2018-10-15T15:36:22-05:00 2017-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2017-01-01 161592039 GRIFFISS UTILITY SERVICES CORPORATION GRIF 3158384872 410 PHOENIX DRIVE ROME NY 13441 JOSEPH L CUNNINGHAM BOARD CHAIRMAN 3158384872 2018-10-02 1 TRICIA L LUCAS P00227744 3157355216 2018-10-02 209.217.215.146 2018-10-02 12:06:10 ED P CF23C7A4B8F4799638E7907C844D4D6D3810238D 9C6FA70DF670552F6C23255D4426B84A5D712AB7 2017 2018-06-14 16:35:46Z JOSEPH L CUNNINGHAM 410 PHOENIX DRIVE ROME NY 13441 15274514 0 X WWW.GUSC.NET X 2001 NY GUSC WAS ORGANIZED TO ASSIST GRIFFISS LOCAL DEVELOPMENT CORPORATION (GLDC) IN THEIR MISSION TO REDEVELOP GRIFFISS BUSINESS AND TECHNOLOGY PARK. 7 7 7 7 0 0 0 0 10398610 10246555 269170 411496 0 0 10667780 10658051 0 0 0 0 859675 1256167 0 0 0 8937442 8440745 9797117 9696912 870663 961139 51782742 53208155 700464 757132 51082278 52451023 GUSC WAS ORGANIZED TO ASSIST GRIFFISS LOCAL DEVELOPMENT CORPORATION (GLDC) IN THEIR MISSION TO REDEVELOP GRIFFISS BUSINESS AND TECHNOLOGY PARK. 0 0 8750906 10317207 GUSC IS ORGANIZED TO SUPPORT THE RESTRUCTURE, REFORM AND REALIGNMENT OF GRIFFISS BUSINESS & TECHNOLOGY PARK BY ACQUIRING, MAINTAINING AND SELLING UTILITIES TO PARK TENNANTS. 8750906 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 7 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 NY X DAN MANEEN 3158384872 410 PHOENIX DR ROME NY 13441 MICHAEL SHERIDAN CHAIRMAN 1.00 X X 0 0 0 SANDRA CORNEY TREASURER 1.00 X X 0 0 0 WILLIAM STEVENS SECRETARY 1.00 X X 0 0 0 TIMOTHY WOODS ASST TREASURER 1.00 X X 0 0 0 JOHN MCNAMARA VICE CHAIRMAN 1.00 X X 0 0 0 ROBERT SKIBITSKI MEMBER 1.00 X 0 0 0 JOE CUNNINGHAM MEMBER 1.00 X 0 0 0 DANIEL MANEEN PRESIDENT/CEO 37.50 X 212193 0 63205 DOUG BARTELL VICE PRESIDENT CHIEF FINAN 37.50 X 129102 0 31846 MIKE DAVIS VICE PRESIDENT OPERATIONS 37.50 X 121586 0 12786 DANIEL SANDERS EMPLOYEE 37.50 X 103884 0 23766 566765 0 131603 4 0 1 0 DIRECT ENERGY BUSINESS PO BOX 905243 CHARLOTTE NC 282905243 ELECTRICITY & GAS SUPPLIER 2770967 NATIONAL GRID 300 ERIE BOULEVARD WEST SYRACUSE NY 13202 ELECTRICITY & GAS SUPPLIER 1270405 NEW YORK POWER AUTHORITY 123 MAIN STREET WHITE PLAINS NY 10601 ELECTRICITY SUPPLIER 1250575 APPLIED CONTROL ENGINEERING 22 SHELTER ROCK LANE DANBURY CT 06810 ENGINEERING 461211 OVER & UNDER PIPING CONTRACTING 7285 MUTTON HILL RD AUBURN NY 13021 CONRACTING 293185 6 UTILITY REVENUE 221000 10126555 10126555 120000 120000 10246555 340844 340844 4687115 4616463 70652 70652 70652 10658051 10317207 0 340844 436344 436344 577560 450560 127000 87695 73358 14337 82811 56856 25955 71757 35186 36571 43764 29176 14588 36500 36500 22414 22414 29406 4370 25036 3666 765 2901 474019 339008 135011 56331 27844 28487 1845131 1818009 27122 PURCHASED ELECTRICITY 3208925 3208925 PURCHASED STEAM, NATURA 2681316 2681316 ENERGY SAVINGS PROGRAM 20586 20586 0 MISCELLANEOUS 14580 840 13740 4107 4107 9696912 8750906 946006 0 712529 1063343 11085273 12884045 479685 1158133 1151747 1109314 71054 50711001 26975910 25012860 23735091 4989966 5044357 7714667 8778833 51782742 53208155 468966 486082 231498 271050 700464 757132 X 51082278 52451023 51082278 52451023 51782742 53208155 X 961139 -41170 -30909 479685 X X 0 1 X 1 0 X X 1 GRIFFISS LOCAL DEVELOPMENT CORPORATION 161471446 10 1 126765 0 1 126765 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 X 1 1 PART IV, SECTION D, LINE 2: GUSC