About Us - Economic Impact Statement

NENY Consortium's Economic and Intellectual Impact on New York State

  Statistics Total
1. Total current no. of employees: Over 3,500
2. No. of employees with advanced degrees: Over 1,900
3. Typical examples of schools attended: University at Albany, RPI, Union, RIT, SUNY, Syracuse, Clarkson, Penn State, Brooklyn Polytech, NYU, Hofstra, NY Institute of Technology, CCNY, SCCC, HVCC, Brown, Princeton, University of Illinois, University of Michigan, University of Rochester, MIT, Stevens, Pratt, Cornell, Yale, Harvard, Stanford, Albany Law, New Mexico Institute of Mining and Technology
4. Average salary per employee: ~$70,000
5. Total wages paid to employees over last 5 years (or since inception): ~$1,000,500,000
6. Total New York State income taxes paid by employees over last 5 years (or since inception): ~ $63,300,000
7. Total goods/supplies bought from New York State vendors over last 5 years (or since inception) ~ $278,500,000
8. Total operational expenses over last 5 years (or since inception): ~$2,451,400,000
9. Total capital expenses over last 5 years (or since inception): Over $469,415,000
10. Total federal funding/grants received over last 5 years (or since inception): Over $375,556,000