Nonprofit · EIN 56-2345142
UPSTATE CAPITAL ASSOCIATION OF NY INC
Tax-exempt · GANSEVOORT, NY 12831
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $542,018 | $585,621 | -$43,603 | $321,346 | $160,132 | $161,214 |
| December 31, 2023 | 990 | $456,660 | $489,067 | -$32,407 | $367,787 | $162,970 | $204,817 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $542,018
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $158,051
- Other salaries and wages
- $121,273
- Salaries, compensation and benefits (total)
- $338,233
- Professional fundraising fees
- $0
- Accounting fees
- $14,520
- Occupancy
- $3,868
- Travel
- $5,446
- Program services (functional)
- $455,655
- Management and general (functional)
- $95,064
- Fundraising (functional)
- $34,902
Balance sheet and other
- Total assets, start of year
- $367,787
- Total assets, end of year
- $321,346
- Total liabilities, end of year
- $160,132
- Net assets, end of year
- $161,214
- Gross receipts
- $542,018
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2003
- 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 | Other / benefits |
|---|---|---|---|---|
| NOA SIMONS | PRESIDENT/CEO Officer | 28 | $153,449 | $4,603 |
| RANDY BIANCHI | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS QUINN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BROWN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RAMI KATZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOMINIC MAMMARELLA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN MODEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SAM TICKNOR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARI DAVID KOCEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE LASCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELSEY THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SOMAK CHATTOPADHYAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIKRAM AGRAWAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICHOLAS QUERQUES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETE GRUM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE DINOLFO | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICA CHOI | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTOPHER RODI | BOARD MEMBER Trustee or director | 1 | $0 |
| HOLLY MERGENHAGEN | BOARD MEMBER Trustee or director | 1 | $0 |
| HEIDI KNOBLAUCH | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID DRAHMS | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE SHIMAZU | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSH NELSON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NOA SIMONS | President/CEO Trustee or director, Officer, Key employee, Highest-paid employee | 28 | $173,250 | $5,250 |
| RANDY BIANCHI | Board Chair Trustee or director | 1 | $0 | $0 |
| THOMAS QUINN | Secretary Trustee or director | 1 | $0 | $0 |
| DAVID BROWN | Treasurer Trustee or director | 1 | $0 | $0 |
| RAMI KATZ | Board Member Trustee or director | 1 | $0 | $0 |
| JENNIFER TEGAN | Board Member Trustee or director | 1 | $0 | $0 |
| BRIAN MODEL | Board Member Trustee or director | 1 | $0 | $0 |
| SAM TICKNOR | Board Member Trustee or director | 1 | $0 | $0 |
| ARI DAVID KOCEN | Board Member Trustee or director | 1 | $0 | $0 |
| MIKE LASCH | Board Member Trustee or director | 1 | $0 | $0 |
| DAVID HELGERSON | Board Member Trustee or director | 1 | $0 | $0 |
| SOMAK CHATTOPADHYAY | Board Member Trustee or director | 1 | $0 | $0 |
| VIKRAM AGRAWAL | Board Member Trustee or director | 1 | $0 | $0 |
| NICHOLAS QUERQUES | Board Member Trustee or director | 1 | $0 | $0 |
| SEAN MOSKAL | Board Member Trustee or director | 1 | $0 | $0 |
| PETE GRUM | Board Member Trustee or director | 1 | $0 | $0 |
| DAVE DINOLFO | Board Member Trustee or director | 1 | $0 | $0 |
| MARISSA WILEY | Secretary Former | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 ROLLING HILLS DR, GANSEVOORT, NY 12831-1793
- In care of
- % BOYLAN BROWN CODE VIGDOR & WILSON
- Principal officer (990 for 2024)
- SHELBY SCHNEIDER, 42 NORTH CHESTNUT STREET 101, NEW PALTZ, NY 12561
- Signed the 990
- SHELBY SCHNEIDER, PRESIDENT & CEO
- Phone
- (845) 204-8090
- Website
- HTTPS://UPSTATECAPITAL.ORG/
- Return prepared by
- BONADIO & CO LLP
Mission
ADVANCING THE NUMBER, SCALE, AND QUALITY OF PRIVATE EQUITY INVESTMENTS ACROSS NEW YORK STATE; WORKING WITH ENTREPRENEURS, COMPANIES SEEKING FUNDING, PRIVATE EQUITY FIRMS AND OTHER PROFESSIONALS TO IMPROVE THE NUMBER AND QUALITY OF TRANSACTIONS IN WHICH INVESTMENTS CAN BE MADE.
Program accomplishments
- DURING THE YEAR, NETWORKING AND EDUCATIONAL EVENTS WERE HELD AROUND NEW YORK STATE AND VIRTUALLY. THESE EVENTS WERE ATTENDED BY START UP COMPANIES AND VENTURE CAPITAL COMPANIES TO EDUCATE THEM ON THE FUNDING PROCESS IN NEW YORK STATE.Expenses $455,655 · revenue $542,018
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
- 56-2345142
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $321,346
- Income (IRS master file)
- $542,018
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $542,018 | $585,621 | $321,346 | XML |
| 990 | December 2023 | $456,660 | $489,067 | $367,787 | XML |
| 990 | December 2022 | $576,740 | $555,569 | $397,968 | 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 56-2345142).
Questions about UPSTATE CAPITAL ASSOCIATION OF NY INC
- What is the EIN of UPSTATE CAPITAL ASSOCIATION OF NY INC?
- The employer identification number (EIN) of UPSTATE CAPITAL ASSOCIATION OF NY INC is 56-2345142.
- Is UPSTATE CAPITAL ASSOCIATION OF NY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
- Are donations to UPSTATE CAPITAL ASSOCIATION OF NY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does UPSTATE CAPITAL ASSOCIATION OF NY 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 UPSTATE CAPITAL ASSOCIATION OF NY 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 UPSTATE CAPITAL ASSOCIATION OF NY 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 UPSTATE CAPITAL ASSOCIATION OF NY INC?
- The 990 for the year ended December 31, 2024 names SHELBY SCHNEIDER.
- Who are the officers and directors of UPSTATE CAPITAL ASSOCIATION OF NY INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $153,449 (NOA SIMONS, PRESIDENT/CEO).
- How much revenue does UPSTATE CAPITAL ASSOCIATION OF NY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $542,018, expenses of $585,621 and total assets of $321,346 at year end.
Other nonprofits in GANSEVOORT
- SOCIETY OF WOMEN ENGINEERS EIN 01-0700955 · last filed 990-N for 2025
- AMERICAN FEDERATION OF TEACHERS EIN 23-7364574 · last filed 990 for 2025
- WILTON WILDLIFE PRESERVE & PARK INC EIN 14-1825475 · last filed 990 for 2024
- SCHENECTADY WINTERSPORTS CLUB INC EIN 14-1467285 · last filed 990-EZ for 2026
- JACK FALVO III FOUNDATION OFSCHENECTADY INC EIN 20-4918456 · last filed 990 for 2024
- HOP ON HOME RABBIT SANCTUARY INC EIN 84-4149903 · last filed 990-EZ for 2025
- WILTON VOLUNTEER FIRE COMPANY INC EIN 30-1278222 · last filed 990-EZ for 2021
- JANA DOMINO THOROUGHBRED FOUNDATION INC EIN 13-4084439 · last filed 990-PF for 2025
All nonprofits in GANSEVOORT · New York · Community improvement and capacity building