named programs · 5 · from sources
What they call their work
Albany NanoTech Complex
Manages a 1.65 million square foot semiconductor R&D facility with multiple cleanrooms (NanoFab South, North, Central, East, Xtension, Reflection) supporting 300mm wafer production and advanced lithography research.
CHIPS for America EUV Accelerator
Federally designated National Semiconductor Technology Center facility focused on High NA Extreme Ultraviolet Lithography research and development.
EASEL Faculty Technical Workshops
Professional development workshops connecting community college faculty with industry engineers to align curriculum with semiconductor workforce needs.
IMT Apprenticeship Program in Partnership with Micron
NYS-registered Industrial Manufacturing Technician apprenticeship providing hands-on training for semiconductor manufacturing careers.
Vet S.T.E.P. (Semiconductor Training & Experience Program)
10-week DoD SkillBridge program offering veterans two weeks of technical training at Albany NanoTech followed by an eight-week industry internship.
activities · 4 groups
What they do
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Research Facility Management 3 activities
- Conduct advanced semiconductor and next-generation technology R&DConducts cutting-edge 300mm semiconductor research and development in collaboration with universities, industry leaders, and international partners, focusing on future technologies such as neuromorphic computing, artificial intelligence, quantum technologies, integrated photonics, power electronics, and heterogeneous packaging. Utilizes state-of-the-art fabrication and packaging facilities in Albany and Rochester.
- Conduct strategic expansion and construction of R&D facilitiesEngages in continuous physical expansion of research infrastructure, including completion of multiple NanoFab buildings between 2004 and 2015 and beginning construction on NanoFab Reflection (NFR) in 2024 to further grow capacity for high-tech R&D.
- Operate and manage the Albany NanoTech Complex for advanced semiconductor R&DOwns and operates the Albany NanoTech Complex, the nation's largest non-profit semiconductor research and development facility, including multiple specialized buildings (NanoFab South, North, Central, East, Xtension, ZEN) with over 130,000 square feet of cleanroom space. Oversees advanced research facilities for semiconductor, photonic, and nanotechnology R&D, assuming operational responsibility in 2019.
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Advanced Manufacturing Workforce Training 1 activity
- Deliver workforce training programs for semiconductor industry careersImplements comprehensive workforce development initiatives including internships, externships, mentoring, and technical courses in advanced semiconductor manufacturing. Offers programs such as Vet S.T.E.P.—a 10-week training and internship program providing free instruction, housing, and certification for transitioning military personnel—and the NYS-registered Industrial Manufacturing Technician Apprenticeship Program in partnership with Micron.
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Hands-On STEM Education Programs 1 activity
- Train next-generation scientists and engineers through R&D participationTrains future engineers, scientists, and entrepreneurs by integrating them into active advanced research and development initiatives, enabling hands-on experience in semiconductor and emerging technology innovation.
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Uncategorized 2 activities
- Fund and develop major semiconductor research infrastructureFunds and supports construction of critical semiconductor R&D infrastructure, including the first publicly owned High NA Extreme Ultraviolet Lithography Center in North America through a $10 billion public-private partnership, and the CHIPS for America EUV Accelerator—a National Semiconductor Technology Center facility funded with $825 million in federal investment—established in 2024.
- Partner with academic institutions to expand research and education capacityHosts the University at Albany’s College of Nanotechnology, Science and Engineering at the Albany NanoTech Complex and maintains ongoing program development partnerships with Binghamton University, Stony Brook University, University at Albany, and University at Buffalo. Conducts technical workshops for community college faculty to enhance teaching capabilities in semiconductor fabrication.
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financials · form 990 · fy2024
revenue
Total revenue$144.81M
Contributions & grants$131.98M91%
Program service revenue$00%
Investment income$3990%
Other revenue$12.83M
expenses
Total expenses$240.71M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$454K
Largest expense lineProfessional Fees
balance sheet
Total assets$185.33M
Cash$6.55M
Investments$0
Liabilities$289.80M
Net assets$-104.47M
Liquid reserves0.3 mo
5 years on record · 2020–2024 · YoY revenue +235.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 10
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| PATRICIA ARCIERO-CRAIG | PAST CAO,ACT GEN COUN | 0 | $480K |
| DAVID ANDERSON | PRESIDENT | 1 | $478K |
| CHRISTOPHER BORST | VP OF TECHNOLOGY & INFRASTRUCTURE | 1 | $409K |
| TIMOTHY TAYLOR | VP CORPORATE FINANCE & CFO | 1 | $376K |
| PAUL KELLY | VP STRATEGY, PSHIPS & NV, & COO | 1 | $328K |
| WILLIAM BRONNER | VP OF HUMAN RESOURCES | 1 | $289K |
| MAURICE RAGHUBAR | VP OF IT & CHIEF INFORMATION OFFICER | 1 | $253K |
| REBECCA BORDEN | GENERAL COUNSEL | 1 | $244K |
| PATRICIA BUCKLIN | SECRETARY | 1 | $207K |
| DOUGLAS GROSE | CHAIR | 1 | $73K |
board members · 9
- DR ANDREA GOLDSMITH — DIRECTOR, AS OF 6/12/25
- HEATHER HAGE — DIRECTOR
- JASMINKA HUSIC — DIRECTOR, AS OF 6/12/25
- JOAN MCDONALD — DIRECTOR
- KRISTIN PROUD — DIRECTOR
- MENG-LING HSIAO — DIRECTOR
- MICHAEL ABBOTT — DIRECTOR
- MICHAEL CADIGAN — DIRECTOR, AS OF 6/13/25
- TERRENCE DALY — DIRECTOR, AS OF 4/7/25
relationships · 27
Who they work with
- Albany NanoTech Complex Partner — Collaborative site for semiconductor R&D involving industry, academia, and government partners.
