ADIRONDACK ECONOMIC DEVELOPMENT CORP
SARANAC LAKE,
New York,
12983
EIN: 22-2243540
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
67 MAIN ST STE 300
12983
COUNTY
franklin county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
ADIRONDACK ECONOMIC DEVELOPMENT CORP is a based in SARANAC LAKE, NY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in July 1996, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,712,856.00, this ranks 107,632 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 10,050 out of 159,053 organizations in NY (Top 7%).
In franklin county, NY, the organization ranks 19 out of 444 nonprofits by assets (Top 4%), while locally in saranac lake, it stands at 11 among 126 organizations (Top 6%).
The organization reported annual revenue of $950,209.00, ranking 129,765 nationally (Top 5%) and 10,964 in NY (Top 7%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, ADIRONDACK ECONOMIC DEVELOPMENT CORP ranks 310 in assets (Top 7%) and 453 in revenue (Top 10%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Attracting new industry or retaining industry in an area
Job training counseling or assistance
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$950,209.00
FORM 990 REVENUE AMOUNT
$950,209.00
RULING DATE
07/1996
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,712,856.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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