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Business Incubator Association Of New York State Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204440469 ✦ Albany, NY ✦ Designated as a 501(c)(6)

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Overview

What is Business Incubator Association Of New York State Inc?

The Business Incubator Association of New York State Inc is a prominent nonprofit organization situated in Albany, New York. Its primary role is to unite and connect leaders of incubators, accelerators, and co-working spaces across the state, fostering a vibrant innovation ecosystem. The association engages with various stakeholders, including business incubators, incubated companies, and individuals interested in the state's innovation sector. During their 2021 virtual annual meeting, they advocated for startups, receiving insights from influential lobbyists and industry professionals. The association serves as a platform for networking and advocacy, promoting the growth and development of the innovation industry in New York.


Official website here: www.bianys.com

Is Business Incubator Association Of New York State Inc legitimate?

Business Incubator Association Of New York State Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Business Incubator Association Of New York State Inc submitted a form 990EZ, 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.


Official website here: www.bianys.com

What is the mission statement of Business Incubator Association Of New York State Inc?

The Business Incubator Association of New York State aims to unite the leaders of various incubators, accelerators, and co-working spaces across the state. Their mission is to foster a supportive community within the innovation economy of New York. During their annual meetings, they advocate for startups and engage with influential professionals in the industry. The association's activities primarily focus on networking with business incubators, incubated companies, and individuals interested in the New York state's innovation sector.


Official website here: www.bianys.com

Who is the CEO of Business Incubator Association Of New York State Inc?

Marc Alessi is the Executive Director of Business Incubator Association Of New York State Inc.


Official website here: www.bianys.com

What is the revenue of Business Incubator Association Of New York State Inc?

Business Incubator Association Of New York State Inc's revenue in 2022 was $197,752.


Official website here: www.bianys.com

Who are the executives of Business Incubator Association Of New York State Inc and what are their salaries?


Here are 11 key members and their salaries:


Jeffrey Arywitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Herz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamey Hoose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arber Ruci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann-Marie Scheidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schryver (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kuyan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathi Durdon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Murdock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Alessi (Executive Director)
  • Compensation: $149,500
  • Related: $0
  • Other: $0
Madonna Spitler (Director Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bianys.com

Where can I find the form 990EZ for Business Incubator Association Of New York State Inc?

Business Incubator Association Of New York State Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bianys.com

Learn more at the official website: www.bianys.com

Mission Statement of Business Incubator Association Of New York State Inc

The Business Incubator Association of New York State serves as a unifying entity, connecting leaders from various incubators, accelerators, and co-working spaces across the state. Their mission lies in fostering a vibrant community that supports these entities, promoting innovation and growth within New York's economy. Through their annual meetings, such as the 2021 virtual event, they engage with business incubators, incubated companies, and other stakeholders in the innovation sector. The association advocates for the interests of startups, securing support from influential lobbyists and industry professionals. By doing so, the Business Incubator Association of New York State plays a crucial role in nurturing the state's innovation ecosystem.

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Impact




October, 2024

The Business Incubator Association of New York State Inc plays a vital role in fostering innovation and entrepreneurship across New York. By uniting program leaders from incubators, accelerators, and co-working spaces, the association creates a collaborative network that enhances support for startups statewide.

Through its advocacy efforts, such as the 2021 virtual annual meeting, the association amplifies the voices of startups and informs policy discussions, contributing to a more robust innovation economy. Their direct engagement with lobbyists and industry professionals ensures that the needs and challenges of emerging companies are addressed, fostering an environment conducive to growth and sustainability.

The association also serves as a hub for knowledge sharing and best practices, equipping incubators and the startups they nurture with resources and insights necessary for success. By connecting key stakeholders across the state, it strengthens the entrepreneurial ecosystem, driving community improvement and economic development throughout New York.




This information is meant to be a general summary of Business Incubator Association Of New York State 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.

Revenue
$197,752 (2022)
Expenses
$210,438 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $65,068
  • Gross Receipts: $197,752

Assets and Liabilities:

  • Total Assets: $60,076
  • Total Liabilities: $21,598
  • Net Assets: $38,478

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Organization Details

Principal Officer

Marc Alessi

Main Address

PO BOX 95, ALBANY, NY, 12201

NTEE Category

Code: S41 - Community improvement

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