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Franklin County Economic Development Corporation at a glanceAlso receives grants: funding profile →

· Public charity

Franklin County Economic Development Corporation

The edc is committed to serving new and existing businesses and industries, and to assist with the creation and retention of quality jobs through direct and collaborative funding of projects for the economic well being of franklin county.

$1.5M
Granted FY2025still arriving
34
Grants FY2025still arriving
1
States reached
$196k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.

Public Safety & Disaster$932kCommunity Improvement$463kArts & Culture$458kEmployment$369kRecreation & Sports$316kHealth$250kHuman Services$219kHousing & Shelter$174kOther$0
02FY2025 · 34 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 34 grants below total $1,378,109, the rows itemized in this filing. The $1,533,240 headline is the total grant expense on the return; the other $155,131 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k4 grants · $29k
  • $10k–50k21 grants · $536k
  • $50k–250k9 grants · $813k
$29,700
Median grant
1
States reached
$2.4M
Total assets
Largest grants
RecipientAmount
WARRIOR STEEL STRUCTURES LLC$195,782
ROCKY ACRES CONSTRUCTION LLC$105,652
Individual grant recipient$92,846
ELOGEN HOLDINGS LLC$80,291
Individual grant recipient$78,745
POST TRAUMA SCENE DECON$76,645
Individual grant recipient$72,014
BURKE EXCAVATION DEMOLITION INC$58,518
Individual grant recipient$52,587
MOHAWK PLUMBING & HOME CENTER$49,416
MOUNTAIN BLISS HOLISTIC HEALING$35,490
BIKE ADIRONDACKS LLC$35,000
Individual grant recipient$35,000
Individual grant recipient$34,871
Individual grant recipient$32,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY18–25) land where the poverty rate runs at 16%, against an area that typically sits at 15%. 99% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 15%AUBERTINE AND CURRIER ARCHITECTS: $29k → 14%ATLANTIC TESTING LABORATORIES: $27k → 18%POST TRAUMA SCENE DECON: $77k → 18%CODIE SECORE: $205k → 16%BURKE EXCAVATION DEMOLITION INC: $59k → 18%COUNTY OF FRANKLIN INDUSTRIAL: $100k → 16%FURNITURE ENTERPRISES LLC: $85k → 16%WILLETT CONSTRUCTION: $79k → 16%VILLAGE OF MALONE: $59k → 16%CODIE SECORE: $53k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $50k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $50k → 16%FRANKLIN SQUARE PROPERTIES: $50k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $50k → 16%FOUNTAIN'S ENCHANTED FLORIST: $49k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $43k → 16%PHOENIX PROPERTIES & IMPROVEMENTS: $35k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $30k → 16%COUNTY OF FRANKLIN INDUSTRIAL: $25k → 16%ROMANO'S SARANAC LANES INC: $85k → 16%CARPE INSECTAE: $85k → 16%NORI'S VILLAGE MARKET: $67k → 16%CAHAL CARMODY: $60k → 16%HES VENTURES LLC: $57k → 16%BLACK MOUNTAIN PROPERTY MANAGEMENT: $50k → 16%EARLY DAWN CONFECTIONS: $35k → 16%CARPE INSECTAE: $35k → 16%BIKE ADIRONDACKS LLC: $35k → 16%SILVER BIRCH CYCLES: $35k → 16%ADK RESEARCH: $25k → 16%CHARLIES INN: $33k → 16%ROCKLEDGE CABINS: $30k → 16%CNY HOME IMPROVEMENTS: $106k → 16%ELOGEN HOLDINGS LLC: $80k → 16%CHINA WOK: $72k → 16%CHUM HOUSE LLC: $70k → 16%OTTERCO LLC: $46k → 16%KKR FOOD SERVICE LLC: $41k → 16%MOUNTAIN BLISS HOLISTIC HEALING: $35k → 16%SPRUCE & HEMLOCK: $35k → 16%FRARY FUNERAL HOME: $31k → 16%LARKIN ENTERPRISES: $25k → 16%TEN PENNY RENOVATION: $93k → 16%MOHAWK PLUMBING & HOME CENTER: $49k → 16%CARDINAL PLUMBING: $28k → 16%HAPPY CAMPING RV LLC: $85k → 16%ROCKY ACRES CONSTRUCTION LLC: $106k → 16%BRAINARDSVILLE BAKE HOUSE: $70k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

31%of every dollar goes to organizations it has funded before.
$1.1M · 12 repeat orgs$2.4M to everyone else

Grantees it renews have grown median revenue +10% since the first grant, against +2% for those funded once.

12 repeat relationships: 6 still active in FY2025, 6 since wound down; 28 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

12
36

Total granted

$1.1M
$1.1M

Median revenue growth · since first grant

+10%
+2%

Still filing today

8%
11%

New vs renewed · share of each year

In FY2025, 10% of grant dollars renewed an existing relationship; $1.2M went to new ones.

50%100%’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24’25
Arts & CultureRecreation & SportsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • CO
    COUNTY OF FRANKLIN INDUSTRIAL
    8× · 2018–2025 · $369k
  • IG
    Individual grant recipient
    2× · 2024–2025 · $257k
  • IG
    Individual grant recipient
    2× · 2019–2022 · $120k

Funded once

  • CH
    CNY HOME IMPROVEMENTS
    one grant, 2022 · $106k
  • HC
    HAPPY CAMPING RV LLC
    one grant, 2022 · $85k
  • FE
    FURNITURE ENTERPRISES LLC
    one grant, 2022 · $85k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

5 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 5 of the 76 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
5/5
Grantees still filing
3/5
Grew since first funded

Where the money sits, by cause and then by grantee

COUNTY OF FRANKLIN INDUSTRIAL: $369,130 · OtherCOUNTY OF FRANKLIN INDUSTRIALIndividual grant recipient: $257,359 · OtherIndividual grant recipientWARRIOR STEEL STRUCTURES LLC: $195,782 · OtherWARRIOR STEEL STRUCTURES LLCIndividual grant recipient: $120,000 · Other+68 more: $2,484,095 · Other+68 moreHISTORIC SARANAC LAKE: $10,000 · Arts & CultureFOOTHILLS ART SOCIETY: $6,500 · Arts & CultureNATURAL HISTORY MUSEUM OF THE ADIRONDACKS: $5,490 · Arts & CultureADIRONDACK HAMLETS TO HUTS INC: $15,443 · Recreation & Sports
Other$3,426,366Arts & Culture$21,990Recreation & Sports$15,443

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0Mgrantee revenue →↑ funder's share of their budgetFRANKLIN COUNTY AGRICULTURAL SOCIETY: $16,000 over 1y, 1.3% of budgetADIRONDACK HAMLETS TO HUTS INC: $15,443 over 2y, 6.7% of budgetHISTORIC SARANAC LAKE: $10,000 over 1y, 0.9% of budgetFOOTHILLS ART SOCIETY: $6,500 over 1y, 4.4% of budgetNATURAL HISTORY MUSEUM OF THE ADIRONDACKS: $5,490 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

How much its grantees rely on government

Each dot is one organization Franklin County Economic Development Corporation funds: left to right is the share of its income from government, bottom to top the share from Franklin County Economic Development Corporation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 76 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home