City Futures Inc, operating under the name Center For An Urban Future, is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Center For An Urban Future employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For An Urban Future 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 06/2021, Center For An Urban Future generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 0.1% per year over the past 6 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
CITY FUTURES, INC. IS A CATALYST FOR SMART AND SUSTAINABLE POLICIES THAT REDUCE INEQUALITY, INCREASE ECONOMIC MOBILITY AND GROW THE ECONOMY IN NEW YORK CITY. AN INDEPENDENT, NONPARTISAN POLICY ORGANIZATION, CUF USES FACT-BASED RESEARCH TO ELEVATE IMPORTANT AND OFTEN OVERLOOKED ISSUES ONTO THE RADAR OF POLICYMAKERS AND ADVANCE PRACTICAL SOLUTIONS THAT STRENGTHEN NEW YORK AND HELP ALL NEW YORKERS PARTICIPATE IN THE CITY'S RISING PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR MORE THAN 20 YEARS, CUF HAS CONSISTENTLY SHAPED THE POLICY DEBATE AROUND ECONOMIC OPPORTUNITY IN NEW YORK BY PUBLISHING REPORTS THAT ARE WIDELY COVERED IN THE MEDIA, HIGHLY READABLE AND ANCHORED IN RIGOROUS RESEARCH RATHER THAN PRECONCEIVED NOTIONS ABOUT OUTCOME. CUF'S EFFORTS TO CREATE A MORE PROSPEROUS, EQUITABLE AND INCLUSIVE NEW YORK SPAN MANY TOPICS AND POLICY AREAS, AND ARE UNIFIED BY THEIR COMMON AIMS: GROWING NEW YORK CITY'S ECONOMY AND BOOSTING THE NUMBER OF MIDDLE INCOME JOBS; HELPING MORE PEOPLE DEVELOP THE SKILLS AND CREDENTIALS NEEDED TO ACCESS CAREERS THAT PUT THEM ON THE PATH TO THE MIDDLE CLASS; AND MAKING NEW YORK CITY AND ITS MANY AND DIVERSE NEIGHBORHOODS A BETTER PLACE TO LIVE. CUF'S REPORTS DO NOT SIT ON A SHELF; THEY ARE ACTION-ORIENTED DOCUMENTS THAT ROUTINELY SPARK POLICY CHANGES AND SERVE AS AN INVALUABLE RESOURCE FOR GOVERNMENT OFFICIALS, NONPROFIT PRACTITIONERS, BUSINESS LEADERS AND PHILANTHROPIC LEADERS AS THEY ADVOCATE FOR, AND IMPLEMENT POLICIES FOR, ADDRESSING NEW YORK'S BIGGEST OPPORTUNITIES AND CHALLENGES. OUR WORK HAS INFLUENCED THE CREATION OF NEW ECONOMIC DEVELOPMENT INITIATIVES FOR LOW-INCOME ENTREPRENEURS, PAVED THE WAY FOR AN EXPANSION OF YOUTH WORKFORCE DEVELOPMENT PROGRAMS AND SPARKED NEW POLICIES TO SUPPORT AGING IMMIGRANTS. RECENTLY, OUR WORK DOCUMENTED THE VITAL ROLE OF BRANCH LIBRARIES IN EMPOWERING DISADVANTAGED NEW YORKERS AND LAID THE GROUNDWORK FOR THE LARGEST EVER INCREASE IN FUNDING FOR THE CITY'S PUBLIC LIBRARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathan Bowles Executive Director | OfficerTrustee | 40 | $176,085 |
Eli Dvorkin Editorial & Policy Directo | 40 | $113,669 | |
Gifford Miller Chairman | OfficerTrustee | 2 | $0 |
Michael Connor Vice Chair | OfficerTrustee | 2 | $0 |
Max Neukirchen Treasurer | OfficerTrustee | 2 | $0 |
John H Alschuler Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $135,740 |
All other contributions, gifts, grants, and similar amounts not included above | $1,358,395 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,494,135 |
Total Program Service Revenue | $0 |
Investment income | $262 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,494,399 |
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. | $211,620 |
Compensation of current officers, directors, key employees. | $10,699 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $359,135 |
Pension plan accruals and contributions | $6,462 |
Other employee benefits | $62,373 |
Payroll taxes | $45,378 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $69,024 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $327,500 |
Advertising and promotion | $1,135 |
Office expenses | $13,969 |
Information technology | $16,361 |
Royalties | $0 |
Occupancy | $76,783 |
Travel | $97 |
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 | $89 |
Insurance | $14,398 |
All other expenses | $156 |
Total functional expenses | $1,252,546 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,125,419 |
Savings and temporary cash investments | $613,816 |
Pledges and grants receivable | $123,352 |
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 | $39,348 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,901,935 |
Accounts payable and accrued expenses | $43,725 |
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 | $0 |
Total liabilities | $43,725 |
Net assets without donor restrictions | $1,158,674 |
Net assets with donor restrictions | $699,536 |
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 | $1,901,935 |
Over the last fiscal year, we have identified 5 grants that City Futures Inc has recieved totaling $240,250.
Awarding Organization | Amount |
---|---|
Fisher Brothers Foundation Inc New York, NY PURPOSE: GENERAL | $150,000 |
Altman Foundation New York, NY PURPOSE: TO SUPPORT EFFORTS TO ADVANCE FACT-BASED, RESPONSIVE AND ACTIONABLE POLICY IDEAS FOR ENSURING AN INCLUSIVE AND EQUITABLE RECOVERY IN NEW YORK | $30,000 |
The Laurie M Tisch Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $25,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,250 |
Organization Name | Assets | Revenue |
---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |