Civic Intelligence

Fulton County Economic Development Corporation

990EZ • Fiscal year 2024 • EIN 14-6039695

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 12, 2025

Organization ProfileN/A
34 West Fulton StreetGloversville, NY 12078

(518) 725-7700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

2024 filings • NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2024 filings • NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$108

Flat from 2023

Net Assets

Up

$108

Up $35 (+48%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $5,615,339Liabilities 2010: $347,614Net Assets 2010: $5,267,7252010Assets 2011: $5,309,455Liabilities 2011: $221,889Net Assets 2011: $5,087,5662011Assets 2012: $5,140,816Liabilities 2012: $419,076Net Assets 2012: $4,721,7402012Assets 2013: $419,724Liabilities 2013: $51,380Net Assets 2013: $368,3442013Assets 2014: $265,347Liabilities 2014: $301,370Net Assets 2014: -$36,0232014Assets 2015: $7,293Liabilities 2015: $23,485Net Assets 2015: -$16,1922015Assets 2016: $5,845Liabilities 2016: $23,485Net Assets 2016: -$17,6402016Assets 2017: $60Liabilities 2017: $23,5352017Assets 2018: $40Liabilities 2018: $23,5352018Assets 2019: $116Net Assets 2019: $1162019Assets 2020: $58Liabilities 2020: $102Net Assets 2020: -$442020Assets 2021: $58Net Assets 2021: $582021Assets 2022: $108Net Assets 2022: $1082022Assets 2023: $108Liabilities 2023: $35Net Assets 2023: $732023Assets 2024: $108Net Assets 2024: $1082024Assets 2025: $108Net Assets 2025: $1082025

Highlighted filing

2024

Assets$108
Liabilities-
Net Assets$108
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $485,882Expenses 2010: $800,845Net Income 2010: -$314,9632010Revenue 2011: $243,130Expenses 2011: $423,289Net Income 2011: -$180,1592011Revenue 2012: $285,418Expenses 2012: $651,244Net Income 2012: -$365,8262012Revenue 2013: $144,809Expenses 2013: $199,107Net Income 2013: -$54,2982013Revenue 2014: $105,220Expenses 2014: $502,869Net Income 2014: -$397,6492014Revenue 2015: $224,396Expenses 2015: $119,206Net Income 2015: $105,1902015Revenue 2016: $3,660Expenses 2016: $5,108Net Income 2016: -$1,4482016Revenue 2017: $4,559Expenses 2017: $10,394Net Income 2017: -$5,8352017Revenue 2018: $3,862Expenses 2018: $3,882Net Income 2018: -$202018Revenue 2019: $26,450Expenses 2019: $2,839Net Income 2019: $23,6112019Revenue 2020: $1,041Expenses 2020: $1,201Net Income 2020: -$1602020Revenue 2021: $1,395Expenses 2021: $1,395Net Income 2021: $02021Revenue 2022: $1,230Expenses 2022: $1,180Net Income 2022: $502022Revenue 2023: $265Expenses 2023: $300Net Income 2023: -$352023

Latest loaded filing

2023

Revenue$265
Expenses$300
Net Income-$35
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2025
Return Version
2024v5.0
Mission and Program Overview

Mission

To provide funds and promote economic development within fulton county, new york.

Program Services

DescriptionGrantsExpenses
PROMOTING ECONOMIC DEVELOPMENT WITHIN FULTON COUNTY, NEW YORK THROUGH ADMINISTRATION OF CERTAIN GOVERNMENT GRANTS AND PROJECTS INCLUDING REVOLVING LOAN POOLS, CROSSROADS INDUSTRIAL PARK, JOHNSTOWN INDUSTRIAL PARK, CROSSROADS BUSINESS PARK, EMPIRE ZONE, INCUBATOR BUILDING, BUSINESS ASSISTANCE CENTER, AND ESTEE COMMONS APARTMENT COMPLEX.--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRANT PRESTONTreasurer/Se-$0--
RONALD PETERSPresident/CePT$0--
JACK WILSONChair-$0--
GREG FAGANDirector-$0--
GEOFFREY PECKDirector-$0--
DENIS WILSONDirector-$0--
LESLIE FORDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fulton County Economic Development
EIN
14-6039695
Phone
5187257700
Address
34 WEST FULTON STREET, GLOVERSVILLE, NY 12078

Signing Officer

Name
Ronald Peters
Title
President/CEO
Phone
5187628700
Signed
2025-02-12
Discuss with paid preparer
Yes

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Amy M Pedrick
Phone
5187257127
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

“OTHER INCREASE 35”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 35 0”

Form 990-ez, Part III

“To provide funds and promote economic development within fulton county, new york.”

