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ROME INDUSTRIAL DEVELOPMENT CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ROME INDUSTRIAL DEVELOPMENT CORPORATION (EIN 15-0618024)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-06-26
IRS object ID
202501779349300425
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-06-26T11:22:31-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132550103PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1D'ARCANGELO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1120 LOMOND COURTAddressLine1Txt
CityUTICACityNm
State AbbreviationNYStateAbbreviationCd
ZIP135025950ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN150618024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROME INDUSTRIAL DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROMEBusinessNameControlTxt
Phone3153380393PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1584 PHOENIX DRIVEAddressLine1Txt
CityROMECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13441ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRONALD EDWARDSPersonNm
Person TitleOFFICERPersonTitleTxt
Phone3153380393PhoneNum
Signature2025-06-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE E CHUBBUCK CPAPreparerPersonNm
PTINP01827874PTIN
Phone3157355216PhoneNum
Preparation2025-06-26PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRONALD EDWARDSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1584 PHOENIX DRAddressLine1Txt
CityROMECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13441ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$232,293GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1959FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO ENCOURAGE, STIMULATE, ADVANCE, AND PROMOTE NEW AND EXISTING BUSINESSES IN THE CITY OF ROME, NEW YORK, AREA.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$198,378PYProgramServiceRevenueAmt
CY Program Service Revenue$208,762CYProgramServiceRevenueAmt
PY Investment Income$21,740PYInvestmentIncomeAmt
CY Investment Income$23,531CYInvestmentIncomeAmt
PY Other Revenue$5,187PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$225,305PYTotalRevenueAmt
CY Total Revenue$232,293CYTotalRevenueAmt
PY Grants And Similar Paid$138,641PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$220,675PYOtherExpensesAmt
CY Other Expenses$226,848CYOtherExpensesAmt
PY Total Expenses$359,316PYTotalExpensesAmt
CY Total Expenses$226,848CYTotalExpensesAmt
PY Revenues Less Expenses-$134,011PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,445CYRevenuesLessExpensesAmt
Total Assets BOY$2,632,066TotalAssetsBOYAmt
Total Assets EOY$2,597,407TotalAssetsEOYAmt
Total Liabilities BOY$536,411TotalLiabilitiesBOYAmt
Total Liabilities EOY$496,307TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,095,655NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,101,100NetAssetsOrFundBalancesEOYAmt
MissionRIDC'S MISSION IS "TO MAINTAIN AND IMPROVE THE ECONOMIC VITALITY AND QUALITY OF LIFE OF THE CITY OF ROME AND ITS ENVIRONS BY SUPPORTING, NURTURING AND ENCOURAGING ITS COMMERCIAL, INDUSTRIAL AND FINANCIAL DEVELOPMENT."MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$202,022ExpenseAmt
Revenue$208,762RevenueAmt
DescRIDC OPERATES TO IMPROVE THE ECONOMIC COMMUNITY IN THE ROME, NEW YORK AREA. RIDC ACCOMPLISHES THIS THROUGH DEVELOPMENT AND ENCOURAGEMENT TO NEW AND EXISTING BUSINESSES.Desc
Total Program Service Expenses$202,022TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAUREEN CARNEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3153380393PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1584 PHOENIX DRIVEAddressLine1Txt
CityROMECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13441ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RONALD EDWARDS
PRESIDENT0.00Yes (X)Yes (X)$0$0$0
FRANK CARZO
VICE PRESIDENT0.00Yes (X)Yes (X)$0$0$0
DENNIS SURACE
TREASURER0.00Yes (X)Yes (X)$0$0$0
CAROL MANUELE
SECRETARY0.00Yes (X)Yes (X)$0$0$0
ALEX FELICE
DIRECTOR0.00Yes (X)$0$0$0
STEPHEN WATERS
DIRECTOR0.00Yes (X)$0$0$0
TIMOTHY BIRNIE
DIRECTOR0.00Yes (X)$0$0$0
LORI FRIEDEN
DIRECTOR0.00Yes (X)$0$0$0
NICHOLAS ANGELICOLA
DIRECTOR0.00Yes (X)$0$0$0
DREW DEBLASIIS
DIRECTOR0.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ECONOMIC DEVELOPMENT GROWTH ENTERPRISESBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1584 PHOENIX DRAddressLine1Txt
CityROMECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13441ZIPCd
FieldValueIRS element (for citing)
ServicesADMINISTRATIVE SERVICESServicesDesc
Compensation$120,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531120$195,103$195,103
INTEREST INCOME-LOANS525990$13,659$13,659
FieldValueIRS element (for citing)
Total Program Service Revenue$208,762TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,531TotalRevenueColumnAmt
Exclusion$23,531ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$232,293TotalRevenueColumnAmt
Related Or Exempt Func Income$208,762RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$23,531ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$6,816TotalAmt
Program Services$5,558ProgramServicesAmt
Management And General$1,258ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,500TotalAmt
Management And General$4,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$120,000TotalAmt
Program Services$108,000ProgramServicesAmt
Management And General$12,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,700TotalAmt
Management And General$2,700ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$69,599TotalAmt
Program Services$69,599ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,456TotalAmt
Program Services$10,678ProgramServicesAmt
Management And General$3,778ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DUES AND SUBSCRIPTIONS$7,800$7,500$300
REPAIRS AND MAINTAINENC$687$687
BANK FEES$40$40

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$250TotalAmt
Management And General$250ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$226,848TotalAmt
