EIN 16-0955314

Wayne Economic Development Corporation

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

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Lyons

State

New York

Year formed

1968

Most recent tax filings

2023-12-01

NTEE code, primary

S30: Economic Development

Description

Wayne Economic Development Corporation was formed to lessen government burdens and act in the public interest. It facilitates economic activities throughout Wayne County, NY, including the location and expansion of civic, industrial, and commercial facilities. The corporation aims to create new and improved job opportunities and reduce unemployment while improving the overall quality of life in the area. Wayne Economic Development Corporation is located in Lyons, NY.

Total revenues

$1,042,464

2023

Total expenses

$996,615

2023

Total assets

$7,532,198

2023

Num. employees

2023

Program areas at Wayne Economic Development Corporation

To facilitate Economic activities throughout Wayne county, ny including the location and expansion of civic, industrial and commercial facilities, the creation of new and improved job opportunities, the reduction of unemployment and the improvement of the well-being of its communities and residents.

Personnel at Wayne Economic Development Corporation

Name	Title	Compensation	Date of data
Brian Pincelli	Executive Director and Chief Executive Officer	$0	2024-06-03
Kathleen Bronson	Deputy Director and Chief Operating Officer	$0	2023-12-31
Jamie Corteville	Fiscal Officer and Chief Financial Officer	$0	2023-12-31
Philip Eygnor	Vice Chairman	$0	2023-12-31
Kaye Stone-Gansz	Secretary	$0	2023-12-31
...and 13 more key personnel

Financials for Wayne Economic Development Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$40,000	$86,200	-53.6%
Program services	$41,228	$38,890	6%
Investment income and dividends	$69,236	$52,068	33%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$892,000	$892,000	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$7,751	-100%
Total revenues	$1,042,464	$1,076,909	-3.2%

Form 990s for Wayne Economic Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-06-03	990	View PDF
2022-12	2023-06-05	990	View PDF
2021-12	2022-05-13	990	View PDF
2020-12	2021-05-24	990	View PDF
2019-12	2021-01-21	990	View PDF
...and 10 more Form 990s

Organizations like Wayne Economic Development Corporation

Organization	Type	Location	Revenue
Wilmington Economic Development Corporation	501(c)(3)	Wilmington, DE	$1,318,756
Economic Growth Connection of Westmoreland	501(c)(3)	Greensburg, PA	$3,019,666
Growth Innovations	501(c)(3)	Aitkin, MN	$286,387
Albuquerque Regional Economic Alliance (AED)	501(c)(3)	Albuquerque, NM	$1,639,266
Northside Industrial Development Company	501(c)(3)	Pittsburgh, PA	$2,807,174
Virginia Tech Transportation Economic Development	501(c)(3)	Blacksburg, VA	$4,508,119
Mon Valley Alliance Foundation	501(c)(3)	Monongahela, PA	$285,552
Lake Agassiz Regional Development Corporation	501(c)(3)	Fargo, ND	$1,082,438
Arrowhead Center	501(c)(3)	Las Cruces, NM	$1,086,781
Cornerstone Alliance	501(c)(3)	Benton Harbor, MI	$3,194,171

Data update history

August 4, 2024

Posted financials

Added Form 990 for fiscal year 2023

February 22, 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 2 new personnel

May 10, 2023

Received grants

Identified 1 new grant, including a grant for $33,000 from Rochester Area Community Foundation (RACF)

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities

Issues

Community improvementEconomic development

Characteristics

State / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 9 Pearl St; Lyons, NY 14489
Metro area: Rochester, NY
County: Wayne County, NY
Website URL: web.co.wayne.ny.us
Phone: (315) 946-5917

IRS details

EIN: 16-0955314
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1968
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S30: Economic Development
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Central organization

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Wayne Economic Development Corporation

Program areas at Wayne Economic Development Corporation

Personnel at Wayne Economic Development Corporation

Financials for Wayne Economic Development Corporation

Form 990s for Wayne Economic Development Corporation

Organizations like Wayne Economic Development Corporation

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