2019-02-22T08:05:11-06:00 2018-08-31 475324570 INSERO & CO CPAS LLP 401 E STATE STREET SUITE 500 ITHACA NY 14850 990 2017-09-01 222482535 BINGHAMTON LOCAL DEVELOPMENT CORPORATION BING 6077727161 CITY HALL - 4TH FLOOR BINGHAMTON NY 13901 JOHN SARACENO PRESIDENT 6077727161 2019-02-20 1 DUANE SHOEN P00503316 6072724444 98.159.211.134 2019-02-20 06:51:55 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 BCEACE9A735E692F06B05E4E410769C0F2EA83B4 2017 2019-02-21 02:37:17Z JOHN SARACENO CITY HALL - 4TH FLOOR BINGHAMTON NY 13901 382711 0 X WWW.CITYOFBINGHAMTON.COM X 1982 NY TO FURTHER SUSTAINABLE ECONOMIC DEVELOPMENT IN THE CITY OF BINGHAMTON BY ATTRACTING NEW BUSINESS, RETAINING AND GROWING ESTABLISHED BUSINESS, BUILDING INDUSTRIAL AND COMMERCIAL CAPACITY, PROMOTING EMPLOYMENT, AND FOSTERING ENTREPRENEURSHIP AND INNOVATION. 10 10 0 12 0 0 403476 290235 41812 91104 851 1372 0 0 446139 382711 70014 40733 0 0 0 0 0 0 0 263102 267895 333116 308628 113023 74083 3826138 3845123 113156 58058 3712982 3787065 TO FURTHER SUSTAINABLE ECONOMIC DEVELOPMENT IN THE CITY OF BINGHAMTON BY ATTRACTING NEW BUSINESS, RETAINING AND GROWING ESTABLISHED BUSINESS, BUILDING INDUSTRIAL AND COMMERCIAL CAPACITY, PROMOTING EMPLOYMENT, AND FOSTERING ENTREPRENEURSHIP AND INNOVATION. 0 0 219329 40733 91104 TO FURTHER SUSTAINABLE ECONOMIC DEVELOPMENT IN THE CITY OF BINGHAMTON BY ATTRACTING NEW BUSINESS, RETAINING AND GROWING ESTABLISHED BUSINESS, BUILDING INDUSTRIAL AND COMMERCIAL CAPACITY, PROMOTING EMPLOYMENT, AND FOSTERING ENTREPRENEURSHIP AND INNOVATION. 219329 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LESLEY CORNWALL 6077727161 CITY HALL - 4TH FLOOR BINGHAMTON NY 13901 JOHN SARACENO PRESIDENT/TREASURER 1.00 X X 0 0 0 KENNETH FRANK DIRECTOR 1.00 39.00 X 0 83300 31351 CHRIS PAPASTRAT DIRECTOR (PART YEAR) 1.00 4.00 X 0 9000 1413 RON SALL SECRETARY 1.00 X X 0 0 0 ARTHUR SMITH VICE PRESIDENT 1.00 X X 0 0 0 MARY JACYNA DIRECTOR 1.00 X 0 0 0 CLARENCE SHAGER DIRECTOR/TREASURER 1.00 39.00 X X 0 84820 30677 PER STROMHAUG DIRECTOR 1.00 X 0 0 0 RICHARD DAVID DIRECTOR 1.00 39.00 X 0 67879 17894 JULIET BERLING DIRECTOR 1.00 39.00 X 0 49828 25757 DANI CRONCE DIRECTOR (PART YEAR) 1.00 4.00 X 0 9000 803 BETSY KOFFMAN DIRECTOR 1.00 X 0 0 0 ROBERT MURPHY EXECUTIVE DIRECTOR 4.00 36.00 X 0 67961 13270 0 371788 121165 0 0 0 0 0 290235 290235 MISCELLANEOUS 900099 61484 61484 LOAN INTEREST INCOME 900099 29620 29620 91104 1372 1372 382711 91104 0 1372 40733 40733 15858 10572 5286 26036 17357 8679 PAYROLL REIMBURSEMENT 176583 117722 58861 MISCELLANEOUS EXPENSES 39545 26363 13182 FACILITIES, PERSONNEL, 9873 6582 3291 308628 219329 89299 0 60366 46407 2488690 2463456 127250 45750 1012878 1152556 136954 136954 136954 3826138 3845123 113156 3284 54774 113156 58058 X 35579 48001 3677403 3739064 3712982 3787065 3826138 3845123 74083 0 X X 0 1 X 1 0 X 313462 441883 307054 403476 290235 1756110 313462 441883 307054 403476 290235 1756110 1756110 1265 688 696 851 1372 4872 1760982 366184 0.99720 0.99760 X 136954 136954 136954 382711 0 382711 0 382711 308628 0 308628 0 308628 1 BROOME COMMUNITY COLLEGE 901 UPPER FRONT STREET BINGHAMTON NY 13901 161393336 40733 TO FUND CERTAIN PROGRAMS TO PROVIDE INTENSIVE COMMUNITY-BASED MANAGEMENT AND TECHNICAL ASSISTANCE. PRIMARILY TARGETED TO MINORITY GROUP MEMBERS, WOMEN AND INDIVIDUALS WITH A DISABILITY WHO ARE SEEKING TO START OR ARE STARTING BUSINESS VENTURES IN THE PROJECT AREA 1 0 PART I, LINE 2: THE ORGANIZATION REQUIRES GRANT RECIPIENTS TO SUBMIT BOTH QUARTERLY ACTIVITY REPORTS AND QUARTERLY FINANCIAL REPORTS, AS WELL AS FINAL ACTIVITY REPORTS AND FINAL FINANCIAL REPORTS. THE FINAL ACTIVITY REPORTS ARE REQUIRED TO BE SUBMITTED 30 DAYS FOLLOWING THE DATE OF TERMINATION OF THE GRANT AND INCLUDES A DETAILED EVALUATION OF THE RECIPIENTS' ACTIVITIES PURSUANT TO THE GRANT. THE FINAL FINANCIAL REPORTS ARE ALSO REQUIRED TO BE SUBMITTED 30 DAYS FOLLOWING THE DATE OF TERMINATION OF THE GRANT AND MUST BE PREPARED BY A CPA OR LICENSED PUBLIC ACCOUNTANT. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS AND NON-VOTING MEMBERS ARE APPOINTED BY THE MAYOR FOR 2 YEAR TERMS, EXCEPT TWO CITY COUNCIL MEMBERS WHO SERVE AS DIRECTORS ON A 1 YEAR TERM THROUGH THEIR APPOINTMENT BY THE CITY COUNCIL PRESIDENT. FORM 990, PART VI, SECTION A, LINE 7B THE CITY COUNCIL APPROVES THE OPERATING BUDGET AND LOANS OF MORE THAN $25,000. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISCUSSED AND REVIEWED ANNUALLY. ALL MEMBERS SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY CONFLICTS ARE DISCLOSED AT EACH MEETING BEFORE DISCUSSIONS BEGIN ON THE TOPIC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS FOR AUDIT OVERSIGHT AND AUDITOR SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR. CITY OF BINGHAMTON 38 HAWLEY STREET BINGHAMTON NY 13901 156000404 GOVERNMENT NY BLDC IS A COMPONENT UNIT OF BINGHAMTON 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0