named programs · 4 · from sources
What they call their work
Annual Meeting & Reception
Yearly gathering to report on organizational accomplishments, engage members, and strengthen relationships with government and business leaders.
Belmont on Broadway
Annual music festival and community event designed to promote Saratoga County as a vibrant destination, featuring concerts and receptions for stakeholders and sponsors.
Equine & Agricultural Roundtable
Networking and discussion forum for professionals in the equine and agricultural sectors to share industry insights and shape regional support strategies.
Golf Outing Fundraiser
Annual golf tournament that raises funds for SEDC and its partners, such as Saratoga Bridges, while fostering networking among stakeholders.
activities · 6 groups
What they do
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Regional Economic Development Initiatives 7 activities
- Advocacy through strategic partnerships and regional promotionPartners with organizations such as the Albany Business Journal to promote Saratoga County as a destination for 21st-century manufacturing and supply chain expansion.
- Business attraction and major project developmentAttracted major industrial and commercial businesses—including GlobalFoundries, AMD, Regeneron, SYSCO, Target Distribution Centers, and others—to Saratoga County. Played a key role in developing the $200 million Luther Forest Technology Campus and securing semiconductor manufacturing operations that employ over 3,000 people.
- Collaboration with government entities on sector-targeted economic programsCollaborates with state, regional, and local government agencies to implement economic development programs focused on targeted sectors within Saratoga County.
- Coordination of economic development incentives and project guidanceCoordinates available economic development incentives and provides project-specific guidance to support private capital investment, job creation, and job retention in Saratoga County. Identifies qualified projects for applicable state and local investment programs.
- Delivery of programs supporting economic vitality and sustainabilityDelivers programs and initiatives designed to support long-term economic vitality and sustainability in Saratoga County.
- Economic development consulting and business investment facilitationProvides economic development consulting and serves as the primary point of contact for businesses and individuals considering investment in Saratoga County, New York. Acts as the main liaison for over 400 business attraction, retention, and expansion projects, contributing to significant job growth and capital investment.
- Stakeholder engagement and business community enhancementEngages nearly 250 stakeholders annually to support economic development efforts and strengthen the business community in Saratoga County.
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Professional Networking Events 1 activity
- Facilitation of stakeholder and investor connectionsFacilitates targeted introductions between member organizations and potential investors or project developers. Arranges exclusive invitations and supports introductions to federal, state, and local government officials and regulators for member organizations.
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Charity Golf Tournament Fundraiser 1 activity
- Funding community organizations through event proceedsFunds community initiatives by donating a portion of proceeds from its annual Golf Outing Fundraiser to local organizations such as Saratoga Bridges.
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Member-Focused Advertising Services 1 activity
- Member business promotion and marketing support servicesProvides member organizations with company listings, website links, logo placement, and opportunities to contribute editorial content for earned and paid media channels. Offers access to market research, sponsorship at events, hosting of promotional events, and presentation opportunities at SEDC-led events.
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Website Accessibility Implementation 1 activity
- Website accessibility improvementsInvested resources to improve website usability and accessibility for people with disabilities by implementing the UserWay Website Accessibility Widget to meet WCAG 2.1 standards and offering customer support during business hours for users experiencing navigation difficulties.
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Uncategorized 1 activity
- Generation of jobs, investment, and tax revenue through economic development initiativesHelped generate over 18,500 new jobs, $18 billion in investment, and $43 million in annual tax revenue for Saratoga County over more than 45 years. Achievements include creating over 5,000 jobs and $60 million in payroll during the 1980s, 8,000 jobs and $870 million in investment during the 1990s, and supporting 640+ jobs and 150,000+ square feet of commercial expansion in the 2010s.
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financials · form 990 · fy2024
revenue
Total revenue$599K
Contributions & grants$198K33%
Program service revenue$327K55%
Investment income$13K2%
Other revenue$61K
expenses
Total expenses$858K
Program expenses64%
Admin / overhead36%
Fundraising0%
Salaries & benefits$507K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$875K
Cash$689K
Investments$0
Liabilities$60K
Net assets$816K
Liquid reserves9.6 mo
4 years on record · 2020–2024 · YoY revenue -37.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| J GREGORY CONNORS | PRESIDENT | 35 | $184K |
board members · 9
- CHARLES WAIT JR — DIRECTOR
- DARRYL LEGGIERI — DIRECTOR
- DAVID COLLINS — DIRECTOR
- DOUG FORD — VICE CHAIRMA
- JOHN MUNTER — CHAIRMAN
- MICHAEL RELYEA — SECRETARY
- RYAN SHAW — TREASURER
- TOM SAMASCOTT — DIRECTOR
- ZACHARY MANZ — DIRECTOR
relationships · 23
Who they work with
- Airway Meadows Partner — Hosted the 2025 Golf Outing Fundraiser and provided hospitality services.
