COMMON MAPS
Map version new-york activity top-down
MCP Main site Contact
Menu
↑ parent activity group ·
research dossier

CAPITAL REGION CHAMBER FOUNDATION INC
ALBANY, NY · EIN 141736856 · Form 990 · FY2024 · NTEE B12 · Education · Medium ($1M-$10M)
revenue
$1.1M
expenses
$1.1M
net assets
$310K
employees
0
volunteers
326
program ratio
98%
mission · from form 990

THE MISSION OF CAPITAL REGION CHAMBER FOUNDATION, INC., A NOT-FOR-PROFIT WHOLLY OWNED SUBSIDIARY OF THE CAPITAL REGION CHAMBER OF COMMERCE IS TO ADVANCE THE WORK OF THE CAPITAL REGION CHAMBER IN ENGAGING THE BUSINESS COMMUNITY TO ADDREESS BUSINESS, CIVIC, EDUCATION AND WORKFORCE DEVELOPMENT ISSUES CRITICAL TO THE ECONOMIC VITALITY OF THE REGION.

profile · synthesized from sources

Capital Region Chamber Foundation Inc. is a nonprofit subsidiary of the Capital Region Chamber of Commerce focused on economic vitality through business, civic, education, and workforce development initiatives. It supports entrepreneurs, small businesses, veterans, and BIPOC business owners primarily in New York's Capital Region. Key programs include training boot camps and growth acceleration services.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $236K
    BUSINESS GROWTH INCLUDES THE ENTREPRENEUR BOOT CAMP WHICH PROVIDES INTENSIVE TRAINING THAT GUIDES WOULD-BE ENTREPRENEURS, EXISTING BUSINESSES AND VETERANS THROUGH THE STEP-BY-STEP PROCESS OF STARTING, OPERATING AND MANAGING A BUSINESS, AND THE BIPOC BUSINESS GROWTH INITIATIVE, THAT PROVIDES ASSISTANCE AND GROWTH ACCELERATION SUPPORT TO SMALL AND MID-SIZED BIPOC BUSINESSES IN THE CAPITAL REGION.
  2. #2 $68K
    MILITARY ENGAGEMENT PROGRAMS IN SUPPORT OF THE REGION'S MILITARY BASES AND VETERANS.
named programs · 3 · from sources

What they call their work

BIPOC Business Growth Initiative
Provides assistance and growth acceleration support to small and mid-sized businesses owned by Black, Indigenous, and People of Color in the Capital Region.
Entrepreneur Boot Camp
Intensive training program guiding aspiring entrepreneurs, existing businesses, and veterans through the process of starting, operating, and managing a business.
Military Engagement Program
Supports the region's military bases and veterans through targeted programs and services aimed at economic integration and business development.
activities · 2 groups

What they do

  • Startup Acceleration & Business Growth Support 1 activity
    • Entrepreneur Boot Camp and BIPOC Business Growth Initiative
      Operates the Entrepreneur Boot Camp and the BIPOC Business Growth Initiative to provide training and growth support for aspiring entrepreneurs, existing businesses, veterans, and BIPOC-owned businesses in the Capital Region. The Entrepreneur Boot Camp offers intensive training to guide participants in starting and managing businesses.
  • Veterans' Fraternal Support Programs 1 activity
    • Military and veteran support programs
      Conducts military engagement programs and implements initiatives to support the region's military bases and veterans.
financials · form 990 · fy2024
revenue
Total revenue$1.14M
Contributions & grants$714K63%
Program service revenue$398K35%
Investment income$27K2%
Other revenue$0
expenses
Total expenses$1.11M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$71K
Largest expense lineFacilities
balance sheet
Total assets$1.26M
Cash$979K
Investments$0
Liabilities$947K
Net assets$310K
Liquid reserves10.6 mo
3 years on record · 2020–2024 · YoY revenue -5.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
MARK N EAGAN PRESIDENT & CEO 8 $523K
CHRISTINE A HOLLE VP, FINANCE & OPERATIONS 9 $150K
LAURA E MANN VP, BUSINESS RESOURCES 40 $141K
JASON F BENITEZ VP, DEI 40 $128K
THOMAS J O'CONNOR VP, GOVERNMENT AFFAIRS 4 $127K
board members · 11
  • BEN WILLIAMS — DIRECTOR
  • DONALD BOYLE — DIRECTOR
  • DOUG FORD — DIRECTOR
  • JEANNE MALOY — DIRECTOR
  • JEFFREY BUELL — DIRECTOR
  • LUCY HALSTEAD — DIRECTOR
  • MATTHEW GRATTAN — SECRETARY/TREASURER
  • MICHELLE WILDGRUBE — CHAIR
  • MONA GOLUB — DIRECTOR
  • ROBERT SCHOFIELD — DIRECTOR
  • SEAN MAGUIRE — DIRECTOR
relationships · 1

Who they work with

  • Capital Region Chamber of Commerce Network — Wholly owned subsidiary that advances the work of the Capital Region Chamber of Commerce.
strategies · 2

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.