EIN 85-4222366

Advance Albany County Alliance Local Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Year formed
2020
Most recent tax filings
2023-12-01
Description
Advance Albany County Alliance Local Development Corporation provides relief and reduction of unemployment in Albany County, promotes and provides maximum adult employment opportunities, maintains adult job opportunities in the county, and carries out programs aimed at accomplishing this mission. Its programs include the distribution of grants to qualifying small businesses in Albany County.
Total revenues
$1,109,856
2023
Total expenses
$899,296
2023
Total assets
$1,169,618
2023
Num. employees
7
2023

Program areas at Advance Albany County Alliance Local Development Corporation

Distribution of grants to qualifying small businesses in Albany County

Grants made by Advance Albany County Alliance Local Development Corporation

GranteeGrant descriptionAmount
Community Loan Fund of the Capital RegionTo Provide Direct Assistance for Small Businesses.$500,000

Personnel at Advance Albany County Alliance Local Development Corporation

NameTitleCompensation
Kevin O'ConnorChief Executive Officer$0
Alan GoldbergChairman$0
Marcia WhiteSecretary$0
Kevin CatalanoSenior Vice President and Director Com Lending$103,314
Alan AlexanderTreasurer$0

Financials for Advance Albany County Alliance Local Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$500,000
Program services$555,737
Investment income and dividends$4,756
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$47,407
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,956
Total revenues$1,109,856

Form 990s for Advance Albany County Alliance Local Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-30990View PDF
2022-122023-05-31990View PDF
2021-122022-08-09990View PDF
2020-122022-04-20990View PDF

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Data update history
February 27, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 22, 2023
Updated personnel
Identified 1 new personnel
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Employment organizationsCharities
Issues
Human servicesJobs and employment
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
111 Washington Ave
Albany, NY 12210
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Phone
(518) 447-5602
IRS details
EIN
85-4222366
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J20: Employment Procurement Assistance and Job Training
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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