CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY

EIN: 272620882 Community Improvement

SYRACUSE, NY

Total Revenue
$30,252,872
Total Expenses
$14,485,264
Total Assets
$41,590,473
Net Assets
$27,666,286
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
ROBERT SIMPSON
Phone
3154701800
Tax Period
2024-01-01 to 2024-12-31

CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY, founded in 2010, is a mid-sized nonprofit in the Community Improvement sector that reported $30.3M in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.8M, a strong 52% operating margin.

Mission

BASED IN SYRACUSE, THE CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY IS A TWELVE-COUNTY BUSINESS LEADERSHIP AND ECONOMIC DEVELOPMENT ORGANIZATION. A PRIVATE, NOT-FOR-PROFIT ORGANIZATION, CENTERSTATE CEO REPRESENTS 2,000 MEMBERS AND SERVES AS THE REGION'S PRIMARY ECONOMIC, COMMUNITY AND BUSINESS DEVELOPMENT CATALYST. CENTERSTATE CEO WORKS TO ACHIEVE REGIONAL GROWTH AND TOTAL COMMUNITY PROSPERITY THROUGH PARTNERSHIPS, PLANNING AND PROBLEM SOLVING.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,817,204
Program Service Revenue $2,637,376
Investment Income $-34,030
Other Revenue $832,322
TOTAL REVENUE $30,252,872

Expense Breakdown

Grants Paid $814,800
Salaries & Benefits $5,232,845
Fundraising Expenses $0
Other Expenses $8,437,619
TOTAL EXPENSES $14,485,264

Year-over-Year Comparison

2024 2023 Change
Revenue $30,252,872 $16,514,261 +0.8%
Expenses $14,485,264 $14,854,651 0.0%
Net Income $15,767,608 $1,659,610 +8.5%
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

