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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Nybdc Local Development Corporation

Nybdc Local Development Corporation

Fiscal year ending 2020. Filed on January 15, 2021.

50 Beaver Street
Floor
Albany, New York 12207

Nybdc Local Development Corporation (EIN: 26-4032355) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Nybdc Local Development Corporation, a 501(c)(3) charitable organization, reported compensation for 26 employees. Among the employees shown here, the average compensation is $148,156. The highest compensated employee at Nybdc Local Development Corporation is Patrick J MacKrell with fiscal year 2020 compensation of $728,055.

Revenue, expenses, and employee compensation

Revenue

$12,475,914

Expenses

$6,852,196

Employee compensation

$2,197,489
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick J MacKrell
Chief Executive Officer
$728,055
$0 $728,055 No other comp
Bryan Doxford
Senior Vice President
$248,391
$248,391 No related compNo other comp
Steven R Cohen
President
$230,912
$230,912 No related compNo other comp
James J Goldrick
Vice President
$221,712
$0 $221,712 No other comp
Nancy A Reinhart
Vice President
$215,641
$0 $215,641 No other comp
Andrew M Linehan
Vice President
$208,727
$0 $208,727 No other comp
Kevin O'Leary
Vice President
$185,257
$0 $185,257 No other comp
Owen F Burns
Treasurer
$184,564
$0 $184,564 No other comp
Thomas K McHale
Vice President
$184,211
$0 $184,211 No other comp
Richard Amsterdam
Vice President
$166,185
$0 $166,185 No other comp
Leesa Naimo-Fredette
Vice President
$150,375
$0 $150,375 No other comp
Kathleen A Russom
Secretary
$143,883
$0 $143,883 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bruce W Boyea
Director
Christina Orsi
Director
Daryl Forsythe
Director
G Gary Berner
Chair
Herbert G Chorbajian
Director
James J Byrnes
Director
Jeffrey M Levy
Director
John Witkowski
Director

Mission Statement

TO ASSIST SMALL BUSINESS 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 Nybdc Local Development Corporation 990 filed
February 1, 2024:
2023 Nybdc Local Development Corporation 990 filed
February 10, 2023:
2022 Nybdc Local Development Corporation 990 filed

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