November 17 2025 Edition

The Central New York

BUSINESS JOURNAL CNYBJ.COM

SPECIAL REPORT:

Manufacturing/ High-Tech/Incubators.

PAGES 6-11.

WEEKLY EDITION I VOL. 38 I No. 41 I NOVEMBER 17, 2025 I $3.00

SUNY-NY CREATES TECHNOLOGY INNOVATION INSTITUTE TO ADVANCE CHIP RESEARCH PAGE 8

COMMUNITY BANK EXPANDS FOOTPRINT IN PENNSYLVANIA’S GREATER LEHIGH VALLEY PAGE 3

Awards Presentation FAMILY BUSINESS DECEMBER 3, 2025 I 8:30 AM - 10:30 AM AWARDS CNY BUSINESS JOURNAL

GET TICKETS TO ATTEND

PHOTO CREDIT: COMMUNITY BANK

PHOTO SUBMITTED BY CNY COMMUNITY FOUNDATION

PAGE 5

PHOTO CREDIT: NY CREATES WEBSITE

RENZI ESTATE DONATES $12M TO CNY COMMUNITY FOUNDATION

SKY ARMORY - SYRACUSE

n INDEX: BRIEFS

2

BUSINESS CALENDAR

14

OPINION

13

PEOPLE ON THE MOVE

15

THE LIST

12

2 I

THE CENTRAL NEW YORK BUSINESS JOURNAL I NOVEMBER 17, 2025

CNYBJ.COM

CNYBJ CALENDAR:

CNYBJ BRIEFS

November 24 Special Report: Employee Benefits/HR/Insurance November 24 List: Commercial RealEastate Firms

Pathfinder Bank’s branch office on Route 31 in the town of Cicero.

December 8 Special Report: Energy/ Environment/Sustainability

PHOTO CREDIT: ZOEYADVERTISING.COM

December 8 List: Ski Resorts December 15 Special Report: Construction/Design/Real Estate

The Forest Grill at Point Place Casino.

December 15 List: Landscape Architects December 22 Special Report: Nonprofit Directory December 29 Special Report: Healthcare Quarterly/Excellence in Healthcare Spotlights NEW! January 12 Special Report: Health Care Quarterly January 12 List: Skilled-Nursing Facilities January 19 Special Report: Employee Benefits/HR/Insurance January 19 List: Employee-Benefits Consultants/Property & Casualty Insurers

PHOTO CREDIT: POINT PLACE CASINO WEBSITE

The Forest Grill opens at Point Place Casino SULLIVAN — The Forest Grill, a casual and rustic farm to fork American grill restaurant, is set to formally open on Nov. 19 at Point Place Casino in the Bridgeport area of the town of Sullivan, in Madison County.

It’s the next phase of the $50 million expansion of the casino, which is also opening a new 99-room, lodge-style hotel.

“The Forest Grill will be a destination for both locals and visitors featuring an inviting and rustic ambiance echoing the evergreens and offering a cozy Adirondack-inspired retreat where guests can savor hearty comfort food and delicious drinks,” according to an announcement from Turning Stone Enterprises.

Local Syracuse chef Josh White will serve as chef de cuisine for the new restaurant.

White, a graduate of the culinary program at SUNY Cobleskill, has led kitchens at local establishments including LM Social and Onondaga Country Club and most recently served as chef de cuisine for other large organizations, per the announcement.

Operating hours for the Forest Grill are Wednesday through Saturday from 4-10 p.m., and Sunday from 3-9 p.m.

Point Place Casino is owned by the Oneida Indian Nation and an entity of Turning Stone Enterprises. It opened in March 2018 and features more than 500 slot machines, an assortment of table games, TS Sports, Perfect Pour Cafe, Burgers of Madison County, and the Fireside Lounge, in addition to the new arrivals of the Forest Grill and the hotel.

Geneva General Hospital Women’s Health Services earns ACR designation GENEVA — Geneva General Hospital’s Women’s Health Services has been designated a Comprehensive Breast Imaging Center by the American College of Radiology (ACR), a recognition awarded to facilities that demonstrate excellence in breast imaging.

This designation reflects accreditation in mammography, stereotactic breast biopsy, and breast ultrasound, including ultrasound-guided breast biopsy and MRI, according to an announcement from UR Medicine Finger Lakes Health, the hospital’s parent organization. Facilities must meet rigorous standards in image quality, staff qualifications, equipment, quality control, and safety protocols.

The ACR gold seal of accreditation represents the highest level of image quality and patient safety. It is awarded only to facilities that meet specific criteria outlined in ACR Practice Parameters and Technical Standards, the announcement stated.

The ACR is a national professional organization serving more than 42,000 diagnostic/interventional radiologists, radiation oncologists, nuclear medicine physicians, and medical physicists with programs focusing on the practice of medical imaging and radiation oncology and the delivery of comprehensive health care services.

UR Medicine Finger Lakes Health is an integrated delivery system that provides a full range of acute and long-term health care services to residents of the Finger Lakes region in upstate New York. Acute and long-term care services are provided on three campuses located in Ontario, Seneca, and Yates Counties. Primary care services are offered in Ontario, Seneca, Wayne, and Yates Counties.

PHOTO CREDIT: SENECAFOODS.COM

Seneca Foods’ net sales rise 8 percent in latest fiscal quarter FAIRPORT — Seneca Foods Corp.

(NASDAQ: SENEA, SENEB) recently reported that its net sales for the fiscal quarter ending Sept. 27, 2025 rose 8.1 percent to $460 million from $425.5 million in the same quarter a year ago.

The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva and Penn Yan — said the increase was driven by higher sales volumes, complemented by the impact of selling prices and its product mix.

Seneca Foods’ gross margin as a percentage of net sales was 13.4 percent for the three months ending Sept. 27, 2025, up from a gross margin of 10.1 percent for the three months ending Sept. 28, 2024, according to the company’s earnings report issued on Nov. 5.

Seneca Foods says it is one of North America’s leading providers of packaged fruits and vegetables. Its products are primarily sourced from more than 1,100 American farms and are distributed to about 55 countries. The firm’s corporate office is in Fairport, near Rochester.

Seneca says it holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips, and cherry products. Products are also sold under the brands of Libby’s, Green Giant, Aunt Nellie’s, Green Valley, CherryMan, READ, and Seneca.

Seneca Foods’ stock is having a great year. Through Nov. 11, the company’s stock price was up 47 percent year to date, and higher by 75 percent over the last 12 months.

Pathfinder Bancorp posts profit improvement in Q3 OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income attributable to common shareholders of $626,000, or 10 cents per share, in the third quarter of this year.

That’s a significant improvement from $31,000, or less than 1 cent a share, in the second quarter of this year, and a net loss attributable to common shareholders of $4.6 million, or 75 cents per share, in the third quarter of 2024.

The Oswego–based banking company contended that the results reflect its ongoing efforts to lessen credit risk and improve asset-quality metrics for the long term, as well as the continued growth of Pathfinder’s core deposit base, deliberate liability pricing, net interest-margin resilience, and operating-expense discipline.

Pathfinder’s loans totaled $898.5 million at the end of the third quarter, compared to $909.7 million at the conclusion of the second quarter, and $921.7 million on Sept. 30, 2024. Commercial loans were $543.7 million, or 60.5 percent of total loans, on Sept. 30 of this year, compared to $549.1 million on June 30, and $534.5 million on Sept. 30, 2024.

Total deposits at Pathfinder grew to $1.23 billion at the end of the third quarter, compared to $1.22 billion on June 30, and $1.20 billion on Sept. 30, 2024. During the third quarter of this year, total balances increased on growth in core deposits, more than offsetting reductions in higher-cost time deposits.

“Recent asset quality related to certain legacy loans has resulted in unacceptable levels of credit volatility,” James A. Dowd, president and CEO of Pathfinder, said in the Oct. 30 earnings report. “We’re committed to advancing our dynamic credit risk management framework, emphasizing enhanced portfolio analytics, rigorous policy standards, stringent underwriting criteria, and a measured approach to new loan production that favors local consumer and small and mid-sized businesses lending over highly concentrated credit relationships. In addition, we initiated a new, comprehensive review of the entire loan portfolio, scheduled to be completed by year end, which we believe will enable us to make significant strides toward reducing the volatility of credit costs in 2026 and beyond, clearing a path for consistent and sustainable improvement in earnings over time.”

Oswego–based Pathfinder Bancorp, as of Sept. 30, had total assets of $1.47 billion.

Pathfinder Bank has 11 full-service branches located in its market areas of Oswego and Onondaga counties and one limited-purpose office in Oneida County.

Pathfinder’s stock price was down more than 11 percent year to date through Nov. 11, and off more than 12 percent over the last 12 months.

Sign up for the CNYBJ's Email News Alerts Visit cnybj.com

I 3

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

CNYBJ.COM

Community Bank expands footprint in Pennsylvania’s Greater Lehigh Valley

BY ERIC REINHARDT ereinhardt@cnybj.com DeWITT — The deal was first announced back in June, and on Nov. 10, Community Bank, N.A. said it had completed its acquisition of seven branch locations from Santander Bank, N.A. in the Allentown, Pennsylvania area.

Community Bank is a wholly owned banking subsidiary of Community Financial System, Inc. (NYSE: CBU), which is headquartered in DeWitt.

The acquisition — which adds about $553 million in customer-deposit accounts — strengthens the bank’s ability to provide service to consumer, business banking, and private banking clients in Pennsylvania’s Greater Lehigh Valley while growing its presence and acquiring new customers.

“We are delighted to welcome the employees and customers of these seven branches to Community Bank. Our commitment is to ensure a smooth transition

and deliver the exceptional service our customers expect from the same dedicated team of professionals they have come to know and trust,” Dimitar Karaivanov, president and CEO of Community Financial System, said in the announcement. “We look forward to building lasting relationships and supporting the Greater Lehigh Valley community with trusted, personalized banking.”

