Nonprofit · EIN 13-4069282
STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC
Tax-exempt · STATEN ISLAND, NY 10314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,310,537 | $981,302 | $329,235 | $3,678,605 | $340,383 | $3,338,222 |
| December 31, 2023 | 990 | $800,037 | $1,012,993 | -$212,956 | $3,476,144 | $395,327 | $3,080,817 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $915,759
- of which government grants
- $821,836
- Program service revenue
- $0
- Investment income
- $341,033
- Net gain from sales of assets
- $258,771
- Other revenue
- $53,745
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $454,773
- Salaries, compensation and benefits (total)
- $531,216
- Professional fundraising fees
- $0
- Legal fees
- $2,361
- Accounting fees
- $12,000
- Occupancy
- $75,095
- Travel
- $3,777
- Depreciation
- $79,320
- Program services (functional)
- $709,488
- Management and general (functional)
- $271,814
Balance sheet and other
- Total assets, start of year
- $3,476,144
- Total assets, end of year
- $3,678,605
- Total liabilities, end of year
- $340,383
- Net assets, end of year
- $3,338,222
- Land, buildings and equipment
- $175,908
- Publicly traded securities
- $2,245,810
- Net assets without donor restrictions
- $2,733,246
- Net assets with donor restrictions
- $604,976
- Gross receipts
- $2,308,892
- Employees
- 2
- Volunteers
- 100
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA BARAN | PRESIDENT & Officer | 5 | $0 | $166,510 | $18,945 |
| RAM CHERUKURI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EILEEN CORIGLIANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROL DECINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES EASLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER LEE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROSEMARIE SCAMPAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH SCIAME | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK TRANCHINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK WILKINSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ED WISEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK SCARANGELLO JR | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHIL GUARNIERI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSEPH TORRES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GAIL CASTELLANO | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA BARAN | PRESIDENT & Officer | 5 | $0 | $143,332 | $17,740 |
| DEAN BALSAMINI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAM CHERUKURI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| EILEEN CORIGLIANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROL DECINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES EASLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER LEE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROSEMARIE SCAMPAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK SCARANGELLO JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH SCIAME | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK TRANCHINA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ED WISEMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRUCE BEHRINS | LEGAL COUNSE Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL ASSENZA | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHILIP GUARNIERI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSEPH TORRES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GAIL CASTELLANO | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2555 RICHMOND AVENUE, STATEN ISLAND, NY 10314-5879
- Principal officer (990 for 2024)
- LINDA BARAN, 2555 RICHMOND AVENUE SUITE 240, STATEN ISLAND, NY 10314
- Signed the 990
- LINDA BARAN, PRESIDENT & CEO
- Phone
- (718) 727-1900
- Website
- WWW.SICHAMBER.COM
- Return prepared by
- DESANTIS KIEFER SHALL & SARCONE LLP
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.
Program accomplishments
- DOWNTOWN STATEN ISLAND BUSINESS IMPROVEMENT DISTRICT (BID) FORMATION ORIGINALLY FUNDED UNDER THE NEW YORK CITY DEPARTMENT OF SMALL BUSINESS SERVICES' (SBS) NEIGHBORHOOD 360 PROGRAM TO ADDRESS DOWNTOWN STATEN ISLAND REVITALIZATION, THIS INITIATIVE HAS TRANSITIONED TO A BID FORMATION GRANT. THE FOUNDATION WORKS WITH LOCAL STAKEHOLDERS TO GUIDE THE PLANNING AND IMPLEMENTATION PROCESS REQUIRED TO ESTABLISH A FORMAL BUSINESS IMPROVEMENT DISTRICT. EFFORTS INCLUDE COMMUNITY OUTREACH, STAKEHOLDER ENGAGEMENT, AND DEVELOPMENT OF A BID PLAN TO STRENGTHEN AND SUSTAIN THE AREA'S COMMERCIAL CORE THROUGH ENHANCED SERVICES, BEAUTIFICATION, AND LONG-TERM ECONOMIC VITALITY. DOWNTOWN REVITALIZATION INITIATIVE (DRI) WAYFINDING & BRANDING PROJECT FUNDED THROUGH NEW YORK STATE'S DOWNTOWN REVITALIZATION INITIATIVE, THIS PROJECT ADDRESSES ONE OF DOWNTOWN STATEN ISLAND'S MOST SIGNIFICANT CHALLENGES-NAVIGATING BETWEEN ITS MAJOR GATEWAYS, ATTRACTIONS, AND NEIGHBORHOODS. MANAGED BY THE FOUNDATION, THE PROJECT WILL IMPLEMENT A MULTI-MODAL WAYFINDING SYSTEM THAT IMPROVES PEDESTRIAN, BICYCLE, TRANSIT, AND VEHICULAR NAVIGATION. EFFORTS INCLUDE CREATING GATEWAY SIGNAGE, DIRECTIONAL AND ORIENTATION KIOSKS, RETAIL BLADE SIGNS, STREETSCAPE BRANDING, AND PLACEMAKING ELEMENTS IN THE ST. GEORGE, TOMPKINSVILLE, AND STAPLETON NEIGHBORHOODS. THIS INITIATIVE AIMS TO ENHANCE VISITOR EXPERIENCES, ENCOURAGE EXPLORATION, STRENGTHEN CONNECTIONS BETWEEN THE WATERFRONT AND UPLAND COMMUNITIES, AND SUPPORT ECONOMIC ACTIVITY THROUGHOUT THE DISTRICT.Expenses $127,100
- 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 $188,204
- 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 $125,799
- 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 $268,385
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-4069282
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $3,678,605
- Income (IRS master file)
- $2,308,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,310,537 | $981,302 | $3,678,605 | IRS |
| 990 | December 2023 | $800,037 | $1,012,993 | $3,476,144 | XML |
| 990 | December 2022 | $1,206,467 | $1,093,049 | $3,623,782 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-4069282).
Questions about STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC
- What is the EIN of STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC?
- The employer identification number (EIN) of STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC is 13-4069282.
- Is STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names LINDA BARAN.
- Who are the officers and directors of STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,310,537, expenses of $981,302 and total assets of $3,678,605 at year end.
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- NEW WORLD PREPARATORY CHARTER SCHOOL EIN 27-2013987 · last filed 990 for 2025
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- COLLEGE OF STATEN ISLAND AUXILIARY SERVICES CORP INC EIN 13-2936232 · last filed 990 for 2025