Greater Syracuse Chamber Of Commerce Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161126182 ✦ Syracuse, NY ✦ Designated as a 501(c)(4)

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Overview

What is Greater Syracuse Chamber Of Commerce Economic Development Corporation?

The Greater Syracuse Chamber of Commerce Economic Development Corporation, based in Syracuse, New York, is a nonprofit organization dedicated to fostering the growth of emerging businesses and promoting technology commercialization. Since its establishment in 2005, the organization, specifically through The Tech Garden, has assisted over 550 entrepreneurs. The Tech Garden's state-of-the-art incubator currently houses 30 early-stage ventures, drawing investment capital and top talent from various international locations. These ventures have collectively employed over 150 individuals with a payroll exceeding $5 million. The primary mission of this nonprofit is to contribute to civic betterment and stimulate industrial development by attracting businesses to the Central New York area.


Official website here: www.centerstateceo.com

Is Greater Syracuse Chamber Of Commerce Economic Development Corporation legitimate?

Greater Syracuse Chamber Of Commerce Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Syracuse Chamber Of Commerce Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centerstateceo.com

What is the mission statement of Greater Syracuse Chamber Of Commerce Economic Development Corporation?

The Greater Syracuse Chamber of Commerce Economic Development Corporation's mission is aimed at fostering civic improvement and encouraging industrial growth. They achieve this by attracting businesses to locate in the central New York area. The Economic Development Coalition (EDC) was established with the same purpose, aiming to enhance civic betterment and stimulate industrial development by attracting businesses to the central New York region. Additionally, the organization supports the development of emerging growth companies through the Tech Garden, a state-of-the-art incubator that has assisted over 550 entrepreneurs since its inception in 2005. The Tech Garden now houses 30 early-stage ventures, drawing investment capital and top talent from various international locations. These ventures, which are now part of the Tech Garden incubation program, currently employ over 150 people with a payroll exceeding $5 million.


Official website here: www.centerstateceo.com

Who is the CEO of Greater Syracuse Chamber Of Commerce Economic Development Corporation?

Robert Simpson is the Director of Greater Syracuse Chamber Of Commerce Economic Development Corporation.


Official website here: www.centerstateceo.com

What is the revenue of Greater Syracuse Chamber Of Commerce Economic Development Corporation?

Greater Syracuse Chamber Of Commerce Economic Development Corporation's revenue in 2022 was $0.


Official website here: www.centerstateceo.com

Who are the executives of Greater Syracuse Chamber Of Commerce Economic Development Corporation and what are their salaries?


Here are 18 key members and their salaries:


Evelyn Carter Ingram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Littlejohn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Simpson (President)
  • Compensation: $0
  • Related: $340,735
  • Other: $68,282
Vicki Brackens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nutting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schneckenburger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret O'Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Crossett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Huhtala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Penix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewan Mantosh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Kronenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Hilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dowd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Lawler (Svp Of Finance)
  • Compensation: $0
  • Related: $87,344
  • Other: $11,761
Lori A Dietz (Svp Of Administration & Human Capital)
  • Compensation: $0
  • Related: $116,502
  • Other: $16,093


Official website here: www.centerstateceo.com

Where can I find the form 990 for Greater Syracuse Chamber Of Commerce Economic Development Corporation?

Greater Syracuse Chamber Of Commerce Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerstateceo.com

Learn more at the official website: www.centerstateceo.com

Mission Statement of Greater Syracuse Chamber Of Commerce Economic Development Corporation

The Greater Syracuse Chamber of Commerce Economic Development Corporation, abbreviated as EDC, was established with a mission to foster civic improvement and stimulate industrial growth. This mission is accomplished by encouraging businesses to establish themselves in the central New York area. The organization's primary goal is to contribute positively to the local economy and improve the overall business climate, thereby promoting a better quality of life for the community.

To achieve its mission, the EDC has launched various initiatives, one of which is The Tech Garden. This program is dedicated to nurturing the development of emerging growth companies and supporting technology commercialization. Since its inception in 2005, The Tech Garden has assisted over 550 entrepreneurs. The result of these efforts is an incubator that currently houses 30 early-stage ventures, attracting investment capital and top talent from across New York State and beyond. These companies have collectively employed over 150 people, generating a payroll of more than $5 million. The EDC's initiatives and support have significantly contributed to the local economy, demonstrating its commitment to its mission of promoting industrial development and civic betterment.

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Impact




October, 2024

The Greater Syracuse Chamber of Commerce Economic Development Corporation significantly impacts the economic landscape of Central New York by fostering industrial development and encouraging businesses to establish operations in the region. Through initiatives like The Tech Garden, it supports the growth of emerging technology companies, driving innovation and investment.

Since its launch in 2005, The Tech Garden has aided over 550 entrepreneurs, providing a robust incubator space that now houses 30 early-stage ventures. These companies have attracted substantial investment capital and talent from various regions, including international investors from countries such as Ireland, Israel, Switzerland, Turkey, Brazil, and the United Kingdom. The positive outcomes of these efforts are evident, with incubated companies currently employing more than 150 individuals and generating a payroll exceeding $5 million.

Overall, the Greater Syracuse Chamber of Commerce Economic Development Corporation plays a crucial role in enhancing the regional economy, promoting community improvement, and positioning Central New York as a competitive hub for industrial and technological growth.




This information is meant to be a general summary of Greater Syracuse Chamber Of Commerce Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$68,749 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $2,020,620
    • Total Liabilities: $216,798
    • Net Assets: $1,803,822

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    Organization Details

    Founding Year

    1979

    Principal Officer

    Robert Simpson

    Main Address

    115 WEST FAYETTE STREET, SYRACUSE, NY, 13202

    NTEE Category

    Code: S30 - Community improvement

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