2022-06-23T13:55:42-05:00 2021-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2021-01-01 160874637 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION ECON 3153380393 584 PHOENIX DRIVE ROME NY 13441 STEVEN DIMEO PRESIDENT 3153380393 2022-06-21 1 STEVEN DIMEO 999009999 ROY A MILLER CPA P00633512 3157355216 2022-06-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z STEVEN DIMEO 584 PHOENIX DRIVE ROME NY 13441 3686851 0 X WWW.MVEDGE.ORG X 1963 NY TO IMPROVE AND EXPAND BUSINESS, COMMUNITY AND EMPLOYMENT OPPORTUNITIES IN ONEIDA COUNTY, N.Y., AND ITS ENVIRONS. 53 42 15 53 0 0 6747597 1587489 2570630 1913190 15757 99552 71197 64134 9405181 3664365 171658 141000 0 0 1532475 1597556 0 0 0 3890090 2027202 5594223 3765758 3810958 -101393 37208501 36316583 9783413 8771572 27425088 27545011 TO IMPROVE AND EXPAND BUSINESS, COMMUNITY AND EMPLOYMENT OPPORTUNITIES IN ONEIDA COUNTY, N.Y., AND ITS ENVIRONS. 0 0 2834144 141000 2060108 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION (EDGE) AND ITS SUBSIDIARY ARE INVOLVED IN ACTIVITIES DESIGNED TO IMPROVE AND EXPAND THE BUSINESS COMMUNITY AND EMPLOYMENT WITHIN ONEIDA COUNTY, N.Y., AND ITS ENVIRONS AND PROMOTE THE GENERAL ECONOMIC DEVELOPMENT OF THE AREA. A PRIMARY ACTIVITY OF EDGE IS THE ARRANGEMENT OF AND/OR PARTICIPATION IN FINANCING PACKAGES FOR LOCAL BUSINESSES, PRINCIPALLY THROUGH LOCAL BANKS, THE SMALL BUSINESS ADMINISTRATION, AND THE EMPIRE STATE DEVELOPMENT CORPORATION. IN ADDITION, EDGE PREPARES ECONOMIC DEVELOPMENT PLANS, PERFORMS RESEARCH, AND CARRIES OUT A UNIFIED MARKETING PROGRAM FOR THE PURPOSE OF ADVANCING ECONOMIC GROWTH IN ONEIDA COUNTY, N.Y., AND ITS ENVIRONS. A SIGNIFICANT PORTION OF EDGE'S REVENUE IS DERIVED FROM GOVERNMENT GRANTS. 2834144 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 19 0 15 1 0 0 0 0 0 1 1 0 0 0 0 X 53 42 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X MAUREEN CARNEY 3153380393 584 PHOENIX DRIVE ROME NY 13441 LAWRENCE T GILROY III DIRECTOR 1.00 X 0 0 0 MICHELE SALISBURY DIRECTOR 1.00 X 0 0 0 LAURA CASAMENTO DIRECTOR 1.00 X 0 0 0 RONALD A CUCCARO DIRECTOR 1.00 X 0 0 0 CHRIS PAPAYANAKOS DIRECTOR 1.00 X 0 0 0 ENESSA CARBONE DIRECTOR 1.00 X 0 0 0 HAROLD T CLARK JR DIRECTOR 1.00 X 0 0 0 PETER BAILDON DIRECTOR 1.00 X 0 0 0 MARIANNE GAIGE DIRECTOR 1.00 X 0 0 0 MICHAEL FRAME DIRECTOR 1.00 X 0 0 0 PATRICK BECHER TREASURER 1.00 X X 0 0 0 JUSTIN HUMMEL VICE CHAIR 1.00 X X 0 0 0 RUSS BREWER DIRECTOR 1.00 X 0 0 0 RAYMOND HALBRITTER DIRECTOR 1.00 X 0 0 0 RANDY VAN WAGONER DIRECTOR 1.00 X 0 0 0 SONDRA BUTCHER DIRECTOR 1.00 X 0 0 0 RYAN O'SHAUGHNESSY DIRECTOR 1.00 X 0 0 0 CHARLES GREEN DIRECTOR 1.00 X 0 0 0 JOHN ROMANO DIRECTOR 1.00 X 0 0 0 RICHARD CREEDON DIRECTOR 1.00 X 0 0 0 BRIAN LOUGHLIN DIRECTOR 1.00 X 0 0 0 NICHOLAS MATT DIRECTOR 1.00 X 0 0 0 STEPHEN WATERS DIRECTOR 1.00 X 0 0 0 ALICIA DICKS DIRECTOR 1.00 X 0 0 0 DAVID M MANZELMANN DIRECTOR 1.00 X 0 0 0 