EIN 22-2880333

Center for Economic Growth (CEG)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1987
Most recent tax filings
2022-12-01
NTEE code, primary
Description
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.
Related structure
CEG is a subordinate organization under Capital Region Chamber of Commerce.
Total revenues
$1,283,587
2022
Total expenses
$1,465,356
2022
Total assets
$1,845,501
2022
Num. employees
0
2022

Program areas at CEG

Business Growth solutions (bgs) - objective is to service small to medium sized companies (smes) in the manufacturing and technology sectors across several industries and help them grow and compete in the 21st century. The program is suppported by new york states nystar program (division of science, technology and innovation) and the nist (national institue of standards and technology) through the manufacturing extension partnership program. These services help smes realize new revenues and increase profitability through assisting them in increasing sales, improving productivity and operations, launching new products, aligning executive team strategies and more. Internal ceg team members, as well as third-party partners, provide these services. Ceg is also recognized as the regional technology development Center (rtdc), focused on promoting technology development, technology transfer, management, and technical assistance across a broad base of manufacturing and technology sectors. This designation allows ceg to leverage grant funds for clients through partners such as national grid and the workforce development institute.
People/workforce development - working diligently to build a skilled workforce and education pipeline; to cultivate a strong skilled workforce; ensure alignment of education partner offerings to local companies needs, attract new workers, and prepare our youth for future jobs. Ceg's primary focus is in manufacturing and technology based jobs for both skilled workforce, high tech jobs, and management. Ceg is funded by both regional county workforce investment boards (wibs), and the manufacturing alliance of central new york (macny).

Grants made by CEG

GranteeGrant descriptionAmount
Ceg of the Capital RegionSupply Chain Assess$14,304

Who funds Center for Economic Growth (CEG)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
FuzeHubInnovation Award$35,000
Industrial Technology Assistance Corporation (ITAC)To Help Scale Ppe Production and To Maximize Ppe Lifespan.$10,000
Renaissance Corporation of AlbanyGeneral$2,500

Personnel at CEG

NameTitleCompensation
Mark N EaganPresident and Chief Executive Officer$0
Christine A HolleVice President , Finance$0
Thomas J BellProjects Director$0
Laura PoltynskiSecretary and Treasurer$0
John BennettChair / Director / Board Member$0
...and 5 more key personnel

Financials for CEG

RevenuesFYE 12/2022
Total grants, contributions, etc.$971,503
Program services$298,648
Investment income and dividends$635
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$12,801
Total revenues$1,283,587

Form 990s for CEG

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-01990View PDF
2019-122021-04-01990View PDF
2018-122020-06-08990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $35,000 from FuzeHub
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 2 new personnel
May 22, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Social sciencesCommunity improvementPublic policyEconomic development
Characteristics
Conducts researchReceives government fundingTax deductible donationsNo 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) 465-8975
Twitter profile
@ceg_ny 
IRS details
EIN
22-2880333
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Subordinate organization
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