New York Family Business Center Inc
- Assets
- $21.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 26-4561550
Organization Overview
New York Family Business Center Inc is located in Syracuse, NY. The organization was established in 2010. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Family Business Center Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, New York Family Business Center Inc generated $43.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $55.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NEW YORK FAMILY BUSINESS CENTER GIVES FAMILY OWNED BUSINESS OWNERS AND MANAGERS OPPORTUNITIES TO INTERACT AND LEARN FROM EACH OTHER AND FROM FAMILY BUSINESS PROFESSIONALS. THIS IS ACHIEVED BY PROVIDING TOOLS, RESOURCES, CONSULTING, TRAINING, INTERACTION, AND EDUCATION SPECIFIC TO FAMILY OWNED BUSINESSES IN UPSTATE NEW YORK. MEMBERS ARE GIVEN THE OPPORTUNITY TO DEVELOP THE STRATEGIES AND POLICIES NECESSARY TO ACHIEVE THEIR GOALS AND OBJECTIVES WITHIN A NURTURING AND CONFIDENTIAL ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keyona Kelly Membership Coordinator | 1 | $18,000 | |
Thomas P Donahue Chair | 1 | $0 | |
James Joseph Director | 1 | $0 | |
Paul Banuski Director | 1 | $0 | |
Andy Dilaura Director | 1 | $0 | |
Pat Delmonico Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,747 |
| Total Program Service Revenue | $332 |
| Membership dues | $11,505 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,000 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $36,129 |
| Total expenses | $55,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,029 |
| Other assets | $0 |
| Total assets | $21,154 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,154 |