Watertown Local Development Corporation
Fiscal year ending 2024. Filed on March 28, 2025.
259 Jb Wise Place 100
Watertown, New York 13601
Watertown Local Development Corporation (EIN: 16-1199439) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Watertown Local Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 out of 3 total employees. Among the employees shown here, the average compensation is $75,210. The highest compensated employee at Watertown Local Development Corporation is Don Rutherford with fiscal year 2024 compensation of $83,886.
Revenue, expenses, and employee compensation
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Mission Statement
THE ORGANIZATION'S MISSION IS TO FOSTER AN ENVIRONMENT OF COOPERATION BETWEEN THE CITY GOVERNMENT, ECONOMIC DEVELOPMENT AGENCIES AND THE PRIVATE SECTOR WITH THE GOAL OF PROMOTING ECONOMIC EXPANSION AND PROSPERITY IN THE CITY OF WATERTOWN. MOREOVER, THE ORGANIZATION USES FINANCIAL RESOURCES TO LEVERAGE OTHER INVESTMENTS, WITH THE GOAL OF JOB CREATION, RETENTION AND ELIMINATION OF BLIGHT.
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