Nonprofit · EIN 14-1762881
ALBANY CENTER FOR ECONOMIC SUCCESS INC
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $129,941 | $176,286 | -$46,345 | $900,250 | $166,923 | $733,327 |
| December 31, 2023 | 990 | $489,917 | $165,016 | $324,901 | $923,127 | $143,455 | $779,672 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,148
- Program service revenue
- $98,793
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,873
- Occupancy
- $65,650
- Depreciation
- $19,587
- Program services (functional)
- $158,286
- Management and general (functional)
- $18,000
Balance sheet and other
- Total assets, start of year
- $923,127
- Total assets, end of year
- $900,250
- Total liabilities, end of year
- $166,923
- Net assets, end of year
- $733,327
- Land, buildings and equipment
- $334,121
- Net assets without donor restrictions
- $733,327
- Gross receipts
- $129,941
- Employees
- 0
- Year formed
- 1992
- 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 |
|---|---|---|---|
| MILLY DEANE | TREASURER Trustee or director, Officer | 1 | $0 |
| BOB GREEN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| TINA KELLY | SECRETARY Trustee or director, Officer | 1 | $0 |
| LINDA MACFARLANE | EXECUTIVE DI Trustee or director | 2 | $0 |
| MARIA MARKOVICS | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY MOHL | DIRECTOR Trustee or director | 1 | $0 |
| KASIR RASUL | DIRECTOR Trustee or director | 1 | $0 |
| JOHN STAUGAITIS | DIRECTOR Trustee or director | 1 | $0 |
| RENEL TURNER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MILLY DEANE | TREASURER Trustee or director, Officer | 1 | $0 |
| BOB GREEN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| TINA KELLY | SECRETARY Trustee or director, Officer | 1 | $0 |
| LINDA MACFARLANE | EXECUTIVE DI Trustee or director | – | $0 |
| MARIA MARKOVICS | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK MILLER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| ASHLEY MOHL | DIRECTOR Trustee or director | 1 | $0 |
| KASIR RASUL | DIRECTOR Trustee or director | 1 | $0 |
| JOHN STAUGAITIS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 255 ORANGE STREET, ALBANY, NY 12210-2404
- Principal officer (990 for 2024)
- BOB GREEN, 255 ORANGE STREET, ALBANY, NY 12210
- Signed the 990
- BOB GREEN, PRESIDENT
- Phone
- (518) 427-7804
- Return prepared by
- CUSACK & COMPANY CPAS LLC
Mission
ACQUIRE, DEVELOP AND OPERATE A FACILITY WHICH FUNCTIONS AS A SMALL BUSINESS INCUBATOR AND PROVIDE OTHER TRAINING AND TECHNICAL ASSISTANCE FOR MINORITIES, WOMEN AND OTHER DISADVANTAGED SMALL BUSINESS OWNERS IN THE CAPITAL REGION OF NY STATE.
Program accomplishments
- ACQUIRE, DEVELOP AND OPERATE A FACILITY WHICH FUNCTIONS AS A SMALL BUSINESS INCUBATOR AND PROVIDE OTHER TRAINING AND TECHNICAL ASSISTANCE FOR MINORITIES, WOMEN AND OTHER DISADVANTAGEDD SMALL BUSINESS OWNERS IN THE CAPITAL REGION OF NY STATE.Expenses $158,286 · revenue $98,793
- N/A
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
- 14-1762881
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $900,250
- Income (IRS master file)
- $129,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $129,941 | $176,286 | $900,250 | XML |
| 990 | December 2023 | $489,917 | $165,016 | $923,127 | XML |
| 990 | December 2022 | $595,915 | $145,309 | $509,777 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 14-1762881).
Questions about ALBANY CENTER FOR ECONOMIC SUCCESS INC
- What is the EIN of ALBANY CENTER FOR ECONOMIC SUCCESS INC?
- The employer identification number (EIN) of ALBANY CENTER FOR ECONOMIC SUCCESS INC is 14-1762881.
- Is ALBANY CENTER FOR ECONOMIC SUCCESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ALBANY CENTER FOR ECONOMIC SUCCESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALBANY CENTER FOR ECONOMIC SUCCESS 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 ALBANY CENTER FOR ECONOMIC SUCCESS 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 ALBANY CENTER FOR ECONOMIC SUCCESS 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 ALBANY CENTER FOR ECONOMIC SUCCESS INC?
- The 990 for the year ended December 31, 2024 names BOB GREEN.
- Who are the officers and directors of ALBANY CENTER FOR ECONOMIC SUCCESS INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does ALBANY CENTER FOR ECONOMIC SUCCESS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $129,941, expenses of $176,286 and total assets of $900,250 at year end.
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All nonprofits in ALBANY · New York · Community improvement and capacity building