Franklin County Economic Development Corporation
Franklin County Economic Development Corporation (FCEDC) is a public charity based in Malone, New York. It supports economic development through direct and collaborative funding for businesses and industries, with a stated aim of helping create and retain quality jobs in Franklin County.
Franklin County Economic Development Corporation at a glance
In short: Franklin County Economic Development Corporation gave $1.4M across 34 grants in 2025 (avg $41K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,378,109
- +248.2% vs 2024
- Grants made (2025)
- 34
- +385.7% vs 2024
- Average grant
- $40,533
- -28.3% vs 2024
- Median grant
- $29,255
- Total assets
- $2,375,535
- +0.4% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Franklin County Economic Development Corporation
- Contact
Mailing address: 360 W Main St, Malone, NY 12953
Phone: (518) 483-9472
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Franklin County Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Warrior Steel Structures LLC ($196K). Together the top 10 received $862K.
Grant Size Distribution
81 grants across all recorded years
The most common grant size was under $50K: 56 grants of 81 (69%).
Geographic Focus
Where this funder awards grants
FCEDC’s mission and website describe its economic development work as serving Franklin County. All grant dollars reported for filing year 2025 went to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 34 itemized grants.
States
Cities
How Franklin County Economic Development Corporation gives
- Giving grew 74% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $120K (2020) to $1.4M (2025). In 2025 it made 34 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Warrior Steel Structures LLC Helena, NY | Flood Repair | $195,782 |
| Rocky Acres Construction LLC North Bangor, NY | Flood Repair | $105,652 |
| Ten Penny Renovation Fort Covington, NY | Flood Repair | $92,846 |
| Elogen Holdings LLC Tupper Lake, NY | DRI TL Energize | $80,291 |
| Willett Construction Malone, NY | Flood Repair | $78,745 |
| Post Trauma Scene Decon Massena, NY | Flood Repair | $76,645 |
| China Wok Tupper Lake, NY | Flood Repair | $72,014 |
| Burke Excavation Demolition Inc Massena, NY | Flood Repair | $58,518 |
| Codie Secore Malone, NY | NYMS | $52,587 |
| Mohawk Plumbing & Home Center Hogansburg, NY | Flood Repair | $49,416 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,375,535 | $1,900,277 | $1,888,170 | $1,378,109 | 34 | $39,467 |
| 2024 | $2,365,932 | $711,325 | $854,302 | $395,827 | 7 | $50,385 |
| 2023 | $2,550,163 | $656,958 | $771,360 | $354,653 | 10 | $39,160 |
| 2022 | $2,712,658 | $888,839 | $1,321,109 | $792,247 | 16 | $304 |
| 2021 | $3,825,928 | $376,410 | $898,708 | $198,004 | 14 | $792 |
| 2020 | $3,548,800 | $732,965 | $688,371 | $119,959 | 4 | $12,913 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
FCEDC’s stated mission is to serve new and existing businesses and industries and assist with the creation and retention of quality jobs through direct and collaborative project funding for Franklin County’s economic well-being.
Its website describes grant programs for commercial and mixed-use properties in downtown areas, small farms and agribusinesses, and businesses and property owners in the Tupper Lake DRI target area. The Frontier Harvest Fund offers grants of $5,000–$35,000 for eligible business expenses including equipment, furniture, livestock and inventory, marketing, salaries, and hardware and software. The Tupper Lake Energize Uptown Fund offers matching grants for building renovations, site improvements, and business assistance.
FCEDC also offers loans to small businesses and nonprofit organizations unable to obtain financing through traditional sources. The stated maximum loan is $250,000, with typical loans ranging from $50,000 to $100,000.
Grantmaking
In filing year 2025, FCEDC reported 34 grants totaling $1,378,109. The median grant was $29,255; grants ranged from $6,000 to $195,782. All reported grant dollars went to recipients in New York.
The largest listed grants included $195,782 to Warrior Steel Structures LLC for flood repair, $105,652 to Rocky Acres Construction LLC for flood repair, and $92,846 to Ten Penny Renovation for flood repair. Other large grants included $80,291 to Elogen Holdings LLC for DRI TL Energize, $78,745 to Willett Construction for flood repair, and $76,645 to Post Trauma Scene Decon for flood repair.
