Mission
SEE SCHEDULE O
Public Charity
NYBDC LOCAL DEVELOPMENT CORPORATION
NYBDC LOCAL DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in LATHAM, NY. Its most recent IRS filing (2025) reports revenue of $13.1M, expenses of $8.7M, total assets of $53.0M. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $3.8M.
EIN: 264032355
LATHAM, NY
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$13.1M
Total Expenses$8.7M
Total Assets$53.0M
Grant Records11
Funding Total$3.8M
Filing Years2021–2025
Where $100 goes at Nybdc Local Development Corporation
How Nybdc Local Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$86
Programs
the work itself
$14
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $86 for programs
$86
The corporation makes loans to small businesses on terms that would not be reasonably available from commercial lenders doing business in nys in order to: relieve and reduce…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$25,000
OPERATING SUPPORT
$18,750
SUPPORT LENDING AND EDUCATION SERVICES TO UNDERSERVED SMALL BUSINESSES
$50,000
OPERATING SUPPORT
$18,750
Business Financial Assistance Program
$225,257
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Brad Seader
DIRECTOR
Bruce Boyea
CEO
Chris Levy
VICE PRESIDENT & CHIEF L
David Hanold
DIRECTOR
Gregg Bishop
DIRECTOR
James Byrnes
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $13.1M | $8.7M | $53.0M |
| 2024 | $7.8M | $8.4M | $50.7M |
| 2023 | $12.3M | $7.9M | $46.5M |
| 2022 | $11.4M | $5.6M | $39.8M |
| 2021 | $11.7M | $5.7M | $56.6M |
Between 2021 and 2025, reported annual revenue grew from $11.7M to $13.1M (+12%), with total assets most recently reported at $53.0M.
Interactive year-over-year charts and full filing details available with membership.