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Saratoga Economic Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$966k (2023)

Expenses
$735k (2023)

Total Assets
$1.12M (2023)

Total Liabilities
$44k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$965,781
Expenses
$734,691
Net Income
$231,090
Net Assets
$1,074,890
Notable Sources of Revenue Percent of Total Revenue
Contributions $283,677
29.4%
Program Services $604,076
62.5%
Investment Income $4,566
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $73,276
7.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $186
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $227,696
31.0%
Professional Fundraising Fees $0
Other Salaries and Wages $125,793
17.1%
Assets/Debt
Total Assets $1,118,885
Total Liabilities $43,995
Net Assets $1,074,890
Compensation
Key Employees and Officers Compensation Related Other
Tori Riley (Acting Presi) $175,389 $0 $20,818
J Gregory Connors (President) $52,308 $0 $2,201
David Collins (Director) $0 $0 $0
Doug Ford (Vice Chairma) $0 $0 $0
Cindy Hollowood (Director) $0 $0 $0
Charles Wait Jr (Director) $0 $0 $0
Zachary Manz (Director) $0 $0 $0
John Munter (Chairman) $0 $0 $0
Michael Relyea (Secretary) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Ryan Shaw (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$890,217
Expenses
$703,070
Net Income
$187,147
Net Assets
$843,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $477,579
53.6%
Program Services $310,860
34.9%
Investment Income $266
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $63,612
7.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $37,900
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,636
22.4%
Professional Fundraising Fees $0
Other Salaries and Wages $189,426
26.9%
Assets/Debt
Total Assets $872,200
Total Liabilities $28,400
Net Assets $843,800
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $157,636 $0 $19,255
Doug Ford (Treasurer/Se) $0 $0 $0
Cindy Hollowood (At Large) $0 $0 $0
Tom Longe (Vice Chairma) $0 $0 $0
Zachary Manz (Director) $0 $0 $0
John Munter (Chairman) $0 $0 $0
Michael Relyea (Director) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Steve Seaboyer (Assistant Tr) $0 $0 $0
Ryan Shaw (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$938,652
Expenses
$685,758
Net Income
$252,894
Net Assets
$656,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $394,049
42.0%
Program Services $489,742
52.2%
Investment Income $67
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $48,083
5.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,711
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $142,028
20.7%
Professional Fundraising Fees $0
Other Salaries and Wages $197,854
28.9%
Assets/Debt
Total Assets $682,637
Total Liabilities $25,984
Net Assets $656,653
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $142,028 $0 $17,697
Doug Ford (Treasurer/Se) $0 $0 $0
Cindy Hollowood (At Large) $0 $0 $0
Tom Longe (Vice Chairma) $0 $0 $0
John Munter (Chairman) $0 $0 $0
Michael Relyea (Director) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Steve Seaboyer (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$536,815
Expenses
$709,152
Net Income
-$172,337
Net Assets
$403,759
Notable Sources of Revenue Percent of Total Revenue
Contributions $358,598
66.8%
Program Services $163,534
30.5%
Investment Income $187
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $5,975
1.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,521
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $142,065
20.0%
Professional Fundraising Fees $0
Other Salaries and Wages $193,575
27.3%
Assets/Debt
Total Assets $479,273
Total Liabilities $75,514
Net Assets $403,759
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $142,065 $0 $16,707
Doug Ford (Treasurer/Se) $0 $0 $0
Cindy Hollowood (At Large) $0 $0 $0
Tom Longe (Vice Chairma) $0 $0 $0
John Munter (Chairman) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Steve Seaboyer (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$342,804
Expenses
$705,531
Net Income
-$362,727
Net Assets
$576,096
Notable Sources of Revenue Percent of Total Revenue
Contributions $275,369
80.3%
Program Services $40,722
11.9%
Investment Income $583
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $15,208
4.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,922
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $144,759
20.5%
Professional Fundraising Fees $0
Other Salaries and Wages $154,206
21.9%
Assets/Debt
Total Assets $592,693
Total Liabilities $16,597
Net Assets $576,096
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $144,759 $0 $16,914
Angelo Calbone (Director) $0 $0 $0
Doug Ford (Assistant Tr) $0 $0 $0
Cindy Hollowood (At Large) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
John Munter (Vice Chair) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$435,083
Expenses
$763,101
Net Income
-$328,018
Net Assets
$938,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $321,552
73.9%
Program Services $89,316
20.5%
Investment Income $975
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $15,496
3.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,744
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $139,243
18.2%
Professional Fundraising Fees $0
Other Salaries and Wages $207,049
27.1%
Assets/Debt
Total Assets $964,745
Total Liabilities $25,922
Net Assets $938,823
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $139,243 $0 $16,638
Cindy Hollowood (At Large) $0 $0 $0
Angelo Calbone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
