named programs · 6 · from sources
What they call their work
Bond Financing
Offers tax-exempt or taxable industrial revenue bonds for manufacturing, warehousing, research, commercial, and industrial projects that create jobs and invest capital.
Greater Massena Economic Development Fund
Administers low-interest loans up to $200,000 or 30% of project costs for business growth, funded by NYPA.
Microenterprise Program
Offers financing assistance to low- and moderate-income individuals in St. Lawrence County to start or expand microenterprises with up to five employees.
Real Property Tax Abatement
Provides 10-year real property tax abatements on construction or renovation value in exchange for PILOT payments, approved by local taxing jurisdictions.
SLC IDA Local Development Corporation Business Venture Fund
Provides fixed-rate, low-interest loans up to $400,000 or 30% of project costs for eligible businesses in manufacturing, industrial, commercial, and warehousing sectors.
Sales and Use Tax Exemption
Allows developers to purchase construction materials, equipment, and services exempt from local and state sales and use taxes as agents of the IDA.
activities · 9 groups
What they do
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Local Business Financing and Incentives 2 activities
- Administration of economic development fundsAdministers funds from the New York Power Authority for economic development activities in St. Lawrence County, including business financing and infrastructure support.
- Tax and financial incentives for businessesOffers real property tax abatements, sales and use tax exemptions, and mortgage recording tax exemptions to support new or expanding businesses in St. Lawrence County.
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Regional Economic Development Initiatives 2 activities
- Business support and development servicesProvides comprehensive support to businesses including assistance with financing, real estate, workforce development, access to international transportation routes, renewable energy, R&D partnerships with universities, and customized training to promote growth and innovation in manufacturing, food processing, and tourism sectors.
- University-business collaboration facilitationFacilitates partnerships between five nationally recognized colleges and universities and local businesses to support access to skilled graduates, R&D collaboration, and workforce development.
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Small Business and Nonprofit Lending 1 activity
- Business financing and loan assistanceProvides a range of financing options including low-interest loans (up to $400,000 or 30% of project costs), 0% interest and fee-free loans ($1,000–$15,000), and industrial revenue bond financing to support business startups, expansions, and microenterprises in St. Lawrence County. Offers fixed-rate loans at half the prime rate plus 1%.
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Women Entrepreneurs Grant Programs 1 activity
- Fiber network expansion fundingProvides loans and grants to support the expansion of fiber network access for businesses in St. Lawrence County, enhancing digital infrastructure for economic development.
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Flexible Grants to Grassroots Organizations 1 activity
- Grantmaking for community and environmental projectsAdministers the Community Development and Environmental Improvement Program (CDEIP), which funds projects by communities and nonprofits that deliver economic, community, or environmental benefits in St. Lawrence County.
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Transparent Governance Meetings 1 activity
- Public meeting transparency and accessibilityLive streams and records all organizational meetings and makes them available on the organization's YouTube channel to ensure transparency and public access.
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Land Bank Property Revitalization 1 activity
- Site and facility development for economic growthConstructs, acquires, rehabilitates, and improves sites, buildings, and infrastructure to support job creation and business expansion. Develops properties for sale or lease and manages large-scale infrastructure projects, including water systems and environmental remediation.
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Website Accessibility Implementation 1 activity
- Website accessibility complianceDesigned and maintains its website in compliance with Section 508 and WCAG 2.0 A and AA accessibility standards, and provides a contact mechanism for users to report accessibility issues.
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Uncategorized 2 activities
- Hydropower allocation for business attractionAllocates up to 20 MW of hydropower from the St. Lawrence Franklin D. Roosevelt Power Project to support business expansion and attraction in St. Lawrence County.
- Infrastructure project procurementSeeks bids and proposals for infrastructure maintenance and improvement projects, including construction, lawn care, snow removal, asphalt work, and building development across industrial parks in St. Lawrence County.
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financials · form 990 · fy2025
revenue
Total revenue$82K
Contributions & grants$19K24%
Program service revenue$60K73%
Investment income$3K3%
Other revenue$0
expenses
Total expenses$102K
Program expenses51%
Admin / overhead49%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$2.02M
Cash$147K
Investments$0
Liabilities$849K
Net assets$1.17M
Liquid reserves17.4 mo
6 years on record · 2020–2025 · YoY revenue -83.7%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| PATRICK J KELLY | CEO | 1 | $183K |
| KIMBERLY A GILBERT | CFO | 1 | $81K |
board members · 7
- ANDREW J MCMAHON — BOARD MEMBER
- BRIAN W STAPLES — CHAIRMAN
- ERNEST LABAFF — SECRETARY
- JAMES REAGEN — BOARD MEMBER
- LYNN BLEVINS — VICE CHAIRMAN
- MARK C HALL — BOARD MEMBER
- STEVEN MORRILL — BOARD MEMBER
relationships · 26
Who they work with
- Adirondack Park Agency Government — Mark C. Hall serves as an APA Commissioner, appointed by the Governor in June 2020.