This acquisition accelerates Community Bank’s expansion in the Greater Lehigh Valley, complementing its existing commercial and consumer-lending presence in the market. With the addition of these branches and the recently opened and pending de novo locations, Community Bank will operate a total of 12 retail locations in the Greater Lehigh Valley, securing a top 5 market position, the bank said.

About Community Financial System

Community Financial System is a financial-services company that is focused

A ribbon cutting at the Liverpool branch of Community Bank (NYSE: CBU) from earlier in 2025. On Monday, Nov. 10, the bank announced it had completed its acquisition of seven branches of a bank in the Allentown, Pennsylvania area.

PHOTO CREDIT: COMMUNITY BANK

on four main business lines that include banking, employee benefits, insurance, and wealth-management services.

Its banking subsidiary, Community Bank, is among the country’s 100 largest banking institutions with more than $16 billion in assets. It operates about 200 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts.

The company’s Benefit Plans Administrative Services, Inc. subsidiary is a provider of employee-benefits administration, trust services, collective investment-fund administration, and actuarial-consulting services to customers on a national scale.

The company’s OneGroup NY, Inc. subsidiary is a top 68 U.S. insurance agency, n the company noted.

New STEM fellowship program at the MOST has Micron support

BY ERIC REINHARDT ereinhardt@cnybj.com SYRACUSE — It’s a program designed to “inspire and support the next generation of innovators” in Central New York.

The Micron Teacher Fellowship at the Milton J. Rubenstein Museum of Science & Technology (MOST) is a hands-on STEM program. STEM is short for science, technology, engineering, and mathematics.

The MOST and the Micron Foundation announced its launch on Oct. 30.

The Micron Foundation is the philanthropic arm of Boise, Idaho–based Micron Technology, Inc. (NASDAQ: MU), which plans to build a massive semiconductor-manufacturing campus at the White Pine Commerce Park along Route 31 in the town of Clay.

The new initiative is a first of its kind for the Central New York (CNY) community and made possible by a $100,000 grant from the Micron Foundation, the MOST said in its announcement. It will pay for year-long fellowships for two Central New York STEM educators.

Fellows will deliver programming and provide support in the areas of semiconductor and STEM education at K-12 schools, MOST programs and exhibits, and other key community events. They will also continue in their full-time positions with area school districts during the course of their fellowship.

“This is a transformational moment for STEM education in our region,” Lauren Kochian, president of the MOST, said in the museum’s announcement. “These fellowships will help us reach more students

and deliver unforgettable experiences that make STEM come alive around their communities, and within the walls of the MOST. We’re thrilled to expand our partnership with Micron on this groundbreaking initiative.”

Inaugural fellows

The program’s inaugural fellows — Alexis Williams from Syracuse and Brian Heffron from Clay — were selected for their leadership in STEM education and their “commitment to inspiring the next generation of innovators in CNY.” Williams is a technology educator at North Syracuse Central School District, where she has led hands-on STEM and robotics instruction for middle and highschool students. Williams has played a key role in developing curriculum for the Advanced Technology Framework, a “ground-breaking” curriculum-development partnership between Micron and educators’ unions that aims to broaden STEM and career and technical-education offerings in New York state, the MOST said.

Williams holds a bachelor’s degree in technology education from SUNY Oswego and a master’s degree in curriculum development and instructional technology from SUNY Albany.

Formerly an instructor and principal at Oswego County P-TECH, Heffron is the administrator of workforce development and community relations at CiTi BOCES, where he leads county-wide STEM and workforce-readiness initiatives.

With more than 14 years of experience in career and technical education, he has developed numerous STEM programs for local K-12 students. Heffron holds degrees from Middle Tennessee State

The Milton J. Rubenstein Museum of Science & Technology (MOST) in Syracuse and the Micron Foundation on Oct. 30 announced the Micron Teacher Fellowship.

CNYBJ FILE PHOTO CREDIT: ZOEYADVERTISING.COM

University, the College of Saint Rose, and Le Moyne College, and is also certified as a New York State School District Leader.

“Micron’s partnership with the MOST, which began in 2023, has already introduced semiconductors and advanced manufacturing in an engaging and accessible way to tens of thousands of Central New York students,” April Arnzen, executive VP and chief people officer at Micron and president of the Micron Foundation, said in the MOST announcement. “This new fellowship program will afford young people in the region even more opportunities to learn, explore, and see a future for themselves in the semiconductor industry by engaging with leaders already known in the academic community.”

The fellowship expands the growing partnership between Micron and the MOST and reflects a shared mission to prepare students for careers in the rapidly expanding semiconductor in-

dustry in Central New York. Most notably, the 1,500-square-foot interactive DECONSTRUCTED exhibit presented by Micron is a guide through the hidden world of microchips and how they power the world around us.

The MOST and Micron also have partnered to present programming such as Micron’s Going Tech and Chip Camp offerings for area children.

“This fellowship program is about making STEM both exciting and accessible [relatable] for young people in Central New York,” Rosita Najmi, head of global social impact and community engagement at Micron, and executive director of the Micron Foundation, said in the announcement. “We want students to see themselves in these STEM careers, and we believe the MOST, and these local, trusted and seasoned educators and subject matter experts are the ideal partners to make n that vision a reality.”

4 I

THE CENTRAL NEW YORK BUSINESS JOURNAL I NOVEMBER 17, 2025

CNYBJ.COM

Area private schools to receive funds for on-campus projects Recipients include Syracuse, Le Moyne, Cornell

BY ERIC REINHARDT ereinhardt@cnybj.com ALBANY — State funding for on-campus projects is coming to 35 private colleges and universities, including Syracuse University, Le Moyne College, Cornell University, and Clarkson University.

The state awarded a total of $49 million through the Higher Education Capital Matching Grant Program (HECap). The funding supports projects that will upgrade facilities, create modern laboratory and research spaces, and invest in instructional technology and equipment, the office of Gov. Kathy Hochul said in the Oct. 24 announcement.

When combined with the colleges’ matching funds, more than $195 million will be invested in New York’s

higher-education communities through this round of awards.

The awards are “ensuring that New York’s higher education institutions remain at the forefront of innovation and opportunity,” Hochul’s office said.

Funding awards

With its announcement, the state provided a list of all the schools that were awarded, the dollar amounts, and how the schools will use the grant awards.

The state awarded Syracuse University more than $1.5 million for renovations to Grant Auditorium including upgrades to its technology and the heating, ventilation, and air conditioning system.

Cornell University in Ithaca will use its $1.75 million award for renovations to its library.

The state awarded Clarkson University in Potsdam $5 million for the first phase of renovations to the Engineering and Science Complex.

Hobart and William Smith Colleges in Geneva will use

Syracuse University is among the private colleges and universities statewide that were awarded matching grants from New York State for on-campus projects.

CNYBJ FILE PHOTO CREDIT: ZOEYADVERTISING.COM

a $5 million award for the construction of a new science building and adjacent science facilities.

In addition, LeMoyne College in Syracuse will use an award of more than $611,000 for the purchase of technology equipment.

Keuka College will use more than $60,000 to help pay for the purchase of furniture and equipment, including the purchase of a vehicle.

The state awarded Alfred University in Alfred more than $198,000 for the purchase of equipment for the Saxon Hill Athletics Complex. n

Upstate Neurological Institute brings experts together under one roof

BY ERIC REINHARDT ereinhardt@cnybj.com SYRACUSE — Upstate Medical University says the new Upstate Neurological Institute brings “all of its brain and nervous system experts together under one roof.”

It’s located on the second floor of the Upstate Health Care Center at 90 Presidential Plaza in Syracuse. Nearly 50 physicians, all members of the Upstate Medical University faculty, serve the Institute.

The new Neurological Institute streamlines care, improves patient access to specialists, and enhances collaboration between neurologists and neurosurgeons on complex cases, Upstate contends. By housing these experts together, Upstate aims to deliver the region’s “most advanced and

coordinated” neurological care.

The Institute is also expected to boost recruitment of top neurosurgeons and neurologists while “elevating Upstate’s national and international profile,” the organization stipulates.

“Bringing neurology and neurosurgery together in one coordinated, collaborative environment allows us to deliver the full spectrum of brain-health care — from diagnosis through surgery to recovery — with continuity, clarity and speed,” Dr. Luis Mejico, chair of neurology at Upstate Medical University, said in the announcement.

Under the new configuration, neurosurgery has relocated from several sites across campus to join neurology in a newly renovated space spanning more than 20,000 square feet. The facility doubles the num-

Upstate Medical University officials cut the ribbon on the Upstate Neurological Institute.

PHOTO CREDIT: UPSTATE MEDICAL UNIVERSITY

ber of exam rooms — from 23 to 49 — and includes a modern nursing unit, physician offices, and dedicated telehealth suites for patients who face travel challenges.

In addition to neurosurgical and neurological services, the Upstate Neurological Institute also offers on-site services such as physical and occupational therapies, social work, genetics, and respiratory services.

The Neurological Institute also includes the Upstate Comprehensive Stroke Center

and the regional Telestroke Network, which supports stroke care at a dozen hospitals across New York.

“The creation of this Institute signals to patients that Upstate offers a true one-stop shop for neurological care — with an integration of services not found anywhere else,” Dr. Robert Corona, CEO of Upstate University Hospital, said. Corona also serves as the John B. Henry Professor of Pathology and senior associate dean of the Norton College of Medicine. n

Hartwick provost to become school’s next president in July 2026

BY ERIC REINHARDT ereinhardt@cnybj.com ONEONTA — The VP for academic affairs and provost at Hartwick College in Oneonta will become the school’s 13th president in mid-2026.

