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Adirondack Economic Development Corp
Community Development · Saranac Lake, New York
67 Main St Ste 300, Saranac Lake, NY 12983-5747
EIN: 222243540· Founded: Jul 1996· 30 years active· Filing Year: 2023
Annual Revenue
$950K
Total Expenses
$757K
Total Assets
$3.7M
Program Spending
15%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$163K
21.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$232K
Total Payroll
$395K
52% of total expenses
Where the Money Goes
15%
Programs: 15%
Payroll: 52%
Other overhead: 85%
Program Revenue$114K (12%)
Total Expenses$757K (80%)
Payroll$395K (52%)
Overhead (non-program)85%
Trust Score Breakdown
Program Spending Ratio
15% of expenses go to programs
Revenue & Stability
$950K annual revenue
Executive Compensation
$163K total officer comp (21.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.7M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.