Centerstate Development Foundation Inc in Syracuse, New York (NY)
Table of contents:
| Centerstate Development Foundation Inc | |
| Employer Identification Number (EIN) | 161165469 |
| Name of Organization | Centerstate Development Foundation Inc |
| Address | 115 W Fayette St, Syracuse, NY 13202-1305 |
| Activities | Other activity aimed t combating community deterioration |
| Subsection | Charitable Organization |
| Ruling Date | 04/1982 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $4,400,280 |
| Amount of Income | $4,595,700 |
| Form 990 Revenue Amount | $4,595,700 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Urban, Community Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $4,595,700 (it was $4,684,980 in 2012)
| This organization: | $4,595,700 |
| Other organizations performing similar types of work: | $190,298 |
Assets in 2013: $4,400,280 (it was $4,624,129 in 2012)
| Centerstate Development Foundation Inc: | $4,400,280 |
| Other organizations performing similar types of work: | $326,461 |
Expenses in 2012: $2,623,491
| This organization: | $2,623,491 |
| Other organizations performing similar types of work: | $231,022 |
Income to expenses ratio in 2012: 1.8
| This organization: | 1.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 55.9%
| Centerstate Development Foundation Inc: | 55.9% |
| Other organizations performing similar types of work: | 35.7% |
Revenue for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $2,684,980 |
| Contributions, Gifts, Grants and Other Similar Amounts | $1,501,583 |
| Program Service Revenue | $0 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $22,501 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $143,995 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $2,143,995 |
| Less: cost or other basis and sales expenses (Securities / Other) | $0 / $2,000,000 |
| Gain or (loss) (Securities / Other) | $0 / $143,995 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $1,016,901 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $2,623,491 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $2,623,491 |
| Balance Sheet (for 2012) | |
| Total assets | $4,624,129 |
| Total liabilities | $970,457 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $970,457 |
| Total net assets or fund balances | $3,653,672 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total Support | $9,430,601 |
| Gifts, grants, contributions, and membership fees received | $9,259,346 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $171,255 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Transitional Living Services Of Onondaga County Inc in Syracuse, NY |
Helping Hounds Dog Rescue Inc in Syracuse, NY
  |
| Central New York Chapter Military Officers Association Of America in Syracuse, NY |
Syracuse Senior Citizens Project Corp in Syracuse, NY
 |
|
Leir Foundation Inc in New York, NY
|
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
|
Romulus Club Inc in Buffalo, NY
|
| Clarendon Historical Society in Clarendon, NY |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | South Bronx Overall Economic Development Corporation | 555 Bergen Ave, Bronx, NY 10455-1368 | NY | 1973-08 | $8,444,805 |
| 2 | Saratoga Economic Development Corporation | 28 Clinton Ave, Saratoga Springs, NY 12866-2391 | NY | 1980-01 | $831,929 |
| 3 | Washington Heights And Inwood Development Corporation | 57 Wadsworth Ave, New York, NY 10033-7048 | NY | 1979-02 | $633,423 |
| 4 | Watertown Local Development Corporation | 82 Public Sq, Watertown, NY 13601-2622 | NY | 1984-06 | $436,495 |
| 5 | Ujamaa Community Development Corporation | 52 S 6th Ave, Mount Vernon, NY 10550-3005 | NY | 1997-10 | $268,187 |
| 6 | Seaway Trail Incorporated | 109 Barracks Dr, Sackets Hbr, NY 13685-9530 | NY | 1985-06 | $78,045 |
| 7 | The Affordable Housing Conservancy | 2 Eugene L Brown Dr, New Paltz, NY 12561-3946 | NY | 1995-07 | $8,956 |
| 8 | Yonkers Local Assistance Corporation | 470 Nepperhan Ave, Yonkers, NY 10701-6651 | NY | 1995-10 | $645 |
| 9 | Community Bridges Inc | 150 Glenwood Avenue Suite G-5, Yonkers, NY 10703-2650 | NY | 1998-11 | $0 |
| 10 | Dunkirk Local Development Corporation | 342 Central Ave, Dunkirk, NY 14048-2122 | NY | 1997-12 | $0 |
| 11 | East Harlem Community Development | 217 E 116th St, New York, NY 10029-1402 | NY | 1998-11 | $0 |
| 12 | Elmhurst Economic Development Corporation | 8702 Queens Blvd, Elmhurst, NY 11373-4419 | NY | 1983-07 | $0 |
| 13 | Euphoric | 128 Lewis Avenue 110, Brooklyn, NY 11221-2058 | NY | 1997-04 | $0 |
| 14 | Ghanaian Association Of Westchester | PO BOX 972, Yonkers, NY 10703 | NY | 1998-07 | $0 |
| 15 | Historic Troy 2020 Inc | 210 River Street, Troy, NY 12180 | NY | 1989-09 | $0 |
| 16 | Lyell Area Revitalization Committee Inc | 175 Fairgate St, Rochester, NY 14606-1445 | NY | 1992-12 | $0 |
| 17 | Ninth Avenue Local Development Corp | 492 9th Ave, New York, NY 10018-4102 | NY | 1985-10 | $0 |
| 18 | Northern Advanced Technologies Corporation Natco | 5542 Clarkson University, Potsdam, NY 13699-5549 | NY | 1989-03 | $0 |
| 19 | Onondaga Conty Infrastructure Commission Inc, Martineau Daniel | 407 Court House, Syracuse, NY 13208-1605 | NY | 1996-02 | $0 |
| 20 | Seneca 2000 Inc Co Joyce Sinicropi | 15 Cuddeback Street, Seneca Falls, NY 13148 | NY | 1994-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 531 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Centerstate Development Foundation Inc »
Non-representatives - add comments about Centerstate Development Foundation Inc»