Central New York Technology Development Organization INC

Tax-deductible

Liverpool, NY501(c)(3)EIN 16-1339956Revenue $2.1M in FY2024

On file with the IRStdo.org445 Electronics Parkway, 13088-6065 · Liverpool, NYTax-exempt since May 1990Publicly supported charity — 170(b)(1)(A)(vi)

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To grow the local economy by helping local Central New York manufacturers and Technology companies drive operational excellence and cultural transformation to reach their full potential.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$718K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $77K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$718K
to officers and key staff · 31% of spending
Concern: pay to officers and key staff is 31% of spending; over 30%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $140K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$989K
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
+26% vs prior year
Spent
$2.3M
To programs
88%
Net assets
$1.8M
By yearFY2019–FY2024
Revenue
$2.1M
FY2024▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2019$3.4M
FY2020$2.5M
FY2021$1.4M
FY2022$1.5M
FY2023$1.7M
FY2024$2.1M
Expenses
$2.3M
FY2024▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2019$3.7M
FY2020$1.5M
FY2021$1.4M
FY2022$1.5M
FY2023$1.7M
FY2024$2.3M
Net assets
$1.8M
FY2024▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2019$1.0M
FY2020$2.0M
FY2021$2.0M
FY2022$2.0M
FY2023$2.0M
FY2024$1.8M

From the FY2024 Form 990 (year ending October 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $2.0M Management & general 12% · $282K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $718K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$190,665Pt VII · Sec A
$151,908Pt VII · Sec A
$142,759Pt VII · Sec A
$125,496Pt VII · Sec A
Employee
$107,599Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Scott Curtis————$186,040$196,740
James a D'Agostino$190,665$165,846$143,947$125,523$114,782$105,542
Susan Wisniewski————$160,765$122,710
Scott Laundry$151,908$145,097$137,579$131,107$124,509$125,317
Robert Kocik—————$147,587
Sarah Burlingame$142,759$136,160$129,697$121,520$117,291—
Michael Metzgar$125,496$130,986$123,173———
Richard a Jackson—————$130,189

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps local manufacturers and tech companies improve operations and culture to reach their full potential.

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Provided by the organization

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1 program · $2.0M · in their own filed words · FY2023
01

Cny tdo works hands-on with organizations to develop and implement strategies to meet their goals and solve problems. This is accomplished through initiatives in lean six sigma, workforce and leadership development, strategic planning, quality systems, marketing and sales strategies, the implementation of leading-edge technologies and…

