Nonprofit · EIN 47-4159612
CAPITAL REGION CHAMBER OF COMMERCE INC
Tax-exempt · ALBANY, NY 12205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,315,932 | $5,366,792 | $949,140 | $17,597,884 | $2,842,544 | $14,755,340 |
| December 31, 2023 | 990 | $6,347,628 | $5,345,455 | $1,002,173 | $16,410,101 | $2,937,108 | $13,472,993 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,782,869
- Program service revenue
- $2,934,451
- Investment income
- $362,902
- Net gain from sales of assets
- $46,182
- Other revenue
- $235,710
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $3,082,260
- Salaries, compensation and benefits (total)
- $3,762,208
- Professional fundraising fees
- $0
- Legal fees
- $25,689
- Accounting fees
- $53,046
- Occupancy
- $368,097
- Travel
- $10,422
- Depreciation
- $24,264
Balance sheet and other
- Total assets, start of year
- $16,410,101
- Total assets, end of year
- $17,597,884
- Total liabilities, end of year
- $2,842,544
- Net assets, end of year
- $14,755,340
- Land, buildings and equipment
- $79,167
- Publicly traded securities
- $4,897,628
- Net assets without donor restrictions
- $6,549,535
- Net assets with donor restrictions
- $8,205,805
- Gross receipts
- $6,548,570
- Employees
- 38
- Volunteers
- 137
- Year formed
- 2015
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK N EAGAN | PRESIDENT & CEO Officer | 27 | $262,240 | $174,828 | $85,598 |
| CHRISTINE A HOLLE | VP, FINANCE & OPERATIONS Officer | 17 | $49,888 | $88,689 | $11,907 |
| PETER P BARDUNIAS | SENIOR VP, MEMBERSHIP & CO Highest-paid employee | 39 | $118,878 | $3,677 | $10,725 |
| THOMAS J O'CONNOR | VP, GOVERNMENT AFFAIRS Highest-paid employee | 36 | $105,141 | $11,682 | $10,284 |
| DAWN ABBUHL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VIKASH AGRAWAL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA AVILA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN D BENNETT MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY CARNEVALE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KAREN CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KRISTA CARROLL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUJATA CHAUDHRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTONIO CIVITELLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SAMUEL CONZONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMINE DECRESCENTE III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
35 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER DOWD | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL FERLUGE | DIRECTOR Trustee or director | 1 | $0 |
| TRENT GRIFFIN-BRAAF | DIRECTOR Trustee or director | 1 | $0 |
| DAVID HANNOUSH | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY HAYES | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS HOFFMAN | DIRECTOR Trustee or director | 1 | $0 |
| DARRIN JAHNEL | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| ERIC LACOPPOLA | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER LAWRENCE | DIRECTOR Trustee or director | 1 | $0 |
| GUY MADDALONE | DIRECTOR Trustee or director | 1 | $0 |
| DARIA MALLIN | DIRECTOR Trustee or director | 1 | $0 |
| DENNIS MCKENNA MD | DIRECTOR Trustee or director | 1 | $0 |
| SABRINA MOSSEAU | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN OBERMAYER | DIRECTOR Trustee or director | 1 | $0 |
| FRANCES O'ROURKE | DIRECTOR Trustee or director | 1 | $0 |
| JAIME ORTIZ | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER A PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN QUILLINAN | DIRECTOR Trustee or director | 1 | $0 |
| JOHN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| L OLIVER ROBINSON PHD | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN SANO | DIRECTOR Trustee or director | 1 | $0 |
| PRADIP SINGH | DIRECTOR Trustee or director | 1 | $0 |
| DEAN SKARLIS PHD | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS SPRARAGEN | DIRECTOR Trustee or director | 1 | $0 |
| WALTER THORNE | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE WILDGRUBE | DIRECTOR Trustee or director | 1 | $0 |
| STEFANIE WILEY | DIRECTOR Trustee or director | 1 | $0 |
| MARIE ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROGER RAMSAMMY PHD | CHAIR Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER CANNUCCIARI | TREASURER Trustee or director, Officer | 1 | $0 |
| DAVID R HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| DAVID DEMARCO | CHAIR-ELECT Trustee or director, Officer | 1 | $0 |
| ANDREA CRISAFULLI | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| STUART F KLEIN | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 50 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK N EAGAN | PRESIDENT & CEO Officer | 26 | $245,354 | $179,297 | $76,587 |
| CHRISTINE A HOLLE | VP, FINANCE & OPERATIONS Officer | 17 | $50,177 | $82,645 | $11,813 |
| PETER P BARDUNIAS | SENIOR VP, MEMBERSHIP & COMMUNITY ADVANCEMENT Highest-paid employee | 38 | $114,136 | $6,007 | $10,515 |
| THOMAS J O'CONNOR | VP, GOVERNMENT AFFAIRS Highest-paid employee | 36 | $101,046 | $11,227 | $9,893 |
