2025-11-17T11:46:35-06:00 2024-12-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2024-01-01 800775764 ACCELERATE LONG ISLAND INC ACCE 6314933048 300 BROADHOLLOW ROAD SUITE 110W MELVILLE NY 11747 MICHELLE BYRNE FINANCE DIRECTOR 6314933000 2025-11-17 1 0 DAVID DINOLFO P01355433 5856622216 2024 2025-03-06 01:10:19Z MICHELLE BYRNE 300 BROADHOLLOW ROAD MELVILLE NY 11757 243283 0 X WWW.ACCELERATELI.ORG X 2011 NY SEE SCHEDULE O 14 14 0 0 0 0 80407 142945 100000 100000 322 338 5000 0 185729 243283 0 0 0 0 0 0 0 0 0 190409 229798 190409 229798 -4680 13485 950143 957563 41034 34969 909109 922594 X A UNIQUE COLLABORATION AMONG LONG ISLAND'S WORLD CLASS RESEARCH INSTITUTIONS AND ITS BUSINESS COMMUNITY TO COMMERCIALIZE RESEARCH AND CREATE AN ENTREPRENEURIAL ECOSYSTEM. 0 0 ACCELERATE LONG ISLAND (ALI), A NON-PROFIT FOUNDED IN 2011, HAS AN EXTENSIVE AND COMMITTED TRACK RECORD OF ACCELERATING GROWTH FOR LONG ISLAND BASED HIGH TECHNOLOGY STARTUPS. ALI LEADS A UNIQUE COLLABORATION AMONG LONG ISLAND'S WORLD CLASS RESEARCH INSTITUTIONS AND ITS BUSINESS COMMUNITY TO COMMERCIALIZE RESEARCH AND CREATE AN ENTREPRENEURIAL ECOSYSTEM. ALI FOCUSES ON HIGH-TECHNOLOGY COMPANIES EMANATING FROM THE REGION'S RESEARCH AND ACADEMIC INSTITUTIONS AND HIGH-GROWTH STARTUPS IN OUR REGION. ALI WAS AWARDED THE LONG ISLAND INNOVATION HOT SPOT ("LIIHS") GRANT ISSUED BY NEW YORK STATE EMPIRE STATE DEVELOPMENT ("ESD") IN 2023. THE CONTRACT PERIOD BEGAN ON JANUARY 1, 2023, AND ENDS ON DECEMBER 31, 2027, WITH TOTAL GRANT FUNDING OF $1,250,000 FROM ESD. THIS IS MATCHED BY FUNDING OF $250,000 FROM ALI AND $1,050,000 FROM THE GRANT CO-APPLICANTS, WHICH INCLUDE THE LONG ISLAND HIGH TECHNOLOGY INCUBATOR, THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, HOFSTRA UNIVERSITY, NEW YORK INSTIUTE OF TECHNOLOGY, AND BROAD HOLLOW BIOSCIENCE PARK. THE PURPOSE OF LIIHS IS TO ADMINISTER A NYS TAX INCENTIVE AND PROFESSIONAL SERVICES REIMBURSEMENT PROGRAM FOR EARLY-STAGE COMPANIES TO HELP THEM GROW. ALI CONNECTS EARLY-STAGE COMPANIES WITH INCUBATOR SPACE THROUGHOUT ITS NETWORK, COORDINATES WORKSHOPS AND EVENTS ACROSS LONG ISLAND, COLLABORATES WITH THE HOT SPOT ADVISORY BOARD, AND MANAGES A CENTRALIZED PROFESSIONAL SERVICE SUPPORT PROGRAM. 0 1 0 1 0 0 0 0 0 0 0 0 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 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 NY X MICHELLE BYRNE 6134933000 300 BROADHOLLOW ROAD SUITE 110W MELVILLE NY 11747 LEO GUTHART DIRECTOR 1.00 X 0 0 0 CHARLES M STRAIN DIRECTOR 1.00 X 0 0 0 NANCY RAUCH-DOUZINAS DIRECTOR EMERITUS 1.00 X 0 0 0 BRUCE STILLMAN DIRECTOR 1.00 X 0 0 0 DAVID CALONE DIRECTOR 1.00 X 0 0 0 STEVE WINICK DIRECTOR 1.00 X 0 0 0 STACEY SIKES CHAIRWOMAN 1.00 X 0 0 0 ALON KAPEN DIRECTOR 1.00 X 0 0 0 JERRY WARD TREASURER 1.00 X 0 0 0 HANK FOLEY DIRECTOR 1.00 X 0 0 0 JOANNE HEWETT DIRECTOR 1.00 X 0 0 0 SUSAN POSER DIRECTOR 1.00 X 0 0 0 MICHAEL DOWLING DIRECTOR 1.00 X 0 0 0 MATTHEW COHEN DIRECTOR 1.00 X 0 0 0 RICHARD MCCORMICK DIRECTOR 1.00 X 0 0 0 DANIEL LLOYD PROGRAM DIRECTOR 10.00 20.00 X 0 0 0 0 0 0 0 0 0 0 0 142945 142945 MEMBERSHIP DUES 900099 90000 90000 CONTRIBUTED RENT 900099 10000 10000 100000 338 338 243283 100338 0 0 X 77059 15000 76500 7836 9775 5000 17235 4767 OTHER OPERATING EXPENSE 16626 229798 104069 118276 1034 1034 83944 138478 1568 8072 759528 691703 950143 957563 41034 34969 41034 34969 X 908075 921560 1034 1034 909109 922594 950143 957563 13485 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 90000 0 INTERCOMPANY RECEIVABLE 691703 691703 FORM 990, PART VI, SECTION A, LINE 6 ACCELERATE LONG ISLAND IS A MEMBERSHIP CORPORATION COMPRISED OF THE FOLLOWING MEMBERS; BROOKHAVEN NATIONAL LABORATORY, COLD SPRING HARBOR LABORATORY, HOFSTRA UNIVERSITY, LONG ISLAND ASSOCIATION, NORTHWELL HEALTH, STONY BROOK UNIVERSITY, AND NY INSTITUTE OF TECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS ENTITLED TO REPRESENTATION OF ACCELERATE'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SPECIFIC BOARD ACTIONS REQUIRE APPROVAL OF THE MEMBERS, SPECIFICALLY 1) ANY AMENDMENT OF, OR CHANGE TO, THE CERTIFICATION OF INCORPORATION, 2) DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF ACCELERATE'S ASSETS, 3) PLANS OF MERGER OR CONSOLIDATION OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY A TOP NATIONAL ACCOUNTING FIRM IN CONJUNTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT AND WAS PROVIDED TO THE MANAGING DIRECTOR, TREASURER, AND BOARD CHAIRPERSON FOR REVIEW/APPROVAL. THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ACCELERATE LONG ISLAND ("ALI") HAS A CONFLICT OF INTEREST POLICY IN PLACE THAT GOVERNS THE ACTIVITIES OF ITS OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEES IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT, BOARD SERVICE, OR POSITION WITH ALI. THESE DISCLOSURES ARE REVIEWED TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ALI IS NOT AWARE OF ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15B THE ALI BOARD APPROVES THE COMPENSATION OF THE MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALI MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G HOT SPOT CONSULTING FEES 76,500. ACCELERATE LONG ISLAND FOUNDATION 300 BROADHOLLOW ROAD MELVILLE NY 11747 463868714 FUNDRAISING NY 501(C)(3) LINE 11 ALI 0 ANYITC FUND CORP 300 BROADHOLLOW ROAD MELVILLE NY 11747 814138849 INVESTMENT NY ALI C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0