Cortland County Business Development
THE CORTLAND COUNTY BUSINESS DEVELOPMENT CORPORATION SEEKS TO IMPROVE THE QUALITY OF LIFE IN CORTLAND COUNTY BY RETAINING AND EXPANDING EXISTING JOB OPPORTUNITIES, ATTRACTING NEW JOBS, AND STIMULATING THE INVESTMENT OF CAPITAL IN THE COUNTY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+8.2% YoY
Annual Giving
$10K
-93.3% YoY
Grant Count
1
-92.9% YoY
Avg Grant Size
$10K
-6.3% YoY
About Cortland County Business Development
Based on IRS filings
Cortland County Business Development is a nonprofit organization, based in CORTLAND, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $30K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,342,764 | $1,240,629 | $1,368,610 |
| Revenue | $646,229 | $777,252 | $959,128 |
| Expenses | $511,445 | $734,038 | $1,022,300 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $30,491 | $13,740 | $24,054 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bru 64 ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRU 64 CORTLAND, NY | SMALL BUSINESS EXPANSION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL MCMAHON | CHAIRMAN | 2 | — |
| STEPHEN COMPAGNI | VICE CHAIRMAN | 1 | — |
| CLINT BROOKS | SECRETARY | 1 | — |
| JOHANNA AMES | DIRECTOR | 1 | — |
| PAUL DRIES | DIRECTOR | 1 | — |
| JASON HAGE | DIRECTOR | 1 | — |
| KATHLEEN BURKE | DIRECTOR | 1 | — |
| GERALD CONTENTO JR | DIRECTOR | 1 | — |
| DON RICHARDS | DIRECTOR | 1 | — |
| ROBERT EDWARDS | DIRECTOR | 1 | — |
| AMY KREMENEK | DIRECTOR | 1 | — |
| DEBORAH HAYDEN | TREASURER | 1 | — |
| RENEE NEIDERMAN | DIRECTOR | 1 | — |
| BRENDAN O'BRYAN | EXECUTIVE DIRECTOR | 40 | $120,065 |
Frequently Asked Questions
How large is Cortland County Business Development?
As of 2024, Cortland County Business Development holds $1.3M in total assets with $646K in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Cortland County Business Development operate?
Cortland County Business Development has awarded grants in New York.
What size grants does Cortland County Business Development award?
In 2024, Cortland County Business Development awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Cortland County Business Development's EIN?
Cortland County Business Development's EIN (Employer Identification Number) is 16-1461027. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cortland County Business Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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