Nonprofit · EIN 61-1600398
SCHENECTADY FOUNDATION INC
Tax-exempt · SCHENECTADY, NY 12305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $959,037 | $885,553 | $73,484 | $663,180 | $121,943 | $541,237 |
| December 31, 2023 | 990 | $736,964 | $917,369 | -$180,405 | $671,565 | $203,812 | $467,753 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $974,448
- of which government grants
- $130,736
- Program service revenue
- $0
- Investment income
- $1,979
- Net income from fundraising events
- -$17,390
- Other revenue
- -$17,390
Expenses
- Grants and similar amounts paid
- $159,723
- Compensation of officers, directors and key employees
- $183,176
- Other salaries and wages
- $219,665
- Salaries, compensation and benefits (total)
- $454,240
- Professional fundraising fees
- $0
- Accounting fees
- $19,490
- Occupancy
- $27,500
- Depreciation
- $3,845
- Program services (functional)
- $694,555
- Management and general (functional)
- $168,615
- Fundraising (functional)
- $22,383
Balance sheet and other
- Total assets, start of year
- $671,565
- Total assets, end of year
- $663,180
- Total liabilities, end of year
- $121,943
- Net assets, end of year
- $541,237
- Land, buildings and equipment
- $13,903
- Net assets without donor restrictions
- $183,470
- Net assets with donor restrictions
- $357,767
- Gross receipts
- $981,577
- Employees
- 8
- Volunteers
- 145
- Year formed
- 2009
- 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 |
|---|---|---|---|---|
| ROBERT CARREAU | EXECUTIVE DIRECTOR Officer | 40 | $168,331 | $14,845 |
| JOHAN MATTHEWS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA PEARLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER KENNEALLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYSHEEA TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OMAYRA PADILLA DEJESUS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MONA GOLUB | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN SMITH | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ALFRED TOMPKINS | DIRECTOR, SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL OZIMEK | TREASURER Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT CARREAU | EXECUTIVE DIRECTOR Officer | 40 | $155,586 | $17,734 |
| ALFRED TOMPKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHAN MATTHEWS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIMBERLY KILBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA PEARLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER KENNEALLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYSHEEA TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONA GOLUB | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| OMAYRA PADILLA DEJESUS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN SMITH | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL OZIMEK | TREASURER Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 251 STATE ST, SCHENECTADY, NY 12305-0000
- Principal officer (990 for 2024)
- ROBERT CARREAU, P O BOX 710, SCHENECTADY, NY 12301
- Signed the 990
- ROBERT CARREAU, EXECUTIVE DIRECTOR
- Phone
- (518) 393-9500
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
THE SCHENECTADY FOUNDATION'S MISSION IS TO ACHIEVE SUSTAINABLE IMPROVEMENT IN THE HEALTH AND WELFARE OF PEOPLE, ORGANIZATIONS AND NEIGHBORHOODS IN SCHENECTADY COUNTY THROUGH THE INVESTMENT OF PHILANTHROPIC RESOURCES. THE SCHENECTADY FOUNDATION, INC. PROVIDES ADMINISTRATIVE AND OPERATIONAL SUPPORT TO THE FOUNDATION TO ACHIEVE THIS MISSION.
