Syracuse Economic Development Corp
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.
Syracuse Economic Development Corp at a glance
In short: Syracuse Economic Development Corp gave $8K across 1 grant in 2025 (avg $8K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $7,510
- Grants made (2025)
- 1
- Average grant
- $7,510
- Median grant
- $7,510
- Total assets
- $16,130,760
- -3.9% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Syracuse Economic Development Corp funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Northeast Hawley Development Association Inc (Nehda Inc) ($8K).
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 30 grants of 30 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Syracuse Economic Development Corp gives
- Giving fell 73% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $8K (2025) to $240K (2021). In 2025 it made 1 grant totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Hawley Development Association Inc (Nehda Inc) Syracuse, NY | For the acquistion of personal protective equipment, supplies including but not limited to the acquisition and installation of equipment, or services procured that are intended to mitigate the financial loss encumbered by the covid-19 pandemic. Total grant is for $20,000. | $7,510 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $16,130,760 | $214,549 | $983,495 | $7,510 | 1 | $32,171 |
| 2024 | $16,778,081 | $1,463,585 | $185,414 | — | — | $95,171 |
| 2023 | $16,382,909 | $2,139,272 | $1,074,749 | $34,000 | 1 | — |
| 2022 | $17,091,252 | $2,875,453 | $185,252 | $28,200 | 2 | — |
| 2021 | $12,748,845 | $520,837 | $395,377 | $240,296 | 26 | — |
| 2020 | $10,718,094 | $290,956 | $196,903 | $76,109 | 11 | — |
| 2019 | $10,543,812 | $247,800 | $42,432 | — | — | — |
About Syracuse Economic Development Corp
Based on IRS filings
Syracuse Economic Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Syracuse, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $16.1M in total assets. In 2025, it awarded 1 grant totaling $8K. Net investment income was $32K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Syracuse Economic Development Corp is led by Eric Ennis, President since 2025 (on filings since 2019); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eric Ennis
President
Executive Director → President, 2025
On filings since 2019
5 hrs/week
$30K (2019) → $0 (2025)
Steve Gross
Director
On filings since 2020
1 hr/week
No compensation reported
Sheena Solomon
Secretary
On filings since 2019
1 hr/week
No compensation reported
Andrew Fish
Vice President
Member → Vice President, 2025
On filings since 2022
1 hr/week
No compensation reported
Karolina Marcinkowski
Member
On filings since 2022
1 hr/week
No compensation reported
Mark Barbee
Member
On filings since 2022
1 hr/week
No compensation reported
Calvin Corridors Jr.
Member
On filings since 2023
1 hr/week
No compensation reported
Patrick Lannon
Member
On filings since 2023
1 hr/week
No compensation reported
Rita Paniagua
Member
On filings since 2023
1 hr/week
No compensation reported
Former officers (9)
- Former: Ashanti Dickerson (2019–2024) — Director
- Former: Richard Driscoll (2019–2023) — Vice President
- Former: Michael Greene (2019–2022) — Director
- Former: Michael Quigley (2019–2022) — Director
- Former: Nicholas Petragnani Jr. (2019–2022) — Treasurer
- Former: Jennifer Tifft (2020–2022) — President
- Former: David Mankiewicz (2019–2021) — Director
- Former: David V. Bottar (2019) — Director
- Former: Stephen Gross (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
No officer or director reported compensation in the available filings.
Frequently asked questions about Syracuse Economic Development Corp
How much does Syracuse Economic Development Corp give each year?
Syracuse Economic Development Corp gave $8K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Syracuse Economic Development Corp?
Syracuse Economic Development Corp reported $16.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $215K.
What is Syracuse Economic Development Corp?
Syracuse Economic Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Syracuse, NY. It holds $16.1M in total assets as of 2025.
Where does Syracuse Economic Development Corp operate?
Syracuse Economic Development Corp has awarded grants in New York.
What is Syracuse Economic Development Corp's EIN?
Syracuse Economic Development Corp's EIN (Employer Identification Number) is 16-1159198. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS March 25, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 15, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Syracuse Economic Development Corp funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
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Browse active grant opportunities in Syracuse Economic Development Corp's focus areas in our free grants database
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