FOOD BANK OF CENTRAL NEW YORK

EIN: 222816988 501(c)(3) Food, Agriculture & Nutrition

SYRACUSE, NY

Total Revenue
$49,740,998
Total Expenses
$44,452,932
Total Assets
$29,167,649
Net Assets
$27,365,885
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
SAL CAMPANINO
Phone
3154371899
Tax Period
2023-07-01 to 2024-06-30

FOOD BANK OF CENTRAL NEW YORK, founded in 1987, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $49.7M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $44.5M left a modest 11% surplus.

Mission

FOOD ACQUISITION AND DISTRIBUTION

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,380,966
Program Service Revenue $3,862,824
Investment Income $383,479
Other Revenue $113,729
TOTAL REVENUE $49,740,998

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,896,971
Fundraising Expenses $796,735
Program Expenses $42,691,349
Other Expenses $38,291,050
TOTAL EXPENSES $44,452,932

Year-over-Year Comparison

2023 2022 Change
Revenue $49,740,998 $38,127,916 +0.3%
Expenses $44,452,932 $36,175,007 +0.2%
Net Income $5,288,066 $1,952,909 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
19
Independent Members
19
Employees
71
Volunteers
1016

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
6
$311,410
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAL CAMPANINO PRESIDENT 0.40
Officer Director
$0 $0 $0
IRENE SCRUTON VICE PRESIDENT 0.40
Officer Director
$0 $0 $0
JAIMIE GALANTE TREASURER 0.40
Officer Director
$0 $0 $0
KATHY ALLEN SECRETARY 0.40
Officer Director
$0 $0 $0
ALBERTO BIANCHETTI BOARD MEMBER 0.40
Director
$0 $0 $0
ASYA ATIK BOARD MEMBER 0.40
Director
$0 $0 $0
CHRISTOPHER DEVOE BOARD MEMBER 0.40
Director
$0 $0 $0
ERIN DUFFY BOARD MEMBER 0.40
Director
$0 $0 $0
GINA GERA BOARD MEMBER 0.40
Director
$0 $0 $0
KARIN REEVES BOARD MEMBER 0.40
Director
$0 $0 $0
KRISTEN SMITH BOARD MEMBER 0.40
Director
$0 $0 $0
LOUIS DEMENT BOARD MEMBER 0.40
Director
$0 $0 $0
MARY SNYDER BOARD MEMBER 0.40
Director
$0 $0 $0
MICHAEL MADIGAN BOARD MEMBER 0.40
Director
$0 $0 $0
PATRICK FITZGERALD BOARD MEMBER 0.40
Director
$0 $0 $0
RENEE DUFFY BOARD MEMBER 0.40
Director
$0 $0 $0
REX NILES BOARD MEMBER 0.40
Director
$0 $0 $0
ROBERT LEBEL BOARD MEMBER 0.40
Director
$0 $0 $0
TODD MUSCATELLO BOARD MEMBER 0.40
Director
$0 $0 $0
KAREN BELCHER EXECUTIVE DIRECTOR 40.00
Officer
$143,929 $33,371 $177,300
CHERYL ALGER CHIEF FINANCIAL OFFICER 40.00
Officer
$110,073 $24,037 $134,110
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 $49,740,998 $44,452,932 $29,167,649 $5,288,066
2023 $38,127,916 $36,175,007 $22,989,151 $1,952,909
2022 $35,826,283 $34,850,714 $20,826,838 $975,569
2021 $46,058,280 $39,966,043 $19,948,509 $6,092,237
2020 $38,766,604 $34,300,719 $17,093,144 $4,465,885
2019 $28,903,092 $27,685,061 $11,130,249 $1,218,031
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