COMMISSION ON ECONOMIC OPPORTUNITY FOR THE GREATER CAPITAL REGION INC

EIN: 141490509 501(c)(3) Community Improvement

TROY, NY

Total Revenue
$15,265,149
Total Expenses
$15,775,751
Total Assets
$26,127,508
Net Assets
$24,154,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NY
Principal Officer
SUZANNE ROSA
Phone
5182726012
Tax Period
2024-04-01 to 2025-03-31

COMMISSION ON ECONOMIC OPPORTUNITY FOR THE GREATER CAPITAL REGION INC, founded in 1965, is a mid-sized nonprofit in the Community Improvement sector that reported $15.3M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

THE COMMISSION ON OPPORTUNITY FOR THE GREATER CAPITAL REGION (CEO) IS AN UMBRELLA AGENCY THAT PROVIDES THE OVERALL LEADERSHIP, POLICY GUIDANCE, AND SUPPORT NECESSARY TO SUCCESSFULLY DELIVER A WIDE RANGE OF SERVICES. THE PROGRAMS AT CEO ARE DESIGNED TO EMPOWER INDIVIDUALS AND FAMILIES TO BUILD SELF-SUFFICIENCY IN ALL LIFE AREAS AND RISE OUT OF POVERTY. CEO WORKS IN PARTNERSHIP WITH THE INDIVIDUALS, FAMILIES, AND THE LARGER COMMUNITY TO IMPROVE THE QUALITY OF LIFE FOR ALL COMMUNITY MEMBERS BY ADDRESSING THEIR SOCIAL, EMOTIONAL, ECONOMIC AND EDUCATIONAL NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $232,652
Program Service Revenue $14,702,382
Investment Income $145,434
Other Revenue $184,681
TOTAL REVENUE $15,265,149

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,382,753
Fundraising Expenses $0
Program Expenses $14,481,659
Other Expenses $6,392,998
TOTAL EXPENSES $15,775,751

Year-over-Year Comparison

2024 2023 Change
Revenue $15,265,149 $20,258,818 -0.2%
Expenses $15,775,751 $14,820,682 +0.1%
Net Income $-510,602 $5,438,136 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
237
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$393,785
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY BELLINO-GIUGNO MEMBER 1.00
Director
$0 $0 $0
BRIAN WILLIAMS CHAIRPERSON 1.00
Officer Director
$0 $0 $0
PATRICIA O'CONNOR PHD VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MEGAN ROSS TREASURER 1.00
Officer Director
$0 $0 $0
PETER GRIMM MEMBER 1.00
Director
$0 $0 $0
PATRICK MORPHY ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
FORTUNE OMASE MEMBER 1.00
Director
$0 $0 $0
STEVEN MCLAUGHLIN MEMBER 1.00
Director
$0 $0 $0
MICHAEL STAMMEL MEMBER 1.00
Director
$0 $0 $0
MICHAEL BOSSERT MEMBER 1.00
Director
$0 $0 $0
ELLEN VENSON MEMBER 1.00
Director
$0 $0 $0
DAN CASALE MEMBER 1.00
Director
$0 $0 $0
MARK FLEMING MEMBER 1.00
Director
$0 $0 $0
ABIGAIL CEVALLOS MEMBER 1.00
Director
$0 $0 $0
DEMETRIA CANTY MEMBER 1.00
Director
$0 $0 $0
SUZANNE ROSA PRESIDENT 40.00
Officer
$176,113 $26,909 $203,022
MARY O'GRADY CFO (UNTIL JUNE 2024) 40.00
Officer
$190,763 $0 $190,763
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $15,265,149 $15,775,751 $26,127,508 $-510,602
2024 $20,258,818 $14,820,682 $26,271,694 $5,438,136
2023 $17,072,435 $14,834,440 $20,561,589 $2,237,995
2022 $14,616,169 $14,865,261 $18,234,515 $-249,092
2021 $14,345,708 $14,191,063 $18,473,729 $154,645
2020 $16,678,016 $16,180,224 $16,980,234 $497,792
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