Centerstate Ceo Foundation Inc

Organization Overview

Centerstate Ceo Foundation Inc is located in Syracuse, NY. The organization was established in 1980. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centerstate Ceo Foundation Inc 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, Centerstate Ceo Foundation Inc generated $245.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $304.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE CENTRAL NEW YORK AS A FAVORABLE BUSINESS ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GERMINATOR (FORMERLY KNOWN AS START-UP LABS) IS OPEN TO ALL START-UP AND SMALL BUSINESSES WITHIN THE 12- COUNTY CENTRAL UPSTATE NEW YORK REGION WITH LESS THAN $5 MILLION IN ANNUAL REVENUE.


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Board, Officers & Key Employees

Name (title)Compensation
Evelyn Ingram
Chair
$0
Robert Simpson
President
$0
Amy Lawler
SVP Of Finance
$0
Nate Andrews
Director
$0
Kimberly Boynton
Director
$0
Vicki Brackens
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$245,775
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$245,775
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $245,775

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Centerstate Ceo Foundation Inc has recieved totaling $1,265,442.

Awarding OrganizationAmount
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$750,000
Richard S Shineman Foundation

Oswego, NY

PURPOSE: GENERAL OPERATING

$100,000
Allyn Foundation Inc

Skaneateles, NY

PURPOSE: OPERATIONAL COSTS ASSOCIATED WITH DEVELOPING PLANS, STRATEGIES AND RESOURCE DEVELOPMENT FOR THE COMMUNITY PROSPERITY PORTFOLIO

$85,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$75,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$75,000
The Dorothy And Marshall M Reisman Foundation

Dewitt, NY

PURPOSE: WORK TRAIN PROGRAMS, STUDENT SUPPORT PROGRAMS, SYR BUILD VEHICLES TO WORK

$51,392
View Grant Recipient Profile

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