- Revenue 2024
- $1,517,891,563
- Expenses 2024
- $1,520,124,923
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B110
- Classification
- 2000
- Street
- 555 WEST 57TH STREET 16TH FL
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).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
CUNY ECONOMIC DEVELOPMENT CORPORATION
EIN 13-4165855
Mission and programs · 2024
Mission
THE MISSION OF CITY UNIVERSITY CONSTRUCTION FUND ("CUCF") IS TO MANAGE THE RESOURCES NECESSARY FOR THE DESIGN AND CONSTRUCTION OF SPACE REQUIRED TO SUPPORT THE EDUCATIONAL MANDATE OF THE CITY UNIVERSITY OF NEW YORK.
Activities or mission (Part I)
MANAGE RESOURCES FOR DESIGN/CONSTR. OF SPACE REQUIRED TO SUPPORT EDUC. MANDATE OF CUNY.
-
TUITION & FEES:CITY UNIVERSITY CONSTRUCTION FUND ("CUCF") RECEIVES CASH TRANSFERS FROM TUITION AND FEES COLLECTED FROM THE VARIOUS SENIOR AND COMMUNITY COLLEGES IN NEW YORK CITY, AND REMITS THE FUNDS TO THE CITY.
Expenses $1,320,726,156
-
APPROPRIATIONS:THE ORGANIZATION RECEIVES APPROPRIATIONS FROM THE STATE OF NEW YORK AND THE CITY OF NEW YORK, WHICH ARE USED FOR THE REIMBURSEMENT OF OPERATING EXPENSES AND DEBT SERVICE PAYMENTS TO THE DORMITORY AUTHORITY OF NEW YORK (DASNY). DASNY HAS ISSUED BONDS, THE PROCEEDS OF WHICH ARE USED TO SUPPORT CUNY'S CAPITAL PROGRAM.
Expenses $73,569,263
-
PROJECT FUNDS:EFFECTIVE JANUARY 1, 2013, FUNDS FOR ALL CUCF MANAGED PROJECTS ARE REMITTED TO CUCF BY DASNY AND OTHER VARIOUS SOURCES, AND ARE THEN DISBURSED BY CUCF TO CONTRACTORS RESPONSIBLE FOR CONSTRUCTION OF FACILITIES AT BOTH SENIOR COLLEGES AND COMMUNITY COLLEGES.
Expenses $110,943,000
-
THE ORGANIZATION RECEIVED APPROPRIATIONS FROM NEW YORK STATE FOR THE ADMINISTRATION OF CONSTRUCTION RELATED PROJECTS BY THE FUND.
Expenses $14,886,504
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
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.
-
Brian D ObergfellBRIAN D OBERGFELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
William C ThompsonWILLIAM C THOMPSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Toby StaviskyTOBY STAVISKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Alan Van CapelleALAN VAN CAPELLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Rebecca A SeawrightREBECCA A SEAWRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Lorraine GrilloLORRAINE GRILLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Blake WashingtonBLAKE WASHINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Jensen M AmbachenJENSEN M AMBACHEN
GENERAL COUNSEL
- Total calculated
- $187,012
- From this org
- $0
- From related orgs
- $158,094
- Other
- $28,918
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $158,094 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $28,918 related
- Filer's total
- $0 + $187,012 related
-
Mohamed AttallaMOHAMED ATTALLA
EXECUTIVE DIRECTOR
- Total calculated
- $299,933
- From this org
- $0
- From related orgs
- $245,673
- Other
- $54,260
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $245,673 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,929 related
- Nontaxable benefits
- $0 + $31,331 related
- Filer's total
- $0 + $299,933 related
-
Dmitrios KatehisDMITRIOS KATEHIS
ASSOC. VC OF DESIGN, CONST.,&MGMT UNTIL NOV. 2024
- Total calculated
- $217,444
- From this org
- $0
- From related orgs
- $191,735
- Other
- $25,709
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $191,735 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,458 related
- Nontaxable benefits
- $0 + $12,251 related
- Filer's total
- $0 + $217,444 related
-
Dominique ChouteDOMINIQUE CHOUTE
ED FINANCIAL MGMT & ADMIN.
