Nonprofit · EIN 11-3600385
DOWNSTATE TECHNOLOGY CENTER INC
Tax-exempt · BROOKLYN, NY 11203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,143,464 | $2,719,337 | $424,127 | $5,373,652 | $1,111,238 | $4,262,414 |
| June 30, 2024 | 990 | $3,055,622 | $2,479,138 | $576,484 | $4,793,757 | $955,470 | $3,838,287 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $125,000
- of which government grants
- $125,000
- Program service revenue
- $2,891,585
- Investment income
- $119,615
- Other revenue
- $7,264
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $22,937
- Accounting fees
- $99,468
- Occupancy
- $727,202
- Depreciation
- $46,432
- Program services (functional)
- $2,464,338
- Management and general (functional)
- $254,999
Balance sheet and other
- Total assets, start of year
- $4,793,757
- Total assets, end of year
- $5,373,652
- Total liabilities, end of year
- $1,111,238
- Net assets, end of year
- $4,262,414
- Land, buildings and equipment
- $957,264
- Net assets without donor restrictions
- $4,262,414
- Gross receipts
- $3,143,464
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN BARTOLOMEO | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD MILLER PHD | TREASURER Trustee or director, Officer | 1 | $0 |
| HEIDI ARONINMPA | TRUSTEE Trustee or director | 1 | $0 |
| WAYNE RILEY MD MPHMBAMACP | TRUSTEE Trustee or director | 1 | $0 |
| NICHOLAS QUERQUES | TRUSTEE Trustee or director | 1 | $0 |
| DAVID HOCHMAN MBA | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY HWANG MBA | TRUSTEE Trustee or director | 3 | $0 |
| DAVID CHRISTINI PHD | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN M KAMINSKY PHD | TRUSTEE Trustee or director | 1 | $0 |
| A JEFFREY ROSEN MBA | ASSISTANT TREASURER Officer | 1 | $0 |
| FRANCI SCHARF | SECRETARY Officer | 1 | $0 |
| BLAKE A ADAIR-WHEELER MPA | EXECUTIVE DIRECTOR Officer | 40 | $0 |
| SAMUEL KIEL | PROGRAM MANAGER Officer | 40 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVA CRAMER PHD | PRESIDENT Trustee or director, Officer | 8 | $0 |
| JOAN BARTOLOMEO | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD MILLER PHD | TREASURER Trustee or director, Officer | 1 | $0 |
| HEIDI ARONINMPA | TRUSTEE Trustee or director, Officer | 1 | $0 |
| WAYNE RILEY MD MPHMBAMACP | TRUSTEE Trustee or director, Officer | 1 | $0 |
| MATTHEW MROZ ESQ | TRUSTEE (TO 6/17/2024) Trustee or director | 1 | $0 |
| DAVID HOCHMAN MBA | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY HWANG MBA | TRUSTEE Trustee or director | 3 | $0 |
| DAVID CHRISTINI PHD | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN M KAMINSKY PHD | TRUSTEE Trustee or director | 1 | $0 |
| A JEFFREY ROSEN MBA | ASSISTANT TREASURER Officer | 1 | $0 |
| FRANCI SCHARF | SECRETARY Officer | 1 | $0 |
| BLAKE A ADAIR-WHEELER MPA | EXECUTIVE DIRECTOR (CURRENT) Officer | 40 | $0 |
| SAMUEL KIEL | PROGRAM MANAGER Officer | 40 | $0 |
| DAVID NORTON | EXECUTIVE DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 450 CLARKSON AVE BOX 65, BROOKLYN, NY 11203-2012
- Principal officer (990 for 2024)
- RICHARD MILLER, 450 CLARKSON AVE BOX 65, BROOKLYN, NY 11203
- Signed the 990
- RICHARD MILLER, TREASURER
- Phone
- (718) 270-3176
- Return prepared by
- EFPR ADVISORY LLC
Mission
SEE SCHEDULE ODOWNSTATE TECHNOLOGY CENTER, INC. (DTC) WAS FORMED TO PROVIDE AN ENVIRONMENT IN WHICH NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP SCIENTIFIC AND MEDICAL RESEARCH THAT CAN BE TRANSLATED INTO COMMERCIALLY VIABLE HIGH TECHNOLOGY PRODUCTS AND SERVICES AND/OR RENTAL SPACE IN INCUBATOR AND RESEARCH FACILITIES IN BROOKLYN, NEW YORK. TO ACCOMPLISH THIS, DTC HAS DESIGNED AND DEVELOPED AND CURRENTLY OPERATES STATE-OF-THE-ART INCUBATOR FACILITIES WHERE IT LEASES WET LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY AND OTHER LIFE SCIENCES COMPANIES TO CONDUCT CUTTING EDGE RESEARCH AND DEVELOPMENT.
Program accomplishments
- DTC HAS DESIGNED, DEVELOPED AND OPERATES STATE-OF-THE-ART INCUBATOR FACILITIES WHERE IT LEASES WET LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY AND OTHER LIFE SCIENCES COMPANIES TO CONDUCT CUTTING EDGE RESEARCH AND DEVELOPMENT. AS OF JUNE 30, 2025, DTC HAD A TOTAL OF 26 TENANTS IN THE TWO PROPERTIES THEY MANAGE.Expenses $2,464,338 · revenue $2,891,585
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3600385
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $5,373,652
- Income (IRS master file)
- $3,143,464
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $2,713,773 | $2,115,134 | $4,034,760 | IRS |
| 990 | June 2022 | $2,642,146 | $2,134,330 | $3,493,508 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about DOWNSTATE TECHNOLOGY CENTER INC
- What is the EIN of DOWNSTATE TECHNOLOGY CENTER INC?
- The employer identification number (EIN) of DOWNSTATE TECHNOLOGY CENTER INC is 11-3600385.
- Is DOWNSTATE TECHNOLOGY CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to DOWNSTATE TECHNOLOGY CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNSTATE TECHNOLOGY CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DOWNSTATE TECHNOLOGY CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNSTATE TECHNOLOGY CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DOWNSTATE TECHNOLOGY CENTER INC?
- The 990 for the year ended June 30, 2025 names RICHARD MILLER.
- Who are the officers and directors of DOWNSTATE TECHNOLOGY CENTER INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does DOWNSTATE TECHNOLOGY CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,143,464, expenses of $2,719,337 and total assets of $5,373,652 at year end.
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