Program accomplishments
- GRANTS AND SCHOLARSHIPS MADE:THE SCHENECTADY FOUNDATION, INC. PROVIDES ADMINISTRATIVE AND OPERATING SUPPORT TO THE GRANTS AND SCHOLARSHIP PROGRAMS OF THE SCHENECTADY FOUNDATION, INCLUDING THE CREATION OF GRANT APPLICATIONS AND PROCESSES, PROVIDING TECHNICAL ASSISTANCE TO GRANT APPLICATIONS AND GRANTEES, REVIEWING AND EVALUATING APPLICATIONS, ENSURING DUE DILIGENCE AND FOLLOW-UP THROUGH GRANT REPORTING, TRACKING AND MANAGING GRANT CONDITIONS AND PAYMENTS.Expenses $168,328
- STRATEGIC INITIATIVES:SCHENECTADY FOUNDATION, INC. CARRIES OUT THE FOUNDATION'S PROGRAMS AND STRATEGIC INITIATIVES.IN 2024, STRATEGIC INITIATIVES INCLUDED:1. FOOD SECURITY:A. SCHENECTADY COUNTY FOOD COUNCIL - THE FOOD COUNCIL CONTINUED TO WORK IN THREE KEY AREAS TO IMPROVE THE LOCAL FOOD SYSTEM: A.) ACCESS & EQUITY; B.) ADVOCACY & EMPOWERMENT; C.) AGRICULTURE & FOOD SYSTEMS. THE COUNCIL CONDUCTED MANY COMMUNITY MEETINGS TO BETTER UNDERSTAND HOW RESIDENTS ARE EXPERIENCING FOOD INSECURITY, AND TO PRESENT LEARNING OPPORTUNITIES ABOUT A VARIETY OF FOOD AND NUTRITION TOPICS.B. WEEKEND BACKPACK PROGRAM - THE PROGRAM PROVIDES WEEKEND MEALS TO ELEMENTARY SCHOOL CHILDREN IN SCHENECTADY COUNTY. DURING 2024 THERE WERE 200 STUDENTS SERVED.2. NEIGHBORHOODS:A. THRIVING NEIGHBORHOODS CHALLENGE PROJECTS, A PROGRAM SUPPORTING CITY OF SCHENECTADY RESIDENTS TO MAKE NEIGHBORHOOD IMPROVEMENTS, CONTINUED IN 2024. PROJECTS SUCH AS PARK IMPROVEMENTS AND CULTURAL/ EDUCATIONAL PROGRAMS WERE ADVANCED BY THE COOPERATIVE WORK OF 85 VOLUNTEERS WITH THE RESULTING IMPROVEMENTS BENEFITING ALL CITY RESIDENTS (65,000).3. COMMUNITY-DRIVEN SYSTEMS CHANGE:A. THE ONE SCHENECTADY SYSTEMS CHANGE STRATEGY BEGAN IMPLEMENTATION IN 2024 WITH THE ESTABLISHMENT OF A COMMUNITY CHANGE COUNCIL COMPRISED OF RESIDENTS, AND GRASSROOTS AND GRASSTOPS LEADERS. THE CHANGE COUNCIL FOCUSED ITS EFFORTS ON HOUSING ISSUES WITHIN THE CITY, AND THE DEVELOPMENT OF AN APP TO PROVIDE RENTERS WITH GREATER TRANSPARENCY AS TO CODE VIOLATIONS AND CONDITIONS AT RENTAL PROPERTIES. ONE SCHENECTADY SERVES THE ENTIRE COUNTY OF 150,000 PEOPLE BY CHANGING THE SYSTEMS THAT HAVE KEPT CURRENT SOCIETAL INEQUITIES IN PLACE.Expenses $526,227 · grants $159,723
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
- 61-1600398
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $663,180
- Income (IRS master file)
- $981,577
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $959,037 | $885,553 | $663,180 | XML |
| 990 | December 2023 | $736,964 | $917,369 | $671,565 | XML |
| 990 | December 2022 | $1,104,395 | $938,530 | $666,789 | 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 61-1600398).
Questions about SCHENECTADY FOUNDATION INC
- What is the EIN of SCHENECTADY FOUNDATION INC?
- The employer identification number (EIN) of SCHENECTADY FOUNDATION INC is 61-1600398.
- Is SCHENECTADY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SCHENECTADY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SCHENECTADY FOUNDATION 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 SCHENECTADY FOUNDATION 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 SCHENECTADY FOUNDATION 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 SCHENECTADY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ROBERT CARREAU.
- Who are the officers and directors of SCHENECTADY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $168,331 (ROBERT CARREAU, EXECUTIVE DIRECTOR).
- How much revenue does SCHENECTADY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $959,037, expenses of $885,553 and total assets of $663,180 at year end.
Other nonprofits in SCHENECTADY
- THE SCHENECTADY FOUNDATION EIN 14-6019650 · last filed 990 for 2024
- WRIGHT FAMILY FOUNDATION INC EIN 14-1798255 · last filed 990-PF for 2025
- BGCS BUILDING GREAT FUTURES INC EIN 83-1801016 · last filed 990 for 2025
- SONS OF ITALY IN AMERICA EIN 01-0676716 · last filed 990 for 2024
- HARADEN FAMILY FOUNDATION INC EIN 83-3990015 · last filed 990-PF for 2025
- SCHENECTADY CITY SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC EIN 14-1804267 · last filed 990 for 2025
- LISBEN CHARITABLE FOUNDATION INC EIN 58-2395697 · last filed 990-PF for 2025
- PLAY IT FOREWARD 518 INC EIN 47-3963246 · last filed 990-EZ for 2024
All nonprofits in SCHENECTADY · New York · Philanthropy, voluntarism and grantmaking foundations