Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
17 people listed on the 990; $62K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Meme Yanetsko | $9,854 | $77,538 | $61,984 | $62,976 | $61,936 |
| Christine Pecherzewski | $30,751 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Greater Olean INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Helps communities and economies grow and thrive.
Questions for Greater Olean INC
Your first name shows with your question. Greater Olean INC answers here, for everyone.
Economic Development
Promote economic development among new and existing businesses. Includes providing support for the operation of economic development zone.
Tanf Services
Under contract with cattaraugus county, an on-the-job training program is operated to increase the skills of area residents.
Promotion & Marketing
Through special events and advertising campaigns, pursue economic development and revitilization in the olean area.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $712K | $908K |
| Land, buildings, equipmentLn 10c | $33K | $26K |
| Total assetsLn 16 | $888K | $1.0M |
| LiabilitiesLn 26 | $434K | $650K |
| Net assetsLn 32 | $454K | $373K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $50 | |||
| Pay of current officers, directors and key staffLn 5 | $70K | |||
| Other salaries and wagesLn 7 | $124K | |||
| Pension plan contributionsLn 8 | $3K | |||
| Other employee benefitsLn 9 | $15K | |||
| Payroll taxesLn 10 | $17K | |||
| Accounting feesLn 11c | $12K | |||
| Advertising and promotionLn 12 | $41K | |||
| Office expensesLn 13 | $33K | |||
| OccupancyLn 16 | $28K | |||
| TravelLn 17 | $198 | |||
| Conferences, conventions and meetingsLn 19 | $10K | |||
| Depreciation, depletion and amortizationLn 22 | $15K | |||
| InsuranceLn 23 | $4K | |||
| Other expenses (24a–d)Ln 24 | $121K | |||
| Total functional expensesLn 25 | $494K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 17, 2025 | $476K | $487K | −$11K | $432K | 990 PDF |
| FY2023Filed with the IRS Nov 15, 2024 | $497K | $516K | −$19K | $442K | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $649K | $493K | $156K | $461K | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $525K | $594K | −$69K | $304K | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 15, 2021 | $413K | $494K | −$81K | $373K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $412,804 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 2 to look at
Part VIII · Statement of revenue $412,804 across 5 lines filed
Part IX · Statement of functional expenses $493,533 across 15 lines filed
Part X · Balance sheet $1,023,896 assets, 15 lines filed
Part XI · Reconciliation of net assets $373,471 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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