2016-11-14T15:35:30-06:00 2015-12-31 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2015-01-01 222880333 CENTER FOR ECONOMIC GROWTH INC CENT 5184658975 39 N PEARL ST STE 100 ALBANY NY 12207 ANDREW KENNEDY PRESIDENT & CEO 5184658975 2016-11-07 1 JAMES P DANIELS P00603621 5184493166 2015 2017-02-10 21:41:12Z ANDREW KENNEDY 39 N PEARL ST STE 100 ALBANY NY 12207 2967992 0 X WWW.CEG.ORG X 1987 NY THE CENTER FOR ECONOMIC GROWTH (CEG) IS A PRIVATE, NOT-FOR-PROFIT, MEMBERSHIP-BASED ECONOMIC AND BUSINESS DEVELOPMENT ORGANIZATION COMMITTED TO VISIONARY REGIONAL ECONOMIC EXPANSION THROUGHOUT NEW YORK STATE'S CAPITAL REGION AND TECH VALLEY, A REGION OF MORE THAN 1.1 MILLION RESIDENTS. CEG IMPLEMENTS STRATEGIC INITIATIVES TO ENHANCE THE REGION'S COMPETITIVENESS BY ATTRACTING HIGH-TECH TALENT AND COMPANIES THROUGH SITE LOCATION AND ASSISTANCE WHILE PROVIDING INNOVATIVE SERVICES TO GROW LOCAL BUSINESSES AND PREPARE REGIONAL COMMUNITIES FOR FUTURE GROWTH. 81 79 20 135 0 0 1998967 2386375 879077 581617 0 0 0 0 2878044 2967992 0 0 0 0 1301684 1132898 0 0 63277 1634132 1912506 2935816 3045404 -57772 -77412 985345 672104 783938 548109 201407 123995 X TECHNICAL SERVICES GROUP ASSISTS REGIONAL TECHNOLOGY AND MANUFACTURING COMPANIES IN THE CREATION AND RETENTION OF JOBS, INCREASE SALES AND EXPAND CAPITAL INVESTMENT. VENTURE INITIATIVES PROVIDES CAPTIAL TO REGIONAL TECHNOLOGY COMPANIES BY CONNECTING THEM TO POTENTIAL INVESTORS, REVIEWING BUSINESS PLANS AND EXPANDING VENTURE FUNDING OPPORTUNITIES. CEG'S SALES CALLS, TRADESHOWS AND CULTIVATION OF BUSINESS CONTACTS THROUGH TARGETED STRATEGIC, CROSS-INDUSTRY & GLOBAL MARKETING PROGRAMS. PRESERVATION AND PROMOTION OF TECH VALLEY'S QUALITY OF LIFE WHILE HELPING POSITION COMMUNITIES TO ACHIEVE SMART AND DESIRED ECONOMIC GROWTH BY WORKING AT LOCAL, COUNTY AND STATE LEVEL TO EXPAND SERVICE-SHARING, ELIMINATE DUPLICATION AND STREAMLINE SERVICES AT ALL LEVELS OF GOVERNMENT. TO ENCOURAGE SMART GROWTH THROUGH THE DEVELOPMENT OF COMPREHENSIVE PLANS AND BY PROVIDING THE TOOLS, INFORMATION AND EDUCATION THAT WILL ALLOW FOR SUSTAINABLE COMMUNITIES. 0 0 2752952 581617 NEIGHBORHOOD EMPOWERMENT, JOB CREATION, EDUCATION, TRAINING, YOUTH ENRICHMENT AND FAMILY PRESERVATION. 2752952 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 20 1 0 0 0 0 0 0 0 0 0 0 X 81 79 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X THE ORGANIZATION 5184658975 39 N PEARL ST STE 100 ALBANY NY 12207 GARY BALFOUR DIRECTOR 1.00 X 0 0 0 JOHN D BENNETT MD DIRECTOR 1.00 X 0 0 0 DAVID M BUICKO DIRECTOR 1.00 X 0 0 0 CHARLES F CARLETTA JD DIRECTOR 1.00 X 0 0 0 GREGORY J CHAMPION ESQ DIRECTOR 1.00 X 0 0 0 PETER K COSGROVE DIRECTOR 1.00 X 0 0 0 PATRICIA FUSCO DIRECTOR 1.00 X 0 0 0 ALAN P GOLDBERG DIRECTOR 1.00 X 0 0 0 DAVID GOLUB DIRECTOR 1.00 X 0 0 0 GEORGE R HEARST III DIRECTOR 1.00 X 0 0 0 HON KATHLEEN M JIMINO DIRECTOR 1.00 X 0 0 0 JOHN F LAROW DIRECTOR 1.00 X 0 0 0 JOHN J NIGRO DIRECTOR 1.00 X 0 0 0 JAMES