2025-05-14T09:30:02-05:00 2024-12-31 161092347 MENGEL METZGER BARR & CO LLP 229B PARRISH STREET SUITE 240 CANANDAIGUA NY 14424 990 2024-01-01 271727452 ONTARIO COUNTY ECONOMIC DEVELOPMENT CORP ONTA 5853964460 20 ONTARIO STREET CANANDAIGUA NY 14424 RYAN DAVIS EXECUTIVE DIRECTOR 5853964460 2025-05-12 1 1 THOMAS ZUBER P02154016 5854231860 2025-05-12 2024 2025-03-06 01:10:19Z RYAN DAVIS 20 ONTARIO STREET CANANDAIGUA NY 14424 199705 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. 11 11 0 11 0 0 444836 0 130070 105863 52157 93842 0 0 627063 199705 434534 40000 0 0 0 0 0 0 0 92948 75020 527482 115020 99581 84685 4938251 5016662 721673 715399 4216578 4301263 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 74637 40000 105863 PROMOTING EMPLOYMENT, ENCOURAGING DEVELOPMENT AND ATTRACTING NEW INDUSTRY TO THE AREA. 74637 0 0 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 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 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 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 VICE CHAIRMAN 5.00 X X 0 0 0 DAVID LINGER DIRECTOR 2.00 X 0 0 0 PETER INGALSBE DIRECTOR 2.00 X 0 0 0 LYNN FREID DIRECTOR 2.00 X 0 0 0 CARLA SIELING DIRECTOR 2.00 X 0 0 0 MICHAEL WOJCIK CFO 10.00 X 0 0 0 RYAN DAVIS EXECUTIVE DIRECTOR 10.00 X 0 0 0 0 0 0 0 0 0 0 0 PROGRAM INCOME 900099 104263 104263 APPLICATION INCOME 900099 1600 1600 105863 93842 93842 199705 105863 0 93842 40000 40000 6176 6176 8700 8700 5344 5344 789 789 3520 3520 ONTARIO COUNTY SERVICES 71274 35637 35637 MISCELLANEOUS 734 297 437 CREDIT LOSS ADJUSTMENT -21517 -21517 115020 74637 40383 0 750 677 2380764 2178361 3300 1250 2553437 2836374 10945 10945 0 0 4938251 5016662 11223 716 710450 714683 721673 715399 X 4196795 4279880 19783 21383 4216578 4301263 4938251 5016662 84685 0 X X 0 1 X 1 0 10945 10945 0 0 X 199705 0 199705 0 199705 115020 0 115020 0 115020 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 ONTARIO COUNTY TREASURER 20 ONTARIO STREET CANANDAIGUA NY 14424 166002565 40000 0 JOB TRAINING 1 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 11 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.