Economic Development Growth Enterprises Corporation
Economic Development Growth Enterprises Corporation reported $6.4 million in revenue and $6.7 million in expenses for calendar year 2025. Of every $100 it spent, $91.36 went to program services, $8.64 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 73.0% of the total. Government grants made up 9.8%. The highest compensation it reported for one person was $270,718 (PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue fell 62% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $6.7MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $6.4MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.4% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.6% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.2% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 9.8% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 73.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $270,718 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.06% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 3 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 55.6 | 6.8 |
| Independent voting board members Part VI 1a–1b | 46 of 51 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseEconomic Development Growth Enterprises corporation (edge) and its subsidiary are involved in activities designed to improve and expand the business community and employment within oneida county, n.y., and its environs and promote the general Economic Development of the area. A primary activity of edge is the arrangement of and/or participation in financing packages for local businesses, principally through local banks, the small business administration, and the empire state development corporation. In addition, edge prepares Economic Development plans, performs research, and carries out a…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $217,722 | $0 | $52,996 | $270,718 |
| SECRETARY, NON-VOTING Officer, 40.00 hrs/week | $114,736 | $0 | $23,823 | $138,559 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $116,225 | $0 | $16,445 | $132,670 |
| SECRETARY, NON-VOTING Officer, 40.00 hrs/week | $64,488 | $0 | $6,264 | $70,752 |
3 people received more than $100,000 in reportable compensation from Economic Development Growth Enterprises Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $613K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b51 · 46 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 521
- Volunteers Part I, line 651
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| VIP STRUCTURES INC Architect | $7,054,483 |
| WOLFSPEED Contractual | $1,039,843 |
| ATREG INC Consultants | $270,266 |
| WESTON & SAMPSON PE LS LA ARCHITECTS P Architect | $268,804 |
| SAUNDERS KAHLER LLP Legal | $245,594 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Economic Development Growth Enterprises Corporation totaling $10,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Economic Development Growth Enterprises Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Economic Development Growth Enterprises Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Economic Development Growth Enterprises Corporation spent in 2025, $91.36 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Northeastern Association of the Blind at AlbanyAlbany, NY · revenue $6.3M · programs 84.5% · 2025
- National Children's Advocacy CenterHuntsville, AL · revenue $6.4M · programs 75.7% · 2025
- Jewish Community Relations Council of San Francisco Marin & PeninsulaSan Francisco, CA · revenue $5.7M · programs 56.0% · FY2025
- HopeworksAlbuquerque, NM · revenue $6.7M · programs 100.0% · FY2025
- Pih Health FoundationWhittier, CA · revenue $5.7M · programs 28.5% · FY2025
Questions people ask
How much of Economic Development Growth Enterprises Corporation's spending goes to programs?
In calendar year 2025, Economic Development Growth Enterprises Corporation reported that 91.4% of its $6.7 million in expenses went to program services, 8.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Economic Development Growth Enterprises Corporation pay its top executive?
The largest total compensation Economic Development Growth Enterprises Corporation reported for one person in calendar year 2025 was $270,718, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Economic Development Growth Enterprises Corporation get its money?
Of $6.4 million in revenue in calendar year 2025, 20.2% came from contributions and grants (including 9.8% from government grants) and 73.0% from program service revenue (Form 990, Part VIII).
Is Economic Development Growth Enterprises Corporation a registered charity?
The IRS lists EIN 16-0874637 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202622669349301027 · read the filing
- 2024: Form 990 for calendar year 2024, object 202501779349301120 · read the filing
- 2023: Form 990 for calendar year 2023, object 202411989349301401 · read the filing
- 2022: Form 990 for calendar year 2022, object 202301729349300415 · read the filing
- 2021: Form 990 for calendar year 2021, object 202241749349301204 · read the filing
- 2020: Form 990 for calendar year 2020, object 202101699349301260 · read the filing
- 2019: Form 990 for calendar year 2019, object 202011899349301761 · read the filing
All filings for EIN 16-0874637: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.