TROY LOCAL DEVELOPMENT CORPORATION
C/O CITY OF TROY 433 RIVER STREET, TROY, NY 12180 troyny.gov

Total Revenue
$460,824
Total Expenses
$436,283
Net Assets
$2,084,776

Organizations Filed Purposes: THE TROY LOCAL DEVELOPMENT CORPORATION, A PRIVATE NOT-FOR-PROFIT CORPORATION, WAS ESTABLISHED IN 1987 FOR THE PURPOSES OF CONSTRUCTING, ACQUIRING, REHABILITATING, AND IMPROVING BUILDINGS OR SITES IN THE CITY OF TROY, AND TO ASSIST FINANCIALLY IN THE CONSTRUCTION, ACQUISITION, REHABILITATION, AND IMPROVEMENT OF BUILDING OR SITES WITHIN THE CITY, AND TO FOSTER EMPLOYMENT OPPORTUNITIES FOR TROY RESIDENTS, INCLUDING BUSINESS RETENTION AND ATTRACTION, AND JOB CREATION AND RETENTION. THE TLDC ALSO SERVES AS A LIAISON WITH FEDERAL, STATE AND OTHER LOCAL AUTHORITIES WITH RESPECT TO DISSEMINATING INFORMATION AND OFFERING TECHNICAL ADVICE. THE TLDC HAS THE AUTHORITY TO ACQUIRE REAL OR PERSONAL PROPERTY BY PURCHASE OR LEASE, BORROW FUNDS, PROVIDE FINANCIAL ASSISTANCE, AND ISSUE NEGOTIABLE BONDS, NOTES AND OTHER OBLIGATIONS.

PROGRAMS UNDERTAKEN BY THE TROY LOCAL DEVELOPMENT CORPORATION (TLDC) INCLUDE: GRANT-MAKING TO APPROVED APPLICANTS FOR REAL PROPERTY IMPROVEMENTS, LOW-INTEREST RATE ADVANCES TO ACCOMPLISH SIMILAR IMPROVEMENT PURPOSES, AND RENTAL OF OWNED PROPERTY FOR THE ENHANCEMENT OF REGIONALLY-TARGETED ECONOMIC GROWTH AND DEVELOPMENT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steven StrichmanEXECUTIVE DIRECTOR1$15,000
Ken ZalewskiBOARD MEMBER1$0
Dep Mayor Monica KurzejeskiBOARD MEMBER1$0
Andrew RossVICE CHAIRMAN1$0
Justin NadeauCHAIRMAN1$0

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