Nonprofit · EIN 20-4440469
BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC
Tax-exempt · ALBANY, NY 12201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $134,281 | $128,337 | $5,944 | $13,189 | $0 | $13,189 |
| December 31, 2023 | 990-EZ | $74,921 | $108,354 | -$33,433 | $7,245 | $0 | $7,245 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $78,945
- Membership dues
- $43,804
- Program service revenue
- $10,954
- Net income from sales of inventory
- $578
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $15,000
- Salaries, compensation and benefits (total)
- $15,000
- Professional fees and payments to contractors
- $84,638
- Printing, publications and postage
- $438
- Other expenses
- $27,261
Balance sheet and other
- Total assets, start of year
- $7,245
- Total assets, end of year
- $13,189
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,189
- Cash, savings and investments
- $13,189
- Gross receipts
- $134,281
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC ALESSI | EXECUTIVE DIRECTOR | 20 | $15,000 |
| SETH MULLIGAN | DIRECTOR | 1 | $0 |
| EBONY MILLER-WESLEY | DIRECTOR | 1 | $0 |
| JAMEY HOOSE | DIRECTOR | 1 | $0 |
| DEBORAH NOVICK | DIRECTOR | 1 | $0 |
| ARIELLA TROTSENKO | DIRECTOR | 1 | $0 |
| TOM SCHRYVER | CHAIR | 5 | $0 |
| PER STROMHAUG | VICE CHAIR | 2 | $0 |
| THOMAS GRECH | SECRETARY | 2 | $0 |
| THOMAS MURDOCK | TREASURER | 2 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC ALESSI | EXECUTIVE DIRECTOR | 20 | $40,000 |
| SETH MULLIGAN | DIRECTOR | 1 | $0 |
| EBONY MILLER-WESLEY | DIRECTOR | 1 | $0 |
| JAMEY HOOSE | DIRECTOR | 1 | $0 |
| DEBORAH NOVICK | DIRECTOR | 1 | $0 |
| ARIELLA TROTSENKO | DIRECTOR | 1 | $0 |
| TOM SCHRYVER | CHAIR | 5 | $0 |
| PER STROMHAUG | VICE CHAIR | 2 | $0 |
| THOMAS GRECH | SECRETARY | 2 | $0 |
| THOMAS MURDOCK | TREASURER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 95, ALBANY, NY 12201-0095
- In care of
- % DAVID HOCHMAN PRESIDENT
- Mailing address (990-N for 2020)
- PO Box 95, Albany NY 12201
- Principal officer (990-N for 2020)
- Marc Alessi, PO Box 95, Albany NY 12201
- Signed the 990-EZ
- KIM GRANT, EXECUTIVE DIRECTOR
- Phone
- (518) 207-0427
- Website
- WWW.BIANYS.COM
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO BRING TOGETHER A COMMUNITY OF ENGAGED PROGRAM LEADERS OF INCUBATORS, ACCELERATORS, AND CO-WORKING SPACES SPANNING ALL CORNERS OF NEW YORK STATE.
Program accomplishments
- ADVOCATE FOR RESOURCES AVAILABLE TO INCUBATOR-BASED ENTERPRISES AND OTHER ISSUES AFFECTING THEM:BIANYS WORKS TO ADVOCATE ON BEHALF OF ITS MEMBERS IN ALBANY AND DC FOR ISSUES RELATED TO ECONOMIC DEVELOPMENT.
- PROMOTE ENTREPRENEURIAL ACTIVITIES OF INCUBATORS WITHIN THE STATE WITH RELEVANT PROGRAMMING.PROGRAMS INCLUDE:- INCUBATOR MANAGER & STAFF TRAINING, OTHER RELEVANT WEBINARS- SOFT LANDINGS PROGRAM: DESIGNED TO PROVIDE INTERNATIONAL COMPANIES WITH THE NECESSARY BUSINESS, LEGAL AND OPERATIONAL RESOURCES FOR ESTABLISHING NEW YORK-BASED SUBSIDIARIES. THE BIANYS SOFT LANDINGS PROGRAM WILL EDUCATE, MENTOR AND GUIDE ENTREPRENEURS AND COMPANY REPRESENTATIVES AS THEY DEVELOP BUSINESS PLANS FOR EXPANSION.- PRE-INCUBATION EDUCATION
- NETWORK BUSINESS INCUBATORS, INCUBATED COMPANIES, AND OTHERS INTERESTED IN THE INNOVATION ECONOMY OF NEW YORK STATE:VIRTUAL ANNUAL MEETING PANELS:ADVOCATING FOR STARTUPS: WE HEARD FROM SOME OF THE TOP LOBBYISTS AND PROFESSIONALS THAT ADVOCATE FOR THE TOP TECH AND INNOVATION COMPANIES IN THE US ON BEST PRACTICES FOR ADVOCACY FOR STARTUPS AND THE INNOVATION ECONOMY.THE HANDBOOK ON BUSINESS AND TECHNOLOGY INCUBATION/ACCELERATION: WE HOSTED A Q AND A BETWEEN OUR FORMER EXECUTIVE DIRECTOR DAVID HOCHMAN, AND DR. SARFRAZ MIAN FROM SUNY OSWEGO WHO LITERALLY WROTE THE BOOK ON TECHNOLOGY INCUBATION AND ACCELERATION.REGIONAL HOTSPOT ROUNDUP: THE LEADERS OF EACH OF THE 10 REGIONAL INNOVATION HOTSPOTS GAVE US AN UPDATE ON THE LEADING TRENDS AND SUCCESSES IN THEIR RESPECTIVE REGIONS OF NYS.
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-4440469
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $13,189
- Income (IRS master file)
- $134,281
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $134,281 | $128,337 | $13,189 | XML |
| 990-EZ | December 2023 | $74,921 | $108,354 | $7,245 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Marc Alessi | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Marc Alessi | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-4440469).
Questions about BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC
- What is the EIN of BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC?
- The employer identification number (EIN) of BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC is 20-4440469.
- Is BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2007.
- Are donations to BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE 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 BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE 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 BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC?
- The 990-N for 2020 names Marc Alessi.
- Who are the officers and directors of BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $15,000 (MARC ALESSI, EXECUTIVE DIRECTOR).
- How much revenue does BUSINESS INCUBATOR ASSOCIATION OFNEW YORK STATE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $134,281, expenses of $128,337 and total assets of $13,189 at year end.
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