Center for Economic Growth
Donations deductibleRevenue
$1.5m
year to 31 December 2024
Expenses
$1.7m
year to 31 December 2024
Total assets
$1.3m
$274k liabilities
Net assets
$1.1m
assets less liabilities
Directors and trustees
5
3.2 years on average
Staff
0
employees, year to 31 December 2024
Chair observed
≥1 yr
Stephen Obermayer
Left since last filing
0
no seats appear to have opened
Center for Economic Growth's network
5 people9 organisationsi5 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (12) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Stephen Obermayer Chair | Chair | 2023 | 3 yrs |
| Brian O'Grady | Director | 2024 | 2 yrs |
| David Demarco | Director | 2022 | 4 yrs |
| Fran O'Rourke | Director | 2023 | 3 yrs |
| Kimberly Ireland | Treasurer/Secretary | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
5 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Christine A Holle | VP, Finance & Operations | since 2022 |
| Don Wiesenforth | Senior Vice President, Ceg | since 2023 |
| Katherine JN Belmont | Chief Economic Development Officer | since 2023 |
| Mark N Eagan | President & CEO | since 2022 |
| Thomas J Bell | Project Director, Technology Services | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Don Wiesenforth | Senior Vice President, Ceg | 40 | $135k | $12k | |
| Thomas Bell | Project Director, Technology Services | 40 | $118k | $9k | |
| Katherine Jn Belmont | Chief Economic Development | 7 | $27k | $153k | $25k |
| Christine Holle | VP, Finance & Operations | 6 | $19k | $119k | $12k |
| Mark Eagan | President & CEO | 2 | $17k | $420k | $86k |
| David Demarco | Director | 1 | $0 | ||
| Brian O'grady | Director | 1 | $0 | ||
| Fran O'rourke | Director | 1 | $0 | ||
| Stephen Obermayer | Chair | 1 | $0 | ||
| Kimberly Ireland | Treasurer/Secretary | 1 | $0 |
About
- Legal name
- Center for Economic Growth
- EIN
- 222880333
- Address
- 5 Computer Dr S, Albany, NY, 12205-1608
- State
- New York
- Mission
- Provide customized strategies to small-to-middle sized companies in the manufacturing technology sectors to improve productivity, increase sales, reduce costs, launch new products and grow their bottom line. In addition, we engage in a variety of initiatives to develop a skilled workforce to serve the region's employer community. (as filed on the Form 990)
- Activity (NTEE)
- V22Z Social science research
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Social Science
- Size band
- 6 (IRS master file code)
- Formed
- 1987
- Principal officer
- Mark N Eagan (as named on the Form 990)
- IRS ruling date
- 1 August 1989
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥4years on the filingsDavid Demarco
≥3years on the filingsStephen Obermayer
≥3years on the filingsFran O'Rourke
≥2years on the filingsBrian O'Grady
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.3m
- Total liabilities
- $274k
- Net assets or fund balances
- $1.1m
- Contributions and grants received
- $847k
- Program service revenue
- $563k
- Grants and similar paid out
- $191k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.5m | $1.7m | Deficit $205k |
As filed on the IRS Form 990. US dollars.
Grants paid
3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Multi-Craft Apprenticeship Preparation Program (Mapp) | Upper hudson workforce fund training services; funded by sunrise wind llc (orsted) | $135k |
| Global Foundries US Inc | Aeg - 2 final voucher; dol workforce grant; national institute for industry and career advancement (niica) apprenticeship grant | $45k |
| NY Creates | National institute for industry and career advancement (niica) apprenticeship grant | $5k |
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Center For Economic Growth, Inc. likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: New York Department of State, active corporations (data.ny.gov n9v6-gdp6). Licence: New York open data terms of use. Data last fetched 18 October 2026.
- State
- New York
- Entity type
- Domestic Not-For-Profit Corporation
- Status
- Active
- Formed
- 30 October 1987
- Registered agent
- Not stated