2025-06-02T13:26:59-05:00 2024-12-31 474526160 EFPR GROUP CPAS PLLC 100 SOUTH CLINTON AVE SUITE 1500 ROCHESTER NY 14604 990 2024-01-01 160955314 WAYNE ECONOMIC DEVELOPMENT CORPORATION WAYN 3159465919 9 PEARL STREET LYONS NY 14489 BRIAN PINCELLI EXECUTIVE DIRECTOR/CEO 3159465919 2025-06-02 1 1 CHRISTOPHER JOHNSTON P00896198 5854278900 2025-06-02 2024 2025-03-06 01:10:19Z BRIAN PINCELLI 9 PEARL STREET LYONS NY 14489 707846 0 X WWW.WEDCNY.COM X 1968 NY THE CORPORATION WAS FORMED TO LESSEN THE BURDENS OF GOVERNMENT AND ACT IN THE PUBLIC INTEREST; TO FACILITATE ECONOMIC ACTIVITIES THROUGHOUT WAYNE COUNTY, NY INCLUDING THE LOCATION AND EXPANSION OF CIVIC, INDUSTRIAL AND COMMERCIAL FACILITIES, THE CREATION OF NEW AND IMPROVED JOB OPPORTUNITIES, THE REDUCTION OF UNEMPLOYMENT AND THE IMPROVEMENT OF THE WELL-BEING OF ITS COMMUNITIES AND RESIDENTS. 7 7 0 39 0 0 40000 40000 41228 14719 69236 107127 892000 546000 1042464 707846 103528 87678 0 0 0 0 0 0 0 893087 575686 996615 663364 45849 44482 7532198 7230680 446000 100000 7086198 7130680 X THE CORPORATION WAS FORMED TO LESSEN THE BURDENS OF GOVERNMENT AND ACT IN THE PUBLIC INTEREST; TO FACILITATE ECONOMIC ACTIVITIES THROUGHOUT WAYNE COUNTY, NY INCLUDING THE LOCATION AND EXPANSION OF CIVIC, INDUSTRIAL AND COMMERCIAL FACILITIES, THE CREATION OF NEW AND IMPROVED JOB OPPORTUNITIES, THE REDUCTION OF UNEMPLOYMENT AND THE IMPROVEMENT OF THE WELL-BEING OF ITS COMMUNITIES AND RESIDENTS. 0 0 650579 87678 667329 TO FACILITATE ECONOMIC ACTIVITIES THROUGHOUT WAYNE COUNTY, NY INCLUDING THE LOCATION AND EXPANSION OF CIVIC, INDUSTRIAL AND COMMERCIAL FACILITIES, THE CREATION OF NEW AND IMPROVED JOB OPPORTUNITIES, THE REDUCTION OF UNEMPLOYMENT AND THE IMPROVEMENT OF THE WELL-BEING OF ITS COMMUNITIES AND RESIDENTS. 650579 1 1 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 1 0 0 0 1 9 0 1 0 0 0 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 0 0 0 0 NY X BRIAN PINCELLI EXECUTIVE DIRECTORCEO 3159465919 9 PEARL STREET LYONS NY 14489 SCOTT JOHNSON CHAIRMAN 0.10 X X 0 0 0 ANTHONY VERNO VICE CHAIR 0.10 X X 0 0 0 KAYE STONE-GANSZ SECRETARY 0.10 X X 0 0 0 JULIE DILELLA TREASURER 0.10 X X 0 0 0 PAMELA HEALD BOARD MEMBER 0.10 X 0 0 0 AMANDA MCDONALD BOARD MEMBER 0.10 X 0 0 0 KEN VANFLEET BOARD MEMBER 0.10 X 0 0 0 BRIAN PINCELLI EXECUTIVE DIRECTOR/CEO 0.20 37.50 X 0 134992 8048 JAMIE CORTEVILLE FISCAL OFFICER/CFO 0.20 37.50 X 0 74524 17862 KATHLEEN BRONSON DEPUTY DIRECTOR/COO 0.20 37.50 X 0 93544 28534 0 303060 54444 0 0 0 0 0 40000 40000 COUNTY CONTRACTUAL INC 900099 12869 12869 AGENCY FEE INCOME 900099 1000 1000 OTHER INCOME 900099 850 850 14719 107127 106610 517 546000 0 546000 546000 546000 707846 667329 0 517 87678 87678 1038 1038 8730 8730 8 8 33776 33776 2406 2406 CAPITAL REPAIR EXPENSES 401400 401400 BAD DEBT & COLLECTION C 103975 103975 REPAIRS AND MAINTENANCE 23750 23750 SPONSORSHIP 603 603 663364 650579 12785 0 868956 811834 1630528 2326131 15000 743 2314699 1821421 402010 2343 2715418 454316 2294878 2261102 6127 7106 7532198 7230680 446000 100000 446000 100000 X 7086198 7130680 7086198 7130680 7532198 7230680 44482 0 X X 0 1 X 1 0 X X X 1 WAYNE COUNTY INDUSTRIAL DEVELOPMENT AGENCY 521297494 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1655540 1655540 950000 420714 529286 10388 10388 0 99490 23214 76276 2261102 X 707846 0 707846 0 707846 663364 0 663364 0 663364 PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM INCOME TAX UNDER IRC 501(C)(3) AND NEW YORK STATE ARTICLE 14 AS A LOCAL DEVELOPMENT CORPORATION. