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Organizations Economic Development Growth Enterprises Corporation

Economic Development Growth Enterprises Corporation

Fiscal year ending 2024. Filed on June 26, 2025.

584 Phoenix Drive
Rome, New York 13441

Economic Development Growth Enterprises Corporation (EIN: 16-0874637) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Economic Development Growth Enterprises Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 18 total employees. Among the employees shown here, the average compensation is $136,227. The highest compensated employee at Economic Development Growth Enterprises Corporation is Shawna Papale with fiscal year 2024 compensation of $207,455.

Revenue, expenses, and employee compensation

Revenue

$10,796,894

Expenses

$6,886,017

Employee compensation

$1,679,792
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Shawna Papale
President
$207,455
$161,899 No related comp$45,556
Maureen Carney
Chief Financial Officer
$144,115
$121,259 No related comp$22,856
Christian Mercurio
Vice President Planning an
$128,023
$113,689 No related comp$14,334
Steven Dimeo
Former President
$102,977
$93,625 No related comp$9,352
Nicholas Bruno
Secretary, Non-Voting
$98,564
$88,433 No related comp$10,131

Benchmark Employee Compensation

Non-Employee Board Members

Alicia Dicks
Director
Andy Russell
Director
Anna D'Ambrosio
Director
Brian Anderson
Director
Brian Loughlin
Director
Charles Green
Director
Darlene Stromstad
Director
David Kavney
Director
David M Manzelmann
Director
Denise Cavanaugh
Voting ex officio Member
Douglas Walters
Director
Eve van de Wal
Director

Contractors

VIP Structures Inc.
Architect
$5,724,501
Wolfspeed
Contractual
$1,039,843
Fu Wilmers Architects Pllc
Architect
$330,820
Saunders Kahler LLP
Legal
$253,640
Weston & Sampson Pe Ls LA Architects P
Architect
$249,349

Mission Statement

TO STRENGTHEN LOCAL BUSINESS, ATTRACT NEW INDUSTRIES AND TALENT, AND CREATE VIBRANT COMMUNITIES TO GROW THE MOHAWK VALLEY ECONOMY

Revisions to this organization profile

June 26, 2025:
2024 Economic Development Growth Enterprises Corporation 990 filed
July 16, 2024:
2023 Economic Development Growth Enterprises Corporation 990 filed
June 21, 2023:
2022 Economic Development Growth Enterprises Corporation 990 filed

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