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CORNELL AGRICULTURE AND FOOD TECHNOLOGY PARK CORPORATION
GENEVA, NY · EIN 161595380 · Form 990 · FY2024 · NTEE K199 · Food, Agriculture & Nutrition · Small ($100K-$1M) · thetechnologyfarm.com
revenue
$282K
expenses
$454K
net assets
$3.8M
employees
0
volunteers
9
program ratio
76%
mission · from form 990

THE ORGANIZATION'S MISSION IS TO FOSTER CREATION, RETENTION AND EXPANSION OF AGRICULTURE, FOOD AND RELATED RESEARCH AND DEVELOPMENT ENTERPRISES TO BENEFIT THE NEW YORK ECONOMY, AND TO STRENGTHEN THE GENEVA EXPERIMENT STATION BY FOSTERING TECHNOLOGY TRANSFERS AND PARTNERSHIPS WITH COMMERCIAL FIRMS.

profile · synthesized from sources

The Cornell Agriculture and Food Technology Park Corporation operates a research and development campus in Geneva, NY, focused on advancing agriculture, food science, and related technologies. It provides incubation space, infrastructure, and collaboration opportunities for startups and established companies by leveraging proximity to Cornell AgriTech and academic resources. The organization supports economic development in the Finger Lakes region through technology transfer and industry partnerships.

named programs · 4 · from sources

What they call their work

Build-to-Suit Sites
Shovel-ready development sites of up to 20 acres for companies establishing a presence in the Finger Lakes region
Finger Lakes Community College Viticulture and Wine Center
Educational facility providing hands-on training in viticulture and winemaking with access to Cornell AgriTech research
Manufacturing Center
20,000 square-foot facility offering customizable space for companies scaling up commercial operations in food and agriculture sectors
Technology Farm
Incubator with flexible space for businesses to transition from research and product development to small-scale manufacturing in agriculture and food technology
activities · 3 groups

What they do

  • Regional Economic Development Initiatives 1 activity
    • Offering developable land for agri-tech and food research enterprises
      Offers shovel-ready development sites of up to 20 acres on a 72-acre campus for companies establishing operations in the Finger Lakes Region, supporting long-term growth and infrastructure development in the agriculture and food technology sectors.
  • Shared Kitchen Incubator for Food Entrepreneurs 1 activity
    • Operating a business incubator for agriculture and food technology enterprises
      Operates a dynamic incubator with flexible space to support businesses transitioning from research and product development to small-scale manufacturing, fostering innovation in the agriculture and food sectors.
  • Uncategorized 2 activities
    • Providing scalable manufacturing facilities for food and agriculture technology companies
      Provides a 20,000 square-foot Manufacturing Center with customizable space to support companies scaling up commercial operations, enabling growth in the food and agriculture technology sectors.
    • Strengthening agricultural research infrastructure through public-private partnerships
      Strengthens the Geneva Experiment Station by fostering technology transfers and partnerships between commercial firms and research institutions, enhancing innovation capacity in New York’s agricultural sector.
financials · form 990 · fy2024
revenue
Total revenue$282K
Contributions & grants$124K44%
Program service revenue$158K56%
Investment income$8120%
Other revenue$18
expenses
Total expenses$454K
Program expenses76%
Admin / overhead24%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$5.77M
Cash$95K
Investments$0
Liabilities$2.02M
Net assets$3.76M
Liquid reserves2.5 mo
5 years on record · 2020–2024 · YoY revenue -48.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 10
  • AMIE HENDRIX — Director
  • CATHERINE M YOUNG — Director
  • CHRIS SMART — Director
  • ED MAGUIRE — Trustee
  • JAN NYROP — Director
  • MICHAEL J MANIKOWSKI — Chair & Secret
  • MICHAEL NOZZOLIO — Director
  • OLGA PADILLA-ZAKOUR — Director
  • RYAN DAVIS — Trustee
  • WILLIAM STRASSBURG — Director
relationships · 4

Who they work with

  • Cornell AgriTech Partner — Provides world-renowned research and resources accessible to companies at the Technology Park.
  • Finger Lakes Community College Partner — Operates the Viticulture and Wine Center at the Technology Park, offering hands-on education linked to Cornell AgriTech research.
  • Geneva Experiment Station Partner — Fosters technology transfers and partnerships with commercial firms to strengthen the station.
  • New York State Center of Excellence for Food and Agriculture Partner — Collaborates with the Technology Park to provide research and resources for food and agriculture innovation.
strategies · 1

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.

  • Research-Integrated Incubation
    methodology: research-integrated_incubation
    By colocating startups with leading agricultural research institutions and providing scalable infrastructure, the organization accelerates innovation in food and ag tech, because access to cutting-edge science and commercialization support increases the speed and impact of technological development.