, NY. 10 employees. Exempt under §501(c)(3).

MissionTO PROVIDE STAFF SUPPORT TO EXPAND REGION AND/OR RETAIN BUSINESS/INDUSTRY RELOCATION WITHIN THE REGION.

EIN
16-0926180
State
NY
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$961K
Total revenue
$914K
Total expenses
$2.2M
Net assets

Financial health · TY 2024

86
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
26.7 months of expenses
Program efficiency
90
86% spent on programs
Revenue diversity
50
Mix of program fees, grants & contributions

Leadership compensation

Stephen Smith
EXECUTIVE DIRECTOR
$136,318
80th percentile vs. peers

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Mohawk Valley Economic Development Executive Compensation | 990 Data | DoubleNine