Loading organization details...
Loading organization details...
THE PURPOSE OF THE INSTITUTE IS TO ENGAGE IN CHARITABLE AND SCIENTIFIC ACTIVITIES FOR THE BENEFIT OF THE ACADEMIC, MEDICAL AND RESEARCH INSTITUTIONS AND PUBLIC BENEFIT CORPORATIONS AFFILIATED WITH AND CONTROLLING THE INSTITUTE. TO FOSTER AN EDUCATIONAL ECOSYSTEM IN UPSTATE NEW YORK FOR TRAINING THE NEXT GENERATION OF SCIENTISTS AND BUSINESS LEADERS, AND SUPPORT UPSTATE NEW YORK'S REGIONAL ECONOMY AND TO ACCRUE LIFE SCIENCES ECONOMIC DEVELOPMENT BENEFITS TO UPSTATE NEW YORK THROUGH THE CREATION OF A RESEARCH AND BUSINESS INITIATIVE FOCUSED ON ACCELERATING TRANSLATIONAL RESEARCH GENERATING INNOVATIVE PROOF-OF-CONCEPT STUDIES AND ADVANCING THE SCIENTIFIC AND EDUCATIONAL ACTIVITIES OF THE INSTITUTIONS' FACULTY, FELLOWS AND STUDENTS IN ASPECTS OF CHEMISTRY, PHARMACOLOGY AND DRUG DISCOVERY AND FACILITATING THE CREATION OF STARTUP COMPANIES AND OTHER SPINOFF INITIATIVES, AND ENGAGING EXCLUSIVELY IN SUCH OTHER CHARITABLE AND SCIENTIFIC ACTIVITIES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$13.2M
Program Spending
74%
of total expenses go to program services
Total Contributions
$11.3M
Total Expenses
▼$5.1M
Total Assets
$12.8M
Total Liabilities
▼$1.1M
Net Assets
$11.7M
Officer Compensation
→N/A
Other Salaries
$753.3K
Investment Income
$223.8K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $13.2M | $11.3M | $5.1M | $12.8M | $11.7M |
| 2023IRS e-File | $235K | $0 | $5.4M | $4.2M | $3.1M |
| 2022 | $8.3M | $7.6M | $2.9M | $7.8M | $7.6M |
| 2021 | $41.7K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Ronald C Newbold | CEO | 40 | $383.9K | $0 | $23K | $406.9K |
| Adam Tulgan | COO (to 10/31/25) | 40 | $203.6K | $0 | $23K | $226.6K |
| Thomas Quinn Non-Voting | Board Treasurer | 0.3 | $0 | $0 | $0 | $0 |
| Jeffrey Dunbar Non-Voting | Board Secretary | 0.3 | $0 | $0 | $0 | $0 |
| Patrick Emmerling Non Voting | Asst Board Secretary | 0.3 | $0 | $0 | $0 | $0 |
| Peter Robinson | Board Member, Chair | 0.3 | $0 | $0 | $0 | $0 |
Ronald C Newbold
CEO
$406.9K
Hrs/Wk
40
Compensation
$383.9K
Related Orgs
$0
Other
$23K
Adam Tulgan
COO (to 10/31/25)
$226.6K
Hrs/Wk
40
Compensation
$203.6K
Related Orgs
$0
Other
$23K
Thomas Quinn Non-Voting
Board Treasurer
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Jeffrey Dunbar Non-Voting
Board Secretary
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Patrick Emmerling Non Voting
Asst Board Secretary
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Peter Robinson
Board Member, Chair
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Molly Mesko | Dir Of Portfolio Devel & Administration | 40 | $151.8K | $0 | $3,900 | $155.7K |
Molly Mesko
Dir Of Portfolio Devel & Administration
$155.7K
Hrs/Wk
40
Compensation
$151.8K
Related Orgs
$0
Other
$3,900
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Candace Johnson | Board Member | 0.3 | $0 | $0 | $0 | $0 |
| Dr Renier Brentjens | Board Member/chair Of Dept Of Medicine | 0.3 | $0 | $0 | $0 | $0 |
| Dr Thomas Schwaab | Board Member (to 3/1/24) | 0.3 | $0 | $0 | $0 | $0 |
| Dr Venu Govindaraju | Board Member | 0.3 | $0 | $0 | $0 | $0 |
| Gary Pollack | Board Member | 0.3 | $0 | $0 | $0 | $0 |
| Mark Kercher |
Dr Candace Johnson
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Dr Renier Brentjens
Board Member/chair Of Dept Of Medicine
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Dr Thomas Schwaab
Board Member (to 3/1/24)
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
| $41.7K |
| $2.8M |
| $2.1M |
| $1.9M |
| 2020 | $4.5M | $4.5M | $1.5M | $4.3M | $4.2M |
| 2019 | $2M | $2M | $1M | $1.8M | $1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| Board Member |
| 0.3 |
| $0 |
| $0 |
| $0 |
| $0 |
| Robert Fraass | Board Member | 0.3 | $0 | $0 | $0 | $0 |
| Stephen Dewhurst | Board Member | 0.3 | $0 | $0 | $0 | $0 |
| Stephen Mccluski | Board Member | 0.3 | $0 | $0 | $0 | $0 |
Dr Venu Govindaraju
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Gary Pollack
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Mark Kercher
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Robert Fraass
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Stephen Dewhurst
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0
Stephen Mccluski
Board Member
$0
Hrs/Wk
0.3
Compensation
$0
Related Orgs
$0
Other
$0