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Watertown Local Development Corporation

  • Watertown, NY
  • Tax-exempt since June 1984
  • EIN: 16-1199439

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
$760k (2023)

Expenses
$1.06M (2023)

Total Assets
$9.71M (2023)

Total Liabilities
$286k (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
$759,545
Expenses
$1,060,489
Net Income
-$300,944
Net Assets
$9,429,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $379,290
49.9%
Program Services $222,538
29.3%
Investment Income $96,522
12.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,977
2.0%
Net Inventory Sales $0
Other Revenue $46,218
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,708
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,714,987
Total Liabilities $285,822
Net Assets $9,429,165
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $103,336 $0 $59,102
Kylee Mcgrath (Cfo) $52,379 $0 $12,928
Jeffrey Smith (President) $0 $0 $0
Michael Pierce (Director) $0 $0 $0
Dave Zembiec (Vice President) $0 $0 $0
Charles Capone (Treasurer/Secretary) $0 $0 $0
Dawn Cole (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,647
Expenses
$544,652
Net Income
-$156,005
Net Assets
$9,579,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $47,945
12.3%
Program Services $189,579
48.8%
Investment Income $97,507
25.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,018
Net Inventory Sales $0
Other Revenue $65,634
16.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $155,138
28.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,579,121
Total Liabilities $0
Net Assets $9,579,121
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $99,940 $0 $54,661
Kylee Mcgrath (Cfo) $50,200 $0 $12,549
Jeffrey Smith (President) $0 $0 $0
Michael Pierce (Director) $0 $0 $0
Dave Zembiec (Vice President) $0 $0 $0
Charles Capone (Treasurer/Secretary) $0 $0 $0
Dawn Cole (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,962
Expenses
$833,865
Net Income
-$263,903
Net Assets
$10,149,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $108,763
19.1%
Program Services $196,715
34.5%
Investment Income $110,173
19.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $34,267
6.0%
Net Inventory Sales $0
Other Revenue $120,044
21.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,054
18.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,149,008
Total Liabilities $0
Net Assets $10,149,008
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $101,239 $0 $53,419
Kylee Mcgrath (Cfo) $48,815 $0 $12,220
Jeffrey Smith (President) $0 $0 $0
Michael Pierce (Director) $0 $0 $0
Dave Zembiec (Vice President) $0 $0 $0
Charles Capone (Treasurer/Secretary) $0 $0 $0
Melinda Gault (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$523,278
Expenses
$601,879
Net Income
-$78,601
Net Assets
$10,364,453
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,232
12.5%
Program Services $254,797
48.7%
Investment Income $118,806
22.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,749
0.9%
Net Inventory Sales $0
Other Revenue $79,694
15.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $135,190
22.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,372,173
Total Liabilities $7,720
Net Assets $10,364,453
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $93,283 $0 $50,867
Kylee Mcgrath (Cfo) $37,961 $0 $11,750
Jeffrey Smith (President) $0 $0 $0
Michael Pierce (Director) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Charles Capone (Treasurer/Secretary) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 16, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$500,027
Expenses
$455,798
Net Income
$44,229
Net Assets
$10,355,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $300,797
60.2%
Investment Income $133,711
26.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $19,674
3.9%
Net Inventory Sales $0
Other Revenue $45,845
9.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $154,454
33.9%
Assets/Debt
Total Assets $10,398,443
Total Liabilities $43,020
Net Assets $10,355,423
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $91,511 $0 $50,388
Kim Taylor (Cfo) $44,976 $0 $34,185
Kylee Mcgrath (Executive Assistant) $11,750 $0 $0
Jeffrey Smith (President) $0 $0 $0
Michael Pierce (Director) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Charles Capone (Treasurer/Secretary) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 23, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$490,861
Expenses
$781,812
Net Income
-$290,951
Net Assets
$10,068,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $312,393
63.6%
Investment Income $123,930
25.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,545
Net Inventory Sales $0
Other Revenue $65,083
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,780
20.8%
Assets/Debt
Total Assets $10,076,641
Total Liabilities $8,207
Net Assets $10,068,434
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $87,223 $0 $49,736
Kim Taylor (Cfo) $48,660 $0 $33,836
Joseph Butler (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Secretary) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Roanne Dermady (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 17, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,276
