2024-07-16T15:20:04-05:00 2023-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2023-01-01 160874637 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION ECON 3153380393 584 PHOENIX DRIVE ROME NY 13441 SHAWNA PAPALE ACTING PRESIDENT 3153380393 2024-06-11 1 SHAWNA PAPALE 999009999 0 ROY A MILLER CPA P00633512 3157355216 2024-06-11 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SHAWNA PAPALE 584 PHOENIX DRIVE ROME NY 13441 8304182 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. 57 43 17 57 0 0 1442538 2654052 4299954 5205358 724 21933 198918 311777 5942134 8193120 672573 1175678 0 0 1434183 1611525 0 0 0 3885603 5538193 5992359 8325396 -50225 -132276 40406038 40575052 12932322 13245375 27473716 27329677 TO IMPROVE AND EXPAND BUSINESS, COMMUNITY AND EMPLOYMENT OPPORTUNITIES IN ONEIDA COUNTY, N.Y., AND ITS ENVIRONS. 0 0 7818453 1175678 5517135 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. 7818453 1 1 0 0 0 0 0 1 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 17 0 17 1 0 0 0 0 0 0 0 0 0 0 X 57 43 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 DEVOE 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 MATT NICHOLL 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 BOARD 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 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 TOM NEUMANN 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 DIRECTOR 1.00 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 JOHN SNYDER EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 RONALD EDWARDS EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 WILLIAM BOWER DIRECTOR 1.00 X 0 0 0 ANDY RUSSELL DIRECTOR 1.00 X 0 0 0 RICHARD DOWE EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 MICHAEL BUSHARDT EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 GREGORY MATTACOLA EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 ANNA D'AMBROSIO DIRECTOR 1.00 X 0 0 0 RICHARD EVANS DIRECTOR 1.00 X 0 0 0 NICK ALGER DIRECTOR 1.00 X 0 0 0 JOHN CALABRESE EX-OFFICIO VOTING MEMBER 1.00 X 0 0 0 TODD PFANNESTIEL DIRECTOR 1.00 X 0 0 0 NICHOLAS BRUNO SECRETARY, NON-VOTING 40.00 X 83110 0 9534 MAUREEN CARNEY CHIEF FINANCIAL OFFICER 40.00 X 114297 0 21580 STEVEN DIMEO PRESIDENT 40.00 X 284668 0 29628 SHAWNA PAPALE CHIEF ADMINISTRATIVE OFFIC 40.00 X 136962 0 42228 WILLIAM VANSHUFFLIN SENIOR VICE PRESIDENT PLAN 40.00 X 121270 0 32864 CHRISTIAN MERCURIO VICE PRESIDENT PLANNING AN 40.00 X 112497 0 14167 852804 0 150001 5 0 1 0 WOLFSPEED 4600 SILICON DRIVE DURHAM NC 27703 CONTRACTUAL 1664843 NATIONAL GRID PO BOX 29805 NEW YORK NY 10087 CONTRACTUAL 876741 VIP ARCHITECTURAL ASSOCIATES PLLC 101 N SALINA STREET SUITE 100 SYRACUSE NY 13202 ARCHITECT 266487 SAUNDERS KAHLER LLP 185 GENESEE STREET 1400 UTICA NY 13501 LEGAL 199307 ATREG INC 1209 ORANGE STREET WILIMGTON DE 19801 CONSULTANT 164190 7 125000 220425 2095248 213379 2654052 PAYMENT IN LIEU OF TAX 561000 3127426 3127426 SERVICE CONTRACTS 561000 1822418 1822418 LEASE INCOME 532000 220000 220000 LOAN INTEREST INCOME 525990 35514 35514 5205358 22805 22805 110190 111062 -872 -872 -872 0 220425 0 0 OTHER INCOME 900099 311777 311777 311777 8193120 5517135 0 21933 X 1175678 1175678 520305 421759 98546 758368 634563 123805 80092 67109 12983 152764 128001 24763 99996 83786 16210 174019 145808 28211 29700 29700 2827398 2750249 77149 57318 52792 4526 55045 23458 31587 130419 109278 21141 37535 32155 5380 31293 22086 9207 519039 519039 396433 396433 102412 84543 17869 AMORTIZATION OF PROJECT 761146 761146 