JOHN BUFFA DIRECTOR 1.00 X 0 0 0 MARIA KONTARIDIS DIRECTOR 1.00 X 0 0 0 TIMOTHY BUTCHER DIRECTOR 1.00 X 0 0 0 MIKE HENNESSEY DIRECTOR 1.00 X 0 0 0 JOHN J PISECK DIRECTOR 1.00 X 0 0 0 RICHARD TANTILLO DIRECTOR 1.00 X 0 0 0 EVE VAN DE WAL DIRECTOR 1.00 X 0 0 0 DAVID KAVNEY DIRECTOR 1.00 X 0 0 0 MICHAEL J PARSONS DIRECTOR 1.00 X 0 0 0 BRIAN ANDERSON DIRECTOR 1.00 X 0 0 0 NICHOLAS MAYHEW DIRECTOR 1.00 X 0 0 0 CATHLEEN MCCOLGIN DIRECTOR 1.00 X 0 0 0 ROCCO ARCURI BOARD CHAIR 1.00 X X 0 0 0 MARK LEWIS DIRECTOR 1.00 X 0 0 0 JIM MCCARTHY DIRECTOR 1.00 X 0 0 0 GENO DECONDO VICE CHAIR 1.00 X X 0 0 0 SABRINA WEBSTER DIRECTOR 1.00 X 0 0 0 DARLENE STROMSTAD DIRECTOR 1.00 X 0 0 0 LISA BETRUS DIRECTOR 1.00 X 0 0 0 RON BELLE DIRECTOR 1.00 X 0 0 0 RYAN THOMPSON DIRECTOR 1.00 X 0 0 0 DARIA HELMER EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 JOHN SNYDER EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 RONALD EDWARDS EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 WES CUPP EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 WILLIAM BOWER DIRECTOR 1.00 X 0 0 0 ADAM HOVAK EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 RICHARD DOWE EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 NICHOLAS BRUNO SECRETARY 40.00 X 61375 0 14122 MAUREEN CARNEY CHIEF FINANCIAL OFFICER 40.00 X 103018 0 18679 STEVEN DIMEO PRESIDENT 40.00 X 237802 0 27666 SHAWNA PAPALE CHIEF ADMINSTRATIVE OFFICE 40.00 X 129527 0 37883 WILLIAM VANSHUFFLIN SENIOR VICE PRESIDENT PLAN 40.00 X 115652 0 13191 CHRISTIAN MERCURIO VICE PRESIDENT PLANNING AND DEVELOPMENT 40.00 X 101900 0 13039 749274 0 124580 5 0 1 0 HANSON AGGREGATES 15620 COLLECTION CENTER DR CHICAGO IL 60693 GENERAL CONTRACTOR 482701 MCPHEE ELECTRIC 505 MAIN ST FARMINGTON CT 06032 GENERAL CONTRACTOR 436996 SAUNDERS KAHLER LLP 185 GENESEE ST 1400 UTICA NY 13501 LEGAL 303707 RAMBOLL AMERICAS ENGINEERING SOLUTIONS I 4245 NORTH FAIRFAX DR SUITE 700 ARLINGTON VA 22203 ENGINEERING 249370 ATREG INC 223 YALE AVENUE N SEATTLE WA 98109 OTHER CONTRACTUAL 244079 6 122500 149250 926823 388916 1587489 SERVICE CONTRACTS 561000 1647417 1647417 LEASE INCOME 532000 230575 230575 LOAN INTEREST INCOME 525990 35198 35198 1913190 16768 16768 23776 81494 22486 0 1290 81494 82784 82784 0 149250 0 0 OTHER INCOME 900099 64134 64134 64134 3664365 2060108 0 16768 X 141000 141000 462662 256187 206475 845346 484119 361227 85395 48906 36489 112801 64599 48202 91352 52316 39036 109174 62523 46651 27903 27903 935012 917412 17600 88614 74499 14115 59424 25554 33870 84878 50869 34009 35983 20078 15905 12579 4141 8438 14395 14395 395823 395823 50453 20822 29631 LEASE RELATED EXPENSES 150798 150798 AWARDS DINNER EXPENSE 24071 24071 MISCELLANEOUS 18342 6279 12063 LOAN ADMIN COSTS 9007 9007 10746 10746 3765758 2834144 931614 0 4761553 993563 1388765 2081564 873838 401906 60853 93195 2917637 2865294 714009 563042 21552109 828997 20266813 20723112 141362 174272 