Form 990 for tax year 2022
Filed by NEW YORK STATE ECONOMIC DEVELOPMENT COUNCIL INC.
Totals
- Total revenue
- $1,113,966
- Total expenses
- $1,033,729
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,113,737
- Investment income
- $229
- Other revenue
- $0
- Total assets, end of year
- $958,002
- Total liabilities, end of year
- $203,180
- Net assets or fund balances, end of year
- $754,822
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EDUCATIONAL PROGRAMS
total $749,652 · related or exempt $749,652
-
2b · Program service revenue: MEMBERSHIP DUES
total $332,900 · related or exempt $332,900
-
2c · Program service revenue: BUSINESS MARKETING
total $21,000 · related or exempt $21,000
-
2d · Program service revenue: SPECIAL PROGRAMS
total $10,185 · related or exempt $10,185
-
3 · Investment income
total $229 · excluded $229
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $182,265
-
7 · Other salaries and wages
total $180,336
-
8 · Pension plan contributions
total $7,135
-
9 · Other employee benefits
total $18,195
-
10 · Payroll taxes
total $29,381
-
11g · Fees: other
total $116,917
-
12 · Advertising and promotion
total $187,180
-
13 · Office expenses
total $13,833
-
16 · Occupancy
total $40,258
-
23 · Insurance
total $2,830
-
24a · Other expenses: EDUCATIONAL PROGRAMS
total $224,637
-
24b · Other expenses: OTHER EXPENSES
total $14,771
-
24c · Other expenses: TELEPHONE AND INTERNET
total $6,070
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $6,040
-
24e · All other expenses
total $3,881
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $514,918 · end of year $395,933
-
2 · Savings and temporary cash investments
beginning of year $171,173 · end of year $172,398
-
4 · Accounts receivable
beginning of year $140,211 · end of year $215,427
-
9 · Prepaid expenses and deferred charges
beginning of year $9,977 · end of year $50,302
-
15 · Other assets
beginning of year $0 · end of year $123,942
-
17 · Accounts payable and accrued expenses
beginning of year $67,784 · end of year $23,795
-
19 · Deferred revenue
beginning of year $93,910 · end of year $55,443
-
25 · Other liabilities
beginning of year $0 · end of year $123,942
-
27 · Net assets without donor restrictions
beginning of year $674,585 · end of year $754,822
Mission and programs · 2022
Mission
THE MISSION OF ORGANIZATION IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF NEW YORK STATE AND ITS COMMUNITIES, ENCOURAGE SOUND BUSINESS PRACTICIES IN THE CONDUCT OF REGIONAL AND STATEWIDE DEVELOPMENT PROGRAMS, AND TO DEVELOP EDUCATIONAL PROGRAMS THAT ENHANCE THE PROFESSIONAL DEVELOPMENT SKILLS OF NYSEDC MEMBERS.
Activities or mission (Part I)
THE PURPOSE OF NYSEDC IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF NEW YORK STATE AND ITS COMMUNITIES; TO ENCOURAGE SOUND BUSINESS PRACTICES IN THE CONDUCT OF REGIONAL AND STATEWIDE DEVELOPMENT PROGRAMS; AND TO DEVELOP EDUCATIONAL PROGRAMS THAT ENHANCE THE PROFESSIONAL DEVELOPMENT SKILLS OF NYSEDC MEMBERS.
-
MEETINGS AND EDUCATIONAL EVENTS WERE HELD TO PROVIDE BUSINESSES WITHIN NEW YORK STATE INFORMATION AND ASSISTANCE ON HOW TO COMPETE EFFECTIVELY IN THE MARKETPLACE.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Marnie LavigneDR MARNIE LAVIGNE
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Jamie JohnsonJAMIE JOHNSON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick J KellyPATRICK J KELLY
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas KucharskiTHOMAS KUCHARSKI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kipp HicksKIPP HICKS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Arthur HamlinARTHUR HAMLIN
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frederick C BraunFREDERICK C BRAUN
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David BottarDAVID BOTTAR
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony CatapanoANTHONY CATAPANO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Robert L PasinellaROBERT L PASINELLA
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt HurlbuttMATT HURLBUTT
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rochelle PowellROCHELLE POWELL
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald PetersRONALD PETERS
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melinda MackMELINDA MACK
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Steve HydeSTEVE HYDE
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Rodger RamsammyDR RODGER RAMSAMMY
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Heather McDanielHEATHER MCDANIEL
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Brittany DavisBRITTANY DAVIS
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elena GarucELENA GARUC
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah LeeSARAH LEE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Victoria DuleyVICTORIA DULEY
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Emily MarcusEMILY MARCUS
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Stacey DuncanSTACEY DUNCAN
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Steve GriffinSTEVE GRIFFIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Katie NewcombeKATIE NEWCOMBE
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Bridget GibbonsBRIDGET GIBBONS
AREA DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zoe NelsonZOE NELSON
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah ReginelliSARAH REGINELLI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Maribel Cruz BrownMARIBEL CRUZ BROWN
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
John CappellinoJOHN CAPPELLINO
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Honora SpillaneHONORA SPILLANE
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Kyle BanksKYLE BANKS
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Bob PetrovichBOB PETROVICH
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Crickett Thomas-O'DellCRICKETT THOMAS-O'DELL
DIRECTOR-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Ryan SilvaRYAN SILVA
EXECUTIVE DIRECTOR
- Total calculated
- $182,265
- From this org
- $172,350
- From related orgs
- $0
- Other
- $9,915
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,350
- Bonus
- $0
- Other
- $0
- Deferred
- $9,915
- Nontaxable benefits
- $0
- Filer's total
- $182,265
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341599349300604
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