New York Building Congress Inc is located in New York, NY. The organization was established in 1942. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2021, New York Building Congress Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Building Congress Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, New York Building Congress Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NETWORKING EVENTS-FORUMS, LEADERSHIP LUNCH, PUBLICATIONS AND RESEARCH - ANNUAL REPORT, CONSTRUCTION OUTLOOK, UPDATES INDUSTRY ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES INCLUDE INDUSTRY PROMOTION, GOVERNMENT RELATIONS, PUBLIC RELATIONS, MEMBERSHIP DIRECTORY AND OTHER RELATED SERVICES BENEFITTING THE MEMBERS.
THE BREAKFAST MEETINGS PROVIDE A UNIQUE FORUM TO ADVANCE AN INDUSTRY-WIDE AGENDA FOCUSING ON ECONOMIC AND INFRASTRUCTURE INVESTMENT, JOB CREATION AND PROFESSIONAL EXCHANGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlo A Scissura ESQ President & CEO | OfficerTrustee | 35 | $850,629 |
Jeanine Badalamenti Executive VP | Officer | 35 | $222,673 |
Michael Pantelidis Snr Vp/chief Of Staff | Officer | 35 | $204,382 |
Alanna Draudt VP Of Programming & Foundation | 35 | $119,986 | |
Anasa Welch Director Of Finance | 35 | $113,015 | |
Ilan Stern VP Of Operations | 35 | $110,853 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $125,829 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $125,829 |
Total Program Service Revenue | $2,247,525 |
Investment income | $61,622 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $75,262 |
Net Income from Fundraising Events | $2,316,357 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,826,595 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,431,373 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,078,233 |
Pension plan accruals and contributions | $160,879 |
Other employee benefits | $191,906 |
Payroll taxes | $150,482 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $35,430 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,725 |
Fees for services: Other | $182,038 |
Advertising and promotion | $0 |
Office expenses | $279,739 |
Information technology | $37,146 |
Royalties | $0 |
Occupancy | $576,214 |
Travel | $44,547 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $279,860 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,279 |
Insurance | $12,675 |
All other expenses | $69,070 |
Total functional expenses | $4,760,173 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $404,011 |
Savings and temporary cash investments | $120,899 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $81,259 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $70,507 |
Net Land, buildings, and equipment | $21,203 |
Investments—publicly traded securities | $2,368,180 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,066,059 |
Accounts payable and accrued expenses | $511,601 |
Grants payable | $0 |
Deferred revenue | $570,712 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $353,128 |
Total liabilities | $1,435,441 |
Net assets without donor restrictions | $1,630,618 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,066,059 |
Over the last fiscal year, we have identified 2 grants that New York Building Congress Inc has recieved totaling $19,250.
Awarding Organization | Amount |
---|---|
Kpf Foundation New York, NY PURPOSE: GENERAL USE | $12,500 |
Health Insurance Plan Of Greater New York New York, NY PURPOSE: GENERAL SUPPORT | $6,750 |
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