ONONDAGA COMMUNITY COLLEGE HOUSING DEVELOPMENT CORPORATION

EIN: 300176646 501(c)(3) Education

SYRACUSE, NY

Total Revenue
$5,772,673
Total Expenses
$3,828,176
Total Assets
$33,552,424
Net Assets
$11,692,666
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
MARK MANNING
Phone
3154982530
Tax Period
2023-09-01 to 2024-08-31

ONONDAGA COMMUNITY COLLEGE HOUSING DEVELOPMENT CORPORATION, founded in 2003, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 34% operating margin.

Mission

TO CONSTRUCT, OWN AND OPERATE STUDENT HOUSING FACILITIES ON THE CAMPUS OF ONONDAGA COMMUNITY COLLEGE INCLUDING ALL NECESSARY OR APPROPRIATE RELATED ACTIVITIES.

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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 $0
Program Service Revenue $5,153,590
Investment Income $619,083
Other Revenue $0
TOTAL REVENUE $5,772,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,090,259
Other Expenses $3,828,176
TOTAL EXPENSES $3,828,176

Year-over-Year Comparison

2023 2022 Change
Revenue $5,772,673 $4,720,458 +0.2%
Expenses $3,828,176 $3,803,210 +0.0%
Net Income $1,944,497 $917,248 +1.1%
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
13
Independent Members
6
Employees
N/A
Volunteers
13

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
4
$297,151
Total Directors
13
$805,311
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI DIETZ PRESIDENT 2.00
Officer Director
$0 $0 $0
PATRICK PISCITELLI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK MANNING TREASURER 1.00
Officer Director
$0 $15,168 $184,870
MICHAEL BORSZ SECRETARY 1.00
Officer Director
$0 $8,352 $112,281
MARK GODLESKI DIRECTOR 1.00
Director
$0 $0 $0
JOHN SINDONI DIRECTOR 1.00
Director
$0 $0 $0
NANCY CARR DIRECTOR 1.00
Director
$0 $11,456 $102,248
SEAN VORMWALD DIRECTOR 1.00
Director
$0 $11,105 $114,155
JOHN GEER DIRECTOR 1.00
Director
$0 $5,045 $53,811
OLIN STRATTON DIRECTOR 1.00
Director
$0 $8,756 $109,898
LARRY WEISKIRCH DIRECTOR 1.00
Director
$0 $12,920 $128,048
GALIA AMOR STUDENT REPRESENTATIVE 1.00
Director
$0 $0 $0
CHAIYA RENFROE STUDENT REPRESENTATIVE 1.00
Director
$0 $0 $0
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 $5,772,673 $3,828,176 $33,552,424 $1,944,497
2023 $4,720,458 $3,803,210 $32,237,158 $917,248
2022 $4,440,536 $3,882,390 $32,208,669 $558,146
2021 $3,016,681 $2,686,867 $32,189,989 $329,814
2020 $4,161,412 $3,797,953 $32,053,958 $363,459
2019 $6,210,169 $5,726,080 $33,310,936 $484,089
2018 $6,607,358 $5,721,906 $33,397,606 $885,452
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