2023-11-14T15:00:19-06:00 2022-12-31 161092347 MENGEL METZGER BARR & CO LLP 229B PARRISH STREET SUITE 240 CANANDAIGUA NY 14424 990 2022-01-01 271727452 ONTARIO COUNTY ECONOMIC DEVELOPMENT CORP ONTA 5853964460 20 ONTARIO STREET CANANDAIGUA NY 14424 RYAN DAVIS EXECUTIVE DIRECTOR 5853964460 2023-11-13 1 RYAN DAVIS 999009999 0 THOMAS ZUBER P02154016 5854231860 2023-11-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RYAN DAVIS 20 ONTARIO STREET CANANDAIGUA NY 14424 1043595 0 X WWW.ONTARIOCOUNTYNY.GOV X 2010 NY RELIEVE AND REDUCE UNEMPLOYMENT, TO BETTER & MAINTAIN JOB OPPORTUNITIES, PROMOTE & PROVIDE FOR ADDITIONAL EMPLOYMENT, TO HELP INCREASE THE TAX BASE OF ONTARIO COUNTY THROUGH THE ATTRACTION OF PRIVATE SECTOR INVESTMENT, AND TO LESSEN THE BURDENS OF GOVERNMENT AND ACT IN PUBLIC INTEREST. 10 10 0 12 0 0 734000 916230 149175 127019 248 346 0 0 883423 1043595 26390 944000 0 0 0 0 0 0 0 175009 195634 201399 1139634 682024 -96039 4923605 4828755 710569 711758 4213036 4116997 X RELIEVE AND REDUCE UNEMPLOYMENT, TO BETTER & MAINTAIN JOB OPPORTUNITIES, PROMOTE & PROVIDE FOR ADDITIONAL EMPLOYMENT, TO HELP INCREASE THE TAX BASE OF ONTARIO COUNTY THROUGH THE ATTRACTION OF PRIVATE SECTOR INVESTMENT, AND TO LESSEN THE BURDENS OF GOVERNMENT AND ACT IN PUBLIC INTEREST. 0 0 1091567 944000 127019 PROMOTING EMPLOYMENT, ENCOURAGING DEVELOPMENT AND ATTRACTING NEW INDUSTRY TO THE AREA. 1091567 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X X MICHAEL WOJCIK 5853964460 20 ONTARIO STREET CANANDAIGUA NY 14424 X KAREN PARKHURST DIRECTOR 2.00 X 0 0 0 ROBERT SOLLENNE CHAIRMAN 5.00 X X 0 0 0 KEVIN HILL TREASURER 5.00 X X 0 0 0 JOSEPH BRIDGEFORD VICE CHAIRMAN 5.00 X X 0 0 0 FRED LIGHTFOOTE DIRECTOR 2.00 X 0 0 0 WALTER MATYJAS DIRECTOR 2.00 X 0 0 0 FRED WILLIE DIRECTOR 2.00 X 0 0 0 ERICA WRIGHT DIRECTOR 2.00 X 0 0 0 DAVID LINGER DIRECTOR - JOINED DURING YEAR 2.00 X 0 0 0 PETER INGALSBE DIRECTOR - JOINED DURING YEAR 2.00 X 0 0 0 LYNN FREID DIRECTOR - JOINED DURING YEAR 2.00 X 0 0 0 MICHAEL MANIKOWSKI CEO - RESIGNED DURING YEAR 10.00 X 0 0 0 MICHAEL WOJCIK CFO 10.00 X 0 0 0 RYAN DAVIS CEO 10.00 X 0 0 0 0 0 0 0 0 0 0 0 916230 916230 PROGRAM INCOME 900099 125819 125819 APPLICATION INCOME 900099 1200 1200 127019 346 346 1043595 127019 0 346 944000 944000 13982 13982 5250 5250 106717 106717 9390 4137 5253 1608 1608 818 818 3301 3301 ONTARIO COUNTY SERVICES 71274 35637 35637 MISCELLANEOUS 1800 350 1450 ALLOWANCE FOR BAD DEBT -18506 -18506 1139634 1091567 48067 0 750 750 1304876 916080 4750 2300 3613229 3909625 10945 10945 0 0 4923605 4828755 253 1660 710316 710098 710569 711758 X 3680690 3704291 532346 412706 4213036 4116997 4923605 4828755 -96039 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10945 10945 0 0 X 1043595 0 1043595 0 1043595 1139634 0 1139634 0 1139634 PART X, LINE 2: THE OCEDC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE THE CORPORATION'S TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS RECEIVED A DETERMINATION LETTER FROM THE IRS. 1 ONTARO COUNTY 20 ONTARIO ST CANANDAIGUA NY 14424 160743024 ONTARIO COUNTY 50000 0 TRAINING PORT 100 LLC 100 CASTLE STREET GENEVA NY 14456 843899973 FOR PROFIT 30000 0 TRAINING