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Nonprofit · EIN 26-0374580

THE STRATEGIC ECONOMIC CONSORTIUM INC

Also known as T-SEC

Tax-exempt · KINGSTON, NY 12401

Financials

$3K$184K2023$4K$125K2024
Revenue Expenses · by fiscal year end
Financials of THE STRATEGIC ECONOMIC CONSORTIUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,216$125,083-$120,867$508,928$2,589$506,339
December 31, 2023990$2,703$184,461-$181,758$1,156,376$534,042$622,334
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,745
of which government grants
$2,745
Program service revenue
$0
Investment income
$1,471
Net gain from sales of assets
-$3,502
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$27,208
Other salaries and wages
$25,192
Salaries, compensation and benefits (total)
$57,155
Professional fundraising fees
$0
Legal fees
$2,500
Accounting fees
$2,134
Occupancy
$4,872
Depreciation
$31,093
Program services (functional)
$54,013
Management and general (functional)
$71,070

Balance sheet and other

Total assets, start of year
$1,156,376
Total assets, end of year
$508,928
Total liabilities, end of year
$2,589
Net assets, end of year
$506,339
Land, buildings and equipment
$2,278
Net assets without donor restrictions
$506,339
Gross receipts
$22,118
Employees
2
Volunteers
6
Year formed
2007
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.

NameTitleHours / weekCompensation
CARL E MEYERPRESIDENT/CEO (SEE SCH. O)
Trustee or director, Officer
20$81,023
FRANK FALATYNSECRETARY
Trustee or director, Officer
1$0
DANIEL AHOUSEVICE CHAIRMAN
Trustee or director, Officer
1$0
WILLIAM JEMISONDIRECTOR
Trustee or director
1$0
WILLIAM DURGINDIRECTOR
Trustee or director
1$0
DON TEGELERTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
CARL E MEYERPRESIDENT/CEO
Trustee or director, Officer
20$0$27,000
FRANK FALATYNSECRETARY
Trustee or director, Officer
1$0$0
DANIEL AHOUSEVICE CHAIRMAN
Trustee or director, Officer
1$0$0
WILLIAM JEMISONDIRECTOR
Trustee or director
1$0$0
WILLIAM DURGINDIRECTOR
Trustee or director
1$0$0
DON TEGELERTREASURER
Trustee or director, Officer
1$0$0
KEVIN BRADYDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
436 OLD NEIGHBORHOOD RD, KINGSTON, NY 12401-1508
In care of
% VINCENT COZZOLINO
Mailing address (990-N for 2025)
436 OLD NEIGHBORHOOD RD, KINGSTON NY 12401
Principal officer (990 for 2024)
CARL E MEYER, 436 OLD NEIGHBORHOOD RD, KINGSTON, NY 12401
Principal officer (990-N for 2025)
CARL E MEYER, 436 OLD NEIGHBORHOOD RD, KINGSTON NY 12401
Signed the 990
CARL E MEYER, PRESIDENT & CEO
Phone
(845) 336-0100
Return prepared by
UHY ADVISORS NORTHEAST INC

Mission

TO ASSIST AND ACCLERATE GROWTH OF SMALL TO MEDIUM-SIZED MANUFACTURERS AND ENTREPRENEURS IN NEW YORK STATE'S HUDSON VALLEY REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • SMARTT LABS & PODS EQUIPMENT - PURCHASE AND INSTALL MANUFACTURING AND CHARACTERIZATION CAPITAL EQUIPMENT FOR THE SMARTT (SUNY MANUFACTURING ALLIANCE TECHNOLOGY TRANSFER) LABS AND SMARTT PODS LOCATED AT HUDSON VALLEY BUSINESSES AND ON SUNY CAMPUSES.
    Expenses $54,013

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0374580
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
2007
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Environment (C35)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: CARL E MEYER
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024$4,216$125,083$508,928XML
990December 2023$2,703$184,461$1,156,376XML
990December 2022-$278,273$245,018$594,733IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 26-0374580).

Questions about THE STRATEGIC ECONOMIC CONSORTIUM INC

What is the EIN of THE STRATEGIC ECONOMIC CONSORTIUM INC?
The employer identification number (EIN) of THE STRATEGIC ECONOMIC CONSORTIUM INC is 26-0374580.
Is THE STRATEGIC ECONOMIC CONSORTIUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE STRATEGIC ECONOMIC CONSORTIUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE STRATEGIC ECONOMIC CONSORTIUM INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of THE STRATEGIC ECONOMIC CONSORTIUM INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE STRATEGIC ECONOMIC CONSORTIUM INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of THE STRATEGIC ECONOMIC CONSORTIUM INC?
The 990 for the year ended December 31, 2024 names CARL E MEYER.
Who are the officers and directors of THE STRATEGIC ECONOMIC CONSORTIUM INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $81,023 (CARL E MEYER, PRESIDENT/CEO (SEE SCH. O)).
How much revenue does THE STRATEGIC ECONOMIC CONSORTIUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,216, expenses of $125,083 and total assets of $508,928 at year end.

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