COMMON MAPS
Map version new-york activity top-down
MCP Main site Contact
Menu
↑ parent activity group ·
research dossier

UPSTATE PROPERTIES DEVELOPMENT INC
SYRACUSE, NY · EIN 262980594 · Form 990 · FY2024 · NTEE B11 · Education · Medium ($1M-$10M)
revenue
$4.4M
expenses
$3.2M
net assets
$9.9M
employees
0
volunteers
5
program ratio
93%
mission · from form 990

PURPOSE/ACTIVITY IS TO HOLD PROPERTY TITLE & COLLECT/DISTRIBUTE INCOME THEREFROM TO ITS SOLE MEMBER, UPSTATE MEDICAL UNIVERSITY FOR THE EXEMPT PURPOSE USE.

profile · synthesized from sources

Upstate Properties Development Inc is a New York-based nonprofit that holds property titles and manages real estate assets. It collects and distributes income from these properties exclusively to its sole member, Upstate Medical University, to support its exempt educational and public purposes. The organization does not directly deliver programs or services to the general public.

activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Hold property title and manage income distribution for Upstate Medical University
      Holds title to properties and collects, then distributes, income from those properties to its sole member, Upstate Medical University, to support exempt purposes.
financials · form 990 · fy2024
revenue
Total revenue$4.42M
Contributions & grants$1.05M24%
Program service revenue$3.27M74%
Investment income$101K2%
Other revenue$0
expenses
Total expenses$3.18M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$37.90M
Cash$5.62M
Investments$2.62M
Liabilities$28.00M
Net assets$9.90M
Liquid reserves31.0 mo
6 years on record · 2019–2024 · YoY revenue +12.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
MANTOSH DEWAN DIRECTOR 1 $753K
ERIC J SMITH CHAIR 2 $622K
DAVID ANTHONY TREASURER & SECRETARY 2 $287K
board members · 2
  • MOLLY MULVIHILL — BOARD MEMBER
  • THOMAS TAYLOR — VICE CHAIR
relationships · 1

Who they work with

  • Upstate Medical University Network — Sole member organization receiving distributed income from property holdings
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.