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THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC
STATEN ISLAND, NY · EIN 134069282 · Form 990 · FY2024 · NTEE B60 · Education · Medium ($1M-$10M)
revenue
$1.3M
expenses
$981K
net assets
$3.3M
employees
2
volunteers
100
program ratio
72%
mission · from form 990

STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION, INC., HEREINAFTER REFERRED TO AS THE FOUNDATION, HAS BEEN CREATED TO SUPPORT AND ADVANCE SMALL BUSINESS DEVELOPMENT AND BUSINESS TECHNOLOGY DEVELOPMENT OF THE STATEN ISLAND COMMUNITY THROUGH CHARITABLE EDUCATIONAL PROGRAMS AND COMMERCIAL REVITALIZATION PROGRAMS THAT LESSEN THE BURDENS OF GOVERNMENT.

profile · synthesized from sources

The Staten Island Chamber of Commerce Foundation supports small business development and technology advancement in the Staten Island community through educational and commercial revitalization programs. It operates initiatives that connect small businesses, particularly minority- and women-owned enterprises and those in low-to-moderate-income areas, with resources including financing, legal assistance, e-commerce tools, and business counseling. The foundation collaborates with city agencies and regional partners to deliver services directly to business owners.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $188K
    SMALL BUSINESS RESOURCE NETWORK (SBRN) LAUNCHED IN 2020 AS A COLLABORATION BETWEEN THE FIVE BOROUGH CHAMBERS OF COMMERCE, THE PARTNERSHIP FOR NYC, AND NYC ECONOMIC DEVELOPMENT CORPORATION (EDC), THE SBRN IS NOW FUNDED THROUGH NYC EDC AS PART OF THE FIVE BOROUGH CHAMBER ALLIANCE. THE PROGRAM CONNECTS SMALL BUSINESSES WITH RESOURCES SUCH AS FINANCING, MARKETING, TECHNOLOGY AND E-COMMERCE TOOLS, LEGAL ASSISTANCE, AND GENERAL BUSINESS COUNSELING. WITH THE SUPPORT OF NYC COUNCIL FUNDING, THE PROGRAM PRIORITIZES SERVING M/WBES AND LOW-TO-MODERATE-INCOME COMMUNITIES, WITH MULTILINGUAL CAPACITY IN OVER EIGHT LANGUAGES.
  2. #2 $126K
    CHAMBER ON THE GO A MOBILE BUSINESS SUPPORT INITIATIVE THAT BRINGS FREE RESOURCES DIRECTLY TO SMALL BUSINESSES AT THEIR STOREFRONTS, HELPING OWNERS ACCESS SERVICES WITHOUT LEAVING THEIR PLACE OF BUSINESS.
named programs · 3 · from sources

What they call their work

Chamber Assist
Workforce development program that helps businesses connect with interns, create work-based learning opportunities, and screen and place job candidates.
Chamber on the Go
Mobile business support initiative that brings free resources and services directly to small businesses at their storefronts, increasing access for owners who cannot travel to central locations.
Small Business Resource Network (SBRN)
A collaborative program connecting small businesses with resources such as financing, marketing, e-commerce tools, legal assistance, and business counseling, with multilingual support in over eight languages and a focus on M/WBEs and low-to-moderate-income communities.
activities · 2 groups

What they do

  • Small Business Technical Assistance 2 activities
    • Chamber on the Go mobile support
      Operates Chamber on the Go, a mobile business support initiative that brings free resources directly to small businesses at their storefronts, enabling owners to access services without leaving their place of business; specifically informs and educates New York City small business owners on how to access free services on-site.
    • Small Business Resource Network (SBRN)
      Operates the Small Business Resource Network with 22 business recovery specialists across the five boroughs to connect small businesses with financing, marketing, technology and e-commerce tools, legal assistance, PPE, general business counseling, and safe opening regulations, prioritizing M/WBEs and low-to-moderate-income communities with multilingual support in over eight languages; aims to serve 20,000 businesses annually.
  • Student Career Readiness and Internship Placement 1 activity
    • Chamber Assist workforce development program
      Runs Chamber Assist, a workforce development program that educates businesses on connecting to interns, fosters work-based learning opportunities, and assists with job screening and placements.
financials · form 990 · fy2024
revenue
Total revenue$1.31M
Contributions & grants$916K70%
Program service revenue$00%
Investment income$341K26%
Other revenue$54K
expenses
Total expenses$981K
Program expenses72%
Admin / overhead28%
Fundraising0%
Salaries & benefits$531K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.68M
Cash$469K
Investments$2.25M
Liabilities$340K
Net assets$3.34M
Liquid reserves33.2 mo
3 years on record · 2020–2024 · YoY revenue +63.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
LINDA BARAN PRESIDENT & 5 $185K
board members · 14
  • CAROL DECINA — DIRECTOR
  • CHRISTOPHER LEE — DIRECTOR
  • ED WISEMAN — DIRECTOR
  • EILEEN CORIGLIANO — DIRECTOR
  • FRANK SCARANGELLO JR — CHAIRPERSON
  • FRANK WILKINSON — DIRECTOR
  • GAIL CASTELLANO — TREASURER
  • JAMES EASLEY — DIRECTOR
  • JOSEPH SCIAME — DIRECTOR
  • JOSEPH TORRES — SECRETARY
  • MARK TRANCHINA — DIRECTOR
  • PHIL GUARNIERI — VICE CHAIR
  • RAM CHERUKURI — DIRECTOR
  • ROSEMARIE SCAMPAS — DIRECTOR
relationships · 4

Who they work with

  • Five Borough Chambers of Commerce Coalition — Member of the Five Borough Chamber Alliance, collaborating on the Small Business Resource Network (SBRN).
  • NYC Economic Development Corporation Partner — Collaborates on the Small Business Resource Network (SBRN) program, funded through NYC EDC as part of the Five Borough Chamber Alliance.
  • Peterson Foundation Funder — Provided funding for the Small Business Resource Network (SBRN) program.
  • The Partnership for NYC Partner — Collaborative partner in the Small Business Resource Network (SBRN) program.
strategies · 2

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.

  • Collaborative Network Model
    methodology: collaborative_network_model
    By leveraging a collaborative network across the five boroughs, the organization increases access to multilingual business support services for underserved communities, because coordinated regional partnerships enable broader reach and culturally responsive delivery.
  • Mobile Service Delivery
    methodology: mobile_service_delivery
    By bringing business support services directly to small business owners at their storefronts via mobile units, the organization reduces access barriers and increases participation, because proximity and on-site engagement lower logistical and time-related obstacles for busy entrepreneurs.