SENECA NATION OF INDIANS ECONOMIC DEVELOPMENT COMPANY

SALAMANCA, NY | Cattaraugus County
Economic Development

Overview

SENECA NATION OF INDIANS ECONOMIC DEVELOPMENT COMPANY
16-1448788
90 OHIYO WAY
SALAMANCA, NY 14779
Cattaraugus County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S30

S - Community Improvement, Capacity Building

Economic Development

Organizations whose primary purpose is to stimulate the economy, expand employment opportunities, encourage the establishment and growth of commerce and industry and otherwise enhance the economic development of the community.

IRS Activity Codes info
400
Area development, redevelopment of renewal
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
12/13/2013
Native American CDFI info
Y
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $1,000,000 CDFI Rapid Response Program (COVID-19) open_in_new Seneca Nation of Indians Economic Development Company
2015 $600,000 Native American CDFI Financial Assistance open_in_new Seneca Nation of Indians Economic Development Company
2018 $200,000 Native American CDFI Financial Assistance open_in_new Seneca Nation of Indians Economic Development Company
2017 $150,000 Native American CDFI Technical Assistance open_in_new Seneca Nation of Indians Economic Development Company
2019 $125,000 Native American CDFI Technical Assistance open_in_new Seneca Nation of Indians Economic Development Company

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1995-01
Deductibility Status info
Deductible
Last Tax Filing info
Not required to file by IRS
Organization Type info
Association
Organization Tax Filing Status info
990 - Not required to file (instrumentalities of states or political subdivisions)
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
No IRS 990 returns are available for this nonprofit.

Nonprofit Location

Physical Address info
90 OHIYO WAY
SALAMANCA, NY 14779
Cattaraugus County
Area Type info
Micropolitan Statistical Area
FIPS Geocoded Address info
NA
MSA/MD info
36
State info
009
County info
9403.01
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
36460 - Olean, NY
Combined Statistical Area info
160 - Buffalo-Cheektowaga-Olean, NY
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 49.62%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
9403.01 Cattaraugus County
Population
Total Population 3,136 77,000
Total Households 1,082 31,491
Income
Median Family Income (Census*) $35,625 $56,889
Median Family Income (2023 FFIEC est.) $83,700 $83,700
Tract Income Percentage 51.61% N/A
Below Poverty Level 34.1% 17.4%
Unemployment Level 8.7% 5.4%
Housing
Total Housing Units 1,324 40,254
Total Owner-Occupied Units 42.8% 73.7%
Total Renter-Occupied Units 38.9% 26.3%
Total Vacant Units 18.3% 7.9%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is not available as the nonprofit did not e-file their tax return. As such, the hyphens (“-“) in this section indicate that the information was not available.

PDFs of this nonprofit's tax filings are included in the IRS Summary section above, when available from the IRS.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.