The college’s board of trustees on Nov. 10 said it chose Laurel Bongiorno, who will assume the presidency on July 1, 2026.

Bongiorno will succeed James Mullen, Jr., who has Bongiorno served as Hartwick’s interim president since 2023.

Under Mullen’s leadership, Hartwick College has continued to make strides in enrollment and retention, academic program development and philanthropy, the school said.

In her current role since 2022, Bongiorno has provided overall academic leadership for Hartwick, working with the president, faculty, and senior leadership to advance institutional priorities, the college said.

Her portfolio includes the Office of Academic Affairs, the Stevens-German Library, the Student Success and Career Center, the Griffiths Center for Collaboration and Innovation, the Center for Global Education, the Pine Lake campus, the Office of Institutional Research and Effectiveness, the Office of the Registrar, and the Yager Museum of Art and Culture, per the Hartwick announcement.

“President-elect Bongiorno is an exceptional leader whose integrity and deep understanding of the Hartwick experience make her uniquely qualified to guide

the College into its next chapter,” Kathy Fallon, chair of the Hartwick College board of trustees, said in the announcement. “She has been instrumental in strengthening our academic programs, enhancing student success and advancing the innovative Life Balance College model that defines Hartwick’s future. The board is confident that under her leadership, Hartwick will continue to thrive.”

Under Bongiorno’s leadership, Hartwick has launched eight new majors and six minors; restructured academic departments; and strengthened collaborative, data-informed planning across academic affairs.

She has also enhanced budget-stewardship practices, led college-wide efforts to improve student success and retention, and “fostered a culture of shared governance and transparency through the intro-

duction of appreciative inquiry principles,” Hartwick said.

“I am deeply honored and humbled to serve as Hartwick’s next president,” Bongiorno said. “Hartwick College is a remarkable community, defined by its commitment to students, its dedication to academic excellence and its belief that education can transform lives. I am inspired every day by the collaboration and care that define this campus. I look forward to continuing to work alongside our faculty, staff, students, alumni and friends to build on Hartwick’s strong foundation and exciting trajectory.”

Before joining Hartwick, Bongiorno spent more than two decades at Champlain College in Burlington, Vermont, where she held key leadership roles, including dean of the Division of Education and Human Studies and dean of the Stiller n School of Business.

I 5

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

CNYBJ.COM

Renzi estate donates $12M to CNY Community Foundation Donation to benefit Cortland County nonprofits

BY ERIC REINHARDT ereinhardt@cnybj.com HOMER — The estate of Nicholas and Agnes Renzi of Cortland has donated $12 million to the Central New York Community Foundation (CNYCF).

The bequest will combine with their lifetime giving fund to create two endowed funds at the Community Foundation, ensuring charitable support for Cortland County residents continues for generations.

The Nicholas and Agnes Renzi Charitable Fund will provide lasting support to the couple’s favorite nonprofits.

The larger Nicholas & Agnes Renzi Fund for Cortland County, totaling more than $14 million, will expand the Community Foundation’s Community Grants program into Cortland County for the first time.

“Nick and Agnes believed deeply in giving back to the community that became their home,” Melanie Littlejohn, president and CEO of the Central New York Community Foundation, said in the announcement. “Their generosity will empower nonprofits in Cortland County to create lasting change. We are honored to steward their legacy and ensure their impact continues in perpetuity.”

CNYCF announced the bequest on Nov. 7 at the Homer Center for the Arts.

About the Renzis

The late Nicholas and Agnes Renzi PHOTO SUBMITTED BY CNY COMMUNITY FOUNDATION

Nicholas and Agnes Renzi moved to Cortland in 1971. Nicholas, who was born and raised in the Bronx, was a scholarship student at City College of New York and later earned a master’s degree in mechanical engineering from Columbia University.

His career with Pall Corporation spanned decades, where he advanced to senior VP, overseeing operations in Cortland and Puerto Rico.

New IAED leader begins duties in January

BY ERIC REINHARDT ereinhardt@cnybj.com ITHACA — Ithaca Area Economic Development (IAED) describes its next president as someone who brings more than three decades of economic-development experience across the U.S. and a “proven track record of attracting business investment” to the role.

IAED on Nov. 4 announced it has selected Kurt Foreman to lead the organization beginning in January 2026. Foreman has been leading the Delaware Prosperity Partnership (DPP) as president and CEO since 2018.

Foreman assumes the role that Heather McDaniel previously held before she Foreman stepped down from IAED on March 31. McDaniel is now serving as chief economic-development officer at the Center for Economic Growth in Albany.

“We are thrilled to welcome Kurt to Ithaca, Tompkins County, and IAED,” Jodi Lee Denman, chair of the IAED board of directors, said in the announcement. “His proven experience and leadership ability will help guide our organization as we continue to evolve and bolster the local economy.”

The IAED chose Foreman after a national search led by Jorgenson Pace — a search firm specializing in economic development, community development, and nonprofit organizations — and guided by a search committee chaired by former board

member Greg Hartz, the IAED said.

“After a comprehensive search process, Foreman emerged as the ideal candidate to lead IAED into its next chapter,” Hartz said. “His strategic vision, collaborative approach, and proven ability to deliver results make him perfectly suited to advance economic development in Tompkins County and regionally.”

Under Foreman’s leadership, DPP attracted more than $3.5 billion in capital investment and supported the creation or retention of 11,000 jobs while strengthening Delaware’s business community and entrepreneurial ecosystem.

His experience also includes economic-development leadership roles in Oklahoma, Louisiana, Pennsylvania, Wisconsin, and the Washington D.C. metro area. Foreman is also a “proficient” site selector, well versed in supporting companies with their location and expansion decisions, the IAED said. He was also formerly an executive recruiter with a global search firm supporting senior-level placements across industries.

“I’m excited to relocate to Tompkins County and join the highly competent IAED team,” Foreman said. “I look forward to supporting this vibrant community by helping businesses grow, thrive, and create quality employment through smart partnerships and innovative solutions. There’s so much energy here, and I can’t wait to get started.”

A graduate of Franklin & Marshall College, Foreman earned his master’s degree in business from Wake Forest n University.

Cortland Collective Impact Initiatives is the home of the Access to Arts Cortland and Room to Grow Cortland projects, per its Facebook page. It’s a nonprofit organization that could benefit from a multi-million donation by the Renzi estate to the Central New York Community Foundation.

PHOTO SUBMITTED BY CNY COMMUNITY FOUNDATION

Nick, who passed away earlier this year, directed in his will and estate plan that the Community Foundation serve as the steward of their charitable legacy.

Agnes, who predeceased Nick in 2020, was a certified braille transcriber, dedicating thousands of volunteer hours over two decades to making literature accessible for blind children.

Grantmaking expansion

The Community Foundation’s Community Grants program traditionally

supports innovative projects in Onondaga and Madison counties targeting arts and culture, civic affairs, education, health, human services and the environment.

In 2024, more than $2 million was awarded through this program, CNYCF said.

Beginning in fall 2026, Cortland County nonprofits will be eligible to apply for Community Grants ranging from $10,000 to $150,000, with about $600,000 available SEE DONATION, PAGE 14 4

CNY BUSINESS JOURNAL

FAMILY BUSINESS AWARDS

Join onthe December 3rd Join usus for 2025 Family at SKY Armory to celebrate the Business Awards as we recognize 2025 Family Business Honorees, thisDave year’s honorees! including Schneckenburger as

the Family theARMORY Year!

DECEMBER 3RDBusiness - 8:30AM -Leader 10:30AM of - SKY

Tickets are on sale now at bizeventz.com

SPECIAL REPORT:

MANUFACTURING/HIGH-TECH/INCUBATORS

Officials cut the ribbon on the expansion of Tech Farm II at the Cornell Agriculture and Food Technology Park in Geneva.

PHOTO CREDIT: EMPIRE STATE DEVELOPMENT

Tech Farm II expansion wraps up at Cornell Agriculture and Food Technology Park in Geneva

BY ERIC REINHARDT ereinhardt@cnybj.com GENEVA — Crews have completed their work on the expansion of Tech Farm II at the Cornell Agriculture and Food Technology Park in Geneva.

The project doubles the park’s current capacity and further bolsters food, beverage, and agricultural innovation in the Finger Lakes, Empire State Development (ESD) announced on Nov. 5.

Tech Farm II offers 20,000 square feet of customizable manufacturing and ancillary space for food and agriculture businesses. It’s designed for research, product development, and small-scale manufacturing, ESD said.

In addition to providing “badly needed” manufacturing and food-processing space for businesses accessing the

resources of Cornell AgriTech, the new facility will additionally provide space for onsite companies that have outgrown the CAFTPC’s existing incubator facility.

The new building is the third facility at the 72-acre park, joining the original 20,000-square-foot Tech Farm incubator building and Finger Lakes Community College’s Viticulture and Wine Center.

Located adjacent to Cornell AgriTech, the facilities are part of an ecosystem of world-renowned research and resources, providing a focused environment for startups and established businesses to grow, ESD said. The Technology Farm opened in 2005, and to date has assisted more than 40 current and former tenants to launch and grow their businesses, it added.

“The current Tech Farm has been at or near capacity since it opened in 2005, demonstrating the need for this

much-anticipated expansion,” Michael Manikowski, chairman of CAFTPC, said in the ESD announcement. “Tech Farm II will bring new jobs to the region and provide upand-coming businesses with the tools they need to thrive.

We’re excited to usher in a new era of food and agriculture innovation and economic development in the Finger Lakes.”

ESD supported the project with a $1.4 million grant.

The project received federal funding, along with support from the City of Geneva, the Ontario County Economic Development Corporation, and other private financing.

The total project cost was placed at $3.5 million, ESD said.

