Onondaga Civic Development Corporation
- Assets
- $1.5m
- Revenue
- $493.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 80-0458240
Organization Overview
Onondaga Civic Development Corporation is located in Syracuse, NY. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onondaga Civic Development Corporation 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 12/2022, Onondaga Civic Development Corporation generated $493.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $501.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Onondaga Civic Development Corporation has awarded 44 individual grants totaling $1,609,578. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ONONDAGA CIVIC DEVELOPMENT CORPORATION SUPPORTS THE COUNTY OF ONONDAGA GOVERNMENT, BUSINESSES, AND NOT FOR PROFIT CORPORATIONS. IT ALSO SERVES AS A FACILITATOR OF SOLUTIONS FOR GOVERNMENTAL PROBLEMS THROUGH ITS FLEXIBLE AND EFFICIENT STATUTORY POWERS. OCDC USES AVAILABLE FINANCIAL AND POLICY INCENTIVES TO STIMULATE ECONOMIC GROWTH, LESSEN THE BURDENS OF GOVERNMENT, PROMOTE JOB CREATION AND RETENTION, GENERATE PROSPERITY, IMPROVE THE QUALITY OF LIFE OF RESIDENTS, AND ENCOURAGE ECONOMIC VIBRANCY. OCDC STRIVES TO PROVIDE LOCAL, CONVENIENT, AND ECOMONICAL FINANCING OPPORTUNITIES FOR ITS CONSTITUENTS IN ONONDAGA COUNTY. OCDC TAKES PRIDE IN ITS UNDERSTANDING OF LOCAL ECONOMIC DEVELOPMENT OPPORTUNITIES, FLEXIBILITY TO MEET MUNICIPAL NEEDS, AND FAST RESPONSE TO EVER CHANGING ECOMONIC DEVELOPMENT DEMANDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES THROUGHOUT ONONDAGA COUNTY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Miller Director | Trustee | 1 | $0 |
Michael Laflair Chairperson | Trustee | 1 | $0 |
Kimberly Townsend Director | Trustee | 1 | $0 |
Mitchell Latimer Director | Trustee | 1 | $0 |
Kevin Kuehner Director | Trustee | 1 | $0 |
Virginia Biesiada O'neill Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,481 |
| Investment income | $311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $410,734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $493,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $306,854 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,355 |
| Fees for services: Accounting | $5,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $0 |
| Office expenses | $7,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,912 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,915 |
| Insurance | $1,857 |
| All other expenses | $0 |
| Total functional expenses | $501,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,142,375 |
| Savings and temporary cash investments | $317,755 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,478,890 |
| Accounts payable and accrued expenses | $462 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $97,525 |
| Total liabilities | $97,987 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $910,585 |
| Paid-in or capital surplus, or land, building, or equipment fund | $9,060 |
| Retained earnings, endowment, accumulated income, or other funds | $461,258 |
| Total liabilities and net assets/fund balances | $1,478,890 |
Grants Awarded
Over the last fiscal year, Onondaga Civic Development Corporation has awarded $301,854 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SYRACUSE-ONONDAGA PLANNING AGENCY (COUNTY OF ONONDAGA NY) PURPOSE: TO PROVIDE FUNDING TO THE SERVICE PROVIDER TO UPGRADE AND MODERNIZE THE SYRACUSE-ONONDAGA COUNTY GIS ON THE WEB APPLICATION USED BY OVER 60,000 VISTORS ANNUALLY CONSISTING OF MUNICIPAL STAFF, BUSINESSES, REALTORS, ENGINEERS, DEVELOPERS AND STUDENTS WITHIN ONONDAGA COUNTY, NY, AND THE GENERAL PUBLIC WORLDWIDE. | $5,500 |
RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NY SUNY ESF PURPOSE: TO SUPPORT A RESEARCH PROJECT ENTITED "SPEARHEADING NEW ECONOMIC DEVELOPMENT WHILE PROTECTING TOURISM AND ACCESS TO POTABLE WATER: SATELLITTE-BASED HARMFUL ALGAL BLOOM DETECTION IN ONONDAGA COUNTY". | $46,354 |
ACADEMY AT SYRACUSE STUDIOS INC PURPOSE: TO FACILITATE FUTURE PROJECTS AT THE FACILITY SITE, CERTAIN PHYSICAL IMPROVEMENTS AND UPGRADES TO THE FACILITY BUILDING NECESSARY FOR COMPLIANCE WITH VARIOUS ASPECTS OF THE VILLAGE OF LIVERPOOL CODE. ADDITIONAL IMPROVEMENTS NEEDED INCLUDE, BUT ARE NOT LIMITED TO, IMPROVEMENTS TO THE SPRINKLER SYSTEM AND THE CONSTRUCTION OF AN ADVANCED SOUND STAGE IN THE FACILITY. THE ACADEMY IS WILLING, WITH SUCH IMPROVEMENTS, TO CONTINUE TO HOST STUDENTS AND ECONOMIC PROJECTS FOR AT LEAST TWO NEW FULL LENGTH FEATURE FILMS OR MULTI EPISODE TELEVISION SHOWS TO BE COMPLETED IN CALENDAR YEARS 2021 AND 2022. | $250,000 |