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University At Albany Bioscience Development Corporation

  • Albany, NY
  • Tax-exempt since June 2010
  • EIN: 36-4619281

Organization summary

Type of Nonprofit

Designated as a Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$6.73M (2023)

Expenses
$8.11M (2023)

Total Assets
$40.7M (2023)

Total Liabilities
$1.88M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,725,412
Expenses
$8,113,665
Net Income
-$1,388,253
Net Assets
$38,820,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $230,741
3.4%
Program Services $6,363,577
94.6%
Investment Income $121,768
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,326
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,703,048
Total Liabilities $1,882,892
Net Assets $38,820,156
Compensation
Key Employees and Officers Compensation Related Other
Fardin Sanai (Secretary) $0 $14,846 $0
Edward Swyer (President) $0 $0 $0
George Hearst (Vice President) $0 $0 $0
Jeffrey Black (Treaurer) $0 $0 $0
Todd Foreman (Director) $0 $0 $0
Amy Knapp (Director) $0 $0 $0
Havidan Rodriguez (Director) $0 $0 $0
Brian Straughter (Director) $0 $0 $0
Richard Mcginn Jr (Executive Director) $0 $224,993 $24,368
+ View more people

Document Links

990
Filed on May 9, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,929,199
Expenses
$7,892,296
Net Income
-$963,097
Net Assets
$40,208,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $214,406
3.1%
Program Services $6,705,402
96.8%
Investment Income $4,641
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,750
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42,695,230
Total Liabilities $2,486,821
Net Assets $40,208,409
Compensation
Key Employees and Officers Compensation Related Other
Richard Mcginn Jr (Executive Di) $0 $213,585 $22,392
Fardin Sanai (Secretary) $0 $11,794 $0
Edward Swyer (President) $0 $0 $0
George Hearst Iii (Vice Preside) $0 $0 $0
Jeffrey Black (Treasurer) $0 $0 $0
Havidan Rodriguez (Director) $0 $0 $0
Todd Foreman (Director) $0 $0 $0
Amy Knapp (Director) $0 $0 $0
Brian Straughter (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,817,426
Expenses
$8,234,062
Net Income
-$416,636
Net Assets
$41,171,506
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,038,082
13.3%
Program Services $6,772,620
86.6%
Investment Income $6,724
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,515,468
Total Liabilities $3,343,962
Net Assets $41,171,506
Compensation
Key Employees and Officers Compensation Related Other
Richard Mcginn Jr (Executive Di) $0 $200,521 $21,788
Fardin Sanai (Secretary) $0 $11,702 $0
Edward Swyer (President) $0 $0 $0
George Hearst Iii (Vice Preside) $0 $0 $0
Jeffrey Black (Treasurer) $0 $0 $0
Havidan Rodriguez (Director) $0 $0 $0
Todd Foreman (Director) $0 $0 $0
Amy Knapp (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,406,957
Expenses
$7,781,104
Net Income
-$374,147
Net Assets
$41,588,142
Notable Sources of Revenue Percent of Total Revenue
Contributions $977,216
13.2%
Program Services $6,329,276
85.5%
Investment Income $85,465
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,000
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,986,133
Total Liabilities $3,397,991
Net Assets $41,588,142

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,944,395
Expenses
$8,099,981
Net Income
-$1,155,586
Net Assets
$41,962,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $496,487
7.1%
Program Services $6,350,909
91.5%
Investment Income $96,999
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,244,915
Total Liabilities $3,282,626
Net Assets $41,962,289

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,183,900
Expenses
$8,047,546
Net Income
-$1,863,646
Net Assets
$43,117,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,122,190
99.0%
Investment Income $61,710
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,631,589
Total Liabilities $3,513,714
Net Assets $43,117,875

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,813,685
Expenses
$8,371,175
Net Income
-$1,557,490
Net Assets
$44,981,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $92,746
1.4%
Program Services $6,561,401
96.3%
Investment Income $30,109
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $129,429
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,428,309
Total Liabilities $3,446,788
Net Assets $44,981,521

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,756,922
Expenses
$8,428,276
Net Income
-$1,671,354
Net Assets
$46,539,011
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,596,355
97.6%
Investment Income $33,419
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$38,629
Net Inventory Sales $0
Other Revenue $165,777
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,932,504
Total Liabilities $3,393,493
Net Assets $46,539,011

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,223,580
Expenses
$9,349,857
Net Income
-$2,126,277
Net Assets
$48,203,954
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,174,124
99.3%
Investment Income $4,849
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,607
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $51,702,161
Total Liabilities $3,498,207
Net Assets $48,203,954

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,144,146
Expenses
$8,716,480
Net Income
-$1,572,334
Net Assets
$50,333,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $144,841
2.0%
Program Services $7,128,908
99.8%
Investment Income $5,239
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$135,251
Net Inventory Sales $0
Other Revenue $409
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,133,227
Total Liabilities $1,799,618
Net Assets $50,333,609

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,735,338
Expenses
$8,199,015
Net Income
-$1,463,677
Net Assets
$51,905,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,571,466
97.6%
Investment Income $3,754
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $160,118
2.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,731,806
Total Liabilities $1,825,863
Net Assets $51,905,943

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,723,873
Expenses
$1,886,478
Net Income
-$162,605
Net Assets
$53,369,620
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,698,291
98.5%
Investment Income $25,582
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,799,748
Total Liabilities $1,430,128
Net Assets $53,369,620

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,067
Expenses
$7,428
Net Income
$57,639
Net Assets
$10,637,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $65,067
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,637,791
Total Liabilities $0
Net Assets $10,637,791

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated