Form 990 for tax year 2022
Filed by CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY.
Totals
- Total revenue
- $13,051,588
- Total expenses
- $13,493,805
- Contributions and grants received
- $10,214,475
- Grants paid
- $0
- Program service revenue
- $2,015,753
- Investment income
- $107,606
- Other revenue
- $713,754
- Total assets, end of year
- $20,340,326
- Total liabilities, end of year
- $13,064,774
- Net assets or fund balances, end of year
- $7,275,552
- 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.
-
1a · Federated campaigns
$422,380
-
1e · Government grants (contributions)
$8,236,172
-
1f · All other contributions, gifts and grants
$1,555,923
-
2a · Program service revenue: EARNED DUES-MEMBERSHIP
total $2,015,753 · related or exempt $2,015,753
-
3 · Investment income
total $136,052 · excluded $136,052
-
6a · Gross rents
real property $182,830
-
6b · Less rental expenses
real property $279,449
-
6c · Rental income or loss
real property -$96,619
-
6d · Net rental income or loss
total -$96,619 · related or exempt -$96,619
-
7a · Gross sales of assets other than inventory
securities $180,306
-
7b · Less cost or other basis and sales expenses
securities $208,752
-
7c · Gain or loss
securities -$28,446
-
7d · Net gain or loss
total -$28,446 · excluded -$28,446
-
11a · Other revenue: PROMOTIONAL REVENUE
total $343,389 · related or exempt $323,919 · unrelated business $19,470
-
11b · Other revenue: SERVICE FEES
total $241,972 · related or exempt $241,972
-
11c · Other revenue: MISCELLANEOUS REVENUE
total $225,012 · related or exempt $225,012
-
11e · Other revenue, total
$810,373
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $503,334
-
7 · Other salaries and wages
total $3,416,726
-
8 · Pension plan contributions
total $171,534
-
9 · Other employee benefits
total $495,002
-
10 · Payroll taxes
total $383,980
-
11b · Fees: legal
total $65,009
-
11c · Fees: accounting
total $65,110
-
11f · Fees: investment management
total $29,798
-
11g · Fees: other
total $98,310
-
12 · Advertising and promotion
total $61,100
-
13 · Office expenses
total $164,513
-
14 · Information technology
total $76,366
-
16 · Occupancy
total $71,138
-
17 · Travel
total $67,808
-
19 · Conferences, conventions and meetings
total $82,769
-
22 · Depreciation, depletion and amortization
total $201,720
-
23 · Insurance
total $53,250
-
24a · Other expenses: PROGRAM EXPENSES
total $6,718,236
-
24b · Other expenses: SERVICE CONTRACTS
total $493,356
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $78,710
-
24d · Other expenses: BAD DEBT EXPENSE
total $38,564
-
24e · All other expenses
total $157,472
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,996,764 · end of year $5,688,734
-
2 · Savings and temporary cash investments
beginning of year $1,493 · end of year $2,083
-
3 · Pledges and grants receivable
beginning of year $2,583,542 · end of year $3,027,200
-
4 · Accounts receivable
beginning of year $415,993 · end of year $472,050
-
9 · Prepaid expenses and deferred charges
beginning of year $127,016 · end of year $181,589
-
10a · Land, buildings and equipment: cost or other basis
$1,862,977
-
10b · Land, buildings and equipment: accumulated depreciation
$1,124,752
-
10c · Land, buildings and equipment, net
beginning of year $783,908 · end of year $738,225
-
12 · Investments: other securities
beginning of year $7,261,039 · end of year $7,532,770
-
14 · Intangible assets
beginning of year $24,000 · end of year $24,000
-
15 · Other assets
beginning of year $1,667,568 · end of year $2,673,675
-
17 · Accounts payable and accrued expenses
beginning of year $538,696 · end of year $423,720
-
19 · Deferred revenue
beginning of year $2,274,691 · end of year $6,377,588
-
25 · Other liabilities
beginning of year $3,880,635 · end of year $6,263,466
-
27 · Net assets without donor restrictions
beginning of year $8,167,301 · end of year $7,275,552
Mission and programs · 2022
Mission
BASED IN SYRACUSE, THE CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY IS A TWELVE-COUNTY BUSINESS LEADERSHIP AND ECONOMIC DEVELOPMENT ORGANIZATION. A PRIVATE, NOT-FOR-PROFIT ORGANIZATION, CENTERSTATE CEO REPRESENTS 2,000 MEMBERS AND SERVES AS THE REGION'S PRIMARY ECONOMIC, COMMUNITY AND BUSINESS DEVELOPMENT CATALYST. CENTERSTATE CEO WORKS TO ACHIEVE REGIONAL GROWTH AND TOTAL COMMUNITY PROSPERITY THROUGH PARTNERSHIPS, PLANNING AND PROBLEM SOLVING.
