EMPIRE CENTER FOR PUBLIC POLICY INC

EIN: 461987418 501(c)(3) Public & Societal Benefit

ALBANY, NY

Total Revenue
$1,021,554
Total Expenses
$754,437
Total Assets
$413,698
Net Assets
$372,138
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
ZILVINAS SILENAS
Phone
5184343100
Tax Period
2024-10-01 to 2025-09-30

EMPIRE CENTER FOR PUBLIC POLICY INC, founded in 2013, is a community nonprofit in the Public & Societal Benefit sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $267K, a strong 26% operating margin.

Mission

TO MAKE NEW YORK A BETTER PLACE TO LIVE AND WORK BY PROMOTING PUBLIC POLICY REFORMS GROUNDED IN FREE MARKET PRINCIPLES, PERSONAL RESPONSIBILITY, AND THE IDEALS OF EFFECTIVE AND ACCOUNTABLE GOVERNMENT.

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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 $1,016,784
Program Service Revenue $0
Investment Income $571
Other Revenue $4,199
TOTAL REVENUE $1,021,554

Expense Breakdown

Grants Paid $0
Salaries & Benefits $559,190
Fundraising Expenses $84,331
Program Expenses $566,790
Other Expenses $195,247
TOTAL EXPENSES $754,437

Year-over-Year Comparison

2024 2023 Change
Revenue $1,021,554 $1,590,232 -0.4%
Expenses $754,437 $1,436,379 -0.5%
Net Income $267,117 $153,853 +0.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
12
Volunteers
6

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
4
$77,311
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE KILLIAN DIRECTOR 1.00
Director
$0 $0 $0
MELINDA OAKES DIRECTOR 1.00
Director
$0 $0 $0
LUKE JACOBS SECRETARY 1.00
Officer Director
$0 $0 $0
BOB CONFER DIRECTOR 1.00
Director
$0 $0 $0
ANITA MACDOUGALL TREASURER 1.00
Officer Director
$0 $0 $0
PETER C HEIN CHAIRMAN 5.00
Officer Director
$0 $0 $0
ZILVINAS SILENAS PRESIDENT & CEO 40.00
Officer
$62,071 $15,240 $77,311
CAMERON MACDONALD GENERAL COUNSEL 40.00
Highest
$115,350 $3,460 $118,810
TIMOTHY P HOEFER FORMER DIRECTOR/PRESIDENT & CEO 20.00
$33,933 $1,255 $43,073
DEBI GHATE FORMER DIRECTOR 1.00
$0 $5,081 $169,146
KENNETH GIRARDIN FORMER DIRECTOR OF RESEARCH 40.00
$103,569 $4,503 $108,072
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 $1,021,554 $754,437 $413,698 $267,117
2024 $1,590,232 $1,436,379 $219,209 $153,853
2023 $1,319,051 $1,881,965 $272,285 $-562,914
2022 $2,229,111 $1,935,801 $532,263 $293,310
2021 $1,616,583 $1,693,314 $288,136 $-76,731
2020 $1,429,852 $1,422,542 $439,082 $7,310
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