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New York · Nonprofit

SCHOHARIE ECONOMIC ENTERPRISE CORPORATION

SCHOHARIE ECONOMIC ENTERPRISE CORPORATION (New York) receives grants from 3 organizations whose IRS filings report $623,000 to it, the largest being STERLING INSURANCE COMPANY FOUNDATION 008132 ($526,000). 3 of them have funded it in more than one year.

Revenue FY2024
$894k
Funders on record
3
Grants received
$623k
Net assets
$1.7M
3/3 repeat funderspeak grant-dependency 33%
01What it does

What Schoharie Economic Enterprise Corporation does

Mission

The Schoharie Economic Enterprise Corporation (SEEC), formed in 2019, is a not-for-profit organization dedicated to economic development in Schoharie County by promoting, fostering and encouraging the development of business enterprises to combat declines in the regions workforce, overall population, and median household income. SEEC is supported by donations from various corporations, business leaders, and individuals.

As stated on its FY2024 Form 990.

Programs

  1. Business retention and expansion (BR&E) - BR&E is programming intended to help focus the energies of community stakeholders on the economic assets that already exist in the County, making businesses stronger and more resilient over time. SEEC is identifying, designing, and implementing strategies that can help strengthen existing businesses and industries through its BR&E efforts.

    $264,506 spent
    62% of program spending
  2. Forums - SEEC Prosperity Forums are cohosted by strategic alliances to cultivate common ground, generate creativity, discuss possibilities, find solutions, and mobilize investment in Schoharie County. SEEC hosts a series of Forums annually to advance economic and community vitality.

    $90,441 spent
    21% of program spending
  3. Grant support - SEEC is focused on securing more capital resources to advance local economic and community development priorities. SEEC will work with businesses and municipal partners to identify, apply, and administer federal, state and local grants that may directly result in job creation and capital investment. SEEC is prequalified at the state and federal level as an approved grant administrator.

    $69,507 spent
    16% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $424,454.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($709k) Expenses 100 ($43k) Net assets 100 ($666k)2020 Revenue 78 ($553k) Expenses 710 ($305k) Net assets 137 ($915k)2021 Revenue 91 ($646k) Expenses 734 ($315k) Net assets 187 ($1.2M)2022 Revenue 54 ($383k) Expenses 1095 ($470k) Net assets 174 ($1.2M)2023 Revenue 70 ($497k) Expenses 990 ($425k) Net assets 185 ($1.2M)2024 Revenue 126 ($894k) Expenses 1103 ($473k) Net assets 248 ($1.7M)
201920202021202220232024
Revenue (126)Expenses (1103)Net assets (248)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.3M to $1.8M (+46%).

$668k
$939k
$1.3M
$1.4M
$1.3M
$1.8M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

87% of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (94% for the typical peer).

This organization
Typical peer · 3,373 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$666k
’19
$248k
’20
$330k
’21
−$86k
’22
$72k
’23
$421k
’24
7.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Thomas O Putnam

Executive chair

As listed on its FY2024 Form 990.

201920202021202220232024
Listed666669
Joined·+0+0+0+0+3
No longer listed·00000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $115k → $101k.

From the IRS filings of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SCHOHARIE ECONOMIC ENTERPRISE CORPORATION leans on a few funders — its largest provides 84% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

84%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 87% · 2020 100% · 2021 77% · 2022 80% · 2023 75% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SCHOHARIE ECONOMIC ENTERPRISE CORPORATION runs a healthier operating margin than three-quarters of the 2,974 food & nutrition nonprofits its size.

Operating margin47% · top quartile
Months of reserve7.6mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,974 food & nutrition nonprofits $100k–$1M, FY2024

Government funding SCHOHARIE ECONOMIC ENTERPRISE CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25k on record.

Federal$25k
grants $25kcontracts $0
Top agencies
  • Appalachian Regional Commission$25k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SCHOHARIE ECONOMIC ENTERPRISE CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

21%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for SCHOHARIE ECONOMIC ENTERPRISE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SCHOHARIE ECONOMIC ENTERPRISE CORPORATION?
SCHOHARIE ECONOMIC ENTERPRISE CORPORATION (New York) receives grants from 3 organizations whose IRS filings report $623,000 to it, the largest being STERLING INSURANCE COMPANY FOUNDATION 008132 ($526,000). 3 of them have funded it in more than one year.
How many funders does SCHOHARIE ECONOMIC ENTERPRISE CORPORATION have?
IRS filings report 3 organizations giving $623,000 in grants to SCHOHARIE ECONOMIC ENTERPRISE CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of SCHOHARIE ECONOMIC ENTERPRISE CORPORATION?
STERLING INSURANCE COMPANY FOUNDATION 008132 is the largest funder on record, with $526,000 in grants. The full list of funders is on this page.
How can an organization like SCHOHARIE ECONOMIC ENTERPRISE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Schoharie Economic Enterprise →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing