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

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,253,587

Government Grants
51%
Membership Dues
20%
Program Services
19%
Other
6%
Contributions
3%
Investments
<1%
Fundraising Events
0%
Expenses in 2024

$2,158,693

Salaries & Benefits
61%
Other
32%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$54,000
$58,289
+8%
Government Grants
$1,219,673
$1,160,492
-5%
Fundraising Events
$0
$0
-
Program Services
$489,785
$428,640
-12%
Membership Dues
$469,109
$456,519
-3%
Investments
$8,326
$18,855
+126%
Other
$145,104
$130,792
-10%
Total Revenues
$2,385,997
$2,253,587
-6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,366,704
$1,321,110
-3%
Fees to Service Providers
$238,971
$48,801
-80%
Advertising & Promotion
$23,746
$14,992
-37%
Offices, Occupancy & IT
$25,339
$40,327
+59%
Interest
$0
$0
-
Depreciation
$37,205
$39,523
+6%
Other
$636,028
$693,940
+9%
Total Expenses
$2,327,993
$2,158,693
-7%
Net income
2023
2024
Change
Net income
+$58,004
+$94,894
+64%
Functional Expenses
Summary
2023
2024
Change
Program
$1,833,944
$1,729,309
-6%
Admin
$245,550
$215,694
-12%
Fundraising
$248,499
$213,690
-14%
Total Expenses
$2,327,993
$2,158,693
-7%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)