2024-07-23T12:36:47-04:00 2023-12-31 364709572 CROWLEY & HALLORAN CPAS PC 215 WASHINGTON ST STE 100 WATERTOWN NY 136013343 990 2023-01-01 141763507 FRANKLIN COUNTY ECONOMIC DEVELOPMENT CORPORATION FRAN 5184839472 360 W MAIN ST MALONE NY 12953 JEREMY EVANS CEO 5184839472 2024-06-24 JEREMY EVANS 000000306 true PAMELA J HALLORAN P00804150 3157883140 2024-07-15 2023 2023-04-26 12:10:37Z X JEREMY EVANS 360 WEST MAIN STREET MALONE NY 12953 656958 false X WWW.FRANKLINIDA.ORG X 1995 NY THE EDC IS COMMITTED TO SERVING NEW AND EXISTING BUSINESSES AND INDUSTRIES, AND TO ASSIST WITH THE CREATION AND RETENTION OF QUALITY JOBS THROUGH DIRECT AND COLLABORATIVE FUNDING OF PROJECTS FOR THE ECONOMIC WELL BEING OF FRANKLIN COUNTY. 7 7 3 8 0 802612 444178 71924 173595 304 39160 13999 25 888839 656958 808201 360807 0 236086 190870 0 0 276822 219683 1321109 771360 -432270 -114402 2712658 2550163 169155 121062 2543503 2429101 X THE EDC IS COMMITTED TO SERVING NEW AND EXISTING BUSINESSES AND INDUSTRIES, AND TO ASSIST WITH THE CREATION AND RETENTION OF QUALITY JOBS THROUGH DIRECT AND COLLABORATIVE FUNDING OF PROJECTS FOR THE ECONOMIC WELL BEING OF FRANKLIN COUNTY. false false 368505 173595 ECONOMIC DEVELOPMENT ACTIVITIES 360807 360807 GRANTS TO OTHERS, IDA AND SUPPORT OF BUSINESSES 729312 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 1 0 3 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false NY X FRANKLIN CO ECONOMIC DEVELOPMENT CO 5184839472 360 WEST MAIN STREET MALONE NY 12953 X JAMES ELLIS CHAIRMAN 1.00 X X 0 0 0 SHERRY BOYEA VICE CHAIR 1.00 X X 0 0 0 ARCHIE MCKEE TREASURER 1.00 X X 0 0 0 MADELYN FLEURY SECRETARY 1.00 X 0 0 0 STEPHEN ERMAN ASSISTANT SE 1.00 X X 0 0 0 DANIEL MILLS MEMBER 1.00 X 0 0 0 NATE MONETTE MEMBER 1.00 X 0 0 0 JEREMY EVANS CEO 20.00 X 0 0 0 false false false 437178 7000 444178 CHARGES FOR SERVICES 110877 110877 LOAN INTEREST INCOME 62718 62718 173595 39160 39160 OTHER REVENUE 25 25 25 656958 173620 39160 360807 360807 153283 137955 15328 37587 33848 3739 10646 5323 5323 6782 3391 3391 15693 15693 8930 6195 2735 3624 1812 1812 5972 5972 321 321 15475 7738 7737 2502 1251 1251 BAD DEBT EXPENSE 81129 81129 CONSULTANT 52642 52642 MISCELLANEOUS 15647 15396 251 BANK FEES 320 160 160 771360 729312 42048 0 1216231 1220343 364864 179480 1090978 1124513 3846 4565 85444 64182 36739 21262 2712658 2550163 141543 89929 20000 27612 11133 169155 121062 X 2543503 2429101 2543503 2429101 2712658 2550163 -114402 X false true X true false X 194822 595981 306857 802612 444178 2344450 194822 595981 306857 802612 444178 2344450 2344450 41023 12913 792 304 39160 94192 2438642 737096 0.96140 0.96500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85444 64182 21262 21262 OPERATING LEASE LIABILITY 11133 11133 X 656958 656958 656958 771360 771360 771360 SCHEDULE D, PAGE 3, PART X FASB ASC 740, INCOME TAXES, REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING 2020 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. FRANKLIN COUNTY ECONOMIC DEVELOPMENT CORPORATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITY FOR PENALTIES OR INTEREST. SCHEDULE D, PAGE 4, PART XIII FRANKLIN COUNTY ECONOMIC DEVELOPMENT CORPORATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THESE FINANCIAL STATEMENTS. false ADIRONDACK HAMLETS TO HUTS 47 MAIN STREET SARANAC LAKE NY 12983 10000 MICROENTERPRISEGRANT BLACK MOUNTAIN PROPERTY MANAGEMENT 16 ACADEMY ST SARANAC LAKE NY 12983 49500 DRI SL COUNTY OF FRANKLIN INDUSTRIAL DEVELOPMENT AGENCY 355 WEST MAIN STREET SUITE 428 MALONE NY 12953 GOV 50000 SUBSIDY HES VENTURES LLC 33 DEPOT ST SARANAC LAKE NY 12983 57400 DRI SL HISTORIC SARANAC LAKE 89 CHURCH STREET SUITE 2 SARANAC LAKE NY 12983 10000 MICROENTERPRISE GRAN LARKIN ENTERPRISES 58 MAIN ST TUPPER LAKE NY 12986 24500 SMART GROWTH NORI'S VILLAGE MARKET 138 CHURCH ST SARANAC LAKE NY 12983 66712 DRI SL ROMANO'S SARANAC LANES INC 11 BLOOMINGDALE AVE SARANAC LAKE NY 12983 23407 DRI SL WATERHOLE MUSIC LOUNGE 48 MAIN ST SARANAC LAKE NY 12983 13134 MICROENTERPRISEGRANT FRANKLIN SQUARE PROPERTIES 470 E MAIN ST MALONE NY 12953 50000 NYMS FORM 990 - ORGANIZATION'S MISSION THE EDC IS COMMITTED TO SERVING NEW AND EXISTING BUSINESSES AND INDUSTRIES, AND TO ASSIST WITH THE CREATION AND RETENTION OF QUALITY JOBS THROUGH DIRECT AND COLLABORATIVE FUNDING OF PROJECTS FOR THE ECONOMIC WELL BEING OF FRANKLIN COUNTY. FORM 990, PAGE 6, PART VI, LINE 11B BOARD REVIEWS A DRAFT COPY OF THE 990 BEFORE SUBMISSION FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR EMPLOYEES IS DETERMINED AND APPROVED BY THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 19 X