John Munter (Vice Chair) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Doug Ford (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$381,467
Expenses
$629,665
Net Income
-$248,198
Net Assets
$1,266,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $205,682
53.9%
Program Services $171,543
45.0%
Investment Income $880
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$5,059
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,421
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $139,243
22.1%
Professional Fundraising Fees $0
Other Salaries and Wages $160,427
25.5%
Assets/Debt
Total Assets $1,294,691
Total Liabilities $27,850
Net Assets $1,266,841
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $139,243 $0 $16,297
Cindy Hollowood (At Large) $0 $0 $0
Angelo Calbone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Joseph Dragone (Director) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
John Munter (Vice Chair) $0 $0 $0
Kimberly Finnigan (Director) $0 $0 $0
Tom Samascott (Director) $0 $0 $0
Doug Ford (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,457,129
Expenses
$932,680
Net Income
$524,449
Net Assets
$1,515,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,353,659
92.9%
Program Services $91,279
6.3%
Investment Income $1,357
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,834
0.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $139,243
14.9%
Professional Fundraising Fees $177,370
19.0%
Other Salaries and Wages $181,549
19.5%
Assets/Debt
Total Assets $1,555,409
Total Liabilities $40,370
Net Assets $1,515,039
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $139,243 $0 $16,838
Cindy Hollowood (Vice Chair) $0 $0 $0
Angelo Calbone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Joseph Dragone (Director) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
John Munter (Director) $0 $0 $0
Kimberly Finnigan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,422
Expenses
$944,095
Net Income
-$301,673
Net Assets
$990,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $382,306
59.5%
Program Services $208,566
32.5%
Investment Income $2,587
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $43,390
6.8%
Sales of Assets $3,720
0.6%
Net Inventory Sales $0
Other Revenue $1,853
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $220,078
23.3%
Other Salaries and Wages $186,594
19.8%
Assets/Debt
Total Assets $1,029,906
Total Liabilities $39,316
Net Assets $990,590
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $139,956 $0 $14,790
Cindy Hollowood (Vice Chair) $0 $0 $0
Angelo Calbone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Joseph Dragone (Director) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
John Munter (Director) $0 $0 $0
Kimberly Finnigan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$431,855
Expenses
$725,579
Net Income
-$293,724
Net Assets
$1,292,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $303,147
70.2%
Program Services $71,106
16.5%
Investment Income $3,282
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $54,320
12.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $142,379
19.6%
Professional Fundraising Fees $0
Other Salaries and Wages $190,927
26.3%
Assets/Debt
Total Assets $1,324,356
Total Liabilities $32,093
Net Assets $1,292,263
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $142,379 $0 $15,030
Cindy Hollowood (Vice Chair) $0 $0 $0
Angelo Calbone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer/Se) $0 $0 $0
Joseph Dragone (Director) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Steve Von Schenk (Director) $0 $0 $0
John Munter (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$711,716
Expenses
$709,809
Net Income
$1,907
Net Assets
$1,585,987
Notable Sources of Revenue Percent of Total Revenue
Contributions $378,676
53.2%
Program Services $299,681
42.1%
Investment Income $3,913
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $29,446
4.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $136,592
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $223,173
31.4%
Assets/Debt
Total Assets $1,633,893
Total Liabilities $47,906
Net Assets $1,585,987
Compensation
Key Employees and Officers Compensation Related Other
Dennis Brobston (President) $136,012 $0 $13,259
Cindy Hollowood (Vice Chair) $0 $0 $0
Angelo Clabone (Director) $0 $0 $0
Tom Longe (Chairman) $0 $0 $0
Steve Seaboyer (Treasurer) $0 $0 $0
Joseph W Dalton Jr (Director) $0 $0 $0
Todd Shimkus (Director) $0 $0 $0
Spenser Hellwig (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$780,389
Expenses
$801,814
Net Income
-$21,425
Net Assets
$1,584,080
Notable Sources of Revenue Percent of Total Revenue
Contributions $392,405
50.3%
Program Services $342,753
43.9%
Investment Income $6,973
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $38,258
4.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $135,707
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $287,956
35.9%
Assets/Debt
Total Assets $1,619,390
Total Liabilities $35,310
Net Assets $1,584,080

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,010,564
Expenses
$958,259
Net Income
$52,305
Net Assets
$1,605,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $477,512
47.3%
Program Services $490,894
48.6%
Investment Income $12,212
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $29,946
3.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $131,250
13.7%
Professional Fundraising Fees $0
Other Salaries and Wages $288,782
30.1%
Assets/Debt
Total Assets $1,659,025
Total Liabilities $53,520
Net Assets $1,605,505

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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