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CENTERSTATE CEO FOUNDATION INC

SYRACUSE, NY · EIN 222305294 · Form 990 · FY2024 · NTEE W11 · Public & Societal Benefit · Small ($100K-$1M)
revenue
$311K
expenses
$427K
net assets
$970K
employees
0
program ratio
100%
mission · from form 990

TO ATTRACT PHILANTHROPIC SUPPORT FOR CENTERSTATE CEO PROGRAMS THAT REMOVE BARRIERS TO ECONOMIC PROSPERITY FOR PEOPLE AND PLACES. THESE PROGRAMS HELP RESIDENTS ACCESS QUALITY JOBS, INCLUSIVE WORKPLACES, AND ENTREPRENEURSHIP OPPORTUNITIES, AS WELL AS BUILD VIBRANT NEIGHBORHOOD BUSINESS CENTERS.

profile · synthesized from sources

CenterState CEO Foundation Inc is a nonprofit organization based in Syracuse, NY, focused on attracting philanthropic support to advance economic prosperity. It funds programs that help residents access quality jobs, inclusive workplaces, and entrepreneurship opportunities, while also supporting the development of neighborhood business centers. The foundation operates as a supporting foundation for CenterState CEO, a regional economic development organization.

named programs · 1 · from sources

What they call their work

Support for CenterState CEO Programs
Funds initiatives that remove barriers to economic prosperity, including workforce access, inclusive hiring, small business development, and neighborhood commercial revitalization
activities · 1 group

What they do

  • Women Entrepreneurs Grant Programs 1 activity
    • Funding workforce and economic development programs
      Funds initiatives that help residents access quality jobs, inclusive workplaces, and entrepreneurship opportunities, and supports the development of vibrant neighborhood business centers.
financials · form 990 · fy2024
revenue
Total revenue$311K
Contributions & grants$299K96%
Program service revenue$00%
Investment income$11K4%
Other revenue$837
expenses
Total expenses$427K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$79K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.55M
Cash$887K
Investments$460K
Liabilities$578K
Net assets$970K
Liquid reserves37.9 mo
5 years on record · 2020–2024 · YoY revenue -58.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
ROBERT SIMPSON PRESIDENT 1 $434K
BEN SIO SVP 1 $175K
MARIAN FRANCHER SENIOR DIRECTOR OF FINANCE 1 $118K
KELLY FURMAROLA EXECUTIVE DIRECTOR 7 $99K
LORI DIETZ SVP OF ADMINISTRATION & HU 1 $97K
board members · 20
  • DAVID NUTTING — DIRECTOR
  • DAVID SCHNECKENBURGER — DIRECTOR
  • DIMITAR KARAIVANOV — DIRECTOR
  • DR SETH KRONENBERG — DIRECTOR
  • ERIC MOWER — DIRECTOR
  • ERIK SMITH — DIRECTOR
  • EVELYN INGRAM — CHAIR
  • GAIL COWLEY — SECRETARY
  • JAMES REED — VICE PRESIDENT
  • JO ANNE GAGLIANO — DIRECTOR
  • JOHANNA ANDERSON — DIRECTOR
  • JOHN HUHTALA — DIRECTOR
  • KIMBERLY TOWNSEND — DIRECTOR
  • MANTOSH DEWAN MD — DIRECTOR
  • MARGARET O'CONNELL — DIRECTOR
  • MELANIE LITTLEJOHN — DIRECTOR
  • MICHAEL NASH — DIRECTOR
  • NATHAN ANDREWS — DIRECTOR
  • SOMAK CHATTOPADHYAY — DIRECTOR
  • STEPHEN FOURNIER — DIRECTOR
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.

  • Philanthropic Support for Systemic Change
    methodology: philanthropic-support-for-economic-prosperity
    By attracting philanthropic capital, we fund programs that dismantle systemic barriers to economic prosperity, because sustained change requires resourcing interventions at scale.