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Filing year 2023

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND

Albany, New York·EIN 84-4046818·NTEE U40 · Science & Technology·3
Total revenue
$43.1M
Total assets
$49.1M
Total expenses
$59.2M
Reported officers
20
Mission

THE NEW YORK CENTER FOR RESEARCH, ECONOMIC ADVANCEMENT, TECHNOLOGY, ENGINEERING AND SCIENCE CORPORATION (NY CREATES) FORMED FOR THE PURPOSE OF ADVANCING SCIENTIFIC RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT WITHIN NEW YORK STATE. SPECIFICALLY, THE PURPOSE OF NY CREATES IS TO FACILITATE THE ATTRACTION AND EXPANSION OF INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS AND FACILITIES, AND TO DEVELOP STRATEGIC ASSETS THAT SUPPORT THE GROWTH OF HIGH TECHNOLOGY COMPANIES THROUGHOUT THE STATE IN COOPERATION WITH THE STATE UNIVERSITY OF NEW YORK (SUNY) AND THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION D/B/A/ EMPIRE STATE DEVELOPMENT (ESD).

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

$449k
$501k
Base
$413k
Bonus
Other
Benefits
$22k
VP of Technology & Infrastructure
vice president
$374k
$417k
Base
$241k
Bonus
Other
Benefits
$85k
VP Corporate Finance & CFO
$334k
$373k
Base
$215k
Bonus
Other
Benefits
$75k
Cao, Acting Gen Couns, Thru 4/18/24
officer (unspecified)
$325k
$363k
Base
$267k
Bonus
Other
Benefits
$35k
VP Strategy, Pships & Nv, & COO
$317k
$354k
Base
$260k
Bonus
Other
Benefits
$25k
Chair As of 5/1/24/past Pres.
board chair
$234k
$262k
Base
$234k
Bonus
Other
Benefits
VP of Human Resources
vice president
$202k
$225k
Base
$162k
Bonus
Other
Benefits
$22k
Secretary
secretary (operational)
$195k
$217k
Base
$176k
Bonus
Other
Benefits
$481
VP of IT & Chief Information Officer
chief information officer
$154k
$172k
Base
$154k
Bonus
Other
Benefits
$150
Acting Gen Couns, As of 4/19/24
officer (unspecified)
$39k
$43k

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 10 unpaid individuals.

Browse compensation in Science & Technology

Up 46%
from 2022

From $308k in 2022 to $449k in 2023.

$308k
2022
$449k
2023
In today's dollarsEst.
Up 41% in real terms$356k to $501k

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.

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.

1
Scratch Foundation2024
$465k
2
NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND2023
$449k
3
SUSTAINABLE MANUFACTURING INNOVATION ALLIANCE CORP2024
$173k
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