K REED MD DIRECTOR 1.00 X 0 0 0 JEFFREY D STONE DIRECTOR 1.00 X 0 0 0 STEPHEN C AINLAY PHD MEMBER AT LARGE 1.00 X 0 0 0 DEAN PENELOPE ANDREWS MEMBER AT LARGE 1.00 X 0 0 0 STEPHEN P BABOULIS MEMBER AT LARGE 1.00 X 0 0 0 MATTHEW BETTE MEMBER AT LARGE 1.00 X 0 0 0 STEPHEN L BILLS MEMBER AT LARGE 1.00 X 0 0 0 KENNETH L BLASS MEMBER AT LARGE 1.00 X 0 0 0 J DAVID BROWN MEMBER AT LARGE 1.00 X 0 0 0 PAMELA SAWCHUCK BROWN MEMBER AT LARGE 1.00 X 0 0 0 NANCY E CAREY CASSIDY MEMBER AT LARGE 1.00 X 0 0 0 BRYANT CASSELLA MEMBER AT LARGE 1.00 X 0 0 0 MICHAEL J CASTELLANA MEMBER AT LARGE 1.00 X 0 0 0 JAMES W CONNOLLY MEMBER AT LARGE 1.00 X 0 0 0 ROBERT M CURLEY MEMBER AT LARGE 1.00 X 0 0 0 DAVID S DEMARCO MEMBER AT LARGE 1.00 X 0 0 0 J TYLER DESMOND MEMBER AT LARGE 1.00 X 0 0 0 HUGH J DONLON MEMBER AT LARGE 1.00 X 0 0 0 SUSAN E FARLEY ESQ MEMBER AT LARGE 1.00 X 0 0 0 WILLIAM J FLAHERTY MEMBER AT LARGE 1.00 X 0 0 0 MARK T FROST MEMBER AT LARGE 1.00 X 0 0 0 JAMES GASPO MEMBER AT LARGE 1.00 X 0 0 0 DENISE V GONICK ESQ MEMBER AT LARGE 1.00 X 0 0 0 JOHN HARRIS ESQ MEMBER AT LARGE 1.00 X 0 0 0 JOAN R HAYNER CPA CMPE MEMBER AT LARGE 1.00 X 0 0 0 MAUREEN O HELMER ESQ MEMBER AT LARGE 1.00 X 0 0 0 AMY JOHNSON MEMBER AT LARGE 1.00 X 0 0 0 CAROLYN JONES MEMBER AT LARGE 1.00 X 0 0 0 ROBERT J JONES PHD MEMBER AT LARGE 1.00 X 0 0 0 TIMOTHY L KILLEEN PHD MEMBER AT LARGE 1.00 X 0 0 0 DAVID KRUPSKI MEMBER AT LARGE 1.00 X 0 0 0 STEPHEN P LAFLECHE MEMBER AT LARGE 1.00 X 0 0 0 HON JOHN LAWLOR MEMBER AT LARGE 1.00 X 0 0 0 RICHARD E LECKERLING ESQ MEMBER AT LARGE 1.00 X 0 0 0 JENNIFER L MACPHEE MEMBER AT LARGE 1.00 X 0 0 0 SHAUN P MAHONEY MEMBER AT LARGE 1.00 X 0 0 0 ANDREW J MATONAK EDD MEMBER AT LARGE 1.00 X 0 0 0 ROBERT MAY ESQ MEMBER AT LARGE 1.00 X 0 0 0 ANGELO M MAZZONE MEMBER AT LARGE 1.00 X 0 0 0 TRACY L METZGER MEMBER AT LARGE 1.00 X 0 0 0 PHILIP MORRIS MEMBER AT LARGE 1.00 X 0 0 0 ANN M MOYNIHAN MEMBER AT LARGE 1.00 X 0 0 0 MICHAEL M NOLAN MEMBER AT LARGE 1.00 X 0 0 0 JAMES PASCARELL MEMBER AT LARGE 1.00 X 0 0 0 LAUREN PAYNE MEMBER AT LARGE 1.00 X 0 0 0 ANDREW C ROSE ESQ MEMBER AT LARGE 1.00 X 0 0 0 RAYMOND RUDOLPH MEMBER AT LARGE 1.00 X 0 0 0 HADI SALAVITABAR PHD MEMBER AT LARGE 1.00 X 0 0 0 HON CHARLES E SCHUMER MEMBER AT LARGE 1.00 X 0 0 0 SUSAN C SCRIMSHAW PHD MEMBER AT LARGE 1.00 X 0 0 0 BEN SEMMES MEMBER AT LARGE 1.00 X 0 0 0 HON KATHY SHEEHAN MEMBER AT LARGE 1.00 X 0 0 0 KAY STAFFORD MEMBER AT LARGE 1.00 X 0 0 0 CHARLES P STEINER MEMBER AT LARGE 1.00 X 0 0 0 CARL E STEWART III MEMBER AT LARGE 1.00 X 0 0 0 I DAVID SWAWITE MEMBER AT LARGE 1.00 X 0 0 0 MICHAEL J UCCELLINI MEMBER AT LARGE 1.00 X 0 0 0 OMAR USMANI MEMBER AT LARGE 1.00 X 0 0 0 TODD H VANDERVORT MEMBER AT LARGE 1.00 X 0 0 0 DAN WHITE MEMBER AT LARGE 1.00 X 0 0 0 ARNOLD WILL MEMBER AT LARGE 1.00 X 0 0 0 LAURA W SCHWEITZER PHD CHAIRMAN 1.00 X X 0 0 0 THOMAS AMELL EXEC VICE CHAIR 1.00 X X 0 0 0 JAMES W DRISLANE CPA TREASURER 1.00 X X 0 0 0 CHRISTINE A HORNE