Syracuse Senior Citizens Project Corp
- Assets
- $16.5m
- Revenue
- $661.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 07/1969
- Data as of
- 03/2022
- EIN
- 16-0961754
Organization Overview
Syracuse Senior Citizens Project Corp is located in Syracuse, NY. The organization was established in 1969. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syracuse Senior Citizens Project Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2022, Syracuse Senior Citizens Project Corp generated $661.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.0%) each year. All expenses for the organization totaled $11.4k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (50.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING FACILITIES FOR AGED PERSONS OF LOW INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT ONE APARTMENT COMPLEX WHICH SERVES QUALIFIED LOW INCOME RESIDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret J Hill President | OfficerTrustee | 1 | $0 |
Scott Procious Secretary/treasurer | OfficerTrustee | 1 | $0 |
Mary Anne Cody Vice President | OfficerTrustee | 0 | $0 |
Joseph L Cunningham Director | Trustee | 0 | $0 |
Mark R Schlegel ESQ Director | Trustee | 0 | $0 |
Mark Cywilko Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,508 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $775 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $943,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,587,497 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,531,198 |
| Accounts payable and accrued expenses | $10,650 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,650 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $16,520,548 |
| Total liabilities and net assets/fund balances | $16,531,198 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |
United Presbyterian & Reformed Adult Ministries Inc Flushing, NY | $13,773,181 | $9,913,948 |
Bergen Basin Commmunity Development Corporation Brooklyn, NY | $2,562,211 | $8,388,294 |
Age Well Inc Colchester, VT | $4,778,126 | $7,728,758 |
Western Connecticut Area Agency On Aging Inc Waterbury, CT | $3,714,113 | $8,361,310 |
Waveny Care Center Health Services Inc New Canaan, CT | $11,677,668 | $6,120,495 |
Eastern Connecticut Area Agency On Aging Inc Norwich, CT | $1,526,516 | $6,677,322 |
Area Agency On Aging For The Counties Of Brad Sull Susq And Tio Towanda, PA | $2,044,253 | $6,580,429 |
Senior Citizens United Community Services Of Camden County Inc Audubon, NJ | $5,026,909 | $6,535,637 |
Community Agency For Senior Citizens Inc Staten Island, NY | $3,047,533 | $6,260,081 |
Fort Greene Council Inc Brooklyn, NY | $4,515,817 | $5,921,269 |
Neighborhood Self Help By Older Persons Project Inc Bronx, NY | $2,170,016 | $6,185,886 |