The CAFTPC is one of 20 New York State-certified business incubators, allowing for additional resources for tenant and member companies and a greater impact on the food and agriculture industries across the Finger Lakes region, per the announcement. n

NO MIDDLEMAN. JUST RESULTS. ADVERTISE DIRECTLY ON CNYBJ.COM >> VISIT CNYBJ.COM/DISPLAY-ADS

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

MANUFACTURING/HIGH-TECH/INCUBATORS

I 7 CNYBJ.COM

PAR Technology posts narrower net loss in third quarter

BY ADAM ROMBEL arombel@cnybj.com NEW HARTFORD — PAR Technology Corporation (NYSE: PAR) recently reported a net loss of nearly $18.2 million for the third quarter ending Sept. 30.

It was a narrower loss than the more than $19.8 million loss (or almost $20.7 million for continuing operations only) that the New Hartford–based company posted in the third quarter of 2024.

PAR Technology reported a net loss per share of 45 cents in this year’s third quarter, compared to 56 cents in the year-ago earnings period, or 58 cents for continuing

operations.

Total net revenues at PAR Technology rose 23 percent to nearly $119.2 million in the latest quarter from $96.75 million in the third quarter of 2024. Subscription service revenues increased to almost $74.8 million from $59.9 million, while hardware revenues went up to $29.9 million from $22.65 million.

“PAR continues to scale our business as [annual recurring revenue] approaches $300 million and [total] revenues in the quarter increased by 23 percent from Q3 last year. We continue to feel confident

in our ability to grow our revenue base well above our market, while making progress on large tier 1 deals, all while maintaining strong financial discipline,” PAR Technology CEO, Savneet Singh said in PAR’s Nov. 6 earnings report. “In Q3 we launched PAR AI, a new intelligence layer embedded directly into the PAR product Suite. PAR AI delivers real-time intelligence across the restaurant tech stack without the need for extra apps or training. We expect our ability to utilize AI along with our ‘Better Together’

multi-product strategy will drive better outcomes for enterprise customers and allow us to win new market share and increase [average revenue per user] with existing customers.”

PAR Technology is a food-service technology provider, whose products and services include point-of-sale, digital ordering, loyalty, back-office, payments, and hardware. The company says its solutions help restaurant and retail clients to streamline operations, drive higher engagement, and strengthen guest experiences.

PAR’s stock price was down more than 45 percent year to date through Nov. 11, and off 48 percent over the last year. n

The Agency starts planning process for manufacturing workforce-training center

BY ERIC REINHARDT ereinhardt@cnybj.com DICKINSON — The Broome County Industrial Development Agency (The Agency) on Nov. 12 issued a request for qualifications and proposals (RFQ/RFP) to plan the creation of a regional advanced manufacturing workforce-training center.

The Agency describes it as a “first-ofits-kind facility designed to strengthen the Southern Tier’s growing innovation and manufacturing economy.”

The proposed hub in the greater Binghamton area will serve as the cornerstone of a regional workforce network preparing residents for high-demand careers in advanced manufacturing. The effort aligns with major state and federal initiatives such

RFQ / RFP details The Agency issued the RFQ/RFP on Nov. 12 and says questions are due

by Dec. 10 at 5 p.m. Any request is due Dec. 17 at 5 p.m.

The tentative interview date is set for Jan. 5, 2026, and the tentative award date is Jan. 9, 2026.

The full RFQ/RFP is available at www.theagency-ny.com.

as the federal tech hub for battery innovation and the Smart corridor supporting advanced electronics in New York State.

“Providing access to foundational skills is essential for preparing the next generation of talent for meaningful careers,” Stacey Duncan, CEO of The Agency and the Greater Binghamton Chamber of Commerce, said. “We’re grateful to Governor Hochul for her continued commitment to strengthening workforce development across New York. With collaboration from state and community partners, this center will ensure people in our community can step into the industries shaping the state’s future, keeping the Southern Tier competitive and innovative.”

The center will focus on offering resources, particularly for those unemployed or underemployed. They include the provision of foundational technical training, credentialing, and essential skills development, while offering wraparound supports that could include financial literacy and other services to “remove barriers to participation.”

It’s described as a plan modeled in part after the Northland Workforce Training Center in East Buffalo.

The Agency will focus on one property in particular for its analysis — the former Titchener manufacturing building on Clinton Street in the city of Binghamton.

The Agency, located at 5 South College Drive in the town of Dickinson, has issued a request for qualifications and proposals for a regional advanced manufacturing workforce-training center.

ADAM ROMBEL / CNYBJ FILE PHOTO

The long-term plan will be to expand into a regional network of workforce centers throughout the Southern Tier, including Elmira/Corning, Ithaca, and the eastern portion of the region in areas like Norwich and Delhi.

The initiative comes as major manufacturers expand across the region. They include Amphenol Aerospace, BAE Systems, Toyota Raymond, Siemens Mobility, Alstom, Corning, CAF USA, Lockheed Martin, and Universal Instruments — creating thousands of new jobs requiring specialized technical skills.

Funding for this initiative comes from the Agency and Empire State Development,

PACKAGING THAT’S PART OF EVERYDAY LIVES.

Your local resource for all things corrugated, from strategic design and printing to assembly and fulfillment.

bcipkg.com

LAKESIDE | ROCHESTER | SYRACUSE

which has provided $150,000 in planning funds to match the Agency’s contribution.

“This is about designing a workforce system that works for everyone — employers and jobseekers alike,” Omar Sanders, regional director of Empire State Development’s Southern Tier office, said.

“The Southern Tier is positioned to lead the state in advanced manufacturing and clean energy workforce readiness.”

The planning process is supported by the Agency and the Upstate Revitalization Initiative, with a project budget of $300,000.

The selected consultant will create a roadmap for facility design, curriculum development, partnerships, and long-term operations. n

8 I

MANUFACTURING/HIGH-TECH/INCUBATORS

THE CENTRAL NEW YORK BUSINESS JOURNAL I NOVEMBER 17, 2025

CNYBJ.COM

ANDRO wins patents in cyber/ electromagnetics technologies

BY JOURNAL STAFF news@cnybj.com ROME — The United States Patent Office recently awarded ANDRO Computational Solutions, LLC of Rome two utility patents in the area of wireless cyber, command/ control, and communications networking that exploits novel radio frequency machine learning operations (RFMLOps) technologies.

The patented invention, titled, “Radio Frequency Fingerprinting Using Attentional Machine Learning” (U.S. Patent No. 12,369,038) applies artificial intelligence / machine learning (AI/ ML) to enhance identification techniques associated with a radio frequency (RF) transmission by computing a specialized parameter using “attentional-AI” to predict the type of RF electronic source, ANDRO said in an Oct. 1 announcement.

Attentional-AI has direct implications in identifying and discriminating among an array of disparate RF devices in use and isolating anomalies or determining potential cyber threats that may be pres-

ent, the company notes. This fingerprinting method captures, processes, and classifies RF electronic signals existing in complex electromagnetic operational environments with increased efficiency and accuracy providing benefits to tactical battlespace awareness with applicability to improving electromagnetic radio spectrum situational awareness in commercial wireless applications.

The second patent, called “Authentication of Device In Network Using Cryptographic Certificate” (U.S. Patent No. 12,425,391) is applicable to networks of interconnected devices distributed over a geographical area — also known as Internet of Things (IoT) networks — to enhance data collection and environmental awareness, autonomous operations, coexistence, command, and/ or mission security controls, according to ANDRO. The method employs a novel distributed authentication with network segmentation and dynamic authorization techniques. The patented technology can be used with IoT devices operating in physically unprotected en-

The headquarters of ANDRO Computational Solutions, LLC in Rome.

PHOTO CREDIT: ANDRO

vironments that may pose a higher risk of security attacks such as counterfeiting, communication channel “sniffing,” eavesdropping, identity spoofing, and even credential theft. The patented invention further exploits novel methods of ensuring the identity and authenticity of the IoT network devices and appropriate authorization for accessing network resources.

ANDRO says it continues to leverage its growing portfolio of patents and mil-

itary heritage of products to expand its operations. The independently-owned, Rome–based company, founded in 1994, provides research, engineering, and technical services to defense and commercial industries. ANDRO focuses on research, development, and application of advanced computer software and hardware solutions in the joint communications, command, control, cyber, and computing (C5) space for intelligence, surveillance, and reconnaissance applications. n

SUNY-NY Creates Technology Innovation Institute to advance chip research

BY ERIC REINHARDT ereinhardt@cnybj.com ALBANY — It’s an effort that seeks to bolster future semiconductor research and workforce development.

The new SUNY-NY Creates Technology Innovation Institute (TII) will support New York State’s leadership in “next generation semiconductor innovation by leveraging the world-class infrastructure at NY Creates’ Albany NanoTech Complex so leading faculty researchers across SUNY’s four university centers can connect directly with experts from the industry consortia partners on site,” per the SUNY announcement.

SUNY Chancellor John King, Jr. announced the launch of TII on Oct. 30.

“The SUNY - NY Creates Technology Innovation Institute will bring the best in higher education and industry together to help inspire the next generation of researchers and professionals,” King contended. “The Institute will benefit industry leaders who make New York their home as well as our extraordinary faculty who are leading groundbreaking research and preparing the next generation of researchers and entrepreneurs.”

NY Creates describes itself as a “world-leading [research and develop-

ment (R&D)], innovation hub and commercialization facilitator in advanced digital, analog and power technologies,” per its website. It is the owner and operator of the nation’s “largest and most advanced” nonprofit semiconductor R&D facility — the Albany NanoTech Complex, the website says.

TII, which was included in the 2025 State of the University Policy Agenda, will work to establish a TII SUNY Corridor, which includes SUNY’s university centers and aligns with New York State’s growing semiconductor corridor.

