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Capitalize Albany Corporation
Community Development · Albany, New York
21 Lodge St, Albany, NY 12207-2104
EIN: 222353905· Founded: Dec 1981· 45 years active· Filing Year: 2023
Annual Revenue
$3.8M
Total Expenses
$2.0M
Total Assets
$24.8M
Program Spending
2%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$688K
33.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$314K
Total Payroll
$1.0M
49% of total expenses
Where the Money Goes
2%
Programs: 2%
Payroll: 49%
Other overhead: 98%
Program Revenue$36K (1%)
Total Expenses$2.0M (53%)
Payroll$1.0M (49%)
Overhead (non-program)98%
Trust Score Breakdown
Program Spending Ratio
2% of expenses go to programs
Revenue & Stability
$3.8M annual revenue
Executive Compensation
$688K total officer comp (33.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$24.8M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.