6083671 8420635 37208501 36316583 1323446 244760 28933 92006 17409 17409 1745224 2283297 200000 6468401 6134100 9783413 8771572 X 27364738 27484661 60350 60350 27425088 27545011 37208501 36316583 -101393 1273 220043 0 X X 0 1 X 1 0 X 29440399 7784447 12909936 6747597 1587489 58469868 29440399 7784447 12909936 6747597 1587489 58469868 58469868 11794 25276 55968 28168 19331 140537 58610405 13327174 0.99760 0.99850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1883355 1883355 19668754 828997 18839757 20723112 DEPOSITS 298477 CAPITAL LEASES RECEIVABLE 230589 PROJECT COSTS 7891569 8420635 COMPENSATED ABSENCES 80059 DEFERRED COMPENSATION OBLIGATION 174272 REFUNDABLE ADVANCES 2259981 PROJECT LOAN ADVANCES 3619788 6134100 3665638 1273 1273 3664365 0 3664365 3765758 0 3765758 0 3765758 PART IV, LINE 2B: EDGE HOLDS CASH DEPOSITS RECEIVED ON BEHALF OF THE COMMERCIALIZATION ACADEMY THAT ARE HELD TO REIMBURSE FUTURE EXPENSES OF STUDENTS IN THE PROGRAM. EDGE IS THE ADMINISTRATOR FOR THE PROGRAM EXPENSES. ANNUAL AWARDS EVENT 149250 149250 149250 149250 1 SR SLOAN INC 150618361 104000 0 JOBS CREATION PROJECT GRANT HORN'S FAMILY FARM STORE 833613034 23963 0 JOBS CREATION PROJECT GRANT VALLEY SIGNS AND DESIGNS INC 825299383 13037 0 JOBS CREATION PROJECT GRANT PART I, LINE 2: GRANT FUNDS ARE FULLY SUBSTANTIATED BY INVOICES AND CANCELLED CHECKS AND COMPARED TO THE GRANT BUDGET FOR PROJECTS APPROVED BY PASS THROUGH ENTITIES. X X 0 0 0 0 0 0 0 0 0 STEVEN DIMEO PRESIDENT 222472 0 0 0 15330 0 22247 0 5419 0 265468 0 0 0 SHAWNA PAPALE CHIEF ADMINSTRATIVE OFFICE 129527 0 0 0 0 0 14495 0 23388 0 167410 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EDGE HAS MEMBERS THAT PAY DUES TO SUPPORT THE ORGANIZATION'S MISSION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP ELECTS THE BOARD OF DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE FILING OF THE FORM 990, A COMPLETE COPY THEREOF IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND/OR COMMENTS. THE 990 IS THEN RECOMMENDED BY THE EXECUTIVE COMMITTEE TO THE FULL BOARD AND IS APPROVED BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE DOCUMENTED, KEPT ON FILE, AND REVIEWED BY THE AUDIT COMMITTEE ON AN AS NEEDED BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE CONDUCTS A YEARLY REVIEW OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL SERVICE/BENEFITS ADMIN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,600. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,600. CONTRACTORS: PROGRAM SERVICE EXPENSES 697,111. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 697,111. CONSULTANTS: PROGRAM SERVICE EXPENSES 220,301. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 220,301. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. 5900 SUCCESS DR REALTY LLC 584 PHOENIX DRIVE ROME NY 13441 030480592 REAL ESTATE HOLDING NY 37100 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION