2026-07-06T14:22:24-05:00 2025-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2025-01-01 150618024 ROME INDUSTRIAL DEVELOPMENT CORPORATION ROME 3153380393 584 PHOENIX DRIVE ROME NY 13441 RONALD EDWARDS OFFICER 3153380393 2026-07-06 1 NICOLE E CHUBBUCK CPA P01827874 3157355216 2026-07-06 2025 2025-03-06 01:10:19Z RONALD EDWARDS 584 PHOENIX DR ROME NY 13441 245328 0 X N/A X 1959 NY TO ENCOURAGE, STIMULATE, ADVANCE, AND PROMOTE NEW AND EXISTING BUSINESSES IN THE CITY OF ROME, NEW YORK, AREA. 10 10 0 0 0 0 0 0 208762 219766 23531 25562 0 0 232293 245328 0 0 0 0 0 0 0 0 0 226848 188992 226848 188992 5445 56336 2597407 2616121 496307 458685 2101100 2157436 RIDC'S MISSION IS "TO MAINTAIN AND IMPROVE THE ECONOMIC VITALITY AND QUALITY OF LIFE OF THE CITY OF ROME AND ITS ENVIRONS BY SUPPORTING, NURTURING AND ENCOURAGING ITS COMMERCIAL, INDUSTRIAL AND FINANCIAL DEVELOPMENT." 0 0 164135 219766 RIDC OPERATES TO IMPROVE THE ECONOMIC COMMUNITY IN THE ROME, NEW YORK AREA. RIDC ACCOMPLISHES THIS THROUGH DEVELOPMENT AND ENCOURAGEMENT TO NEW AND EXISTING BUSINESSES. 164135 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X RACHEL HADDEN 3153380393 584 PHOENIX DRIVE ROME NY 13441 X RONALD EDWARDS PRESIDENT 0.00 X X 0 0 0 FRANK CARZO VICE PRESIDENT 0.00 X X 0 0 0 DENNIS SURACE TREASURER 0.00 X X 0 0 0 CAROL MANUELE SECRETARY 0.00 X X 0 0 0 ALEX FELICE DIRECTOR 0.00 X 0 0 0 STEPHEN WATERS DIRECTOR 0.00 X 0 0 0 TIMOTHY BIRNIE DIRECTOR 0.00 X 0 0 0 LORI FRIEDEN DIRECTOR 0.00 X 0 0 0 NICHOLAS ANGELICOLA DIRECTOR 0.00 X 0 0 0 DREW DEBLASIIS DIRECTOR 0.00 X 0 0 0 BRUCE HAIRSTON EX-OFFICIO 0.00 X 0 0 0 0 0 0 0 0 0 0 ECONOMIC DEVELOPMENT GROWTH ENTERPRISES 584 PHOENIX DR ROME NY 13441 ADMINISTRATIVE SERVICES 120000 1 RENTAL INCOME 531120 207039 207039 INTEREST INCOME-LOANS 525990 12727 12727 219766 25562 25562 245328 219766 0 25562 X 7565 7565 4600 4600 120000 108000 12000 1299 1299 2501 2501 34653 34653 15565 11518 4047 REPAIRS AND MAINTAINENC 2099 2099 DUES AND SUBSCRIPTIONS 300 300 BANK FEES 160 160 250 250 188992 164135 24857 0 260959 467502 718697 638242 2957 2722 836736 766901 2493466 1756897 771223 736569 6835 4185 2597407 2616121 4836 8225 9674 9674 481797 440786 496307 458685 X 2101100 2157436 2101100 2157436 2597407 2616121 56336 0 X X 1 X 0 1 0 X 176108 185679 183747 195103 207039 947676 176108 185679 183747 195103 207039 947676 0 0 0 947676 24689 16235 36371 37190 38289 152774 24689 16235 36371 37190 38289 152774 5000 28938 5187 39125 205797 230852 225305 232293 245328 1139575 0.83160 0.80210 0.13410 0.12070 X 0 327323 327323 2166143 1756897 409246 736569 DEPOSITS HELD 2500 PROJECT LIABILITIES 10124 LONG-TERM DEBT 387826 CURRENT MATURITIES OF LT DEBT 40336 440786 FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION IS ENGAGED IN A STAFF SERVICES CONTRACT WITH ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 ARTICLE II, SECTION 1: THE MEMBERS OF THE CORPORATION SHALL BE IDENTICAL AND CO-EXTENSIVE WITH, AND CONSIST OF, THOSE PERSONS WHO ARE THE DIRECTORS OF THE CORPORATION. ANY PERSON APPOINTED OR ELECTED AS A DIRECTOR OF THE CORPORATION SHALL THEREBY BECOME A MEMBER OF THE CORPORATION; SUCH MEMBERSHIP SHALL CONTINUE DURING THE PERIOD THAT SUCH PERSON IS A DULY QUALIFIED AND ACTING DIRECTOR, AND SHALL TERMINATE WHEN SUCH PERSON CEASES TO BE A DIRECTOR. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ANY DIRECTOR WHO DIES, RESIGNS, FAILS OF RE-ELECTION TO THE BOARD, OR FOR ANY OTHER REASON CEASES TO BE A MEMBER OF THE BOARD, SHALL THEREBY CEASE TO BE A MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A BY LAWS ARTICLE IV SECTION 1: THE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF GENERAL BUSINESS SHALL BE HELD DURING THE MONTH OF APRIL. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW THE FORM 990 AND THEN APPROVE THE SUBMISSION OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS AND KEY EMPLOYEE SHALL ANNUALLY SUBMIT TO THE RECORDING SECRETARY OF RIDC A WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IDENTIFIES TO THE BEST OF HIS OR HER KNOWLEDGE ANY CONFLICT OF INTEREST AND AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. ANY CONFLICTS ARE DOCUMENTED, KEPT ON FILE, AND REVIEWED BY THE AUDIT COMMITTEE ON AN AS NEEDED BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION'S INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 108,000. MANAGEMENT AND GENERAL EXPENSES 12,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR