Nonprofit · EIN 14-1598275
ULSTER COUNTY DEVELOPMENT CORPORATION
Tax-exempt · KINGSTON, NY 12402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $44,232 | $77,081 | -$32,849 | $12,300,530 | $10,741,467 | $1,559,063 |
| December 31, 2024 | 990 | $220,210 | $275,403 | -$55,193 | $12,340,668 | $10,748,756 | $1,591,912 |
| December 31, 2023 | 990 | $945,662 | $1,002,822 | -$57,160 | $12,476,778 | $10,829,673 | $1,647,105 |
| December 31, 2022 | 990 (amended) | $2,033,507 | $1,989,500 | $44,007 | $7,177,637 | $5,473,372 | $1,704,265 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $501
- Investment income
- $43,716
- Other revenue
- $15
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $24,520
- Management and general (functional)
- $77,081
Balance sheet and other
- Total assets, start of year
- $12,340,668
- Total assets, end of year
- $12,300,530
- Total liabilities, end of year
- $10,741,467
- Net assets, end of year
- $1,559,063
- Net assets without donor restrictions
- $1,559,063
- Gross receipts
- $44,232
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1964
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KEVIN LYNCH | CEO/PRESIDENT Officer | 1 | $0 | $107,818 | $16,597 |
| CHRISTOPHER R JAROS | CFO (1/1/2025 - 10/31/2025) Officer | 11 | $0 | $104,797 | $13,836 |
| CJ RIOUX | CFO (AS OF 11/17/2025) Officer | 11 | $0 | $19,147 | $2,171 |
| HERBERT LITTS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $18,000 | $0 |
| MEGAN SPERRY | SECRETARY Trustee or director, Officer | 1 | $0 | $18,000 | $0 |
| DR GREGORY SIMPSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WARD TODD | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTOPHER CERONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRIAN CAHILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LESLIE WELLINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTOPHER R JAROS | CFO Officer | 11 | $0 | $101,891 | $15,616 |
| KEVIN LYNCH | CEO/PRESIDENT Officer | 1 | $0 | $101,187 | $16,190 |
| HERBERT LITTS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $16,000 | $0 |
| CHRISTOPHER CERRONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WARD TODD | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN CAHILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NEJLA LIIAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DR GREGORY SIMPSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN SPERRY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AMANDA LAVALLE | CEO/PRESIDENT Officer | 1 | $0 | $135,496 | $33,709 |
| CHRISTOPHER R JAROS | CFO Officer | 11 | $0 | $55,469 | $8,958 |
| HERBERT LITTS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $16,000 | $0 |
| DR GREGORY SIMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER CERRONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WARD TODD | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN CAHILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ZAC KLEINHANDLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SARAH HALEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIM WEIDEMAN | CEO/PRESIDENT Officer | 1 | $0 | $102,956 | $22,033 |
| ADAM KOROL | CFO Trustee or director, Officer | 11 | $0 | $94,591 | $10,885 |
| BRIAN CAHILL | DIRECTOR Trustee or director | 1 | $0 | $14,000 | $0 |
| HERBERT LITTS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $14,000 | $0 |
| SARAH HALEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WARD TODD | SECRETARY & TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ASHLEY KNOX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ZAC KLEINHANDLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD DIORIO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1800, KINGSTON, NY 12402-1800
- In care of
- % CJ RIOUX
- Principal officer (990 for 2025)
- WARD TODD, PO BOX 1800 244 FAIR STREET, KINGSTON, NY 12402
- Signed the 990
- WARD TODD, TREASURER
- Phone
- (845) 340-3556
- Website
- ULSTERCOUNTYNY.GOV
- Return prepared by
- EFPR ADVISORY LLC
Mission
ULSTER COUNTY ECONOMIC DEVELOPMENT ALLIANCE PROMOTES JOB GROWTH, ECONOMIC DEVELOPMENT, AND COMMUNITY REVITALIZATION FOR ULSTER COUNTY AND PROVIDES BUSINESS FINANCING.
Program accomplishments
- 2025 ACCOMPLISHMENTS INCLUDE PROMOTION OF ECONOMIC DEVELOPMENT IN ULSTER COUNTY THROUGH BUSINESS ATTRACTION MARKETING CAMPAIGN AND AID TO SMALL BUSINESS. THE ORGANIZATION ALSO SERVES AS THE ADMINISTRATOR OF THE ULSTER COUNTY REVOLVING LOAN FUNDS.revenue $516
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1598275
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S310)
- Assets (IRS master file)
- $12,300,530
- Income (IRS master file)
- $44,232
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $44,232 | $77,081 | $12,300,530 | XML |
| 990 | December 2024 | $220,210 | $275,403 | $12,340,668 | XML |
| 990 | December 2023 | $945,662 | $1,002,822 | $12,476,778 | XML |
| 990 | December 2022 | $2,033,507 | $1,989,500 | $7,177,637 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1598275).
Questions about ULSTER COUNTY DEVELOPMENT CORPORATION
- What is the EIN of ULSTER COUNTY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ULSTER COUNTY DEVELOPMENT CORPORATION is 14-1598275.
- Is ULSTER COUNTY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to ULSTER COUNTY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ULSTER COUNTY DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ULSTER COUNTY DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ULSTER COUNTY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ULSTER COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names WARD TODD.
- Who are the officers and directors of ULSTER COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does ULSTER COUNTY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $44,232, expenses of $77,081 and total assets of $12,300,530 at year end.
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All nonprofits in KINGSTON · New York · Community improvement and capacity building