Southern Tier Economic Growth Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 166050285 ✦ Elmira, NY ✦ Designated as a 501(c)(6)

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Overview

What is Southern Tier Economic Growth Inc?

Southern Tier Economic Growth Inc, located at 400 East Church Street, Elmira, NY, is a public-private partnership dedicated to boosting the local economy. Their mission involves assisting with business attraction and retention, fostering workforce development, and providing business assistance. This aim is to create sustainable jobs and encourage purposeful capital investments, thereby maintaining a robust and diverse economic landscape in the Southern Tier region of New York State. The organization is funded through local business support, as well as state and municipal contributions, and investment income.


Official website here: www.steg.com

Is Southern Tier Economic Growth Inc legitimate?

Southern Tier Economic Growth Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southern Tier Economic Growth Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $273,817

For more financial information, click here


Official website here: www.steg.com

What is the mission statement of Southern Tier Economic Growth Inc?

Southern Tier Economic Growth Inc is organized with a mission to foster regional economic development. This is achieved through the promotion of the Southern Tier region in New York State and providing financial aid and assistance to both new and existing businesses. The organization is funded by local business support, state, and municipal funding, as well as investment income. As a public-private partnership, Southern Tier Economic Growth Inc implements programs and initiatives to assist with business attraction and retention, workforce development, and business assistance. The goal is to create meaningful jobs and purposeful capital investments, thereby sustaining a strong and diverse local economy.


Official website here: www.steg.com

What is the revenue of Southern Tier Economic Growth Inc?

Southern Tier Economic Growth Inc's revenue in 2023 was $341,039.


Official website here: www.steg.com

Who are the executives of Southern Tier Economic Growth Inc and what are their salaries?

The average compensation at Southern Tier Economic Growth Inc during 2023 was $68,454. There are 4 employees at Southern Tier Economic Growth Inc.

Here are 76 key members and their salaries:


Arie J Van Den Blink (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven E Agan Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur D Ambrose (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Giammichele (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey B Streeter (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Balliett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary J Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Caracci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott H Beecher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Dygert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick S Bonnell Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Booth Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Burton (Director)
  • Compensation: $0
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  • Other: $0
Jo'El Eccleston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Burke (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Burlew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Michael Collins (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Dahlman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel F Dimon Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Edger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne M Eschbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Gensel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary A Grinnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean C Hackett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen P Hale (Director)
  • Compensation: $0
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  • Other: $0
Ernie Hartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey P Kenefick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles W Lindsay Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George E Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle J Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Manzari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Copp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Meier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Herrick-Mcgonigal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Morrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Moss (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel P Panosian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Potter (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael P Printup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Renner (2Nd Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Richter (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine H Roehlke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Steed (Director)
  • Compensation: $0
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  • Other: $0
Jerald M Stemerman (Director Emeritus)
  • Compensation: $0
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  • Other: $0
Marc Stemerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard W Swan (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Terry Do Mba Facobp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Valicenti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy P Vanfleet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk M Vieselmeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter C Wallin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Welliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Giammichele (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Pisano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Mandell Jr (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Hawken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Szerszen (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel P O'Connell (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Pizzini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald G Quick Jr (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol A Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mishook (Director)
  • Compensation: $0
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  • Other: $0
Edward Holzlein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Petrillose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Margeson (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders M Tomson (1St Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Roman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.steg.com

Where can I find the form 990 for Southern Tier Economic Growth Inc?

Southern Tier Economic Growth Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.steg.com

Learn more at the official website: www.steg.com

Mission Statement of Southern Tier Economic Growth Inc

Southern Tier Economic Growth, Inc. is dedicated to supporting regional economic development in New York State, specifically in the Southern Tier region. The organization's mission is twofold: firstly, to promote the Southern Tier region and secondly, to provide financial aid and assistance to both new and existing businesses. This is achieved through a combination of local business support, state and municipal funding, and investment income.

As a public-private partnership, Southern Tier Economic Growth, Inc. implements various programs and initiatives to assist with business attraction and retention, workforce development, and business assistance. The goal is to create meaningful jobs and purposeful capital investments, thereby sustaining a strong and diverse local economy. By focusing on these areas, the organization aims to contribute to the overall growth and development of the region.

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Impact



October, 2024

Southern Tier Economic Growth Inc actively fosters economic development in the Southern Tier region of New York State. By promoting local businesses and assisting both new and existing enterprises, it plays a crucial role in creating jobs and facilitating capital investment. The organization implements various programs and initiatives focused on business attraction and retention, as well as workforce development, ensuring that the local economy remains strong and diverse. Its financial support is bolstered by contributions from local businesses, state, and municipal funding, highlighting its role as a public-private partnership dedicated to regional prosperity. Ultimately, the impact of Southern Tier Economic Growth Inc is evident in its efforts to create meaningful job opportunities and enhance the overall economic landscape of the region.



This information is meant to be a general summary of Southern Tier Economic Growth Inc. 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.

Revenue
$341,039 (2023)
Expenses
$568,417 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $168
  • Program Service Revenue: $268,886
  • Gross Receipts: $349,514

Assets and Liabilities:

  • Total Assets: $2,408,085
  • Total Liabilities: $16,092
  • Net Assets: $2,391,993

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMINISTRATIVE INCOME

Revenue

$260,000

LOAN SERVICING FEES

Revenue

$8,636

LOAN APPLICATION FEES

Revenue

$250

Organization Details

Founding Year

1960

Principal Officer

Joseph Roman

Website

www.steg.com

NTEE Category

Code: S30 - Community improvement

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