Gleif Americas A New Jersey Nonprofit Corporation
- Assets
- $743.2k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- EIN
- 85-0902959
Organization Overview
Gleif Americas A New Jersey Nonprofit Corporation is located in New York, NY. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Gleif Americas A New Jersey Nonprofit Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gleif Americas A New Jersey Nonprofit Corporation 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, Gleif Americas A New Jersey Nonprofit Corporation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 37.9% per year over the past 2 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
GLEIF'S MISSION IS TO PROVIDE TRUSTED SERVICES AND OPEN RELIABLE DATA FOR UNIQUE LEGAL ENTITY IDENTIFICATION WORLDWIDE. IT DOES THIS BY MANAGING A NETWORK OF PARTNERS, KNOWN AS THE LEI ISSUING ORGANIZATIONS THEREBY ENSURING THE INTEGRITY OF THE GLOBAL LEI SYSTEM. GLEIF PROMOTES BROAD LEI ADOPTION IN THE PRIVATE SECTOR TO GENERATE SIGNIFICANT ADVANTAGES FOR THE WIDER BUSINESS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLEIF AMERICAS' STRATEGIC GOAL IS TO RAISE AWARENESS AND PROMOTE THE USE OF THE LEGAL ENTITY IDENTIFIER (LEI) IN THE AMERICAS'BASED ON PRIVATE AND PUBLIC SECTORS AND TO DRIVE THE STRATEGIC USE OF THE LEI IN DIGITAL IDENTIFICATION. TO ACHIEVE THIS GOAL, GLEIF AMERICAS' PRIMARY PLANNED ACTIVITIES FOCUS ON ITS ON-THE-GROUND ENGAGEMENT AND COLLABORATION WITH U.S. FINANCIAL INSTITUTIONS TO EDUCATE ON THE VALUE LEIS DELIVER BEYOND REGULATED USE IN CAPITAL MARKETS. THIS ACTIVITY WILL BE ACCOMPLISHED THROUGH MEETINGS, NATIONAL SPEAKING, CONFERENCES, WEBINARS, AND WEBCASTS. IN ADDITION, GLEIF AMERICAS' PLANNED ACTIVITIES COMPRISE PROOF- OF -CONCEPT AND PILOT PROGRAMS FOR FINANCIAL INSTITUTIONS WISHING TO USE THE LEI MORE BROADLY ACROSS ALL FINANCIAL SERVICES AND BUSINESSES SUCH AS TRADE FINANCING, BANKING, AND PAYMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karla Mckenna Vice President | OfficerTrustee | 40 | $263,683 |
Peter Warms Business Development Manager | 40 | $229,208 | |
Philip Feairheller Software Developer | 40 | $109,436 | |
Kevin Griffin Software Developer | 40 | $103,093 | |
Stephan Wolf President | OfficerTrustee | 5 | $0 |
Annette Booth Treasurer | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,398,634 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,398,634 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,398,634 |
| 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. | $263,683 |
| Compensation of current officers, directors, key employees. | $26,368 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $687,004 |
| Pension plan accruals and contributions | $28,976 |
| Other employee benefits | $11,319 |
| Payroll taxes | $81,693 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,477 |
| Fees for services: Accounting | $75,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $175,010 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $5,211 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,332,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $716,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,328 |
| 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 | $2,497 |
| Net Land, buildings, and equipment | $22,454 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $743,178 |
| Accounts payable and accrued expenses | $209,132 |
| 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 | $427,423 |
| Total liabilities | $636,555 |
| Net assets without donor restrictions | $0 |
| 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 | $5,000 |
| Retained earnings, endowment, accumulated income, or other funds | $101,623 |
| Total liabilities and net assets/fund balances | $743,178 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Services Organizations Inc New York, NY | $7,357,534 | $4,376,514 |
Partnerships For A Skilled Workforce Inc Marlborough, MA | $388,132 | $2,174,358 |
Pittsburgh Leadership Fund Oakmont, PA | $0 | $249,472 |
Gleif Americas A New Jersey Nonprofit Corporation New York, NY | $743,178 | $1,398,634 |
A Better City Initiative Inc Boston, MA | $169,877 | $99,202 |
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Centerstate Ceo Foundation Inc Syracuse, NY | $1,524,975 | $245,775 |
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