Cnyc Inc (Council Of New York Cooperatives & Condominiums)

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

EIN: 133056357 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Cnyc Inc (Council Of New York Cooperatives & Condominiums)?

Cnyc Inc, or the Council of New York Cooperatives and Condominiums, is a nonprofit organization dedicated to assisting housing cooperatives and condominiums in New York. Their mission is to improve the efficiency, affordability, and safety of these living spaces, ensuring compliance with all relevant laws. To achieve this goal, they conduct educational classes in the evening and actively participate in national associations. Specifically, the council's treasurer serves as chairman of the national association's board, while the executive director chairs the government relations committee. Furthermore, the assistant treasurer lends their support through volunteer work. Overall, Cnyc Inc plays a vital role in enhancing the operations of housing cooperatives and condominiums in New York.


Official website here: www.cnyc.coop

Is Cnyc Inc (Council Of New York Cooperatives & Condominiums) legitimate?

Cnyc Inc (Council Of New York Cooperatives & Condominiums) is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cnyc Inc (Council Of New York Cooperatives & Condominiums) 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: $109,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,500

For more financial information, click here


Official website here: www.cnyc.coop

What is the mission statement of Cnyc Inc (Council Of New York Cooperatives & Condominiums)?

The Council of New York Cooperatives & Condominiums, often referred to as Cnyc Inc, is dedicated to supporting housing cooperatives and condominiums. Their mission is to enhance the efficiency, affordability, and safety of these residential units while ensuring compliance with all relevant laws. To accomplish this, they conduct educational programs, such as evening classes, to empower these communities. Moreover, the council's treasurer holds a leadership position in the national association of housing cooperatives, and key personnel contribute to relevant committees, furthering their mission.


Official website here: www.cnyc.coop

Who is the CEO of Cnyc Inc (Council Of New York Cooperatives & Condominiums)?

Mary Ann Rothman is the Sec'Y/Exec Dir of Cnyc Inc (Council Of New York Cooperatives & Condominiums).


Official website here: www.cnyc.coop

What is the revenue of Cnyc Inc (Council Of New York Cooperatives & Condominiums)?

Cnyc Inc (Council Of New York Cooperatives & Condominiums)'s revenue in 2022 was $484,441.


Official website here: www.cnyc.coop

Who are the executives of Cnyc Inc (Council Of New York Cooperatives & Condominiums) and what are their salaries?


Here are 14 key members and their salaries:


Stuart M Saft (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur I Weinstein (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wolfe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Varsalona (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marleen Levi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pollack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elyse Waldinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Yaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Cruickshank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Luxemburg (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Rothman (Sec'Y/Exec Dir)
  • Compensation: $109,200
  • Related: $0
  • Other: $0
Mark B Shernicoff (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cnyc.coop

Where can I find the form 990 for Cnyc Inc (Council Of New York Cooperatives & Condominiums)?

Cnyc Inc (Council Of New York Cooperatives & Condominiums)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cnyc.coop

Learn more at the official website: www.cnyc.coop

Mission Statement of Cnyc Inc (Council Of New York Cooperatives & Condominiums)

Cnyc Inc, or the Council of New York Cooperatives & Condominiums, is dedicated to supporting housing cooperatives and condominiums in New York. Their mission is centered around enhancing the efficiency, affordability, and safety of these housing units, ensuring they comply with all relevant laws. To achieve this goal, Cnyc Inc conducts educational classes, providing valuable knowledge and resources to its members. Furthermore, the council's treasurer holds a significant position in the national association of housing cooperatives, while the executive director chairs the government relations committee within this association. Additionally, the council's assistant treasurer contributes through volunteer work, demonstrating their commitment to the betterment of housing cooperatives and condominiums across the board.

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Impact




October, 2024

Cnyc Inc (Council of New York Cooperatives & Condominiums) plays a crucial role in supporting housing cooperatives and condominiums, enabling them to operate efficiently, affordably, and safely while adhering to relevant laws. By offering educational resources, such as 17 evening classes throughout the year, Cnyc Inc empowers board members and residents with the knowledge necessary to manage their properties effectively.

The organization's leadership also extends to national initiatives, with its treasurer serving as Chairman of the Board of the National Association of Housing Cooperatives. Additionally, the executive director's role in chairing the government relations committee ensures that the interests of housing cooperatives are well-represented at the national level. This combination of local education and national advocacy amplifies Cnyc Inc’s impact, fostering community improvement and promoting stability within New York's cooperative and condominium housing markets.




This information is meant to be a general summary of Cnyc Inc (Council Of New York Cooperatives & Condominiums). 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
$484,441 (2022)
Expenses
$495,503 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,131
  • Program Service Revenue: $43,465
  • Gross Receipts: $484,441

Assets and Liabilities:

  • Total Assets: $198,725
  • Total Liabilities: $174,539
  • Net Assets: $24,186

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADVERTISING

Revenue

$21,400

CONFERENCE FEES

Revenue

$15,615

WORKSHOPS AND PUIBLICA

Revenue

$6,450

Organization Details

Founding Year

1976

Principal Officer

Mary Ann Rothman

Main Address

850 SEVENTH AVE 1103, NEW YORK, NY, 100195230

NTEE Category

Code: S47 - Community improvement

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