Adirondack Economic Development Corporation
Saranac Lake, NY Doing business as A E D C
- UEI
- E1NJH1X61A36
- CAGE
- 587F2
- Primary NAICS
- 522291 Consumer Lending
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 67 Main St #300, Saranac Lake, NY 12983, USA
- Website
- adirondackedc.org
- Founded
- 1976
- Employees
- 1-10
- Estimated annual revenue
- $0-$1M
- Industry
-
- Industrials
- Commercial & Professional Services
- Professional Services
- SIC code
- 86 Membership Organizations
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Adirondack Economic Development Corporation, doing business as A E D C, is a tax-exempt nonprofit organization and Community Development Corporation based in Saranac Lake, New York, that has been registered in SAM.gov since October 2008. The organization serves as a Community Development Financial Institution (CDFI) focused on fostering economic development and entrepreneurship in the Adirondack region. Through federal grant awards, A E D C provides microloans, business training, technical assistance, and financial services to support small businesses, entrepreneurs, and underserved communities, particularly targeting women, minority-owned enterprises, and low-income individuals who lack adequate access to traditional credit and financial products.
A E D C has received substantial federal grant funding from multiple agencies to deliver comprehensive economic development services across the Adirondack region and surrounding areas. Under the Small Business Administration's Office of Capital Access Microloan Program (CFDA 59.046), the organization has received consistent annual formula and project grants ranging from approximately $163,000 to $240,000, with recent awards in fiscal years 2025, 2024, and 2023, enabling the organization to provide direct microloans up to $50,000 and business training and technical assistance to small businesses and entrepreneurs. From the U.S. Environmental Protection Agency Region 2 under the Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements program (CFDA 66.818), A E D C received a $500,000 cooperative agreement awarded July 1, 2025, with completion through September 30, 2029, to conduct brownfield assessment activities across 14 New York counties, including Phase I and Phase II environmental site assessments, community meetings, and cleanup planning. Additionally, the organization has received project grants from the Department of the Treasury's Community Development Financial Institutions Fund, including a $500,000 COVID-19 rapid response award in 2021 and a technical assistance grant awarded September 26, 2022, to build organizational capacity for CDFI operations. A E D C also received grants under the Rural Business Cooperative Services Section 6022 RMAP-Rural Micro Develop Organizations Grants program, with awards dated September 29, 2023, and September 18, 2025. The organization manages these grants directly with no subrecipient arrangements, allowing it to maintain comprehensive control over service delivery and community impact across its target markets in rural and underserved New York communities.
Quick answers
Is Adirondack Economic Development Corporation registered in SAM.gov?
Yes. Adirondack Economic Development Corporation's SAM.gov registration is active through January 5, 2027.
What is Adirondack Economic Development Corporation's CAGE code?
Adirondack Economic Development Corporation's CAGE code is 587F2, and its Unique Entity ID (UEI) is E1NJH1X61A36.
What is Adirondack Economic Development Corporation's most recent federal award?
Adirondack Economic Development Corporation's most recent federal grant award is SEC. 6022 rmap-rural micro develop organizations grants (DISC) (CLSS00000117180), from Rural Business Cooperative Services (RHS), on September 18, 2025.
On GovTribe
See Adirondack Economic Development Corporation's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors