Civic Intelligence

New York State Technology Enterprise Corporation

EIN 16-1521105 • 501(c)3 • Rome, NY

Profile

Nystec's mission is to provide superior engineering, management and consulting services to assist state and local government clients in successfully identifying, defining, acquiring and implementing technology needs. Nystec furthers its charitable purpose by providing assistance to identified strategic projects that strive to enhance technological knowledge and capabilities at all levels of public sector government, thus benefitting the public at large.

99 Otis Street 2nd FloorRome, NY 13441

www.nystec.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.24x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

31st percentile

0.21x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

74th percentile

$824,496

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$102,167,305

Up $10,984,010 (+12%) from 2024

Liabilities

Up

$24,219,065

Up $4,226,795 (+21%) from 2024

Net Assets

Up

$77,948,240

Up $6,757,215 (+9.5%) from 2024

Revenue

Up

$114,896,743

Up $11,975,241 (+12%) from 2024

Expenses

Up

$109,661,476

Up $16,320,365 (+17%) from 2024

Net Income

Down

$5,235,267

Down $4,345,124 (-45%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $5,282,735Liabilities 2010: $943,805Net Assets 2010: $4,338,9302010Assets 2011: $6,300,739Liabilities 2011: $1,551,630Net Assets 2011: $4,749,1092011Assets 2012: $6,623,368Liabilities 2012: $1,387,772Net Assets 2012: $5,235,5962012Assets 2013: $7,188,431Liabilities 2013: $1,960,731Net Assets 2013: $5,227,7002013Assets 2014: $8,547,958Liabilities 2014: $2,544,152Net Assets 2014: $6,003,8062014Assets 2015: $10,528,313Liabilities 2015: $2,843,727Net Assets 2015: $7,684,5862015Assets 2016: $14,090,230Liabilities 2016: $3,748,272Net Assets 2016: $10,341,9582016Assets 2017: $19,037,269Liabilities 2017: $5,280,154Net Assets 2017: $13,757,1152017Assets 2018: $23,800,632Liabilities 2018: $6,285,903Net Assets 2018: $17,514,7292018Assets 2019: $29,996,250Liabilities 2019: $8,833,192Net Assets 2019: $21,163,0582019Assets 2020: $42,464,550Liabilities 2020: $11,108,345Net Assets 2020: $31,356,2052020Assets 2021: $48,284,483Liabilities 2021: $9,309,706Net Assets 2021: $38,974,7772021Assets 2022: $60,981,617Liabilities 2022: $12,814,775Net Assets 2022: $48,166,8422022Assets 2023: $79,526,557Liabilities 2023: $19,162,884Net Assets 2023: $60,363,6732023Assets 2024: $91,183,295Liabilities 2024: $19,992,270Net Assets 2024: $71,191,0252024Assets 2025: $102,167,305Liabilities 2025: $24,219,065Net Assets 2025: $77,948,2402025

Highlighted filing

2025

Assets$102,167,305
Liabilities$24,219,065
Net Assets$77,948,240

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0Expenses 2010: $7,541,3662010Expenses 2011: $8,044,4442011Expenses 2012: $8,944,5432012Expenses 2013: $9,925,3222013Revenue 2014: $13,095,124Expenses 2014: $12,339,450Net Income 2014: $755,6742014Revenue 2015: $19,305,025Expenses 2015: $18,020,958Net Income 2015: $1,284,0672015Revenue 2016: $24,116,880Expenses 2016: $21,489,833Net Income 2016: $2,627,0472016Revenue 2017: $34,472,930Expenses 2017: $31,077,103Net Income 2017: $3,395,8272017Revenue 2018: $39,094,450Expenses 2018: $35,343,879Net Income 2018: $3,750,5712018Revenue 2019: $46,962,153Expenses 2019: $43,253,615Net Income 2019: $3,708,5382019Revenue 2020: $60,509,430Expenses 2020: $50,557,175Net Income 2020: $9,952,2552020Revenue 2021: $61,896,276Expenses 2021: $54,259,041Net Income 2021: $7,637,2352021Revenue 2022: $75,235,119Expenses 2022: $65,725,284Net Income 2022: $9,509,8352022Revenue 2023: $92,728,304Expenses 2023: $81,232,560Net Income 2023: $11,495,7442023Revenue 2024: $102,921,502Expenses 2024: $93,341,111Net Income 2024: $9,580,3912024Revenue 2025: $114,896,743Expenses 2025: $109,661,476Net Income 2025: $5,235,2672025

