Overview
What is Upstate Capital Association Of New York Inc?
Upstate Capital Association of New York Inc is a nonprofit organization situated in New Paltz, New York. Their primary mission is to foster the growth of private equity investments across the state. They accomplish this by collaborating with entrepreneurs, companies seeking funding, private equity firms, and other professionals, aiming to enhance the quantity and quality of investment opportunities. Throughout the year, they organize networking and educational events both in-person and virtually, attracting startups and venture capital companies to educate them on the funding process in New York State. With a team of six dedicated individuals, Upstate Capital Association of New York Inc is committed to promoting investment opportunities and supporting the entrepreneurial ecosystem in New York.
Official website here: www.upstatecapital.org
Is Upstate Capital Association Of New York Inc legitimate?
Upstate Capital Association Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Upstate Capital Association Of New York 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: $150,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,134
For more financial information, click here
Official website here: www.upstatecapital.org
What is the mission statement of Upstate Capital Association Of New York Inc?
Upstate Capital Association of New York Inc's mission is centered around enhancing the number, scale, and quality of private equity investments across various sectors. They achieve this by working closely with entrepreneurs, companies seeking funding, private equity firms, and other professionals. The aim is to improve the number and quality of investment opportunities, thereby fostering growth in the private equity market. Throughout the year, they organize networking and educational events to educate start-up companies and venture capital firms about the funding process in their region.
Official website here: www.upstatecapital.org
Who is the CEO of Upstate Capital Association Of New York Inc?
Noa Simons is the CEO of Upstate Capital Association Of New York Inc The CEO's salary of Upstate Capital Association Of New York Inc is $173,250 and their total compensation is $178,500.
Official website here: www.upstatecapital.org
What is the revenue of Upstate Capital Association Of New York Inc?
Upstate Capital Association Of New York Inc's revenue in 2023 was $456,660.
Official website here: www.upstatecapital.org
Who are the executives of Upstate Capital Association Of New York Inc and what are their salaries?
The average compensation at Upstate Capital Association Of New York Inc during 2023 was $52,042. There are 5 employees at Upstate Capital Association Of New York Inc.
Here are 18 key members and their salaries (Upstate Capital Association Of New York Inc's CEO's salary is $173,250 and their total compensation is $178,500):
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Official website here: www.upstatecapital.org
Where can I find the form 990 for Upstate Capital Association Of New York Inc?
Upstate Capital Association Of New York Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.upstatecapital.org
Learn more at the official website: www.upstatecapital.org
Mission Statement of Upstate Capital Association Of New York Inc
Upstate Capital Association of New York Inc is dedicated to enhancing the quantity, scale, and quality of private equity investments across the state. They achieve this by collaborating with entrepreneurs, startups seeking funding, private equity firms, and other professionals. The organization's mission is to improve the number and quality of transactions where investments can be made. By doing so, Upstate Capital Association of New York Inc aims to stimulate economic growth and development in New York State's private equity sector. They achieve this through a variety of networking and educational events, both in-person and virtual, which provide valuable insights into the funding process in the state. These events serve as platforms for startups and venture capital companies to connect, learn, and collaborate, ultimately leading to a more vibrant and prosperous private equity landscape in New York.
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Impact
October, 2024
Upstate Capital Association Of New York Inc significantly enhances the landscape of private equity investments throughout New York State. By actively engaging with entrepreneurs, businesses seeking funding, and private equity firms, it fosters an environment conducive to growth and innovation.
Through various networking and educational events held both in-person and virtually, the association equips startups and venture capitalists with vital knowledge about the funding process in New York. These events not only broaden the understanding of investment opportunities but also facilitate valuable connections, leading to an increase in both the number and quality of investment transactions. This, in turn, supports the development of local economies and nurtures emerging industries across the state.
The association's mission creates a ripple effect, driving greater investment activity, enhancing entrepreneurial ecosystems, and ultimately contributing to overall community improvement.
This information is meant to be a general summary of Upstate Capital Association Of New York 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 2023.
- Program Service Revenue: $456,660
- Gross Receipts: $456,660
Assets and Liabilities:
- Total Assets: $397,968
- Total Liabilities: $160,744
- Net Assets: $237,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Income & Sponsorships
Revenue
$263,107
Membership Dues
Revenue
$64,465
Shared Services Income
Revenue
$129,088
Organization Details
Founding Year
2003
Principal Officer
Noa Simons
Website
www.upstatecapital.orgNTEE Category
Code: S41 - Community improvement
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