2025-09-30T08:41:21-05:00 2022-12-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2022-01-01 141598275 ULSTER COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC ULST 8453403556 PO BOX 1800 244 FAIR STREET KINGSTON NY 12402 WARD TODD TREASURER 8453403556 2025-09-20 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-09-15 2022 2025-03-06 01:10:19Z X WARD TODD PO BOX 1800 244 FAIR STREET KINGSTON NY 12402 2606742 0 X ULSTERCOUNTYNY.GOV X 1964 NY ULSTER COUNTY ECONOMIC DEVELOPMENT ALLIANCE PROMOTES JOB GROWTH, ECONOMIC DEVELOPMENT, AND COMMUNITY REVITALIZATION FOR ULSTER COUNTY AND PROVIDES BUSINESS FINANCING. 7 7 0 0 0 0 23500 1693204 25549 14723 184 2889 203937 322691 253170 2033507 0 1059213 0 0 0 0 0 0 0 230731 930287 230731 1989500 22439 44007 6840689 7177637 5180431 5473372 1660258 1704265 ULSTER COUNTY ECONOMIC DEVELOPMENT ALLIANCE PROMOTES JOB GROWTH, ECONOMIC DEVELOPMENT, AND COMMUNITY REVITALIZATION FOR ULSTER COUNTY AND PROVIDES BUSINESS FINANCING. 0 0 1671366 1059213 2022 ACCOMPLISHMENTS INCLUDE PROMOTION OF ECONOMIC DEVELOPMENT IN ULSTER COUNTY THROUGH BUSINESS ATTRACTION MARKETING CAMPAIGN, A MONTHYLY "FEATURED PROPERTIES" E-MAIL, HOSTING OF EVENTS FOR ECONOMNIC DEVELOPMENT IN ULSTER COUNTY, AND AID TO SMALL BUSINESS IN REPSONSE TO THE COVID-19 PANDEMIC. THE ORGANIZATION ALSO CONTINUED IMPLEMENTATION OF ULSTER COUNTY'S ELLENVILLE MILLION INITIATIVE AND SERVES AS THE ADMINISTRATOR OF THE ULSTER COUNTY REVOLVING LOAN FUNDS. 1671366 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X WARD TODD 8453403556 PO BOX 1800 244 FAIR STREET KINGSTON NY 12402 ADAM KOROL CFO 11.00 24.00 X X 0 94591 10885 BRIAN CAHILL DIRECTOR 1.00 34.00 X 0 14000 0 HERBERT LITTS VICE CHAIR 1.00 34.00 X X 0 14000 0 SARAH HALEY CHAIR 1.00 0.00 X X 0 0 0 WARD TODD SECRETARY & TREASURER 1.00 0.00 X X 0 0 0 ASHLEY KNOX DIRECTOR 1.00 0.00 X 0 0 0 ZAC KLEINHANDLER DIRECTOR 1.00 0.00 X 0 0 0 TODD DIORIO DIRECTOR 1.00 0.00 X 0 0 0 TIM WEIDEMAN CEO/PRESIDENT 1.00 34.00 X 0 102956 22033 0 225547 32918 0 0 0 0 0 1692804 400 1693204 INTEREST ON LOANS 900099 14218 14218 LATE FEES COLLCTED 900099 505 505 14723 2889 2889 611931 573235 38696 38696 38696 CONTRACT AND ADMIN FEE 900099 278669 278669 BAD DEBT RECOVERY 900099 4326 4326 MISCELLANEOUS 900099 1000 1000 283995 2033507 298718 0 41585 1059213 1059213 152577 152577 25765 25765 26002 26002 40558 40558 22255 1801 20454 13534 1353 12181 PROERTY EXPENSES 608999 608999 APPRAISALS 30000 30000 UNRELATED BUSINESS TAX 10597 10597 1989500 1671366 318134 0 1232151 1519023 26382 170791 266866 437747 5365366 5000000 0 6840689 7177637 179673 172470 26382 758 51767 5000000 5222753 5180431 5473372 X 1660258 1704265 0 0 0 0 1660258 1704265 6840689 7177637 44007 0 X 0 1 X 1 1 1 X 341860 191009 283708 23500 1693204 2533281 101175 101541 107667 85000 95138 490521 443035 292550 391375 108500 1788342 3023802 3023802 525 444 480 14418 2889 18756 38290 33070 26851 189873 294392 582476 3625034 0.83410 0.83390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 11,495. 2020 AMOUNT: $ 200. 2021 AMOUNT: $ 499. 