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Griffiss Utility Services Corporation

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

EIN: 161592039 ✦ Rome, NY ✦ Designated as a 501(c)(3)

Overview

What is Griffiss Utility Services Corporation?

Griffiss Utility Services Corporation (GUSC) is a nonprofit organization based in Rome, New York, with an address at 410 Phoenix Drive, ZIP code 13441. Their primary mission is to support the restructuring, reform, and realignment of Griffiss Business & Technology Park by acquiring, maintaining, and selling utilities to park tenants. GUSC was established to aid Griffiss Local Development Corporation (GLDC) in their endeavor to redevelop the Griffiss Business and Technology Park. The organization's workforce comprises nine individuals.


Official website here: www.gusc.net

Is Griffiss Utility Services Corporation legitimate?

Griffiss Utility Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griffiss Utility Services 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: $591,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $403,271

For more financial information, click here


Official website here: www.gusc.net

What is the mission statement of Griffiss Utility Services Corporation?

Griffiss Utility Services Corporation (GUSC) was established to aid Griffiss Local Development Corporation (GLDC) in their mission to revitalize a business and technology park. GUSC's role is to support the restructuring, reform, and realignment of the park by providing essential utilities to its tenants. By acquiring, maintaining, and selling utilities, GUSC contributes to the park's development and growth. Their mission is focused on ensuring the park's tenants have access to reliable and efficient utility services, thereby facilitating a conducive environment for businesses to thrive. GUSC's operational support is instrumental in the broader goal of GLDC to revamp the business and technology park.


Official website here: www.gusc.net

Who is the CEO of Griffiss Utility Services Corporation?

Joseph L Cunningham is the Vice Chairman of Griffiss Utility Services Corporation. The CEO's salary of Griffiss Utility Services Corporation is $251,309 and their total compensation is $296,620.


Official website here: www.gusc.net

What is the revenue of Griffiss Utility Services Corporation?

Griffiss Utility Services Corporation's revenue in 2022 was $12,954,951.


Official website here: www.gusc.net

Who are the executives of Griffiss Utility Services Corporation and what are their salaries?

The average compensation at Griffiss Utility Services Corporation during 2022 was $110,513. There are 9 employees and 7 volunteers at Griffiss Utility Services Corporation.

Here are 11 key members and their salaries (Griffiss Utility Services Corporation's CEO's salary is $251,309 and their total compensation is $296,620):

    Daniel Maneen (President/Ceo)
  • Compensation: $251,309
  • Related: $0
  • Other: $45,311

    • Aaron Falkenmeyer (Coo)
  • Compensation: $150,393
  • Related: $0
  • Other: $38,880

    • Mike Davis (Vice President Operations)
  • Compensation: $140,241
  • Related: $0
  • Other: $12,826

    • Taylor Sreca (Cfo)
  • Compensation: $95,223
  • Related: $0
  • Other: $20,102

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

    • Sandra Corney (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Stevens (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Woods (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mcnamara (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Skibitski (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Cunningham (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gusc.net

    Where can I find the form 990 for Griffiss Utility Services Corporation?

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


    Official website here: www.gusc.net

    Learn more at the official website: www.gusc.net

    Mission Statement of Griffiss Utility Services Corporation

    Griffiss Utility Services Corporation (GUSC) was established with a mission to aid Griffiss Local Development Corporation (GLDC) in their endeavor to revitalize Griffiss Business and Technology Park. In simpler terms, GUSC was formed to support GLDC's mission by managing and selling utilities to tenants within the park.

    GUSC plays a crucial role in the restructuring, reform, and realignment of Griffiss Business & Technology Park by providing essential utility services. By acquiring, maintaining, and selling utilities to park tenants, GUSC contributes significantly to the overall development and growth of the park. This collaboration between GUSC and GLDC ensures that the park remains an attractive and functional business hub.

    GUSC's involvement extends beyond the mere supply of utilities. By maintaining a high standard of service delivery, GUSC fosters a conducive business environment, enabling tenants to focus on their core operations. This support is essential for the park's tenants, as it allows them to concentrate on their businesses without worrying about the complexities of utility management. Additionally, the stability and reliability of utility services provided by GUSC are vital for attracting new tenants to the park.

    Through its commitment to excellence, GUSC is an integral part of the revitalization efforts at Griffiss Business and Technology Park. The corporation's unwavering focus on providing quality utility services enables GLDC to successfully achieve its mission of redeveloping the park into a thriving business community.

    Impact

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




    Thursday, August 15, 2024

    Griffiss Utility Services Corporation's impact lies in its vital role in the redevelopment and revitalization of the Griffiss Business and Technology Park in Rome, NY. Through its mission to support the restructuring, reform, and realignment of the park by acquiring, maintaining, and selling utilities to park tenants, GUSC plays a crucial part in the economic development and sustainability of the region. By providing essential utility services to businesses and tenants within the park, GUSC contributes to the overall growth and success of the local community while fulfilling its commitment to public benefit.





    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: $497,950
  • Program Service Revenue: $12,446,900
  • Gross Receipts: $12,956,684

    • Assets and Liabilities:
  • Total Assets: $56,113,253
  • Total Liabilities: $1,324,217
  • Net Assets: $54,789,036
  • Programs

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

    UTILITY REVENUE

    Revenue

    $12,326,900

    Organization Details

    Founding Year

    2001

    Principal Officer

    Joseph L Cunningham

    Main Address

    410 PHOENIX DRIVE, ROME, NY, 13441

    NTEE Category

    Code: W80 - Public benefit

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