2025-02-28T14:55:59-06:00 2024-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-07-01 133410779 New York City Industrial Technology Assistance Corporation % MS KINDA YOUNES NEWY 2128093900 500 7th Avenue 8th Floor New York NY 10018 KINDA YOUNES EXECUTIVE DIRECTOR 2128093900 2025-05-15 true true Brad Caruso P01249134 7328281614 2023 2025-03-06 01:10:19Z KINDA YOUNES 500 7th Avenue 8th Floor New York NY 10018 2216666 false X WWW.ITAC.ORG X 1987 NY TO STRENGTHEN THE ECONOMY AND JOB BASE OF NEW YORK CITY BY IMPROVING THE COMPETITIVENESS OF LOCAL INDUSTRIAL AND TECHNOLOGY FIRMS. 10 10 7 10 0 1320987 1222495 978516 500209 17302 53530 30 61349 2316835 1837583 0 78032 0 0 1469660 1173976 0 0 0 1167578 711458 2637238 1963466 -320403 -125883 2398869 2414290 142466 155516 2256403 2258774 TO STRENGTHEN THE ECONOMY AND JOB BASE OF NEW YORK CITY BY IMPROVING THE COMPETITIVENESS OF LOCAL INDUSTRIAL AND TECHNOLOGY FIRMS. false false 1670268 78032 561558 MANUFACTURING COMPETITIVENESS- ITAC OPERATES UNDER THE UMBREllA OF THE NATIONAL INSTITUTE OF STANDARD & TECHNOLOGY FUNDED MANUFACTURING EXTENSION PARTNERSHIP PROGRAM AND THE EMPIRE STATE DEVELOPMENT DIVISION OF SCIENCE, TECHNOLOGY & INNOVATION PROGRAM. ITAC PROVIDES TECHNICAL AND MANAGEMENT ASSISTANCE THROUGH EXPERIENCED MANUFACTURING FIELD SPECIALISTS WHO HELP COMPANIES EVALUATE AND IMPLEMENT OPPORTUNITIES FOR IMPROVING THEIR COMPETITIVENESS. 1670268 true true false true false false false false false false false false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true 16 0 true 7 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false NY X MS KINDA YOUNES 2128093900 500 7TH AVENUE 8TH FLOOR NEW YORK NY 10018 Kinda Younes EXECUTIVE DIRECTOR 40.0 0.0 X 209984 0 62287 Mary McKay DIRECTOR OF ADVANCED MANUFACT. 40.0 0.0 X 160788 0 21539 Ugo Scalia DIRECTOR OF CLIENT SERVICES 40.0 0.0 X 121063 0 47141 Paul McQuade DIRECTOR OF OPERATIONS 40.0 0.0 X 152227 0 4497 MAL SCHUSTER SECRETARY - DIRECTOR 2.0 0.0 X X 0 0 0 TIMOTHY G NOBLE CHAIRPERSON - DIRECTOR 2.0 0.0 X X 0 0 0 CHRIS VIGGIANO TREASURER - DIRECTOR 2.0 0.0 X X 0 0 0 Albert Mangels DIRECTOR 1.0 0.0 X 0 0 0 STEVEN MASUR ESQ DIRECTOR 1.0 0.0 X 0 0 0 Paul Storch DIRECTOR 1.0 0.0 X 0 0 0 JOE MCDERMOTT DIRECTOR 1.0 0.0 X 0 0 0 JOHN A BLAHO PHD DIRECTOR 1.0 0.0 X 0 0 0 Brian T Coleman DIRECTOR 1.0 0.0 X 0 0 0 MANUEL MIRANDA DIRECTOR 1.0 0.0 X 0 0 0 644062 0 135464 4 false true false Eisner Advisory Group 733 Third Avenue NEW YORK NY 100172703 Project Consultant 115800 Establish Inc Project Consultant 111740 2 1222495 1222495 TECHNICAL ASSISTANCE FEES 900099 483209 483209 MANAGEMENT FEE 900099 12000 12000 SEMINAR/EVENTS 900099 5000 5000 500209 51628 51628 0 0 0 0 0 380985 379083 1902 1902 1902 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 61349 61349 61349 1837583 561558 53530 X 78032 78032 0 0 0 445346 370117 75229 0 492259 421435 70824 0 167831 140596 27235 68540 57574 10966 0 1960 1960 33800 33800 20050 20050 0 10911 10911 501008 501008 18844 18844 41073 12106 28967 20439 17169 3270 0 48838 41024 7814 0 0 962 962 0 0 0 13573 11401 2172 1963466 1670268 293198 0 X 200 200 1199808 730801 332288 321847 46287 48532 0 0 0 0 0 0 0 0 15418 17494 0 0 657168 1122716 69000 82000 0 0 0 0 78700 90700 2398869 2414290 126216 135516 0 0 16250 20000 0 0 0 0 0 0 0 0 0 0 0 0 142466 155516 X 2256403 2258774 0 0 2256403 2258774 2398869 2414290 X -125883 53290 74964 