Syracuse Economic Development Corp logo

Syracuse Economic Development Corp

SYRACUSE, NY EIN: 16-1159198 Website

THE GOAL OF THE SYRACUSE ECONOMIC DEVELOPMENT CORPORATION (SEDCO) IS TO PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO BUSINESSES AND OTHER LOCAL ECONOMIC DEVELOPMENT ENTITIES THAT OPERATE IN THE CITY OF SYRACUSE, NEW YORK AS A MEANS OF SUPPORTING BUSINESS EXPANSION AND JOB CREATION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.8M

+2.4% YoY

Revenue

$1.5M

-31.6% YoY

Net Investment Income

$95K

Expenses

$185K

-82.7% YoY

About Syracuse Economic Development Corp

Based on IRS filings

Syracuse Economic Development Corp is a nonprofit organization focused on Community Improvement & Capacity Building, based in SYRACUSE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.8M in total assets. Net investment income was $95K.

Ready to take the next step with Syracuse Economic Development Corp?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Syracuse

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$791K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$16,778,081$16,382,909$17,091,252
Revenue$1,463,585$2,139,272$2,875,453
Expenses$185,414$1,074,749$185,252
Qualifying Distributions
Net Investment Income$95,171
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$120K$180K$240K0 grants202026 grants20212 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHEENA SOLOMONSECRETARY1
ANDREW FISHMEMBER1
ASHANTI DICKERSONDIRECTOR1
CALVIN CORRIDORS JRMEMBER1
STEVE GROSSDIRECTOR1
MARK BARBEEMEMBER1
RITA PANIAGUAMEMBER1
PATRICK LANNONMEMBER1
KAROLINA MARCINKOWSKIMEMBER1
ERIC ENNISEXECUTIVE DIRECTOR20

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Syracuse Economic Development Corp on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities