Nonprofit · EIN 14-1627619
PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION
Also known as GLOVERSVILLE EDC
Tax-exempt · GLOVERSVILLE, NY 12078
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,242 | $13,616 | $626 | $598,417 | $0 | $598,417 |
| December 31, 2023 | 990 | $7,755 | $14,797 | -$7,042 | $597,791 | $0 | $597,791 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $14,242
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,458
- Accounting fees
- $2,750
- Program services (functional)
- $6,169
- Management and general (functional)
- $7,447
Balance sheet and other
- Total assets, start of year
- $597,791
- Total assets, end of year
- $598,417
- Total liabilities, end of year
- $0
- Net assets, end of year
- $598,417
- Net assets without donor restrictions
- $598,417
- Gross receipts
- $14,242
- Employees
- 0
- Year formed
- 1981
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN CASEY | BOARD MEMBER Trustee or director | – | $0 |
| TRACEY GREEN | BOARD MEMBER Trustee or director | – | $0 |
| JOHN HERLETT | BOARD MEMBER Trustee or director | – | $0 |
| RICK RUBY JR | BOARD MEMBER Trustee or director | – | $0 |
| MARK KILMER | BOARD MEMBER Trustee or director | – | $0 |
| DIANA MARSHALL | BOARD MEMBER Trustee or director | – | $0 |
| WALLY HART | SECRETARY/TR Officer | – | $0 |
| JOSEPH LANDER | VICE PRESIDE Officer | – | $0 |
| JOYCE ROYAL | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN CASEY | BOARD MEMBER Trustee or director | – | $0 |
| TRACEY GREEN | BOARD MEMBER Trustee or director | – | $0 |
| JOHN HERLETT | BOARD MEMBER Trustee or director | – | $0 |
| RICK RUBY JR | BOARD MEMBER Trustee or director | – | $0 |
| MARK KILMER | BOARD MEMBER Trustee or director | – | $0 |
| JOSEPH LANDER | BOARD MEMBER Trustee or director | – | $0 |
| DIANA MARSHALL | BOARD MEMBER Trustee or director | – | $0 |
| WALLY HART | SECRETARY/TR Officer | – | $0 |
| JOYCE ROYAL | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2 N MAIN ST, GLOVERSVILLE, NY 12078-3004
- Principal officer (990 for 2024)
- JOYCE ROYAL, 2 N MAIN STREET, GLOVERSVILLE, NY 12078
- Signed the 990
- JOYCE ROYAL, PRESIDENT
- Phone
- (518) 725-0641
- Return prepared by
- WEST & COMPANY CPAS PC
Mission
FEDERAL UDAG GRANT LOW INTEREST LOANS TO LOCAL BUSINESSES TO PROMOTE HIRING OF LOCAL WORKERS.
Program accomplishments
- FEDERAL UDAG GRANT LOW INTEREST LOANS TO LOCAL BUSINESSES TO PROMOTE HIRING OF LOCAL WORKERSExpenses $6,169
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1627619
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $598,417
- Income (IRS master file)
- $14,242
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,242 | $13,616 | $598,417 | XML |
| 990 | December 2023 | $7,755 | $14,797 | $597,791 | XML |
| 990 | December 2022 | $27,162 | $13,369 | $604,833 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1627619).
Questions about PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION
- What is the EIN of PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION is 14-1627619.
- Is PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names JOYCE ROYAL.
- Who are the officers and directors of PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PROMOTE GLOVERSVILLE DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,242, expenses of $13,616 and total assets of $598,417 at year end.
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