Expenses
$479,049
Net Income
-$20,773
Net Assets
$10,509,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $304,313
66.4%
Investment Income $0
Bond Proceeds $111,796
24.4%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,776
0.8%
Net Inventory Sales $0
Other Revenue $38,391
8.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $165,179
34.5%
Assets/Debt
Total Assets $10,517,232
Total Liabilities $8,006
Net Assets $10,509,226
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $76,643 $0 $46,207
Kim Taylor (Cfo) $44,060 $0 $36,428
Joseph Butler (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Secretary) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Roanne Dermady (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 6, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$477,285
Expenses
$382,700
Net Income
$94,585
Net Assets
$10,462,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $302,627
63.4%
Investment Income $106,238
22.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,475
2.0%
Net Inventory Sales $0
Other Revenue $58,945
12.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $153,700
40.2%
Assets/Debt
Total Assets $10,475,396
Total Liabilities $13,324
Net Assets $10,462,072
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $82,421 $0 $45,932
Kim Taylor (Cfo) $44,741 $0 $36,195
Joseph Butler (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Secretary) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Roanne Dermady (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
Michael Lumbis (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 27, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$438,608
Expenses
$642,191
Net Income
-$203,583
Net Assets
$10,417,004
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $298,818
68.1%
Investment Income $109,842
25.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$15,390
Net Inventory Sales $0
Other Revenue $45,338
10.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $151,927
23.7%
Assets/Debt
Total Assets $10,422,580
Total Liabilities $5,576
Net Assets $10,417,004
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $85,904 $0 $41,232
Jeffrey Graham (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Secretary) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Roanne Dermady (Director) $0 $0 $0
Kenneth Mix (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Stephen Hunt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 3, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$424,319
Expenses
$357,617
Net Income
$66,702
Net Assets
$10,664,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $311,566
73.4%
Investment Income $85,450
20.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,251
Net Inventory Sales $0
Other Revenue $37,554
8.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $149,593
41.8%
Assets/Debt
Total Assets $10,668,569
Total Liabilities $4,530
Net Assets $10,664,039
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $87,376 $0 $41,232
Jeffrey Graham (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Secretary) $0 $0 $0
Erika Flint (Vice President) $0 $0 $0
Roann Dermady (Director) $0 $0 $0
Kenneth Mix (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Rose Anne Murphy (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$436,495
Expenses
$368,198
Net Income
$68,297
Net Assets
$10,567,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $328,400
75.2%
Investment Income $71,605
16.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,490
8.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $164,356
44.6%
Assets/Debt
Total Assets $10,571,543
Total Liabilities $3,939
Net Assets $10,567,604
Compensation
Key Employees and Officers Compensation Related Other
Don Rutherford (Ceo) $95,000 $0 $0
Jeffrey Graham (President) $0 $0 $0
Jeffrey Fallon (Treasurer/Se) $0 $0 $0
Erika Flint (Vice Preside) $0 $0 $0
Roann Dermady (Director) $0 $0 $0
Kenneth Mix (Director) $0 $0 $0
Donald Alexander (Director) $0 $0 $0
Rose Anne Murphy (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 5, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$478,676
Expenses
$570,809
Net Income
-$92,133
Net Assets
$10,538,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $323,488
67.6%
Investment Income $87,587
18.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,601
3.9%
Net Inventory Sales $0
Other Revenue $49,000
10.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $31,084
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $27,275
4.8%
Assets/Debt
Total Assets $10,552,856
Total Liabilities $14,522
Net Assets $10,538,334

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$483,537
Expenses
$564,800
Net Income
-$81,263
Net Assets
$10,591,920
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $339,904
70.3%
Investment Income $80,256
16.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $36,066
7.5%
Net Inventory Sales $0
Other Revenue $27,311
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,593,968
Total Liabilities $2,048
Net Assets $10,591,920

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

Which Organizations Are Here?

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated