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Griffiss Local Development Corporation

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

EIN: 161471446 ✦ Rome, NY ✦ Designated as a 501(c)(3)

Overview

What is Griffiss Local Development Corporation?

Griffiss Local Development Corporation is a nonprofit organization situated in Rome, New York. Their primary mission is to revitalize the former Griffiss Air Force Base, transforming it into a thriving Business and Technology Park. This involves leasing or selling underutilized buildings and vacant lands within the park. With a team of 14 dedicated individuals, they aim to foster economic growth and stimulate innovation in the local community, thereby contributing to the region's overall development.


Official website here: www.griffissldc.org

Is Griffiss Local Development Corporation legitimate?

Griffiss Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griffiss Local 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $637,804

For more financial information, click here


Official website here: www.griffissldc.org

What is the mission statement of Griffiss Local Development Corporation?

The Griffiss Local Development Corporation's mission is centered around the redevelopment of a former airforce base into a thriving business and technology park. This organization works towards transforming the vacant buildings and lands within the park, either through leasing or selling them, with the aim of establishing a bustling business hub. The corporation's activities are geared towards revitalizing the area and fostering economic growth and technological innovation.


Official website here: www.griffissldc.org

Who is the CEO of Griffiss Local Development Corporation?

Elis Delia is the Chairman of Griffiss Local Development Corporation.


Official website here: www.griffissldc.org

What is the revenue of Griffiss Local Development Corporation?

Griffiss Local Development Corporation's revenue in 2022 was $5,293,628.


Official website here: www.griffissldc.org

Who are the executives of Griffiss Local Development Corporation and what are their salaries?

The average compensation at Griffiss Local Development Corporation during 2022 was $45,557. There are 14 employees and 11 volunteers at Griffiss Local Development Corporation.

Here are 13 key members and their salaries:

    Elis Delia (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Martin (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Grogan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Degennaro (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Weiman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Lawrence (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Manuele (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Vetrone (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Winberg (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Cusack (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franca Armstrong (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Macdiarmid (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Cohen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.griffissldc.org

    Where can I find the form 990 for Griffiss Local Development Corporation?

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


    Official website here: www.griffissldc.org

    Learn more at the official website: www.griffissldc.org

    Mission Statement of Griffiss Local Development Corporation

    Griffiss Local Development Corporation is committed to transforming a former Air Force base into a thriving Business and Technology Park. Their mission, in simpler terms, involves redeveloping the abandoned space, which is located in Rome, New York, into a hub for businesses and technological innovation. This endeavor includes leasing or selling vacant buildings and unused lands within the park, all under the coordination of Griffiss Redevelopment. The corporation's goal is to breathe new life into the area, fostering economic growth and creating opportunities for businesses and the community as a whole.

    Impact

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




    Thursday, August 15, 2024

    Griffiss Local Development Corporation's impact is evident in its successful redevelopment of the former Griffiss Air Force Base in Rome, New York, into a thriving business and technology park. By coordinating the redevelopment efforts and managing the leasing and sale of unoccupied buildings and vacant lands within the park, Griffiss Local Development Corporation has played a crucial role in revitalizing the area and attracting businesses and investment. This initiative has not only created economic opportunities but has also contributed to community improvement in Rome, NY.





    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: $-31,810
  • Program Service Revenue: $3,584,006
  • Gross Receipts: $5,451,382

    • Assets and Liabilities:
  • Total Assets: $29,081,814
  • Total Liabilities: $11,167,099
  • Net Assets: $17,914,715
  • Programs

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

    BLDG LEASE INCOME

    Revenue

    $2,788,716

    OTHER LEASE INCOME

    Revenue

    $402,506

    PAYMENTS IN LIEU OF TA

    Revenue

    $353,596

    REIMBURSEMENTS

    Revenue

    $46,838

    EQUITY INCOME OF 99 OT

    Revenue

    $-7,650

    Organization Details

    Founding Year

    1994

    Principal Officer

    Elis Delia

    Main Address

    584 PHOENIX DRIVE, ROME, NY, 13441

    NTEE Category

    Code: S30Z - Community improvement

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