2025-11-17T10:32:02-06:00 2024-12-31 132550103 D'ARCANGELO & CO LLP 120 LOMOND COURT UTICA NY 135025950 990 2024-01-01 161592039 GRIFFISS UTILITY SERVICES CORPORATION GRIF 3158384872 410 PHOENIX DRIVE ROME NY 13441 JOSEPH L CUNNINGHAM BOARD CHAIRMAN 3158384872 2025-11-10 1 0 TRICIA L LUCAS CPA P00227744 3157355216 2025-11-10 2024 2025-03-06 01:10:19Z JOSEPH L CUNNINGHAM 410 PHOENIX DRIVE ROME NY 13441 24222529 0 X WWW.GUSC.NET X 2001 NY GUSC WAS ORGANIZED TO ASSIST GRIFFISS LOCAL DEVELOPMENT CORPORATION (GLDC) IN THEIR MISSION TO REDEVELOP GRIFFISS BUSINESS AND TECHNOLOGY PARK. 7 7 13 7 0 0 0 0 10118389 9522142 1082747 1360814 0 0 11201136 10882956 0 0 0 0 1316466 1341576 0 0 0 8271089 9509320 9587555 10850896 1613581 32060 58070884 58721570 1201839 1380470 56869045 57341100 GUSC WAS ORGANIZED TO ASSIST GRIFFISS LOCAL DEVELOPMENT CORPORATION (GLDC) IN THEIR MISSION TO REDEVELOP GRIFFISS BUSINESS AND TECHNOLOGY PARK. 0 0 9691364 9522142 GUSC IS ORGANIZED TO SUPPORT THE RESTRUCTURE, REFORM AND REALIGNMENT OF GRIFFISS BUSINESS & TECHNOLOGY PARK BY ACQUIRING, MAINTAINING AND SELLING UTILITIES TO PARK TENNANTS. 9691364 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 13 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAN MANEEN 3158384872 410 PHOENIX DR ROME NY 13441 MICHAEL SHERIDAN VICE CHAIRMAN 1.00 X X 0 0 0 DAVE YOULEN MEMBER 1.00 X 0 0 0 WILLIAM STEVENS MEMBER 1.00 X 0 0 0 TIMOTHY WOODS MEMBER 1.00 X 0 0 0 JOHN MCNAMARA MEMBER 1.00 X 0 0 0 ROBERT SKIBITSKI MEMBER 1.00 X 0 0 0 JOE CUNNINGHAM CHAIRMAN 1.00 X X 0 0 0 ROBERT KANE TREASURER 1.00 X X 0 0 0 DANIEL MANEEN PRESIDENT/CEO 37.50 X 239067 0 36518 AARON FALKENMEYER COO 37.50 X 147175 0 40726 TAYLOR SRECA CFO 37.50 X 117640 0 20640 MIKE DAVIS VICE PRESIDENT OPERATIONS 37.50 X 146294 0 15336 650176 0 113220 4 0 1 0 NEW YORK INDEPENDENT SYSTEM OPERATOR 10 KREY BLVD RENSSELAER NY 12144 ENERGY SERVICES 2573848 NEW YORK POWER AUTHORITY 123 MAIN STREET WHITE PLAINS NY 10601 ELECTRICITY SUPPLIER 800942 NATIONAL GRID 300 ERIE BOULEVARD WEST SYRACUSE NY 13202 ELECTRICITY SUPPLIER 623208 NEW YORK STATE ENERGY RESEARCH AND DEVEL 17 COLUMBIA CIR ALBANY NY 12203 ENERGY SERVICES 427460 ALTEC SERVICE GROUP 210 INVERNESS CENTER DRIVE BIRMINGHAM AL 35242 EQUIPMENT SUPPLIER 284393 7 UTILITY REVENUE 221000 9402142 9402142 120000 120000 9522142 1463235 1463235 13237152 13339573 -102421 -102421 -102421 10882956 9522142 0 1360814 601766 252443 349323 534372 226555 307817 29655 11759 17896 101841 40382 61459 73942 31753 42189 43860 29240 14620 33225 33225 43246 43246 41984 41984 60658 27706 32952 12768 5545 7223 55073 46917 8156 61552 35356 26196 1609780 1559874 49906 154844 116404 38440 PURCHASED ELECTRICITY 4321438 4321438 PURCHASED STEAM, NATURA 2631488 2631488 ELECTRICAL SURCHARGES 126647 126647 CONTRACTED SERVICES 86735 36427 50308 226022 191430 34592 10850896 9691364 1159532 0 110079 59323 8580632 9601744 881794 1144483 1594937 885156 53598801 39288819 15348887 14309982 22051722 22905693 9502833 9815189 58070884 58721570 543781 765314 658058 615156 1201839 1380470 X 56869045 57341100 56869045 57341100 58070884 58721570 32060 439995 0 X X 0 1 X 1 0 X X 1 GRIFFISS