THE NEW YORK CENTER FOR RESEARCH, ECONOMIC ADVANCEMENT, TECHNOLOGY, ENGINEERING AND SCIENCE CORPORATION (NY CREATES) FORMED FOR THE PURPOSE OF ADVANCING SCIENTIFIC RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT WITHIN NEW YORK STATE. SPECIFICALLY, THE PURPOSE OF NY CREATES IS TO FACILITATE THE ATTRACTION AND EXPANSION OF INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS AND FACILITIES, AND TO DEVELOP STRATEGIC ASSETS THAT SUPPORT THE GROWTH OF HIGH TECHNOLOGY COMPANIES THROUGHOUT THE STATE IN COOPERATION WITH THE STATE UNIVERSITY OF NEW YORK (SUNY) AND THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION D/B/A/ EMPIRE STATE DEVELOPMENT (ESD).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.1M
+551.3% YoY
Annual Giving
$22K
Grant Count
1
Avg Grant Size
$22K
About New York Center for Research Economic
Based on IRS filings
New York Center for Research Economic is a nonprofit organization focused on Science & Technology, based in ALBANY, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $49.1M in total assets. In 2024, it awarded 1 grants totaling $22K.
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 | $49,097,189 | $7,538,258 | $1,449,531 |
| Revenue | $43,109,313 | $17,502,814 | $6,615,819 |
| Expenses | $59,171,620 | $11,442,867 | $5,280,820 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hudson Valley Community College Foundation ($21,767).
| Recipient | Purpose | Amount |
|---|---|---|
| HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION TROY, NY | GENERAL | $21,767 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANITA BROWN | DIRECTOR, THRU 12/19/23 | 0.5 | — |
| CHRISTINE CHUNG | DIRECTOR, THRU 2/9/24 | 0.5 | — |
| DOREEN HARRIS | DIRECTOR, THRU 4/19/24 | 0.5 | — |
| DOUG GROSE | CHAIR AS OF 5/1/24/PAST PRES. | 0.5 | $234,232 |
| HEATHER HAGE | DIRECTOR | 0.5 | — |
| JOAN MCDONALD | DIRECTOR | 0.5 | — |
| KENNETH TOMPKINS | DIRECTOR, THRU 10/20/23 | 0.5 | — |
| KRISTIN PROUD | DIRECTOR | 0.5 | — |
| MENG-LING HSIAO | DIRECTOR | 0.5 | — |
| MICHAEL ABBOTT | DIRECTOR | 0.5 | — |
| DAVID ANDERSON | PRESIDENT | 1 | $413,310 |
| PATRICIA ARCIERO-CRAIG | CAO, ACTING GEN COUNS, THRU 4/18/24 | 1 | $267,440 |
| PATRICIA BUCKLIN | SECRETARY | 1 | $176,417 |
| PAUL KELLY | VP STRATEGY, PSHIPS & NV, & COO | 1 | $259,630 |
| REBECCA BORDEN | ACTING GEN COUNS, AS OF 4/19/24 | 1 | $36,686 |
| SCOTT BATEMAN | TREASURER | 0.5 | — |
| TIMOTHY TAYLOR | VP CORPORATE FINANCE & CFO | 1 | $215,144 |
| CHRISTOPHER BORST | VP OF TECHNOLOGY & INFRASTRUCTURE | 1 | $240,887 |
| MAURICE RAGHUBAR | VP OF IT & CHIEF INFORMATION OFFICER | 1 | $153,676 |
| WILLIAM BRONNER | VP OF HUMAN RESOURCES | 1 | $162,304 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New York Center for Research Economic?
New York Center for Research Economic is a nonprofit organization focused on Science & Technology, based in ALBANY, NY. It holds $49.1M in total assets as of 2024.
How large is New York Center for Research Economic?
As of 2024, New York Center for Research Economic holds $49.1M in total assets with $43.1M in annual revenue. It awarded 1 grants totaling $22K in 2024.
Where does New York Center for Research Economic operate?
New York Center for Research Economic has awarded grants in New York.
What size grants does New York Center for Research Economic award?
In 2024, New York Center for Research Economic awarded 1 grants totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.
What is New York Center for Research Economic's EIN?
New York Center for Research Economic's EIN (Employer Identification Number) is 84-4046818. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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