2022 AMOUNT: $ 1,000. INTEREST ON LOAN PROGRAM - 2018 AMOUNT: $ 25,706. 2019 AMOUNT: $ 32,621. 2020 AMOUNT: $ 25,081. 2021 AMOUNT: $ 24,142. 2022 AMOUNT: $ 14,218. LATE FEES COLLECTED - 2018 AMOUNT: $ 1,089. 2019 AMOUNT: $ 449. 2020 AMOUNT: $ 570. 2021 AMOUNT: $ 1,407. 2022 AMOUNT: $ 505. APPLICATION FEES - 2020 AMOUNT: $ 1,000. 2021 AMOUNT: $ 163,825. 2022 AMOUNT: $ 278,669. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACCRUED TAXES 10597 DUE TO ULSTER COUNTY 5212156 5222753 X 2602416 0 2602416 -568909 -568909 2033507 2558409 568909 568909 1989500 0 1989500 PART X, LINE 2: THE ALLIANCE HAS EVALUATED ANY UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DETERMINED UNCERTAIN POSITIONS, IF ANY, ARE NOT MATERIAL TO THE FINANCIAL STATEMENTS, ACCORDING TO ASC 740-10. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. NONE OF THE ALLIANCE'S RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES BAD DEBT RECOVERY PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES BAD DEBT RECOVERY 0 COUNTY OF ULSTER 244 FAIR STREET KINGSTON NY 12402 146002575 SEC 115 1059213 0 ASSISTANCE TO RELATED ORGANIZATION AMENDED 990 AND 990-T ORIGINAL RETURNS REPORTED RENTAL REVENUE FROM REAL PROPERTY AS UNRELATED BUSINESS INCOME. FORM 990 AND 990-T ARE BEING AMENDED TO EXCLUDE RENTAL REVENUE AND CLAIM A REFUND OF UBIT TAX. NO SERVICES OR LEASED EQUIPMENT WERE PROVIDED. CHANGES ARE AS FOLLOWS: FORM 990 LINE # ORIGINAL AS AMENDED PAGE 1, LINE 7A UNRELATED BUSINESS REV. $38,696 $0 PAGE 1, LINE 7B NET UNRELATED BUSINESS REV. 34,303 0 PAGE 5, LINE 3A GROSS UBI OF $1,000 OF MORE YES NO PAGE 5, LINE 3B FILED FORM 990-T YES NO FORM 990-T LINE # ORIGINAL AS AMENDED PART I, LINES 1, 3, 5, 7 35,303 $0 PART II, LINES 1,7 7,204 0 PART III, LINE 2,4 7,204 0 PART III, LINE 6G,7 0 7,545 PART III, LINE 8 341 0 PART III, LINE 9 7,545 0 PART III, LINE 9, 10 0 7,545 FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF THE CORPORATION IS THE COUNTY EXECUTIVE OF ULSTER COUNTY. THE NUMBER OF DIRECTORS SHALL BE SEVEN AS FOLLOWS: (I) FIVE DIRECTORS SHALL BE APPOINTED BY THE MEMBER; AND (II) THE CHAIR OF THE ECONOMIC DEVELOPMENT AND TOURISM COMMITTEE OF THE ULSTER COUNTY LEGISLATURE, OR HIS OR HER DESIGNEE, SHALL BE AN EXOFFICIO DIRECTOR; AND (III) THE RANKING MEMBER OF THE ECONOMIC DEVELOPMENT AND TOURISM COMMITTEE OF THE ULSTER COUNTY LEGISLATURE, OR HIS OR HER DESIGNEE, SHALL BE AN EXOFFICIO DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS EMAILED TO THE BOARD MEMBERS FOR APPROVAL BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C IN THE EVENT THAT A CONFLICT ARISES WITH RESPECT TO ANY MEMBER, DIRECTOR, OFFICER, OR STAFF MEMBER, HE OR SHE MUST NOTIFY THE CHAIRMAN AND WITHDRAW FROM PARTICIPATION IN ANY PROCESS WITH RESPECT TO SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION WHEN NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ULSTER COUNTY 244 FAIR STREET KINGSTON NY 12402 146002575 GOVERNMENT NY 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 ULSTER COUNTY C 745747 COST ULSTER COUNTY O 95138 COST ULSTER COUNTY Q 278669 COST