Nonprofit · EIN 88-3376759
SEED SYRACUSE INC
Tax-exempt · SYRACUSE, NY 13202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $952,348 | $498,499 | $453,849 | $10,995,161 | $1,305,470 | $9,689,691 |
| December 31, 2023 | 990 | $9,681,550 | $379,407 | $9,302,143 | $9,423,729 | $87,126 | $9,336,603 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $416,929
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $354,062
- Other revenue
- $535,419
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $32,315
- Accounting fees
- $38,451
- Depreciation
- $63,345
- Program services (functional)
- $461,031
- Management and general (functional)
- $37,468
Balance sheet and other
- Total assets, start of year
- $9,423,729
- Total assets, end of year
- $10,995,161
- Total liabilities, end of year
- $1,305,470
- Net assets, end of year
- $9,689,691
- Land, buildings and equipment
- $413,398
- Net assets without donor restrictions
- $9,689,691
- Gross receipts
- $952,348
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- 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 |
|---|---|---|---|
| MARK ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| JULIA ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| MEAGHAN ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| MAARTEN JACOBS | DIRECTOR Trustee or director | 1 | $0 |
| PETER KALINOWSKI | DIRECTOR Trustee or director | 1 | $0 |
| DOMINIC ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET M O'CONNELL | PRESIDENT Officer | 5 | $0 |
| STEPHANIE PASQUALE | VICE PRESIDENT Officer | 1 | $0 |
| ERIC ALLYN | TREASURER Officer | 1 | $0 |
| DAVID ALLYN | SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| JULIA ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| MEAGHAN ALLYN | DIRECTOR Trustee or director | 1 | $0 |
| MAARTEN JACOBS | DIRECTOR Trustee or director | 1 | $0 |
| PETER KALINOWSKI | DIRECTOR Trustee or director | 1 | $0 |
| DOMINIC ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| MARGARET M O'CONNELL | PRESIDENT Officer | 1 | $0 |
| STEPHANIE PASQUALE | VICE PRESIDENT Officer | 1 | $0 |
| ERIC ALLYN | TREASURER Officer | 1 | $0 |
| DAVID ALLYN | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 484 S SALINA ST, SYRACUSE, NY 13202-2404
- Mailing address (990-N for 2022)
- 484 S SALINA ST, SYRACUSE NY 13202
- Principal officer (990 for 2024)
- MARGARET O'CONNELL, 484 S SALINA ST, SYRACUSE, NY 13202
- Principal officer (990-N for 2022)
- MAARTEN JACOBS, 484 S SALINA ST, SYRACUSE NY 13202
- Signed the 990
- MARGARET O'CONNELL, PRESIDENT
- Phone
- (315) 685-5059
- Website
- WWW.SEEDSYRACUSE.ORG
- Return prepared by
- GROSSMAN ST AMOUR CPAS PLLC
Mission
TO DEVELOP DISTRESSED PROPERTIES IN MARGINALIZED NEIGHBORHOODS AND ATTRACT, GROW, AND CREATE BUSINESSES THAT ARE COMMUNITY-OWNED AND CREATE JOBS FOR NEARBY RESIDENTS.
Program accomplishments
- DEVELOPMENT OF DISTRESSED PROPERTIES IN MARGINALIZED NEIGHBORHOODS THAT ATTRACTS, GROWS, AND CREATES BUSINESSES THAT ARE COMMUNITY OWNED AND OPERATED.Expenses $461,031
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
- 88-3376759
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $10,995,161
- Income (IRS master file)
- $952,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $952,348 | $498,499 | $10,995,161 | XML |
| 990 | December 2023 | $9,681,550 | $379,407 | $9,423,729 | XML |
| 990-N for 2022 Officer: MAARTEN JACOBS | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-3376759).
Questions about SEED SYRACUSE INC
- What is the EIN of SEED SYRACUSE INC?
- The employer identification number (EIN) of SEED SYRACUSE INC is 88-3376759.
- Is SEED SYRACUSE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SEED SYRACUSE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEED SYRACUSE 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 SEED SYRACUSE 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 SEED SYRACUSE 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 SEED SYRACUSE INC?
- The 990 for the year ended December 31, 2024 names MARGARET O'CONNELL.
- Who are the officers and directors of SEED SYRACUSE INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SEED SYRACUSE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $952,348, expenses of $498,499 and total assets of $10,995,161 at year end.
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All nonprofits in SYRACUSE · New York · Community improvement and capacity building