Mission
THE MISSION OF CAPITALIZE ALBANY CORPORATION IS TO FACILITATE STRATEGIC ECONOMIC DEVELOPMENT AND STIMULATE TRANSFORMATIVE INVESTMENT THROUGHOUT THE CITY OF ALBANY, MAKING NEW YORK'S CAPITAL A VIBRANT PLACE TO THRIVE.
Public Charity
CAPITALIZE ALBANY CORPORATION
CAPITALIZE ALBANY CORPORATION is a private foundation categorized as Public Charity based in ALBANY, NY. Its most recent IRS filing (2024) reports revenue of $3.2M, expenses of $1.8M, total assets of $25.0M. Imperigo tracks 57 reported grants from this foundation totaling approximately $811K.
EIN: 222353905
ALBANY, NY
Latest filing: 2024
Total Revenue$3.2M
Total Expenses$1.8M
Total Assets$25.0M
Grants Given57
Grant Total$811K
Filing Years2020–2024
Sample Grants Given
NEW SCOTCH LLC DBA NEW SCOTLAND SPIRITS
BIG GRANT REIMBURSEMENT FOR RENOVATION OF TASTING ROOM
$25,000
MEATBALL MARTINI MADISON LLC
EXPANSION OF HATTIES RESTAURANT
$25,000
SHOPJOY LLC
BIG GRANT
$24,330
THE YARD
FACADE IMPROVEMENT
$17,327
WINE AND DINE GROUP LLC
BIG - WINE AND DINE GROUP, LLC
$12,000
Showing up to 5 of 57 total records — full history available with membership.
Officers & Directors
CHAIR
Anders Tomson
DIRECTOR REAL ESTATE DEVELOPMENT
Andrew Corcione
DIRECTOR
Anthony Gaddy
PRESIDENT
Ashley Mohl
DIRECTOR
David Parente
DIRECTOR
Dr Toyin Tofade
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.2M | $1.8M | $25.0M |
| 2023 | $3.8M | $2.0M | $24.8M |
| 2022 | $4.8M | $2.1M | $22.6M |
| 2021 | $2.1M | $2.3M | $23.0M |
| 2020 | $2.0M | $2.2M | $24.0M |
Between 2020 and 2024, reported annual revenue grew from $2.0M to $3.2M (+64%), with total assets most recently reported at $25.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NY.
NY
Full geographic grant map with state-by-state breakdown available with membership.