Public Charity

TROY REDEVELOPMENT FOUNDATION INC

TROY REDEVELOPMENT FOUNDATION INC, of TROY, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $300K in revenue, $2K in expenses, $476K in total assets. 5 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 141777575 TROY, NY Latest filing: 2024
Total Revenue$300K
Total Expenses$2K
Total Assets$476K
Grant Records5
Funding Total$1.2M
Filing Years2020–2024

Mission

TO ENABLE NOT-FOR-PROFIT INSTITUTIONS LOCATED IN THE CITY OF TROY TO FINANCIALLY ASSIST AND OTHERWISE ASSIST THE CITY OF TROY; TO FOSTER ECONOMIC DEVELOPMENT AND TO ASSIST THE CITY OF TROY IN SOLVING URBAN PROBLEMS; AND, TO PROVIDE THE CITY OF TROY FUNDS TO BE USED TO ENHANCE ECONOMIC DEVELOPMENT AND FORMULATE EDUCATIONAL PROGRAMS WHICH WILL HELP ASSURE THE CITY'S ECONOMIC RESURGENCE.

Officers & Directors

Vice President Jenny Rao
President Lori Santos
Treasurer Martin A Schmidt
Board Member Matthew Shaftel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$1,223,505 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $300K $2K $476K
2023 $437K $1.1M $178K
2022 $622K $560K $811K
2021 $451K $322K $748K
2020 $451K $619K $619K

Between 2020 and 2024, reported annual revenue declined from $451K to $300K (-33%), with total assets most recently reported at $476K.

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

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