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EXCELL PARTNERS INC

EIN 20-1862628 ROCHESTER, NY

Revenue 2024
$1,437,243
Expenses 2024
$1,067,491

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

As filed

Subsection
03
NTEE code
S05
Classification
1000
Street
3300 MONROE AVE STE 319

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE COMPANY'S MISSION IS TO PROVIDE FINANCIAL SUPPORT, EDUCATION, MANAGEMENT SUPPORT AND NETWORKING CONNECTIONS TO TECHNOLOGY-BASED START-UP COMPANIES EMERGING FROM THE COMMUNITIES, UNIVERSITIES, AND RESEARCH CENTERS ACROSS UPSTATE NEW YORK.

Activities or mission (Part I)

TO PROVIDE FINANCIAL SUPPORT, EDUCATION, MANAGEMENT SUPPORT AND NETWORKING CONNECTIONS TO TECHNOLOGY-BASED START-UP COMPANIES EMERGING FROM THE COMMUNITIES, UNIVERSITIES AND RESEARCH CENTERS ACROSS UPSTATE NEW YORK.

  • PROVIDE FINANCIAL SUPPORT TO TECHNOLOGY BASED START-UPS IN THE FORM OF EQUITY AND CONVERTIBLE NOTES, TO BE USED FOR ENTITY FORMATION, BUSINESS PLANS, MARKET ASSESSMENT, RECRUITMENT AND TECHNOLOGY DEVELOPMENT. PROVIDE EDUCATIONAL AND MANAGEMENT SUPPORT, AS WELL AS CONNECTIONS TO EARLY STAGE VENTURE CAPITAL FIRMS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • STEVE DEWHURST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • JOSH FARRELMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • PETER ROBINSON

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    0.5

  • STEVE MCCLUSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • YORAM KATZ

    CURRENT CHIEF EXECUTIVE OFFICER

    Total calculated
    $342,648
    From this org
    $0
    From related orgs
    $274,776
    Other
    $67,872
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $274,776 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $274,776 related

  • STEVEN FELDON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DENNIS KESSLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • NICHOLAS QUERQUES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • RYNE RAFFAELLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • JENNIFER TAVARES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • ALEX ZAPESOCHNY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • THERESA MAZZULLO

    FORMER CHIEF EXECUTIVE OFFICER

    Total calculated
    $343,692
    From this org
    $0
    From related orgs
    $283,572
    Other
    $60,120
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $283,572 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $283,572 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,437,243
    Expenses
    $1,067,491
    Contributions
    $437,500
    Grants paid
    $0
  • 2023
    Revenue
    $1,014,483
    Expenses
    $996,647
    Contributions
    $206,817
    Grants paid
    $0
  • 2022
    Revenue
    $947,711
    Expenses
    $1,062,704
    Contributions
    $196,229
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $844,909
    Expenses
    $972,651
    Assets (EOY)
    $4,877,874

  • 2020 · 990

    Revenue
    $1,077,415
    Expenses
    $785,353
    Assets (EOY)
    $5,102,560

  • 2011 · 990

    Revenue
    not reported
    Expenses
    $956,284
    Assets (EOY)
    $1,608,661

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

The most recent declarers. The API serves every row.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2024 return

  • EXCELL INNOVATE NY FUND LP

    RELATED · FUNDING FOR START-UP COMPANIES · NY

  • EXCELL PARTNERS INNOVATION TC FUND

    RELATED · FUNDING FOR START-UP COMPANIES · NY

  • EXCELL MINORITY AND WOMEN-OWNED EMERGING BUSINESS FUND

    RELATED · FUNDING FOR START-UP COMPANIES · NY

  • FINGER LAKES VENTURE FUND

    RELATED · FUNDING FOR START-UP COMPANIES · NY

  • UPSTATE BIOTECH VENTURES LP

    RELATED · FUNDING FOR START-UP COMPANIES · NY

  • EXCELL NEW YORK PRE-SEED FUND I LP

    RELATED · FUNDING FOR START-UP COMPANIES · NY

Related corporations and trusts on its 2024 return

  • EXCELL TECHNOLOGY VENTURES INC

    C · GENERAL PARTNER OF EXCELL INNOVATE NY FUND, LP · NY

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.