| DAWN ABBUHL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VIKASH AGRAWAL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAIMUNDO C ARCHIBOLD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA AVILA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANGELA BEDDOE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN D BENNETT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETER BENYON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH BESHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY CARNEVALE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KAREN CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUJATA CHAUDHRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTONIO CIVITELLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SAMUEL CONZONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMINE DECRESCENTE III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID DEMARCO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER DOWD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TRENT GRIFFIN-BRAAF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID HANNOUSH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD HENDRICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS HOFFMAN JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DARRIN JAHNEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNA KUWABARA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC LACOPPOLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER LAWRENCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIRK LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GUY MADDALONE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RUTH H MAHONEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DARIA MALLIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DENNIS MCKENNA MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SABRINA MOSSEAU | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN OBERMAYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANCES O'ROURKE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAIME ORTIZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HEATHER PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| L OLIVER ROBINSON PHD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEAN SKARLIS PHD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WALTER THORNE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE WILDGRUBE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL YORK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDREA CRISAFULLI | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTOPHER CANNUCCIARI | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID R HARRIS PHD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROGER RAMSAMMY | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFFREY BUELL | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STUART F KLEIN | GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5 COMPUTER DR S, ALBANY, NY 12205-1608
- Principal officer (990 for 2024)
- MARK N EAGAN, 5 COMPUTER DR S, ALBANY, NY 12205
- Signed the 990
- MARK N EAGAN, PRESIDENT & CEO
- Phone
- (518) 431-1416
- Website
- CAPITALREGIONCHAMBER.COM
- Return prepared by
- UHY ADVISORS NORTHEAST INC
Mission
THE MISSION OF THE CAPITAL REGION CHAMBER OF COMMERCE, INC. IS TO BE A UNIFYING FORCE FOR PROGRESS, LEADING OPPORTUNITIES FOR BUSINESSES TO SUCCEED, AND FOR PEOPLE AND OUR COMMUNITITES TO PROSPER.
Program accomplishments
- MEMBER SERVICES - SERVE THE DIVERSE INTERESTS OF MEMBER BUSINESSES BY PROVIDING RELEVANT PROGRAMS, SERVICES AND BENEFITS.Expenses $1,350,406 · revenue $2,598,307
- PEOPLE/WORKFORCE DEVELOPMENT - SUPPORT BUSINESSES TO ATTRACT AND DEVELOP THEIR HUMAN CAPITAL; THIS INCLUDES EDUCAITON/WORKFORCE DEVELOPMENT, DIVERSITY AND INCLUSION, YOUNG PROFESSIONALS NETWORL, AND LEADERSHIP CAPITAL REGION.Expenses $206,186 · revenue $211,979
- BUSINESS GROWTH - PROVIDE RESOURCES TO FUEL GROWTH INCLUDING TECHNICAL ASSISTANCE, LOAN PROGRAMS AND ENTREPRENEURIAL START-UP SUPPORT.Expenses $294,204 · revenue $84,905
- ADVOCACY - PROVIDE LEADERSHIP AND A UNITED VOICE TO ASSERTIVELY ADVODATE ON ISSUES, POLICIES AND PROJECTS THAT WILL IMPROVE THE BUSINESS CLIMATE AND ENHANCE THE COMPETITIVENESS AND ECONOMIC VITALITY OF THE REGION.Expenses $244,425 · revenue $40,760
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4159612
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $17,597,884
- Income (IRS master file)
- $6,548,570
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,315,932 | $5,366,792 | $17,597,884 | XML |
| 990 | December 2023 | $6,347,628 | $5,345,455 | $16,410,101 | XML |
| 990 | December 2022 | $6,222,232 | $5,339,279 | $15,002,157 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4159612).
Questions about CAPITAL REGION CHAMBER OF COMMERCE INC
- What is the EIN of CAPITAL REGION CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of CAPITAL REGION CHAMBER OF COMMERCE INC is 47-4159612.
- Is CAPITAL REGION CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2015.
- Are donations to CAPITAL REGION CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPITAL REGION CHAMBER OF COMMERCE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPITAL REGION CHAMBER OF COMMERCE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITAL REGION CHAMBER OF COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CAPITAL REGION CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 names MARK N EAGAN.
- Who are the officers and directors of CAPITAL REGION CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 50 people; 4 received compensation from the organization, the highest $262,240 (MARK N EAGAN, PRESIDENT & CEO).
- How much revenue does CAPITAL REGION CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,315,932, expenses of $5,366,792 and total assets of $17,597,884 at year end.
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