- Total calculated
- $203,339
- From this org
- $0
- From related orgs
- $175,694
- Other
- $27,645
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $175,694 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,280 related
- Nontaxable benefits
- $0 + $13,365 related
- Filer's total
- $0 + $203,339 related
-
Pedro SanchezPEDRO SANCHEZ
ASSOCIATE DIRECTOR
- Total calculated
- $215,460
- From this org
- $0
- From related orgs
- $176,590
- Other
- $38,870
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $176,590 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,536 related
- Nontaxable benefits
- $0 + $24,334 related
- Filer's total
- $0 + $215,460 related
-
Michael MarksMICHAEL MARKS
ED REAL ESTATE & PLANNING UNTIL SEPT. 2024
- Total calculated
- $210,014
- From this org
- $0
- From related orgs
- $165,382
- Other
- $44,632
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $165,382 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,749 related
- Nontaxable benefits
- $0 + $30,883 related
- Filer's total
- $0 + $210,014 related
-
Ferdinand VerleyFERDINAND VERLEY
CAPITAL BUDGET DIRECTOR
- Total calculated
- $209,897
- From this org
- $0
- From related orgs
- $171,842
- Other
- $38,055
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $171,842 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $38,055 related
- Filer's total
- $0 + $209,897 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
- $1,517,891,563
- Expenses
- $1,520,124,923
- Contributions
- $1,517,891,563
- Grants paid
- $0
-
2023
- Revenue
- $1,253,806,100
- Expenses
- $1,256,638,984
- Contributions
- $1,253,806,100
- Grants paid
- $0
-
2022
- Revenue
- $1,313,013,404
- Expenses
- $1,313,013,404
- Contributions
- $1,313,013,404
- 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
- $1,350,670,597
- Expenses
- $1,350,670,597
- Assets (EOY)
- $51,511,675
-
2020 · 990
- Revenue
- $1,533,108,604
- Expenses
- $1,533,108,604
- Assets (EOY)
- $55,878,016
-
2019 · 990
- Revenue
- $1,705,705,291
- Expenses
- $1,705,598,904
- Assets (EOY)
- $72,606,996
-
2018 · 990
- Revenue
- $1,691,000,890
- Expenses
- $1,690,792,137
- Assets (EOY)
- $64,919,358
-
2017 · 990
- Revenue
- $1,767,786,494
- Expenses
- $1,767,682,232
- Assets (EOY)
- $69,032,963
-
2016 · 990
- Revenue
- $1,697,831,927
- Expenses
- $1,697,783,507
- Assets (EOY)
- $75,325,409
-
2015 · 990
- Revenue
- $1,764,971,038
- Expenses
- $1,764,940,107
- Assets (EOY)
- $65,226,186
-
2014 · 990
- Revenue
- $1,691,211,096
- Expenses
- $1,691,213,005
- Assets (EOY)
- $62,656,061
-
2013 · 990
- Revenue
- $1,614,186,948
- Expenses
- $1,614,187,723
- Assets (EOY)
- $57,943,606
-
2012 · 990
- Revenue
- not reported
- Expenses
- $1,529,920,704
- Assets (EOY)
- $42,843,263
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. Showing the 10 most recent; the API carries the rest.
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
-
$7,303,663
2024 TO SUPPORT CONSTRUCTION OF COOPERMAN LIBRARY 2ND FLOOR
-
$1,172,987
2022 TO SUPPORT CONSTRUCTION OF COOPERMAN LIBRARY 2ND FLOOR
-
$536,680
2023 TO SUPPORT CONSTRUCTION OF COOPERMAN LIBRARY 2ND FLOOR
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
-
CITY UNIVERSITY OF NEW YORK
EDUCATION · 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 11 November 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 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.