Technology Club Of Syracuse
- Assets
- $1.3m
- Revenue
- $148.0k
- Investments
- $713.6k
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 06/1944
- Data as of
- 12/2021
- EIN
- 16-6046635
Organization Overview
Technology Club Of Syracuse is located in Syracuse, NY. The organization was established in 1944. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Club Of Syracuse is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Technology Club Of Syracuse generated $148.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $34.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTERING INTEREST IN AND KNOWLEDGE OF ENGINEERING AND TECHONOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING INTEREST IN AND KNOWLEDGE OF ENGINEERING AND TECHNOLOGY THROUGH SPONSORSHIP OF OLYMPIADS, SCIENCE FAIRS, HIGH SCHOOL TECH CLUBS AND COMPETITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Morris Director | 1 | $0 | |
Doug Fuess Director | 1 | $0 | |
Howard Hollander Second Vice President | 1 | $0 | |
Susanne Sobon Secretary | 1 | $0 | |
Bruce Nichols Treasurer | 1 | $0 | |
Diane Plumley President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,151 |
| Interest on Savings | $2,941 |
| Dividends & Interest | $38,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $100,000 |
| Total Revenue | $147,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,615 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,430 |
| Total operating and administrative expenses | $12,325 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $34,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,636 |
| Savings and temporary cash investments | $410,248 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $713,615 |
| Net Land, buildings, and equipment | $154,642 |
| Other assets | $0 |
| Total assets | $1,282,141 |
| Accounts payable and accrued expenses | $285 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $285 |
Grants Awarded
Over the last fiscal year, Technology Club Of Syracuse has awarded $22,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Syracuse, NY PURPOSE: PROGRAMMING | $21,000 |
Rome, NY PURPOSE: PROGRAMMING | $1,000 |
DADIRI HAJI PURPOSE: AWARD | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Connection Pittsburgh, PA | $7,094,242 | $7,162,522 |
Ny Creates Albany, NY | $99,965 | $4,450,000 |
Mpc Corporation Pittsburgh, PA | $1,237,035 | $2,979,911 |
Western New York Technology Development Center Inc Buffalo, NY | $1,286,247 | $2,858,472 |
The Asme Foundation Inc New York, NY | $33,818,246 | $3,028,197 |
Cortico Corporation Boston, MA | $3,352,303 | $987,674 |
Mit Real Estate Foundation Inc Cambridge, MA | $3,185,000 | -$155,000 |
Hudson Valley Technology Development Center Inc Newburgh, NY | $824,479 | $1,255,790 |
International Microelectronics And Packaging Society Pittsburgh, PA | $1,413,550 | $1,247,201 |
Engineering Conferences International Inc New York, NY | $3,118,614 | $313,156 |
Institute Of Nuclear Materials Management Mount Laurel, NJ | $1,032,567 | $421,515 |
Technology Council Of Central Pennsylvania Harrisburg, PA | $191,551 | $379,473 |