X false true X true true true X 1340860 1814288 1882246 1320987 1222495 7580876 0 0 1340860 1814288 1882246 1320987 1222495 7580876 0 7580876 84196 739 501 17302 51628 154366 0 12444 23708 274 30 61349 97805 7833047 5082163 0.96781 0.97471 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 20050 20050 false 0 0 X SCHEDULE D, PART X, LINE 2 NEW YORK CITY INDUSTRIAL & TECHNOLOGY ASSISTANCE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAXES UNDER STATE LAW. IN ADDITION, ITAC IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. ITAC HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. true Cohesive Robotics 1672 E 233rd St Suite B Bronx NY 10466 861761123 47742 Jeff Lawrence Award Pvilion Technologies LLC 64 John Street Brooklyn NY 11201 813306804 25000 Modernization Award Re-Nuble Inc 157 Columbus Avenue 4th Floor New York NY 10023 452749704 5290 Manufacturing GRANT 0 3 PART I, LINE 2 FINANCIAL AID IS AWARDED ON A NEED BASIS USING INDUSTRY STANDARD FINANCIAL DISCLOSURES AND CALCULATIONS. X X X false false false false false false false false false Paul McQuade DIRECTOR OF OPERATIONS 152227 0 0 0 0 0 0 0 4497 0 156724 0 0 0 Kinda Younes EXECUTIVE DIRECTOR 209984 0 0 0 0 0 0 0 62287 0 272271 0 0 0 Mary McKay DIRECTOR OF ADVANCED MANUFACT. 160788 0 0 0 0 0 0 0 21539 0 182327 0 0 0 Ugo Scalia DIRECTOR OF CLIENT SERVICES 121063 0 0 0 0 0 0 0 47141 0 168204 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IN ITS ENTIRETY IS PRESENTED TO THE FULL BOARD OF DIRECTORS. EACH MEMBER OF THE BOARD WILL RECEIVE A COPY OF FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE IRS. ITAC WILL NOT FILE FORM 990 UNTIL ALL MEMBERS OF THE BOARD HAVE REVIEWED THE COMPLETED INFORMATION RETURN. FORM 990, PART VI, SECTION B, LINE 12 C WHEN THE ORGANIZATION BECOMES AWARE OF POSSIBLE CONFLICTS OF INTEREST WITH EITHER AN EMPLOYEE OR BOARD MEMBER, THE INDIVIDUAL(S) ARE APPROACHED REGARDING THE ISSUE. AFTER THE NECESSARY FACT FINDING PROCESS, THE MATTER IS RESOLVED. A FORM IS PROVIDED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS.THE CONFLICT OF INTEREST FORM REQUIRES DISCLOSURE OF CONFLICTS BY THE BOARD MEMBERS. THESE FORMS ARE REVIEWED AND INDIVIDUALS WITH CONFLICTS MUST RESCUE THEMSELVES OF VOTING ON THE MATTER AT HAND. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR ANNUALLY. THE REVIEW IS BASED ON THE ORGANIZATION'S PERFORMANCE, RELATIONSHIP WITH FUNDERS, AND COMMITMENT TO ITAC'S MISSION. THE RATE OF INCREASE IS BASED ON A NUMBER OF FACTORS, INCLUDING SALARIES OF OTHER MEP CENTERS OF SIMILAR SIZE. FORM 990, PART VI, SECTION C, LINE 18 & 19 THE FORM 990 AND FORM 1023 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES WILL BE PROVIDED IMMEDIATELY IN THE CASE OF IN-PERSON REQUESTS. WRITTEN REQUESTS, ALONG WITH REQUESTS VIA PHONE, FAX OR EMAIL WILL BE SENT TO THE REQUESTOR WITHIN THREE BUSINESS DAYS. GOVERNING DOCUMENTS, CONFLICT OF INTEREST policy, AND FINANCIAL STATEMENTS CAN ALSO BE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS CONSISTS OF BAD DEBT RECOVERY, NET AMOUNTING TO $74,964. FORM 990 PART IX LINE 11G DESCRIPTION:PROJECT CONSULTANTS TOTAL FEES:501008 MANUFACTURERS SERVICES INC 83 Maiden Ln 2nd floor NEW YORK NY 10038 113351749 SERVICE NY NYC ITAC C 0 16078 1.00000 true false false false true false false false false false false false true false false false false false false false MANUFACTURERS SERVICES INC L 12000 COST