- Adobe Partner — Requires Adobe Reader to view and print PDF documents and provides links to Adobe's website for downloading and accessibility support.
- Atlantic Testing Laboratories Partner — Partner organization supported by the St. Lawrence County IDA in growing its workforce and operations.
- Bill Hosmer Partner — Business leader who has publicly endorsed the support provided by the St. Lawrence County IDA.
- CITEC Consulting Group Partner — Partner providing consulting and training solutions to support business growth in the region.
- Curran Renewable Energy Partner — Partner business that has worked with the St. Lawrence County IDA to achieve growth and operational success.
- Development Authority of the North Country Partner — Mark C. Hall serves on the DANC Board, appointed in February 2022.
- Empire State Development Government — Offers Empire State Development programs in partnership with the St. Lawrence County IDA to support business development.
- Five Mile Farm Partner — Partner agricultural business utilizing local business resources including the St. Lawrence County IDA.
- Massena Electric Department Partner — Collaborates with MED on the administration of low-cost hydropower allocations for economic development projects in St. Lawrence County.
- Massena Electric Department Partner — Distributes low-cost hydropower from the SLCEDP program to eligible economic development projects.
- New York Power Authority Government — Provides funds and hydropower allocations for economic development programs administered by RVRDA.
- New York Power Authority Partner — Partners with NYPA on multiple economic development initiatives including the Greater Massena Economic Development Fund, Northern New York Economic Development Fund, and low-cost power programs.
- Point Positive, Inc. Partner — Angel investor group partner focused on funding scalable North Country start-ups and early-stage ventures.
- Port of Ogdensburg Partner — Partner in supporting agricultural businesses through access to transportation networks.
- Potsdam Specialty Paper Partner — Partner manufacturing business operating in a family-oriented environment supported by the St. Lawrence County IDA.
- Pursuit Lending Partner — Community-focused lending partner offering loan programs and advisory services to support business success.
- Russell’s Groom & Board Partner — Partner small business benefiting from the supportive business environment fostered by the St. Lawrence County IDA.
- Samaritan Medical Center Partner — Facilitated affiliation between Clifton-Fine Hospital and Samaritan Medical Center to preserve rural emergency healthcare services.
- Slic Network Solutions Partner — Provides financial support through loans and grants to expand fiber network access for business customers.
- Small Business Administration Government — Administers Economic Injury Disaster Loan applications for businesses impacted by severe weather in St. Lawrence County.
- St. Lawrence County Chamber of Commerce Partner — Partner organization administering STLC Kiva, providing 0% interest and fee-free business loans to entrepreneurs.
- St. Lawrence County IDA Partner — Collaborates with Curran Renewable Energy, contributing to its success
- St. Lawrence County Industrial Development Agency Local Development Corporation Partner — Administers RVRDA incentives and programs to stimulate job creation and investment.
- Submersive Media Partner — Website design and development partner
- U.S. Customs And Immigration Government — Federal government entity providing information and support for federal contracting opportunities and small business programs.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Client-Centered Financing & Advisory Servicesmethodology: client-centered_financing_assistanceBy offering personalized advisory support and flexible financing options—including microloans, tiered loan terms, and fee-free structures—the organization increases access to capital for small businesses because tailored financial solutions address diverse business stages and risk profiles.
- Industry-University Innovation Partnershipsmethodology: industry-university partnershipBy connecting manufacturers with university R&D, engineering talent, and low-cost renewable energy, the organization drives innovation and reduces operational costs because integrated knowledge and resource partnerships enhance competitiveness and attract high-value industry.
- Infrastructure-Led Economic Developmentmethodology: infrastructure-led economic developmentBy developing and improving physical infrastructure such as sites and buildings, the organization stimulates job creation and economic growth in St. Lawrence County because quality infrastructure reduces barriers to business location and expansion decisions.
- Integrated Business & Workforce Support Modelmethodology: integrated economic developmentBy providing businesses with coordinated access to financing, real estate, workforce training, and transportation infrastructure, the organization lowers barriers to entry and growth because integrated services reduce transaction costs and align economic inputs around business needs.
- Performance-Linked Incentives for Job Creationmethodology: performance-linked-incentivesBy tying access to low-cost hydropower and tax incentives to measurable job creation outcomes, the organization ensures public resources generate employment growth because businesses must demonstrate workforce expansion to receive benefits.