Overview
What is New York State Economic Development Council Inc?
The New York State Economic Development Council Inc, situated in Albany, New York, is a nonprofit organization dedicated to fostering the economic growth of the state and its communities. Their primary mission involves encouraging sound business practices in the execution of regional and statewide development programs. The council organizes educational events and meetings to provide businesses within New York State with valuable insights on how to thrive competitively in the marketplace. Additionally, they develop educational programs that enhance the professional development skills of their members, contributing to a stronger and more prosperous New York State. The council employs a team of seven individuals.
Official website here: www.nysedc.org
Is New York State Economic Development Council Inc legitimate?
New York State Economic Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York State Economic Development Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $182,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,336
For more financial information, click here
Official website here: www.nysedc.org
What is the mission statement of New York State Economic Development Council Inc?
The New York State Economic Development Council Inc has a mission to foster the economic growth of New York State and its communities. They encourage sound business practices in the execution of regional and statewide development programs and provide educational programs to enhance the professional development skills of its members. The organization aims to promote economic development and improve the competitiveness of businesses within the state by conducting meetings and educational events, providing them with valuable information and assistance.
Official website here: www.nysedc.org
Who is the CEO of New York State Economic Development Council Inc?
Ryan Silva is the Director-At-Large of New York State Economic Development Council Inc.
Official website here: www.nysedc.org
What is the revenue of New York State Economic Development Council Inc?
New York State Economic Development Council Inc's revenue in 2022 was $1,113,966.
Official website here: www.nysedc.org
Who are the executives of New York State Economic Development Council Inc and what are their salaries?
The average compensation at New York State Economic Development Council Inc during 2022 was $51,800. There are 7 employees at New York State Economic Development Council Inc.
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- Compensation: $172,350
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- Other: $9,915
Official website here: www.nysedc.org
Where can I find the form 990 for New York State Economic Development Council Inc?
New York State Economic Development Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nysedc.org
Learn more at the official website: www.nysedc.org
Mission Statement of New York State Economic Development Council Inc
The New York State Economic Development Council Inc, as stated in its mission, is dedicated to fostering the economic growth of New York State and its communities. The organization's primary objective is to advocate for sound business practices in the execution of regional and statewide development programs. Furthermore, New York State Economic Development Council Inc is committed to advancing the professional development skills of its members through the development and implementation of educational programs. By hosting meetings and educational events, the council provides businesses within New York State with valuable information and assistance on how to compete effectively in the marketplace.
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Impact
October, 2024
New York State Economic Development Council Inc (NYSEDC) significantly impacts the economic landscape of New York State by promoting development initiatives that enhance community welfare and business competitiveness. Through its commitment to encouraging sound business practices, NYSEDC plays a crucial role in shaping regional and statewide development programs that foster sustainable growth.
The organization facilitates meetings and educational events that equip businesses with vital information and resources to navigate the marketplace effectively. By providing access to valuable insights, training, and networking opportunities, NYSEDC enhances the professional development skills of its members, ultimately contributing to a more robust economic environment across the state.
In addition to supporting individual businesses, NYSEDC's efforts strengthen communities by fostering collaboration and innovation, encouraging practices that lead to long-term economic stability and improvement. This holistic approach not only bolsters the business ecosystem but also empowers local communities, making a meaningful impact throughout New York State.
This information is meant to be a general summary of New York State Economic Development Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $229
- Program Service Revenue: $1,113,737
- Gross Receipts: $1,113,966
Assets and Liabilities:
- Total Assets: $958,002
- Total Liabilities: $203,180
- Net Assets: $754,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS
Revenue
$749,652
MEMBERSHIP DUES
Revenue
$332,900
BUSINESS MARKETING
Revenue
$21,000
SPECIAL PROGRAMS
Revenue
$10,185
Organization Details
Founding Year
1973
Phone
(518) 426-4058Principal Officer
Ryan Silva
Main Address
111 WASHINGTON AVENUE 4TH FLOOR, ALBANY, NY, 122102279
Website
www.nysedc.orgNTEE Category
Code: S41 - Community improvement
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