ONONDAGA CIVIC DEVELOPMENT CORPORATION

EIN: 800458240 501(c)(3) Community Improvement

SYRACUSE, NY

Total Revenue
$1,425,902
Total Expenses
$238,682
Total Assets
$3,427,071
Net Assets
$3,215,442
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
NATHANIEL STEVENS
Phone
3154353770
Tax Period
2025-01-01 to 2025-12-31

ONONDAGA CIVIC DEVELOPMENT CORPORATION, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 83% operating margin.

Mission

THE ONONDAGA CIVIC DEVELOPMENT CORPORATION SUPPORTS THE COUNTY OF ONONDAGA GOVERNMENT, BUSINESSES, AND NOT FOR PROFIT CORPORATIONS. IT ALSO SERVES AS A FACILITATOR OF SOLUTIONS FOR GOVERNMENTAL PROBLEMS THROUGH ITS FLEXIBLE AND EFFICIENT STATUTORY POWERS. OCDC USES AVAILABLE FINANCIAL AND POLICY INCENTIVES TO STIMULATE ECONOMIC GROWTH, LESSEN THE BURDENS OF GOVERNMENT, PROMOTE JOB CREATION AND RETENTION, GENERATE PROSPERITY, IMPROVE THE QUALITY OF LIFE OF RESIDENTS, AND ENCOURAGE ECONOMIC VIBRANCY. OCDC STRIVES TO PROVIDE LOCAL, CONVENIENT, AND ECOMONICAL FINANCING OPPORTUNITIES FOR ITS CONSTITUENTS IN ONONDAGA COUNTY. OCDC TAKES PRIDE IN ITS UNDERSTANDING OF LOCAL ECONOMIC DEVELOPMENT OPPORTUNITIES, FLEXIBILITY TO MEET MUNICIPAL NEEDS, AND FAST RESPONSE TO EVER CHANGING ECOMONIC DEVELOPMENT DEMANDS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,307,690
Investment Income $115,397
Other Revenue $2,815
TOTAL REVENUE $1,425,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $238,682
Other Expenses $238,682
TOTAL EXPENSES $238,682

Year-over-Year Comparison

2025 2024 Change
Revenue $1,425,902 $1,084,095 +0.3%
Expenses $238,682 $383,082 -0.4%
Net Income $1,187,220 $701,013 +0.7%
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

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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
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL LAFLAIR CHAIRPERSON 1.00
Director
$0 $0 $0
MITCHELL LATIMER DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA BIESIADA O'NEILL DIRECTOR 1.00
Director
$0 $0 $0
VINCENT CIOCI DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY TOWNSEND DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER DANIEL DIRECTOR 1.00
Director
$0 $0 $0
JANICE HERZOG DIRECTOR 1.00
Director
$0 $0 $0
NATHANIEL STEVENS PRESIDENT & CHIEF EXECUTIV 5.00
Officer
$0 $0 $0
ROBERT SHOENECK TREASURER 3.00
Officer
$0 $0 $0
ALEXIS RODRIGUEZ SECRETARY 5.00
Officer
$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
2025 $1,425,902 $238,682 $3,427,071 $1,187,220
2024 $1,084,095 $383,082 $2,129,691 $701,013
2023 $78,190 $131,884 $1,424,864 $-53,694
2022 $493,816 $501,294 $1,478,890 $-7,478
2021 $324,937 $272,521 $1,501,444 $52,416
2020 $858,817 $409,365 $1,411,344 $449,452
2019 $757,008 $468,628 $970,670 $288,380
2018 $200,955 $379,131 $751,385 $-178,176
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