- Albany Business Journal Partner — Collaborated with SEDC on a national marketing campaign to promote Saratoga County as a hub for 21st-century manufacturing.
- Clifton Park IDA Partner — Collaborates with SEDC to support economic development through financial assistance and incentives for businesses.
- Gideon Putnam Partner — Hosted the 2025 Sponsor Appreciation Reception.
- GlobalFoundries Partner — Collaborated with SEDC to establish a semiconductor manufacturing facility in Saratoga County.
- GlobalFoundries, U.S., Inc. Partner — Attracted and supported the development of GlobalFoundries, U.S., Inc. through the Luther Forest Technology Campus project.
- Hudson Valley Community College Partner — Partnered with SEDC to build TEC-SMART (now HVCC North) in the Luther Forest Technology Park to support workforce development.
- Local government of Saratoga County Partner — Works with SEDC on local economic development programs and business investment support.
- Mazzone Hospitality Partner — Provided hospitality services at SEDC's 2026 Annual Meeting.
- Mechanicville-Stillwater IDA Partner — Partners with SEDC to promote job creation and capital investment in Saratoga County.
- New York State Authorities Budget Office Government — Regulatory body with which SEDC complies and files required documentation.
- Professional Service Providers Partner — Network of service providers connected to support businesses in Saratoga County.
- Regional government entities in Saratoga County Partner — Partners with SEDC to implement regional economic development initiatives.
- Saratoga Bridges Partner — Recipient of donated proceeds from the 2025 Golf Outing Fundraiser.
- Saratoga County Government — Collaborates with Saratoga County government, as indicated by co-branding and shared economic development objectives.
- Saratoga County IDA Partner — Collaborates with SEDC to provide financial incentives and support for business development in Saratoga County.
- Saratoga Performing Arts Center Partner — Hosted SEDC's 2026 Annual Meeting on its Main Stage, providing hospitality and venue support.
- Saratoga Racecourse Partner — Hosted the 2025 Equine & Agricultural Roundtable/Networking event.
- State government of New York Partner — Collaborates with SEDC on economic development programs and incentive coordination.
- Universal Preservation Hall Partner — Hosted the 2025 Annual Meeting & Reception.
- UserWay Partner — Partners with UserWay to provide the Website Accessibility Widget powered by a dedicated accessibility server.
- funding agencies Government — Coordinates with relevant funding agencies to connect businesses with investment programs.
- state and local government Government — Coordinates with state and local government agencies to support business relocation and expansion.
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.
- Business Retention and Expansion for Regional Prosperitymethodology: business_retention_and_expansionBy focusing on retaining existing businesses and attracting new employers, the organization generates employment, diversifies the tax base, and improves quality of life because stable business ecosystems compound economic resilience and community well-being over time.
- Client Navigation Support to Reduce Investment Barriersmethodology: navigate-the-landscape advisoryBy advising businesses on incentive negotiation, site selection, infrastructure planning, and government engagement, the organization increases successful capital investment because streamlined access to resources and regulatory systems reduces friction and uncertainty for expanding or relocating firms.
- Community-Driven Ecosystem Developmentmethodology: community-driven ecosystem developmentBy engaging industry professionals in roundtable discussions, the organization co-develops supportive ecosystems (e.g., for equine and agricultural sectors) because local expertise and collaborative input ensure relevance, sustainability, and sector-specific effectiveness of economic development initiatives.
- Public-Private Partnership for Targeted Economic Growthmethodology: public-private collaboration for targeted economic growthBy aligning public and private sector partners, the organization drives regional economic development, retains and grows existing industries, attracts new businesses, and creates jobs because coordinated investment and policy engagement reduce barriers to business expansion and catalyze sector-specific growth.
- Technology Campus Development as Economic Catalystmethodology: technology-campus-driven-economic-developmentBy developing large-scale technology campuses, the organization attracts high-capital investments—particularly in semiconductor manufacturing—it stimulates job creation and regional economic transformation because major industrial projects anchor supply chains and draw complementary innovation ecosystems.