Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 85-4222366

ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION

Tax-exempt · ALBANY, NY 12210

Financials

$1.1M$899K2023$2.7M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,660,827$1,524,281$1,136,546$6,115,682$4,160,254$1,955,428
December 31, 2023990$1,109,856$899,296$210,560$1,169,618$350,736$818,882
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,455,669
of which government grants
$1,455,669
Program service revenue
$1,043,375
Investment income
$126,228
Net rental income
$35,555
Other revenue
$35,555

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$335,809
Other salaries and wages
$363,874
Salaries, compensation and benefits (total)
$699,683
Professional fundraising fees
$0
Legal fees
$349,677
Occupancy
$100,444
Travel
$17,234
Depreciation
$36,330
Program services (functional)
$1,408,051
Management and general (functional)
$116,230

Balance sheet and other

Total assets, start of year
$1,169,618
Total assets, end of year
$6,115,682
Total liabilities, end of year
$4,160,254
Net assets, end of year
$1,955,428
Land, buildings and equipment
$358,038
Net assets without donor restrictions
$1,955,428
Gross receipts
$2,660,827
Employees
13
Volunteers
9
Year formed
2020
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 / weekCompensationOther / benefits
KEVIN CATALANOSR VICE PRESIDENT / DIR. C
Officer
37.5$115,052$37,328
AMY THOMPSONCFO
Officer
37.5$101,921$24,055
KEVIN O'CONNORCEO
Officer
1$54,389$3,064
ALAN GOLDBERGCHAIRMAN
Trustee or director, Officer
1$0$0
ALAN ALEXANDERTREASURER
Trustee or director, Officer
1$0$0
JOANNE CUNNINGHAMEX-OFFICIO
Trustee or director
1$0$0
DAN MCCOYEX-OFFICIO
Trustee or director
1$0$0
MICHAEL CINQUANTIMEMBER
Trustee or director
1$0$0
HELEN BROOKSMEMBER
Trustee or director
1$0$0
RICHARD ROSENOFFICER
Trustee or director
1$0$0
MICHAEL CASSIDYMEMBER
Trustee or director
1$0$0
LAURA ZELLGERMEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
KEVIN CATALANOSR VICE PRESIDENT / DIR. C
Officer
37.5$107,781$21,213
AMY THOMPSONCFO
Officer
37.5$74,779$12,204
KEVIN O'CONNORCEO
Officer
1$12,308$0
ALAN GOLDBERGCHAIRMAN
Trustee or director, Officer
1$0$0
ALAN ALEXANDERTREASURER
Trustee or director, Officer
1$0$0
ANDREW JOYCEEX-OFFICIO
Trustee or director
1$0$0
DAN MCCOYEX-OFFICIO
Trustee or director
1$0$0
MICHAEL CINQUANTITRUSTEE
Trustee or director
1$0$0
MARCIA WHITESECRETARY
Trustee or director, Officer
1$0$0
RICHARD ROSENVICE CHAIRMAN
Trustee or director
1$0$0
THOMAS NARDACCITRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
111 WASHINGTON AVENUE, ALBANY, NY 12210-2214
Principal officer (990 for 2024)
KEVIN O'CONNOR, 111 WASHINGTON AVE, ALBANY, NY 12210
Signed the 990
KEVIN O'CONNOR, CEO
Phone
(518) 447-5602
Return prepared by
BONADIO & CO LLP

Mission

THE EXEMPT PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO RELIEVE AND REDUCE UNEMPLOYMENT IN ALBANY COUNTY, PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM ADULT EMPLOYMENT IN THE COUNTY BETTER AND MAINTAIN ADULT JOB OPPORTUNITIES IN THE COUNTY, CARRY ON SCIENTIFIC RESEARCH FOR THE PURPOSE OF AIDING THE COUNTY BY ATTRACTING NEW INDUSTRY OR BY ENCOURAGING THE DEVELOPMENT OR RETENTION OF INDUSTRY IN THE COUNTY, LESSEN THE BURDENS OF GOVERNMENT AND ACT IN THE PUBLIC INTEREST.

990 for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTION OF GRANTS TO QUALIFYING SMALL BUSINESSES IN ALBANY COUNTY
    Expenses $1,408,051 · revenue $1,205,158

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-4222366
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J01)
Assets (IRS master file)
$15,274,447
Income (IRS master file)
$7,083,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,660,827$1,524,281$6,115,682XML
990December 2023$1,109,856$899,296$1,169,618XML
990December 2022$731,609$474,314$1,041,855IRS
990December 2021–––IRS
990December 2020–––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 85-4222366).

Questions about ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION

What is the EIN of ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION is 85-4222366.
Is ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT 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 ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT 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 ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION 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 ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names KEVIN O'CONNOR.
Who are the officers and directors of ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $115,052 (KEVIN CATALANO, SR VICE PRESIDENT / DIR. C).
How much revenue does ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,660,827, expenses of $1,524,281 and total assets of $6,115,682 at year end.

Other nonprofits in ALBANY

All nonprofits in ALBANY · New York · Employment