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Nonprofit · EIN 87-1183988

NYDESIGN INC

Tax-exempt · TROY, NY 12180

Financials

$400K$339K2024
Revenue Expenses · by fiscal year end
Financials of NYDESIGN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$400,015$338,925$61,090$113,212$46,391$66,821
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$400,000
Program service revenue
$0
Investment income
$15
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$199,200
Accounting fees
$1,200
Occupancy
$10,624
Travel
$5,371
Depreciation
$2,500
Program services (functional)
$158,830
Management and general (functional)
$180,095

Balance sheet and other

Total assets, start of year
$18,857
Total assets, end of year
$113,212
Total liabilities, end of year
$46,391
Net assets, end of year
$66,821
Land, buildings and equipment
$833
Gross receipts
$400,015
Employees
0
Volunteers
0
Year formed
2021
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PETER KEHOESECRETARY
Trustee or director, Officer
1$0
PATRICIA BENGRAFFTREASURER
Trustee or director, Officer
1$0
MARK REYNOLDSBOARD MEMBER
Trustee or director
1$0
LAMAR HILLEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
DAVID ROONEYEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
TIMOTHY THOMASBOARD MEMBER
Trustee or director
1$0
ROBERT MAINSBOARD MEMBER
Trustee or director
1$0
PAUL KELLYBOARD CHAIR
Trustee or director
1$0
WILLIAM BRONNERBOARD MEMBER
Trustee or director
1$0
RICH GOLDMANBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
333 BROADWAY STE 380, TROY, NY 12180-3559
Principal officer (990 for 2024)
LAMAR HILL, 333 BROADWAY 380, TROY, NY 12180
Signed the 990
PATRICIA BENGRAFF, TREASURER
Phone
(518) 852-5797
Return prepared by
WOJESKI & COMPANY CPA'S PC

Mission

NYDESIGN SEEKS TO DEMOCRATIZE ACCESS ACROSS NEW YORK TO THE SKILLS AND TOOLS NECESSARY FOR CREATORS TO DESIGN, FABRICATE AND VERIFY THEIR OWN INTEGRATED CIRCUITS, BEGINNING WITH UNIVERSITY STUDENTS AS A PROOF-OF-CONCEPT. ADDITIONALLY, NYDESIGN WILL ORGANIZE, ATTRACT, ATTRACT AND GROW A IC DESIGN REGIONAL CLUSTER HEADQUARTERED IN TROY NY.

990 for the year ended June 30, 2025

Program accomplishments

  • NYDESIGN HOSTS HANDS-ON WORKSHOPS TO GUIDE STUDENTS THROUGH THE PROCESS OF CREATING AND SUBMITTING A IC DESIGN PROJECT USING THE EFABLESS CHIPIGNITE PLATFORM. THESE WORKSHOPS ARE OPEN TO SELECT NEW YORK STATE ACADEMIC INSTITUTIONS AND INVITED INDUSTRY PARTNERS.
    Expenses $158,830

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-1183988
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
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$113,212
Income (IRS master file)
$400,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024$2,779$220,627$18,857IRS
990June 2023$1,960$350,217$230,982IRS
990June 2022$625,000$158,996$466,004IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about NYDESIGN INC

What is the EIN of NYDESIGN INC?
The employer identification number (EIN) of NYDESIGN INC is 87-1183988.
Is NYDESIGN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to NYDESIGN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NYDESIGN 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 NYDESIGN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NYDESIGN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NYDESIGN INC?
The 990 for the year ended June 30, 2025 names LAMAR HILL.
Who are the officers and directors of NYDESIGN INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does NYDESIGN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $400,015, expenses of $338,925 and total assets of $113,212 at year end.

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