Highlighted filing

2025

Revenue$114,896,743
Expenses$109,661,476
Net Income$5,235,267

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$24.2$77.9$115$110$5.24
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.2$20.0$71.2$103$93.3$9.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.5$19.2$60.4$92.7$81.2$11.5
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.0$12.8$48.2$75.2$65.7$9.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.3$9.31$39.0$61.9$54.3$7.64
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.5$11.1$31.4$60.5$50.6$9.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$8.83$21.2$47.0$43.3$3.71
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$6.29$17.5$39.1$35.3$3.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$5.28$13.8$34.5$31.1$3.40
2016Detailed filing. Detailed filing data is available for this year.$14.1$3.75$10.3$24.1$21.5$2.63
2015Detailed filing. Detailed filing data is available for this year.$10.5$2.84$7.68$19.3$18.0$1.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.55$2.54$6.00$13.1$12.3$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$1.96$5.23$9.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$1.39$5.24$8.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.30$1.55$4.75$8.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$0.94$4.34$7.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Dec 15, 2025
Return Version
2024v5.2
Gross Receipts
$122,484,317
Mission and Program Overview

Mission

Nystec's mission is to provide superior engineering, management and consulting services to assist state and local government clients in successfully identifying, defining, acquiring and implementing technology needs. Nystec furthers its charitable purpose by providing assistance to identified strategic projects that strive to enhance technological knowledge and capabilities at all levels of public sector government, thus benefitting the public at large.

Nystec is a not-for-profit technology consulting company, advising organizations, agencies, institutions, and businesses. Nystec's mission is to provide superior consulting services to assist state and government clients in successfully identifying, defining, acquiring and implementing technology needs. We provide services that leverage the knowledge and technology base in new york state to define, develop and enhance high-tech innovation, knowledge, and capabilities throughout all levels of government, buiding a better new york state and strengthening her communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$31,572,020$34,600,547▲ $3,028,527
Accounts Receivable$27,609,532$31,118,217▲ $3,508,685
Investments in Publicly Traded Securities$17,679,026$21,897,906▲ $4,218,880
Cash and Non-Interest-Bearing Accounts$4,794,869$4,763,861▼ $31,008
Prepaid Expenses and Deferred Charges$1,846,897$2,547,447▲ $700,550
Land, Buildings, and Equipment, Net$2,275,996$1,973,895▼ $302,101
Investments Other Securities$1,696,986$1,704,924▲ $7,938
Total Assets$91,183,295$102,167,305▲ $10,984,010
Other Assets Total$3,707,969$3,560,508▼ $147,461
Liabilities
Accounts Payable and Accrued Expenses$16,418,962$20,804,775▲ $4,385,813
Other Liabilities$3,573,308$3,414,290▼ $159,018
Total Liabilities$19,992,270$24,219,065▲ $4,226,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,191,025$77,948,240▲ $6,757,215
Total Net Assets Fund Balance$71,191,025$77,948,240▲ $6,757,215
Total Liabilities and Net Assets / Fund Balance$91,183,295$102,167,305▲ $10,984,010

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,830,009$2,162,560$3,992,569
Equipment$141,971$138,632$280,603
Other Land Buildings$1,915$12,446$14,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin OwensCEO & PresidentFT$486,923$337,573$824,496
Nicholas AlgerDirector of OperationsFT$273,010$149,801$422,811
Charles BarnesManaging Director of Service DeliveryFT$325,220$44,091$369,311
Charles BarnesManaging Director of Service Deliver-$241,144$128,167$369,311
Mark RomanoDirector of Business Development & Strategic RelatFT$306,930$44,086$351,016
Mark RomanoDirector of Business Development & S-$227,510$123,506$351,016
Jasminka HusicCFO, Director of Finance and Business IntelligenceFT$276,724$41,770$318,494
Jasminka HusicCFO, Director of Finance and Busines-$211,750$106,744$318,494
Shannon KelleyDirector of StrategyFT$215,615$95,901$311,516
Sarah GoffDirector of Service DeliveryFT$194,067$96,123$290,190
Patrick CorreiaDirector of Service DeliveryFT$197,221$90,541$287,762
Bradley DuerrDirector of Service DeliveryFT$194,067$89,896$283,963
Susan KaravolasDeputy Chief People OfficerFT$187,269$79,160$266,429
Glinnesa GailliardGeneral CounselFT$186,558$70,883$257,441
Robert ZeglenPractice LeaderFT$191,346$63,853$255,199
William PirilloBoard ChairPT$48,188-$48,188
Scott MccartneyBoard MemberPT$43,679-$43,679
Thomas TriscariBoard MemberPT$36,337-$36,337
Lisa MarrelloBoard Member-$35,000-$35,000
Saleem CheeksBoard Member-$32,653-$32,653
Heather DussaultBoard Member-$27,540-$27,540
Donald HansonBoard Member-$24,375-$24,375
Kimberly BoyntonBoard Member-$23,208-$23,208
MAUREEN O'BRIENBoard Member-$21,748-$21,748

