New York · Nonprofit
CEG OF THE CAPITAL REGION
CEG OF THE CAPITAL REGION (New York) receives grants from 1 organization whose IRS filings report $2,500 to it, the largest being BBL CHARITABLE FOUNDATION ($2,500). 0 of them have funded it in more than one year.
- Revenue FY2024
- $1.6M
- Funders on record
- 1
- Grants received
- $3k
- Net assets
- $815k
What Ceg of the Capital Region does
Mission
Accelerate economic opportunity in albany/ny's capital region by developing and implementing strategies to attract, expand, and create businesses and jobs, and provide catalytic leadership, working with partners and stakeholders to shape a vibrant, thriving future.
As stated on its FY2024 Form 990.
Programs
Business growth/industry - ceg develops strategies and markets the competitive assets of the capital region to targeted domestic and international business in high growth sectors that correspond to the region's industry clusters. The organization's attraction strategy includes attendance at industry specific events and trade shows, direct outreach and meetings with decision makers, and digital marketing. Ceg works with prospective expansion and relocation clients by identifying appropriate sites, developing proposals and responses to information, providing economic data, coordinating resources such as incentives and workforce development needs. Work is done in partnership with empire state development, local municipalities, and other local economic development agencies.
$934,770 spent$160,355 earned by the program83% of program spendingTalent development/talent attraction - ceg has a dedicated talent attraction strategy to help grow its workforce by marketing the region digitally to target areas, certain demographic populations, and/or within target industries. Furthermore, ceg works to retain the region's graduating college students and interns.
$62,980 spent$42,870 earned by the program6% of program spendingCeg activity secures support from investors in business, government, education, and non-profit sectors who are committed to sustainable economic growth and prosperity.
$128,049 spent$102,162 earned by the program11% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,125,799.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.1M to $955k (−55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 3% · 2020 1% · 2021 7%. Grants only. Government contracts and fees sit inside program revenue.
78% of CEG OF THE CAPITAL REGION’s revenue is contributions — more reliant on donations than three-quarters of its peers (0% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mark N Eagan
President & CEO
Board chair
Stephen Obermayer
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of CEG OF THE CAPITAL REGION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of CEG OF THE CAPITAL REGION's grant income comes from New York funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CEG OF THE CAPITAL REGION runs a healthier operating margin than half of the 864 membership benefit nonprofits its size.
this organization peer median middle 50% of peers· 864 membership benefit nonprofits $1M–$10M, FY2024
Organizations like CEG OF THE CAPITAL REGION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 2 related entities
- Center for Economic Growth · exempt
- Capital Region Chamber Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CEG OF THE CAPITAL REGION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CEG OF THE CAPITAL REGION?
- CEG OF THE CAPITAL REGION (New York) receives grants from 1 organization whose IRS filings report $2,500 to it, the largest being BBL CHARITABLE FOUNDATION ($2,500). 0 of them have funded it in more than one year.
- How many funders does CEG OF THE CAPITAL REGION have?
- IRS filings report 1 organization giving $2,500 in grants to CEG OF THE CAPITAL REGION.
- Who is the largest funder of CEG OF THE CAPITAL REGION?
- BBL CHARITABLE FOUNDATION is the largest funder on record, with $2,500 in grants. The full list of funders is on this page.
- How can an organization like CEG OF THE CAPITAL REGION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Ceg of the Capital Region →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing