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Nonprofiteer
← CUNY ECONOMIC DEVELOPMENT CORPORATION

Form 990-EZ for tax year 2024

Filed by CUNY ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$6,419
Total expenses
$6,419
Contributions and grants received
not reported
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
$6,419
Total assets, end of year
$30,808
Total liabilities, end of year
$80,232
Net assets or fund balances, end of year
-$49,424
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2024

Primary exempt purpose

CUNY ECONOMIC DEVELOPMENT CORPORATION (CUNY EDC) WAS INCORPORATED IN MARCH 2001 TO SUPPORT AND ADVANCE THE EDUCATION, RESEARCH AND PUBLIC SERVICE MISSION OF THE CITY UNIVERSITY OF NEW YORK (CUNY). THE PRIMARY PURPOSES OF CUNY EDC ARE TO: 1) BROADEN AND ENRICH THE ACADEMIC ENVIRONMENT AT CUNY BY PROVIDING ENTREPRENEURIAL OPPORTUNITIES TO CUNY FACULTY, STUDENTS AND STAFF; 2) FOSTER RELATIONSHIPS BETWEEN CUNY AND THE NEW YORK CITY BUSINESS AND TECHNOLOGY COMMUNITY, THEREBY FACILITATING THE TRANSFER OF CUNY SCHOLARSHIPS TO THE PUBLIC; 3) TO PROMOTE THE ECONOMIC DEVELOPMENT AND COMPETITIVENESS OF NEW YORK CITY AND NEW YORK STATE.

  • THE ORGANIZATION IS HOLDING CASH WHICH IS A RESTRICTED FUND SET ASIDE TO SUPPORT THE WORKOF NYC CLEANTECH COLLABORATIVE, AND ORGANIZATION WITH AN OVERALL GOAL TO ACCELERATE THE ADOPTION OF PROMISING CLEANTECH PRODUCTS AND SERVICES IN NEW YORK CITY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Hector Batista

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Derek Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Mohamed Attalla

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Jensen Ambachen

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • Jane Davis

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.2

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.5
Source object
202611339349203676

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