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Filing year 2024

SYRACUSE ECONOMIC DEVELOPMENT CORP

Syracuse, New York·EIN 16-1159198·NTEE S310 · Community Improvement & Capacity Building·3
Total revenue
$1.5M
Total assets
$16.8M
Total expenses
$185k
Reported officers
10
Mission

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.

Reported officers (all unpaid)

No paid executives reported in 2024. SYRACUSE ECONOMIC DEVELOPMENT CORP reported 10 unpaid officers and board members on its 990.

Secretary
Member
Director
Member
Director
Member
Member
Member
Member
Executive Director
Financial trend

Revenue and expenses over time

SYRACUSE ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$1.1M
2023
$1.5M
$185k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

SYRACUSE ECONOMIC DEVELOPMENT CORP reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New York earns a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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