Nonprofit · EIN 16-1264689
DEVELOPMENT CHENANGO CORPORATION
Tax-exempt · NORWICH, NY 13815
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $115,140 | $430,931 | -$315,791 | $3,470,517 | $170,195 | $3,300,322 |
| December 31, 2024 | 990 | $273,121 | $300,858 | -$27,737 | $3,639,705 | $153,873 | $3,485,832 |
| December 31, 2023 | 990 | $252,762 | $332,940 | -$80,178 | $3,655,209 | $168,117 | $3,487,092 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $164,000
- of which government grants
- $164,000
- Program service revenue
- $130,111
- Investment income
- -$163,205
- Net rental income
- -$15,766
- Net gain from sales of assets
- -$269,648
- Other revenue
- -$15,766
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $29,202
- Travel
- $4,014
- Depreciation
- $26,191
- Program services (functional)
- $303,054
- Management and general (functional)
- $127,877
Balance sheet and other
- Total assets, start of year
- $3,639,705
- Total assets, end of year
- $3,470,517
- Total liabilities, end of year
- $170,195
- Net assets, end of year
- $3,300,322
- Land, buildings and equipment
- $391,707
- Publicly traded securities
- $2,005,411
- Net assets without donor restrictions
- $3,300,322
- Gross receipts
- $691,679
- Employees
- 0
- Volunteers
- 17
- Year formed
- 1966
- 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 |
|---|---|---|---|---|
| SALVATORE TESTANI | Executive Dir. Trustee or director, Officer | 40 | $0 | $89,252 |
| RC WOODFORD | Director Trustee or director | 0.5 | $0 | $0 |
| ERIK SCRIVENER | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| KURT EDWARDS | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| ADAM SPENCE | Director Trustee or director | 0.5 | $0 | $0 |
| SARAH CASSCLES | Director Trustee or director | 0.5 | $0 | $0 |
| MARK SILVANIC | Director Trustee or director | 0.5 | $0 | $0 |
| PHIL WADE | Director Trustee or director | 0.5 | $0 | $0 |
| DIANE SCALZO | Director Trustee or director | 0.5 | $0 | $0 |
| JULIA MILLER | Director Trustee or director | 0.5 | $0 | $0 |
| ED COATES | Director Trustee or director | 0.5 | $0 | $0 |
| CHRIS KISACKY | Director Trustee or director | 0.5 | $0 | $0 |
| JARED BARTLE | Director Trustee or director | 0.5 | $0 | $0 |
| LUKE MURPHY | Director Trustee or director | 0.5 | $0 | $0 |
| KECIA BURTON | Director Trustee or director | 0.5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFERY BLANCHARD | Director Trustee or director | 0.5 | $0 |
| GRANT BRIGHTMAN | Director Trustee or director | 0.05 | $0 |
| MIKE FLANAGAN | Chairman Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SALVATORE TESTANI | Executive Dir. Officer | 40 | $0 | $105,000 |
| MIKE FLANAGAN | Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| SHANE BUTLER | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| ERIK SCRIVENER | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| KURT EDWARDS | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| ADAM SPENCE | Director Trustee or director | 0.5 | $0 | $0 |
| PETE KOMENDAREK | Director Trustee or director | 0.5 | $0 | $0 |
| MARCI RIDDELL | Director Trustee or director | 0.5 | $0 | $0 |
| PHIL WADE | Director Trustee or director | 0.5 | $0 | $0 |
| DIANE SCALZO | Director Trustee or director | 0.5 | $0 | $0 |
| JULIA MILLER | Director Trustee or director | 0.5 | $0 | $0 |
| ED COATES | Director Trustee or director | 0.5 | $0 | $0 |
| CHRIS KISACKY | Director Trustee or director | 0.5 | $0 | $0 |
| MARY BRANHAM | Director Trustee or director | 0.5 | $0 | $0 |
| LUKE MURPHY | Director Trustee or director | 0.5 | $0 | $0 |
| BRIAN BURTON | Director Trustee or director | 0.5 | $0 | $0 |
| JEFFERY BLANCHARD | Director Trustee or director | 0.5 | $0 | $0 |
| BRIAN BURTON | CHAIRMAN IDA Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SALVATORE TESTANI | EXECUTIVE DIRECTOR Officer | 20 | $0 | $96,540 | $16,323 |
| TERRY POTTER | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| SHEILA MARSHMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHANE BUTLER | DIRECTOR/VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PETE KOMENDAREK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PERRY DEWEY | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| PEGI LOPRESTI | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| MIKE FLANAGAN | DIRECTOR/CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MELISSA STAGNARO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARY BRANHAM | VICE CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARTY ELDRED | TREASURER (PART YEAR) Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LUKE HALBERG | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KENNETH SMITH | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| JULIA MILLER | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN HINMAN | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER TELESKY | CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GEORGE SENECK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CLIFF OLIN | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTINE MCAVOY PAUL | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| BRIAN DOLIVER | DIRECTOR (PART YEAR) Trustee or director | 0.5 | $0 | $0 | $0 |
| BRIAN BURTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ERIK SCRIVENER | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LUKE MURPHY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KURT EDWARDS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PHIL WADE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SCOTT RYAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TYLER OLIVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCI RIDDELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 19 EAST MAIN STREET, NORWICH, NY 13815-1835
- Principal officer (990 for 2025)
- MIKE FLANAGAN, 19 EAST MAIN STREET, NORWICH, NY 13815
- Signed the 990
- MIKE FLANAGAN, Chairman
- Phone
- (607) 334-1400
- Website
- WWW.CHENANGONY.ORG
- Return prepared by
- Mostert Manzanero & Scott LLP
Mission
To promote and coordinate economic development in Chenango County through education and technical assistance, business investment, downtown revitalization, and by attracting funding to Chenangos businesses and communities.
Program accomplishments
- DIRECT EXPENDITURES MADE FOR THE PROMOTION OF ECONOMIC DEVELOPMENT IN CHENANGO COUNTY, NEW YORK.Expenses $303,054 · revenue $130,111
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 16-1264689
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $3,470,517
- Income (IRS master file)
- $691,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $115,140 | $430,931 | $3,470,517 | IRS |
| 990 | December 2024 | $273,121 | $300,858 | $3,639,705 | IRS |
| 990 | December 2023 | $252,762 | $332,940 | $3,655,209 | XML |
| 990 | December 2022 | $254,174 | $232,978 | $3,593,362 | 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 16-1264689).
Questions about DEVELOPMENT CHENANGO CORPORATION
- What is the EIN of DEVELOPMENT CHENANGO CORPORATION?
- The employer identification number (EIN) of DEVELOPMENT CHENANGO CORPORATION is 16-1264689.
- Is DEVELOPMENT CHENANGO CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to DEVELOPMENT CHENANGO CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEVELOPMENT CHENANGO CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DEVELOPMENT CHENANGO 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 DEVELOPMENT CHENANGO 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 DEVELOPMENT CHENANGO CORPORATION?
- The 990 for the year ended December 31, 2025 names MIKE FLANAGAN.
- Who are the officers and directors of DEVELOPMENT CHENANGO CORPORATION?
- The 990 for the year ended December 31, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does DEVELOPMENT CHENANGO CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $115,140, expenses of $430,931 and total assets of $3,470,517 at year end.
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All nonprofits in NORWICH · New York · Community improvement and capacity building