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE. IN ACCORDANCE WITH ASC 740-10-50, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE CORPORATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE CORPORATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE CORPORATION'S FINANCIAL STATEMENTS. 1 DRUMLINS BREWING COMPANY LLC 331 WEST JACKSON STREET PALMYRA NY 14522 931983153 20000 0 KICK START WAYNE COUNTY GRANT: ADULT BUSINESS STARTUP PITCH COMPETITION WINNER (1ST PLACE) MORNING WOOD DESIGNS LLC 1875 RIDGE ROAD ONTARIO NY 14519 932749568 20000 0 MICROBURST GRANT HOG AND HEN HOSPITALITY LLC 201 EAST MAIN STREET PALMYRA NY 14522 934824417 20000 0 MICROBURST GRANT SIMPLY EQUINE LLC 3768 PILGRIMPORT ROAD LYONS NY 14489 883997587 20000 0 MICROBURST GRANT 0 4 PART I, LINE 2: KICK START WAYNE COUNTY GRANT: ADULT BUSINESS STARTUP PITCH COMPETITION SUMMARY OF GRANT PROCEDURE: STARTUP BUSINESSES SUBMIT A BUSINESS PITCH PLAN TO WEDC ALONG WITH NECESSARY FINANCIALS. PANEL OF JUDGES SELECT TOP FINALISTS. FINALISTS PRESENT LIVE AND 1ST PLACE AND 2ND PLACE WINNERS ARE CHOSEN. IN 2024, WEDC INVESTED $25,000, WHICH WAS THE FUNDING USED FOR THE 1ST PLACE GRANT PRIZE OF $20,000 AND 2ND PLACE (BOOST AWARD) GRANT PRIZE OF $5,000. GRANT DISBURSEMENT AGREEMENTS ARE SIGNED BY THE AWARD WINNER(S) AND WEDC. DURING THE TIME PERIOD IMMEDIATELY FOLLOWING THE AWARD THROUGH THE FOLLOWING FISCAL YEAR, THE GRANT RECIPIENTS ARE TO SUBMIT PROOF OF ELIGIBLE USES FOR THIS GRANT FUNDING. THE RECEIPTS ARE REVIEWED INTERNALLY BY MULTIPLE STAFF FOR COMPLIANCE AND ACCURACY. MICROBURST GRANT PROGRAM: SUMMARY OF GRANT PROCEDURE: $200,000 WAS AWARDED BY CDBG FOR MICROBURST GRANT PROGRAM. APPROVED APPLICANTS ARE ELIGIBLE FOR UP TO $20,000 REIMBURSABLE GRANT FUNDING FOR PROJECT COSTS. 1 LOW TO MODERATE INCOME FTE (OR THROUGH BUSINESS OWNER QUALIFICATION) MUST BE CREATED IN CONNECTION WITH THIS FUNDING. FUNDING IS REIMBURSABLE, SO COMPANY SUBMITS PROOF OF ELIGIBLE PAYMENTS, REIMBURSEMENT REQUESTS ARE REVIEWED BY MULTIPLE STAFF AND IS THEN REIMBURSED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 11B FINANCIAL INFORMATION IS REVIEWED BY THE CORPORATION'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND THEN BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS CONSISTENTLY AND REGULARLY MONITORED AND ENFORCED THROUGH THE ACTIVITIES OF THE CORPORATION'S COMPLIANCE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C: NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR. WAYNE COUNTY INDUSTRIAL DEVELOPMENT AGENCY 9 PEARL STREET LYONS NY 14489 521297494 TO ADVANCE THE JOB OPP, HEALTH, GENERAL PROPENSITY & ECONOMIC WELFARE. NY PUBLIC BENEFIT CORPO 0 WAYNE COUNTY NEW YORK 26 CHURCH STREET LYONS NY 14489 156000470 GOVERNMENT NY PUBLIC BENEFIT CORPO 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 WAYNE COUNTY C 40000 ACTUAL WAYNE COUNTY O 357504 ACTUAL