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Filing year 2024

CEG OF THE CAPITAL REGION

Albany, New York·EIN 82-2369976·NTEE Y03 · Mutual & Membership Benefit·501(c)(6)
Total revenue
$1.6M
Total assets
$1.5M
Total expenses
$1.2M
Reported officers
8
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Senoir Vice President
Board Vice President
75th to 90th percentile
$178k
$192k
Base
$153k
Bonus
Other
Benefits
$11k
President & CEO
Median to 75th percentile
$151k
$163k
Base
$60k
Bonus
$6k
Other
Benefits
$9k
Vp, Finance & Operations
Vice President
Median to 75th percentile
$24k
$26k
Base
$12k
Bonus
Other
Benefits
$142

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 5 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CEG OF THE CAPITAL REGION equaled 15% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
15%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 7%
from 2023

From $192k in 2023 to $178k in 2024.

$192k
2023
$178k
2024
In today's dollarsEst.
Down 10% in real terms$214k to $192k

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

Board Vice President pay fell 7% from 2023 to 2024, while revenue fell 15%.

$192k in 2023 to $178k in 2024.
  • Chief Executive Officer pay rose 13% from 2023 to 2024.
  • Vice President pay fell 8% from 2023 to 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 CEG OF THE CAPITAL REGION

What does the Board Vice President of CEG OF THE CAPITAL REGION earn?

In 2024, the Board Vice President of CEG OF THE CAPITAL REGION received $177,572 in total compensation. This pay is in the top quarter for Board Vice President roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at CEG OF THE CAPITAL REGION compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Vice President at CEG OF THE CAPITAL REGION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at CEG OF THE CAPITAL REGION equaled 15% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are CEG OF THE CAPITAL REGION's revenue and expenses?

In 2024, CEG OF THE CAPITAL REGION reported $1.6M in total revenue and $1.2M in total expenses on its IRS Form 990.

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