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Filing year 2024

CAPITALIZE ALBANY CORPORATION

Albany, New York·EIN 22-2353905·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.2M
Total assets
$25M
Total expenses
$1.8M
Reported officers
15
Mission

THE MISSION OF CAPITALIZE ALBANY CORPORATION IS TO FACILITATE STRATEGIC ECONOMIC DEVELOPMENT AND STIMULATE TRANSFORMATIVE INVESTMENT THROUGHOUT THE CITY OF ALBANY, MAKING NEW YORK'S CAPITAL A VIBRANT PLACE TO THRIVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.

President
75th to 90th percentile
$244k
$263k
Base
$190k
Bonus
Other
Benefits
$33k
Director Real Estate Development
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$141k
$152k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CAPITALIZE ALBANY CORPORATION equaled 14% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
14%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 3%
from 2023

From $252k in 2023 to $244k in 2024.

$252k
2023
$244k
2024
In today's dollarsEst.
Down 6% in real terms$281k to $263k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue fell 16%.

$252k in 2023 to $244k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CAPITALIZE ALBANY CORPORATION

What does the Chief Executive Officer of CAPITALIZE ALBANY CORPORATION earn?

In 2024, the Chief Executive Officer of CAPITALIZE ALBANY CORPORATION received $243,734 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CAPITALIZE ALBANY CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Chief Executive Officer at CAPITALIZE ALBANY CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at CAPITALIZE ALBANY CORPORATION equaled 14% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CAPITALIZE ALBANY CORPORATION's revenue and expenses?

In 2024, CAPITALIZE ALBANY CORPORATION reported $3.2M in total revenue and $1.8M in total expenses on its IRS Form 990.

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