Overview

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Est.

2007

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION is a nonprofit focused on real estate and community improvement, with a mission described as “SEE SCHEDULE O.” In filing year 2025, it reported an operating budget of $8.2M and total revenue of $5.5M, with support from UNIVERSITY AT ALBANY FOUNDATION at $421.7K; no single funder is shown as providing 50% or more of revenue.

Mission Statement

SEE SCHEDULE O
Revenues
$6.6M
Expenses
$7.9M
Net Income:
-$1.2M
Assets
$39.3M
Liabilities
$1.7M
Net Assets:
+$37.6M
Operating Budget
$7.9M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$250K
Largest grant received
$250K
T
Todd Foreman
Board Member
G
George Hearst
Board Member
E
Edward Swyer
Board Member
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  • 1 funders
  • 9 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION’s budget?
In 2024, UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION reported an annual operating budget of around $7.9 million. More detailed financial information is available to registered users.
What causes does UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION support?
UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION supports work in Community improvement and Real estate.
Where does UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION operate?
UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION is headquartered in Albany, NY.
Who funded UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION recently?
In 2021, UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION received grants from UNIVERSITY AT ALBANY FOUNDATION, UNIVERSITY AT ALBANY FOUNDATION, and UNIVERSITY AT ALBANY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION received in 2021?
The largest grant to UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION in 2021 exceeds $250 thousand.
What is UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION’s reliance on government grants?
UNIVERSITY AT ALBANY BIOSCIENCE DEVELOPMENT CORPORATION relied on government grants for less than 5% of their total revenue in 2024.