EIN 16-1471446

Griffiss Local Development Corporation

Name: Griffiss Local Development Corporation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Rome

State

New York

Year formed

1994

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Griffiss Local Development Corporation redevelops the former Griffiss Air Force Base in Rome, New York into a business and technology park. Its mission is to coordinate the redevelopment of the park, including leasing and/or sale of unoccupied buildings and vacant lands. The corporation also handles marketing and promotion expenses related to the overall promotion of Griffiss's facilities.

Related structure

Griffiss Local Development Corporation is a subordinate organization under Griffiss Utility Services Corporation (GUSC).

Total revenues

$6,476,737

2023

Total expenses

$5,706,612

2023

Total assets

$29,658,889

2023

Num. employees

2023

Program areas at Griffiss Local Development Corporation

Griffiss redevelopment-to coordinate redevelopment of the Griffiss business and technology park including the leasing and/or sale of unoccupied buildings and vacant lands within the park.

Marketing and promotion- includes all direct and indirect expenses attributable to the overall marketing and promotion of the Griffiss business and technology park facilities.

Who funds Griffiss Local Development Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Mohawk Valley EDGE (EDGE)	2023-12	Installation of High Efficiency Natural Gas Boilers	$614,381

Personnel at Griffiss Local Development Corporation

Name	Title	Compensation	Date of data
Elis Delia	Chairman	$0	2024-06-14
Laura Cohen	Secretary	$0	2023-12-31
Kevin Martin	Vice Chairman	$0	2023-12-31
Deborah Grogan	Treasurer	$0	2023-12-31
Debbie Grogan	Board Member	$0	2023-01-26
...and 3 more key personnel

Financials for Griffiss Local Development Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$2,122,953	$1,250,000	69.8%
Program services	$3,707,859	$3,584,006	3.5%
Investment income and dividends	$25,030	$8,264	202.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$-40,074	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$620,895	$491,432	26.3%
Total revenues	$6,476,737	$5,293,628	22.3%

Form 990s for Griffiss Local Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-06-14	990	View PDF
2022-12	2023-06-21	990	View PDF
2021-12	2022-06-17	990	View PDF
2020-12	2021-06-18	990	View PDF
2019-12	2020-12-30	990	View PDF
...and 10 more Form 990s

Organizations like Griffiss Local Development Corporation

Organization	Type	Location	Revenue
Rio Grande Community Development	501(c)(3)	Albuquerque, NM	$1,710,904
16 Tech Community Corporation	501(c)(3)	Indianapolis, IN	$21,301,337
Onewest Corporation	501(c)(3)	Louisville, KY	$1,829,216
Central Baltimore Partnership	501(c)(3)	Baltimore, MD	$3,232,830
Neighborhood Development Center	501(c)(3)	Saint Paul, MN	$11,058,060
Venture Richmond	501(c)(3)	Richmond, VA	$8,083,211
Jersey City Economic Development Corporation	501(c)(3)	Jersey City, NJ	$1,875,777
Columbus Downtown Development Corporation (CDDC)	501(c)(3)	Columbus, OH	$21,128,443
Greater Jamaica Development Corporation	501(c)(3)	Jamaica, NY	$7,601,973
Greater New Orleans Development Foundation	501(c)(3)	New Orleans, LA	$2,831,617

Data update history

August 14, 2024

Posted financials

Added Form 990 for fiscal year 2023

August 2, 2024

Used new vendors

Identified 3 new vendors, including , , and

February 19, 2024

Posted financials

Added Form 990 for fiscal year 2022

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 24, 2023

Updated personnel

Identified 1 new personnel

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsMilitary and veteran charitiesChapter / child organizationsCharities

Issues

Community improvementEconomic developmentMilitary and veterans

Characteristics

LobbyingState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations

General information

Address: 584 Phoenix Dr; Rome, NY 13441
Metro area: Utica-Rome, NY
County: Oneida County, NY
Website URL: griffissldc.org/
Phone: (315) 338-0393

IRS details

EIN: 16-1471446
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1994
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S31: Urban, Community Economic Development
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Subordinate organization

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Griffiss Local Development Corporation

Program areas at Griffiss Local Development Corporation

Who funds Griffiss Local Development Corporation

Personnel at Griffiss Local Development Corporation

Financials for Griffiss Local Development Corporation

Form 990s for Griffiss Local Development Corporation

Organizations like Griffiss Local Development Corporation

Nonprofits

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