Troy Local Development Corporation
THE TROY LOCAL DEVELOPMENT CORPORATION, A PRIVATE NOT-FOR-PROFIT CORPORATION, WAS ESTABLISHED IN 1987 FOR THE PURPOSES OF CONSTRUCTING, ACQUIRING, REHABILITATING, AND IMPROVING BUILDINGS OR SITES IN THE CITY OF TROY, AND TO ASSIST FINANCIALLY IN THE CONSTRUCTION, ACQUISITION, REHABILITATION, AND IMPROVEMENT OF BUILDING OR SITES WITHIN THE CITY, AND TO FOSTER EMPLOYMENT OPPORTUNITIES FOR TROY RESIDENTS, INCLUDING BUSINESS RETENTION AND ATTRACTION, AND JOB CREATION AND RETENTION. THE TLDC ALSO SERVES AS A LIAISON WITH FEDERAL, STATE AND OTHER LOCAL AUTHORITIES WITH RESPECT TO DISSEMINATING INFORMATION AND OFFERING TECHNICAL ADVICE. THE TLDC HAS THE AUTHORITY TO ACQUIRE REAL OR PERSONAL PROPERTY BY PURCHASE OR LEASE, BORROW FUNDS, PROVIDE FINANCIAL ASSISTANCE, AND ISSUE NEGOTIABLE BONDS, NOTES AND OTHER OBLIGATIONS.
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Organization Overview
Grants Given by Year
Grants Received by Year
This organization also receives grants. See Funding Received below for details.
IRS Classification Codes
The National Taxonomy of Exempt Entities (NTEE) code is a four digit code used to classify an exempt IRC 501(c)(3) organization.
Subsection Codes are the codes shown under section 501(c) of the Internal Revenue Code of 1986 which define the category under which an organization may be exempt.
Asset Codes relate to the amount of assets shown on the most recent Form 990 series return filed by the organization.
Affiliation Code defines the organizational grouping.
Deductibility Code signifies whether contributions made to an organization are deductible.
Funding Received
Verified from IRS Form 990 Schedule I filings by this organization's funders - 1 grant from 1 funder, 2020.
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