Public Charity

OLEAN BUSINESS DEVELOPMENT CORPORATION

OLEAN BUSINESS DEVELOPMENT CORPORATION, of OLEAN, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.4M in revenue, $1.0M in expenses, $3.0M in total assets. 2 publicly reported grants to this organization, totaling roughly $856K, appear in IRS filings.

EIN: 455371087 OLEAN, NY Latest filing: 2025
Total Revenue$1.4M
Total Expenses$1.0M
Total Assets$3.0M
Grant Records2
Funding Total$856K
Filing Years2021–2025

Mission

To benefit youth through mentoring and skills development; to benefit families by creating a connection to community leaders, resources, and service opportunities; to benefit small businesses by providing training, coaching, resource connections, networking, and collaboration; and to benefit the community by retention of youth, supporting the development of a better prepared labor force, encouraging stronger businesses, and improving regional economic conditions.

Officers & Directors

PRESIDENT/CEO Bob Forness
Director Brent Driscoll
Director Corey Wiktor
Secretary Daniel Demarte
Past Chair James E Stitt
Director Kirk Windus

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESKILLING INITATIVE
$702,667 1 grant
GENERAL SUPPORT
$153,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.4M $1.0M $3.0M
2024 $1.8M $920K $3.1M
2023 $925K $834K $2.0M
2022 $710K $816K $1.9M
2021 $500K $341K $1.9M

Between 2021 and 2025, reported annual revenue grew from $500K to $1.4M (+182%), with total assets most recently reported at $3.0M.

Interactive year-over-year charts and full filing details available with membership.

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