NonprofitsStaten Island Chamber Of Commerce Foundation Inc

Education

Staten Island Chamber Of Commerce Foundation Inc

STATEN ISLAND, NY

Total revenue

$1.3M

Total expenses

$981K

Net assets

$3.3M

Grants received

$418K

10 grants

EIN

134069282

Tax year

2024

Mission

Staten island chamber of commerce foundation, inc., hereinafter referred to as the foundation, has been created to support and advance small business development and business technology development of the staten island community through charitable educational programs and commercial revitalization programs that lessen the burdens of government.

Programs

3 programs

Small business resource network (sbrn) launched in 2020 as a collaboration between the five borough chambers of commerce, the partnership for nyc, and nyc economic development corporation (edc), the sbrn is now funded through nyc edc as part of the five borough chamber alliance. The program connects small businesses with resources such as financing, marketing, technology and e-commerce tools, legal assistance, and general business counseling. With the support of nyc council funding, the program prioritizes serving m/wbes and low-to-moderate-income communities, with multilingual capacity in over eight languages.

Expenses: $188K

Chamber on the go a mobile business support initiative that brings free resources directly to small businesses at their storefronts, helping owners access services without leaving their place of business.

Expenses: $126K

Chamber assist / workforce development this program connects small businesses with interns, fosters work-based learning opportunities, and provides job screening and placement assistance. The foundation maintains an active job board, facilitates partnerships between employers and educational institutions, and supports businesses in developing talent pipelines. Key partners include local high schools, colleges, workforce programs, and community-based organizations. Leading ladies collective (llc) a six-month leadership development program bringing together a cohort of 12 women-owned businesses and nonprofit executives. Participants receive training in financial literacy, marketing, technology, business development, and leadership, along with one-on-one mentoring, networking opportunities, and resources to strengthen their enterprises. Young entrepreneurs academy (yea) a national, afterschool program that transforms local high school students into real, confident entrepreneurs. Over the course of 16 weeks, students develop business ideas, conduct market research, write business plans, present to an investor panel, and launch their own companies. The foundation has graduated more than 225 students over 11 years, building a robust alumni network that supports future program participants. National civics bee an annual competition for students in grades 6-8 that encourages civic engagement and knowledge. Participants submit essays addressing local challenges and solutions, with finalists competing in a live quiz event. Winners advance to state and national competitions. Lisc verizon small business accelerator program as a community champion, the foundation connects small and midsize businesses-especially bipoc and women-owned enterprises-to services provided through verizon's small business digital ready platform. This includes personalized learning plans, live coaching, mentoring, networking opportunities, and access to business development resources. Lisc wells fargo small business resiliency program a pilot initiative designed to prepare small businesses to withstand and recover from disasters, offering training, technical assistance, and access to a disaster infrastructure resilience fund for investments in energy, technology, communications, and mitigation measures. Borough president grant funding to support operations and provide technical assistance to small businesses. Clean up and beautification support for neighborhood cleanup and beautification efforts across staten island to improve commercial corridors and enhance community pride. The foundation acts as a conduit to local civic organizations and coordinates community cleanups in addition to its own downtown staten island (dtsi) cleanup and beautification efforts.

Expenses: $268K

Financials

FY 2024

Revenue

Contributions & grants$916K
Program service revenue
Investment income$341K
Other revenue$54K
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$531K
Fundraising
Other expenses$450K
Total expenses$981K
Total assets$3.7M
Net assets$3.3M

People

15 listed

NameRoleCompensation

LINDA BARAN

PRESIDENT &

Board

5 hrs/wk

RAM CHERUKURI

DIRECTOR

Board

1 hrs/wk

EILEEN CORIGLIANO

DIRECTOR

Board

1 hrs/wk

CAROL DECINA

DIRECTOR

Board

1 hrs/wk

JAMES EASLEY

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER LEE

DIRECTOR

Board

1 hrs/wk

ROSEMARIE SCAMPAS

DIRECTOR

Board

1 hrs/wk

JOSEPH SCIAME

DIRECTOR

Board

1 hrs/wk

MARK TRANCHINA

DIRECTOR

Board

1 hrs/wk

FRANK WILKINSON

DIRECTOR

Board

1 hrs/wk

ED WISEMAN

DIRECTOR

Board

1 hrs/wk

FRANK SCARANGELLO JR

CHAIRPERSON

Board

1 hrs/wk

PHIL GUARNIERI

VICE CHAIR

Board

1 hrs/wk

JOSEPH TORRES

SECRETARY

Board

1 hrs/wk

GAIL CASTELLANO

TREASURER

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$6K
Grant to raise awareness for civics education through a local competition.
2023
$3K
RCSF SPRING CLEAN UP PROGRAM
2023
$124K
Small Business Resource Network
2022
$103K
Small Business Resource
2020
$500
TO SUPPORT THE YOUND ENTREPENEURS PROGRAM
2017

Funded by

$418K from 6 funders · 10 grants · 2017–2024

New York City Partnership Foundation Inc

$227K · 2 grants · 2020–2022

Local Initiatives Support Corporation

$157K · 4 grants · 2020–2024

Amplify Her Charitable Foundation

$25K · 1 grant · 2023

US Chamber of Commerce Foundation

$6K · 1 grant · 2023

Details

EIN134069282
NTEE codeB60
Subsection03
Ruling date2000-04
Employees2
Volunteers100
STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo