Nonprofits›Albany County Business Development Corp
Community Improvement & Capacity Building
Albany County Business Development Corp
ALBANY, NY
Total revenue
$743K
Total expenses
$437K
Net assets
$20.1M
Grants received
—
EIN
161530930
Tax year
2024
Mission
To support a viable, sustainable economic eco-system in the county of albany by providing low interest commercial loans through the al tech loan fund to small and medium size businesses that are expected to create employment opportunities and/or expand the commercial real estate tax base.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$331K
Investment income$412K
Other revenue—
Total revenue$743K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$437K
Total expenses$437K
Total assets$20.2M
Net assets$20.1M
People
9 listed
NameRoleCompensation
SUSAN PEDO
MEMBER
Board
—
1 hrs/wk
CAITLIN O'BRIEN
EX-OFFICIO
Board
—
1 hrs/wk
MARCUS Q PRYOR
MEMBER
Board
—
1 hrs/wk
ALLEN MAIKELS
MEMBER
Board
—
1 hrs/wk
LUCAS ROGERS
EX-OFFICIO
Board
—
1 hrs/wk
DIANA OSTROFF
SECRETARY
Board
—
1 hrs/wk
JEFFERY STONE
CHAIRMAN
Board
—
1 hrs/wk
ALAN ALEXANDER
TREASURER
Board
—
1 hrs/wk
DAN SCARING
MEMBER
Board
—
1 hrs/wk
Details
EIN161530930
NTEE codeS40
Subsection04
Ruling date2008-08
Formed1994
Employees0
Volunteers9