EMPIRE AI CONSORTIUM: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
EMPIRE AI CONSORTIUM (EIN 99-4209088)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202601359349312765
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T15:36:55-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUE SUITE 301AddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN994209088EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EMPIRE AI CONSORTIUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEMPIBusinessNameControlTxt
Phone2124074039PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET FLOOR 49AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSHUA BRUMBERGPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2124074039PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone9143818900PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Initial ReturnYes (X)InitialReturnInd
Principal OfficerTHOMAS SECUNDAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET FLOOR 49AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,000,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EMPIREAI.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2024FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionEMPIRE AI CONSORTIUM, INC. IS A NONPROFIT ORGANIZATION ESTABLISHED TO ADVANCE ARTIFICIAL INTELLIGENCE RESEARCH, EDUCATION, AND INNOVATION ACROSS PARTICIPATING INSTITUTIONS.DURING THE FISCAL YEAR, THE ORGANIZATION FOCUSED ON BUILDING SHARED COMPUTING INFRASTRUCTURE, SUPPORTING COLLABORATIVE RESEARCH INITIATIVES, AND ENABLING ACCESS TO ADVANCED AI RESOURCES FOR ACADEMIC AND RESEARCH COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$10,000,000CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$10,000,000CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$649,467CYOtherExpensesAmt
CY Total Expenses$649,467CYTotalExpensesAmt
CY Revenues Less Expenses$9,350,533CYRevenuesLessExpensesAmt
Total Assets EOY$29,214,514TotalAssetsEOYAmt
Total Liabilities EOY$14,073,981TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$15,140,533NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEMPIRE AI EMPOWERS NEW YORK'S LEADING COLLEGES AND UNIVERSITIES WITH ACCESS TO WORLD-CLASS, HIGH-PERFORMANCE COMPUTING RESOURCES FOR RESPONSIBLE ARTIFICIAL INTELLIGENCE RESEARCH AND DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$335,084ExpenseAmt
Grant$0GrantAmt
Revenue$10,000,000RevenueAmt
DescEMPIRE AI FOCUSED ON ESTABLISHING FOUNDATIONAL INFRASTRUCTURE AND GOVERNANCE FOR A MULTI-INSTITUTIONAL AI RESEARCH CONSORTIUM. KEY ACTIVITIES INCLUDED THE DEVELOPMENT OF HIGH-PERFORMANCE COMPUTING (HPC) INFRASTRUCTURE TO SUPPORT AI WORKLOADS, ONBOARDING OF MEMBER INSTITUTIONS INTO THE CONSORTIUM FRAMEWORK, EXECUTION OF AGREEMENTS AND PARTNERSHIPS WITH PARTICIPATING UNIVERSITIES AND PROCUREMENT AND DEPLOYMENT PLANNING OF SPECIALIZED COMPUTING EQUIPMENT. IN PARALLEL, THIS PERIOD MARKED THE BEGINNING OF EMPIRE AI'S OPERATIONAL AND TECHNICAL BUILD OUT. THE ORGANIZATION INITIATED THE DEVELOPMENT OF ITS INTERNAL TECHNICAL CAPACITY AND ADVANCED THE DEPLOYMENT OF ITS COMPUTING ENVIRONMENTS, INCLUDING THE INTEGRATION AND VALIDATION OF THE ALPHA SYSTEM. THIS TIMEFRAME SAW MORE THAN 250 RESEARCHERS GRANTED ACCESS TO THE ALPHA SYSTEM, AS WELL AS THE PLANNING AND IMPLEMENTATION OF THE BETA SYSTEM, WHICH WILL SIGNIFICANTLY EXPAND COMPUTE CAPABILITIES FOR CONSORTIUM MEMBERS.Desc
Total Program Service Expenses$335,084TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOSHUA BRUMBERG TREASURERPersonNm
Phone2124074039PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET FLOOR 49AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
THOMAS SECUNDA
CHAIR2.00Yes (X)Yes (X)$0$0$0
JOSHUA BRUMBERG
TREASURER2.00Yes (X)Yes (X)$0$0$0
KRYSTYN VAN VLIET
SECRETARY2.00Yes (X)Yes (X)$0$0$0
STACIE BLOOM
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN DEWBURST
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH FINE
DIRECTOR1.00Yes (X)$0$0$0
VENUGOPAL GOVINDARAJU
DIRECTOR1.00Yes (X)$0$0$0
DOUGLAS GROSE
DIRECTOR1.00Yes (X)$0$0$0
KIM HAZELWOOD
DIRECTOR1.00Yes (X)$0$0$0
ROBERT HULL
DIRECTOR1.00Yes (X)$0$0$0
HOWARD MORGAN
DIRECTOR1.00Yes (X)$0$0$0
GIRISH NADKARNI
DIRECTOR1.00Yes (X)$0$0$0
MELUR K RAMASUBRAMANIAN
DIRECTOR1.00Yes (X)$0$0$0
JEANNETTE WING
DIRECTOR1.00Yes (X)$0$0$0
ROBERT J HARRISON
INTERIM EXECUTIVE DIRECTOR40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP FEESDesc
Business541700BusinessCd
Total Revenue Column$10,000,000TotalRevenueColumnAmt
Related Or Exempt Func Income$10,000,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$10,000,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,000,000TotalRevenueColumnAmt
Related Or Exempt Func Income$10,000,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$233,546TotalAmt
Program Services$157,850ProgramServicesAmt
Management And General$75,696ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$303,474TotalAmt
Program Services$177,234ProgramServicesAmt
Management And General$126,240ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$84,790TotalAmt
Management And General$84,790ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,706TotalAmt
Management And General$11,706ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt
Management And General$1,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$232TotalAmt
Management And General$232ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,731TotalAmt
Management And General$1,731ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Management And General$3,000ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,988TotalAmt
Management And General$9,988ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$649,467TotalAmt
Program Services$335,084ProgramServicesAmt
Management And General$314,383ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$4,491,169EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$5,790,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$7,500,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$8,047EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,425,298LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,425,298EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$29,214,514EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$336,098EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$2,500,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,237,883EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$14,073,981EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$9,350,533EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$5,790,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$15,140,533EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$29,214,514EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$9,350,533ReconcilationRevenueExpnssAmt
Donated Services And Use Fclts$5,790,000DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$0CurrentTaxYearAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$0PublicSupportTotal170Amt
Total Support$0TotalSupportAmt
Gross Receipts Rltd Activities$10,000,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,425,298OtherCostOrOtherBasisAmt
Book Value$11,425,298BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,425,298TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCONTRACTS PAYABLEDesc
Amt$11,237,883Amt
FieldValueIRS element (for citing)
Total Liability$11,237,883TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$18,028,293TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$8,028,293DonatedServicesAndUseFcltsAmt
Revenue Not Reported$8,028,293RevenueNotReportedAmt
Revenue Subtotal$10,000,000RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,000,000TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,887,760TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$2,238,293DonatedServicesUseFcltsAmt
Expenses Not Reported$2,238,293ExpensesNotReportedAmt
Expenses Subtotal$649,467ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$649,467TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WHICH PROVIDES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. USING THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IN ITS FINANCIAL STATEMENTS ONLY IF IT IS MORE-LIKELY-THAN-NOT (I.E., A LIKELIHOOD OF MORE THAN 50%) THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024. THE ORGANIZATION IS SUBJECT TO EXAMINATION SINCE INCEPTION.
