Nonprofit · EIN 22-2305294
CENTERSTATE CEO FOUNDATION INC
Tax-exempt · SYRACUSE, NY 13202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $310,542 | $426,992 | -$116,450 | $1,547,973 | $577,520 | $970,453 |
| December 31, 2023 | 990 | $754,823 | $656,710 | $98,113 | $2,218,921 | $954,486 | $1,264,435 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $298,594
- Program service revenue
- $0
- Investment income
- $11,111
- Other revenue
- $837
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,554
- Salaries, compensation and benefits (total)
- $78,554
- Professional fundraising fees
- $0
- Accounting fees
- $2,225
- Program services (functional)
- $426,992
Balance sheet and other
- Total assets, start of year
- $2,218,921
- Total assets, end of year
- $1,547,973
- Total liabilities, end of year
- $577,520
- Net assets, end of year
- $970,453
- Net assets without donor restrictions
- $733,833
- Net assets with donor restrictions
- $236,620
- Gross receipts
- $310,542
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1980
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT SIMPSON | PRESIDENT Trustee or director, Officer | 1 | $14,042 | $292,074 | $127,938 |
| BEN SIO | SVP Trustee or director, Officer | 1 | $14,682 | $123,242 | $36,694 |
| MARIAN FRANCHER | SENIOR DIRECTOR OF FINANCE Officer | 1 | $0 | $104,828 | $12,964 |
| KELLY FURMAROLA | EXECUTIVE DIRECTOR Officer | 7 | $40,396 | $53,432 | $4,707 |
| LORI DIETZ | SVP OF ADMINISTRATION & HU Officer | 1 | $0 | $92,376 | $5,021 |
| NATHAN ANDREWS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VICKI BRACKENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EVELYN INGRAM | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARGARET O'CONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELANIE LITTLEJOHN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIMOTHY PENIX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID SCHNECKENBURGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GAIL COWLEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN CROSSETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MANTOSH DEWAN MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY TOWNSEND | DIRECTOR Trustee or director | 1 | $0 |
| JAMES REED | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIMOTHY MURPHY | CHAIR, DEVELOPMENT COMMITTEE Trustee or director, Officer | 1 | $0 |
| JOHN HUHTALA | DIRECTOR Trustee or director | 1 | $0 |
| SOMAK CHATTOPADHYAY | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN FOURNIER | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS SCHNEIDER | DIRECTOR Trustee or director | 1 | $0 |
| ERIK SMITH | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN GORCZYNSKI | DIRECTOR Trustee or director | 1 | $0 |
| DIMITAR KARAIVANOV | DIRECTOR Trustee or director | 1 | $0 |
| DR SETH KRONENBERG | DIRECTOR Trustee or director | 1 | $0 |
| JO ANNE GAGLIANO | DIRECTOR Trustee or director | 1 | $0 |
| JOHANNA ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| DAVID NUTTING | DIRECTOR Trustee or director | 1 | $0 |
| ERIC MOWER | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL NASH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT SIMPSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $322,752 | $76,411 |
| LORI DIETZ | SVP OF ADMINISTRATION & HU Officer | 1 | $0 | $141,188 | $19,200 |
| KELLY FURMAROLA | EXECUTIVE DIRECTOR Officer | 7 | $15,480 | $70,826 | $20,272 |
| MARIAN FRANCHER | SENIOR DIRECTOR OF FINANCE Officer | 1 | $0 | $57,103 | $437 |
| NATHAN ANDREWS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VICKI BRACKENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EVELYN INGRAM | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARGARET O'CONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELANIE LITTLEJOHN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVE NUTTING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIMOTHY PENIX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID SCHNECKENBURGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GAIL COWLEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN CROSSETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MANTOSH DEWAN MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL NASH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIMBERLY TOWNSEND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES REED | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TIMOTHY MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN HUHTALA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SOMAK CHATTOPADHYAY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN FOURNIER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC MOWER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS SCHNEIDER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIK SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN GORCZYNSKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 115 W FAYETTE ST, SYRACUSE, NY 13202-1305
- Principal officer (990 for 2024)
- ROBERT SIMPSON, 115 WEST FAYETTE STREET, SYRACUSE, NY 13202
- Signed the 990
- ROBERT SIMPSON, PRESIDENT
- Phone
- (315) 470-1800
- Website
- WWW.CENTERSTATECEO.COM
- Return prepared by
- FUSTCHARLES LLP
Mission
TO ATTRACT PHILANTHROPIC SUPPORT FOR CENTERSTATE CEO PROGRAMS THAT REMOVE BARRIERS TO ECONOMIC PROSPERITY FOR PEOPLE AND PLACES. THESE PROGRAMS HELP RESIDENTS ACCESS QUALITY JOBS, INCLUSIVE WORKPLACES, AND ENTREPRENEURSHIP OPPORTUNITIES, AS WELL AS BUILD VIBRANT NEIGHBORHOOD BUSINESS CENTERS.