It also seeks to create a TII postdoctoral fellowship program and establish sustainable technology offerings. The goal is to offer access to semiconductor-wafer services and access to prototyping facilities at NY Creates, as well as opportunities for students to experiment and learn. Startup businesses will also get the chance to establish proof-of-concept initiatives in microelectronics design infrastructure in New York.

“Binghamton University is excited to partner with the SUNY-NY Creates Technology Innovation Institute to advance and enhance the work we are doing in semiconductors. I am proud of the groundbreaking work in this area being done by the faculty in the Thomas

Dave Anderson, president of NY Creates, speaks to the Technology Innovation Institute workshop group.

PHOTO CREDIT: NY CREATES WEBSITE

J. Watson College of Engineering and Applied Science,” Harvey Stenger, former president of Binghamton University, said.

“Providing opportunities for them to team up with other SUNY faculty and industry partners is essential for New York to cement its position as the global leader in semiconductor technology and for SUNY to open doors for students and graduates in this emerging field.”

As the SUNY-NY Creates TII ramps up in the first two years, SUNY and NY Creates will contribute nearly $4 million to initially support faculty-industry research projects through initial seed grants, which are expected to be awarded during the spring 2026 semester.

“As we initiate a pathway for The Technology Innovation Institute (TII)

strategic partnership, I am grateful for the Governor’s and Chancellor’s support of this effort, as we seek to strengthen academic-industry collaboration and drive innovation in semiconductor [research and development] and workforce development. The initiative builds on NY Creates’ partnership with SUNY, connecting world-class SUNY researchers with our global industry consortia partners,” Dave Anderson, president of NY Creates, said. “Additionally, it further opens the doors for students to gain access to the cutting-edge opportunities. We can work together to tackle industry-relevant challenges in semiconductor manufacturing and related technologies and facilitate a pipeline of skilled talent combined with n research opportunities.”

Sign up for the Central New York Business Journal’s Email News Alerts - Visit cnybj.com/email

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

MANUFACTURING/HIGH-TECH/INCUBATORS

I 9 CNYBJ.COM

At NBT Bank, our goal is to help you reach yours.

Our relationship managers provide the expert guidance and custom solutions it takes to help grow your business. Our local commitment builds strong, long-lasting partnerships that maximize your potential for success.

Capital & Treasury Management Solutions

Fraud Protection & Secure Banking Solutions

Local Perspective & Decision Making

Let our experienced Central New York commercial banking team create real opportunity for your business.

Michael Murphy, Ben Verrette, Jonathan Spilka, Austin French, Lori Teifke, Richard Driscoll, David Kavney, Michelle Corapi, Robert Markowski, Nicholas Petrovich, Robert Vertucci, Andrew March, Luke Fagan

www.nbtbank.com/syracuse

Member FDIC

10 I

MANUFACTURING/HIGH-TECH/INCUBATORS

THE CENTRAL NEW YORK BUSINESS JOURNAL I NOVEMBER 17, 2025

CNYBJ.COM

McMahon reacts to Micron’s delayed construction schedule

BY ERIC REINHARDT ereinhardt@cnybj.com CLAY — The timeline for construction of the fabrication (fab) facilities at Micron Technology Inc.’s (NASDAQ: MU) upcoming semiconductor campus in the town of Clay has been pushed back.

Construction on the first fab — which was previously anticipated to begin in the fourth quarter of 2025 and conclude in the second quarter of 2028 — is now expected to start in the second quarter of 2026 and extend to the third quarter of 2030.

The revised construction schedule is part of the final environmental impact statement, or FEIS, that the Onondaga County Industrial Development Authority (OCIDA) approved for the Micron project on Nov. 7. Micron is planning to build its semiconductor-manufacturing campus at the White Pine Commerce Park along Route 31.

The FEIS also indicates that “under the revised construction schedule, construction of Fab 2

would begin in Q4 of 2030 and end in Q4 of 2033 whereupon commencement of operations of Fab 2 would begin, instead of beginning in Q3 2028 and ending in Q4 2030.”

Even with the construction delay, the OCIDA approval means that Micron should be ready to break ground before the end of this year, pending approval of a finding statement, Robert Petrovich, executive director of OCIDA, said after the vote, per the website of Spectrum News 1.

Onondaga County Executive Ryan McMahon, a few hours after the OCIDA approval, issued a statement praising the vote and calling it a “truly monumental and tangible step forward” for the project and saying that Nov. 7 was “truly a day worth celebrating in Onondaga County and Central New York.”

However, later that afternoon, McMahon’s office said he’d be available to speak with reporters by phone from an out-of-town location.

“Obviously … a couple of changes in the environmen-

The final environmental impact statement, or FEIS, for Micron Technology Inc.’s (NASDAQ: MU) upcoming campus in the town of Clay indicated plans for a delay in the construction timeline.

IMAGE CREDIT: MICRON TECHNOLOGY WEBSITE

tal-impact statement, and the changes kind of reflect the reality of the industry. It is taking about three to four years to build a fab. If you look at what’s happened in Arizona [Taiwan Semiconductor Manufacturing Company, or TSMC]… and if you look at what’s happening with Micron in Boise, Idaho right now, and the company wanted to provide themselves flexibility, certainly, in the construction.

Full-scale construction will begin in December, and … in [2026] you’ll see … foundations and vertical construction. In ‘27, airtight, weather tight construction going through,” McMahon said.

He went on to say, “It would be great if this fab was operational in ‘28. The reality is … it can’t be built that fast, and so our goal is to make sure that this has an opportunity to be operational in ‘29, and I think the fab will be built in ‘29 and production will begin and hopefully we can expedite it if the company can advance and move faster.”

When asked what the county executive would say to the nay-sayers about the construction delay, McMahon replied, “This date in the environmental-impact statement is the reflection on the ability to build a fab. The construction is going to be going on the entire time. It’s just taking them longer to

build a fab. It’s that simple. There’s going to be a billion dollars invested in 2026 on that site … the largest private-sector investment in the history of our community, so the nay-sayers are wrong.”

Also, when asked if Micron had provided him an explanation for the construction delay, the county executive said, “Labor’s an issue; expertise building these fabs in the United States is new … these projects are just taking longer. It’s not news to us who live and breathe this process every day that they might want more time under their review to build it. That doesn’t mean they n can’t go faster.”

ASK THE EXPERT: How Registered Apprenticeship Can Solve Employers’ Workforce Challenges In today’s tight labor market, finding and retaining skilled workers is tough. Registered Apprenticeship offers a proven, flexible way for businesses to build the workforce they need — instead of competing for it.

Common Questions Employers Ask: Q: Talent shortages are everywhere. How can Registered Apprenticeship help?

A: Grow your own talent. Hire motivated individuals and train them in the exact skills your business needs.

Q: Turnover is costly. Will Registered Apprenticeship improve retention?

A: Yes. Apprenticeships provide clear career pathways, mentorship, and nationally recognized credentials, keeping employees engaged and reducing turnover.

Q: Recruiting and training are expensive. Can this save money?

A: Absolutely. Apprenticeships blend hands-on learning with related instruction, making employees productive while they train and reducing recruitment costs.

Scan the QR code to connect Human with Marketing an apprenticeship expert.

Resources

Coordinator

Connect with Amy Stage, MACNY Director of Apprenticeship & Workforce Development astage@macny.org | 315-474-4201 ext. 58

Discover how apprenticeship solutions can help you overcome your hiring challenges by visiting nysapprenticeship.org.

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

I 11

MANUFACTURING/HIGH-TECH/INCUBATORS

CNYBJ.COM

ASK THE EXPERT: TOP 5 IT INVESTMENTS IN 2026 TO DRIVE GROWTH

by Zachary Biancarelli Director of Sales - Managed IT

In recent years, “digital transformation” has meant investing in new tools, migrating to the cloud, and adapting to hybrid work. As we look ahead to 2026, the conversation will shift from adding technology to getting more out of it.

Many organizations will focus less on buying new systems and more on aligning what they already have with their business goals. Several key priorities are expected to emerge.

1. Making the Most of Cloud Investments By 2026, most businesses will have already moved major systems to cloud platforms. The next step will be ensuring those systems are secure, well-organized, and cost-effective.

Leaders will look to better manage access, reduce waste, and make sure teams are using the tools they already pay for to their full potential.

2. Strengthening Security and Reducing Risk Cybersecurity will remain a top concern, but the approach will become more proactive. Instead of reacting to threats, companies will focus on understanding where they’re most at risk and tightening policies, training, and oversight.

Regular security assessments and employee awareness programs will become standard practice for protecting data and reputation.

3. Improving Day-to-Day IT Operations Technology performance will continue to influence how employees work, and customers are served. Organizations will look for more consistent processes for maintaining systems, updating equipment, and keeping people productive, especially in hybrid environments where work happens everywhere.

4. Building Business Resilience With more operations depending on technology, leaders will place a stronger emphasis on business continuity. Reliable data backup, clear recovery plans, and regular testing will help ensure that unexpected disruptions, whether from outages or cyber incidents, don’t derail productivity or client trust.

5. Connecting IT Strategy with Business Strategy Finally, digital transformation will increasingly become a boardroom conversation.

Leadership teams will look for clearer roadmaps, measurable outcomes, and regular check-ins with technology advisors to ensure that IT decisions align with long-term business priorities.

In 2026, digital transformation won’t be defined by how much technology an organization has, but by how effectively it uses it to work smarter, serve clients better, and stay resilient in a changing world.

