Womens City Club Of New York Inc
- Assets
- $13.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 8
- Location
- New York, NY
- Founding
- 02/1952
- Data as of
- 12/2021
- EIN
- 13-1484145
Organization Overview
Womens City Club Of New York Inc is located in New York, NY. The organization was established in 1952. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Womens City Club Of New York Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens City Club Of New York Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Womens City Club Of New York Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $964.1k during the year ending 12/2021. 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
WOMEN CREATING CHANGE IS AN INCLUSIVE COMMUNITY THAT PARTNERS WITH ORGANIZATIONS AND WITH NEW YORK CITY WOMEN WHO HAVE BEEN SYSTEMATICALLY EXCLUDED FROM CIVIC PROCESSES TO DEVELOP PROGRAMS AND INFLUENCE POLICIES THAT RESULT IN MORE EQUITABLE CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WCC PUBLISHED A BLUEPRINT FOR WOMENS CIVIC ENGAGEMENT IN NEW YORK CITY. THEBLUEPRINTEXAMINES THE LANDSCAPE OF WOMENS CIVIC ENGAGEMENT IN NEW YORK CITYFOCUSING ON THOSE WHO HAVE BEEN SYSTEMICALLY EXCLUDED FROM CIVIC PROCESSES.WCC ORGANIZED AND MANAGED THE CIVIC MATTERS COMMUNITY WORKSHOP SERIES AND ITS CORRESPONDING DESIGN TEAM. WCCS CIVIC MATTERS WORKSHOPS ARE SAFE SPACES WHERE WOMEN CAN GATHER TO LEARN, NETWORK, AND ORGANIZE TO CREATE CHANGE IN THEIR COMMUNITIES.LASTLY, WCC ORGANIZED MULTIPLE VIRTUAL EVENTS TO EDUCATE NEW YORKERS ON A WIDE ARRAY OF TOPICS RELATING TO CIVIC ENGAGEMENT IN NEW YORK CITY, INCLUDING THE 2021 ELECTIONS AND BOARD OF ELECTION REFORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole J Wacey President & CEO | OfficerTrustee | 50 | $193,209 |
Sruthi Lanka Secretary | OfficerTrustee | 5 | $0 |
Sabrina Stratton Treasurer | OfficerTrustee | 1 | $0 |
Margaret Caspler Vice Chair | OfficerTrustee | 5 | $0 |
Deborah Martin Owens Chair | OfficerTrustee | 5 | $0 |
Julia Kagan Baumann Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $136,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,614 |
| Total Program Service Revenue | $0 |
| Investment income | $209,298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,334,195 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,755,107 |
| 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. | $222,750 |
| Compensation of current officers, directors, key employees. | $11,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,934 |
| Pension plan accruals and contributions | $3,726 |
| Other employee benefits | $43,067 |
| Payroll taxes | $35,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,341 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,961 |
| Fees for services: Other | $11,273 |
| Advertising and promotion | $0 |
| Office expenses | $10,369 |
| Information technology | $35,384 |
| Royalties | $0 |
| Occupancy | $65,767 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,240 |
| Insurance | $6,866 |
| All other expenses | $0 |
| Total functional expenses | $964,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,356 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| Accounts receivable, net | $0 |
| 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 | $5,317 |
| Net Land, buildings, and equipment | $16,451 |
| Investments—publicly traded securities | $13,085,175 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,494 |
| Total assets | $13,192,793 |
| Accounts payable and accrued expenses | $46,149 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,026 |
| Total liabilities | $55,175 |
| Net assets without donor restrictions | $13,002,410 |
| Net assets with donor restrictions | $135,208 |
| 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 | $13,192,793 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Womens City Club Of New York Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $11,738,510 |
| Earnings | $1,939,641 |
| Other Expense | $600,000 |
| Ending Balance | $13,078,151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Committee Of The Lehigh Valley Inc Bethlehem, PA | $24,914,072 | $40,517,893 |
Nyc & Company Inc New York, NY | $15,500,744 | $29,142,880 |
Real Estate Board Of New York Inc New York, NY | $13,608,943 | $14,285,773 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |