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Capitalize Albany Corporation

Public charityFed auditsIRS 990
Community Development · ALBANY, NY · EIN 22-2353905
OverviewMoney InMoney OutPeopleConnected OrgsAuditsPositionsInterviewEndorsements

About

The mission of capitalize albany corporation is to facilitate strategic economic development and stimulate transformative investment throughout the city of albany, making new YORK's capital a vibrant place to thrive.

Donations are tax-deductible
Category
Community Development
Employees
10
Volunteers
13

Financial Snapshot

FY ending 2023-12-31
Revenue
$3.8M
Expenses
$2.0M
Assets
$24.8M
Liabilities
$5.8M

Financial history

$5.6M$2.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $3.8M · Peak FY2019: $5.6M · Avg: $3.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$271K
CAPITALIZE ALBANY CORPORATION
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Address

21 Lodge ST
Albany, NY, 12207-210

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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