REPAIRS AND MAINTENANCE 165593 165593 LEASE RELATED EXPENSES 156554 156554 AWARDS DINNER EXPENSE 52533 52533 41756 35890 5866 8325396 7818453 506943 0 1771961 472145 4885730 5591066 197065 1345970 833310 436924 2745091 2563988 74588 61161 22620915 1626025 20329764 20994890 169815 209279 9398714 8899629 40406038 40575052 416315 979062 614381 454612 151293 17409 17409 9585346 8965514 2458640 2517716 12932322 13245375 X 27413366 27269327 60350 60350 27473716 27329677 40406038 40575052 -132276 14731 -26494 0 X 0 1 X 1 1 1 X 12909936 6747597 1587489 1442538 2654052 25341612 12909936 6747597 1587489 1442538 2654052 25341612 25341612 55968 28168 19331 -20346 36664 119785 25461397 19223034 0.99530 0.99650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125000 X 0 0 1 X 1925355 1925355 870652 870652 19699908 1626025 18073883 125000 125000 20994890 DEPOSITS 301391 INVESTMENT IN SALES-TYPE LEASES 120621 PROJECT COSTS 8277617 OPERATING RIGHT OF USE ASSET - LAND 200000 8899629 COMPENSATED ABSENCES 102853 DEFERRED COMPENSATION OBLIGATION 209279 REFUNDABLE ADVANCES 2205584 2517716 8207851 14731 14731 8193120 0 8193120 8325396 0 8325396 0 8325396 PART III, LINE 4: THE SCULPTURE ENHANCES THE NATURAL BEAUTY OF THE MARCY SUNY PARKWAY, ASSISTING IN OVERALL DEVELOPMENT AND ECONOMIC OPPORTUNITIES ALONG THE PARKWAY, WHICH IS THE ENTRANCEWAY TO THE MARCY NANO CENTER. 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 220425 220425 220425 220425 1 ANDRO COMPUTATIONAL SOLUTIONS LLC 043730066 38682 0 JOBS CREATION PROJECT GRANT SCOTT'S WELDING & AG REPAIR 454387217 35000 0 JOBS CREATION PROJECT GRANT ROGUE TOMATO FARMS LLC 863165033 35000 0 JOBS CREATION PROJECT GRANT WILLOW CREEK ANGUS 052404567 35000 0 JOBS CREATION PROJECT GRANT ROLLING STAR MANUFACTURING INC 161508461 20000 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM MUJUGO LLC 851415571 10000 0 JOBS CREATION PROJECT GRANT COLLINS FARM LLC 471103543 9997 0 JOBS CREATION PROJECT GRANT KINGFISHER FARM LLC 165623497 20000 0 JOBS CREATION PROJECT GRANT ERIE BLVD W RETURNS LLC 854345557 15000 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM TONY'S PIZZERIA 115818178 50117 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM INTINO ENTERPRISE LLC 872958752 95000 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM MOHAWK LTD 150618278 150000 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM GRIFFISS LOCAL DEVELOPMENT CORPORATION 161471446 501 (C)(3) 614381 0 INSTALLATION OF HIGH EFFICIENCY NATURAL GAS BOILERS ADVANCED TOOL INC 208096000 22500 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM THE BALANCED CHEF LLC 472859843 25000 0 COVID-19 SMALL BUSINESS RELIEF PROGRAM 1 15 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 245204 0 0 0 39464 0 24232 0 5396 0 314296 0 0 0 SHAWNA PAPALE CHIEF ADMINISTRATIVE OFFIC 136962 0 0 0 0 0 15381 0 26847 0 179190 0 0 0 WILLIAM VANSHUFFLIN SENIOR VICE PRESIDENT PLAN 121270 0 0 0 0 0 12273 0 20591 0 154134 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 FIRST REVIEWED BY THE AUDIT COMMITTEE, CONSISTING OF INDEPENDENT MEMBERS OF THE BOARD. IT 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 28,513. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,513. CONTRACTORS: PROGRAM SERVICE EXPENSES 2,750,249. MANAGEMENT AND GENERAL EXPENSES 48,636. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,798,885. 5900 SUCCESS DR REALTY LLC 584 PHOENIX DRIVE ROME NY 13441 030480592 REAL ESTATE HOLDING NY 0 37100 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION