Overview

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Est.

2010

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Upstate Venture Connect Corporation is a nonprofit organization focused on community and economic development in Upstate New York. Its mission is to accelerate the growth of the region's technological economy by fostering the creation of knowledge-based businesses, promoting private investment, and encouraging collaboration among residents and alumni. With an operating budget of $325.7K and total revenue of $374.9K for the 2024 filing year, the organization does not rely on any single funder for 50% or more of its revenue. More information can be found on their website at uvc.org.

Mission Statement

The Corporation is organized to accelerate growth of Upstate New York's technological economy. The corporation willaccelerate the creation and growth of knowledge based business fueled by private investorcapital, promote collaboration across NY and to promote residents and alumni to connect as part of tech economy.
Revenues
$374.9K
Expenses
$325.7K
Net Income:
+$49.1K
Assets
$169.3K
Liabilities
$47.8K
Net Assets:
+$121.4K
Operating Budget
$325.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$12K
Largest grant received
$12K
O
Olivia Goldstein
Board Member
C
Christine Tate
Board Member
R
Richard Glaser
Board Member

Frequently Asked Questions

What is Upstate Venture Connect Corporation’s budget?
In 2024, Upstate Venture Connect Corporation reported an annual operating budget of around $326 thousand. More detailed financial information is available to registered users.
What causes does Upstate Venture Connect Corporation support?
Upstate Venture Connect Corporation supports work in Community and economic development.
Where does Upstate Venture Connect Corporation operate?
Upstate Venture Connect Corporation is headquartered in Little Falls, NY.
Who funded Upstate Venture Connect Corporation recently?
In 2024, Upstate Venture Connect Corporation received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, The Bank of America Charitable Foundation Inc, and The Bank of America Charitable Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant Upstate Venture Connect Corporation received in 2024?
The largest grant to Upstate Venture Connect Corporation in 2024 exceeds $12 thousand.
What is Upstate Venture Connect Corporation’s reliance on government grants?
Upstate Venture Connect Corporation relied on government grants for more than 25% of their total revenue in 2024.