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FULTON COUNTY CENTER FOR REGIONAL GROWTH

GLOVERSVILLE, NY · EIN 454919269 · Form 990 · FY2025 · NTEE S20 · Community Improvement · Medium ($1M-$10M) · fccrg.org
revenue
$1.2M
expenses
$1.2M
net assets
$1.9M
employees
5
program ratio
91%
mission · from form 990

TO STRENGTHEN OUR ECONOMIC BASE, FACILITATE SUSTAINABLE GROWTH, ENHANCE THE COMPETITIVE POSITION OF OUR REGION, ITS COUNTIES, TOWNS AND CITIES AND FACILITATE INVESTMENTS THAT BUILD CAPACITY ,CREATE JOBS, IMPROVE QUALITY OF LIFE AND INCREASE THE STANDARD OF LIVING FOR ALL OF ITS RESIDENTS.

profile · synthesized from sources

Economic development organization focused on strengthening Fulton County, NY's economic base by attracting and supporting businesses, creating jobs, and improving quality of life. The organization manages industrial parks, provides small business financing, and leads downtown revitalization initiatives. It works regionally to promote investment and sustainable growth in a historically underserved area.

named programs · 4 · from sources

What they call their work

Business Attraction and Retention
Works with local and global companies to locate, expand, or start operations in Fulton County, providing site selection and development support
Downtown Revitalization Initiative (DRI)
$10 million state-funded program to transform downtown Gloversville through infrastructure improvements, housing, arts, and commercial development
Microenterprise Grant Program
Provides small business grants up to $25,000 through NYS CDBG funding to help startups and expansions create jobs and avoid high-risk debt
Shovel-Ready Sites Development
Prepares industrial land and facilities for immediate business occupancy, including the Johnstown Industrial Park and Tryon Technology Park
activities · 6 groups

What they do

  • Small Business and Nonprofit Lending 1 activity
    • Administers microenterprise and small business grants and loans
      Provides microenterprise grants of up to $25,000 and loan funding to qualified small businesses using NYS CDBG and other funding sources. Finances 15% to 25% of eligible project costs and offers loans with a maximum ratio of $15,000 per job created or retained, supporting job creation, business growth, and debt avoidance.
  • Local Business Financing and Incentives 1 activity
    • Economic development support for businesses
      Provides direct support to businesses in Fulton County through project financing, guidance on resource identification, and assistance with expansion, relocation, and startup activities. Works with municipalities, local and global businesses, site selectors, contractors, the IDA, Chamber, and Fulton County to increase economic activity and prosperity.
  • Land Bank Property Revitalization 1 activity
    • Facilitates commercial property development and site readiness
      Supports the construction or renovation of commercial properties, having facilitated over 50 buildings totaling more than 2.5 million square feet and attracting over $120 million in investments. Provides access to office spaces available for rent or purchase and develops concept plans for Primary Development Areas identifying mixed-use opportunities in housing, commercial, retail, and recreation.
  • Business Improvement District Management 1 activity
    • Manages downtown and business park development initiatives
      Implements a $10M Downtown Revitalization Initiative (DRI) in Gloversville to transform arts, housing, restaurants, and public spaces, including providing support and guidance to businesses with approved DRI projects. Supports business park development, including the launch of Tryon Technology Park, and maintains an inventory of shovel-ready sites and existing buildings for industrial, high-tech, manufacturing, food processing, and corporate office use.
  • Industry and Community Recognition Awards 1 activity
    • Provides leadership development and business recognition programs
      Offers leadership development opportunities for business leaders in Fulton County and recognizes local businesses through an annual awards program that highlights innovation and economic contribution.
  • Uncategorized 3 activities
    • Attracts major employers and industrial investments
      Secured the attraction of Walmart’s regional return center and an 868,000 square foot distribution center representing over $70 million in capital investment and 900 jobs. Supported the establishment of a 176,757 square foot bottling plant for Crystal Geyser® Alpine Spring water in Johnstown. Supported the creation of nearly 2,000 jobs through employer attraction to industrial sites in Fulton County.
    • Conducts organizational governance and internal controls
      Conducts annual review and assessment of internal control structure and procedures, including external audit and disclosure of discrepancies to the Board each March. Assesses and documents the adequacy of internal control structure and policies to ensure transparency and accountability.
    • Develops and operates regional tourism and education facilities
      Is developing and will operate the Great Sacandaga Lake Discovery Center, set to open in 2026, featuring interactive exhibits, Adirondack history, education spaces, and a tourism stop on Route 30.
financials · form 990 · fy2025
revenue
Total revenue$1.21M
Contributions & grants$545K45%
Program service revenue$623K51%
Investment income$35K3%
Other revenue$10K
expenses
Total expenses$1.22M
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$485K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.56M
Cash$1.42M
Investments$0
Liabilities$664K
Net assets$1.90M
Liquid reserves14.0 mo
6 years on record · 2020–2025 · YoY revenue -17.6%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
RONALD PETERS PRESIDENT/CE 40 $128K
board members · 9
  • CHRISTINA VANVALKENBURGH — DIRECTOR
  • DENIS WILSON — DIRECTOR
  • DR LESLIE FORD — VICE CHAIR
  • GEOFFREY PECK — TREASURER
  • JACK WILSON — DIRECTOR
  • KENT KIRCH — CHAIR
  • TERRI EASTERLY — SECRETARY
  • TIMOTHY BECKETT — PAST CHAIR
  • WARREN GREENE — DIRECTOR
relationships · 22

