Nonprofit · EIN 13-3706442
STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · STATEN ISLAND, NY 10314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,274,655 | $2,322,750 | -$48,095 | $2,303,620 | $475,903 | $1,827,717 |
| December 31, 2024 | 990 | $2,253,587 | $2,158,693 | $94,894 | $2,349,875 | $474,063 | $1,875,812 |
| December 31, 2023 | 990 | $2,385,997 | $2,327,993 | $58,004 | $2,388,772 | $581,521 | $1,807,251 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,706,880
- of which government grants
- $1,288,288
- Membership dues
- $396,303
- Program service revenue
- $439,159
- Investment income
- $27,739
- Net income from fundraising events
- $100,877
- Other revenue
- $100,877
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $591,315
- Other salaries and wages
- $701,508
- Salaries, compensation and benefits (total)
- $1,389,300
- Professional fundraising fees
- $0
- Legal fees
- $1,040
- Accounting fees
- $19,500
- Travel
- $4,976
- Depreciation
- $39,523
- Program services (functional)
- $1,848,496
- Management and general (functional)
- $235,498
- Fundraising (functional)
- $238,756
Balance sheet and other
- Total assets, start of year
- $2,349,875
- Total assets, end of year
- $2,303,620
- Total liabilities, end of year
- $475,903
- Net assets, end of year
- $1,827,717
- Land, buildings and equipment
- $38,857
- Net assets without donor restrictions
- $1,820,024
- Net assets with donor restrictions
- $7,693
- Gross receipts
- $2,342,448
- Employees
- 15
- Year formed
- 1993
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL CUSICK | PRESIDENT & Officer | 35 | $268,939 | $7,874 |
| GINA GUTMAN | SR. VICE PRE Officer | 35 | $165,735 | $26,775 |
| ELI KHAZZAM | VP PROJECTS Highest-paid employee | 35 | $116,266 | $0 |
| JODI GUAGLIARDO | VP DEVELOP Highest-paid employee | 35 | $111,000 | $0 |
| DORIS VITIELLO | COMPTROLLER Officer | 35 | $83,890 | $3,567 |
| KIMBERLY ALTHOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ALTOBELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GINA ARGENTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ATKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM AVILEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE BELLONI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED BIRDIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RALPH BRANCA | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| CAROL BULLOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL CARIDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
31 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CORASH | DIRECTOR Trustee or director | 1 | $0 |
| CAROL DECINA | SECRETARY Trustee or director, Officer | 3 | $0 |
| FRED DIGIOVANNI | DIRECTOR Trustee or director | 1 | $0 |
| JEFFREY A DOGGERT | DIRECTOR Trustee or director | 1 | $0 |
| R RANDY LEE ESQ | CHAIRMAN EME Trustee or director | 1 | $0 |
| JOE FERRARA | DIRECTOR Trustee or director | 1 | $0 |
| STANLEY M FRIEDMAN | EXEC VICE CH Trustee or director, Officer | 3 | $0 |
| DWIGHT GENIAS | DIRECTOR Trustee or director | 1 | $0 |
| MATT GLASSER | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP GUARNIERI | TREASURER Trustee or director, Officer | 3 | $0 |
| JOHN DILEO JR | DIRECTOR Trustee or director | 1 | $0 |
| STEVE KLEIN | EXECUTIVE CO Trustee or director | 1 | $0 |
| ROBIN LEFKOWITZ | DIRECTOR Trustee or director | 1 | $0 |
| SADIA MALIK | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL MANZULLI | CHAIRMAN EME Trustee or director | 1 | $0 |
| KENNETH MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| JAMES P MOLINARO | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT P MOORE | VICE CHAIRMA Trustee or director, Officer | 3 | $0 |
| ROBERT MYERS | DIRECTOR Trustee or director | 1 | $0 |
| EVAN PETRACCA | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL MESSINA PHD | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL RYAN | EXECUTIVE CO Trustee or director | 1 | $0 |
| MICHAEL SANICOLA | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY SANTO | DIRECTOR Trustee or director | 1 | $0 |
| MARCELLO SCIARRINO | EXECUTIVE CO Trustee or director | 1 | $0 |
| MEAGAN SILLS | DIRECTOR Trustee or director | 1 | $0 |
| SHAWN STRADFORD | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW SYPA | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS TIMARI | DIRECTOR Trustee or director | 1 | $0 |
| JOE TORRES | VICE CHAIRMA Trustee or director, Officer | 3 | $0 |
| ROBERT WALLACE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 47 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL CUSICK | PRESIDENT & Officer | 35 | $249,969 | $7,222 |
| GINA GUTMAN | SR. VICE PRE Officer | 35 | $159,618 | $24,391 |
| ELI KHAZZAM | VP PROJECTS Highest-paid employee | 35 | $119,808 | $0 |
| DORIS VITIELLO | COMPTROLLER Officer | 35 | $80,250 | $11,968 |
| KIMBERLY ALTHOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ALTOBELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY ANGIULI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR BRAHIM ARDOLIC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GINA ARGENTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ATKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM AVILEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LANCE BECCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE BELLONI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED BIRDIE | MEMBERSHIP M Trustee or director | 1 | $0 | $0 |
| RALPH BRANCA | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| CAROL BULLOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL CARIDI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD CORASH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL DECINA | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| FRED DIGIOVANNI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY A DOGGERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R RANDY LEE ESQ | CHAIRMAN EME Trustee or director | 1 | $0 | $0 |
| JOE FERRARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STANLEY M FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DWIGHT GENIAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP GUARNIERI | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JOHN DILEO JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE KLEIN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| ROBIN LEFKOWITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SADIA MALIK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MANZULLI | CHAIRMAN EME Trustee or director | 1 | $0 | $0 |