FINGER LAKES EXTRUSION 2437 ROUTE 21 CANANDAIGUA NY 14424 161539424 FOR PROFIT 24000 0 COVID RELIEF WND CONSENTINO INC 1 RAILROAD PLACE GENEVA NY 14456 473540468 FOR PROFIT 60000 0 COVID RELIEF REINVENTION BREWING 5338 SUNFLOWER DRIVE CANANDAIGUA NY 14424 813680142 FOR PROFIT 20000 0 COVID RELIEF MACNAMARA-LARKIN LLC 52 CLIFTON STREET MANCHESTER NY 14504 471964345 FOR PROFIT 60000 0 COVID RELIEF KETTLE RIDGE FARMS LLC 515 LOG CABIN ROAD VICTOR NY 14564 130444286 FOR PROFIT 40000 0 COVID RELIEF SENECA PIZZA 120 SENECA STREET GENEVA NY 14456 161609412 FOR PROFIT 50000 0 COVID RELIEF RUSTY PIG LLC 34 LINDEN STREET GENEVA NY 14456 833857751 FOR PROFIT 20000 0 COVID RELIEF BELLA'S SICILIAN RISTORANTE LLC 93 SENECA STREET GENEVA NY 14456 824848890 FOR PROFIT 60000 0 COVID RELIEF MAC'S PHILLY STYLE INC 76 SOUTH MAIN STREET CANANDAIGUA NY 14424 204009114 FOR PROFIT 40000 0 COVID RELIEF SENECA PIZZA 120 SENECA STREET GENEVA NY 14456 161609412 FOR PROFIT 10000 0 COVID RELIEF MILL CREEK CAFE PO BOX 161 HONEOYE NY 14471 203805826 FOR PROFIT 40000 0 COVID RELIEF BIRDHOUSE BREWING CO 8716 MAIN STREET HONEOYE NY 14471 833331497 FOR PROFIT 60000 0 COVID RELIEF BOB & RUTH'S INC 204 N MAIN STREET NAPLES NY 14512 160873943 FOR PROFIT 20000 0 COVID RELIEF 5 KINDER FARM LLC 197 N MAIN STREET NAPLES NY 14512 205341510 FOR PROFIT 40000 0 COVID RELIEF ELEVEN LAKES RESTAURANT GROUP 520 HAMILTON STREET UNIT 512 GENEVA NY 14456 472720302 FOR PROFIT 60000 0 COVID RELIEF WATERSIDE WINE BAR 2461 WADDELL ROAD CLIFTON SPRINGS NY 14432 832347776 FOR PROFIT 20000 0 COVID RELIEF TWISTED RAIL BREWING COMPANY INC PO BOX 44 NAPLES NY 14512 462087221 FOR PROFIT 60000 0 COVID RELIEF SIMPLY CREPES OF CANANDAIGUA LLC 101 SOUTH MAIN STREET CANANDAIGUA NY 14424 352308674 FOR PROFIT 60000 0 COVID RELIEF GENEVA COFFEE INC 115 WASHINGTON STREET GENEVA NY 14456 821769476 FOR PROFIT 60000 0 COVID RELIEF THE DAINTY DONUT FACTORY 5199 WHITECLIFF DRIVE CANANDAIGUA NY 14424 364947769 FOR PROFIT 20000 0 COVID RELIEF FINGER LAKES BBQ COMPANY 2375 STATE RT 332 SUITE 400 CANANDAIGUA NY 14424 832938751 FOR PROFIT 40000 0 COVID RELIEF 1 22 PART I, LINE 2: OUTLOOK REMINDERS OF KEY DELIVERABLE AND FOLLOW-UP DATES ARE SET UP ONCE THE GRANT/DEFERRED LOAN DOCUMENTS ARE SIGNED. EACH GRANT/DEFERRED LOAN IS UNIQUE AND THE KEY DATES ARE GENERALLY BASED ON THE EXECUTION DATE OF THE DOCUMENT. GRANT/DEFERRED LOANS ARE REVIEWED AT THE END OF EACH QUARTER IN CONJUNCTION WITH COMPLETING THE ORGANIZATION'S FINANCIALS. FORM 990, PART VI, SECTION A, LINE 7A THE EDC HAS AN 10 MEMBER BOARD OF DIRECTORS. ONTARIO COUNTY MAY APPOINT NO MORE THAN THREE OF THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE APPROVED BY THE GOVERNING BODY. ONTARIO COUNTY MAY REMOVE ANY DIRECTOR THEY APPOINT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY REVIEWS THE STATUS OF ANY POTENTIAL CONFLICT OF INTEREST IN ACCORDANCE WITH THEIR POLICIES. IN ADDITION, THE BOARD SIGNS AFFIDAVITS ANNUALLY INDICATING ANY POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. AA THE PROCESS IS GOVERNED BY THE OCEDC AUDIT COMMITTEE AND THERE HAS BEEN NO CHANGE IN ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.