Synapse Sustainability Trust Inc
- Assets
- $138.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 06/2004
- Data as of
- 12/2019
- EIN
- 43-2013922
Organization Overview
Synapse Sustainability Trust Inc is located in Syracuse, NY. The organization was established in 2004. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Synapse Sustainability Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
LESSEN THE BURDENS OF GOVERNMENT BY PARTNERING WITH LOCAL GOVERNMENT BODIES AND OTHER COMMUNITY STAKEHOLDERS TO PROMOTE REVITALIZATION AND REUSE OF IMPAIRED PROPERTIES AND TO DEVELOP AND IMPLEMENT SUSTAINABLE ENVIRONMENTAL INITIATIVES IN TARGET COMMUNITIES; TO FOSTER PUBLIC AWARENESS AND PARTICIPATION IN THESE SUSTAINABLE ENVIRONMENTS, AND TO ENCOURAGE PUBLIC/PRIVATE PARTNERSHIPS FOR THE IMPLEMENTATION OF THESE INITIATIVES WHERE PRIVATELY-FUNDED ACTION IS UNLIKELY TO OCCUR DUE TO MARKET CHALLENGES; AND TO PROVIDE TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS/COMMUNITY STAKEHOLDERS TO FACILITATE THE REMEDIATION AND REUSE OF ENVIRONMENTALLY IMPAIRED PROPERTIES LOCATED ACROSS THE COUNTRY.
Describe the Organization's Program Activity:
Part 3
DEVELOPED COMMUNITY FUELING INFRASTRUCTURE DERIVED FROM ALTERNATIVE ENERGY SOURCES AT A MAJOR BROWNFIELD SITE WITHIN THE COMMUNITY.
SYNAPSE SUSTAINABILITY TRUST IS DEVELOPING NEW ENVIRONMENTAL EDUCATIONAL PROGRAMS, AS WELL AS EDUCATIONAL AND RECREATIONAL OPPORTUNITIES SPECIFICALLY FOR VETERANS AND THEIR FAMILIES.
INITIATED THE DEVELOPMENT OF A WETLAND MITIGATION BANK PROGRAM BY SUPPORTING THE PREPARATION OF A GRANT FOR THE CENTRAL NEW YORK REGIONAL PLANNING AND DEVELOPMENT BOARD. THE AUDUBON WAS INCLUDED IN THE PLANNING AND GRANT AS IT RELATED TO INCORPORATING CRITICAL FLYWAYS IN DEVELOPING WETLANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vita Demarchi Director | 5 | $0 | |
Eckardt C Beck Executive Director | 5 | $0 | |
Richard Pertz Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$35,473 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $166 |
| Total Revenue | -$37,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,630 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,912 |
| Total expenses | $7,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,518 |
| Other assets | $0 |
| Total assets | $138,149 |
| Total liabilities | $43,496 |
| Net assets or fund balances | $94,653 |
Grants Awarded
Over the last fiscal year, Synapse Sustainability Trust Inc has awarded $35,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL AUDUBON SOCIETY PURPOSE: CONSERVE AND RESTORE NATURAL ECOSYSTEMS | $25,200 |
NORTHWOOD PERFORMING ARTS CENTER PURPOSE: DEVELOP AND PROMOTE ENVIRONMENTAL EDUCATIONAL PROGRAMMING | $10,000 |