Who they work with

  • Broadalbin Manufacturing Corp. Partner — Recognized by CRG with a Small to Medium Business Award for sustained business success.
  • CRG’s Board of Directors Government — Responsible for annual review and oversight of internal controls and governance procedures.
  • Caroga Arts Collective Partner — Recognized by CRG with a Start-up Business Award for new business innovation.
  • Chamber Partner — Works with the Chamber to support regional economic growth.
  • Emery Designs Partner — Website design and development partner for the Fulton County Center for Regional Growth.
  • Emery Designs Partner — Website development partner
  • Family Counseling Center Partner — Recognized by CRG with an Expanded Business Award for growth and development.
  • Fulton County Government — Primary geographic and governmental focus for economic development activities.
  • Fulton County Government — Works closely with Fulton County to support economic development and deliver services.
  • Fulton County Government Government — Partners to ensure expedited local approvals for economic development projects
  • Fulton County Industrial Development Agency Partner — Collaborated with FCCRG's predecessor organizations to develop industrial parks including Crossroads and Johnstown Industrial Parks.
  • Fulton County Industrial Development Agency Partner — Collaborates on economic development initiatives including site development and financial incentives for businesses
  • Fulton Montgomery Regional Chamber of Commerce Partner — Works together to improve the region’s business climate, economy, and quality of life
  • Gloversville Economic Development Corporation Partner — Provides funding for entrepreneurs starting or expanding businesses in Gloversville, often filling funding gaps for projects.
  • IDA Partner — Collaborates with the IDA on economic development initiatives in Fulton County.
  • Montgomery County Partner — Engaged in cross-county regional economic development collaboration with Fulton County through a shared marketing initiative.
  • NYS CDBG Funder — Provides funding for microenterprise grants administered by the Fulton County Center for Regional Growth.
  • Northville 5 & 10 Partner — Recognized by CRG with a Hidden Gem Award for unique contribution to the local community.
  • SLA Transport, Inc. Partner — Recognized by CRG with a Large Business Award for contributions to the local economy.
  • Universal Warehousing, Inc. Partner — Recognized by CRG with a Large Business Award for contributions to the local economy.
  • Village of Canajoharie Partner — Partnered with CG Roxane for water supply through a lease and water purchase agreement for the bottling plant in Johnstown.
  • Zoom Partner — Uses Zoom as a platform for virtual participation in board meetings.
strategies · 4

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.

  • Catalyst Model for Regional Economic Growth
    methodology: catalyst_model
    By acting as a catalyst and convening public and private stakeholders, the organization drives economic development because neutral, central leadership enables collaboration, breaks down silos, and unlocks collective action that individual entities cannot achieve alone.
  • Economic Development Through Targeted Investment and Capacity Building
    methodology: economic-development-through-investment
    By facilitating targeted investments and building regional capacity, the organization strengthens the local economy, creates jobs, and improves quality of life because concentrated, strategic capital deployment amplifies regional economic resilience and growth potential.
  • Microenterprise Support as Economic Development Strategy
    methodology: microenterprise_support
    By providing microenterprise grants that support small business growth and avoid high-risk debt, the organization fosters inclusive economic development and job creation because early-stage capital access enables underserved entrepreneurs to launch and sustain businesses that larger institutions overlook.
  • Smart Growth and Place-Based Revitalization
    methodology: smart-growth planning
    By focusing development in designated Primary Development Areas and revitalizing downtowns through arts, housing, and public spaces, the organization stimulates economic growth and attracts private investment because intentional, community-endorsed spatial planning increases development efficiency and quality of place.