Program Services$202,022ProgramServicesAmt
Management And General$24,826ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$124,156BOYAmt
EOY$260,959EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$802,951BOYAmt
EOY$718,697EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,433BOYAmt
EOY$2,957EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$855,064BOYAmt
EOY$836,736EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,493,466LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,722,243LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$840,822BOYAmt
EOY$771,223EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,640BOYAmt
EOY$6,835EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,632,066BOYAmt
EOY$2,597,407EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,322BOYAmt
EOY$4,836EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,354BOYAmt
EOY$9,674EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$522,735BOYAmt
EOY$481,797EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$536,411BOYAmt
EOY$496,307EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,095,655BOYAmt
EOY$2,101,100EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,095,655BOYAmt
EOY$2,101,100EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,632,066BOYAmt
EOY$2,597,407EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,445ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$172,404CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$176,108CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$185,679CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$183,747CurrentTaxYearMinus1YearAmt
Current Tax Year$195,103CurrentTaxYearAmt
Total$913,041TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$172,404CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$176,108CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$185,679CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$183,747CurrentTaxYearMinus1YearAmt
Current Tax Year$195,103CurrentTaxYearAmt
Total$913,041TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$913,041PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,862CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,689CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,235CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,371CurrentTaxYearMinus1YearAmt
Current Tax Year$37,190CurrentTaxYearAmt
Total$137,347TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,862CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,689CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,235CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,371CurrentTaxYearMinus1YearAmt
Current Tax Year$37,190CurrentTaxYearAmt
Total$137,347TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,860CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,938CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,187CurrentTaxYearMinus1YearAmt
Total$87,985TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$244,126CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$205,797CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$230,852CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$225,305CurrentTaxYearMinus1YearAmt
Current Tax Year$232,293CurrentTaxYearAmt
Total$1,138,373TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.80210PublicSupportCY509Pct
Public Support PY5090.81040PublicSupportPY509Pct
Investment Income CY0.12070InvestmentIncomeCYPct
Investment Income PY0.11060InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$327,323InvestmentCostOrOtherBasisAmt
Book Value$327,323BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,166,143OtherCostOrOtherBasisAmt
Depreciation$1,722,243DepreciationAmt
Book Value$443,900BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$771,223TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DEPOSITS HELD$2,500
PROJECT LIABILITIES$12,379
LONG-TERM DEBT$428,161
CURRENT MATURITIES OF LT DEBT$38,757
FieldValueIRS element (for citing)
Total Liability$481,797TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE CORPORATION IS ENGAGED IN A STAFF SERVICES CONTRACT WITH ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION.
FORM 990, PART VI, SECTION A, LINE 6ARTICLE II, SECTION 1: THE MEMBERS OF THE CORPORATION SHALL BE IDENTICAL AND CO-EXTENSIVE WITH, AND CONSIST OF, THOSE PERSONS WHO ARE THE DIRECTORS OF THE CORPORATION. ANY PERSON APPOINTED OR ELECTED AS A DIRECTOR OF THE CORPORATION SHALL THEREBY BECOME A MEMBER OF THE CORPORATION; SUCH MEMBERSHIP SHALL CONTINUE DURING THE PERIOD THAT SUCH PERSON IS A DULY QUALIFIED AND ACTING DIRECTOR, AND SHALL TERMINATE WHEN SUCH PERSON CEASES TO BE A DIRECTOR. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ANY DIRECTOR WHO DIES, RESIGNS, FAILS OF RE-ELECTION TO THE BOARD, OR FOR ANY OTHER REASON CEASES TO BE A MEMBER OF THE BOARD, SHALL THEREBY CEASE TO BE A MEMBER OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7ABY LAWS ARTICLE IV SECTION 1: THE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF GENERAL BUSINESS SHALL BE HELD DURING THE MONTH OF APRIL.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS WILL REVIEW THE FORM 990 AND THEN APPROVE THE SUBMISSION OF THE FORM.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS AND KEY EMPLOYEE SHALL ANNUALLY SUBMIT TO THE RECORDING SECRETARY OF RIDC A WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IDENTIFIES TO THE BEST OF HIS OR HER KNOWLEDGE ANY CONFLICT OF INTEREST AND AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. ANY CONFLICTS ARE DOCUMENTED, KEPT ON FILE, AND REVIEWED BY THE AUDIT COMMITTEE ON AN AS NEEDED BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE CORPORATION'S INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GEDGE FEES: PROGRAM SERVICE EXPENSES 108,000. MANAGEMENT AND GENERAL EXPENSES 12,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,000.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR

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