COMMON MAPS
Map version new-york activity top-down
MCP Main site Contact
Menu
↑ parent activity group ·
research dossier

GRIFFISS LOCAL DEVELOPMENT CORPORATION
ROME, NY · EIN 161471446 · Form 990 · FY2024 · NTEE S30Z · Community Improvement · Medium ($1M-$10M) · griffissldc.org
revenue
$5.1M
expenses
$5.3M
net assets
$18.5M
employees
11
volunteers
11
program ratio
95%
mission · from form 990

TO REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE IN ROME, NEW YORK, INTO A BUSINESS AND TECHNOLOGY PARK.

profile · synthesized from sources

Griffiss Local Development Corporation redevelops the former Griffiss Air Force Base in Rome, New York into a business and technology park. The organization focuses on marketing and promoting the park's facilities to attract tenants and investment. It operates as a nonprofit entity supporting economic development through property management and business recruitment.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $28K
    MARKETING AND PROMOTION- INCLUDES ALL DIRECT AND INDIRECT EXPENSES ATTRIBUTABLE TO THE OVERALL MARKETING AND PROMOTION OF THE GRIFFISS BUSINESS AND TECHNOLOGY PARK FACILITIES.
named programs · 1 · from sources

What they call their work

Marketing and Promotion
Comprehensive marketing and promotional activities to attract businesses and investment to the Griffiss Business and Technology Park facilities
activities · 2 groups

What they do

  • Language Access Services 1 activity
    • Provision of alternative communication methods for accessibility
      Provides telephone and other alternative communication methods to support individuals who have difficulty accessing information through the organization’s website.
  • Regional Economic Development Initiatives 1 activity
    • Redevelopment of Griffiss Air Force Base and management of Griffiss Business and Technology Park
      Oversees the redevelopment of the former Griffiss Air Force Base in Rome, NY, including the development and ongoing management of the Griffiss Business and Technology Park, through marketing, promotion, and operational support activities.
financials · form 990 · fy2024
revenue
Total revenue$5.11M
Contributions & grants$556K11%
Program service revenue$3.82M75%
Investment income$69K1%
Other revenue$670K
expenses
Total expenses$5.25M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$959K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$27.10M
Cash$3.50M
Investments$2.17M
Liabilities$8.61M
Net assets$18.49M
Liquid reserves13.0 mo
5 years on record · 2020–2024 · YoY revenue -21.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 10
  • CHAD LAWRENCE — MEMBER
  • DEBORAH GROGAN — TREASURER
  • ELIS DELIA — CHAIRMAN
  • ERIC MACDIARMID — MEMBER
  • ERIN WEIMAN — MEMBER
  • EVAN DEGENNARO — MEMBER
  • FRANK VETRONE — MEMBER
  • JAMES CUSACK — MEMBER
  • KEVIN MARTIN — VICE CHAIRMAN
  • MICHAEL MANUELE — MEMBER
relationships · 3

Who they work with

  • Air Force Research Laboratory Government — Federal asset supported by GLDC to maintain and expand its viability on the former base.
  • Defense Finance and Accounting Service Government — Federal asset supported by GLDC to maintain and expand its viability on the former base.
  • Eastern Air Defense Sector Government — Federal asset supported by GLDC to maintain and expand its viability on the former base.
strategies · 2

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.