- Revenue 2024
- $3,143,464
- Expenses 2024
- $2,719,337
Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S30
- Classification
- 1000
- Street
- 450 CLARKSON AVE BOX 65
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
SEE SCHEDULE ODOWNSTATE TECHNOLOGY CENTER, INC. (DTC) WAS FORMED TO PROVIDE AN ENVIRONMENT IN WHICH NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP SCIENTIFIC AND MEDICAL RESEARCH THAT CAN BE TRANSLATED INTO COMMERCIALLY VIABLE HIGH TECHNOLOGY PRODUCTS AND SERVICES AND/OR RENTAL SPACE IN INCUBATOR AND RESEARCH FACILITIES IN BROOKLYN, NEW YORK. TO ACCOMPLISH THIS, DTC HAS DESIGNED AND DEVELOPED AND CURRENTLY OPERATES STATE-OF-THE-ART INCUBATOR FACILITIES WHERE IT LEASES WET LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY AND OTHER LIFE SCIENCES COMPANIES TO CONDUCT CUTTING EDGE RESEARCH AND DEVELOPMENT.
Activities or mission (Part I)
DOWNSTATE TECHNOLOGY CENTER, INC. (DTC) WAS FORMED TO PROVIDE AN ENVIRONMENT IN WHICH NEW AND TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP SCIENTIFIC AND MEDICAL RESEARCH THAT CAN BE TRANSLATED INTO COMMERCIALLY VIABLE HIGH TECHNOLOGY PRODUCTS AND SERVICES AND/OR RENTAL SPACE IN INCUBATOR AND RESEARCH FACILITIES IN BROOKLYN, NEW YORK. TO ACCOMPLISH THIS, DTC HAS DESIGNED AND DEVELOPED AND CURRENTLY OPERATES STATE-OF-THE-ART INCUBATOR FACILITIES WHERE IT LEASES WET LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY AND OTHER LIFE SCIENCES COMPANIES TO CONDUCT CUTTING EDGE RESEARCH AND DEVELOPMENT.
-
DTC HAS DESIGNED, DEVELOPED AND OPERATES STATE-OF-THE-ART INCUBATOR FACILITIES WHERE IT LEASES WET LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY AND OTHER LIFE SCIENCES COMPANIES TO CONDUCT CUTTING EDGE RESEARCH AND DEVELOPMENT. AS OF JUNE 30, 2025, DTC HAD A TOTAL OF 26 TENANTS IN THE TWO PROPERTIES THEY MANAGE.
Expenses $2,464,338 · Revenue $2,891,585
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.
-
Joan BartolomeoJOAN BARTOLOMEO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard Miller PhDRICHARD MILLER PHD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Heidi AroninmpaHEIDI ARONINMPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Wayne Riley MD MphmbamacpWAYNE RILEY MD MPHMBAMACP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas QuerquesNICHOLAS QUERQUES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David Hochman MBADAVID HOCHMAN MBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Hwang MBAJEFFREY HWANG MBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
David Christini PhDDAVID CHRISTINI PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen M Kaminsky PhDSTEPHEN M KAMINSKY PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
A Jeffrey Rosen MBAA JEFFREY ROSEN MBA
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Franci ScharfFRANCI SCHARF
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Blake A Adair-Wheeler MpaBLAKE A ADAIR-WHEELER MPA
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Samuel KielSAMUEL KIEL
PROGRAM MANAGER
- Total calculated
- $0
- Hours/week
- 40
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,143,464
- Expenses
- $2,719,337
- Contributions
- $125,000
- Grants paid
- $0
-
2023
- Revenue
- $3,055,622
- Expenses
- $2,479,138
- Contributions
- $142,927
- Grants paid
- $0
-
2022
- Revenue
- $2,713,773
- Expenses
- $2,115,134
- Contributions
- $125,000
- 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
- $2,642,146
- Expenses
- $2,134,330
- Assets (EOY)
- $3,493,508
-
2020 · 990
- Revenue
- $2,271,383
- Expenses
- $1,959,366
- Assets (EOY)
- $3,152,319
-
2019 · 990
- Revenue
- $1,893,742
- Expenses
- $1,717,001
- Assets (EOY)
- $2,973,920
-
2018 · 990
- Revenue
- $2,528,930
- Expenses
- $1,810,712
- Assets (EOY)
- $2,532,324
-
2017 · 990
- Revenue
- $2,857,002
- Expenses
- $1,669,848
- Assets (EOY)
- $1,753,684
-
2016 · 990
- Revenue
- $1,750,432
- Expenses
- $1,682,761
- Assets (EOY)
- $1,044,754
-
2015 · 990
- Revenue
- $2,559,406
- Expenses
- $1,261,236
- Assets (EOY)
- $634,219
-
2014 · 990
- Revenue
- $724,722
- Expenses
- $1,129,693
- Assets (EOY)
- $328,565
-
2013 · 990
- Revenue
- $2,555,141
- Expenses
- $1,068,458
- Assets (EOY)
- $290,586
-
2012 · 990
- Revenue
- not reported
- Expenses
- $1,040,525
- Assets (EOY)
- $307,910
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
-
$67,859
2024 INNOVATION AWARD
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 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.