Overview
What is New York Center For Research Economic Advancement Technology Engineering And?
The New York Center for Research, Economic Advancement, Technology, Engineering, and Science (NY CREATES) is a nonprofit organization based in Albany, New York. Established with the purpose of fostering scientific research, education, and economic development within the state, NY CREATES aims to attract and expand innovative research and development projects and facilities. It collaborates with institutions such as the State University of New York (SUNY) and the New York State Urban Development Corporation, doing business as Empire State Development (ESD), to develop strategic assets that support the growth of high-technology companies across New York. A significant contribution of $6,615,819 was received from Fuller Road Management Corporation, further emphasizing their commitment to their mission.
Official website here: www.ny-creates.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The New York Center for Research Economic Advancement Technology Engineering has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization excels in areas such as having a majority of independent board members, comprehensive financial oversight, and no reported material diversions of assets, indicating a strong commitment to ethical governance and transparency.
Strengths of the organization are highlighted by its perfect scores in multiple categories, including the management of financial statements and adherence to conflict of interest and whistleblower policies. The significant program expense ratio of 100% suggests that all funds are directed towards its mission-driven initiatives, enhancing its credibility among donors and stakeholders.
While the rating does not mention any specific limitations, the high score across various metrics indicates robust operational practices. Potential contributors can feel confident that their donations are being managed effectively and are likely making a meaningful impact through this nonprofit's efforts.
This AI summary has been generated from information found on Charity Navigator.
Is New York Center For Research Economic Advancement Technology Engineering And legitimate?
New York Center For Research Economic Advancement Technology Engineering And is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Center For Research Economic Advancement Technology Engineering And 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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For more financial information, click here
Official website here: www.ny-creates.org
What is the mission statement of New York Center For Research Economic Advancement Technology Engineering And?
The New York Center for Research, Economic Advancement, Technology, Engineering, and Science Corporation (NY Creates) was established with the aim of promoting scientific research, education, and economic development within New York State. Its primary purpose is to facilitate the attraction and expansion of innovative research and development projects and facilities, as well as develop strategic assets that support the growth of high technology companies across the state. This is accomplished through cooperation with the State University of New York (SUNY) and the New York State Urban Development Corporation, operating as Empire State Development (ESD).
Official website here: www.ny-creates.org
Who is the CEO of New York Center For Research Economic Advancement Technology Engineering And?
David Anderson is the President, As Of 4/25/2022 of New York Center For Research Economic Advancement Technology Engineering And.
Official website here: www.ny-creates.org
What is the revenue of New York Center For Research Economic Advancement Technology Engineering And?
New York Center For Research Economic Advancement Technology Engineering And's revenue in 2022 was $6,615,819.
Official website here: www.ny-creates.org
Who are the executives of New York Center For Research Economic Advancement Technology Engineering And and what are their salaries?
There 12 volunteers at New York Center For Research Economic Advancement Technology Engineering And.
Here are 21 key members and their salaries:
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- Compensation: $122,075
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- Other: $29,037
Official website here: www.ny-creates.org
Where can I find the form 990 for New York Center For Research Economic Advancement Technology Engineering And?
New York Center For Research Economic Advancement Technology Engineering And's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ny-creates.org
Learn more at the official website: www.ny-creates.org
Mission Statement of New York Center For Research Economic Advancement Technology Engineering And
The New York Center for Research, Economic Advancement, Technology, Engineering, and Science Corporation, often referred to as NY Creates, was established with the primary purpose of fostering scientific research, education, and economic development within New York State. This nonprofit organization's mission is twofold. Firstly, it aims to attract and expand innovative research and development projects and facilities within the state. Secondly, NY Creates works on developing strategic assets that support the growth of high-technology companies across New York, in collaboration with the State University of New York (SUNY) and the New York State Urban Development Corporation, operating under the name Empire State Development (ESD). By facilitating these activities, NY Creates aims to contribute significantly to the advancement of scientific research, education, and economic growth within New York State.
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Impact
July, 2024
The New York Center For Research Economic Advancement Technology Engineering And (NY CREATES) plays a crucial role in advancing scientific research, education, and economic development within New York State. Its primary focus is on facilitating the attraction and expansion of innovative research and development projects and facilities, as well as developing strategic assets to support the growth of high technology companies throughout the state. By collaborating with the State University of New York (SUNY) and the New York State Urban Development Corporation, NY CREATES helps drive innovation and economic growth in the region. The impact of NY CREATES is significant in fostering technological advancements, creating opportunities for high-tech businesses, and contributing to the overall progress of New York State in the field of science research.
This information is meant to be a general summary of New York Center For Research Economic Advancement Technology Engineering And. 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.
- Gross Receipts: $6,615,819
Assets and Liabilities:
- Total Assets: $1,449,531
- Total Liabilities: $14,567
- Net Assets: $1,434,964
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Organization Details
Founding Year
2018
Phone
(518) 956-7322Principal Officer
David Anderson
Main Address
257 FULLER RD, ALBANY, NY, 12203
Website
www.ny-creates.orgNTEE Category
Code: U40 - Science research
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