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Nypen Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050549302 ✦ Scarsdale, NY ✦ Designated as a 501(c)(6)

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Overview

What is Nypen Inc?

Nypen Inc, located at 1 Dolma Road, Scarsdale, NY 10583, is a nonprofit organization dedicated to serving the private equity industry. Their primary focus is promoting industry interests through organizing educational seminars, offering participants the opportunity to engage in complex, skills-based discussions on various topics related to principal investments within private capital markets. By hosting these events, Nypen Inc aims to bolster the knowledge and capabilities of its members in the private equity sector.


Official website here: www.nypen.org

Is Nypen Inc legitimate?

Nypen Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nypen Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nypen.org

What is the mission statement of Nypen Inc?

Nypen Inc's mission is centered around promoting the interests of the private equity industry. They accomplish this by organizing educational seminars aimed at providing in-depth, skill-based knowledge on various aspects of making principal investments within private capital markets. These events serve as a platform for networking among industry members, fostering an environment for the exchange of ideas and best practices.


Official website here: www.nypen.org

Who is the CEO of Nypen Inc?

Greg Hersly is the Secretary/Treasurer of Nypen Inc.


Official website here: www.nypen.org

What is the revenue of Nypen Inc?

Nypen Inc's revenue in 2022 was $385,006.


Official website here: www.nypen.org

Who are the executives of Nypen Inc and what are their salaries?


Here are 5 key members and their salaries:


Greg Hersly (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Relyea (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Zegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Bernstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nypen.org

Where can I find the form 990 for Nypen Inc?

Nypen Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nypen.org

Learn more at the official website: www.nypen.org

Mission Statement of Nypen Inc

Nypen Inc, a notable entity in the private equity industry, is committed to advancing its interests. At the heart of its mission, Nypen Inc focuses on organizing educational seminars. These events serve as a platform for the organization to engage with its members, delivering intricate and skill-based lessons on various aspects of private capital markets. The primary objective of these seminars is to facilitate the practice of principal investments within the private equity sector. By providing these educational opportunities, Nypen Inc plays a significant role in fostering knowledge and collaboration within the private equity industry.

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Impact




October, 2024

Nypen Inc significantly influences the private equity industry by offering valuable educational seminars and networking events tailored to the specific needs of its members. By focusing on complex, skills-based training, Nypen Inc enhances the knowledge and expertise of professionals engaged in principal investments within private capital markets.

Through its initiatives, Nypen Inc fosters a deeper understanding of industry practices, thereby promoting best practices and innovative strategies among its members. The focus on community improvement is also evident as these educational opportunities not only boost individual member growth but also contribute to the overall advancement of the private equity sector in Scarsdale, NY, and beyond.

Overall, Nypen Inc plays a pivotal role in nurturing a collaborative environment where industry professionals can exchange ideas, build connections, and stay informed about the latest developments in private equity, ultimately strengthening the industry's foundation and future trajectory.




This information is meant to be a general summary of Nypen Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$385,006 (2022)
Expenses
$466,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6
  • Gross Receipts: $385,006

Assets and Liabilities:

  • Total Assets: $103,118
  • Total Liabilities: $0
  • Net Assets: $103,118

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Organization Details

Founding Year

2004

Principal Officer

Greg Hersly

Main Address

1 Dolma Road, Scarsdale, NY, 10583

NTEE Category

Code: S41 - Community improvement

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