Overview
What is New York State Local Government Services Corporation?
New York State Local Government Services Corporation is a corporation based in Albany, New York. Its primary purpose is to facilitate the leasing and purchase of buildings by state government units. This organization is designed to aid municipalities in providing necessary property resources. By selling and leasing both personal and real property, it contributes to enhancing the infrastructure of local governments in New York State.
Is New York State Local Government Services Corporation legitimate?
New York State Local Government Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Local Government Services Corporation 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:
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What is the mission statement of New York State Local Government Services Corporation?
The New York State Local Government Services Corporation is established with the primary objective of assisting municipalities by selling or leasing both personal and real property. This corporation plays a crucial role in facilitating the acquisition of buildings by state government units, thereby aiding in the provision of necessary properties. This initiative aims to support municipalities in meeting their property needs, thereby contributing to the overall development and functioning of local communities.
Who is the CEO of New York State Local Government Services Corporation?
Gerry Geist is the President of New York State Local Government Services Corporation.
What is the revenue of New York State Local Government Services Corporation?
New York State Local Government Services Corporation's revenue in 2020 was -$2,522,500.
Who are the executives of New York State Local Government Services Corporation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for New York State Local Government Services Corporation?
New York State Local Government Services Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of New York State Local Government Services Corporation
New York State Local Government Services Corporation is established with the primary objective of aiding municipalities by facilitating the sale and lease of both personal and real properties. The corporation's mission is centered around assisting these municipalities in providing such properties, thereby contributing to their overall development and service provision. In simpler terms, the New York State Local Government Services Corporation plays a crucial role in enabling municipalities to acquire necessary buildings, thereby enhancing their capacity to deliver essential services.
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Impact
October, 2024
The New York State Local Government Services Corporation plays a crucial role in supporting municipalities across the state by facilitating the lease and purchase of personal and real property. By acting as an intermediary, it enables local governments to acquire essential properties necessary for various public services and infrastructure projects. This assistance not only enhances the capacity of municipalities to provide services to their residents but also promotes economic development within the regions they serve.
The corporation’s efforts help streamline the acquisition process, making it more efficient and accessible for government units to secure the facilities they need. By providing municipalities with the resources to obtain buildings, the corporation directly impacts local governance by ensuring that communities have the operational space required for public services, thereby fostering improved delivery of those services. Through its mission, the corporation contributes significantly to enhancing the public benefit in New York State.
This information is meant to be a general summary of New York State Local Government Services Corporation. 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 2020.
- Investment Income: -$2,522,500
Assets and Liabilities:
- Total Assets: $2,522,500
- Total Liabilities: $0
- Net Assets: $2,522,500
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Organization Details
Founding Year
1990
Phone
(518) 465-7933Principal Officer
Gerry Geist
Main Address
150 STATE STREET, ALBANY, NY, 12207
NTEE Category
Code: W120 - Public benefit
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