Civic Intelligence

The Albany Waterway Inc

EIN 88-2772114 • 501(c)3 • Albany, NY

Profile

The Corporation is formed to create and realize an inclusive, transformative economic impact in the Capital City of the Empire State and beyond, by introducing the Albany Waterway connecting the Hudson River with the origins of the original Erie Canal.

121 State StreetAlbany, NY 12207

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.04x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE C32 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.05x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE C32 • <$500k nonprofits • Source year 2024

Net Margin

95th percentile

90%

Higher net margin than 95% of similar nonprofits.

NTEE C32 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE C32 • <$500k nonprofits • Source year 2024

Asset Growth

90th percentile

274%

Faster asset growth than 90% of similar nonprofits.

NTEE C32 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

399%

Faster revenue growth than 95% of similar nonprofits.

NTEE C • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$55,001

Up $40,278 (+274%) from 2023

Liabilities

Flat

$2,250

Flat from 2023

Net Assets

Up

$52,751

Up $40,278 (+323%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin95th percentile

Revenue

Up

$44,808

Up $35,822 (+399%) from 2023

Expenses

Up

$4,530

Up $1,897 (+72%) from 2023

Net Income

Up

$40,278

Up $33,925 (+534%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$60K$40K$20K$0Assets 2022: $8,370Liabilities 2022: $2,250Net Assets 2022: $6,1202022Assets 2023: $14,723Liabilities 2023: $2,250Net Assets 2023: $12,4732023Assets 2024: $55,001Liabilities 2024: $2,250Net Assets 2024: $52,7512024

Highlighted filing

2024

Assets$55,001
Liabilities$2,250
Net Assets$52,751
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$60K$40K$20K$0Revenue 2022: $8,370Expenses 2022: $2,250Net Income 2022: $6,1202022Revenue 2023: $8,986Expenses 2023: $2,633Net Income 2023: $6,3532023Revenue 2024: $44,808Expenses 2024: $4,530Net Income 2024: $40,2782024

Highlighted filing

2024

Revenue$44,808
Expenses$4,530
Net Income$40,278
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,001
Liabilities
$2,250
Net assets
$52,751
Revenue
$44,808
Expenses
$4,530
Net income
$40,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$55.0$2.25$52.8$44.8$4.53$40.3
2023Detailed filing. Detailed filing data is available for this year.$14.7$2.25$12.5$8.99$2.63$6.35
2022Detailed filing. Detailed filing data is available for this year.$8.37$2.25$6.12$8.37$2.25$6.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.1
Gross Receipts
$44,808
Mission and Program Overview

Mission

The Corporation is formed to create and realize an inclusive, transformative ecomonic impact in the Capitol City of the Empire State and beyond, by introducing the Albany Waterway connecting the Hudson River with the origins of the original Erie Canal.

The Corporation is formed to create and realize an inclusive, transformative economic impact in the Capital City of the Empire State and beyond, by introducing the Albany Waterway connecting the Hudson River with the origins of the original Erie Canal.

Program Services

DescriptionGrantsExpenses
Create and implement a vision of a waterway taking advantage of public support, in order to revitalize The City of Albany.-$4,530
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARTLEY J COSTELLO ESQPresident-$0--
PAUL GRONDAHLVice President-$0--
CHET OPALKADirector-$0--
ERIC SIMONDSTreasurer-$0--
MARCUS PRYORDirector-$0--
JILL DELANEYDirector-$0--
DENIS FOLEYDirector-$0--
LEN TANTILLODirector-$0--
PETER C BROWNDirector-$0--
RAYMOND J KINLEY JRDirector-$0--
RICHARD BOURGEOISDirector-$0--
F ANDREW WOLFEDirector-$0--
LOLA BRABHAMDirector-$0--
PAM HOWARDSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Albany Waterway Inc
EIN
88-2772114
Phone
5185989985
Address
121 STATE STREET, ALBANY, NY 12207

Signing Officer

Name
Bartley J Costello Esq
Title
President
Signed
2025-04-24
Discuss with paid preparer
Yes

Preparer

Firm
Walquist & Renodin PC
Address
284 State St, Albany, NY 12210
Preparer
James Alund CPA
Phone
5184341269
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2975”

Other Expenses.1003

“Information Technology $689”

Total Liabilities.1

“ACCOUNTS PAYABLE - Beginning $2250 ACCOUNTS PAYABLE - Ending $2250”

Raw XML Appendix184 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03664
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARTLEY J COSTELLO ESQ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ALBANY WATERWAY INC
ReturnHeader/Filer/BusinessNameControlTxt0ALBA
ReturnHeader/Filer/EIN0882772114
ReturnHeader/Filer/PhoneNum05185989985
ReturnHeader/Filer/USAddress/AddressLine1Txt0121 STATE STREET
ReturnHeader/Filer/USAddress/CityNm0ALBANY
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ReturnHeader/PreparerPersonGrp/PhoneNum05184341269
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James Alund CPA
ReturnHeader/ReturnTs02025-04-24T08:28:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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