NonprofitsDowntown Schenectady Improvement Corp

Community Improvement & Capacity Building

Downtown Schenectady Improvement Corp

SCHENECTADY, NY

Total revenue

$861K

Total expenses

$924K

Net assets

$509K

Grants received

$207K

11 grants

EIN

364465022

Tax year

2024

Mission

Our mission is to promote downtown schenectady as a premier location for commerce, recreation and residence by enhancing, facilitating and supporting economic growth.

Programs

1 program

Business promotion marketing program - to promote downtown schenectady as a destination for shopping, dining, recreation and entertainment, as well as an ideal place to locate professional offices ranging from single proprietorships to major corporate headquarters.

Expenses: $182K

Financials

FY 2024

Revenue

Contributions & grants$319K
Program service revenue$537K
Investment income$5K
Other revenue
Total revenue$861K

Expenses

Grants paid
Salaries & benefits$592K
Fundraising$60K
Other expenses$332K
Total expenses$924K
Total assets$609K
Net assets$509K

People

11 listed

NameRoleCompensation

MAUREEN NEUFELD

EXECUTIVE DI

Board

$82K

40 hrs/wk

HEATHER PETERSON

PRESIDENT

Board

2 hrs/wk

AUSTIN FISHER

VICE PRESIDE

Board

2 hrs/wk

RAY LEGERE

SECRETARY

Board

2 hrs/wk

ANDREA CORTELYOU

TREASURER

Board

2 hrs/wk

MICHAEL BURNS

BOARD MEMBER

Board

1 hrs/wk

MITCH RAMSEY

BOARD MEMBER

Board

1 hrs/wk

PHIL WAJDA

BOARD MEMBER

Board

1 hrs/wk

BASHIR CHEDRAWEE

BOARD MEMBER

Board

1 hrs/wk

ELLEN MCHALE

BOARD MEMBER

Board

1 hrs/wk

TATE OTTATI

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$5K
Safety Upgrades for Snow Removal
2024
$75K
JAY SQUARE - PARK CREATION
2023
$25K
2023 Grant - General Purpose
2023
$500
2023 S.T.A.G.E. SPONSORSHIP
2023
$25K
GENERAL OPERATIONS
2022
$20K
Grant to support AARP's Livable Communities initiative
2022
$3K
ILLIMINOCITY 2022 FOUNDATION
2022
$1K
SPONSORSHIP OF ILLUMINOCITY 2022
2022
$3K
ILLIMINOCITY 2021 FOUNDATION
2021
$50K
PPE, FOOD, HOUSING AND EMERGENCY AID ASSISTANCE
2020

Funded by

$207K from 8 funders · 11 grants · 2018–2024

The Schenectady Foundation

$100K · 2 grants · 2022–2023

The Carlilian Foundation

$25K · 1 grant · 2023

Aarp

$20K · 1 grant · 2022

Pioneer Bank Charitable Foundation

$6K · 3 grants · 2021–2023

JM McDonald Foundation Inc

$5K · 1 grant · 2024

Berkshire Bank Foundation Inc

$1K · 1 grant · 2022

Neil Jane William Estelle Golub

$150 · 1 grant · 2018

Details

EIN364465022
NTEE codeS31
Subsection03
Ruling date2003-10
Formed1978
Employees17
DOWNTOWN SCHENECTADY IMPROVEMENT CORP — Mission, Financials & Grants Received | Grantivo