Highest Paid Contractors

ContractorServicesLocationCompensation
Cloud And ThingsTechnology Consulting15 YARDLEY CT, Loudonville, NY 12211$4,630,193
Genesys Consulting ServicesTechnology Consulting1 MARCUS BOULEVARD SUITE 102, Albany, NY 12205$3,644,496
Speridian Technologies LLCTechnology Consulting2400 LOUISIANA BLVD NE BLDG 3, Albuquerque, NM 87110$2,695,329
Total Quality Associates INCTechnology Consulting20 CORPORATE WOODS BLVD, Albany, NY 12211$2,424,199
Themesoft INCTechnology Consulting5151 HEADQUARTERS DR SUITE 210, Plano, TX 75024$2,277,163
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$112,905,450
Investment Income
$1,987,293
Other Revenue
$4,000
Change in Net Assets
$5,235,267

Audited Revenue Reconciliation

Revenue per Audited Statements
$114,807,722
Revenue Not Reported on Financial Statements
$89,021
Revenue Not Reported on Form 990
$1,521,948
Total Revenue per Audited Statements
$116,329,670
Total Revenue per Form 990
$114,896,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$62,136,707
Other Expenses$46,825,249
Grants and Similar Amounts Paid$699,520
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,225,051$9,777,693-$47,002,744
Fees for Services Other$33,187,007$2,686,847-$35,873,854
Other Employee Benefits$3,580,422$948,421-$4,528,843
Pension Plan Contributions$3,102,314$821,775-$3,924,089
Payroll Taxes$2,686,227$711,557-$3,397,784
Current Officers, Directors, Trustees, and Key Employees$2,600,493$682,754-$3,283,247
Travel$1,025,617$500,561-$1,526,178
Occupancy$1,127,182$281,796-$1,408,978
Grants to Domestic Orgs$699,520--$699,520
All Other Expenses-$619,347-$619,347
Depreciation Depletion$410,893$102,723-$513,616
Other Expenses$303,926$75,982-$379,908
Office Expenses$277,344$80,328-$357,672
Advertising-$326,683-$326,683
Insurance$244,571$61,143-$305,714
Information Technology$134,728$56,575-$191,303
Fees for Services Legal-$89,962-$89,962
Fees for Service Investment Mgmnt Fees-$89,021-$89,021
Fees for Services Accounting-$48,379-$48,379
Total Functional Expenses$90,184,199$19,477,277$0$109,661,476

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$109,661,476
Expenses per Audited Statements$109,572,455
Total Expenses per Audited Statements$109,572,455
Expenses Not Reported on Financial Statements$89,021
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Suny Poly FoundationUtica, NY501(c)(3)$25K FUNDING FOR ENDOWED NYSTEC SCHOLARSHIP PLUS $15K STEM PROGRAMMING FUNDING; $150K NEW BUSINESS CENTER OF EXCELLENCE$190,000
Rome Health FoundationRome, NY501(c)(3)DONATION FOR NEW SURGICAL CENTER ($100K) AND GENERAL PROGRAM SUPPORT ($3,500)$103,500
Ymca of the Greater Tri-valleyRome, NY501(c)(3)Capital Campaign - Rome Center Renovations$100,000
Project Fibonacci Foundation IncRome, NY501(c)(3)Steam Youth Leadership Conferences and General Program Support$53,000
Griffiss Institute IncRome, NY501(c)(3)$27K FOR TRANSPORTATION COSTS FOR TWO SUMMER INTERNSHIP PROGRAMS, THE REST IS GENERAL PROGRAM SUPPORT$30,000
Le Moyne CollegeSyracuse, NY501(c)(3)Erie21 Program Support$25,000
Office of General ServicesAlbany, NYNew York State OgsCommunity Event Sponsorships$25,000
To Life IncDelmar, NY501(c)(3)General Program Support$25,000
American Cancer SocietyAltlanta, GA501(c)(3)Relay for Life (general Program Support)$18,295
Mohawk Valley EdgeRome, NY501(c)(3)General Program Support$15,000
AMERICA'S VETDOGSSmithtown, NY501(c)(3)General Program Support$10,500
The Genesis GroupUtica, NY501(c)(3)General Program Support$6,500
JANA'S WAYIlion, NYOtherTo Support Jana Behe Memorial Scholarship, Little Falls Middle School, and Utica City Youth Bureau$5,860
Homeless and Travelers Aid SocietyAlbany, NY501(c)(3)General Prrogram Support$5,625
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lisa MarrelloBoard Member and Managing PartnerConsulting Services Agreement for Business DevelopmentYes$64,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$3,414,290
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors receives and reviews a copy of the form 990 before filing.