1005 WEST FAYETTE ST SYRACUSE, NY 13204 315.472.0050 | USHERWOOD.COM

I 12

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

CNYBJ.COM

THE LIST

NURSING PROGRAMS SERVING CNY Listed Alphabetically Name Address Rank Phone/Website Bill and Sandra Pomeroy College of Nursing at Crouse Hospital 5000 Brittonfield Parkway, B201 East Syracuse, NY 13057 (315) 470-7481/crouse.org/nursing Binghamton University Decker School of Nursing P.O. Box 6000 Binghamton, NY 13902 (607) 777-2000/dson.binghamton.edu Cayuga Community College 197 Franklin St. Auburn, NY 13021 (315) 255-1743/cayuga-cc.edu Elmira College Nurse Education Program One Park Place Elmira, NY 14901 (607) 735-1890/elmira.edu Empire State University 113 West Ave. Saratoga Springs, NY 12866 (518) 587-2100/https://sunyempire.edu/ admissions-and-aid/nursing-admissions/ index.html Jefferson Community College Dept. of Nursing 1220 Coffeen St. Watertown, NY 13601 (315) 786-2340/sunyjefferson.edu Keuka College 141 Central Ave. Keuka Park, NY 14478 (315) 279-5000/keuka.edu

.

Spring 2025 Nursing Enrollment 225

Tuition Costs: Undergraduate1 — Graduate1 $520

Nursing Dept. Faculty 28

Nursing Degrees Offered: Undergraduate — Graduate AAS nursing — N/A

Nursing Program Director Patricia Morgan, Dean

.

N/A

$295 — in-state $471 for MS or PhD; $1,068 for DNP

N/A

.

N/A

$227

N/A

.

N/A

$510

N/A

.

46

$295 — $471

N/A

.

N/A

$236

N/A

.

99

$19,646.00 per semester — $1052.00 per credit hour

3

.

Le Moyne College 1419 Salt Springs Road Syracuse, NY 13214 (315) 445-5435/lemoyne.edu

N/A

N/A — FNP $1,070; DNP $1,070

N/A

.

Mohawk Valley Community College 1101 Sherman Drive Utica, NY 13501 (315) 792-5400/mvcc.edu Morrisville State College Division of Nursing P.O. Box 901 Morrisville, NY 13408 (315) 684-6016/morrisville.edu Onondaga Community College Dept. of Nursing 4585 W. Seneca Turnpike Syracuse, NY 13215 (315) 498-2360/sunyocc.edu St. Elizabeth College of Nursing 2215 Genesee St. Utica, NY 13501 (315) 801-8253/secon.edu

N/A

$224

N/A

N/A

$295

N/A

AAS nursing, RN to BS — N/A

Kristen Peck-Sanford, Division Chairperson

1965

120

$225

10

AAS Nursing — N/A

David Furney, Dean of Health & Technology

1967

138

N/A

AAS nursing — N/A

Kimberly Panko, President

1904

St. Joseph's College of Nursing 206 Prospect Ave. Syracuse, NY 13202 (315) 448-5040/sjhcon.edu

N/A

estimated costs for the two-year program is under $41,000, includes tuition, fees, uniforms, and required textbooks $630

1898

of Nursing . Department P.O. Box 1017

SUNY Broome Community College,

N/A

$243

N/A

.

Binghamton, NY 13902 (607) 778-5062/sunybroome.edu SUNY Canton 34 Cornell Drive Canton, NY 13617 (315) 386-7123/canton.edu

AAS nursing, dual-degree partnership Andrew Wolf, Dean in nursing with Le Moyne College, accelerated dual-degree partnership in nursing with Le Moyne College — N/A AAS Nursing Kim McLain, Dean of Health — Sciences N/A

158

$295

14

1966

SUNY Polytechnic Institute College of Health Sciences Utica, NY 13502 (315) 792-7295/sunypoly.edu

N/A

$295 — $471

N/A

SUNY Upstate Medical University

N/A

BS, full-time (two semesters, $7,070) — MS: $11,310 (full time per year); DNP: $25,620 (full time per year)

N/A

Practical Nursing Certificate, Nursing Doreen Rogers, Associate AAS, Nursing RN-BS, Nursing Dual Dean of Nursing Degree AAS/BS — N/A BS nursing (RN to BS in nursing; Mark J. Kittleson, Dean, 1+2+1 program with St. Elizabeth College of Health Sciences College of Nursing) — MS Family Nurse Practitioner, MS Nursing Education, DNP with specialization in Psychiatric Mental Health Nurse Practitioner BS, Doctor of Nursing Practice (DNP), Tammy Austin-Ketch, Dean Family Nurse Practitioner (MS), and Professor Family Psychiatry/Mental Health Nurse Practitioner (MS), Adult Geriatric Nurse Practitioner (MS) — BS to DNP; Post-Master's DNP; Post Graduate Advanced Certificate; MS. Doctor of Nursing Practice (DNP), Family Nurse Practitioner (MS), Family Psychiatry/Mental Health Nurse Practitioner (MS), Adult Geriatric Nurse Practitioner (MS) AAS nursing Melissa Schmidt, Chair — N/A

. . . .

.

of Nursing . College 750 E. Adams St.

Syracuse, NY 13210 (315) 464-4570/upstate.edu/con

Tompkins Cortland Community

N/A

Dept. of Nursing . College 170 North St.

159

$236

20

.

N/A

$530, $912 — $1,028

N/A

Dryden, NY 13053 (607) 844-8211/tc3.edu Utica University Dept. of Nursing 1600 Burrstone Road Utica, NY 13502 (315) 792-3396/utica.edu/academic/hhs/ nursing

BS nursing; RN to BS (online) Mario R. Ortiz, Dean and — Professor MS Nursing; DNP; Ph.D.; advanced certificates in nursing education, disaster management, forensic health AAS nursing Jennifer Nichols, Division — Chair N/A

Year Program Estab.

1913

BS in nursing — N/A

1968

1974

Dr. Milissa Volino, Associate Professor of Nurse Education, Director of Nurse Education

1979

RN to BSN in Nursing Bachelor in Rebecca Hegel, Department Science in Allied Health Chair — MS in nursing education; MS in nursing administration; RN to MS in nursing AAS nursing Kady Hoistion, Director of — Nursing N/A

2007

BS Nursing BS Nursing (RN to BS Beth Russo, Program Completion) Director — Adult Gerontology Primary Care Nurse Practitioner BS Nursing Cathy Brownell, Chair of — Nursing Department and MS nursing: family nurse practitioner Professor (FNP) Doctor of Nursing Practice: Family Nurse Practitioner (DNP) AAS nursing Melissa Copperwheat, Dean — of the School of Health and N/A Sciences

BS nursing, RN to BS nursing, ABSN James Monahan, — Traditional Nursing Program MS Family Nurse Practitioner; MS Director Nursing Education; MS. Nursing Leadership

Research by Vance Marriner vmarriner@cnybj.com (315) 579-3911 @cnybjresearch

1969

1943

2004

1946

Upcoming Lists November 24 Commercial Real-Estate Firms December 8 Ski Resorts

FOOTNOTE All tuition figures are per credit hour and in-state (where applicable) unless otherwise specified.

1967

1974

1984

1969

1985

DID YOU GET LEFT OFF OF THE LIST? EMAIL VMARRINER@CNYBJ.COM TO SUBMIT YOUR COMPANY’S INFORMATION

ABOUT THE LIST Information was provided by representatives of listed organizations and their websites.

Other groups may have been eligible but did not respond to our requests for information.

Organizations had to complete the survey by the deadline to be included on the list.

While The Business Journal strives to print accurate information, it is not possible to independently verify all data submitted. We reserve the right to edit entries or delete categories for space considerations.

The geographic scope of this list encompasses Broome, Cayuga, Chemung, Chenango, Cortland, Delaware, Herkimer, Jefferson, Lewis, Madison, Oneida, Onondaga, Oswego, Otsego, St. Lawrence, Seneca, Steuben, Tioga, Tompkins, and Yates counties.

WANT TO BE ON THE LIST?

If your company would like to be considered for next year’s list, or another list, please email: vmarriner@cnybj.com

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

The Central New York

BUSINESS JOURNAL Digital I Print I Events I Data NOVEMBER 17, 2025 VOL. XXXVIII, NO. 41

NEWS EDITOR-IN-CHIEF Adam Rombel arombel@cnybj.com STAFF WRITER Eric Reinhardt ereinhardt@cnybj.com CREATIVE DIRECTOR Erin Zehr ewebb@cnybj.com RESEARCH DIRECTOR Vance Marriner vmarriner@cnybj.com COLUMNISTS Russell Gloor Lee Hamilton Bill Hammond

SALES Kelly Bailey kbailey@cnybj.com

CIRCULATION CIRCULATION MANAGER Raviv Nesher (315) 579-3927 circulation@cnybj.com

ADMINISTRATIVE PUBLISHER Marny Nesher mnesher@cnybj.com OFFICE MANAGER Patty Martino officemanager@cnybj.com

The Central New York Business Journal (ISSN #1050-3005) is published every week by CNY Business Review, Inc. All contents copyrighted 2025. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.

Cover Price $3.00 Subscription Rate $95 per year Call (315) 579-3927

OPINION

I 13 CNYBJ.COM

Budget Update Paints Less Alarming Picture of Federal Health Cuts

A

new fiscal report from the state Budget Division suggests federal-funding cuts will hit New York’s health-care budget less severely than officials had previously warned.

A financial plan update released recently estimates that the One Big Beautiful Bill Act (OBBBA), signed BILL

by President Trump HAMMOND this summer, will add $2.6 billion to the state’s Opinion health costs in fiscal 2027, rising to $3.6 billion in 2028 and 2029.

However, most of the costs could be avoided if the state wins approval to reconfigure its Essential Plan, as proposed to federal regulators in September.

Meanwhile, the Budget Division has increased its projections of how much federal Medicaid funding the state will receive in years ahead. Compared to figures it published in May, the division anticipates an additional $444 million in federal Medicaid support in fiscal 2027, $2.8 billion in 2028, and $2.6 billion in 2029.

