2024-05-15T10:52:27-04:00 2023-12-31 133952752 DESANTIS KIEFER SHALL & SARCONE LLP 1675 RICHMOND ROAD STATEN ISLAND NY 103042317 990 2023-01-01 133706442 STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION STAT 7184771400 201 EDWARD CURRY AVENUE SUITE 103 STATEN ISLAND NY 10314 MICHAEL CUSICK PRESIDENT & CEO 7184771400 2024-05-15 true MICHAEL CUSICK 999009999 false DONALD SARCONE CPA CGMA P00003283 7183512233 2024-05-15 2023 2023-04-26 12:10:37Z MICHAEL CUSICK 201 EDWARD CURRY AVENUE SUITE 103 STATEN ISLAND NY 10314 2476998 false X WWW.SIEDC.ORG X 1993 NY THE PURPOSE OF THE ORGANIZATION IS TO PLAN AND PROMOTE AND, IF NECESSARY, COORDINATE AND EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS AND TO IMPROVE THE BUSINESS ENVIRONMENT AND EMPLOYMENT BASE OF STATEN ISLAND. 39 39 15 0 1500144 1742782 391311 489785 3761 8326 141807 145104 2037023 2385997 0 0 1223499 1366704 0 248499 814483 961289 2037982 2327993 -959 58004 2449397 2388772 700150 581521 1749247 1807251 X THE PURPOSE OF THE ORGANIZATION IS TO PLAN AND TO PROMOTE AND, IF NECESSARY, COORDINATE AND EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK, TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS AND TO IMPROVE THE BUSINESS ENVIRONMENT AND EMPLOYMENT BASE OF STATEN ISLAND. false false 806935 215505 TO PROMOTE, COORDINATE AND EXECUTE PROGRAMS TO IMPROVE THE QUALITY OF LIFE AND BUSINESS ENVIRONMENT AND EMPLOYMENT BASE ON STATEN ISLAND. 385128 102855 STUDY, PLAN AND ASSIST THE PHYSICAL DEVELOPMENT OF THE BOROUGH. 311771 83263 TECHNICAL ASSISTANCE TO INDUSTRIAL BUSINESSES. 330110 88161 BUSINESS DEVELOPMENT SERVICES TO UNDERSERVED BUSINESSES ON STATEN ISLAND. 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VICE PRE 35.00 X 135990 0 27116 DORIS VITIELLO COMPTROLLER 35.00 X 77506 0 14656 KIMBERLY ALTHOFF DIRECTOR 1.00 X 0 0 0 MICHAEL ALTOBELLI DIRECTOR 1.00 X 0 0 0 GARY ANGIULI DIRECTOR 1.00 X 0 0 0 ANGELO ARAMIO DIRECTOR 1.00 X 0 0 0 DR BRAHIM ARDOLIC DIRECTOR 1.00 X 0 0 0 GINA ARGENTO DIRECTOR 1.00 X 0 0 0 JOHN ATKINS DIRECTOR 1.00 X 0 0 0 LANCE BECCA DIRECTOR 1.00 X 0 0 0 MIKE BELLONI DIRECTOR 1.00 X 0 0 0 ED BIRDIE MEMBERSHIP M 1.00 X 0 0 0 RALPH BRANCA CHAIRMAN 3.00 X X 0 0 0 GAIL CASTELLANO DIRECTOR 1.00 X 0 0 0 RICHARD CORASH DIRECTOR 1.00 X 0 0 0 CAROL DECINA SECRETARY 3.00 X X 0 0 0 FRED DIGIOVANNI DIRECTOR 1.00 X 0 0 0 R RANDY LEE ESQ CHAIRMAN EME 1.00 X 0 0 0 JOE FERRARA DIRECTOR 1.00 X 0 0 0 STANLEY M FRIEDMAN SR. EXEC. 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BECAUSE OF THE SIEDC'S GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ITS FINANCIAL STATEMENTS. CHAIRMAN OUTING 88500 88500 37685 ANNUAL AWARDS 87315 87315 39144 1 60290 60290 14172 236105 236105 91001 91001 145104 X X false false false false false false false false false CESAR J CLARO PRESIDENT & CEO 211529 16520 228049 MICHAEL CUSICK PRESIDENT & CEO 201058 21591 222649 GINA GUTMAN SR. VICE PRESIDENT 135990 4079 23037 163106 RICHARD CORASH CORASH & HOLLENDER PC BOARD MEMBER 11000 LEGAL SERVICES false SCHEDULE L, PART V SOME MEMBERS OF THE BOARD OF DIRECTORS ARE EMPLOYEES OR BOARD MEMBERS OF COMPANIES WITH WHICH THE SIEDC CONDUCTS BUSINESS. FORM 990 - ORGANIZATION'S MISSION THE PURPOSE OF THE ORGANIZATION IS TO PLAN AND TO PROMOTE AND, IF NECESSARY, COORDINATE AND EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK, TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS AND TO IMPROVE THE BUSINESS ENVIRONMENT AND EMPLOYMENT BASE OF STATEN ISLAND. FORM 990, PAGE 2, PART III, LINE 4D BUSINESS DEVELOPMENT SERVICES TO UNDERSERVED BUSINESSES ON STATEN ISLAND. ASSIST BUSINESS OWNERS WITH FINANCING, JOB TRAINING, AND NAVIGATING GOVERNEMNT AND TECHNOLOGY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS SEVERAL DIFFERENT LEVELS OF MEMBERSHIP. MEMBERS PARTICIPATE AT VARIOUS LEVELS AND ADVISE THE BOARD AND MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE CPA PRESENTS THE 990 TO THE ORGANIZATION'S AUDIT COMMITTEE WHO REVIEWS THE FORM AND PROVIDES A COPY TO EACH BOARD MEMBER FOR COMMENT. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICIES ARE SIGNED EVERY YEAR AND REVIEWED BY MANAGEMENT. AN ANNUAL GOVERNANCE RETREAT IS HELD WHERE ALL POLICIES ARE REVIEWED, DISCUSSED AND VOTED ON. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE PRESIDENT & CEO AND SR. VICE PRESIDENT'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION PERIODICALLY HIRES HUMAN RESOURCES CONSULTANTS TO DO A MARKET ANALYSIS AND BENCHMARKING. THE ORGANIZATION ALSO CREATED "MEASURABLE RESULTS" PERFORMANCE EVALUATIONS AND OBTAINED SALARY APPROVAL FROM THE EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE AT CORPORATE OFFICE AND BY REQUEST.