NonprofitsAdvance Albany County Alliance Local Development Corporation

Employment

Advance Albany County Alliance Local Development Corporation

ALBANY, NY

Total revenue

$2.7M

Total expenses

$1.5M

Net assets

$2.0M

Grants received

EIN

854222366

Tax year

2024

Mission

The exempt purpose for which the corporation is formed is to relieve and reduce unemployment in albany county, promote and provide for additional and maximum adult employment in the county better and maintain adult job opportunities in the county, carry on scientific research for the purpose of aiding the county by attracting new industry or by encouraging the development or retention of industry in the county, lessen the burdens of government and act in the public interest.

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$1.0M
Investment income$126K
Other revenue$36K
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$700K
Fundraising
Other expenses$825K
Total expenses$1.5M
Total assets$6.1M
Net assets$2.0M

People

12 listed

NameRoleCompensation

KEVIN CATALANO

SR VICE PRESIDENT / DIR. C

Board

$115K

37.5 hrs/wk

AMY THOMPSON

CFO

Board

$102K

37.5 hrs/wk

KEVIN O'CONNOR

CEO

Board

$54K

1 hrs/wk

DAN MCCOY

EX-OFFICIO

Board

1 hrs/wk

MICHAEL CINQUANTI

MEMBER

Board

1 hrs/wk

HELEN BROOKS

MEMBER

Board

1 hrs/wk

ALAN GOLDBERG

CHAIRMAN

Board

1 hrs/wk

MICHAEL CASSIDY

MEMBER

Board

1 hrs/wk

LAURA ZELLGER

MEMBER

Board

1 hrs/wk

RICHARD ROSEN

OFFICER

Board

1 hrs/wk

ALAN ALEXANDER

TREASURER

Board

1 hrs/wk

JOANNE CUNNINGHAM

EX-OFFICIO

Board

1 hrs/wk

Independent contractors

THOMAS M OWENS ESQ

LEGAL SERVICES

$122K

Details

EIN854222366
NTEE codeJ01
Subsection03
Ruling date2021-12
Formed2020
Employees13
Volunteers9
ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo