Nonprofit · EIN 14-1763507
FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION
Tax-exempt · MALONE, NY 12953
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,900,277 | $1,888,170 | $12,107 | $2,375,535 | $77,304 | $2,298,231 |
| December 31, 2024 | 990 | $711,325 | $854,302 | -$142,977 | $2,365,932 | $79,808 | $2,286,124 |
| December 31, 2023 | 990 | $656,958 | $771,360 | -$114,402 | $2,550,163 | $121,062 | $2,429,101 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,541,485
- of which government grants
- $1,523,850
- Program service revenue
- $319,325
- Investment income
- $39,467
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,533,240
- Other salaries and wages
- $120,209
- Salaries, compensation and benefits (total)
- $147,361
- Professional fundraising fees
- $0
- Legal fees
- $2,430
- Accounting fees
- $7,084
- Occupancy
- $18,200
- Depreciation
- $1,527
- Program services (functional)
- $1,853,529
- Management and general (functional)
- $34,641
Balance sheet and other
- Total assets, start of year
- $2,365,932
- Total assets, end of year
- $2,375,535
- Total liabilities, end of year
- $77,304
- Net assets, end of year
- $2,298,231
- Land, buildings and equipment
- $8,478
- Net assets without donor restrictions
- $2,298,231
- Gross receipts
- $1,900,277
- Employees
- 2
- Volunteers
- 8
- Year formed
- 1995
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY BOYEA | CHAIR - INCO Trustee or director, Officer | 1 | $0 |
| JAMES ELLIS | CHAIR - OUTG Trustee or director, Officer | 1 | $0 |
| NATE MONETTE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ARCHIE MCKEE | TREASURER - Trustee or director, Officer | 1 | $0 |
| NICK RUSSELL | SECRETARY Trustee or director, Officer | 1 | $0 |
| MELISSA MILLS | ASSISTANT SE Trustee or director, Officer | 1 | $0 |
| CLYDE RABIDEAU | MEMBER Trustee or director | 1 | $0 |
| SCOTT GORDON | MEMBER Trustee or director | 1 | $0 |
| JEREMY EVANS | CEO Officer | 20 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES ELLIS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHERRY BOYEA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ARCHIE MCKEE | TREASURER Trustee or director, Officer | 1 | $0 |
| NICK RUSSELL | SECRETARY Trustee or director, Officer | 1 | $0 |
| MELISSA MILLS | ASSISTANT SE Trustee or director, Officer | 1 | $0 |
| CLYDE RABIDEAU | MEMBER Trustee or director | 1 | $0 |
| NATE MONETTE | MEMBER Trustee or director | 1 | $0 |
| JEREMY EVANS | CEO Officer | 20 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES ELLIS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHERRY BOYEA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ARCHIE MCKEE | TREASURER Trustee or director, Officer | 1 | $0 |
| MADELYN FLEURY | SECRETARY Trustee or director | 1 | $0 |
| STEPHEN ERMAN | ASSISTANT SE Trustee or director, Officer | 1 | $0 |
| DANIEL MILLS | MEMBER Trustee or director | 1 | $0 |
| NATE MONETTE | MEMBER Trustee or director | 1 | $0 |
| JEREMY EVANS | CEO Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 360 W MAIN ST, MALONE, NY 12953-1750
- Principal officer (990 for 2025)
- JEREMY EVANS, 360 WEST MAIN STREET, MALONE, NY 12953
- Signed the 990
- JEREMY EVANS, CEO
- Phone
- (518) 483-9472
- Website
- WWW.ADIRONDACKFRONTIER.COM
- Return prepared by
- CROWLEY & HALLORAN CPAS PC
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.
Program accomplishments
- ECONOMIC DEVELOPMENT ACTIVITIESExpenses $320,289 · revenue $319,325
- GRANTS TO OTHERS, IDA AND SUPPORT OF BUSINESSESExpenses $1,533,240 · grants $1,533,240
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 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
- 14-1763507
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $2,375,535
- Income (IRS master file)
- $1,900,277
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,900,277 | $1,888,170 | $2,375,535 | IRS |
| 990 | December 2024 | $711,325 | $854,302 | $2,365,932 | XML |
| 990 | December 2023 | $656,958 | $771,360 | $2,550,163 | XML |
| 990 | December 2022 | $888,839 | $1,321,109 | $2,712,658 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 14-1763507).
Questions about FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION
- What is the EIN of FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION is 14-1763507.
- Is FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKLIN COUNTY 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 FRANKLIN COUNTY 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 FRANKLIN COUNTY 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 FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names JEREMY EVANS.
- Who are the officers and directors of FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FRANKLIN COUNTY LOCAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,900,277, expenses of $1,888,170 and total assets of $2,375,535 at year end.
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All nonprofits in MALONE · New York · Community improvement and capacity building