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Filing year 2024

ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION

Rome, New York·EIN 16-0874637·3
Total revenue
$10.8M
Total assets
$50.4M
Total expenses
$6.9M
Reported officers
61
Mission

STRENGTHEN LOCAL BUSINESS, ATTRACT NEW INDUSTRIES AND TALENT, AND CREATE VIBRANT COMMUNITIES TO GROW THE MOHAWK VALLEY ECONOMY.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

$207k
$224k
Base
$162k
Bonus
Other
Benefits
$29k
Chief Financial Officer
$144k
$156k
Vice President Planning an
vice president
$128k
$138k
Former President
$103k
$111k
Secretary, Non-voting
secretary (operational)
$99k
$106k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 56 unpaid individuals.

Down 34%
from 2023

From $314k in 2023 to $207k in 2024.

$314k
2023
$207k
2024
In today's dollarsEst.
Down 36% in real terms$351k to $224k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.2M
$8.3M
2023
$10.8M
$6.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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