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New York economic development organizations

There are 605 economic development organizations in New York. Combined, these New Yorker economic development organizations employ 5,470 people, earn more than $1 billion in revenue each year, and have assets of $6 billion.
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Types of economic development organizations in New York

Nonprofit typeNumberRevenues
Economic development organizations
 
605
 
$1,250,468,958
Urban development organizations
 
339
 
$879,293,062
Convention centers and visitor bureaus
 
18
 
$95,396,191
Showing 3 of 3 categories

Economic development organizations by major New York cities

Metro areaNonprofitsRevenues
New York City
 
273
 
$975,816,720
Rochester, NY
 
52
 
$27,199,648
Buffalo
 
44
 
$65,091,324
Syracuse
 
35
 
$36,266,944
Albany, NY
 
32
 
$44,903,573
Utica
 
14
 
$15,699,517
Poughkeepsie
 
13
 
$3,704,014
Binghamton
 
11
 
$4,463,384
Ithaca
 
10
 
$8,371,087
Glens Falls
 
10
 
$6,923,643
Showing 10 of 13 metros

Job trends for New York economic development organizations

Employees per organizationNumber of organizations
0
 
174
1-10
 
112
11-25
 
32
26-100
 
26
101 to 1,000
 
11
1,000+
 
0
Key takeaways for employment stats:

Sizes of economic development organizations in New York

Revenues per organizationNumber of organizations
< $250k
 
193
$250k to $1M
 
97
$1M to $5M
 
93
$5M to $25M
 
23
$25M to $100M
 
6
$100M+
 
3
Key takeaways for revenue stats:

Directory of economic development organizations in New York

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1-20 of 605

Local Initiatives Support Corporation

Local Initiatives Support Corporation empowers communities by providing flexible lending, grants, and resources to foster inclusive, resilient neighborhoods across America.
Revenue
$290.2m
Assets
$1.4b
Employees
830
EIN
13-3030229
IRS type
501(c)(3)

Discover Long Island

Discover Long Island is the official tourism promotion agency responsible for promoting the Long Island region as a destination for tourism, meetings, conventions and sporting events.
Revenue
$3.5m
Assets
$4.6m
Employees
24
EIN
52-1137306
IRS type
501(c)(6)

New York City Tourism Conventions

NYC & Company is the official destination marketing organization for the five boroughs of New York City. To maximize travel and tourism opportunities throughout the City, build economic prosperity and spread the dynamic image of New York City around the.
Revenue
$61.5m
Assets
$25.3m
Employees
105
EIN
13-5531178
IRS type
501(c)(6)

Centerstate Corporation for Economic Opportunity

A private, not-for-profit organization serving as a business leadership and economic development center for twelve counties in Syracuse, NY.
Revenue
$16.5m
Assets
$33.1m
Employees
70
EIN
27-2620882
IRS type
501(c)(6)

Times Square Alliance

The Times Square Alliance works to improve and promote Times Square - making it clean & safe while cultivating the creativity, energy and edge that have made the area an icon of entertainment, culture and urban life for over a century.
Revenue
$25.9m
Assets
$23.0m
Employees
203
EIN
13-3627527
IRS type
501(c)(3)

Boc Capital Corporation

Boc Capital Corporation promotes economic development through microloan and small business loan programs. It's based in Brooklyn, NY.
Revenue
$5.1m
Assets
$29.1m
Employees
0
EIN
11-3596666
IRS type
501(c)(3)

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)

New York City Partnership Foundation

To advance the economy of New York City and contribute directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.
Revenue
$11.1m
Assets
$44.0m
Employees
0
EIN
13-3202011
IRS type
501(c)(3)

Alliance for Downtown New York

Alliance for Downtown NY advances Lower Manhattan as a business district through advocacy, research, information services and free circulator bus.
Revenue
$23.7m
Assets
$26.5m
Employees
0
EIN
13-3791550
IRS type
501(c)(3)

National Basketball Association Foundation

NBA Foundation funds programs for black youth to secure meaningful employment and economic empowerment in their communities.
Revenue
$33.5m
Assets
$40.7m
Employees
8
EIN
85-3122376
IRS type
501(c)(3)

Upper Manhattan Empowerment Zone Development Corporation (UMEZ)

To sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance.
Revenue
$6.0m
Assets
$79.5m
Employees
20
EIN
13-3808669
IRS type
501(c)(3)

Brooklyn Navy Yard Development Corporation (BNYDC)

The mission of BLDG 92 is to celebrate the Navy Yard's past, present and future, and to promote the role the Yard and its tenants play as an engine for job creation and sustainable urban industrial growth.
Revenue
$119.3m
Assets
$1.0b
Employees
398
EIN
11-2137138
IRS type
501(c)(3)

The national Development council

National Development Council operates two CDFIs for distressed cities, offers technical assistance to clients, and is located in Brooklyn, NY.
Revenue
$35.9m
Assets
$46.7m
Employees
102
EIN
13-6532871
IRS type
501(c)(3)

Greater Jamaica Development Corporation

Greater Jamaica Development Corporation provides parking and economic support for downtown Jamaica, including the community-oriented Jamaica Market.
Revenue
$7.6m
Assets
$38.8m
Employees
39
EIN
23-7021273
IRS type
501(c)(3)

Buffalo Urban Development Corporation

Buffalo Urban Development Corporation supports the urban economic development efforts of the region by acquiring, remediating, and managing distressed properties while engaging in related real estate development activities.
Revenue
$32.5m
Assets
$185.7m
Employees
4
EIN
22-2324226
IRS type
501(c)(3)

43north BPC

To conduct a global business plan copmetition promoting the buffalo/niagara region and western new york as an emerging entrepreneurial center of activity for start up companies.
Revenue
$8.2m
Assets
$13.4m
Employees
20
EIN
47-2878159
IRS type
501(c)(3)

Venture Michigan Fund (VMF)

Venture Michigan Fund (VMF) seeks to promote Michigan's economic health by assisting in the creation of new jobs, new businesses and new industries in Michigan.
Revenue
$26.3m
Assets
$339.8m
Employees
0
EIN
20-1443645
IRS type
501(c)(3)

Uncommon Lender

Uncommon Lender is a New York-based entity providing subordinate debt and equity through loans, grants, loan participation purchases, and equity contributions to support Uncommon Schools, Inc.'s real estate activities and related expenses.
Revenue
$11.8m
Assets
$178.6m
Employees
0
EIN
26-3594129
IRS type
501(c)(3)

Downtown Brooklyn Partnership

Downtown Brooklyn Partnership enhances the economic growth and quality of life through redevelopment projects and programs administration in Brooklyn, NY.
Revenue
$2.1m
Assets
$7.6m
Employees
41
EIN
20-5323707
IRS type
501(c)(3)

East Mid-Manhattan District Management Association

EMDMA promotes business vitality in a designated district in NYC through enhanced sanitation, security, streetscape improvement, visitor information and marketing.
Revenue
$3.5m
Assets
$4.4m
Employees
4
EIN
13-4171958
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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