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THE BLAKE ANNEX

ALBANY, NY · EIN 871007976 · Form 990 · FY2024 · NTEE S11 · Community Improvement · Small ($100K-$1M) · theblakeannex.org
revenue
$448K
expenses
$914K
net assets
$-1.2M
employees
0
volunteers
6
program ratio
100%
mission · from form 990

AN IMPACT-DRIVEN COWORKING COMMUNITY FOR CAPITAL REGION NON-PROFITS TO SHARE SERVICES AND COLLABORATE TO CREATE AND DEVELOP A UNIQUE COWORKING SPACE FOCUSED ON PROVIDING COWORKING SITES AS WELL AS EDUCATIONAL OPPORTUNITIES, ADVANCEMENT, AND SUPPORT FOR INDIVIDUALS AND COMPANIES IN THE NOT-FOR-PROFIT AND TAX-EXEMPT SECTORS TO STIMULATE COLLABORATIVE ECONOMIC DEVELOPMENT IN ECONOMICALLY DEPRESSED, HIGH-DENSITY, URBAN AREAS IN THE GREATER CAPITAL REGION OF THE STATE OF NEW YORK.

profile · synthesized from sources

The Blake Annex is a coworking community in downtown Albany, NY, designed for nonprofit and tax-exempt organizations. It provides affordable, fully managed office space and shared services to reduce overhead and foster collaboration. The organization also hosts educational programs and aims to strengthen the nonprofit sector through shared innovation and capacity-building in economically distressed urban areas.

named programs · 4 · from sources

What they call their work

Blake EDU
Monthly educational series for nonprofit professionals featuring local leaders discussing strategies to enhance impact in the sector
Community Membership
Grants 8 coworking days per month for flexible use by nonprofit staff and service providers
Full-Time Coworking
Provides full access to open coworking spaces for nonprofit teams and individuals seeking a collaborative, flexible work environment
Private Office Suites
Offers private offices for nonprofit organizations needing dedicated space for 1–20 employees, with options to add additional memberships
activities · 4 groups

What they do

  • Ribbon-Cutting Ceremony Support 1 activity
    • Facilitate community events and facility enhancements
      Co-hosts public events such as street renaming ceremonies and ribbon-cutting events, and completes facility improvements including construction and furnishing of a podcast studio for member use.
  • Professional Development for Fundraising and Philanthropy Practitioners 1 activity
    • Host educational programming for nonprofit professionals
      Hosts Blake EDU, a monthly educational series for nonprofit professionals featuring leaders from the Capital Region to support capacity building and professional development.
  • Community Space Provision 1 activity
    • Operate shared coworking space for nonprofits
      Operates a 25,000-square-foot shared office facility in downtown Albany, NY, providing private offices, dedicated desks, open coworking space, and mailbox memberships for nonprofit organizations. Offers flexible membership options including full-time access, community memberships (8 days/month), day passes, and Book of Passes (10 visits/year).
  • Museum Volunteer Engagement & Operations Support 1 activity
    • Provide on-site operational and community support
      Manages day-to-day office operations including utilities, coffee service, and closing procedures, and provides on-site support during tours and regular operations through community managers and crew members who assist visitors and members.
financials · form 990 · fy2024
revenue
Total revenue$448K
Contributions & grants$5K1%
Program service revenue$443K99%
Investment income$00%
Other revenue$0
expenses
Total expenses$914K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.00M
Cash$14K
Investments$0
Liabilities$4.22M
Net assets$-1.22M
Liquid reserves0.2 mo
5 years on record · 2020–2024 · YoY revenue -8.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
PETER GANNON CEO 1 $249K
DAVID BARRON CFO 1 $96K
board members · 4
  • BRIAN SANO — BOARD CHAIR
  • CARM BASILE — BOARD MEMBER
  • ERIC LACOPPOLA — TREASURER
  • SELICA GRANT — BOARD MEMBER
relationships · 8

Who they work with

  • Albany County Bar Association Partner — Member organization welcomed into The Blake Annex community.
  • CDTA Partner — Partners to provide transportation access for nonprofit employees in the Capital Region.
  • Community Bank Partner — Partner organization whose representative presents at the Blake EDU series.
  • Facebook Partner — Social media platform listed in footer, likely used for outreach and engagement
  • United Way of the Greater Capital Region Government — Parent organization that powers The Blake Annex
  • United Way of the Greater Capital Region Partner — Aligned with United Way of the Greater Capital Region's mission to address systemic issues and create generational change.
  • United Way of the Greater Capital Region Partner — Collaborates on community events and supports The Blake Annex as a partner organization.
  • United Way of the Greater Capital Region Partner — Presenting partner and community convener for The Blake Annex, supporting its mission to bring nonprofit organizations together.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Collaborative Coworking Model
    methodology: collaborative_coworking
    By providing shared workspace and structured opportunities for interaction, the organization increases nonprofit effectiveness and innovation because proximity and facilitated collaboration break down silos and enable cross-sector learning and resource-sharing.
  • Full-Service Infrastructure Support
    methodology: full-service_workspace_support
    By removing administrative and operational burdens through fully managed office infrastructure, nonprofits can focus more energy and resources on mission delivery because reduced overhead increases organizational capacity and focus.
  • Professional Development as Capacity Building
    methodology: professional_development_capacity_building
    By offering regular, expert-led professional development sessions, the organization strengthens nonprofit effectiveness because skill-building improves leadership, innovation, and organizational resilience.