CSCharityScored
33

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

40%

Revenue & Stability

$638K annual revenue

15%

Executive Compensation

$167K total officer comp (23.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.