New York · Nonprofit
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION (New York) receives grants from 5 organizations whose IRS filings report $381,500 to it, the largest being BANK OF UTICA FOUNDATION INC ($136,500). 5 of them have funded it in more than one year.
- Revenue FY2024
- $11M
- Funders on record
- 5
- Grants received
- $382k
- Net assets
- $31M
What Economic Development Growth Enterprises Corporation does
Mission
Strengthen local business, attract new industries and talent, and create vibrant communities to grow the mohawk valley economy.
As stated on its FY2024 Form 990.
Program
Economic Development Growth Enterprises Corporation (edge) and its subsidiary are involved in activities designed to improve and expand the business community and employment within oneida county, n.y., and its environs and promote the general economic development of the area. A primary activity of edge is the arrangement of and/or participation in financing packages for local businesses, principally through local banks, the small business administration, and the empire state development corporation. In addition, edge prepares economic development plans, performs research, and carries out a unified marketing program for the purpose of advancing economic growth in oneida county, n.y., and its environs. A significant portion of edge's revenue is derived from government grants.
$6,361,575 spentof which $188,865 as grants$4,695,120 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,361,575.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $52M to $33M (−36%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 92% · 2018 73% · 2019 73% · 2020 62% · 2021 25% · 2022 15% · 2023 26% · 2024 50%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Justin Hummel
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $30k → $87k.
Left out of every figure on this page: $40k from one payer (the payer shares this organization's board, largest The Community Foundation of Herkimer and Oneida Counties Inc). These are real filings, and they are not money ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION raised.
From the IRS filings of ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION leans on a few funders — its largest provides 36% of grant income and the top three 82%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION.
Largest funder’s share by year: 2017 48% · 2018 51% · 2019 41% · 2020 33% · 2021 38% · 2022 33% · 2023 44% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
77% of ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.3M on record.
- Environmental Protection Agency$2.8M
- Department of Agriculture$477k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- 5900 Success Dr Realty LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION?
- ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION (New York) receives grants from 5 organizations whose IRS filings report $381,500 to it, the largest being BANK OF UTICA FOUNDATION INC ($136,500). 5 of them have funded it in more than one year.
- How many funders does ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION have?
- IRS filings report 5 organizations giving $381,500 in grants to ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION, 5 of which have funded it in more than one year.
- Who is the largest funder of ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION?
- BANK OF UTICA FOUNDATION INC is the largest funder on record, with $136,500 in grants. The full list of funders is on this page.
- How can an organization like ECONOMIC DEVELOPMENT GROWTH ENTERPRISES CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing