Economic Development Growth Enterprises
STRENGTHEN LOCAL BUSINESS, ATTRACT NEW INDUSTRIES AND TALENT, AND CREATE VIBRANT COMMUNITIES TO GROW THE MOHAWK VALLEY ECONOMY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50.4M
+24.3% YoY
Annual Giving
$186K
-84.1% YoY
Grant Count
3
-80.0% YoY
Avg Grant Size
$62K
-20.7% YoY
About Economic Development Growth Enterprises
Based on IRS filings
Economic Development Growth Enterprises is a nonprofit organization, based in ROME, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50.4M in total assets. In 2024, it awarded 3 grants totaling $186K. Net investment income was $150K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,447,197 | $40,575,052 | $40,406,038 |
| Revenue | $10,796,894 | $8,193,120 | $5,942,134 |
| Expenses | $6,886,017 | $8,325,396 | $5,992,359 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $150,328 | $21,933 | $724 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Open Grants
8 open opportunities from Economic Development Growth Enterprises
Excelsior Jobs Program Tax Credits
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES
Amount
6.85% of wages per net new job (varies by program type)
Deadline
Rolling / Open
Mohawk Valley EDGE Revolving Loan Funds
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES
Amount
Varies
Deadline
Rolling / Open
NYS Economic Development Grant Program (Office of Community Renewal)
ECONOMIC DEVELOPMENT GROWTH ENTERPRISES
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE T GILROY III | DIRECTOR | 1 | — |
| MICHELE DEVOE | DIRECTOR | 1 | — |
| MATT NICHOLL | DIRECTOR | 1 | — |
| PETER BAILDON | DIRECTOR | 1 | — |
| MARIANNE GAIGE | DIRECTOR | 1 | — |
| MICHAEL FRAME | VICE CHAIR | 1 | — |
| PATRICK BECHER | TREASURER | 1 | — |
| JUSTIN HUMMEL | CHAIRMAN | 1 | — |
| RUSS BREWER | DIRECTOR | 1 | — |
| RAYMOND HALBRITTER | DIRECTOR | 1 | — |
| RANDY VAN WAGONER | DIRECTOR | 1 | — |
| SONDRA BUTCHER | DIRECTOR | 1 | — |
| RYAN O'SHAUGHNESSY | DIRECTOR | 1 | — |
| CHARLES GREEN | DIRECTOR | 1 | — |
| JOHN ROMANO | DIRECTOR | 1 | — |
| RICHARD CREEDON | DIRECTOR | 1 | — |
| BRIAN LOUGHLIN | DIRECTOR | 1 | — |
| NICHOLAS MATT | DIRECTOR | 1 | — |
| STEPHEN WATERS | DIRECTOR | 1 | — |
| ALICIA DICKS | DIRECTOR | 1 | — |
| DAVID M MANZELMANN | DIRECTOR | 1 | — |
| JOHN BUFFA | DIRECTOR | 1 | — |
| MARIA KONTARIDIS | DIRECTOR | 1 | — |
| JOHN J PISECK | DIRECTOR | 1 | — |
| RICHARD TANTILLO | DIRECTOR | 1 | — |
| EVE VAN DE WAL | DIRECTOR | 1 | — |
| DAVID KAVNEY | DIRECTOR | 1 | — |
| TOM NEUMANN | DIRECTOR | 1 | — |
| BRIAN ANDERSON | DIRECTOR | 1 | — |
| NICHOLAS MAYHEW | DIRECTOR | 1 | — |
| ROCCO ARCURI | DIRECTOR | 1 | — |
| MARK LEWIS | DIRECTOR | 1 | — |
| JIM MCCARTHY | DIRECTOR | 1 | — |
| GENO DECONDO | VICE CHAIR | 1 | — |
| SABRINA WEBSTER | DIRECTOR | 1 | — |
| DARLENE STROMSTAD | DIRECTOR | 1 | — |
| LISA BETRUS | DIRECTOR | 1 | — |
| RON BELLE | DIRECTOR | 1 | — |
| RYAN THOMPSON | DIRECTOR | 1 | — |
| JOHN SNYDER | EX-OFFICIO VOTING MEMBER | 1 | — |
| RONALD EDWARDS | EX-OFFICIO VOTING MEMBER | 1 | — |
| WILLIAM BOWER | DIRECTOR | 1 | — |
| ANDY RUSSELL | DIRECTOR | 1 | — |
| MICHAEL BUSHARDT | EX-OFFICIO VOTING MEMBER | 1 | — |
| GREGORY MATTACOLA | EX-OFFICIO VOTING MEMBER | 1 | — |
| ANNA D'AMBROSIO | DIRECTOR | 1 | — |
| RICHARD EVANS | DIRECTOR | 1 | — |
| NICK ALGER | DIRECTOR | 1 | — |
| TODD PFANNESTIEL | DIRECTOR | 1 | — |
| THOMAS CLARK JR | DIRECTOR | 1 | — |
| GREG EVANS | DIRECTOR | 1 | — |
| KAREN KOROTZER | DIRECTOR | 1 | — |
| STEVE SURACE | DIRECTOR | 1 | — |
| DOUGLAS WALTERS | DIRECTOR | 1 | — |
| DENISE CAVANAUGH | EX-OFFICIO VOTING MEMBER | 1 | — |
| KEVIN GAGLIONE | DIRECTOR | 1 | — |
| STEVEN DIMEO | FORMER PRESIDENT | 40 | $93,625 |
| NICHOLAS BRUNO | SECRETARY, NON-VOTING | 40 | $88,433 |
| MAUREEN CARNEY | CHIEF FINANCIAL OFFICER | 40 | $121,259 |
| SHAWNA PAPALE | PRESIDENT | 40 | $161,899 |
| CHRISTIAN MERCURIO | VICE PRESIDENT PLANNING AN | 40 | $113,689 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Economic Development Growth Enterprises on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities