You are now searching

   

New York BBB Wise Giving Report for
Citizens Committee for New York City

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
02/2015
Name:
Citizens Committee for New York City
Formerly known as:
Citizens for NYC
Address:
77 Water Street Suite 202
New York, NY 10005
Phone:
212-989-0909
Year, State Incorporated:
1975, New York
Affiliates:
None
Stated Purpose:
" Supports self-help and civic action to improve the quality of life in New York City and its neighborhoods. "






Evaluation Conclusions
 

              
Citizens Committee for New York City meets the 20 Standards for Charity Accountability.




Programs
 

              
Citizens Committee for New York City (Citizens for NYC) funds nearly 300 projects in 111 neighborhoods including programs that feed the hungry, defend the rights of immigrant New Yorkers, restore the Flushing River, persuade kids to stay in school and go to college, and engage more New Yorkers in the civic life of the city.



Governance
 

              
Chief Executive Officer:
Mr. Peter H. Kostmayer, CEO
Compensation*:
$187,425
Chair of the Board:
Mr. Henry Cornell
Chair's Profession / Business Affiliation:
Goldman Sachs & Co.
Board Size:
30
Paid Staff Size:
10



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Invitations to fund raising events, grant proposals
Fund raising costs were 8.5% of related contributions. (Related contributions, which totaled $2,696,159, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Citizen's Committee for New York City's Audited Financial Statements for the fiscal year ended September 30, 2011.

Source of Funds  

Fundraising Events

$1,205,790

Foundations

574,420

Government Grants

365,112

Corporations

322,254

In-kind Donations

222,693

Investment Income

16,696

Individuals

5,890

Miscellaneous Income

397

Rental Income

Charitable Remainder unitrust

(17,000)

Total Income

$2,696,252

Program Expenses  

Program Services

$1,762,380
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

1,762,380
228,056
199,316

$2,189,752

$506,500




Uses of Funds as a % of Total Expenses


Programs: 81%  Fund Raising: 10%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $2,596,187
Ending net assets 3,102,687
Total liabilities 130,202

Total assets

$3,232,889






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.