PROVIDE CUSTOMIZED STRATEGIES TO SMALL-TO-MIDDLE SIZED COMPANIES IN THE MANUFACTURING TECHNOLOGY SECTORS TO IMPROVE PRODUCTIVITY, INCREASE SALES, REDUCE COSTS, LAUNCH NEW PRODUCTS AND GROW THEIR BOTTOM LINE. IN ADDITION, WE ENGAGE IN A VARIETY OF INITIATIVES TO DEVELOP A SKILLED WORKFORCE TO SERVE THE REGION'S EMPLOYER COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-13.7% YoY
Annual Giving
$185K
+33.0% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$62K
+121.6% YoY
About Center for Economic Growth Inc
Based on IRS filings
Center for Economic Growth Inc is a nonprofit organization focused on Social Science, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 3 grants totaling $185K. Net investment income was $26.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,334,669 | $1,545,948 | $1,845,501 |
| Revenue | $1,456,973 | $1,318,359 | $1,283,587 |
| Expenses | $1,662,378 | $1,459,413 | $1,465,356 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26 | $548 | $635 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID DEMARCO | DIRECTOR | 1 | — |
| BRIAN O'GRADY | DIRECTOR | 1 | — |
| FRAN O'ROURKE | DIRECTOR | 1 | — |
| STEPHEN OBERMAYER | CHAIR | 1 | — |
| KIMBERLY IRELAND | TREASURER/SECRETARY | 1 | — |
| MARK EAGAN | PRESIDENT & CEO | 2 | $17,483 |
| CHRISTINE HOLLE | VP, FINANCE & OPERATIONS | 6 | $19,401 |
| KATHERINE JN BELMONT | CHIEF ECONOMIC DEVELOPMENT | 7 | $27,005 |
| THOMAS BELL | PROJECT DIRECTOR, TECHNOLOGY SERVICES | 40 | $117,640 |
| DON WIESENFORTH | SENIOR VICE PRESIDENT, CEG | 40 | $134,828 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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