$2.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Fuzehub INCFY2024$115K
Total grants receivedfrom 2 funders$140K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.2M
Gifts and grantsLn 1h$840K
Other incomeLn 4–11$59K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.0M
Managementcol C$282K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$2.8M
LiabilitiesLn 26$989K
PeoplePt VI, VII
15
listed · VII A
PaidVII A5
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$840K
Government grantsLn 1e$840K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$55K
Other incomeLn 4–11$59K
Gains on assetsLn 7−$6K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$102K
SavingsLn 2$170K
Cash and savings togetherLn 1–2$272K
InvestmentsLn 11–13$49K
Land, buildings, equipmentLn 10c$20K
Other assetsLn 15$831K
Total assetsLn 16$2.8M
LiabilitiesLn 26$989K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 512
VolunteersI 60
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$569K$272K
InvestmentsLn 11–13$49K
Land, buildings, equipmentLn 10c$34K$20K
Total assetsLn 16$3.0M$2.8M
LiabilitiesLn 26$1.1M$989K
Net assetsLn 32$2.0M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$232K$37K$195K
Other salaries and wagesLn 7$1.0M$1.0M
Pension plan contributionsLn 8$29K$29K
Other employee benefitsLn 9$66K$66K
Payroll taxesLn 10$86K$82K$5K
Legal feesLn 11b$5K$4K$1K
Accounting feesLn 11c$67K$50K$17K
Other fees for servicesLn 11g$493K$481K$13K
Advertising and promotionLn 12$43K$43K
Office expensesLn 13$39K$29K$10K
OccupancyLn 16$128K$96K$32K
TravelLn 17$29K$29K
Conferences, conventions and meetingsLn 19$23K$23K
Depreciation, depletion and amortizationLn 22$9K$7K$2K
InsuranceLn 23$12K$9K$3K
Other expenses (24a–d)Ln 24$33K$28K$4K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$2.3M$2.0M$282K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.1M$2.3M−$188K$1.8M 990 PDF
FY2023 $1.7M$1.7M−$50K$2.0M 990 PDF
FY2022 $1.5M$1.5M−$4K$2.0M 990 PDF
FY2021 $1.4M$1.4M$28K$2.0M 990 PDF
FY2020 $2.5M$1.5M$984K$2.0M 990 PDF
FY2019 $3.4M$3.7M−$309K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,122,126 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $599,145$840,427
I-9 Program service revenuePrior year $908,537$1,167,469
I-10 Investment incomePrior year $70,545$54,869
I-11 Other revenuePrior year $101,199$59,361
I-12 Total revenuePrior year $1,679,426$2,122,126
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,148,510$1,424,838
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $580,683$885,008
I-18 Total expensesPrior year $1,729,193$2,309,846
I-19 Revenue less expensesPrior year −$49,767−$187,720
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,122,126 across 7 lines filed
VIII-1e Government grants$840,427
VIII-1h Total contributions, gifts and grants$840,427
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,167,469$1,167,469
VIII-3 Investment incomeExcluded from tax $61,166$61,166
VIII-6 Net rental income or lossExcluded from tax $59,361$59,361
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$6,297−$6,297
VIII-12 Total revenueRelated to mission $1,167,469 · Unrelated business $0 · Excluded from tax $114,230$2,122,126
Part IX · Statement of functional expenses $2,309,846 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $37,194 · Management $195,142$232,336
IX-7 Other salaries and wagesPrograms $1,011,425$1,011,425
IX-8 Pension plan contributionsPrograms $29,032$29,032
IX-9 Other employee benefitsPrograms $65,566$65,566
IX-10 Payroll taxesPrograms $81,717 · Management $4,762$86,479
IX-11b Legal feesPrograms $3,720 · Management $1,240$4,960
IX-11c Accounting feesPrograms $50,462 · Management $16,821$67,283
IX-11g Other fees for servicesPrograms $480,654 · Management $12,754$493,408
IX-12 Advertising and promotionPrograms $43,325$43,325
IX-13 Office expensesPrograms $29,490 · Management $9,830$39,320
IX-16 OccupancyPrograms $96,292 · Management $32,097$128,389
IX-17 TravelPrograms $29,400$29,400
IX-19 Conferences, conventions and meetingsPrograms $22,696$22,696
IX-22 Depreciation, depletion and amortizationPrograms $6,585 · Management $2,195$8,780
IX-23 InsurancePrograms $9,147 · Management $3,049$12,196
IX-24 Other expenses (24a–d)Programs $28,246 · Management $4,329$32,575
IX-24e All other expensesPrograms $2,676$2,676
IX-25 Total functional expensesPrograms $2,027,627 · Management $282,219 · Fundraising $0$2,309,846
Part X · Balance sheet $2,775,296 assets, 15 lines filed
Asset lines not itemized here account for $972,592; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $289,141$101,700
X-2 Savings and temporary cash investmentsStart of year $279,763$169,874
X-3 Pledges and grants receivableStart of year $191,887$384,599
X-4 Accounts receivableStart of year $261,859$245,538
X-9 Prepaid expenses and deferred chargesStart of year $5,888$179
X-10c Land, buildings and equipment, netStart of year $33,539$20,261
X-12 Other securities$49,135
X-15 Other assetsStart of year $922,504$831,418
X-16 Total assetsStart of year $3,045,745$2,775,296
X-17 Accounts payable and accrued expensesStart of year $147,509$153,925
X-25 Other liabilitiesStart of year $924,181$835,036
X-26 Total liabilitiesStart of year $1,071,690$988,961
X-27 Net assets without donor restrictionsStart of year $1,974,055$1,786,335
X-32 Total net assets or fund balancesStart of year $1,974,055$1,786,335
X-33 Total liabilities and net assetsStart of year $3,045,745$2,775,296
Part XI · Reconciliation of net assets $1,786,335 net assets at year end
XI-1 Total revenue$2,122,126
XI-2 Total expenses$2,309,846
XI-3 Revenue less expenses−$187,720
XI-4 Net assets at start of year$1,974,055
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,786,335

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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