PART XI, LINE 2B AND PART XII, LINE 2A:THE ORGANIZATION RECEIVES IN-KIND SUPPORT IN THE FORM OF DONATED LEGAL SERVICES AND ACCESS TO CERTAIN AI COMPUTING EQUIPMENT, SOFTWARE, AND RELATED INFRASTRUCTURE IN FURTHERANCE OF ITS EXEMPT PURPOSE. THE ORGANIZATION RECOGNIZES SUCH SUPPORT IN ACCORDANCE WITH APPLICABLE ACCOUNTING GUIDANCE FOR CONTRIBUTED NONFINANCIAL ASSETS AND SERVICES. CERTAIN COMPUTING EQUIPMENT, SOFTWARE, AND INFRASTRUCTURE ARE PROVIDED PURSUANT TO AGREEMENTS UNDER WHICH OWNERSHIP REMAINS WITH THE PROVIDER DURING THE APPLICABLE AGREEMENT TERM.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH THE STATE UNIVERSITY OF NEW YORK ("SUNY") AND STONY BROOK UNIVERSITY ("SBU") UNDER WHICH ROBERT J. HARRISON, AN EMPLOYEE OF SBU, SERVES AS THE ORGANIZATION'S INTERIM EXECUTIVE DIRECTOR ON A PART-TIME BASIS DURING THE ORGANIZATION'S STARTUP AND OPERATIONAL DEVELOPMENT PHASE. MR. HARRISON REMAINS EMPLOYED AND COMPENSATED BY SBU WHILE PROVIDING EXECUTIVE LEADERSHIP AND DAY-TO-DAY MANAGEMENT SERVICES TO THE ORGANIZATION AND REPORTING DIRECTLY TO THE BOARD OF DIRECTORS. PURSUANT TO THE AGREEMENT, THE ORGANIZATION REIMBURSES SUNY/SBU FOR AN ALLOCATED PORTION OF MR. HARRISON'S COMPENSATION AND RELATED EMPLOYMENT COSTS. MR. HARRISON'S RESPONSIBILITIES INCLUDE OVERSIGHT OF THE ORGANIZATION'S OPERATIONS, IMPLEMENTATION OF ORGANIZATIONAL OBJECTIVES AND STRATEGIC INITIATIVES, COORDINATION WITH PARTICIPATING MEMBER INSTITUTIONS, SUPPORT OF GOVERNANCE AND BOARD ACTIVITIES, DEVELOPMENT OF OPERATIONAL POLICIES AND PROCEDURES, AND OVERSIGHT OF ACTIVITIES RELATED TO THE ORGANIZATION'S PLANNED AI COMPUTING INFRASTRUCTURE AND CONSORTIUM OPERATIONS. THE ARRANGEMENT CONSTITUTES A REIMBURSED PERSONNEL SERVICES ARRANGEMENT, AND MR. HARRISON REMAINS AN EMPLOYEE OF SBU THROUGHOUT THE TERM OF THE AGREEMENT. ROBERT J. HARRISON WAS COMPENSATED $233,546 IN FY2025 FOR SERVICE PROVIDED TO THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONSULTATION WITH MANAGEMENT. PRIOR TO FILING, THE COMPLETED FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED BY THE ACCOUNTING FIRM TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION. FOLLOWING REVIEW BY THE AUDIT COMMITTEE, THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. ANY COMMENTS OR REVISIONS IDENTIFIED DURING THE REVIEW PROCESS ARE CONSIDERED AND INCORPORATED, AS APPROPRIATE, PRIOR TO FINAL SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY WHICH IT ACTIVELY MONITORS AND ENFORCES. THE POLICY MANDATES THAT ALL DIRECTORS, ADVISORY DIRECTORS, OFFICERS, AND PERSONS ANNUALLY SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE POLICY REQUIRES ANNUAL WRITTEN DISCLOSURES OF POTENTIAL CONFLICTS AND MANDATES THAT COVERED INDIVIDUALS PROMPTLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. ANY INDIVIDUAL WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS OR VOTING ON THE RELATED MATTER AND MAY NOT IMPROPERLY INFLUENCE THE DECISION-MAKING PROCESS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE IMPLEMENTATION OF, AND COMPLIANCE WITH, THE POLICY, WITH THE ASSISTANCE OF THE EXECUTIVE DIRECTOR. THE AUDIT COMMITTEE AND/OR BOARD REVIEWS ALL DISCLOSED CONFLICTS TO DETERMINE WHETHER A CONFLICT EXISTS AND WHETHER THE PROPOSED TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTERESTS OF THE ORGANIZATION. ALL DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY.
FORM 990, PART VI, SECTION B, LINE 14:THE ORGANIZATION ADOPTED A DOCUMENT RETENTION AND DESTRUCTION POLICY AFTER YEAR-END.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.

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