-
BASED IN SYRACUSE, THE CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY IS A TWELVE-COUNTY BUSINESS LEADERSHIP AND ECONOMIC DEVELOPMENT ORGANIZATION. A PRIVATE, NOT-FOR-PROFIT ORGANIZATION, CENTERSTATE CEO REPRESENTS 2,000 MEMBERS AND SERVES AS THE REGION'S PRIMARY ECONOMIC, COMMUNITY AND BUSINESS DEVELOPMENT CATALYST. CENTERSTATE CEO WORKS TO ACHIEVE REGIONAL GROWTH AND TOTAL COMMUNITY PROSPERITY THROUGH PARTNERSHIPS, PLANNING AND PROBLEM SOLVING.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
NATHAN ANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMINY AUDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CARL AUSTIN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TONY BAIRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN BERNSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LAURENCE BOUSQUET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VICKI BRACKENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL BRUNNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SOMAK CHATTOPADHYAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GAIL COWLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE CROCKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN CROSSETT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
NICHOLAS DERESZYNSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETER DUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL FALCONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN FOURNIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JONATHAN GIBRALTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN HUHTALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EVELYN INGRAM
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CATHERINE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIM KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LINDA LEMURA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MELANIE LITTLEJOHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
J KEMPER MATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANNE MESSENGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALLEN NAPLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL NASH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID NUTTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARGARET O'CONNELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
TIM PENIX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOUGLAS PINCKNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES REED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
M KATE ROLF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID SCHNECKENBURGER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH SCUDERI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN SHARKEY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERIK SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEREMY THURSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PIPER TITUS KLINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLY TOWNSEND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN WAKEFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROB SIMPSON
PRESIDENT
- Total calculated
- $404,229
- From this org
- $335,947
- From related orgs
- $0
- Other
- $68,282
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $335,467
- Bonus
- $0
- Other
- $480
- Deferred
- $33,590
- Nontaxable benefits
- $34,692
- Filer's total
- $404,229
-
STEPHEN CASE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LUKE ESPOSITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDY BREUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETER CARMEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MANTOSH DEWAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
J MICHAEL HAYNIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NANCY EATON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID CAPRIOTTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CURRIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANTHONY FIORITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES GREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN HAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DARLENE KERR
BOARD MEMBER EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
SHANNON REEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARIJEAN REMINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANNE RUFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK SOUTHWICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAY SUBEDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ASHLEY WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALISA SALIBRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TODD KLABEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN T CAMP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOANNE RAUCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH PACHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SETH KRONENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTOPHER DIDIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAROLYN STURICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SARAH TACKABURRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELI SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL DORSEY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JO ANNE GAGLIANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GWEN WEBBER-MCLEOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HANNAH HENLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS WU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHANDRA J MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL HAUSLADEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEVE GORCZYNSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVE KAVNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTEN NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WARREN HILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL BACKUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAVNEET SINGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES DOWD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NEIL WEBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DARIN PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOANIE MAHONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARY TOALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MEREDITH PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CONNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN BISACCIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHEENA SOLOMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BERTRAM L LAWSON II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMY LAWLER
SVP
- Total calculated
- $99,105
- From this org
- $87,344
- From related orgs
- $0
- Other
- $11,761
- Hours/week
- 1 + 40 related
-
LORI DIETZ
SVP
- Total calculated
- $132,595
- From this org
- $0
- From related orgs
- $116,502
- Other
- $16,093
- Hours/week
- 1 + 40 related
-
ANDREW FISH
SVP
- Total calculated
- $142,842
- From this org
- $126,725
- From related orgs
- $0
- Other
- $16,117
- Hours/week
- 1 + 40 related
-
DAVID MANKIEWICZ
SVP
- Total calculated
- $117,343
- From this org
- $110,652
- From related orgs
- $0
- Other
- $6,691
- Hours/week
- 1 + 40 related
-
DOMINIC ROBINSON
SVP
- Total calculated
- $128,748
- From this org
- $113,534
- From related orgs
- $0
- Other
- $15,214
- Hours/week
- 1 + 40 related
-
BENJAMIN SIO
SVP
- Total calculated
- $146,087
- From this org
- $121,405
- From related orgs
- $0
- Other
- $24,682
- Hours/week
- 1 + 40 related
-
NORA SPILLANE
SVP
- Total calculated
- $143,115
- From this org
- $125,993
- From related orgs
- $0
- Other
- $17,122
- Hours/week
- 1 + 40 related
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
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THE COMPENSATION COMMITTEE.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
GREATER SYRACUSE CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT CO
501(C)(4) · TO BRING ABOUT CIVIC BETTERMENT AND ENCOURAGE INDUSTRIAL DEVELOPMENT · NY
Directly controlled by GREATER SYRACUSE CHAMBER OF
-
METROPOLITAN DEVELOPMENT ASSOCIATION OF SYRACUSE AND CNY INC
501(C)(4) · ECONOMIC DEVELOPMENT IN 13 COUNTIES OF UPSTATE NEW YORK · NY
Directly controlled by CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY
-
GREATER SYRACUSE CHAMBER OF COMMERCE INC
501(C)(6) · ADVANCE THE CIVIC ECONOMIC AND SOCIAL INTERESTS OF THE GREATER SYRACUSE AREA · NY
Directly controlled by CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY
-
CENTERSTATE CEO FOUNDATION INC
501(C)(3) · TO ADMINISTER FUNDING THROUGH GRANTS AND DONATIONS · NY
Directly controlled by GREATER SYRACUSE CHAMBER OF COMMERCE
-
CENTERSTATE DEVELOPMENT FOUNDATION
501(C)(3) · COMBAT DETERIORATION OF THE DITY OF SYRACUSE, NY · NY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
GREATER OSWEGO-FULTON CHAMBER OF COMMERCE
ADVANCE BUSINESS AND COMMUNITY INTERESTS OF THE OSWEGO-FULTON REGION · NY
Directly controlled by CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
GREATER SYRACUSE SERVICES CORP DBA DENEFIT SPECIALISTS OF NY
C · TO ADMISISTER GROUP EMPLOYEE BENEFIT PLANS ON BEHALF OF CHAMBER OF COMMERCE · NY
Directly controlled by GREATER SYRACUSE CHAMBER OF COMMERCE
-
C · INVESTMENT HOLDING COMPANY · NY · 82% owned · share of assets $2,880,500
Directly controlled by CENTERSTATE CORP FOR ECONOMIC OPPURTUNITY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341919349301264
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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