ALBANY COUNTY BUSINESS DEVEL... 990 Health Check

Donor quick answer

What to know before you donate

ALBANY COUNTY BUSINESS DEVELOPMENT CORP has a public Form 990 profile, but an AlignMint donation portal is not live yet. Review the public filing signals and share the claim link with the nonprofit if the profile should be activated.

Program ratio

Not enough public data

Fundraising ratio

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

View previous 990s on ProPublica

Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$742,603

Contributions and grants$0

Program service revenue$330,745

Other revenue$0

Total expenses$437,123

Grants paid$0

Salaries and compensation$0

Program ratioNot reported

Fundraising ratio0%

Admin ratioNot reported

Total assets$20,235,724

Net assets$20,090,737

Total liabilities$144,987

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $742,603
Expenses: $437,123
Program ratio: Not reported

Donor review checklist

Confirm the filing is recent

Latest public tax year: 2024. Ask for newer financials if the organization has not filed a recent 990 yet.

Read the mission and program work

Compare the mission narrative with the program-service rows and the nonprofit's current website.

Review the spending mix

Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

Check the giving path

This profile is public research only until the nonprofit claims it and connects payment integrations.

Mission and programs

TO SUPPORT A VIABLE, SUSTAINABLE ECONOMIC ECO-SYSTEM IN THE COUNTY OF ALBANY BY PROVIDING LOW INTEREST COMMERCIAL LOANS THROUGH THE AL TECH LOAN FUND TO SMALL AND MEDIUM SIZE BUSINESSES THAT ARE EXPECTED TO CREATE EMPLOYMENT OPPORTUNITIES AND/OR EXPAND THE COMMERCIAL REAL ESTATE TAX BASE.