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Employer Identification Number 16-1475745

SOUTHERN TIER ECONOMIC DEVELOPMENT is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SOUTHERN TIER ECONOMIC DEVELOPMENT
Employer identification number (EIN):16-1475745
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementSOUTHERN TIER ECONOMIC DEVELOPMENT, INC., WAS FORMED TO REDUCE UNEMPLOYMENT, PROMOTE JOB OPPORTUNITIES BY ATTRACTING INDUSTRY TO THE SOUTHERN TIER OF NEW YORK STATE, TO ENCOURAGE THE DEVELOPMENT OF INDUSTRY IN THE COMMUNITY AND LESSEN THE BURDEN OF GOVERNMENT, THUS PERFORMING AN ESSENTIAL GOVERNMENTAL FUNCTION.
Number of Employees0
Year Formed1995

Organization Governance

Legal DomicileNY
Voting Members - Governing Body6
Voting Members - Independent6

Organization Financials

2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ -9,273,577
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 0
Net assets / fund balances at end of fiscal yearUSD $ -8,552,910
Net assets / fund balances at beginning of fiscal yearUSD $ -7,769,421
Total liabilities at end of fiscal yearUSD $ 8,553,000
Total liabilities at beginning of fiscal yearUSD $ 17,228,819
Total assets at end of fiscal yearUSD $ 90
Total assets at beginning of fiscal yearUSD $ 9,459,398
Revenues less expenses for current yearUSD $ -9,459,262
Revenues less expenses for previous yearUSD $ -342,803
Total expenses for current yearUSD $ 185,685
Total expenses for previous yearUSD $ 342,803
Other expenses in current yearUSD $ 185,685
Other expenses in previous yearUSD $ 342,803
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ -9,273,577
Contributions and grants from current yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 0
Net assets / fund balances at end of fiscal yearUSD $ -7,769,421
Net assets / fund balances at beginning of fiscal yearUSD $ -7,426,618
Total liabilities at end of fiscal yearUSD $ 17,228,819
Total liabilities at beginning of fiscal yearUSD $ 17,228,819
Total assets at end of fiscal yearUSD $ 9,459,398
Total assets at beginning of fiscal yearUSD $ 9,802,201
Revenues less expenses for current yearUSD $ -342,803
Revenues less expenses for previous yearUSD $ -342,802
Total expenses for current yearUSD $ 342,803
Total expenses for previous yearUSD $ 347,788
Other expenses in current yearUSD $ 342,803
Other expenses in previous yearUSD $ 347,788
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 0
Total revenue in previous fiscal yearUSD $ 4,986
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 4,986

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 161475745

USA Mailing Address
C/O SAYLES EVANS 1 W CHURCH ST
ELMIRA
NY
14901
Date first seen: 2008-01-01
Date last seen: 2024-09-30

EIN Events

Event Date Event description
2023-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2023
2022-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2022
2021-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2021
2020-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2020
2019-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2019

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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