Overview
What is Rome Industrial Development Corporation?
The Rome Industrial Development Corporation, situated in Rome, New York, serves as a driving force in enhancing the economic community in its area. Their mission is to support, nurture, and encourage the growth of businesses, both new and existing, within the city of Rome. They achieve this objective through development initiatives, stimulating the local economy and fostering a thriving business environment. The corporation's activities are geared towards advancing and promoting commercial, industrial, and financial growth in Rome and its surroundings, ultimately improving the city's economic vitality and quality of life.
Official website here: www.romeindustrial.com
Is Rome Industrial Development Corporation legitimate?
Rome Industrial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rome Industrial Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.romeindustrial.com
What is the mission statement of Rome Industrial Development Corporation?
The Rome Industrial Development Corporation's mission is aimed at fostering and boosting both new and existing businesses in their operational area. Their primary objective is to enhance the economic vitality and improve the quality of life within their community. They accomplish this by providing support, nurturing, and encouraging commercial, industrial, and financial development. Essentially, the corporation's role is to stimulate and advance business growth, thereby contributing positively to their economic community.
Official website here: www.romeindustrial.com
Who is the CEO of Rome Industrial Development Corporation?
Ronald Edwards is the President of Rome Industrial Development Corporation.
Official website here: www.romeindustrial.com
What is the revenue of Rome Industrial Development Corporation?
Rome Industrial Development Corporation's revenue in 2022 was $230,852.
Official website here: www.romeindustrial.com
Who are the executives of Rome Industrial Development Corporation and what are their salaries?
There 10 volunteers at Rome Industrial Development Corporation.
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Official website here: www.romeindustrial.com
Where can I find the form 990 for Rome Industrial Development Corporation?
Rome Industrial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.romeindustrial.com
Learn more at the official website: www.romeindustrial.com
Mission Statement of Rome Industrial Development Corporation
The Rome Industrial Development Corporation, or RIDC, is committed to encouraging, stimulating, and promoting both new and existing businesses in various sectors within its community. Its mission is to uphold and enhance the economic vitality and quality of life in the area it serves by supporting, nurturing, and encouraging commercial, industrial, and financial development. RIDC achieves this objective by actively operating to improve the economic community, accomplishing this through development and encouragement towards new and existing businesses within the organization's purview.
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Impact
October, 2024
The Rome Industrial Development Corporation (RIDC) significantly impacts the economic landscape of the City of Rome, New York, by fostering an environment conducive to business growth. By encouraging, stimulating, and advancing both new and existing businesses, RIDC plays a crucial role in enhancing the community's economic vitality.
Through targeted initiatives, RIDC not only supports the establishment of new ventures but also strengthens the existing commercial and industrial base. This dual focus ensures a diversified economy, creating job opportunities and improving the overall quality of life for residents. RIDC's commitment to nurturing businesses translates into increased financial development, which bolsters the local economic framework.
Moreover, RIDC's efforts contribute to community improvement, making Rome a more attractive place for both entrepreneurs and residents alike. By maintaining and improving economic vitality, RIDC plays an integral part in shaping a thriving business ecosystem that benefits the entire region.
This information is meant to be a general summary of Rome Industrial Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $857
- Program Service Revenue: $201,057
- Gross Receipts: $230,852
Assets and Liabilities:
- Total Assets: $2,844,307
- Total Liabilities: $614,641
- Net Assets: $2,229,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$185,679
INTEREST INCOME-LOANS
Revenue
$15,378
Organization Details
Founding Year
1959
Phone
(315) 338-0393Principal Officer
Ronald Edwards
Main Address
584 PHOENIX DRIVE, ROME, NY, 13441
Website
www.romeindustrial.comNTEE Category
Code: S310 - Community improvement
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