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CENTER FOR ECONOMIC GROWTH

EIN 22-2880333 ALBANY, NY

Revenue 2023
$1,318,359
Expenses 2023
$1,459,413

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
V22Z
Classification
1000
Street
5 COMPUTER DR S

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).

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • RICHARD HENDRICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATIE NEWCOMBE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROGER RAMSAMMY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FRAN O'ROURKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN OBERMAYER

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DAVID DEMARCO

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • JOHN BENNETT

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARK EAGAN

    PRESIDENT & CEO

    Total calculated
    $501,266
    From this org
    $37,746
    From related orgs
    $386,904
    Other
    $76,616
    Hours/week
    4 + 41 related

    Schedule J breakdown matched by us

    Base
    $34,506 + $353,689 related
    Bonus
    $3,240 + $33,215 related
    Other
    $0
    Deferred
    $2,347 + $24,053 related
    Nontaxable benefits
    $4,491 + $45,725 related
    Filer's total
    $44,584 + $456,682 related

  • CHRISTINE HOLLE

    VP, FINANCE & OPERATIONS

    Total calculated
    $144,636
    From this org
    $14,758
    From related orgs
    $118,065
    Other
    $11,813
    Hours/week
    5 + 40 related

  • KATHERINE JN BELMONT

    CHIEF ECONOMIC DEVELOPMENT OFFICER

    Total calculated
    $195,570
    From this org
    $3,823
    From related orgs
    $168,197
    Other
    $23,550
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $3,823 + $168,197 related
    Bonus
    $0
    Other
    $0
    Deferred
    $260 + $11,457 related
    Nontaxable benefits
    $263 + $11,570 related
    Filer's total
    $4,346 + $191,224 related

  • DON WIESENFORTH

    SENIOR VICE PRESIDENT, CEG

    Total calculated
    $125,726
    From this org
    $123,530
    From related orgs
    $0
    Other
    $2,196
    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. 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

  • 2023
    Revenue
    $1,318,359
    Expenses
    $1,459,413
    Contributions
    $943,685
    Grants paid
    $142,048
  • 2022
    Revenue
    $1,283,587
    Expenses
    $1,465,356
    Contributions
    $971,503
    Grants paid
    $376,841

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
    $2,266,001
    Expenses
    $2,173,029
    Assets (EOY)
    $2,002,118

  • 2020 · 990

    Revenue
    $1,301,497
    Expenses
    $1,109,296
    Assets (EOY)
    $1,829,466

  • 2019 · 990

    Revenue
    $1,268,371
    Expenses
    $1,443,521
    Assets (EOY)
    $1,116,712

  • 2018 · 990

    Revenue
    $1,376,534
    Expenses
    $1,371,357
    Assets (EOY)
    $641,462

  • 2017 · 990

    Revenue
    $2,265,240
    Expenses
    $2,588,632
    Assets (EOY)
    $576,488

  • 2016 · 990

    Revenue
    $2,284,203
    Expenses
    $2,439,181
    Assets (EOY)
    $458,908

  • 2015 · 990

    Revenue
    $2,967,992
    Expenses
    $3,045,404
    Assets (EOY)
    $672,104

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

  • GLOBAL FOUNDRIES US INC

    $170,600

    2022 PASS THROUGH

  • MULTI-CRAFT APPRENTICESHIP PREP PRO

    $135,000

    2022 PASS THROUGH

  • GLOBAL FOUNDRIES US INC

    $54,048

    2023 PASS THROUGH

  • NURAVINE LLC

    $35,000

    2022 PASS THROUGH

  • VISTEX COMPOSITES LLC

    $25,000

    2023 PASS THROUGH

  • GRENO INDUSTRIES INC

    $25,000

    2023 PASS THROUGH

  • SCHENECTADY COUNTY COMMUNITY COLLEGE

    $20,000

    2023 PASS THROUGH

  • NURAVINE LLC

    $15,000

    2023 PASS THROUGH

  • CEG OF THE CAPITAL REGION

    $14,304

    2022 SUPPLY CHAIN ASSESS

  • JENKS MACHINE & TOOL CO INC

    $10,000

    2022 PASS THROUGH

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

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 2023 return

Declared as related by

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 23 October 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.