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Organizations Southern Tier Economic Growth Inc.

Southern Tier Economic Growth Inc.

Fiscal year ending 2019. Filed on August 13, 2020.

400 East Church Street
Elmira, New York 14901

Southern Tier Economic Growth Inc. (EIN: 16-6050285) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Southern Tier Economic Growth Inc., a 501(c)(6) business league, reported compensation for 2 out of 4 total employees. Among the employees shown here, the average compensation is $60,998. The highest compensated employee at Southern Tier Economic Growth Inc. is Michael Krusen with fiscal year 2019 compensation of $119,925.

Revenue, expenses, and employee compensation

Revenue

$380,367

Expenses

$697,490

Employee compensation

$428,862
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Krusen
President (Until JAN 31, 2019)
$119,925
$112,622 No related comp$7,303
Joseph Roman
President (BEG APR 1, 2019)
$2,070
$0 No related comp$2,070

Benchmark Employee Compensation

Non-Employee Board Members

Anders M Tomson
Assistant Treasurer
Arie J van Den Blink
Former Chair
Arne Feyling
Director
Arthur D Ambrose
Assistant Secretary
Betiri Estornes
Director
Charles Burke
Director
Charles W Lindsay, Ph.D.
Director
Christopher Goll
Director (RES 5/14/19)
Christopher J Moss
ex officio
Daniel F Dimon Jr
Director
Daniel J Bo Manuel
Director
Daniel J Burke
Director Emeritus

Mission Statement

SOUTHERN TIER ECONOMIC GROWTH, INC. IS ORGANIZED TO SUPPORT REGIONAL ECONOMIC DEVELOPMENT BY PROMOTION OF THE SOUTHERN TIER OF NEW YORK STATE, AND TO PROVIDE FINANCIAL AID AND ASSISTANCE TO NEW AND EXISTING BUSINESSES. THE ORGANIZATION IS FUNDED BY LOCAL BUSINESS SUPPORT, STATE AND LOCAL MUNICIPAL SUPPORT, AND INVESTMENT INCOME.

Revisions to this organization profile

November 14, 2025:
2024 Southern Tier Economic Growth Inc. 990 filed
August 19, 2024:
2023 Southern Tier Economic Growth Inc. 990 filed
November 14, 2023:
2022 Southern Tier Economic Growth Inc. 990 filed

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