CONTINUES TO MAINTAIN A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH GRIFFISS LOCAL DEVELOPMENT CORPORATION (GLDC) BY ASSISTING, FACILITATING, SUPPORTING AND ADVANCING THE CORPORATE PURPOSE OF GLDC, TO DEVELOP AND/OR REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE (NOW GRIFFISS BUSINESS AND TECHNOLOGY PARK) PART IV, SECTION D, LINE 3: GLDC IS CONTINUING ITS ONGOING MISSION TO REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE IN ROME, NY THROUGH THE IMPLEMENTATION OF A COMPREHENSIVE REDEVELOPMENT STRATEGY (WHICH INCLUDES THE DEVELOPMENT OF THE GRIFFISS BUSINESS AND TECHNOLOGY PARK) AND TO MAINTAIN, STRENGTHEN, AND EXPAND THE VIABILITY OF THE REMAINING AIR FORCE AND OTHER FEDERAL ASSETS. PART IV, SECTION E, LINE 2A: ALL OF GUSC'S ACTIVITIES ARE IN SUPPORT OF GLDC, IN PARTICULAR, BY PROVIDING RELIABLE AND ECONOMICAL ELECTRIC AND STEAM ENERGY TO THE COMPANIES AND ORGANIZATIONS OF GRIFFISS BUSINESS AND TECHNOLOGY PARK. GUSC IS ALSO RESPONSIBLE FOR ALL MAINTENANCE AND CAPITAL IMPROVEMENTS TO THE UTILITY ELECTRIC AND STEAM DISTRIBUTION SYSTEMS OF THE PARK. GUSC'S EFFORTS PROVIDE CUSTOMERS THE BEST PROGRAMS AVAILABLE THAT WILL HELP THEIR BUSINESS BE COMPETITIVE AND GROW AND, THUS, ENCOURAGE ECONOMIC DEVELOPMENT OF THE PARK AND THE REGION. PART IV, SECTION E, LINE 2B: GLDC WAS RESPONSIBLE FOR THE ORIGINAL OPERATING ASSETS THAT GUSC NOW OWNS. THE UTILITY OPERATIONS AND MAINTENANCE ACTIVITIES WERE SUBSEQUENTLY TRANSFERRED TO GUSC TO ISOLATE GLDC FROM POTENTIAL LIABILITY ASSOCIATED WITH THE UTILITY INDUSTRY AND TO MAXIMIZE THE CURRENT AND FUTURE ECONOMIC BENEFITS TO BUSINESSES AND ORGANIZATIONS IN THE GRIFFISS BUSINESS AND TECHNOLOGY PARK. 293354 293354 18297121 7186273 11110848 32084519 19766548 12317971 36007 23089 12918 23735091 CASH SURRENDER VALUE 400956 NOTE RECEIVABLE-SUBSIDIARY 6000000 INVESTMENT IN SUBSIDIARY 996483 DUE FROM SUBSIDIARY 376508 DEPOSIT WITH NYISO 1004886 8778833 DEPOSITS 84372 DEFERRED COMPENSATION PLAN 161751 DUE TO SUBSIDIARY 24927 271050 PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL GRANTS X X X X X 0 1 0 0 0 0 0 0 0 DANIEL MANEEN PRESIDENT/CEO 212193 0 0 0 0 0 49709 0 13496 0 275398 0 0 0 DOUG BARTELL VICE PRESIDENT CHIEF FINAN 129102 0 0 0 0 0 12200 0 19646 0 160948 0 0 0 PART I, LINE 4B DAN MANEEN $28,050. NONQUALIFIED, DEFERRED COMPENSATION PLAN FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO ALL MEMBERS PRIOR TO SUBMISSION FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PERFORMS AN ANNUAL REVIEW OF MANAGEMENT SALARIES. INCREASES ARE BASED ON PERFORMANCE AND COMPARISONS TO SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS CONTAINING THE CORPORATION'S INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CAPITAL GRANTS 479,685. FORM 990, PART XII, LINE 2C: THE FULL BOARD ASSUMES THIS RESPONSIBILITY. GRIFFISS LOCAL DEVELOPMENT CORPORATION 584 PHOENIX DRIVE ROME NY 13441 161471446 TO REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE IN ROME, NEW YORK NY 501(C)(3) LINE 11 0 GUSC ENERGY INC 410 PHOENIX DRIVE ROME NY 13440 262199370 BIOMASS FUEL POWER NY GRIFFISS UTILITY SERVICES CORPORATION C 79520 16823154 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 GUSC ENERGY INC A 180000 MARKET RATE GUSC ENERGY INC D 376508 MARKET RATE GUSC ENERGY INC L 257634 MARKET RATE GUSC ENERGY INC E 24927 MARKET RATE GUSC ENERGY INC M 2311258 MARKET RATE