EIN 16-1165469

Centerstate Development Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1981
Most recent tax filings
2023-12-01
Description
The Centerstate Development Foundation combats the deterioration of Syracuse and adjoining areas by developing and disseminating land use plans, offering resolutions to urban problem areas, and preventing the destruction of existing areas. Its mission is focused on economic development in upstate New York. The foundation encourages community cultural and educational activities while undertaking studies to identify community health needs in alignment with its exempt purposes.
Related structure
Centerstate Development Foundation is a subordinate organization under Centerstate Corporation for Economic Opportunity.
Also known as...
Metropolitan Development Foundation of Cny
Total revenues
$1,572,849
2023
Total expenses
$1,408,793
2023
Total assets
$3,698,191
2023
Num. employees
0
2023

Program areas at Centerstate Development Foundation

During the year the Foundation efforts were focused on activities aligned with its exempt purposes: encourages community cultural and educational activities, and undertakes studies to identify community health needs. By offering resolutions to urban problem areas, the Foundation helps to eliminate existing deteriorated areas, and to prevent the destruction of existing areas. The Foundation also encourages industrial and commercial firms to locate new facilities within the depressed areas in order to provide employment for the residents within these areas.

Personnel at Centerstate Development Foundation

NameTitleCompensation
Amy LawlerSenior Vice President of Finance$0
Lori DietzSenior Vice President of Administration and Hu$76,235
Kelly FurmarolaExecutive Director$0
Marian FrancherSenior Director of Finance$0
Robert SimpsonPresident$41,948
...and 8 more key personnel

Financials for Centerstate Development Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,686
Program services$1,465,571
Investment income and dividends$94,213
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,379
Total revenues$1,572,849

Form 990s for Centerstate Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-27990View PDF
2022-122023-07-10990View PDF
2021-122022-06-28990View PDF
2020-122021-06-30990View PDF
2019-122021-01-21990View PDF
...and 10 more Form 990s
Data update history
August 22, 2023
Updated personnel
Identified 4 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 6, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
115 W Fayette St
Syracuse, NY 13202
Metro area
Syracuse, NY
County
Onondaga County, NY
Phone
(315) 470-1800
IRS details
EIN
16-1165469
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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