| KENNETH MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES P MOLINARO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT P MOORE | EXEC. VICE C Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT MYERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK NASO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN PETRACCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL MESSINA PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPHINE PORTUESI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL RYAN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| MICHAEL SANICOLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY SANTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARCELLO SCIARRINO | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| SHAWN STRADFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW SYPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE TORRES | VICE CHAIRMA Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 43 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CESAR J CLARO | PRESIDENT & Former | 35 | $211,529 | $16,520 |
| MICHAEL CUSICK | PRESIDENT & Officer | 35 | $201,058 | $21,591 |
| GINA GUTMAN | SR. VICE PRE Officer | 35 | $135,990 | $27,116 |
| DORIS VITIELLO | COMPTROLLER Officer | 35 | $77,506 | $14,656 |
| KIMBERLY ALTHOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ALTOBELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY ANGIULI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELO ARAMIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR BRAHIM ARDOLIC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GINA ARGENTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ATKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LANCE BECCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE BELLONI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED BIRDIE | MEMBERSHIP M Trustee or director | 1 | $0 | $0 |
| RALPH BRANCA | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| GAIL CASTELLANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD CORASH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROL DECINA | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| FRED DIGIOVANNI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| R RANDY LEE ESQ | CHAIRMAN EME Trustee or director | 1 | $0 | $0 |
| JOE FERRARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STANLEY M FRIEDMAN | SR. EXEC. VI Trustee or director, Officer | 3 | $0 | $0 |
| DWIGHT GENIAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHIL GUARNIERI | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JOHN DILEO JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE KLEIN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| ROBIN LEFKOWITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MANZULLI | CHAIRMAN EME Trustee or director | 1 | $0 | $0 |
| KENNETH MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES P MOLINARO | VICE CHAIRMA Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT P MOORE | EXEC. VICE C Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT MYERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK NASO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN PETRACCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL MESSINA PHD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL RYAN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| MICHAEL SANICOLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY SANTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SCALIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARCELLO SCIARRINO | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| JOE TORRES | VICE CHAIRMA Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 EDWARD CURRY AVE STE 103, STATEN ISLAND, NY 10314-7101
- In care of
- %
- Principal officer (990 for 2025)
- MICHAEL CUSICK, 201 EDWARD CURRY AVENUE SUITE 103, STATEN ISLAND, NY 10314
- Signed the 990
- MICHAEL CUSICK, PRESIDENT & CEO
- Phone
- (718) 477-1400
- Website
- WWW.SIEDC.ORG
- Return prepared by
- DESANTIS KIEFER SHALL & SARCONE LLP
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.
Program accomplishments
- TO PROMOTE, COORDINATE AND EXECUTE PROGRAMS TO IMPROVE THE QUALITY OF LIFE AND BUSINESS ENVIRONMENT AND EMPLOYMENT BASE ON STATEN ISLAND.Expenses $813,338 · revenue $193,230
- STUDY, PLAN AND ASSIST THE PHYSICAL DEVELOPMENT OF THE BOROUGH.Expenses $388,184 · revenue $92,223
- TECHNICAL ASSISTANCE TO INDUSTRIAL BUSINESSES.Expenses $314,244 · revenue $74,657
- BUSINESS DEVELOPMENT SERVICES TO UNDERSERVED BUSINESSES ON STATEN ISLAND. ASSIST BUSINESS OWNERS WITH FINANCING, JOB TRAINING, AND NAVIGATING GOVERNEMNT AND TECHNOLOGY.Expenses $332,730 · revenue $79,049
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3706442
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $2,303,620
- Income (IRS master file)
- $2,342,448
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,274,655 | $2,322,750 | $2,303,620 | XML |
| 990 | December 2024 | $2,253,587 | $2,158,693 | $2,349,875 | IRS |
| 990 | December 2023 | $2,385,997 | $2,327,993 | $2,388,772 | XML |
| 990 | December 2022 | $2,037,023 | $2,037,982 | $2,449,397 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3706442).
Questions about STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION is 13-3706442.
- Is STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names MICHAEL CUSICK.
- Who are the officers and directors of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 46 people; 5 received compensation from the organization, the highest $268,939 (MICHAEL CUSICK, PRESIDENT &).
- How much revenue does STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,274,655, expenses of $2,322,750 and total assets of $2,303,620 at year end.
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- STATEN ISLAND BOARD OF REALTORS INC EIN 13-5579131 · last filed 990 for 2024
- INTERNATIONAL CATERERS ASSOCIATION EDUCATIONAL FOUNDATION EIN 26-0000930 · last filed 990 for 2025
- STATEN ISLAND IMMIGRANT CENTER EIN 92-1134292 · last filed 990 for 2024
- WEST BRIGHTON COMMUNITY LOCAL DEVELOPMENT CORPORATION EIN 13-3046424 · last filed 990 for 2025
- STATEN ISLAND URBAN CENTER INC EIN 37-1833463 · last filed 990 for 2025
- RICHMOND MEMBERS CORP EIN 88-3396889 · last filed 990 for 2025
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All nonprofits in STATEN ISLAND · New York · Community improvement and capacity building