EIN 36-4465022

Downtown Schenectady Improvement Corporation

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1978
Most recent tax filings
2022-12-01
Description
Downtown Schenectady Improvement Corp promotes economic growth, environmental enhancement, and business marketing in Downtown Schenectady. Located in Schenectady, NY.
Total revenues
$791,188
2022
Total expenses
$897,254
2022
Total assets
$846,779
2022
Num. employees
19
2022

Program areas at Downtown Schenectady Improvement Corporation

Environmental enhancement - considers the cleanliness and visual appeal of Downtown Schenectady to be an essential part of all other redevelopment efforts throughout our district. Daily sidewalk maintenance, seasonal hanging baskets, landscaping and winter holiday decorations are just a few ways that we achieve this goal.
Business promotion marketing program - to promote Downtown Schenectady as a destination for shopping, dining, recreation and entertainment, as well as an ideal place to locate professional offices ranging from single proprietorships to major corporate headquarters.

Who funds Downtown Schenectady Improvement Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Schenectady FoundationGeneral Operations$25,000
AarpGrant To Support Aarp's Livable Communities Initiative$20,000
Pioneer Bank Charitable FoundationIlliminocity 2022 Foundation$2,500
...and 1 more grant received

Personnel at Downtown Schenectady Improvement Corporation

NameTitleCompensation
James SalengoExecutive Director$106,406
Gail WhiteOperations Manager
Amy SonderPromotions Manager
Tim FournierTeam Leader
Heather PetersonPresident$0
...and 6 more key personnel

Financials for Downtown Schenectady Improvement Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$339,840
Program services$449,858
Investment income and dividends$3,430
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-1,940
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$791,188

Form 990s for Downtown Schenectady Improvement Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-01990View PDF
2021-122022-06-06990View PDF
2020-122021-07-22990View PDF
2019-122020-12-17990View PDF
2018-122019-12-13990View PDF
...and 9 more Form 990s
Data update history
October 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from The Schenectady Foundation
October 26, 2023
Updated personnel
Identified 4 new personnel
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Pioneer Bank Charitable Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Fundraising eventsState / local levelReceives government fundingManagement and technical assistanceTax deductible donations
General information
Address
143 State St
Schenectady, NY 12305
Metro area
Albany-Schenectady-Troy, NY
County
Schenectady County, NY
Website URL
downtownschenectady.org/ 
Phone
(518) 377-9430
IRS details
EIN
36-4465022
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
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
Independent
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