Nonprofit · EIN 27-1606453
UPSTATE VENTURE CONNECT CORPORATION
Tax-exempt · LITTLE FALLS, NY 13365
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 (amended) | $568,346 | $521,956 | $46,390 | $244,780 | $76,964 | $167,816 |
| December 31, 2024 | 990 | $374,855 | $325,749 | $49,106 | $169,267 | $47,841 | $121,426 |
| December 31, 2023 | 990 | $314,166 | $376,752 | -$62,586 | $75,315 | $2,995 | $72,320 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $310,725
- Membership dues
- $46,932
- Program service revenue
- $257,621
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $157,100
- Salaries, compensation and benefits (total)
- $257,100
- Professional fundraising fees
- $0
- Accounting fees
- $20,794
- Travel
- $20,945
- Program services (functional)
- $322,958
- Management and general (functional)
- $147,849
- Fundraising (functional)
- $51,149
Balance sheet and other
- Total assets, start of year
- $169,267
- Total assets, end of year
- $244,780
- Total liabilities, end of year
- $76,964
- Net assets, end of year
- $167,816
- Land, buildings and equipment
- $943
- Net assets without donor restrictions
- $167,816
- Gross receipts
- $568,346
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2010
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Olivia Goldstein | Executive Director Officer | 40 | $0 | $100,000 |
| Syed Nasir Ali | Co Founder Trustee or director | 1 | $0 | $0 |
| Martin Babinec | Chairman Trustee or director | 1 | $0 | $0 |
| Zachary Shulman | Trustee Trustee or director | 1 | $0 | $0 |
| Mary Malone McCarthy | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Gursha | Trustee Trustee or director | 1 | $0 | $0 |
| Jeff Valentine | Trustee Trustee or director | 1 | $0 | $0 |
| Prabhdeep Singh | Trustee Trustee or director | 1 | $0 | $0 |
| Jack Greco | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Olivia Goldstein | Executive Director Officer | 40 | $90,000 |
| Syed Nasir Ali | Co Founder Trustee or director | 1 | $0 |
| Martin Babinec | Chairman Trustee or director | 1 | $0 |
| Zachary Shulman | Trustee Trustee or director | 1 | $0 |
| Marnie LaVigne | Trustee Trustee or director | 1 | $0 |
| Christine Tate | Trustee Trustee or director | 1 | $0 |
| Jeff Valentine | Trustee Trustee or director | 1 | $0 |
| Richard Glaser | Trustee Trustee or director | 1 | $0 |
| Jack Greco | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Syed Nasir Ali | CEO Officer | 40 | $100,000 |
| Martin Babinec | Chairman Trustee or director | 2 | $0 |
| Zachary Shulman | Trustee Trustee or director | 1 | $0 |
| Marnie LaVigne | Trustee Trustee or director | 1 | $0 |
| Christine Tate | Trustee Trustee or director | 1 | $0 |
| Jeff Valentine | Trustee Trustee or director | 1 | $0 |
| Richard Glaser | Trustee Trustee or director | 1 | $0 |
| Jack Greco | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 28 WAVERLY PL, LITTLE FALLS, NY 13365-1534
- In care of
- % MARTIN BABINEC
- Principal officer (990 for 2025)
- Syed Nasir Ali, 28 Waverly Place, Little Falls, NY 13365
- Signed the 990
- Syed Nasir Ali, Chairman
- Phone
- (315) 823-2682
- Website
- uvc.org
- Return prepared by
- Evans and Bennett LLP
Mission
Upstate Venture Connect is an entrepreneur-led nonprofit focused on building a region wide startup community. We connect high growth company founders with the people and resources needed for success.
Program accomplishments
- Upstate Venture Connect had some seminars to try to accelerate the creation and growth of knowledge based business fueled by private capital, promote collaboration across NY.Expenses $322,958 · revenue $257,621
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 | 990 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
- 27-1606453
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S19)
- Assets (IRS master file)
- $244,780
- Income (IRS master file)
- $568,346
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $568,346 | $521,956 | $244,780 | XML |
| 990 | December 2024 | $374,855 | $325,749 | $169,267 | XML |
| 990 | December 2023 | $314,166 | $376,752 | $75,315 | XML |
| 990 | December 2022 | $391,537 | $353,792 | $139,391 | 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 27-1606453).
Questions about UPSTATE VENTURE CONNECT CORPORATION
- What is the EIN of UPSTATE VENTURE CONNECT CORPORATION?
- The employer identification number (EIN) of UPSTATE VENTURE CONNECT CORPORATION is 27-1606453.
- Is UPSTATE VENTURE CONNECT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to UPSTATE VENTURE CONNECT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UPSTATE VENTURE CONNECT CORPORATION 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 UPSTATE VENTURE CONNECT CORPORATION 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 UPSTATE VENTURE CONNECT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of UPSTATE VENTURE CONNECT CORPORATION?
- The 990 for the year ended December 31, 2025 names Syed Nasir Ali.
- Who are the officers and directors of UPSTATE VENTURE CONNECT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does UPSTATE VENTURE CONNECT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $568,346, expenses of $521,956 and total assets of $244,780 at year end.
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All nonprofits in LITTLE FALLS · New York · Community improvement and capacity building