SECRETARY 1.00 X X 0 0 0 ROBERT E BLACKMAN PAST CHAIR 1.00 X X 0 0 0 MICHAEL J HICKEY PRESIDENT AND CEO 40.00 X X 84260 0 4800 F MICHAEL TUCKER PAST PRESIDENT & CEO 1.00 X X 101238 0 7150 185498 0 11950 1 0 0 0 0 598763 986470 801142 2386375 OTHER PROGRAM INCOME 541900 275597 275597 CONSULTING 541900 255416 255416 STRATEGIC INITIATIVES 541900 50604 50604 581617 2967992 581617 0 0 197448 82585 114863 775174 720507 54667 160276 126869 24797 8610 154759 131545 23214 16350 13897 2453 18492 15718 2774 69302 58907 10395 48184 40956 7228 32381 27524 4857 6035 5130 905 30241 25705 4536 DIRECT STRATEGIC INITIA 1465914 1465914 BAD DEBTS 26500 26500 DUES AND SUBSCRIPTIONS 14050 11942 2108 PARKING 13490 11466 2024 16808 14287 2521 3045404 2752952 229175 63277 500 500 134280 158133 530081 358032 192399 134565 116339 4974 606413 590513 11746 15900 985345 672104 246030 169286 104874 41258 433034 337565 783938 548109 X 201407 123995 201407 123995 985345 672104 -77412 0 X 0 1 X 1 0 X 1487903 1561648 1757829 1998967 2386375 9192722 1487903 1561648 1757829 1998967 2386375 9192722 9192722 9192722 4143606 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13611 8750 4861 592802 581763 11039 15900 X 2967992 0 2967992 0 2967992 3045404 0 3045404 0 3045404 PART X, LINE 2: TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: CEG IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS HOWEVER REQUIRED TO FILE AN INFORMATIONAL RETURN (FEDERAL FORM 990). CEG BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 6 DESCRIPTION OF MEMBERSHIP: MEMBERSHIP IS OPEN TO BUSINESSES, NOT-FOR-PROFITS, AND GOVERNMENTAL ORGANIZATIONS IN NEW YORK'S CAPITAL REGION. THE CENTER AIMS TO BRING TOGETHER LEADING ORGANIZATIONS IN THE CAPITAL REGION TO EXPAND THE ECONOMY AND TO OFFER INFORMATION, EDUCATION AND TRAINING OPPORTUNITIES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS' POWERS TO APPOINT OR ELECT THE GOVERNING BODY: MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE GENERAL MEMBERSHIP TO SERVE TWO-YEAR TERMS. THEY CAN SEEK RE-ELECTION AFTER A PERIOD OF ONE YEAR HAS ELAPSED FROM THE COMPLETION OF THEIR PREVIOUS TERM. FORM 990, PART VI, SECTION B, LINE 11 ANNUAL RETURN REVIEW PROCEDURE: THE DRAFT FORM 990 IS CIRCULATED TO THE MEMBERS OF THE GOVERNING BODY FOR THEIR REVIEW AND APPROVAL PRIOR TO BEING FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROCEDURES: EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY RELATIONSHIPS OR PARTNERSHIPS WITH BOARD MEMBERS, GENERAL MEMBERS, BUSINESS PARTNERS, ELECTED OFFICIALS OR ANY INDIVIDUAL ORGANIZATION WHERE A POTENTIAL CONFLICT MAY EXIST. EMPLOYEES AND BOARD MEMBERS ARE POLLED ON AN ANNUAL BASIS TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION PROCEDURES: EXECUTIVE COMMITTEE MEMBERS ACT AS SUB-COMMITTEE TO REVIEW COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY TO THE PUBLIC OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THESE ARE PROVIDED ON REQUEST.