STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

EIN 13-3706442 · Community Improvement & Capacity Building (S30Z)

What they do

THE PURPOSE of THE ORGANIZATION is to PLAN and to PROMOTE AND, IF NECESSARY, COORDINATE and EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK, to ENHANCE THE QUALITY of LIFE of ITS RESIDENTS and to IMPROVE THE BUSINESS ENVIRONMENT and EMPLOYMENT BASE of STATEN ISLAND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders46 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.26%of revenue went to mission work79.6% of expenses · Program services

10.50%of revenue went to fundraising10.3% of expenses

$102.11spent for every $100 of revenueSpending was higher than revenue this year.

10.35%of revenue went to management and office costs10.1% of expenses

$0.99in assets for every $1 spent this yearSome assets cannot be spent right away.

75.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $48,095 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $276,813 for MICHAEL CUSICK (PRESIDENT &). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,274,655

Mission workProgram services$1,848,49681.26% of revenue79.6% of expenses

ManagementOffice and general costs$235,49810.35% of revenue10.1% of expenses

FundraisingAsking for donations$238,75610.50% of revenue10.3% of expenses

Total expenses$2,322,750102.11% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 79.6% mission · 10.1% management · 10.3% fundraisingTotal expenses: 102.11% of revenue

2024Expense mix: 80.1% mission · 10.0% management · 9.9% fundraisingTotal expenses: 95.79% of revenue

2023Expense mix: 78.8% mission · 10.5% management · 10.7% fundraisingTotal expenses: 97.57% of revenue

2022Expense mix: 78.2% mission · 10.8% management · 11.1% fundraisingTotal expenses: 100.05% of revenue

2021Expense mix: 77.2% mission · 11.0% management · 11.8% fundraisingTotal expenses: 83.41% of revenue

2020Expense mix: 76.0% mission · 12.0% management · 12.0% fundraisingTotal expenses: 88.74% of revenue

2019Expense mix: 81.2% mission · 9.5% management · 9.3% fundraisingTotal expenses: 95.69% of revenue

2018Expense mix: 78.4% mission · 10.8% management · 10.9% fundraisingTotal expenses: 97.78% of revenue

Money in and money out

Revenue$2,274,655

Expenses$2,322,750

Annual shortfall $48,095 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,848,496 · 79.6% of expenses

Management and office costs$235,498 · 10.1% of expenses

Fundraising$238,756 · 10.3% of expenses

See all reported dollar amounts

Revenue$2,274,655

Expenses$2,322,750

Assets$2,303,620

Income$2,324,480

Contributions$1,706,880

Mission work (program services)$1,848,496

Fundraising$238,756

Management and general$235,498

Accounting fees$19,500

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL CUSICKPRESIDENT & · 35 hrs/week $276,813Base $268,939 · Other $7,874

GINA GUTMANSR. VICE PRE · 35 hrs/week $192,510Base $165,735 · Other $26,775

ELI KHAZZAMVP PROJECTS · 35 hrs/week $116,266

JODI GUAGLIARDOVP DEVELOP · 35 hrs/week $111,000

DORIS VITIELLOCOMPTROLLER · 35 hrs/week $87,457Base $83,890 · Other $3,567

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (46)

MICHAEL CUSICKPRESIDENT &

GINA GUTMANSR. VICE PRE

ELI KHAZZAMVP PROJECTS

JODI GUAGLIARDOVP DEVELOP

DORIS VITIELLOCOMPTROLLER

RALPH BRANCACHAIRMAN

MATTHEW SYPADIRECTOR

MEAGAN SILLSDIRECTOR

MICHAEL ALTOBELLIDIRECTOR

MICHAEL CARIDIDIRECTOR

MICHAEL MANZULLICHAIRMAN EME

MICHAEL SANICOLADIRECTOR

MIKE BELLONIDIRECTOR

PHILIP GUARNIERITREASURER

R RANDY LEE ESQCHAIRMAN EME

KIMBERLY ALTHOFFDIRECTOR

RICHARD CORASHDIRECTOR

ROBERT MYERSDIRECTOR

ROBERT WALLACEDIRECTOR

ROBERT P MOOREVICE CHAIRMA

ROBIN LEFKOWITZDIRECTOR

SADIA MALIKDIRECTOR

SHAWN STRADFORDDIRECTOR

STANLEY M FRIEDMANEXEC VICE CH

STEVE KLEINEXECUTIVE CO

JAMES P MOLINARODIRECTOR

CAROL BULLOCKDIRECTOR

CAROL DECINASECRETARY

CHRIS TIMARIDIRECTOR

DANIEL RYANEXECUTIVE CO

DANIEL MESSINA PHDDIRECTOR

DWIGHT GENIASDIRECTOR

ED BIRDIEDIRECTOR

EVAN PETRACCADIRECTOR

FRED DIGIOVANNIDIRECTOR

GINA ARGENTODIRECTOR

MATT GLASSERDIRECTOR

JEFFREY A DOGGERTDIRECTOR

JOE FERRARADIRECTOR

JOE TORRESVICE CHAIRMA

JOHN ATKINSDIRECTOR

JOHN DILEO JRDIRECTOR

KENNETH MITCHELLDIRECTOR

KIM AVILEZDIRECTOR

ANTHONY SANTODIRECTOR

MARCELLO SCIARRINOEXECUTIVE CO

About this charity

Recognized since: January 1994
Location: 201 EDWARD CURRY AVENUE SUITE 103, STATEN ISLAND, NY 10314
County: Richmond
In care of: MICHAEL CUSICK
Primary officer: MICHAEL CUSICK, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(718) 477-1400

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: DESANTIS KIEFER SHALL & SARCONE LLP
NTEE classification: Community Improvement & Capacity Building (S30Z)