The division also estimates that enrollment in the three state-run health plans (Medicaid, the Essential Plan, and Child Health Plus) will rise rather than fall over the next three years.

The report warns that a newly im-

posed tax on managed-care organizations, designed to draw an extra $4 billion in Medicaid funding over three years, is at risk due to policy changes in Washington, D.C. Yet the state’s projected revenue from the levy is unchanged as officials wait for clarity on when those federal policies will take effect.

These forecasts are surprisingly stable given that the federal legislation cut almost $1 trillion from Medicaid over the next 10 years, and New York’s version of the safety-net health plan has the highest per-capita spending in the U.S. The outlook stands in contrast with comments from state officials, who had said the impact of health cutbacks in Washington would be “devastating” and “catastrophic.” Gov. Kathy Hochul previously said “draconian” cuts in the OBBBA would cost the state’s health-care system $13 billion annually and cause 1.5 million New Yorkers to lose insurance coverage.

The $13 billion figure was based in part on double-counting: It was the sum of $10 billion in lost federal aid and $3 billion in increased costs to the state. That equates to a net reduction in health funding of $7 billion, which — if cut immediately — would still have left hospitals and other providers with more money than they had in 2025.

Hochul’s estimate of coverage losses was based on two provisions of the federal legislation: a “community engage-

ment” rule requiring that non-disabled adults demonstrate 80 hours per month of work, education, or volunteering to stay on Medicaid, and a ban on using most federal health funds for legally present immigrants.

The latter requirement was especially disruptive for the state’s Essential Plan — and accounts for the bulk of the fiscal impact on New York.

Created under a little-used clause of the Affordable Care Act, the Essential Plan covers residents just above the income-eligibility threshold for Medicaid, from 138 percent to 250 percent of the federal poverty level. Its $14 billion in federal funding is based on the tax credits that its 1.7 million enrollees would have received if they had purchased commercial coverage through an insurance exchange.

Until now, legally present immigrants have been a revenue generator for the state program, accounting for 55 percent of its funding, or about $7.6 billion per year. With immigrants losing eligibility, the state faced the loss of that revenue and — under a 2001 court ruling known as Aliessa v. Novello — an obligation to provide Medicaid coverage for 500,000 of the immigrants at state expense. That tab of about $3 billion per year represented the bulk of the federal legislation’s projected impact for fiscal 2027.

SEE HAMMOND, PAGE 15 4

Too Often, Congress Treats Oversight as an Afterthought

H

ere’s something I’ll bet you didn’t know: Congress has no idea what’s happened to the funds it told the government to spend.

It’s supposed to be in charge of the federal budget — appropriating money for parks and air-traffic control and public health and support for farmers and myriad other things — LEE as an article in the HAMILTON but New York Times made Opinion clear a few weeks ago, between the cuts enacted by the “Department of Government Efficiency” and those imposed by the Office of Management and Budget, what’s actually happened to the money is a mystery.

This might seem like so much inside baseball, but as one budget analyst told the Times reporters, “The fact that Congress, who constitutionally has the power of the purse, can’t figure out what’s been going on is a deep, deep, deep constitutional issue.”

It’s not just spending, either. I have lost track of the number of issues I wish Congress was looking into in a major and systematic way. There’s the impact on prices and the economy of the Trump administration’s tariffs; the effectiveness and impact of National Guard and ICE (Immigration and Customs Enforcement) deployments to U.S. cities; and the firings of key federal employees and the impacts of mass layoffs on the ability of U.S. depart-

ments and agencies to fulfill their responsibilities… And that’s just for starters.

I’m not arguing that Congress needs to stop any of these. But it does need to scrutinize them, for a simple reason. Once an administration is in power, only Congress has the ability — and the responsibility to the American people — to hold its actions up to the light of day and, if necessary, hold it to account.

Let me explain why this is so important.

In many ways, our strength as a nation rests on a basic feature of the system the founders designed: a presidency and a Congress that are both strong, vibrant institutions, with neither able to run roughshod over the other. That, they believed, would keep the government responsive to the American people and produce wiser, more sustainable policies.

In that mix, congressional oversight of administration actions and policies is crucial. It gives the American people information we need about our government, protects us from bureaucratic arrogance, puts up guardrails against rules and regulations that might do more harm than good, exposes misconduct, ensures that we understand not just what our government is doing but why, and potentially helps the country avoid disaster from misguided initiatives.

I’d be the first to admit that in recent decades, scoring political points has too often masqueraded as “oversight” — a bid to make the party holding the presidency look bad or good, depending on which party controlled Congress. But that’s not

what effective oversight is about. Instead, it brings fresh eyes and multiple viewpoints to the construction and implementation of policy. It holds unelected officials’ feet to the fire, asking them to explain their thinking, their actions, and their understanding of how those actions affect our nation’s people, communities, economy, and future prospects. And it’s vital to ensuring that the federal government is serving the national interest, not the whims and personal interests of a single elected official, the president.

It’s impossible to write all this, though, without noticing just how far short of the mark Congress has fallen. When its leaders are of the same party as the president, they scurry to justify his actions — or, at best, plead ignorance and avert their eyes; when they’re of the other party, they tend to dwell on the politics, not on digging into the nuts and bolts. In both instances, Americans are left ignorant and misinformed, the administration is empowered, and Congress grows even weaker. This is not what the founders wanted, and it’s not n what our country deserves.

Lee Hamilton, 94, is a senior advisor for the Indiana University (IU) Center on Representative Government, distinguished scholar at the IU Hamilton Lugar School of Global and International Studies, and professor of practice at the IU O’Neill School of Public and Environmental Affairs.

Hamilton, a Democrat, was a member of the U.S. House of Representatives for 34 years (1965-1999), representing a district in south-central Indiana.

14 I

THE CENTRAL NEW YORK BUSINESS JOURNAL I NOVEMBER 17, 2025

CNYBJ.COM

BUSINESS CALENDAR Email event listings to: calendar@cnybj.com

NOVEMBER 18 n CenterState CEO Business After Hours event from 5-7 p.m. at ELITE Gaming Arena, 2 South Clinton St., Syracuse. Join CenterState CEO at ELITE Gaming for an inside look at its stateof-the-art gaming facility in downtown Syracuse and learn how the company is partnering with school districts all over New York state to create innovative engaging esports and learning opportunities for students. You’ll also have the chance to meet the Cohort 9 finalists of GENIUS NY — visionary startups advancing uncrewed systems, technology, and innovation. For more information and to register, visit: https://centerstateceo. com/events/11/2025/business-after-hours NOVEMBER 20 n Greater Binghamton Chamber of Commerce Connect Over Lunch event from 11:45 a.m.-1:15 p.m. at McGirk’s Irish Pub, 1 Kattelville Road, Binghamton. The chamber’s Connect Over Lunch is a popular networking event held on the second or third Thursday of each month at various locations throughout the community. More information, including registration, is available through this link: https://shorturl.at/CdmV6 NOVEMBER 21 n Coffee Talk at the Tompkins

DONATION:

Continued from page 5

annually from the Renzi Fund earmarked specifically for Cortland County nonprofits.

The first round in which organizations are eligible to apply will open on July 6, 2026, and close Aug. 28, 2026. Each round will include clear priority areas: the fall cycles will emphasize health, human services and economic development, and the spring cycles will focus on arts and culture, environment, animals, civic engagement and education.

Chamber from 9:30-10:30 a.m. at the chamber office at 124 Brindley St., Ithaca. Join the chamber team and peers in your industry for fresh coffee and conversation. This month, the Tompkins Chamber invites professionals from the retail and service industries to connect with friends and colleagues and expand your network in this casual environment.

For more information and to register, visit: https://business.tompkinschamber. org/events/details/coffee-talk-at-thechamber-retail-service-194009 n FOCUS Forum: Stronger Together: Supporting Families through School & Community Partnerships from 12:05-1 p.m. via online Zoom. Join FOCUS for a free discussion on how the Syracuse City School District, together with government and community partners, is supporting students and their families in accessing needed services addressing key problems. That ranges from temporary housing, food insecurity, joblessness, and poverty to mental-health support, crisis management, and more. These partnerships focus on the whole family, the needs and desires of families, and are leading to practical, sustainable approaches that strengthen community support systems. For more information and to register, visit: https://www. focussyracuse.org/supporting-familiesthrough-school-community-partnerships/

To assist with this rollout, the Community Foundation will hire an additional staff member in 2026 to expand capacity for Cortland County grantmaking and help nonprofits navigate the process.

Grant applicants are required to schedule a pre-grant meeting with Community Foundation staff before applying.

Appointments for Cortland County nonprofit organizations will open in the spring.

Participatory budgeting project

In addition to community grantmaking, the Renzis’ gift will introduce participatory budgeting to Cortland County for the first

DECEMBER 3 n Family Business Awards from 8:3010:30 a.m. at SKY Armory, 351 S. Clinton St., Syracuse. The Family Business Awards will recognize and honor family-owned businesses in Central New York, in seven categories: Business Innovation, Community Service Excellence, Family Business Leader of the Year, Fastest Growing Family Business, Manufacturing Excellence, Multi-Generational Family Business, and Woman-Owned Family Business. For more information, including the list of honorees and a link to tickets, visit: https://www.cnybj.com/event/ family-business-awards-2/ DECEMBER 9 n GOFCC Holiday Social from 4:30-7:30 p.m. at Kristen’s Kitchen at Battle Island State Park Golf Course, 2150 New York 48, Fulton. This festive event gives the business community an opportunity to network while enjoying food, beverages, and live music. Cost is $35 for members, and $50 for non-members. For more information and to register, visit: https:// centerstateceo.com/events/12/2025/ gofcc-holiday-social DECEMBER 11

from 11:45 a.m.-1:15 p.m. at Tri Cities Opera, 315 Clinton St., Binghamton.

