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Economic Development Corporation
Community Development · Glens Falls, New York
11 South St Ste 201, Glens Falls, NY 12801-3595
EIN: 141757090· Founded: Sep 1993· 33 years active· Filing Year: 2023
Annual Revenue
$638K
Total Expenses
$715K
Total Assets
$1.1M
Program Spending
2%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$167K
23.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$230K
Total Payroll
$397K
56% of total expenses
Where the Money Goes
2%
Programs: 2%
Payroll: 56%
Other overhead: 98%
Program Revenue$14K (2%)
Total Expenses$715K (100%)
Payroll$397K (56%)
Overhead (non-program)98%
Trust Score Breakdown
Program Spending Ratio
2% of expenses go to programs
Revenue & Stability
$638K annual revenue
Executive Compensation
$167K total officer comp (23.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.1M 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.