Public Charity

ADIRONDACK ECONOMIC DEVELOPMENT CORP

Based in SARANAC LAKE, NY, ADIRONDACK ECONOMIC DEVELOPMENT CORP operates as a Public Charity. The organization reported $727K in revenue, $893K in expenses, $3.9M in total assets for fiscal year 2024. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $98K.

EIN: 222243540 SARANAC LAKE, NY Latest filing: 2024
Total Revenue$727K
Total Expenses$893K
Total Assets$3.9M
Grant Records5
Funding Total$98K
Filing Years2020–2024

Mission

To foster and support the growth of sustainable North Country communities through providing assistance to aspiring entrepreneurs and existing small business owners.

Sample Grants Received

2024
FOR THE "COMPREHENSIVE ADIRONDACK ENTREPRENEUR SUPPORT INITIATIVE" APPLICATION. THIS GRANT IS FUNDED IN PARTNERSHIP WITH THE LEEDOM CHARITABLE TRUST FUND
$20,000
2023
FOR YEAR THREE SUPPORT OF "BUILDING ECONOMIC EQUITY IN THE NORTH COUNTRY"
$20,000
2019
FOR ADIRONDACK FINANCIAL LITERACY INITIATIVE
$7,500
FOR LOAN LOSS RESERVE FOR THE ADIRONDACK SMALL BUSINESS CAPITAL ACCESS FUND
$30,000
FOR BUILDING ECONOMIC EQUITY IN THE NORTH COUNTRY
$20,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Director Amber Stevens
Director Cedric Carter
Treasurer Heather Couture
Vice Chair James Lazore
Secretary James Rucker
Director John Piseck Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR LOAN LOSS RESERVE FOR THE ADIRONDACK SMALL BUSINESS CAPITAL ACCESS FUND
$30,000 1 grant
FOR BUILDING ECONOMIC EQUITY IN THE NORTH COUNTRY
$20,000 1 grant
FOR THE "COMPREHENSIVE ADIRONDACK ENTREPRENEUR SUPPORT INITIATIVE" APPLICATION. THIS GRANT IS FUNDED IN PARTNERSHIP WITH THE LEEDOM CHARITABLE TRUST FUND
$20,000 1 grant
FOR YEAR THREE SUPPORT OF "BUILDING ECONOMIC EQUITY IN THE NORTH COUNTRY"
$20,000 1 grant
FOR ADIRONDACK FINANCIAL LITERACY INITIATIVE
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $727K $893K $3.9M
2023 $950K $757K $3.7M
2022 $1.1M $672K $3.0M
2021 $615K $526K $3.3M
2020 $492K $430K $2.8M

Between 2020 and 2024, reported annual revenue grew from $492K to $727K (+48%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

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