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EIN 36-4619281

University at Albany Bioscience Development Corporation

IRS 501(c) type
501(c)(25)
Num. employees
0
City
Albany
State
New York
Year formed
2007
Most recent tax filings
2023-06-01
NTEE code, primary
S47: Real Estate Organizations
Description
University at Albany Bioscience Development Corporation acquires, holds and develops real property for the purpose of creating a commercial life science, research and technology cluster. Its real estate activity involves developing scientific research facilities that enhance scholarly programs for faculty, visiting scholars, students and staff.
Related structure
University at Albany Bioscience Development Corporation is a subordinate organization under University at Albany Foundation.
Total revenues
$6,725,412
2023
20192020202120222023$6m$7m$8m
Total expenses
$8,113,665
2023
20192020202120222023$7.5m$7.9m$8.3m
Total assets
$40,703,048
2023
20192020202120222023$40m$44m
Num. employees
0
2023
2019202020212022202300.51

Program areas at University at Albany Bioscience Development Corporation

Real estate rental income - aquire, hold and develop real property in which science research and scholary programs for the enhancement of faculty, visiting scholars, students and staff shall be located; and which scientific research facilities shall enhance the ability of the University at Albany and suny to attract public and private funds to further research and scholarly studies.

Personnel at University at Albany Bioscience Development Corporation

NameTitleCompensation
Richard McGinnExecutive Director$0
George HearstIti Vice President X$0
Jeffrey BlackTreasurer X$0
Edward SwyerPresident / Secretary$0
Fardin SanaiSecretary / Director 5.00 T X$0
...and 2 more key personnel

Financials for University at Albany Bioscience Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$230,741
Program services$6,363,577
Investment income and dividends$121,768
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$9,326
Total revenues$6,725,412

Form 990s for University at Albany Bioscience Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-10990View PDF
2021-062022-05-09990View PDF
2020-062022-03-25990OView PDF
2019-062021-05-04990OView PDF
...and 9 more Form 990s

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330 North BrandHartford, CT$9,200,935
Midnight Sun VHartford, CT$2,491,173
Aew Capital ManagementBoston, MA$3,615,024
Memphis Industrial Park InvestorsHartford, CT$4,338,805
Versant Place ApartmentsNew York, NY$1,976,777
Data update history
July 3, 2023
Updated personnel
Identified 1 new personnel
July 1, 2023
Used new vendors
Identified 1 new vendor, including
May 20, 2023
Updated personnel
Identified 5 new personnel
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $250,000 from University at Albany Foundation
May 12, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Business and community development organizationsReal estate organizationsChapter / child organizations
Issues
No issues found
Characteristics
State / local levelReceives government fundingNo full-time employees
General information
Address
1400 Washington Ave Uab 226
Albany, NY 12222
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
uabdc.org/ 
Phone
(518) 437-5090
IRS details
EIN
36-4619281
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S47: Real Estate Organizations
NAICS code, primary
5313: Real Estate Services
Parent/child status
Subordinate organization
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