named programs · 4 · from sources
What they call their work
IDA Tax Exempt Bond Financing
Provides tax-exempt bond financing to support eligible private and public development projects that promote economic growth in Jefferson County.
Inter-Agency Loan Program
Provides direct loans to support economic development initiatives and infrastructure improvements in collaboration with local municipalities.
Lease Leaseback Program
Facilitates lease leaseback arrangements enabling businesses to access capital for facility improvements while retaining occupancy.
PILOT Program (Payment in Lieu of Taxes)
Offers property tax incentives through PILOT agreements to encourage business investment and job creation in the county.
activities · 6 groups
What they do
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Local Business Financing and Incentives 2 activities
- Finances civic and economic development projectsProvides financing assistance through the issuance of bonds, notes, or other obligations for municipalities, nonprofit organizations, and private businesses to support civic facilities, infrastructure improvements, and economic development initiatives in Jefferson County.
- Issues industrial revenue bonds for business projectsIssues tax-exempt or taxable industrial revenue bonds to support business relocation, expansion, or location projects in Jefferson County valued at $1,000,000 or more, with potential for up to 100% financing.
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Small Business and Nonprofit Lending 2 activities
- Offers loans to manufacturing businessesProvides revolving loans to manufacturing businesses in Jefferson County ranging from $25,000 to $200,000 or 50% of total project costs, whichever is less, to support business growth and economic development.
- Provides below-market-rate loans to microenterprisesOffers revolving, below-market-rate loans to microenterprises with five or fewer employees, up to $40,000 or 50% of total project costs, whichever is less, to support small business development in Jefferson County.
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Smallholder Agricultural Development 1 activity
- Employs agricultural coordinator to support local agricultureEmploys a full-time agricultural coordinator to provide capacity-building support to the agriculture sector in Jefferson County.
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Startup Acceleration & Business Growth Support 1 activity
- Provides business development resourcesOffers resources and support services to promote business growth and development in Jefferson County.
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Regional Economic Development Initiatives 1 activity
- Supports economic development and job creationUndertakes programmatic initiatives and projects aimed at advancing job opportunities, health, general prosperity, and economic welfare in Jefferson County.
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Uncategorized 1 activity
- Conducts economic and demographic researchReports and analyzes demographic and economic data relevant to Jefferson County, including population statistics (119,103), military transition trends (approximately 300 soldiers monthly from Fort Drum), and geographic proximity to major markets (279 miles from Boston, Philadelphia, and NYC).
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financials · form 990EZ · fy2025
revenue
Total revenue$11K
Contributions & grants——
Program service revenue$11K100%
Investment income——
Other revenue—
expenses
Total expenses$1K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$41K
Cash—
Investments—
Liabilities—
Net assets$41K
6 years on record · 2020–2025 · YoY revenue 0.0%
leadership · form 990 part vii · fy2025
Who runs it
board members · 3
- DAVID J CONVERSE — TRUSTEE
- JOHN CONDINO — TRUSTEE
- LISA L'HUILLIER — TRUSTEE
relationships · 11
Who they work with
- Bridge2USBiz Partner — Partners to support business development and expansion in Jefferson County.
- Jefferson County IDA Government — Collaborates with Jefferson County IDA on economic development initiatives.
- Jefferson County IDA Government — Shares governance, meeting infrastructure, and policy frameworks with the Jefferson County Industrial Development Agency.
- Jefferson County Industrial Development Agency (JCIDA) Government — Shares organizational leadership and governance structure; works in coordination with JCCFDC on economic development initiatives.
- Jefferson County, NY Government — Governmental affiliate and primary jurisdiction for economic development activities
- New York Air Brake Partner — Features New York Air Brake as a success story in economic development.
- North Country Alliance Partner — Provides co-financing for businesses with less than 100 employees through loan programs supporting fixed assets and working capital.
- North Country Alliance Partner — Provides co-financing for fixed assets and working capital to businesses with fewer than 100 employees, with loans up to 40% of total project costs.
- Visit 1000 Islands Partner — Collaborates on promoting tourism and regional appeal.
- Watertown Loan Fund Partner — Collaborates on fixed asset financing and provides working capital letter of credit guarantees.
- workforce development and educational partners Partner — Collaborates with workforce development and educational organizations to support business labor needs.
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.
- Below-Market Financing to Lower Capital Barriersmethodology: microenterprise_financeBy providing below-market-rate financing to microenterprises and larger businesses, the organization increases access to capital for small and growing businesses, because high borrowing costs are a primary constraint to startup and expansion in underserved markets.
- Industrial Revenue Bonds to Attract and Retain Businessmethodology: industrial_bond_financingBy issuing tax-exempt or taxable industrial revenue bonds, the organization enables large-scale business projects to proceed with favorable financing terms, because access to affordable capital is a critical factor in business location and expansion decisions.
- Local Development Corporation Model for Community Well-Beingmethodology: local-development-corporation-modelBy operating as a Local Development Corporation under statutory authority, the organization aligns economic development initiatives with community well-being, because locally grounded institutions are better positioned to design and implement context-specific development strategies that serve public benefit.
- Public Facility Financing as Economic Catalystmethodology: public-facility-financingBy financing civic facilities and infrastructure through public mechanisms, the organization stimulates broader economic development, because strategic public investments create enabling environments for private sector growth and community vitality.