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NYBDC LOCAL DEVELOPMENT CORPORATION

EIN 26-4032355 LATHAM, NY

Revenue 2024
$13,082,282
Expenses 2024
$8,743,530

Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S30
Classification
1000
Street
19 BRITISH AMERICAN BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

TO ASSIST SMALL BUSINESS IN THE ACQUISITION OF REAL PROPERTY, AND CONSTRUCTION, RENOVATION OR OTHER IMPROVEMENTS THEREON, AND THEREBY PROMOTE AND ENCOURAGE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE STATE OF NEW YORK; TO ENCOURAGE AND ASSIST IN THE LOCATION OF NEW BUSINESS AND INDUSTRY IN THE STATE OF NEW YORK; AND TO PROVIDE FINANCING TO BOTH NEW AND EXISTING BUSINESSES AND INDUSTRY; AND TO CREATE AND RETAIN JOBS WITHIN THE STATE OF NEW YORK.

  • 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 UNEMPLOYMENT, PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM EMPLOYMENT, AID COMMUNITIES IN NYS BY ENCOURAGING THE DEVELOPMENT AND/OR RETENTION OF INDUSTRY. THE CORPORATION CONTINUES TO EVOLVE AND OFFER A WIDE RANGE OF FINANCIAL AND BUSINESS ADVISORY SERVICES TO SMALL BUSINESSES IN NEW YORK STATE AND IS NOW OPERATING UNDER THE NAME PURSUIT COMMUNITY FINANCE.

    Expenses $7,003,680 · Revenue $5,893,993

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CHRIS LEVY

    CEO

    Total calculated
    $462,308
    From this org
    $0
    From related orgs
    $462,308
    Other
    $0
    Hours/week
    13

    Schedule J breakdown matched by us

    Base
    $0 + $462,308 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $462,308 related

  • GREGG BISHOP

    DIRECTOR

    Total calculated
    $2,870
    From this org
    $2,870
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • BRUCE BOYEA

    DIRECTOR

    Total calculated
    $2,620
    From this org
    $2,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • JOHN WITKOWSKI

    DIRECTOR

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • JAMES BYRNES

    DIRECTOR

    Total calculated
    $2,620
    From this org
    $2,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • PATRICK MACKRELL

    DIRECTOR

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MISCHAEL PUGH

    DIRECTOR

    Total calculated
    $2,370
    From this org
    $2,370
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • SONYA SMITH

    DIRECTOR

    Total calculated
    $2,370
    From this org
    $2,370
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • OWEN BURNS

    EXECUTIVE VP & CFO

    Total calculated
    $305,039
    From this org
    $0
    From related orgs
    $305,039
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $305,039 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $305,039 related

  • STEVEN R COHEN

    PRSIDENT

    Total calculated
    $308,656
    From this org
    $308,656
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $308,656
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $308,656

  • SHERRI FALCK

    ASSISTANT VICE PRESIDENT

    Total calculated
    $130,420
    From this org
    $130,420
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

  • PAOLA GARCIA

    VICE PRESIDENT

    Total calculated
    $143,661
    From this org
    $143,661
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

  • BRAD SEADER

    VICE PRESIDENT

    Total calculated
    $178,792
    From this org
    $178,792
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $178,792
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $178,792

  • DAVID HANOLD

    VICE PRESIDENT & CHIEF L

    Total calculated
    $178,565
    From this org
    $0
    From related orgs
    $178,565
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0 + $178,565 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $178,565 related

  • MALINI KRISHNA

    VICE PRESIDENT

    Total calculated
    $120,462
    From this org
    $120,462
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

  • ZACHARY LAJEUNESSE

    VICE PRESIDENT

    Total calculated
    $62,460
    From this org
    $0
    From related orgs
    $62,460
    Other
    $0
    Hours/week
    37.5

  • WESLEY SLYKE

    VICE PRESIDENT

    Total calculated
    $133,141
    From this org
    $133,141
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

  • LEO ZHANG

    VICE PRESIDENT

    Total calculated
    $113,194
    From this org
    $113,194
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $13,082,282
    Expenses
    $8,743,530
    Contributions
    $7,188,289
    Grants paid
    $0
  • 2023
    Revenue
    $7,795,997
    Expenses
    $8,416,318
    Contributions
    $3,156,332
    Grants paid
    $0
  • 2022
    Revenue
    $12,326,838
    Expenses
    $7,890,484
    Contributions
    $7,492,632
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $11,401,541
    Expenses
    $5,645,203
    Assets (EOY)
    $39,799,179

  • 2020 · 990

    Revenue
    $11,667,987
    Expenses
    $5,667,337
    Assets (EOY)
    $56,551,282

  • 2019 · 990

    Revenue
    $12,475,914
    Expenses
    $6,852,196
    Assets (EOY)
    $44,737,388

  • 2018 · 990

    Revenue
    $7,883,666
    Expenses
    $7,171,175
    Assets (EOY)
    $54,120,697

  • 2017 · 990

    Revenue
    $7,157,453
    Expenses
    $6,801,586
    Assets (EOY)
    $54,808,384

  • 2016 · 990

    Revenue
    $6,540,351
    Expenses
    $5,950,269
    Assets (EOY)
    $27,057,490

  • 2015 · 990

    Revenue
    $2,038,264
    Expenses
    $2,528,506
    Assets (EOY)
    $22,718,082

  • 2014 · 990

    Revenue
    $1,373,417
    Expenses
    $1,067,366
    Assets (EOY)
    $21,563,496

  • 2013 · 990

    Revenue
    $1,600,479
    Expenses
    $1,158,611
    Assets (EOY)
    $8,568,289

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $738,977
    Assets (EOY)
    $13,248,679

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.