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Albany, NY economic development organizations

There are 32economic development organizations in the greater AlbanyNew York metro area, including the cities of Albany, Schenectady, and Troy. Combined, these Albany metro economic development organizationsemploy 169 people, earn more than $45 million in revenue each year, and have assets of $250 million.
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Types of economic development organizations in Albany

Nonprofit typeNumberRevenues
Economic development organizations
32
$44,903,573
Urban development organizations
16
$22,449,940
Convention centers and visitor bureaus
2
$4,081,871
Showing 3 of 3categories

Job trends for Albany, NY economic development organizations

Employees per organizationNumber of organizations
0
9
1-10
9
11-25
4
26-100
2
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Albany

Revenues per organizationNumber of organizations
< $250k
13
$250k to $1M
7
$1M to $5M
8
$5M to $25M
2
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Albany

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1-20 of 32

Nybdc Local Development Corporation

To assist small businesses in the acquisition of real property, and construction, renovation or other improvements thereon, and thereby promote and encourage the business prosperity and economic welfare of the state of new york; to encourage and assist in....
Revenue
$12.3m
Assets
$46.5m
Employees
29
EIN
26-4032355
IRS type
501(c)(3)

Saratoga Convention and Tourism Bureau

Saratoga Convention & Tourism Bureau is a key economic development engine for the Saratoga community, the mission of the Saratoga Convention & Tourism Bureau is to contribute a positive impact on the local economy by promoting and marketing Saratoga sprin....
Revenue
$2.1m
Assets
$2.2m
Employees
14
EIN
14-1666181
IRS type
501(c)(6)

Capitalize Albany Corporation

Capitalize Albany Corporation facilitates economic development and investment in the city of Albany, NY.
Revenue
$3.8m
Assets
$24.8m
Employees
10
EIN
22-2353905
IRS type
501(c)(3)

Community Loan Fund of the Capital Region

Finances community development, affordable housing and small businesses through loans from socially concerned investors in Albany, NY.
Revenue
$2.8m
Assets
$26.9m
Employees
15
EIN
22-2706505
IRS type
501(c)(3)

Albany County Convention & Visitors Bureau

We strengthens the awareness of Albany County as a convention and visitor destination, attracting individuals, families and businesses from around the world to increase revenue and stimulate economic development and growth for the community.
Revenue
$2.0m
Assets
$2.1m
Employees
41
EIN
51-0233241
IRS type
501(c)(6)

Downtown Schenectady Improvement Corporation

Downtown Schenectady Improvement Corporation revitalizes the area through economic growth, cultural events, and maintaining cleanliness while promoting unique shops and global dining.
Revenue
$1.5m
Assets
$752.5k
Employees
22
EIN
36-4465022
IRS type
501(c)(3)

Downtown Albany Restoration Program

Revitalizes downtown Albany through business development partnerships and clean/safe assistance to improve quality of life and overall image.
Revenue
$969.9k
Assets
$1.1m
Employees
6
EIN
14-1790346
IRS type
501(c)(3)

Excelsior Local Development Corporation

To assist small businesses in the acquisition of real property, and construction, renovation or other improvements thereon, and thereby promote and encourage the business prosperity and economic welfare of the state of new york; to encourage and assist in....
Revenue
$1.3m
Assets
$3.6m
Employees
1
EIN
84-2112665
IRS type
501(c)(3)

Saratoga Economic Development Corporation

Saratoga Economic Development Corporation promotes economic development in Saratoga County, creating job growth and benefiting approximately 230,000 people. They achieve this by promoting the county to present and prospective industries and businesses.
Revenue
$965.8k
Assets
$1.1m
Employees
6
EIN
14-1605957
IRS type
501(c)(3)

Capital Region Chamber Foundation

The Capital Region Chamber Foundation advances business, civic and economic development through talent and entrepreneurial development initiatives in Albany, NY.
Revenue
$1.2m
Assets
$1.1m
Employees
0
EIN
14-1736856
IRS type
501(c)(3)

Fort Schuyler Management Corporation (FSMC)

FSMC is a State University of New York affiliated, private, not-for-profit, 501c(3) corporation that facilitates research and economic development opportunities in support of New York's emerging nanotechnology and semiconductor clusters.
Revenue
$11.4m
Assets
$111.9m
Employees
0
EIN
27-1459023
IRS type
501(c)(3)

Center for Economic Growth (CEG)

CEG's mission is to work to connect and enable our citizens to identify and take advantage of opportunities to grow and prepare Tech Valley.
Revenue
$1.3m
Assets
$1.8m
Employees
0
EIN
22-2880333
IRS type
501(c)(3)

District Management Association Downtown Troy Business Improvement Dist

Downtown Troy's bid fosters growth, hosts events to bring thousands to the area and celebrates the city's history while building towards its future.
Revenue
$261.0k
Assets
$301.6k
Employees
6
EIN
27-3638583
IRS type
501(c)(3)

The Town of Glenville Local Development Corporationschenectady County New York

GLDC stimulates economic development in Glenville through initiatives and financial assistance for construction, acquisition, rehabilitation, and improvement of buildings or sites.
Revenue
$24.4k
Assets
$426.6k
Employees
0
EIN
46-0967786
IRS type
501(c)(3)

Downtown Troy Business Improvement District Foundation

The Foundation fundraises for and promotes the Downtown Troy Business Improvement District through sponsorship, advertising, and project-based funding.
Revenue
$35.0k
Assets
$43.2k
Employees
N/A
EIN
81-2946188
IRS type
501(c)(3)

Cobleskill Partnership Incorporated

Cobleskill Partnership Inc. fosters economic vitality by educating and promoting the historic preservation, development, and attractions of Cobleskill village.
Revenue
$5,083
Assets
$29.4k
Employees
N/A
EIN
14-1799262
IRS type
501(c)(3)

New York State Rural Housing Coalition

NY State Rural Housing Coalition helps housing and community providers in rural areas through technical assistance, training, and support.
Revenue
$526.9k
Assets
$2.3m
Employees
2
EIN
22-2322510
IRS type
501(c)(3)

Black Womens Business Collective

Black Womens Business Collective is an economic development organization in Albany, NY that was founded in 2022.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
88-3085960
IRS type
501(c)(3)

Empire Alliance for Prosperity

The corporation will be operated for the promotion and improvement of the economic environment in the state of new york and all its citizens through the expansion of opportunity.
Revenue
$0
Assets
$13.3k
Employees
N/A
EIN
84-1817127
IRS type
501(c)(6)

Luther Forest Technology Campus Economic Development Corporation

Luther Forest Technology Campus Economic Development Corporation encourages the location and expansion of the nanotechnology and other industries and the creation of job opportunities in saratoga county.
Revenue
$174.3k
Assets
$17.5m
Employees
0
EIN
20-1263893
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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