Program accomplishments
- SEE SCHEDULE OBASED IN SYRACUSE, NY, THE CENTERSTATE CEO FOUNDATION IS A SUPPORTING ORGANIZATION TO CENTERSTATE CORPORATION FOR ECONOMIC OPPORTUNITY. CENTERSTATE CEO FOUNDATION'S MISSION IS TO ATTRACT PHILANTHROPIC SUPPORT FOR CENTERSTATE CEO PROGRAMS THAT REMOVE BARRIERS TO ECONOMIC PROSPERITY FOR PEOPLE AND PLACES. SUPPORTED ACTIVITIES ARE DESIGNED IN COLLABORATION WITH COMMUNITY PARTNERS AND INCLUDE SMALL BUSINESS, WORKFORCE, AND NEIGHBORHOOD DEVELOPMENT. HIGHLIGHTED STRATEGIES AND PROGRAMS INCLUDE:WORKFORCE INNOVATION: THROUGH THE WORK TRAIN PROGRAM, CENTERSTATE CEO SUPPORTS INDUSTRY PARTNERSHIPS IN A VARIETY OF SECTORS, INCLUDING ADVANCED MANUFACTURING, CONSTRUCTION, TECH, CDL, AND HEALTHCARE. INDUSTRY PARTNERSHIPS INCLUDE EMPLOYERS, TRAINING AND EDUCATION PROVIDERS, AND COMMUNITY-BASED PARTNERS ALL WORKING TO DEVELOP STRATEGIES FOR FILLING GOOD QUALITY JOBS ALONG IN DEMAND CAREER PATHWAYS. IN COLLABORATION WITH THESE PARTNERS, CENTERSTATE CEO BUILD INITIATIVES THAT ACTIVATE TALENT FROM ALL ACROSS THE REGION, INCLUDING RESIDENTS WHO ARE UN OR UNDEREMPLOYED AND/OR IN LOW DEMAND OR LOW PAYING FIELDS. WORK TRAIN HAS PLACED OVER 1,200 INDIVIDUALS IN QUALITY JOBS, USING FEEDBACK FROM JOBSEEKERS TO IMPROVE PROGRAMMING TO ACHIEVE MORE PLACEMENTS, RETENTION, AND ADVANCEMENT.SMALL BUSINESS DEVELOPMENT: THROUGH ITS UP START PROGRAM AND GROWTH + EQUITY FUND, CENTERSTATE CEO AIMS TO SUPPORT THE LAUNCH, GROWTH, AND SUSTAINABILITY OF SMALL BUSINESSES ACROSS SECTORS. THE UP START TEAM WORKS CLOSELY WITH EACH BUSINESS OWNER TO DEVELOP CUSTOMIZED BUSINESS PLANS AND TROUBLESHOOT CHALLENGES. THE PROGRAM LEVERAGES VARIOUS PARTNERS ACROSS THE REGION, INCLUDING THE SBDC AND WISE WOMENS BUSINESS CENTER, TO SUPPORT THESE ENTREPRENEURS. STARTED IN 2022, THE GROWTH + EQUITY FUND AIMS TO PROVIDE MARKET SOLUTIONS FOR EMERGING AND GROWING SMALL BUSINESSES THAT ARE NOT ABLE TO ACCESS CAPITAL FROM TRADITIONAL LENDERS. THROUGH THE FUND, CENTERSTATE WORKS CLOSELY WITH BUSINESS OWNERS TO HELP DE-RISK THEIR VENTURES, POSITIONING THEM TO ACCESS THE TRADITIONAL FINANCIAL MARKET EITHER IN THE FUTURE OR AS CO-LENDERS. TO DATE, ALL SIX GROWTH + EQUITY FUND BORROWERS ARE UP TO DATE ON PAYMENTS WITH NO DEFAULTS. CENTERSTATE CEO ALSO OPERATED A PILOT ACCELERATOR FOR STARTUPS LED BY ENTREPRENEURS FROM DISADVANTAGED BACKGROUNDS, WHICH GRADUATED FIVE COMPANIES.Expenses $426,992
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 | Not 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
- 22-2305294
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W11)
- Assets (IRS master file)
- $1,547,973
- Income (IRS master file)
- $310,542
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $310,542 | $426,992 | $1,547,973 | XML |
| 990 | December 2023 | $754,823 | $656,710 | $2,218,921 | XML |
| 990 | December 2022 | $232,388 | $254,806 | $1,983,596 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 22-2305294).
Questions about CENTERSTATE CEO FOUNDATION INC
- What is the EIN of CENTERSTATE CEO FOUNDATION INC?
- The employer identification number (EIN) of CENTERSTATE CEO FOUNDATION INC is 22-2305294.
- Is CENTERSTATE CEO FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to CENTERSTATE CEO FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CENTERSTATE CEO FOUNDATION INC 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 CENTERSTATE CEO FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTERSTATE CEO FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CENTERSTATE CEO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ROBERT SIMPSON.
- Who are the officers and directors of CENTERSTATE CEO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 31 people; 3 received compensation from the organization, the highest $14,042 (ROBERT SIMPSON, PRESIDENT).
- How much revenue does CENTERSTATE CEO FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $310,542, expenses of $426,992 and total assets of $1,547,973 at year end.
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