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Form 990 For Self-Employed Organizations: Tax Year 2021.pdf

CAC-2021-Form-990.pdf
Preview of Form 990 for Self-Employed Organizations: Tax Year 2021
🔗 Source: capitalizealbany.com
📊 Size: 334 KB
📄 Pages: 44 pages
⬇️ Downloads: 20

Summary

The organization is a 501(c)(3) corporation, Capitalize Albany Corporation, with a mission to facilitate strategic economic development and stimulate transformative investment in the city of Albany. The organization's program services include:

Managing the city of Albany's industrial development agency and capital resources corporation
 Administering small business grant programs on behalf of the city of Albany
Developing and implementing strategic economic development initiatives, such as Impact Downtown and the Liberty Park development

The organization's revenue and expenses for the 2021 calendar year are as follows:

Revenue: $1,093,392
Expenses: $1,129,828
 Net assets or fund balances: $2,239,965

The organization's board of directors includes:

Michael Castellana, President
 Sarah Reginelli, President
* James Daniels, Treasurer

The organization's total program service expenses are $1,427,289, which includes expenses for the management of the city of Albany's industrial development agency and capital resources corporation, as well as expenses for the administration of small business grant programs and the development and implementation of strategic economic development initiatives.

The organization's total assets are $2,084,460, and its total liabilities are $8,139,427. The organization's net assets or fund balances are $23,969,863.

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  • File Format: PDF
  • File Size: 334 KB
  • Pages: 44
  • Language: EN
  • Total Downloads: 20
  • Last Updated: 1 month ago

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