Public Charity

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND is a nonprofit organization categorized as Public Charity based in ALBANY, NY. Its most recent IRS filing (2025) reports revenue of $144.8M, expenses of $240.7M, total assets of $185.3M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $5K.

EIN: 844046818 ALBANY, NY Engineering & Technology NTEE: U40 Latest filing: 2025

Organization Summary

Grant Records 1

Filing History 2021–2025

Funding Total $5K

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Financial Snapshot · 2025

Total Revenue $144.8M

Total Expenses $240.7M

Total Assets $185.3M

Total Revenue$144.8M

Total Expenses$240.7M

Total Assets$185.3M

Grant Records1

Funding Total$5K

Filing Years2021–2025

Mission

THE NEW YORK CENTER FOR RESEARCH, ECONOMIC ADVANCEMENT, TECHNOLOGY, ENGINEERING AND SCIENCE CORPORATION (NY CREATES) FORMED FOR THE PURPOSE OF ADVANCING SCIENTIFIC RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT WITHIN NEW YORK STATE. SPECIFICALLY, THE PURPOSE OF NY CREATES IS TO FACILITATE THE ATTRACTION AND EXPANSION OF INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS AND FACILITIES, AND TO DEVELOP STRATEGIC ASSETS THAT SUPPORT THE GROWTH OF HIGH TECHNOLOGY COMPANIES THROUGHOUT THE STATE IN COOPERATION WITH THE STATE UNIVERSITY OF NEW YORK (SUNY) AND THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION D/B/A/ EMPIRE STATE DEVELOPMENT (ESD).

Where $100 goes at New York Center for Research Economic Advancement Technology Engineeringand

How New York Center for Research Economic Advancement Technology Engineeringand divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself

<$1 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100

Ny creates received a payment in the amount of $10,800,000 from fuller road management corporation along with a grant from empire state development corporation in the amount of…

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CENTER FOR ECONOMIC GROWTH INC

2024

NATIONAL INSTITUTE FOR INDUSTRY AND CAREER ADVANCEMENT (NIICA) APPRENTICESHIP GRANT

$5,370

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

Officers & Directors

VP OF TECHNOLOGY & INFRASTRUCTURE Christopher Borst

PRESIDENT David Anderson

CHAIR Douglas Grose

DIRECTOR, AS OF 6/12/25 Dr Andrea Goldsmith

DIRECTOR Heather Hage

DIRECTOR, AS OF 6/12/25 Jasminka Husic

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development

$5,370 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$144.8M	$240.7M	$185.3M
2024	$43.1M	$59.2M	$49.1M
2023	$17.5M	$11.4M	$7.5M
2022	$6.6M	$5.3M	$1.4M
2021	$4.5M	$4.4M	$100K

Between 2021 and 2025, reported annual revenue grew from $4.5M to $144.8M (+3154%), with total assets most recently reported at $185.3M.

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

See the full picture for NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND

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