Public Charity

CITEC INC

CITEC INC, of POTSDAM, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.1M in revenue, $1.0M in expenses, $1.6M in total assets. 3 publicly reported grants to this organization, totaling roughly $70K, appear in IRS filings.

EIN: 133673737 POTSDAM, NY Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.0M
Total Assets$1.6M
Grant Records3
Funding Total$70K
Filing Years2020–2024

Mission

PROVIDING ASSISTANCE TO THE DEVELOPMENT AND GROWTH OF TECHNOLOGY BASED BUSINESSES THROUGH INTERNATIONAL TRADE, EDUCATIONAL RESOURCES, AND COMMUNICATION.

Officers & Directors

VICE PRESIDENT Andrew Mcmahon
SECRETARY/TREASURER Daniel Votraw
TRUSTEE Eowyn Doud
PRESIDENT George Bouyea
TRUSTEE John Chatterton
BUSINESS ADVISOR Katerine Chepeleff

Officer compensation and complete director data available with membership.

Top Grant Purposes

INNOVATION AWARD
$60,000 2 grants
To help scale PPE production and to maximize PPE lifespan.
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.0M $1.6M
2023 $1.0M $937K $1.5M
2022 $958K $857K $1.4M
2021 $1.1M $855K $1.3M
2020 $988K $969K $1.2M

Between 2020 and 2024, reported annual revenue grew from $988K to $1.1M (+10%), with total assets most recently reported at $1.6M.

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

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