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FUZEHUB INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FUZEHUB INC (EIN 46-3122950)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349315246
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T14:39:47-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161092347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MENGEL METZGER BARR & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111 BRITISH AMERICAN BLVDAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463122950EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUZEHUB INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUZEBusinessNameControlTxt
Phone5187687030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 MONROE STREET 201AddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEVIN O'LEARYPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5187687030PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHEATHER D PATTEN CPAPreparerPersonNm
PTINP00966838PTIN
Phone5187850134PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerELENA GARUCPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 MONROE STREET 201AddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12210ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,835,529GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.FUZEHUB.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionFUZEHUB WORKS TO BETTER CONNECT NEW YORK'S SMALL AND MID-SIZED MANUFACTURING COMPANIES TO THE RESOURCES, PROGRAMS AND EXPERTISE THEY NEED FOR TECHNOLOGY COMMERCIALIZATION, INNOVATIVE SOLUTIONS AND BUSINESS GROWTH.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,018,867PYContributionsGrantsAmt
CY Contributions Grants$4,309,635CYContributionsGrantsAmt
PY Program Service Revenue$450,901PYProgramServiceRevenueAmt
CY Program Service Revenue$460,556CYProgramServiceRevenueAmt
PY Investment Income$31,081PYInvestmentIncomeAmt
CY Investment Income$65,338CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,500,849PYTotalRevenueAmt
CY Total Revenue$4,835,529CYTotalRevenueAmt
PY Grants And Similar Paid$1,740,506PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,683,503CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$843,007PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$915,202CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,416,060PYOtherExpensesAmt
CY Other Expenses$1,819,414CYOtherExpensesAmt
PY Total Expenses$3,999,573PYTotalExpensesAmt
CY Total Expenses$4,418,119CYTotalExpensesAmt
PY Revenues Less Expenses$501,276PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$417,410CYRevenuesLessExpensesAmt
Total Assets BOY$3,958,719TotalAssetsBOYAmt
Total Assets EOY$4,289,665TotalAssetsEOYAmt
Total Liabilities BOY$355,411TotalLiabilitiesBOYAmt
Total Liabilities EOY$268,947TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,603,308NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,020,718NetAssetsOrFundBalancesEOYAmt
MissionFUZEHUB WORKS TO BETTER CONNECT NEW YORK'S SMALL AND MID-SIZED MANUFACTURING COMPANIES TO THE RESOURCES, PROGRAMS AND EXPERTISE THEY NEED FOR TECHNOLOGY COMMERCIALIZATION, INNOVATIVE SOLUTIONS AND BUSINESS GROWTH.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,911,395ExpenseAmt
Grant$1,683,503GrantAmt
Revenue$460,556RevenueAmt
DescFUZEHUB UNITES AND INTEGRATES A BROAD NETWORK OF MULTI-DISCIPLINARY PUBLIC AND PRIVATE SECTOR TECHNOLOGY, INDUSTRY AND COMMERCIALIZATION SERVICES, EXPERTS AND PARTNERS.Desc
Total Program Service Expenses$3,911,395TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document81IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ELENA GARUCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5187687030PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 MONROE STREET 201AddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12210ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
RYAN SILVA
BOARD MEMBER1.00Yes (X)$0$0$0
LLOYD PLOOF
BOARD MEMBER1.00Yes (X)$0$0$0
SANTOKH BADESHA
BOARD MEMBER1.00Yes (X)$0$0$0
KEVIN O'LEARY
TREASURER1.00Yes (X)$0$0$0Yes (X)
FATIN HADDAD
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ELENA GARUC
EXECUTIVE DIRECTOR40.00$175,179$0$22,016Yes (X)
ERIC FASSER
SOLUTIONS PROGRAM MANAGER40.00$114,217$0$4,403Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$289,396TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$26,419TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LATHAM GROUP CONSULTINGBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1649AddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
ServicesCONSULTINGServicesDesc
Compensation$312,562CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$4,309,635GovernmentGrantsAmt
Total Contributions$4,309,635TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROJECT AND EVENT REVEDesc
Business541519BusinessCd
Total Revenue Column$460,556TotalRevenueColumnAmt
Related Or Exempt Func Income$460,556RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$460,556TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,338TotalRevenueColumnAmt