LOCAL DEVELOPMENT CORPORATION 161471446 10 1 126647 0 1 126647 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV SECTION E LINE 2A: ALL OF GUSC'S ACTIVITIES ARE IN SUPPORT OF GLDC, IN PARTICULAR, BY PROVIDING RELIABLE AND ECONOMICAL ELECTRIC AND STEAM ENERGY TO THE COMPANIES AND ORGANIZATIONS OF GRIFFISS BUSINESS AND TECHNOLOGY PARK. GUSC IS ALSO RESPONSIBLE FOR ALL MAINTENANCE AND CAPITAL IMPROVEMENTS TO THE UTILITY ELECTRIC AND STEAM DISTRIBUTION SYSTEMS OF THE PARK. GUSC'S EFFORTS PROVIDE CUSTOMERS THE BEST PROGRAMS AVAILABLE THAT WILL HELP THEIR BUSINESS BE COMPETITIVE AND GROW AND, THUS, ENCOURAGE ECONOMIC DEVELOPMENT OF THE PARK AND THE REGION. PART IV SECTION D LINE 3 GLDC IS CONTINUING ITS ONGOING MISSION TO REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE IN ROME, NY THROUGH THE IMPLEMENTATION OF A COMPREHENSIVE REDEVELOPMENT STRATEGY (WHICH INCLUDES THE DEVELOPMENT OF THE GRIFFISS BUSINESS AND TECHNOLOGY PARK) AND TO MAINTAIN, STRENGTHEN, AND EXPAND THE VIABILITY OF THE REMAINING AIR FORCE AND OTHER FEDERAL ASSETS. PART IV SECTION E LINE 2B GLDC WAS RESPONSIBLE FOR THE ORIGINAL OPERATING ASSETS THAT GUSC NOW OWNS. THE UTILITY OPERATIONS AND MAINTENANCE ACTIVITIES WERE SUBSEQENTLY TRANSFERRED TO GUSC TO ISOLATE GLDC FROM POTENTIAL LIABILITY ASSOCIATED WITH THE UTILITY INDUSTRY AND TO MAXIMIZE THE CURRENT AND FUTURE ECONOMIC BENEFITS TO BUSINESSES AND ORGANIZATIONS IN THE GRIFFISS BUSINESS AND TECHNOLOGY PARK. 293354 293354 18798054 10493371 8304682 8949871 6713138 2236737 25557522 22082310 3475209 14309982 CASH SURRENDER VALUE 800356 NOTE RECEIVABLE-SUBSIDIARY 6000000 INVESTMENT IN SUBSIDIARY 996483 DUE FROM SUBSIDIARY 846482 DEPOSIT WITH NYISO 1171868 9815189 DEPOSITS 123476 DEFERRED COMPENSATION PLAN 491680 615156 X X X X X 0 1 0 0 0 0 0 0 0 DANIEL MANEEN PRESIDENT/CEO 239067 0 0 0 0 0 27496 0 9022 0 275585 0 0 0 AARON FALKENMEYER COO 147175 0 0 0 0 0 15747 0 24979 0 187901 0 0 0 MIKE DAVIS VICE PRESIDENT OPERATIONS 146294 0 0 0 0 0 14273 0 1063 0 161630 0 0 0 PART I, LINE 4B DAN MANEEN $17,582 NONQUALIFIED, DEFERRED COMPENSATION PLAN FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO ALL MEMBERS PRIOR TO SUBMISSION FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. IF A CONFLICT ARISES DURING THE YEAR IMMEDIATE DISCLOSURE IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PERFORMS AN ANNUAL REVIEW OF MANAGEMENT SALARIES. INCREASES ARE BASED ON PERFORMANCE AND COMPARISONS TO SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS CONTAINING THE CORPORATION'S INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII LINE 2C THE FULL BOARD ASSUMES THIS RESPONSIBILITY. GRIFFISS LOCAL DEVELOPMENT CORPORATION 584 PHOENIX DRIVE ROME NY 13441 161471446 TO REDEVELOP THE FORMER GRIFFISS AIR FORCE BASE IN ROME, NEW YORK NY 501(C)(3) LINE 11 0 GUSC ENERGY INC 410 PHOENIX DRIVE ROME NY 13440 262199370 BIOMASS FUEL POWER NY GRIFFISS UTILITY SERVICES CORPORATION C 2506607 13281240 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 GUSC ENERGY INC A 180000 MARKET RATE GUSC ENERGY INC D 846482 MARKET RATE GUSC ENERGY INC L 282280 MARKET RATE GUSC ENERGY INC M 2506607 MARKET RATE