EIN 82-2369976

Ceg of the Capital Region

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Year formed
2017
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Ceg attracts investment, grows private capital, markets assets and talent, and drives economic growth in New York's Capital Region.
Related structure
Ceg of the Capital Region is a subordinate organization under Capital Region Chamber of Commerce.
Total revenues
$1,683,325
2022
Total expenses
$1,229,034
2022
Total assets
$1,459,442
2022
Num. employees
0
2022

Program areas at Ceg of the Capital Region

Business growth/industry - Ceg develops strategies and markets the competitive assets of the Capital Region to targeted domestic and international business in high growth sectors that correspond to the Region's industry clusters. the organization's attraction strategy includes attendance at industry specific events and trade shows, direct outreach and meetings with decision makers, and digital marketing. Ceg works with prospective expansion and relocation clients by identifying appropriate sites, developing proposals and responses to information, providing economic data, coordinating resources such as incentives and workforce development needs. Work is done in partnership with empire state development, local municipalities, and other local economic development agencies.
Ceg actively secures support from investors in business, government, education, and non-profit sectors who are committed to sustainable economic growth and prosperity.
Talent development/talent attraction - Ceg has a dedicated talent attraction strategy to help grow its workforce by marketing the Region digitally to target areas, certain demographic populations, and/or within target industries. Furthermore, Ceg works to retain the Region's graduating college students and interns.

Who funds Ceg of the Capital Region

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Center for Economic Growth (CEG)Supply Chain Assess$14,304

Personnel at Ceg of the Capital Region

NameTitleCompensation
Mark EaganPresident and Chief Executive Officer$0
Katharine Jn BelmontChief Economic Development Officer$0
Christine HolleVice President , Finance$0
John BennettChair / Director$0
Laura PoltynskiSecretary and Treasurer / Member at Large$0
...and 6 more key personnel

Financials for Ceg of the Capital Region

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,349,642
Program services$314,636
Investment income and dividends$5,734
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-387
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,700
Total revenues$1,683,325

Form 990s for Ceg of the Capital Region

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-01990View PDF
2018-122020-01-31990View PDF
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $14,304 from Center for Economic Growth (CEG)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsState / local levelNo full-time employees
General information
Address
5 Computer Dr South
Albany, NY 12205
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
ceg.org/ 
Phone
(518) 431-1416
IRS details
EIN
82-2369976
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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