For the Frontier Harvest Fund, interested business owners must first submit an eligibility form; eligible applicants are then sent an application link and next steps. The program identifies small farms and agribusinesses with five or fewer employees, including owners, as potential applicants, and requires applicants to qualify as low-to-moderate income or create a job available to low-to-moderate-income people. The posted eligibility-form deadline of March 27, 2026, has passed.
For the Tupper Lake Energize Uptown Fund, eligible applicants include commercial property and business owners in the Tupper Lake DRI target area, as well as entrepreneurs and nonprofits with a downtown presence. Applicants must be current on property taxes, utilities, and mortgage payments; business-assistance applicants must operate year-round, full-time businesses. The website directs prospective applicants to the program application and invites project ideas that do not qualify for current programs.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Sherry Boyea as chair, James Ellis as chair, Nate Monette as vice chair, Archie McKee as treasurer, Nick Russell as secretary, Melissa Mills as assistant secretary, Clyde Rabideau and Scott Gordon as members, and Jeremy Evans as CEO.
The organization’s website lists Sherry Boyea as chair, Nate Monette as vice chair and treasurer, Nick Russell as secretary and assistant treasurer, Melissa Mills as assistant secretary, and Scott Gordon, Clyde Rabideau, and Eric Shaheen as board members.
Franklin County Economic Development Corporation is led by Jeremy Evans, CEO on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeremy Evans
CEO
On filings since 2020
20 hrs/week
No compensation reported
James Ellis
Chair - Outg
Vice Chairman → Chairman, 2022
Chairman → Chair - Outg, 2025
On filings since 2020
1 hr/week
No compensation reported
Sherry Boyea
Chair - Inco
Secretary → Vice Chair, 2023
Vice Chair → Chair - Inco, 2025
On filings since 2020
1 hr/week
No compensation reported
Archie McKee
Treasurer -
Assistant Tr → Treasurer, 2021
Treasurer → Treasurer -, 2025
On filings since 2020
1 hr/week
No compensation reported
Nate Monette
Vice Chair
Member → Vice Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Clyde Rabideau
Member
On filings since 2024
1 hr/week
No compensation reported
Melissa Mills
Assistant Se
On filings since 2024
1 hr/week
No compensation reported
Nick Russell
Secretary
On filings since 2024
1 hr/week
No compensation reported
Scott Gordon
Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: Stephen Erman (2020–2023) — Assistant Se
- Former: Madelyn Fleury (2021–2023) — Secretary
- Former: Daniel Mills (2023) — Member
- Former: Justus Martin (2020–2022) — Member
- Former: Michael Doran (2021–2022) — Assistant Tr
- Former: David Yando (2020) — Secretary
- Former: Rodrique Lauzon (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Franklin County Economic Development Corporation
How much does Franklin County Economic Development Corporation give each year?
Franklin County Economic Development Corporation gave $1.4M across 34 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $396K across 7 grants.
What is Franklin County Economic Development Corporation's typical grant size?
Franklin County Economic Development Corporation's median grant in 2025 was $29,255, and its average grant was $40,533, across 34 grants on its 2025 IRS Form 990.
Where does Franklin County Economic Development Corporation give grants?
Franklin County Economic Development Corporation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Tupper Lake, NY (7 grants), Malone, NY (4 grants), Massena, NY (3 grants) and Hogansburg, NY (3 grants).
Does Franklin County Economic Development Corporation give general operating support?
Not in 2025: none of the 34 grants with a stated purpose on Franklin County Economic Development Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Flood Repair" (19 grants) and "Rail Trail" (6 grants).
Who are Franklin County Economic Development Corporation's largest grantees?
Franklin County Economic Development Corporation's largest 2025 grantees include Warrior Steel Structures LLC ($195,782), Rocky Acres Construction LLC ($105,652) and Ten Penny Renovation ($92,846), according to its 2025 IRS Form 990. Together they received 29% of its itemized 2025 grant dollars.
How large is Franklin County Economic Development Corporation?
Franklin County Economic Development Corporation reported $2.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.
What does Franklin County Economic Development Corporation fund?
FCEDC’s stated mission is to serve new and existing businesses and industries and assist with the creation and retention of quality jobs through direct and collaborative project funding for Franklin County’s economic well-being. See mission & focus areas ↑
How do I apply for a grant from Franklin County Economic Development Corporation?
Franklin County Economic Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Franklin County Economic Development Corporation's EIN?
Franklin County Economic Development Corporation's EIN (Employer Identification Number) is 14-1763507. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
Live grants for the work Franklin County Economic Development Corporation funds
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