NonprofitsCeg Of The Capital Region Inc

Mutual & Membership Benefit

Ceg Of The Capital Region Inc

ALBANY, NY

Total revenue

$1.6M

Total expenses

$1.2M

Net assets

$815K

Grants received

EIN

822369976

Tax year

2024

Mission

Ceg is dedicated to driving economic growth in new york's eight-county, 1.1 million-person capital region. As the nonprofit regional economic development organization, the organization does this by proactively marketing the region to attract investment and talent; growing manufacturing and workforce capabilities, leveraging industry clusters, and developing the entrepreneurial ecosystem. Ceg serves as a catalyst and works with partners and stakeholders to prepare the region to compete and move high-impact strategies and projects forward. Ceg is supported by investors in business, government, education, and the nonprofit sectors who are committed to sustainable economic growth and shared prosperity.

Programs

2 programs

Talent development/talent attraction - ceg has a dedicated talent attraction strategy to help grow its workforce by marketing the region digitally to target areas, certain demographic populations, and/or within target industries. Furthermore, ceg works to retain the region's graduating college students and interns.

Expenses: $63K

Ceg activity secures support from investors in business, government, education, and non-profit sectors who are committed to sustainable economic growth and prosperity.

Expenses: $128K

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue$305K
Investment income$49K
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.2M
Total expenses$1.2M
Total assets$1.5M
Net assets$815K

People

8 listed

NameRoleCompensation

MARK N EAGAN

PRESIDENT & CEO

Board

$66K

7 hrs/wk

CHRISTINE A HOLLE

VP, FINANCE & OPERATIONS

Board

$12K

4 hrs/wk

STEPHEN OBERMAYER

CHAIR

Board

1 hrs/wk

DAVID DEMARCO

DIRECTOR

Board

1 hrs/wk

KIMBERLY IRELAND

TREASURER/SECRETARY

Board

1 hrs/wk

BRIAN O'GRADY

DIRECTOR

Board

1 hrs/wk

FRAN O'ROURKE

DIRECTOR

Board

1 hrs/wk

KATHARINE J N BELMONT

SENOIR VICE PRESIDENT

Staff

$153K

38 hrs/wk

Details

EIN822369976
NTEE codeY03
Subsection06
Ruling date2019-07
Formed2017
Employees0
Volunteers0
CEG OF THE CAPITAL REGION INC — Mission, Financials & Grants Received | Grantivo