Overview
What is Lawyers Alliance For New York?
Lawyers Alliance for New York is a prominent nonprofit organization situated in New York City. Their primary mission is to provide business law and transactional legal services to enhance the capabilities of other nonprofit organizations. By doing so, they contribute significantly to improving the quality of life in various neighborhoods within the city. With a team of 29 dedicated professionals, they offer their expertise to strengthen these nonprofit entities, helping them navigate legal complexities and operate more effectively. They can be reached at 171 Madison Avenue, 9th Floor, New York, NY 10016. While their program accomplishments are detailed in Schedule O, their website, <www.lawyersalliance.org>, provides further information about their activities and services.
Official website here: www.lawyersalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Lawyers Alliance For New York has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. This high rating is based solely on its Accountability & Finance score, which showcases the organization's effective governance, including an entirely independent board and robust financial oversight measures. The charity has demonstrated excellence in various metrics, such as having no material diversion of assets and maintaining a solid ratio of liabilities to assets.
Strengths of the organization include a high program expense ratio of 74%, indicating that a significant portion of its budget is directed towards its mission-driven activities. Additionally, it has a fundraising efficiency ratio of $0.17, suggesting that it effectively raises funds relative to its expenses. The organization has also implemented comprehensive policies for conflict of interest, whistleblowing, and document retention, contributing to its overall accountability.
While the organization excels in many areas, its financial ratios, including a liabilities to assets ratio of 33.90%, reflect a stable financial position. Overall, Lawyers Alliance For New York stands out as a well-managed nonprofit with a high level of transparency and efficiency, making it a trusted option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Lawyers Alliance For New York legitimate?
Lawyers Alliance For New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawyers Alliance For New York 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: $501,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,858,777
For more financial information, click here
Official website here: www.lawyersalliance.org
What is the mission statement of Lawyers Alliance For New York?
Lawyers Alliance for New York, as the leading provider of business law and transactional legal services, aims to strengthen nonprofit organizations that contribute to improving the quality of life in various New York City neighborhoods. Their mission is to provide these organizations with the necessary legal support, thereby enabling them to operate more effectively and sustainably. Lawyers Alliance for New York's activities are geared towards enhancing the capacity of these nonprofits, thereby promoting social change and community development. The organization's services are designed to address a wide range of legal issues, from governance and compliance to strategic planning and contract negotiations. By providing these services, Lawyers Alliance for New York plays a crucial role in supporting the vital work of nonprofit organizations in New York City.
Official website here: www.lawyersalliance.org
Who is the CEO of Lawyers Alliance For New York?
Elizabeth M Guggenheimer is the Chair of Lawyers Alliance For New York. The CEO's salary of Lawyers Alliance For New York is $270,083 and their total compensation is $311,265.
Official website here: www.lawyersalliance.org
What is the revenue of Lawyers Alliance For New York?
Lawyers Alliance For New York's revenue in 2023 was $3,082,470.
Official website here: www.lawyersalliance.org
Who are the executives of Lawyers Alliance For New York and what are their salaries?
The average compensation at Lawyers Alliance For New York during 2023 was $81,399. There are 29 employees and 2200 volunteers at Lawyers Alliance For New York.
Here are 34 key members and their salaries (Lawyers Alliance For New York's CEO's salary is $270,083 and their total compensation is $311,265):
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- Compensation: $270,083
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Official website here: www.lawyersalliance.org
Where can I find the form 990 for Lawyers Alliance For New York?
Lawyers Alliance For New York's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lawyersalliance.org
Learn more at the official website: www.lawyersalliance.org
Mission Statement of Lawyers Alliance For New York
Lawyers Alliance for New York is a leading provider of business law and transactional legal services. Their mission is to strengthen nonprofit organizations that work towards improving the quality of life in New York City neighborhoods. By offering their expertise in business law, Lawyers Alliance for New York aims to empower these nonprofits, enabling them to carry out their vital missions more effectively. This organization plays a significant role in ensuring the longevity and success of numerous nonprofit initiatives in the city.
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Impact
August, 2024
Lawyers Alliance For New York's impact is significant, as it provides essential business law and transactional legal services to organizations in New York City. By strengthening these organizations, Lawyers Alliance For New York plays a key role in improving the quality of life in NYC neighborhoods. This impact is crucial in supporting the nonprofit sector and promoting a more just and thriving community.
This information is meant to be a general summary of Lawyers Alliance For New York. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $217,850
- Program Service Revenue: $326,271
- Gross Receipts: $3,344,181
Assets and Liabilities:
- Total Assets: $11,994,208
- Total Liabilities: $4,068,337
- Net Assets: $7,925,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGAL FEES
Revenue
$217,732
CONTRACTS
Revenue
$90,989
EDUCATIONAL TRAININGS
Revenue
$17,550
Organization Details
Founding Year
1969
Phone
(212) 219-1800Principal Officer
Elizabeth M Guggenheimer
Main Address
171 MADISON AVENUE 9TH FLOOR, NEW YORK, NY, 10016
Website
www.lawyersalliance.orgNTEE Category
Code: I80 - Crime
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