2017-07-31T11:24:21-05:00 2016-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2016-01-01 150618024 ROME INDUSTRIAL DEVELOPMENT CORPORATION ROME 3153380393 584 PHOENIX DRIVE ROME NY 13441 RONALD EDWARDS OFFICER 3153380393 2017-07-28 1 ROY A MILLER CPA P00633512 3157355216 2017-07-28 209.217.215.146 2017-07-28 15:29:57 ED P 29D846B37DDE88FC47E807D1E6029E6A3F649880 29D846B37DDE88FC47E807D1E6029E6A3F649880 2016 2021-01-29 14:40:06Z RONALD EDWARDS 584 PHOENIX DR ROME NY 13441 379364 0 X WWW.ROMENY.COM X 1959 NY TO ENCOURAGE, STIMULATE, ADVANCE, AND PROMOTE NEW AND EXISTING BUSINESSES IN THE CITY OF ROME, NEW YORK, AREA. 9 9 0 9 0 0 0 0 177401 174662 5393 104647 633 0 183427 279309 0 25000 0 0 0 0 0 0 0 220685 221487 220685 246487 -37258 32822 2461539 2480126 38884 24649 2422655 2455477 RIDC'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." 0 0 194042 25000 274607 RIDC OPERATES TO IMPROVE THE ECONOMIC COMMUNITY IN THE ROME, NEW YORK AREA. RIDC ACCOMPLISHES THIS THROUGH DEVELOPMENT AND ENCOURAGEMENT TO NEW AND EXISTING BUSINESSES. 194042 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X MAUREEN CARNEY 3153380393 584 PHOENIX DRIVE ROME NY 13441 X RONALD EDWARDS PRESIDENT 0.00 0.00 X X 0 0 0 DAVID BOVI VICE PRESIDENT 0.00 0.00 X X 0 0 0 DENNIS SURACE TREASURER 0.00 0.00 X X 0 0 0 CAROL MANUELE SECRETARY 0.00 0.00 X X 0 0 0 WILLIAM NICHOLSON DIRECTOR 0.00 0.00 X 0 0 0 STEPHEN WATERS DIRECTOR 0.00 0.00 X 0 0 0 FRANK CARZO DIRECTOR 0.00 0.00 X 0 0 0 TIM BERNIE DIRECTOR 0.00 0.00 X 0 0 0 RYAN O'SHAUGHNESSY DIRECTOR 0.00 0.00 X 0 0 0 0 0 0 0 0 0 0 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES 584 PHOENIX DR ROME NY 13441 ADMINISTRATIVE SERVICES 120000 1 RENTAL INCOME 531120 172404 172404 INTEREST INCOME-LOANS 525990 2258 2258 174662 4702 4702 200000 100055 99945 99945 99945 279309 274607 0 4702 25000 25000 53 53 62752 62752 11292 7742 3550 EDGE FEES 120000 78000 42000 PROFESSIONAL FEES 18331 11915 6416 REPAIRS AND MAINTENANCE 7678 7678 CLOSING COSTS 955 955 426 426 246487 194042 52445 0 166854 330003 942894 953495 2000 2000 58448 54049 7612 8155 2319253 1186829 1273731 1132424 10000 2461539 2480126 530 4295 8354 8354 30000 12000 38884 24649 X 2422655 2455477 2422655 2455477 2461539 2480126 32822 0 X 0 1 X 1 0 X 21775 21775 269747 452081 191991 174404 172404 1260627 291522 452081 191991 174404 172404 1282402 0 0 0 1282402 7096 5138 6599 8390 6960 34183 7096 5138 6599 8390 6960 34183 10630 8617 633 19880 309248 457219 207207 183427 179364 1336465 0.95950 0.96400 0.02560 0.02210 X 0 327323 327323 1991930 1186829 805101 1132424 DEPOSITS HELD 12000 12000 279309 0 279309 0 279309 246487 0 246487 0 246487 1 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION 584 PHOENIX DRIVE ROME NY 13441 160874637 501(C)(3) 25000 COMMERCIALIZATION ACADEMY 1 1 PART I, LINE 2: THIS WAS A ONE-TIME GRANT THAT WAS BOARD AUTHORIZED AS AN ECONOMIC INCENTIVE SPONSORSHIP TO BE USED BY AND UNDER THE OVERSIGHT OF ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION (EDGE). FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION IS ENGAGED IN A STAFF SERVICES CONTRACT WITH MOHAWK VALLEY EDGE. FORM 990, PART VI, SECTION A, LINE 6 ARTICLE 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 7A BY 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 11B THE BOARD OF DIRECTORS WILL REVIEW THE FORM 990 AND THEN APPROVE THE SUBMISSION OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C EACH 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. THE RECORDING SECRETARY OF RIDC SHALL PROVIDE TO THE CHAIR OF THE AUDIT COMMITTEE (OR THE PRESIDENT OF THE BOARD)COPIES OF ALL SUCH CONFLICT OF INTEREST DISCLOSURE STATEMENTS SUBMITTED. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION'S INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.