Sign In

Governance

Voting Members
95
Independent Members
94
Employees
63
Volunteers
94

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
15
$1,763,134
Total Directors
95
$434,054
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
AMINY AUDI DIRECTOR 1.00
Director
$0 $0 $0
CARL AUSTIN JR DIRECTOR 1.00
Director
$0 $0 $0
TONY BAIRD DIRECTOR 1.00
Director
$0 $0 $0
LAURENCE BOUSQUET DIRECTOR 1.00
Director
$0 $0 $0
VICKI BRACKENS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BRUNNER DIRECTOR 1.00
Director
$0 $0 $0
SOMAK CHATTOPADHYAY DIRECTOR 1.00
Director
$0 $0 $0
JOHN CLARK DIRECTOR 1.00
Director
$0 $0 $0
GAIL COWLEY DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE CROCKETT DIRECTOR 1.00
Director
$0 $0 $0
SUSAN CROSSETT TREASURER 1.00
Officer Director
$0 $0 $0
NICHOLAS DERESZYNSKI DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL FALCONE DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN FOURNIER DIRECTOR 1.00
Director
$0 $0 $0
JOHN HUHTALA DIRECTOR 1.00
Director
$0 $0 $0
EVELYN INGRAM VICE CHAIR 1.00
Officer Director
$0 $0 $0
CATHERINE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
TIM KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
LINDA LEMURA DIRECTOR 1.00
Director
$0 $0 $0
MELANIE LITTLEJOHN DIRECTOR 1.00
Director
$0 $0 $0
J KEMPER MATT DIRECTOR 1.00
Director
$0 $0 $0
JAMES MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
ANNE MESSENGER DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY MURPHY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL NASH DIRECTOR 1.00
Director
$0 $0 $0
MARGARET O'CONNELL SECRETARY 1.00
Officer Director
$0 $0 $0
TIM PENIX DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS PINCKNEY DIRECTOR 1.00
Director
$0 $0 $0
JAMES REED DIRECTOR 1.00
Director
$0 $0 $0
M KATE ROLF DIRECTOR 1.00
Director
$0 $0 $0
DAVID SCHNECKENBURGER CHAIR 1.00
Officer Director
$0 $0 $0
JOHN SHARKEY III DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM SIMMONS DIRECTOR 1.00
Director
$0 $0 $0
ERIK SMITH DIRECTOR 1.00
Director
$0 $0 $0
JEREMY THURSTON DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY TOWNSEND DIRECTOR 1.00
Director
$0 $0 $0
ROB SIMPSON PRESIDENT 40.00
Officer Director
$216,056 $127,938 $434,054
LUKE ESPOSITO DIRECTOR 1.00
Director
$0 $0 $0
PETER CARMEN DIRECTOR 1.00
Director
$0 $0 $0
MANTOSH DEWAN DIRECTOR 1.00
Director
$0 $0 $0
J MICHAEL HAYNIE DIRECTOR 1.00
Director
$0 $0 $0
NANCY EATON DIRECTOR 1.00
Director
$0 $0 $0
DAVID CAPRIOTTI DIRECTOR 1.00
Director
$0 $0 $0
JOHN CURRIER DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY FIORITO EX OFFICIO 1.00
Director
$0 $0 $0
CHARLES GREEN DIRECTOR 1.00
Director
$0 $0 $0
KEVIN HAIR DIRECTOR 1.00
Director
$0 $0 $0
SHANNON REEDY DIRECTOR 1.00
Director
$0 $0 $0
MARK SOUTHWICK DIRECTOR 1.00
Director
$0 $0 $0
JAY SUBEDI DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY WHITE DIRECTOR 1.00
Director
$0 $0 $0
ALISA SALIBRA DIRECTOR 1.00
Director
$0 $0 $0
TODD KLABEN DIRECTOR 1.00
Director
$0 $0 $0
JOHN T CAMP DIRECTOR 1.00
Director
$0 $0 $0
JOANNE RAUCH DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER DIDIO DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN STURICK DIRECTOR 1.00
Director
$0 $0 $0
JO ANNE GAGLIANO DIRECTOR 1.00
Director
$0 $0 $0
GWEN WEBBER-MCLEOD DIRECTOR 1.00
Director
$0 $0 $0
HANNAH HENLEY DIRECTOR 1.00
Director
$0 $0 $0
THOMAS WU DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HAUSLADEN DIRECTOR 1.00
Director
$0 $0 $0
STEVE GORCZYNSKI DIRECTOR 1.00
Director
$0 $0 $0
DAVE KAVNEY DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN NELSON DIRECTOR 1.00
Director
$0 $0 $0
WARREN HILTON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BACKUS DIRECTOR 1.00
Director
$0 $0 $0
SAVNEET SINGH DIRECTOR 1.00
Director
$0 $0 $0
JAMES DOWD DIRECTOR 1.00
Director
$0 $0 $0
DARIN PRICE DIRECTOR 1.00
Director
$0 $0 $0
JOANIE MAHONEY DIRECTOR 1.00
Director
$0 $0 $0
MEREDITH PRICE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN BISACCIO DIRECTOR 1.00
Director
$0 $0 $0
SHEENA SOLOMON EX OFFICIO 1.00
Director
$0 $0 $0
GLENDOWLYN THAMES DIRECTOR 1.00
Director
$0 $0 $0
RONALD BELLE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIAN RODERICK DIRECTOR 1.00
Director
$0 $0 $0
BRIAN BUTLER DIRECTOR 1.00
Director
$0 $0 $0
DIMITAR KARAIVANOV DIRECTOR 1.00
Director
$0 $0 $0
TRICIA PETER-CLARK DIRECTOR 1.00
Director
$0 $0 $0
RICH BARLETTE DIRECTOR 1.00
Director
$0 $0 $0
SETH KRONENBERG MD DIRECTOR 1.00
Director
$0 $0 $0
DARLENE KERR DIRECTOR 1.00
Director
$0 $0 $0
RYAN MCINTYRE DIRECTOR 1.00
Director
$0 $0 $0
BILL PATRICK DIRECTOR 1.00
Director
$0 $0 $0
RICHARD CORDARO DIRECTOR 1.00
Director
$0 $0 $0
RICHARD ENGEL ESQ DIRECTOR 1.00
Director
$0 $0 $0
BO MACHAYO DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO BIANCHETTI DIRECTOR 1.00
Director
$0 $0 $0
PETER O NWOSU PHD DIRECTOR 1.00
Director
$0 $0 $0
OFRONA REID MD DIRECTOR 1.00
Director
$0 $0 $0
PAM MURCHISON DIRECTOR 1.00
Director
$0 $0 $0
CATHIE GRIDLEY DIRECTOR 1.00
Director
$0 $0 $0
MEG TIDD DIRECTOR 1.00
Director
$0 $0 $0
LORI DIETZ SVP 40.00
Officer
$92,376 $5,021 $97,397
ANDREW FISH SVP 35.00
Officer
$120,574 $26,925 $170,465
JUHANNA ROGERS SVP 40.00
Officer
$125,160 $25,386 $150,546
BENJAMIN SIO SVP 40.00
Officer
$113,366 $36,694 $174,618
MARIAN FRANCHER SENIOR DIRECTOR OF FINANCE 40.00
Officer
$104,828 $12,964 $117,792
ANDREA HAHNN SVP 40.00
Officer
$115,540 $21,158 $136,698
KELLY FUMAROLA DIRECTOR 23.00
Officer
$53,432 $4,707 $98,535
HONORA SPILLANE VP OF ECONOMIC DEVELOPMENT 10.00
Officer
$22,879 $19,627 $123,987
DOMINIC ROBINSON SVP 40.00
Officer
$102,144 $13,650 $115,794
ELLE HANNA SVP 40.00
Officer
$119,486 $23,762 $143,248
JOHN LIDDY VP 40.00
Highest
$156,048 $27,725 $183,773
AIMEE DURFEE VP OF WORKFORCE INNOVATION 40.00
Highest
$104,828 $19,765 $124,593
CHRISTA GLAZIER VP OF COMMUNICATIONS 40.00
Highest
$103,793 $16,559 $120,352
SUSAN PHILLIPS DIRECTOR OF HR 40.00
Highest
$100,262 $12,808 $113,070
KEVIN SCHWAB VP PUBLIC POLICY & GOVERNESS 40.00
Highest
$121,548 $17,884 $139,432
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
2024 $30,252,872 $14,485,264 $41,590,473 $15,767,608
2023 $16,514,261 $14,854,651 $33,076,792 $1,659,610
2022 $13,051,588 $13,493,805 $20,340,326 $-442,217
2021 $12,463,193 $10,176,570 $14,861,323 $2,286,623
2020 $12,200,930 $10,626,987 $13,352,402 $1,573,943
2019 $15,684,184 $12,433,462 $11,881,257 $3,250,722
2018 $11,588,221 $11,393,495 $9,677,149 $194,726
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.