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Nonprofit · EIN 14-1674747

GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION

Tax-exempt · GLENS FALLS, NY 12801

Financials

$187K$409K2023$273K$443K2024$83K$91K2025
Revenue Expenses · by fiscal year end
Financials of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$82,745$91,136-$8,391$2,366,175$273,550$2,092,625
December 31, 2024990 (amended)$273,391$442,661-$169,270$2,377,342$276,326$2,101,016
December 31, 2023990$187,152$408,614-$221,462$2,576,941$305,533$2,271,408
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$82,458
Program service revenue
$0
Investment income
$287
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$13,664
Salaries, compensation and benefits (total)
$13,664
Professional fundraising fees
$0
Legal fees
$3,600
Accounting fees
$7,400
Occupancy
$7,224
Program services (functional)
$91,136

Balance sheet and other

Total assets, start of year
$2,377,342
Total assets, end of year
$2,366,175
Total liabilities, end of year
$273,550
Net assets, end of year
$2,092,625
Land, buildings and equipment
$1,220,842
Net assets without donor restrictions
$1,220,842
Net assets with donor restrictions
$871,783
Gross receipts
$82,745
Employees
2
Volunteers
0
Year formed
1984
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Mark ToomeyCFO
Officer
10$7,164
Patrick DowdCEO
Trustee or director, Officer
20$6,500
Mayor Bill CollinsChairman
Trustee or director, Officer
1$0
Judy CalogeroChairman
Trustee or director, Officer
1$0
Jane ReidDirector
Trustee or director
1$0
John CordesVice Chairman
Trustee or director, Officer
1$0
Mary GoodenDirector
Trustee or director
1$0
Tim LarsonDirector
Trustee or director
1$0
Denise ConklinVice Chair
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
Mark ToomeyCFO
Officer
10$6,372
Patrick DowdCEO
Trustee or director, Officer
20$6,250
Mayor Bill CollinsChairman
Trustee or director, Officer
1$0
Judy CalogeroChairman
Trustee or director, Officer
1$0
Jane ReidDirector
Trustee or director
1$0
John CordesVice Chairman
Trustee or director, Officer
1$0
Mary GoodenDirector
Trustee or director
1$0
Tim LarsonDirector
Trustee or director
1$0
Denise ConklinVice Chair
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MARK TOOMEYCFO
Officer
10$10,893
PATRICK DOWD APRIL THROUGH DECEMBERCEO
Trustee or director, Officer
20$6,000
MAYOR BILL COLLINSCHAIRMAN
Trustee or director, Officer
1$0
JUDY CALOGEROSECRETARY
Trustee or director, Officer
1$0
JANE REIDDIRECTOR
Trustee or director
1$0
DR JOHN CORDESTREASURER
Trustee or director, Officer
1$0
MARY GOODENDIRECTOR
Trustee or director
1$0
TIM LARSONDIRECTOR
Trustee or director
1$0
DENISE CONKLINVICE CHAIR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
42 RIDGE ST, GLENS FALLS, NY 12801-3610
In care of
% PATRICK DOWD
Mailing address (990-N for 2024)
42 Ridge St, Glens Falls NY 12801
Principal officer (990 for 2025)
Mark Toomey, 42 RIDGE ST, GLENS FALLS, NY 12801
Principal officer (990-N for 2024)
Edward Bartholomew, 42 Ridge Street, Glens Falls NY 12801
Signed the 990
Mark Toomey, CFO
Phone
(518) 361-6395

Mission

See Schedule O

990 for the year ended December 31, 2025

Program accomplishments

  • Improvements to City of Glens Falls Businesses and Properties
    Expenses $91,136

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1674747
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,366,175
Income (IRS master file)
$82,745

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$82,745$91,136$2,366,175IRS
990-N for 2024
Officer: Edward Bartholomew
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2024$273,391$442,661$2,377,342IRS
990December 2023$187,152$408,614$2,576,941IRS
990December 2022$287,113$335,896$2,853,769IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 14-1674747).

Questions about GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION

What is the EIN of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION is 14-1674747.
Is GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1990.
Are donations to GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names Mark Toomey.
Who are the officers and directors of GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $7,164 (Mark Toomey, CFO).
How much revenue does GREATER GLENS FALLS LOCAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $82,745, expenses of $91,136 and total assets of $2,366,175 at year end.

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