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Saratoga Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141605957 ✦ Saratoga springs, NY ✦ Designated as a 501(c)(3)

Overview

What is Saratoga Economic Development Corporation?

The Saratoga Economic Development Corporation, situated in Saratoga Springs, New York, serves as a catalyst for job growth within Saratoga County. Acting as a promoter, they attract present and potential industries and businesses to the region. Their mission is centered around fostering economic development, ultimately benefiting an estimated 230,000 individuals. With a modest workforce of four dedicated individuals, they are committed to driving progress and improving the local economy.


Official website here: www.saratogaedc.com

Is Saratoga Economic Development Corporation legitimate?

Saratoga Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saratoga Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $157,636
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,426

For more financial information, click here


Official website here: www.saratogaedc.com

What is the mission statement of Saratoga Economic Development Corporation?

The Saratoga Economic Development Corporation's mission is centered around fostering job growth by actively promoting economic development. This is achieved by showcasing Saratoga County as an attractive location for both established and prospective industries and businesses. By doing so, approximately 230,000 individuals are indirectly benefiting from these services.


Official website here: www.saratogaedc.com

Who is the CEO of Saratoga Economic Development Corporation?

J Gregory Connors is the President of Saratoga Economic Development Corporation.


Official website here: www.saratogaedc.com

What is the revenue of Saratoga Economic Development Corporation?

Saratoga Economic Development Corporation's revenue in 2022 was $890,217.


Official website here: www.saratogaedc.com

Who are the executives of Saratoga Economic Development Corporation and what are their salaries?

The average compensation at Saratoga Economic Development Corporation during 2022 was $86,766. There are 4 employees at Saratoga Economic Development Corporation.

Here are 10 key members and their salaries:

    Dennis Brobston (President)
  • Compensation: $157,636
  • Related: $0
  • Other: $19,255

    • Doug Ford (Treasurer/Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Hollowood (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Longe (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zachary Manz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Munter (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Relyea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Samascott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Seaboyer (Assistant Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.saratogaedc.com

    Where can I find the form 990 for Saratoga Economic Development Corporation?

    The Saratoga Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.saratogaedc.com

    Learn more at the official website: www.saratogaedc.com

    Mission Statement of Saratoga Economic Development Corporation

    The Saratoga Economic Development Corporation, in its mission, strives to foster job growth in Saratoga County by actively promoting economic development. By positioning Saratoga County as an attractive destination for both established and prospective industries and businesses, the corporation plays a significant role in driving economic growth. Approximately 230,000 individuals benefit from these services, indirectly reaping the advantages of a thriving economic landscape.

    Impact

    This information is meant to be a general summary of Saratoga Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Saratoga Economic Development Corporation's impact includes creating job growth by promoting economic development in Saratoga County. By actively promoting Saratoga County to present and prospective industries and businesses, the organization has played a crucial role in fostering economic opportunities in the region. Approximately 230,000 people benefit from the services provided by Saratoga Economic Development Corporation, which ultimately leads to job creation and overall economic improvement in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $266
  • Program Service Revenue: $310,860
  • Gross Receipts: $961,390

    • Assets and Liabilities:
  • Total Assets: $872,200
  • Total Liabilities: $28,400
  • Net Assets: $843,800
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACT INCOME

    Revenue

    $224,999

    PACKAGING FEES

    Revenue

    $85,861

    Organization Details

    Founding Year

    1978

    Principal Officer

    J Gregory Connors

    Main Address

    56 DUPLAINVILLE ROAD, SARATOGA SPRINGS, NY, 12866

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Saratoga Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.