2016-04-29T14:49:16-05:00 2015-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2015-01-01 150618024 ROME INDUSTRIAL DEVELOPMENT CORPORATION ROME 3153380393 584 PHOENIX DRIVE ROME NY 13441 RON EDWARDS OFFICER 3153380393 2016-04-14 1 ROY CLARK CPA P00737936 3157355216 2016-04-14 2015 2016-09-27 15:27:22Z RON EDWARDS 584 PHOENIX DR ROME NY 13441 183427 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. 12 12 0 0 0 0 0 0 195545 177401 3045 5393 8617 633 207207 183427 0 0 0 0 0 0 0 0 0 228776 220685 228776 220685 -21569 -37258 2479370 2461539 19457 38884 2459913 2422655 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 165089 178034 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. 165089 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 X 12 12 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 JULIE GROW-DENTON PRESIDENT 0.00 X X 0 0 0 WILLIAM NICHOLSON DIRECTOR 0.00 X 0 0 0 BASIL ARIGLIO SECRETARY 0.00 X X 0 0 0 TERRY PLIZGA DIRECTOR 0.00 X 0 0 0 DENNIS SURACE TREASURER 0.00 X X 0 0 0 RONALD EDWARDS VICE PRESIDENT 0.00 X X 0 0 0 STEPHEN WATERS DIRECTOR 0.00 X 0 0 0 WILLIAM GUGLIELMO DIRECTOR 0.00 X 0 0 0 DAVID BOVI DIRECTOR 0.00 X 0 0 0 CAROL MANUELE DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 MOHAWK VALLEY EDGE 584 PHOENIX DR ROME NY 13441 ADMINISTRATIVE SERVICES 120033 1 RENTAL INCOME 531120 174404 174404 INTEREST INCOME-LOANS 525990 2997 2997 177401 5393 5393 MISCELLANEOUS 900099 633 633 633 183427 178034 0 5393 530 530 62546 62546 11205 7742 3463 EDGE FEES 120000 78000 42000 PROFESSIONAL FEES 24415 15870 8545 REPAIRS AND MAINTENANCE 931 931 BAD DEBT 635 635 423 423 220685 165089 55596 0 130278 166854 936301 942894 2635 2000 62675 58448 11205 7612 2397811 1124080 1336276 1273731 10000 2479370 2461539 11103 530 8354 8354 0 30000 19457 38884 X 2459913 2422655 2459913 2422655 2479370 2461539 -37258 0 X X 0 1 X 1 0 X 60270 21775 82045 253381 269747 452081 191991 174404 1341604 313651 291522 452081 191991 174404 1423649 0 0 0 1423649 5401 7096 5138 6599 8390 32624 5401 7096 5138 6599 8390 32624 628 10630 8617 633 20508 319680 309248 457219 207207 183427 1476781 0.96400 0.96470 0.02210 0.01960 X 0 427378 427378 1970433 1124080 846353 1273731 DEPOSITS HELD 30000 30000 183427 0 183427 0 183427 220685 0 220685 0 220685 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 11 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 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 SECRETARTY 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. FORM 990, PART XII, LINE 2C: THE CORPORATION ADOPTED AN AUDIT COMMITEE CHARTER IN 2015. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION 584 PHOENIX DRIVE ROME NY 13441 160874637 IMPROVE & EXPAND BUSINESS COMMUNITY AND EMPLOYMENT WITHIN ONEIDA COUNTY NY NY 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ECOMONIC DEVELOPMENT GROWTH ENTERPRISES M 120000 CONTRACT