Excelsior Local Development Corporation

Fiscal year ending 2024. Filed on April 4, 2025.

50 Beaver Street
Floor
Albany, New York 12207

Excelsior Local Development Corporation (EIN: 84-2112665) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Excelsior Local Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $370,885. The highest compensated employee at Excelsior Local Development Corporation is Chris Levy with fiscal year 2024 compensation of $450,962.

Revenue, expenses, and employee compensation

Revenue

$509,067

Expenses

$334,893

Employee compensation

$134,360
Revenue, expenses, and employee compensation over time

Mission Statement

TO ASSIST SMALL BUSINESSES IN THE ACQUISITION OF REAL PROPERTY, AND CONSTRUCTION, RENOVATION OR OTHER IMPROVEMENTS THEREON, AND THEREBY PROMOTE AND ENCOURAGE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE STATE OF NEW YORK; TO ENCOURAGE AND ASSIST IN THE LOCATION OF NEW BUSINESS AND INDUSTRY IN THE STATE OF NEW YORK; AND TO PROVIDE FINANCING TO BOTH NEW AND EXISTING BUSINESSES AND INDUSTRY; AND TO CREATE AND RETAIN JOBS WITHIN THE STATE OF NEW YORK.

Revisions to this organization profile

April 4, 2025:
2024 Excelsior Local Development Corporation 990 filed
February 12, 2024:
2023 Excelsior Local Development Corporation 990 filed
February 7, 2023:
2022 Excelsior Local Development Corporation 990 filed

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