Public Charity

DOWNSTATE TECHNOLOGY CENTER INC

DOWNSTATE TECHNOLOGY CENTER INC, of BROOKLYN, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.1M in revenue, $2.7M in expenses, $5.4M in total assets. 1 publicly reported grants to this organization, totaling roughly $68K, appear in IRS filings.

EIN: 113600385 BROOKLYN, NY Latest filing: 2025
Total Revenue$3.1M
Total Expenses$2.7M
Total Assets$5.4M
Grant Records1
Funding Total$68K
Filing Years2021–2025

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.

Sample Grants Received

2024
INNOVATION AWARD
$67,859

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

ASSISTANT TREASURER A Jeffrey Rosen Mba
EXECUTIVE DIRECTOR Blake A Adair-Wheeler Mpa
TRUSTEE David Christini Phd
TRUSTEE David Hochman Mba
SECRETARY Franci Scharf
TRUSTEE Heidi Aroninmpa

Officer compensation and complete director data available with membership.

Top Grant Purposes

INNOVATION AWARD
$67,859 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.1M $2.7M $5.4M
2024 $3.1M $2.5M $4.8M
2023 $2.7M $2.1M $4.0M
2022 $2.6M $2.1M $3.5M
2021 $2.3M $2.0M $3.2M

Between 2021 and 2025, reported annual revenue grew from $2.3M to $3.1M (+38%), with total assets most recently reported at $5.4M.

Interactive year-over-year charts and full filing details available with membership.

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