New York · Nonprofit
CENTERSTATE DEVELOPMENT FOUNDATION INC
CENTERSTATE DEVELOPMENT FOUNDATION INC (New York) receives grants from 2 organizations whose IRS filings report $13,000 to it, the largest being NEW YORK STATE HEALTH FDN D/B/A NEW YORK HEALTH FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $1.9M
- Funders on record
- 2
- Grants received
- $13k
- Net assets
- $3.3M
What Centerstate Development Foundation Inc does
Mission
Economic development of the city of syracuse and urban area in upstate new york
As stated on its FY2024 Form 990.
Program
See schedule oduring the year, the foundation's efforts were focused on activities aligned with its exempt purposes and mission. Its mission is to unlock the economic potential of all central new york's people and places by attracting public and philanthropic capital. Its exempt purpose is to supports activities that build local and regional capacity to combat community and neighborhood deterioration, offer solutions to problems challenging urban areas, encourage the development, attraction, and retention of industry especially in distressed areas, ensure area residents have access to employment, encourage cultural and community activities, promote the study of community health needs, and promote the overall economic development of central new york. The foundation leads and collaborates with partners on projects of local and regional significance and fiscally sponsors projects aligned with its mission and purpose.
$1,587,926 spent$1,478,547 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,587,926.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.7M to $3.3M (+25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2019 3%. Grants only. Government contracts and fees sit inside program revenue.
18% of CENTERSTATE DEVELOPMENT FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kelly Furmarola
Executive director
Board chair
Evelyn Carter Ingram
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of CENTERSTATE DEVELOPMENT FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CENTERSTATE DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 77% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of CENTERSTATE DEVELOPMENT FOUNDATION INC's grant income comes from New York funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CENTERSTATE DEVELOPMENT FOUNDATION INC is better cushioned than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like CENTERSTATE DEVELOPMENT FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 10 related entities
- Electronics Park LLC · disregarded
- Mdf Property Holdings LLC · disregarded
- Cross Point Properties LLC · disregarded
- Greater Syracuse Chamber of Commerce Economic Development Co · exempt
- Centerstate Ceo Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CENTERSTATE DEVELOPMENT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CENTERSTATE DEVELOPMENT FOUNDATION INC?
- CENTERSTATE DEVELOPMENT FOUNDATION INC (New York) receives grants from 2 organizations whose IRS filings report $13,000 to it, the largest being NEW YORK STATE HEALTH FDN D/B/A NEW YORK HEALTH FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- How many funders does CENTERSTATE DEVELOPMENT FOUNDATION INC have?
- IRS filings report 2 organizations giving $13,000 in grants to CENTERSTATE DEVELOPMENT FOUNDATION INC.
- Who is the largest funder of CENTERSTATE DEVELOPMENT FOUNDATION INC?
- NEW YORK STATE HEALTH FDN D/B/A NEW YORK HEALTH FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like CENTERSTATE DEVELOPMENT FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Centerstate Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing