Nonprofit · EIN 14-1736856
CAPITAL REGION CHAMBER FOUNDATION INC
Tax-exempt · ALBANY, NY 12205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,138,819 | $1,112,664 | $26,155 | $1,256,680 | $946,554 | $310,126 |
| December 31, 2023 | 990 | $1,204,020 | $1,173,331 | $30,689 | $1,298,145 | $1,014,174 | $283,971 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $714,002
- of which government grants
- $161,306
- Program service revenue
- $397,760
- Investment income
- $27,057
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $70,998
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $16,645
- Travel
- $2,738
- Program services (functional)
- $1,092,772
- Management and general (functional)
- $19,892
Balance sheet and other
- Total assets, start of year
- $1,298,145
- Total assets, end of year
- $1,256,680
- Total liabilities, end of year
- $946,554
- Net assets, end of year
- $310,126
- Net assets without donor restrictions
- $310,126
- Gross receipts
- $1,138,819
- Employees
- 0
- Volunteers
- 326
- Year formed
- 1990
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK N EAGAN | PRESIDENT & CEO Officer | 8 | $74,301 | $362,767 | $85,598 |
| CHRISTINE A HOLLE | VP, FINANCE & OPERATIONS Officer | 9 | $27,715 | $110,862 | $11,907 |
| LAURA E MANN | VP, BUSINESS RESOURCES Highest-paid employee | 40 | $119,244 | $0 | $21,298 |
| JASON F BENITEZ | VP, DEI Highest-paid employee | 40 | $118,077 | $0 | $10,256 |
| THOMAS J O'CONNOR | VP, GOVERNMENT AFFAIRS Highest-paid employee | 4 | $11,682 | $105,142 | $10,284 |
| DONALD BOYLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY BUELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG FORD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MONA GOLUB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LUCY HALSTEAD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SEAN MAGUIRE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEANNE MALOY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT SCHOFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BEN WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE WILDGRUBE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW GRATTAN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK N EAGAN | PRESIDENT & CEO Officer | 8 | $75,493 | $349,157 | $76,586 |
| CHRISTINE A HOLLE | VP, FINANCE & OPERATIONS Officer | 9 | $26,565 | $106,258 | $11,813 |
| LAURA E MANN | VP, BUSINESS RESOURCES Highest-paid employee | 40 | $114,107 | $0 | $20,331 |
| JASON F BENITEZ | VP, DEI Highest-paid employee | 40 | $112,893 | $0 | $9,849 |
| THOMAS J O'CONNOR | VP, GOVERNMENT AFFAIRS Highest-paid employee | 4 | $11,227 | $101,046 | $9,893 |
| ANGELA BEDDOE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DONALD J BOYLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY BUELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG FORD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MONA GOLUB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SEAN MAGUIRE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEANNE MALOY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT SCHOFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE WILDGRUBE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW GRATTAN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5 COMPUTER DR S, ALBANY, NY 12205-1608
- Principal officer (990 for 2024)
- MARK N EAGAN, 5 COMPUTER DR S, ALBANY, NY 12205
- Signed the 990
- MARK N EAGAN, PRESIDENT & CEO
- Phone
- (518) 431-1416
- Website
- CAPITALREGIONCHAMBER.COM
- Return prepared by
- UHY ADVISORS NORTHEAST INC
Mission
THE MISSION OF CAPITAL REGION CHAMBER FOUNDATION, INC., A NOT-FOR-PROFIT WHOLLY OWNED SUBSIDIARY OF THE CAPITAL REGION CHAMBER OF COMMERCE IS TO ADVANCE THE WORK OF THE CAPITAL REGION CHAMBER IN ENGAGING THE BUSINESS COMMUNITY TO ADDREESS BUSINESS, CIVIC, EDUCATION AND WORKFORCE DEVELOPMENT ISSUES CRITICAL TO THE ECONOMIC VITALITY OF THE REGION.
Program accomplishments
- PEOPLE AND WORKFORCE INCLUDES TALENT, DIVERSITY, INCLUSION, LEADERSHIP CAPITAL REGION, THE YOUNG PROFESSIONALS NETWORK, AND THE NONPROFIT BUSINESS AWARDS LUNCHEON.Expenses $768,167 · grants $70,498 · revenue $295,070
- BUSINESS GROWTH INCLUDES THE ENTREPRENEUR BOOT CAMP WHICH PROVIDES INTENSIVE TRAINING THAT GUIDES WOULD-BE ENTREPRENEURS, EXISTING BUSINESSES AND VETERANS THROUGH THE STEP-BY-STEP PROCESS OF STARTING, OPERATING AND MANAGING A BUSINESS, AND THE BIPOC BUSINESS GROWTH INITIATIVE, THAT PROVIDES ASSISTANCE AND GROWTH ACCELERATION SUPPORT TO SMALL AND MID-SIZED BIPOC BUSINESSES IN THE CAPITAL REGION.Expenses $236,420 · revenue $42,125
- MILITARY ENGAGEMENT PROGRAMS IN SUPPORT OF THE REGION'S MILITARY BASES AND VETERANS.Expenses $68,095 · grants $500 · revenue $25,390
- MEMBER SERVICES - SERVE THE DIVERSE INTERESTS OF MEMBER BUSINESSES BY PROVIDING RELEVANT PROGRAMS, SERVICES AND BENEFITS.Expenses $20,090 · revenue $35,175
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1736856
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $1,256,680
- Income (IRS master file)
- $1,138,819
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,138,819 | $1,112,664 | $1,256,680 | XML |
| 990 | December 2023 | $1,204,020 | $1,173,331 | $1,298,145 | XML |
| 990 | December 2022 | $1,154,803 | $1,142,954 | $1,080,763 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 14-1736856).
Questions about CAPITAL REGION CHAMBER FOUNDATION INC
- What is the EIN of CAPITAL REGION CHAMBER FOUNDATION INC?
- The employer identification number (EIN) of CAPITAL REGION CHAMBER FOUNDATION INC is 14-1736856.
- Is CAPITAL REGION CHAMBER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to CAPITAL REGION CHAMBER FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPITAL REGION CHAMBER FOUNDATION 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 CAPITAL REGION CHAMBER FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITAL REGION CHAMBER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CAPITAL REGION CHAMBER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MARK N EAGAN.
- Who are the officers and directors of CAPITAL REGION CHAMBER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 5 received compensation from the organization, the highest $74,301 (MARK N EAGAN, PRESIDENT & CEO).
- How much revenue does CAPITAL REGION CHAMBER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,138,819, expenses of $1,112,664 and total assets of $1,256,680 at year end.
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