Exclusion$65,338ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,835,529TotalRevenueColumnAmt
Related Or Exempt Func Income$460,556RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$65,338ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,683,503TotalAmt
Program Services$1,683,503ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$197,195TotalAmt
Program Services$197,195ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$589,617TotalAmt
Program Services$589,617ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$20,997TotalAmt
Program Services$20,997ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$47,619TotalAmt
Program Services$47,619ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$59,774TotalAmt
Program Services$59,774ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$34,212TotalAmt
Management And General$34,212ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$52,762TotalAmt
Management And General$52,762ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,030TotalAmt
Management And General$11,030ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$224,262TotalAmt
Management And General$224,262ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,857TotalAmt
Management And General$39,857ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,850TotalAmt
Management And General$5,850ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$48,085TotalAmt
Management And General$48,085ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$40,100TotalAmt
Program Services$7,268ProgramServicesAmt
Management And General$32,832ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$302,724TotalAmt
Program Services$302,724ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$23,839TotalAmt
Program Services$23,839ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,645TotalAmt
Management And General$9,645ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUBCONTRACTORS/CONSULAN$938,722$938,722
DUES AND SUBSCRIPTIONS$39,393$39,393
TECHNOLOGY$38,322$38,322
MISCELLANEOUS$8,796$8,796

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,815TotalAmt
Program Services$1,815ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,418,119TotalAmt
Program Services$3,911,395ProgramServicesAmt
Management And General$506,724ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$752,626BOYAmt
EOY$604,530EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,431,081BOYAmt
EOY$2,811,419EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,552,587BOYAmt
EOY$713,873EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,720BOYAmt
EOY$31,557EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$24,750BOYAmt
EOY$31,490EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$155,412LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$97,338LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$71,194BOYAmt
EOY$58,074EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$77,761BOYAmt
EOY$38,722EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,958,719BOYAmt
EOY$4,289,665EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$281,393BOYAmt
EOY$230,225EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,018BOYAmt
EOY$38,722EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$355,411BOYAmt
EOY$268,947EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,330,027BOYAmt
EOY$1,617,425EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,273,281BOYAmt
EOY$2,403,293EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,603,308BOYAmt
EOY$4,020,718EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,958,719BOYAmt
EOY$4,289,665EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$417,410ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$155,412OtherCostOrOtherBasisAmt
Depreciation$97,338DepreciationAmt
Book Value$58,074BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$58,074TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$38,722Amt
FieldValueIRS element (for citing)
Total Liability$38,722TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,835,529TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,835,529RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,835,529TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,418,119TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,418,119ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,418,119TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). TAX POSITIONS ARE EVALUATED AND RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. THE ORGANIZATION FOLLOWS THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. AS OF DECEMBER 31, 2024, THE ORGANIZATION BELIEVES THAT THEY HAVE APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (45 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2TxtIRC SectionIRCSectionDesc
AHA SOLUTIONS
3 JULIA CIRCLEMECHANICVILLENY12118842473952$33,913$0INNOVATION AWARD
AM&T
5 SOUTH COLLEGE DRSUITE 104BINGHAMTONNY13905161340290$20,000$0INNOVATION AWARD
ANDIEM
856 WASHINGTON AVEAPT 11BBROOKLYNNY11238873905802$40,000$0INNOVATION AWARD
ASHLAWN ENERGY
