ADVANCE ALBANY COUNTY ALLIANCE LOCAL DEVELOPMENT CORPORATION is a Public Charity headquartered in ALBANY, NY. Financial data from the 2024 filing: $2.7M revenue, $1.5M expenses, $6.1M total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $500K.
THE EXEMPT PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO RELIEVE AND REDUCE UNEMPLOYMENT IN ALBANY COUNTY, PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM ADULT EMPLOYMENT IN THE COUNTY BETTER AND MAINTAIN ADULT JOB OPPORTUNITIES IN THE COUNTY, CARRY ON SCIENTIFIC RESEARCH FOR THE PURPOSE OF AIDING THE COUNTY BY ATTRACTING NEW INDUSTRY OR BY ENCOURAGING THE DEVELOPMENT OR RETENTION OF INDUSTRY IN THE COUNTY, LESSEN THE BURDENS OF GOVERNMENT AND ACT IN THE PUBLIC INTEREST.
Showing up to 5 of 1 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.7M | $1.5M | $6.1M |
| 2023 | $1.1M | $899K | $1.2M |
| 2022 | $732K | $474K | $1.0M |
| 2021 | $122K | $771K | $361K |
| 2020 | $1.0M | — | $1.0M |
Between 2020 and 2024, reported annual revenue grew from $1.0M to $2.7M (+166%), with total assets most recently reported at $6.1M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in NY.
Full geographic grant map with state-by-state breakdown available with membership.
