DOWNTOWN COMMITTEE OF SYRACUSE INC (EIN 161079352) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

MERIKE TREIER

Phone

3154228284

Tax Period

2023-07-01 to 2024-06-30

DOWNTOWN COMMITTEE OF SYRACUSE INC, founded in 1975, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Expenses of $1.6M left a modest 10% surplus.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF DOWNTOWN SYRACUSE THROUGH THE OPERATION AND MAINTENANCE OF CAPITAL IMPROVEMENT PROJECTS AND ACTIVITIES IN A SPECIAL ASSESSMENT DISTRICT ON A CONTRACT BASIS WITH THE CITY OF SYRACUSE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $239,004

Program Service Revenue $1,469,213

Investment Income $11,334

Other Revenue $102,103

TOTAL REVENUE $1,821,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,126,119

Fundraising Expenses $0

Program Expenses $1,489,841

Other Expenses $521,977

TOTAL EXPENSES $1,648,096

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,821,654	$1,798,092	+0.0%
Expenses	$1,648,096	$1,789,485	-0.1%
Net Income	$173,558	$8,607	+19.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$135,342

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY FIORITO	CHAIR	2.00	Officer Director	$0	$0	$0
RUTHNIE ANGRAND	DIRECTOR	1.00	Director	$0	$0	$0
ALBERTO BIANCHETTI	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE BREUER	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN DONNELLY	DIRECTOR	1.00	Director	$0	$0	$0
JO ANNE CHIARENZA GAGLIANO	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MEG TIDD	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD RILEY	DIRECTOR	1.00	Director	$0	$0	$0
RON G TASCARELLA JR	TREASURER	2.00	Officer Director	$0	$0	$0
MELISSA ZELL	SECRETARY	2.00	Officer Director	$0	$0	$0
SUSAN R KATZOFF	DIRECTOR	1.00	Director	$0	$0	$0
KARYN KORTELING	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE SAMOLIS	DIRECTOR	1.00	Director	$0	$0	$0
MERIKE TREIER	EXECUTIVE DIRECTOR	40.00	Officer	$127,486	$7,856	$135,342

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,821,654	$1,648,096	$1,352,699	$173,558
2023	$1,798,092	$1,789,485	$1,197,436	$8,607
2022	$1,527,939	$1,519,711	$1,105,419	$8,228
2021	$1,420,958	$1,337,727	$1,103,401	$83,231
2020	$1,552,512	$1,493,370	$1,054,203	$59,142
2019	$1,440,836	$1,457,552	$1,198,739	$-16,716
2018	$1,310,123	$1,239,711	$968,844	$70,412

DOWNTOWN COMMITTEE OF SYRACUSE INC