Fulton County Economic Development Corp

Nonprofit profile at a glance

EIN
146039695
IRS 990-EZ coverage
2019–2025
Forms available
Form 990 2014, Form 990-EZ 2025
Location
Gloversville, NY, USA
Phone
5187257700
Rating confidence
Limited
Sector
Urban, Community Economic Development

Reported finances

Assets
$108

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • RONALD PETERS (PRESIDENT/CE)

People named in this filing

  • GRANT PRESTON (TREASURER/SE)
  • RONALD PETERS (PRESIDENT/CE)
  • JACK WILSON (CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide funds and promote economic development within fulton county, New York.

What it reported doing in 2025

Promoting economic development within fulton county, New York through administration of certain government grants and projects including revolving loan pools, crossroads industrial park, johnstown industrial park, crossroads business park, empire zone, incubator building, business assistance center, and estee commons apartment complex.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -36.9% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -37% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -42.9% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.