The chamber’s Connect Over Lunch is a popular networking event held on the second Thursday of each month at various locations throughout the community. There will be an opportunity to meet one another, display literature, participate in the included raffle, and give a brief introduction to the entire group.

More information, including registration, is available through this link: https:// shorturl.at/MuXqy n Tompkins Chamber Women in Business Roundtable from 3-4:30 p.m. at Viva Taqueria & Cantina. 215 E. State St., Ithaca. We’ll gather for meaningful conversation and connection with fellow women business and nonprofit leaders. As always, our Women in Business Roundtable gatherings are known for important conversations, realtime brainstorming, and a supportive environment. All women-identifying business owners, leaders, and employees from Tompkins Chamber or Trumansburg Chamber member organizations are welcome to attend. For more information and to register, visit: https://business. tompkinschamber.org/events/details/ women-in-business-roundtable-at-vivataqueria-cantina-194029

n Greater Binghamton Chamber of Commerce Connect Over Lunch event

time in April 2026.

Residents will be invited to join planning sessions, and learn about local issues and design proposals. The process will culminate in a community-wide vote awarding a $75,000 grant to one project chosen by residents.

This builds on the success of the Community Foundation’s 2023 participatory budgeting project in Syracuse, which focused on childhood lead poisoning prevention and drew nearly 500 votes.

Cortland County residents can volunteer as a participatory budgeting participant by completing the form at https://

cnycf.org/pbform.

Advisory group

To help guide the transition of the Community Grants program to Cortland County, CNYCF will form a Cortland County advisory group to provide input on local priorities and nonprofits.

Community members may self-nominate to serve by completing the form at https://cnycf.org/advisecortland. While advisory in nature, this committee will play an important role in helping the Community Foundation become acquainted with Cortland’s nonprofit landscape. n

CNY BUSINESS DIRECTORY

SHARE

YOUR

Barter with Bernie and 15,000 other businesses.

Ask him how you can increase your company’s sales.

BUSINESS ON THE

Bernie Bregman, Networking Consultant

Call 315.471.7700 for more information

With Tom & Steve!

Brought to you by

Brought to you by

Saturdays at 11 am

C 315.430.5249 bernardbregman@gmail.com

Locally produced

by Zoey Advertising

Sundays at 7 am

IMS B

arter

I 15

NOVEMBER 17, 2025 I THE CENTRAL NEW YORK BUSINESS JOURNAL

CNYBJ.COM

PEOPLE ON THE MOVE NEWS SPONSORED CONTENT

Editor’s note: Submit your People on the Move news at https://www.cnybj.com/submit/people/

ACCOUNTING Sciarabba Walker & Co., LLP, of Ithaca, recently announced it has appointed three professionals to manager.

SAMANTHA JORDAN, CPA, has over Jordan eight years of public accounting experience.

She provides compliance and assurance

services to individuals, businesses, and nonprofit organizations. Samantha is the proud mother of two and a member of the American Institute Johnson of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). DAVID JOHNSON, CPA, has more than 12 years

of public accounting experience. He provides compliance services for individuals, businesses, and nonprofit organizations.

Johnson earned his bachelor’s degree in accounting and information science from the State University of New York at Oswego. David is the proud father of four, a former board member of Finger Lakes Pregnancy Care and Life Changing Labs, and a member of the American Institute of Certified Public Accountants (AICPA)

and the New York State Society of Certified Public Accountants (NYSSCPA).

ETHAN CHAFFEE has more than 12 years of public accounting experience and works closely with the Chaffee firm’s nonprofit clients. He earned his bachelor’s degree in accounting from Bob Jones University. Ethan is the proud father of four and currently serves on the board of People’s Baptist Church of Newfield, New York, and as a trail guide at Trail Life. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public n Accountants (NYSSCPA).

Tompkins Financial boosts quarterly dividend by nearly 5 percent

BY JOURNAL STAFF news@cnybj.com ITHACA — Tompkins Financial Corp.

(NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 65

cents per share for the fourth quarter, up 4.8 percent from the 62 cents it paid last quarter.

The new dividend was payable on Nov. 14, to common shareholders of record on Nov. 7. At Tompkins’ current stock price, the payment yields about 3.8 percent on

an annual basis.

Tompkins also recently reported net income of $23.7 million in the third quarter of this year, up 27 percent from the year-prior period.

Tompkins Financial is a banking and financial services company serving the

Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, Tompkins is parent to Tompkins Community Bank and also offers wealth-management services through Tompkins Financial Advisors. n

Ask Rusty: Do I Need to Sign Up for an Online Social Security Account?

DEAR RUSTY: I recently I heard the tail end of a radio program that was discussing “signing up for my Social Security account.” I am now 76 years old and have been receiving my Social Security (SS) monthly amount directly into a credit union account for years. Since the time when I applied to begin receiving SS, I have had no need to contact the Social Security Administration (SSA) again since everything is working fine. I do not like having to use the Internet. It seems the government is just giving me busy work and requiring me to remember usernames, passwords, etc. just when I am trying desperately to simplify my life. Can you shed any light on the need to sign up for an online SSA account by answering this: 1) What is the background regarding this “call” by the SSA to create an online account?

2) Why is the SSA wanting us to have “accounts”? Mysteriously, no one I have asked is able to give me a reason why we should have “accounts” online.

3) What happens if I do not sign up for an “account”?

4) Is there a window of time during which we must “sign up”?

Thanking you in advance for any light you can shed on this issue.

Signed: Concerned Senior Dear Concerned Senior: While creating an online Social Security account is recommended by the Social Security Administration, doing so is more of a convenience than a necessity. It is mainly a way to confirm your identity to the SSA in advance, in case you need to contact the agency in the future to make changes to your SS account. If you don’t plan to make any changes, then it is not mandatory for you to create an online “my Social Security” account. Nothing will change for you — you will continue to receive your monthly benefits as you have been doing all these years.

Regarding your specific questions: 1. What is the background? Social Security has, for many years, been encouraging people to do business with them “online.” This is, essentially, a way to improve the efficiency of: a) getting your needs handled more quickly, and b) improving SSA’s internal efficiency, so it can handle more transactions with fewer staff.

HAMMOND:

Continued from page 13

In September, however, officials announced a plan to keep the Aliessa population in the Essential Plan and finance their coverage with surplus money that had accumulated in a trust fund. This maneuver involved rolling back a 2024 expansion, which would bump out some 460,000 enrollees above 200 percent of the poverty level. The state’s application to the federal Centers for Medicare & Medicaid Services (CMS) was submitted in October.

2. Why does SSA want you to have an online account?

SS fraud has become an issue, with nefarious individuals constantly trying to get at a person’s Social Security (and other) government benefits. As part of its process for online access, SSA has evolved to a quite secure online identification process, which includes modern security techniques. These include things like “two-factor identification” and use of certain specific identification measures through two main programs for access to government systems (known as LOGIN.gov and ID.me). These create a single pre-verified way to access multiple government systems (such as SSA, IRS, VA, etc.). It means that only one ID and password are required to access numerous government systems and ensures that those who access the account are the correct person. It is primarily a way to protect your benefits from others and prevent fraud.

3. What happens if I do not sign-up for an “account”?

Nothing will happen, unless you have a need to change

The Budget Division’s fiscal update alludes to this plan, which is due to take effect in July 2026, but does not provide the financial details. Nor does it explain the financial implications of continuing the program under its current structure for citizens only.

Instead, it shows the Essential Plan’s budget declining to one-quarter of its current level in fiscal 2027 and dropping to zero in 2028 and 2029. Those figures seem to imply that the plan will cease operations in July 2026, which is a possibility state officials have not previously raised.

This scenario seems unlikely. If the state’s restructuring plan is rejected, in fact, the state

something with Social Security. For example, if you for some reason wanted to change the financial account to which your SS benefits are deposited. With a secure LOGIN.gov account you could make that change quickly using your online account.

Without a secure online account, RUSSELL you would, instead, need to make an appointment to visit your local Social GLOOR Security office to make the change Social Security and provide proof of who you are.

Matters Again, this is to reduce fraud.

4. Is there a window of time during which we must “sign up”? As indicated above, there is no time in which you must “sign up.” If you do not sign up for online access, and don’t need to change anything with respect to your SS benefits, then you do not need to create an online account.

So, while creating an online SSA account is highly recommended, it is not mandatory for those who have no need to interact directly with the Social Security Administration. n Russell Gloor is a national Social Security advisor at the AMAC Foundation, the nonprofit arm of the Association of Mature American Citizens (AMAC). The 2.4-million-member AMAC says it is a senior advocacy organization. Send your questions to: ssadvisor@amacfoundation.org.

Author’s note: This article is intended for information purposes only and does not represent legal or financial guidance. It presents the opinions and interpretations of the AMAC Foundation’s staff, trained, and accredited by the National Social Security Association (NSSA).

The NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration (SSA) or any other governmental entity.

is arguably obliged to continue operating under the federal waiver it received in 2024.

In a recent notice, the Health Department said that only enrollees with incomes above 200 percent poverty stood to lose coverage in July.

Asked to clarify why its report showed the plan’s funding ending next year, a Budget Division spokesman said: “The Financial Plan reflects H.R. 1 [the OBBBA] as currently executed and will be updated as we receive CMS’s decision.”

The state’s overall fiscal outlook has improved somewhat since its first-quarter report in August, but spending is

still expected to outstrip revenues over the next three years, the report says. It shows the state facing a $4.2 billion gap in 2027, down from $7.5 billion after the first quarter. The combined gaps over the next three years total $26.8 billion, down from $34.3 billion in August. n Bill Hammond is senior fellow for health policy at the Empire Center for Public Policy, which says it is an independent, nonpartisan, nonprofit think tank located in Albany that promotes public-policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.