13881 NAPA DRMANASSASVA20112264369325$40,000$0INNOVATION AWARD
BINGHAMTON UNIVERSITY
4400 VESTAL PARKWAY EASTBINGHAMTONNY13902141368361$79,311$0INNOVATION AWARD
CARAPACE ANALYTICS
841 E FAYETTE STSYRACUSENY13210861366902$30,924$0INNOVATION AWARD
CENTER FOR ECONOMIC GROWTH
41 STATE STREET SUITE 705ALBANYNY12207222880333$10,000$0INNOVATION AWARD
CENTRAL NEW YORK TECH
445 ELECTRONICS PKWY - SUITE 102LIVERPOOLNY13088161339956$115,000$0INNOVATION AWARD
CITEC (STRUCTURAL BIOCOMPOSITES)
POI BOX 5561POTSDAMNY13699133673737$41,002$0INNOVATION AWARD
CNY BIOTECH (RESEARCH FOUNDATION STATE UNIV NY)
750 E ADAMS ST CAB-209ATTN LORISYRACUSENY13210141368361$25,201$0INNOVATION AWARDGERO
CORNELL UNIVERSITY
ATTN SPONSORED SERVICES P O BOX 22ITHACANY148510022150532082$97,315$0INNOVATION AWARD
CTR ARCHITECTUREAIANY
536 LAGUARDIA PLACENEW YORKNY10012223047700$10,044$0INNOVATION AWARD501(C)(3)
DOWNSTATE TECH CTR
760 PARKSIDE AVE ROOM 105BROOKLYNNY11226113600385$67,859$0INNOVATION AWARD
DT RESCUE SOLUTIONS LLC
3901 LEWIS RD 118BALLSTON SPANY12020993838530$10,000$0INNOVATION AWARD
DUB BIOLOGICS
841 EAST FAYETTE STEAST SYRACUSENY13210881028294$25,000$0INNOVATION AWARD
ECONOMIC DEVEL GROWTH ENTERPRISE
584 PHOENIX DRIVEROMENY13441160874637$11,318$0INNOVATION AWARD
EPIC AIRWAY SYSTEMS
1067 LAMPLIGHTER RDSCHENECTADYNY12309871343144$30,000$0INNOVATION AWARD
ERGAMI ENDOSCOPY
56 2ND AVE STE 38BROOKLYNNY11215920433940$20,000$0INNOVATION AWARD
EUTROBAC
900 WEST END AVE 5BNEW YORKNY10025994454694$20,000$0INNOVATION AWARD
FABBRO INDUSTRIES
129 SCHOOL RD BLDG BVOORHEESVILLENY12186462948704$6,500$0INNOVATION AWARD
FARM TO FLAME ENERGY
30 SOUTH LINDEN STREETDUQUESNEPA15110831027442$15,000$0INNOVATION AWARD
ICAHN SCHOOL OF MEDICINE AT MT SINAI
1 GUSTAVE L LEVY PLACE BOX 3500NEW YORKNY100296574136171197$6,956$0INNOVATION AWARD
ISOGUARDIAN
279 CENTRAL AVEALBANYNY12206932829800$20,000$0INNOVATION AWARD
ITAC (NYC INDUSTRIAL & TECH)(COHESIVE ROBOTICS)
500 7TH AVE 8TH FLNEW YORKNY10018133410779$58,453$0INNOVATION AWARD
IV WEDGE LLC BRENDAN LAING
36 EWELL STREETBABYLONNY11704862492423$7,002$0INNOVATION AWARD
MANUF&TECH ENTERPRISE CTR (MTEC) HUDSON VALLEY TECH CTR (KEGR)
1 SCOBIE DRIVENEWBURGHNY12550141698513$40,000$0INNOVATION AWARD
MOHAWK MACHINE WORKS
7 VAN DYKE AVEAMSTERDAMNY12010452036368$12,787$0INNOVATION AWARD
MOHAWK VALLEY COMMUNITY COLLEGE DBA ADVANCED INSTITUTE FOR MANUF (AIM)
1101 SHERMAN DRIVEUTICANY13501161020948$20,000$0INNOVATION AWARD
NEXTCORPS (PROLIVIO)
260 E MAIN ST SUITE 6000ROCHESTERNY14604161195028$30,000$0INNOVATION AWARD
OPAL WEARABLES
NEWLAB - OPAL 19 MORRIS AVEBROOKLYNNY11205873636536$20,000$0INNOVATION AWARDBROOKLYN NAVY YARD BLDG 128
PEDICURE INC (DBA SOULO)
150 MYRTLE AVE APT 504BROOKLYNNY11201844982573$20,000$0INNOVATION AWARD
PHOTONECT INTERCONNECT SOLUTIONS
280 RHINECLIFF DRROCHESTERNY14618872584734$33,035$0INNOVATION AWARD
POLYTECHNIC INSTITUTE (RESEARCH FOUNDATION STATE UNIV NY)(LUXSEMICONDUCTORS
PO BOX 9ALBANYNY122010009141368361$25,308$0INNOVATION AWARD
RENSSELAER POLYTECHNIC INSTITUTE
110 8TH ST ROOM 311 4TH FLOORTROYNY122220009141340095$29,066$0INNOVATION AWARD
RESEARCH FOUNDATION OF CITY UNIVERSITY NY
ATTN NICHOLAS JONES 230 WEST 41STNEW YORKNY10036131988190$8,270$0INNOVATION AWARDSTREET 7TH FLOOR
RETRN BIOWORKS
1029 LANCASTER AVESYRACUSENY13210921313846$35,250$0INNOVATION AWARD
RHM INNOVATIONS
260 EAST MAIN ST SUITE 6108ROCHESTERNY14604883657511$20,000$0INNOVATION AWARD
ROCHESTER INSTITUTE OF TECHNOLOGY
25 LOMB MEMORIAL DRIVEROCHESTERNY146235603160743140$72,406$0INNOVATION AWARD
SOUTH TIER HIGH TECH INCUBATOR
PO BOX 6005 BUF ACCTG SVS OO G042BINGHAMTONNY139026005800821308$60,000$0INNOVATION AWARD
STONY BROOK UNIV (RESEARCH FOUNDATION STATE UNIV NY)
PO BOX 9/CASH RECEIPTS DEPTALBANYNY122010009141368361$38,334$0INNOVATION AWARD
SUNY COLLEGE MEDICINE (RESEARCH FOUNDATION STATE UNIV NY)
750 E ADAMS ST CAB 209 ATTNSYRACUSENY132102306141368361$45,000$0INNOVATION AWARDACCOUNTING
TECH VALLEY CTR GRAVITY (UNCAGED INNOVATIONS)
30 3RD STREETTROYNY12180900922584$61,313$0INNOVATION AWARD
UNIVERSITY OF ALBANY (RESEARCH FOUNDATION STATE UNIV NY)
TREASURERS OFFICE PO BOX 9ALBANYNY122220009141368361$78,930$0INNOVATION AWARD
UNIVERSITY OF BUFFALO
PO BOX 9ALBANYNY122010009141368361$93,214$0INNOVATION AWARD
UNIVERSITY OF ROCHESTER
BROOKS LANDING CENTER ATTN LISAROCHESTERNY146113847160743209$87,840$0INNOVATION AWARDJULIAN 910 GENESEE STREET SUITE 200

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationA LIST OF ALL RECIPIENTS AND THEIR APPLICATIONS ARE MAINTAINED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonELENA GARUCPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$175,179BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$7,216DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$14,800NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$197,195TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BN/A
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE PRESIDENT AND A BOARD MEMBER PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGE IN PROCEDURE FROM PRIOR YEAR.