Syracuse Urban Partnership Inc
- Assets
- $27.6m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Skaneateles, NY
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-5069452
Organization Overview
Syracuse Urban Partnership Inc is located in Skaneateles, NY. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syracuse Urban Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Syracuse Urban Partnership Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Sudmann Market Manager | 40 | $79,800 | |
Olive Sephuma Director | 1 | $0 | |
Eric R Allyn Treasurer | 1 | $0 | |
Margaret O'connell President | 1 | $0 | |
David Allyn Vice President | 1 | $0 | |
Dominic Robinson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,644,203 |
| Interest on Savings | $8 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $503,423 |
| Total Revenue | $4,147,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,800 |
| Other employee salaries and wages | $108,402 |
| Pension plans, employee benefits | $6,365 |
| Interest | $19,707 |
| Taxes | $93,151 |
| Depreciation | $735,845 |
| Occupancy | $26,897 |
| Travel, conferences, and meetings | $3,019 |
| Printing and publications | $0 |
| Other expenses | $899,298 |
| Total operating and administrative expenses | $2,188,598 |
| Contributions, gifts, grants paid | $404,343 |
| Total expenses and disbursements | $2,592,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $790,005 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,629 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $25,920,189 |
| Other assets | $891,286 |
| Total assets | $27,623,109 |
| Accounts payable and accrued expenses | $33,396 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $24,470,818 |
| Other liabilities | $0 |
| Total liabilities | $24,504,214 |
Grants Awarded
Over the last fiscal year, Syracuse Urban Partnership Inc has awarded $308,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BEA GONZALEZ SUMMER YOUTH FELLOWS PROGRAM PURPOSE: 814 YOUTH SCHOLARSHIPS | $300,000 |
ONONDAGA COUNTY HEALTH DEPARTMENT PURPOSE: MEDICAL EQUIPMENT TO HELP WITH COVID-19 TESTING CHALLENGES IN THE COMMUNITY | $8,000 |
DEAF NEW AMERICANS - HOPEPRINT PURPOSE: COMMITMENT TO SUPPORT THE DEAF NEW AMERICAN ADVOCACY EVENT | $200 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Syracuse Urban Partnership Inc has recieved totaling $2,783,162.
| Awarding Organization | Amount |
|---|---|
Allyn Foundation Inc Skaneateles, NY PURPOSE: TO SUPPORT CAPITAL COSTS TO COMPLETE THE CONSTRUCTION OF THE SALT CITY MARKET | $779,850 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: TO SUPPORT CAPITAL COSTS TO COMPLETE THE CONSTRUCTION OF THE SALT CITY MARKET (CONDUIT ELECTION) | $750,000 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: TO SUPPORT CAPITAL COSTS TO COMPLETE CONSTRUCTION OF THE SALT CITY MARKET | $316,399 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: INTEREST EXPENSE CONTRIBUTION | $266,763 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: IN SUPPORT OF A PORTION OF THE FEBRUARY 2021 CONSTRUCTION EXPENSES INCURRED BY SYRUP FOR THE REMAINING CONSTRUCTION WORK AT THE SALT CITY MARKET | $250,000 |
Allyn Foundation Inc Skaneateles, NY PURPOSE: OPERATIONAL EXPENSES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |