STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

Staten Island, NY, US
501(c)3
EIN
13-3706442

STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

Staten Island, NY, US
501(c)3
EIN
13-3706442

Overview

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Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Staten Island Economic Development Corporation (EIN: 13-3706442) is a nonprofit organization dedicated to enhancing the quality of life for residents and improving the business environment and employment base in Staten Island, New York. With an operating budget of $2.2 million and total revenue of $2.3 million for the 2024 filing year, the organization engages in planning, promoting, coordinating, and executing various economic development programs. It does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base to support its mission. For more information, visit www.siedc.org.

Mission Statement

THE PURPOSE OF THE ORGANIZATION IS TO PLAN AND PROMOTE AND, IF NECESSARY, COORDINATE AND EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS AND TO IMPROVE THE BUSINESS ENVIRONMENT AND EMPLOYMENT BASE OF STATEN ISLAND.
Revenues

$2.3M

Expenses

$2.2M

Net Income:
+$94.9K
Assets

$2.3M

Liabilities

$474.1K

Net Assets:
+$1.9M
Operating Budget

$2.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$25K
Largest grant received
$50K
M
Michael Cusick
Board Member
M
Michael Altobelli
Board Member
L
Lance Becca
Board Member

Frequently Asked Questions

What is STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION support?
STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION operate?
STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION is headquartered in Staten Island, NY.
Who funded STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION recently?
In 2024, STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION received grants from THE STATEN ISLAND FOUNDATION, THE BLACKBAUD GIVING FUND, and VINCENT GRUPPUSO FOUNDATION INC C/O VG ENTERPRISES. More information on this organization’s funders is available to registered users.
What is the largest grant STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $50 thousand.
What is STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 50% of their total revenue in 2024.
Overview
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