Visit Nyack Inc
- Assets
- $8.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nyack, NY
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-1909575
Organization Overview
Visit Nyack Inc is located in Nyack, NY. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Nyack 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, Visit Nyack Inc generated $51.4k 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 (14.7%) each year. All expenses for the organization totaled $51.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
VISIT NYACK WAS FORMED AS A MARKETING COOPERATIVE BY ACADA, FRIENDS OF THE NYACKS, NYACK CHAMBER OF COMMERCE, NYACK HOSPITAL, NYACK LIBRARY AND THE VILLAGE OF NYACK.ONE INITIATIVE IS TO DEVELOP A DISTINCT NYACK BRAND THAT WILL BE USED BY CONSTITUENCIES TO PROMOTE NYACK AND INCREASE COMMERCE.IN ADDITION, VISIT NYACK HAS DEVELOPED A STREET BANNER PROGRAM TO BEAUTIFY THE VILLAGE AND INCREASE COMMERCE.FURTHER, VISIT NYACK COLLABORATES WITH LOCAL AND REGIONAL ENTITIES TO PURSUE TOURISM INITIATIVES.FINALLY, VISIT NYACK CONDUCTS AN ANNUAL TOURISM MARKETING CAMPAIGN THAT CONSIST OF TRADITIONAL MEDIA, SOCIAL MEDIA AND DIGITAL MARKETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Cohen Officer | 2 | $0 | |
Thomas Schneck Officer | 2 | $0 | |
John Dunnigan Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,052 |
| Total Program Service Revenue | $7,304 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,213 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,444 |
| Total expenses | $51,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,717 |
| Other assets | $0 |
| Total assets | $8,717 |
| Total liabilities | $7,000 |
| Net assets or fund balances | $1,717 |
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