Form 990, Part VI, Section B, Line 12C

REVIEW ANNUAL DISCLOSURE

Form 990, Part VI, Section B, Line 15

Nystec hires an hr consulting company to prepare a compensation study for the ceo, officers and directors, and all other employees. The consulting company works from a set of assumptions (revenue size, number of employees, location, not-for-profit status, service area) to develop a relevant peer group in order to compare base compensation, incentives and benefits to market average. Recommendations are made as a result of this process, and adjustments are discussed and implemented. The board of directors approves the salaries for the ceo and other disqualified persons.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
New York State Technology Enterprise
EIN
16-1521105
Phone
3153385818
Address
99 OTIS STREET 2ND FLOOR, ROME, NY 13441

Signing Officer

Name
Kevin Owens
Title
President and CEO
Phone
3153385818
Signed
2025-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Owens
Formed
1996
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
450
Volunteers
0

Preparer

Firm
Bst & Co Cpas Llp
Address
10 BRITISH AMERICAN BLVD, LATHAM, NY 12110
Preparer
Nicholas Murabito
Phone
5184596700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Subcontractors & consultants: program service expenses 32,992,827. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,992,827. Other professional fees: program service expenses 194,180. Management and general expenses 2,686,847. Fundraising expenses 0. Total expenses 2,881,027.

FORM 990, PART XI, LINE 9:

Gain on investment in affiliate 7,938.

Financial Statement Notes

PART X, LINE 2:

The corporation files form 990 annually with the internal revenue service. When annual returns are filed, some tax positions taken are highly certain to be sustained upon examination by the taxing authorities, while other tax positions are subject to uncertainty about the technical merits of the position or amount of the position's tax benefit that would ultimately be sustained. Management evaluated the corporation's tax positions, including interest and penalties attributable thereto, and concluded that the corporation had taken no tax position that required adjustments in its financial statements as of september 30, 2025 and 2024 .

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Gain (loss) on investment in affiliate 7,938.

Raw XML AppendixShowing 400 of 999 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3TOTAL QUALITY ASSOCIATES INC
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IRS990/ContractorCompensationGrp/ServicesDesc2TECHNOLOGY CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc3TECHNOLOGY CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc4TECHNOLOGY CONSULTING
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IRS990/Desc0THE NEW YORK STATE TECHNOLOGY ENTERPRISE CORPORATION PROVIDES CONSULTING SERVICES THAT LEVERAGE THE KNOWLEDGE AND TECHNOLOGY BASE IN NEW YORK STATE, INCLUDING AIR FORCE RESEARCH LABORATORY RI DIRECTORATE, TO DEFINE AND DEVELOP NEW HIGH-TECH SOLUTIONS FOR CLIENTS THROUGHOUT ALL LEVELS OF GOVERNMENT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO, DIRECTOR OF FINANCE AND BUSINESS INTELLIGENCE
IRS990/Form990PartVIISectionAGrp/TitleTxt11GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF BUSINESS DEVELOPMENT & STRATEGIC RELAT
IRS990/Form990PartVIISectionAGrp/TitleTxt14MANAGING DIRECTOR OF SERVICE DELIVERY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF SERVICE DELIVERY
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF SERVICE DELIVERY
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF SERVICE DELIVERY
IRS990/Form990PartVIISectionAGrp/TitleTxt19DEPUTY CHIEF PEOPLE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRACTICE LEADER
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IRS990/MissionDesc0NYSTEC IS A NOT-FOR-PROFIT TECHNOLOGY CONSULTING COMPANY, ADVISING ORGANIZATIONS, AGENCIES, INSTITUTIONS, AND BUSINESSES. NYSTEC'S MISSION IS TO PROVIDE SUPERIOR CONSULTING SERVICES TO ASSIST STATE AND GOVERNMENT CLIENTS IN SUCCESSFULLY IDENTIFYING, DEFINING, ACQUIRING AND IMPLEMENTING TECHNOLOGY NEEDS. WE PROVIDE SERVICES THAT LEVERAGE THE KNOWLEDGE AND TECHNOLOGY BASE IN NEW YORK STATE TO DEFINE, DEVELOP AND ENHANCE HIGH-TECH INNOVATION, KNOWLEDGE, AND CAPABILITIES THROUGHOUT ALL LEVELS OF GOVERNMENT, BUIDING A BETTER NEW YORK STATE AND STRENGTHENING HER COMMUNITIES.
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