Staten Island Economic Development Corporation
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Staten Island Economic Development Corporation
Staten Island Economic Development Corporation (SIEDC) is a 501(c)(3) non-profit organization that serves as a lead advocate for economic development of Staten Island Staten Island ( ) is a borough of New York City, coextensive with Richmond County, in the U.S. state of New York. Located in the city's southwest portion, the borough is separated from New Jersey by the Arthur Kill and the Kill Van Kull an ...'s economy.siedc.org The organization is responsible for over $900 million in new investments, the creation of over 12,500 jobs, the development of over 6,000 acres of vacant industrial land by providing assistance to developers and companies implementing projects in the borough, while at the same time serving the smallest entrepreneur and small business owner with tailored financing, procurement, and real estate assistance. Every year approximately 3,000 businesses and individuals are assisted by the SIEDC through financing assistance, tax incentives, job training, and ...
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Staten Island
Staten Island ( ) is a borough of New York City, coextensive with Richmond County, in the U.S. state of New York. Located in the city's southwest portion, the borough is separated from New Jersey by the Arthur Kill and the Kill Van Kull and from the rest of New York by New York Bay. With a population of 495,747 in the 2020 Census, Staten Island is the least populated borough but the third largest in land area at . A home to the Lenape indigenous people, the island was settled by Dutch colonists in the 17th century. It was one of the 12 original counties of New York state. Staten Island was consolidated with New York City in 1898. It was formally known as the Borough of Richmond until 1975, when its name was changed to Borough of Staten Island. Staten Island has sometimes been called "the forgotten borough" by inhabitants who feel neglected by the city government. The North Shore—especially the neighborhoods of St. George, Tompkinsville, Clifton, and Stapleton—i ...
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Non-profit Organizations Based In New York City
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Economy Of Staten Island
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howeve ...
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