Form 990-ez, Part III, Line 28

“Promoting economic development within fulton county, new york through administration of certain government grants and projects including revolving loan pools, crossroads industrial park, johnstown industrial park, crossroads business park, empire zone, incubator building, business assistance center, and estee commons apartment complex.”

Raw XML Appendix122 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0RONALD PETERS
IRS990EZ/BooksInCareOfDetail/PhoneNum05187257700
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt034 WEST FULTON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLOVERSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012078
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0108
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0108
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0108
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0108
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GRANT PRESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RONALD PETERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACK WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GREG FAGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GEOFFREY PECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DENIS WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LESLIE FORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER/SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT/CE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt035
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDS AND PROMOTE ECONOMIC DEVELOPMENT WITHIN FULTON COUNTY, NEW YORK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTING ECONOMIC DEVELOPMENT WITHIN FULTON COUNTY, NEW YORK THROUGH ADMINISTRATION OF CERTAIN GOVERNMENT GRANTS AND PROJECTS INCLUDING REVOLVING LOAN POOLS, CROSSROADS INDUSTRIAL PARK, JOHNSTOWN INDUSTRIAL PARK, CROSSROADS BUSINESS PARK, EMPIRE ZONE, INCUBATOR BUILDING, BUSINESS ASSISTANCE CENTER, AND ESTEE COMMONS APARTMENT COMPLEX.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03931
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.47030
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCREASE 35
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 35 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE FUNDS AND PROMOTE ECONOMIC DEVELOPMENT WITHIN FULTON COUNTY, NEW YORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROMOTING ECONOMIC DEVELOPMENT WITHIN FULTON COUNTY, NEW YORK THROUGH ADMINISTRATION OF CERTAIN GOVERNMENT GRANTS AND PROJECTS INCLUDING REVOLVING LOAN POOLS, CROSSROADS INDUSTRIAL PARK, JOHNSTOWN INDUSTRIAL PARK, CROSSROADS BUSINESS PARK, EMPIRE ZONE, INCUBATOR BUILDING, BUSINESS ASSISTANCE CENTER, AND ESTEE COMMONS APARTMENT COMPLEX.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD PETERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05187628700
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FULTON COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt0FULT
ReturnHeader/Filer/EIN0146039695
ReturnHeader/Filer/PhoneNum05187257700
ReturnHeader/Filer/USAddress/AddressLine1Txt034 WEST FULTON STREET
ReturnHeader/Filer/USAddress/CityNm0GLOVERSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012078
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141662664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEST & COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLOVERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0120780354
ReturnHeader/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M PEDRICK
ReturnHeader/ReturnTs02025-03-07T11:41:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$108
Liabilities
-
Net assets
$108
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.03$0.00$0.02
2018Summary only. Only limited summary data is available for this year.$0.00$0.02$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$0.00$0.02$0.00$0.01$0.01
2016Summary only. Only limited summary data is available for this year.$0.01$0.02$0.02$0.00$0.01$0.00
2015Summary only. Only limited summary data is available for this year.$0.01$0.02$0.02$0.22$0.12$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.30$0.04$0.11$0.50$0.40
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.37$0.14$0.20$0.05
2012Summary only. Only limited summary data is available for this year.$5.14$0.42$4.72$0.29$0.65$0.37
2011Summary only. Only limited summary data is available for this year.$5.31$0.22$5.09$0.24$0.42$0.18
2010Summary only. Only limited summary data is available for this year.$5.62$0.35$5.27$0.49$0.80$0.31