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.
Key facts about Syracuse Economic Development Corp
In short: Syracuse Economic Development Corp gave $8K across 1 grant in 2025 (avg $8K), mostly in New York. Source: 2025 IRS Form 990.
- EIN
- 16-1159198
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $7,510
- Grants made (2025)
- 1
- Average grant
- $7,510
- Median grant
- $7,510
- Total assets
- $16,130,760
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$16.1M
-3.9% YoY
Annual Giving
$8K
Grant Count
1
Avg Grant Size
$8K
How Syracuse Economic Development Corp gives
- Giving fell 73% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
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
Ready to take the next step with Syracuse Economic Development Corp?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $16,130,760 | $16,778,081 | $16,382,909 |
| Revenue | $214,549 | $1,463,585 | $2,139,272 |
| Expenses | $983,495 | $185,414 | $1,074,749 |
| Net Investment Income | $32,171 | $95,171 | — |
Data update history
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
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.
Here's the math on researching Syracuse Economic Development Corp by hand.
Explore Open Grants
Browse active grant opportunities in Syracuse Economic Development Corp's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
CNY Arts Inc
Syracuse, NY
CNY Arts supports arts, culture, history, and heritage projects, including community arts, arts education, and artist commissions, by individual artists and nonprofit organizations in Cortland, Herkimer, Madison, Onondaga, Oneida, and Oswego Counties. In 2025, grants ranged from $5,100 to $440,912, with a median of $11,075. It says it rarely funds off-cycle requests or unsolicited proposals outside designated application windows.
Assets
$2.1M
Grants
42
Total Given
$2.1M
Allyn Family Foundation Inc
Skaneateles, NY
Allyn Family Foundation supports economic opportunity, vibrant neighborhoods, early childhood and family supports, and women’s health, with local work focused on Cayuga and Onondaga Counties in New York. Its Opportunity Fund typically awards $5,000–$25,000 and accepts brief funding summaries from eligible organizations on a rolling basis, although its 2024 filing says it generally funds preselected organizations and does not accept unsolicited requests.
Assets
$131.2M
Grants
163
Total Given
$6.1M
Central New York Community Foundation Inc
Syracuse, NY
The Central New York Community Foundation funds nonprofit and public-benefit projects in arts and culture, education, health, human services, civic affairs, and the environment, primarily serving Onondaga, Cortland, and Madison counties; its parks and recreation fund also serves Cayuga and Oswego counties. In 2025, its grants had a median of $16,000, ranging from $5,100 to $2,462,750. Community Grants applicants must discuss their request with foundation staff before applying; whether it accepts unsolicited requests is not stated.
Assets
$458.3M
Grants
436
Total Given
$23.6M
The Community Preservation Corporation
New York, NY
CPC’s grants support affordable-housing policy and services, community development, and related work, while its separate financing programs fund affordable and workforce housing. In 2025, grants ranged from $5,500 to $35,000, with a median of $10,000; most grant dollars went to New York, with some in Massachusetts and New Jersey. The profile does not state whether CPC accepts unsolicited grant requests.
Assets
$1.7B
Grants
15
Total Given
$225K
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds projects in areas including arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with some opportunities elsewhere. Its 2024 median grant was $20,000, though awards varied widely. It accepts applications through its open competitive grants program and selected RFPs or letters of interest; donor-advised funds do not accept proposals.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
More Funders in New York
Syracuse Economic Development Corp down — hundreds of funders to go?