- Applied Materials Partner — Collaborates on semiconductor research and development at the Albany Nanotech Complex.
- Applied Materials Partner — Collaborates with NY Creates on semiconductor research and development at the Albany NanoTech Complex.
- Applied Materials Partner — Partner in the IBM Research AI Hardware Center working on new materials and devices for AI hardware.
- Binghamton University Partner — Engages in ongoing program development with NY Creates.
- IBM Partner — Collaborates on semiconductor research and development at the Albany Nanotech Complex.
- IBM Partner — Collaborates with NY Creates on semiconductor research and development at the Albany NanoTech Complex.
- IBM Research Partner — Collaborates on the IBM Research AI Hardware Center focused on AI hardware development.
- Micron Partner — Participates in a $10 billion public-private partnership with NY Creates to establish a next-generation semiconductor R&D center.
- Micron Partner — Partnership to launch the Industrial Manufacturing Technician (IMT) Apprenticeship Program for semiconductor technician training.
- National Science Foundation Funder — Funds the Vet S.T.E.P. program for veterans and active military preparing for semiconductor industry careers.
- National Science Foundation Funder — Funds the Vet S.T.E.P. program.
- New York State Urban Development Corporation d/b/a Empire State Development Partner — Cooperates with NY CREATES to support research, economic advancement, and technology development in New York State.
- Normanside Country Club Partner — Host venue for the 3rd Annual Creates Classic Golf Outing.
- Rensselaer Polytechnic Institute Partner — Partner in the IBM Research AI Hardware Center working on advanced materials and chip development.
- SUNY Polytechnic Institute Partner — Partner in the IBM Research AI Hardware Center working on advanced materials and chip development.
- State University of New York Partner — Cooperates with NY CREATES to support research, economic advancement, and technology development in New York State.
- Stony Brook University Partner — Engages in ongoing program development with NY Creates.
- The Research Foundation for The State University of New York Partner — Provides administrative support and enables research collaboration; NY Creates is an affiliated corporation of RF-SUNY.
- The State University of New York Partner — Collaborates on academic engagements and program development across SUNY campuses.
- Tokyo Electron Partner — Collaborates on semiconductor research and development at the Albany Nanotech Complex.
- Tokyo Electron Partner — Operates Technology Center America (TCA) within the NanoFab South Extension at the Albany NanoTech Complex and collaborates on semiconductor R&D.
- Tokyo Electron America, Inc. Partner — Partner in the IBM Research AI Hardware Center working on next-generation chip technologies.
- University at Albany Partner — Hosts the College of Nanotechnology, Science and Engineering at NY Creates’ Albany NanoTech Complex and engages in ongoing program development.
- University at Buffalo Partner — Engages in ongoing program development with NY Creates.
- WMHT Partner — Produced a video feature on the Vet S.T.E.P. program highlighting military-to-semiconductor career pathways.
- YouTube Partner — Platform used to stream and archive Board of Directors meetings.
strategies · 4
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.
- Innovation-to-Economy Translationmethodology: innovation-to-economy_translationBy collaborating with affiliated organizations, the organization ensures that technological breakthroughs are scaled and deployed to generate economic and societal impact because innovation only delivers value when it is translated beyond the lab into production and practice.
- Integrated Workforce Development and Researchmethodology: integrated_research_workforce_developmentBy aligning workforce training with active R&D and industry needs, the organization produces job-ready talent and accelerates innovation because education and real-world technical demands are developed in tandem, ensuring relevance and immediate impact.
- Public-Private-Academic Collaboration for Innovationmethodology: public-private_academic_collaborationBy co-locating and integrating resources from government, academia, and industry, the organization accelerates semiconductor R&D and drives regional economic growth because shared infrastructure and collaborative problem-solving reduce duplication and speed technological advancement.
- Talent-Driven Innovation Ecosystemmethodology: talent-driven innovationBy attracting and retaining top scientific and technical talent in New York, the organization enables sustained technological innovation because visionary individuals are critical catalysts for breakthrough research and economic advancement.