Overview
What is City Futures Inc?
City Futures Inc, also known as the Center for an Urban Future, is a nonprofit organization based in New York City. With a mission to reduce inequality, increase economic mobility, and grow the economy in New York City, they have been shaping policy debates for over two decades. Their work is fueled by fact-based research, which they use to bring overlooked issues to the attention of policymakers and propose practical solutions that strengthen the city and enable all New Yorkers to participate in its prosperity. City Futures Inc has made significant contributions in various policy areas, such as promoting middle-income job growth, enhancing workforce development programs, and supporting aging immigrants. Their reports have consistently sparked policy changes and served as a valuable resource for government officials, nonprofit practitioners, business leaders, and philanthropic leaders.
Official website here: www.nycfuture.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
City Futures Inc has achieved an impressive 96% rating from Charity Navigator, earning a Four-Star designation primarily due to its strong accountability and finance practices. The organization demonstrates a high level of transparency with an independent board composed entirely of independent members, reflecting effective governance. Additionally, it has implemented comprehensive policies for conflict of interest, whistleblowing, and document retention, contributing to its robust oversight framework.
The nonprofit's financial health is notable, with a program expense ratio of 83.61%, indicating that a significant portion of its expenses is directed toward its programs rather than administrative costs. The organization has maintained a low liabilities to assets ratio of 29.29%, showcasing effective management of its finances and resources. These strengths highlight City Futures Inc's commitment to responsible stewardship and operational efficiency.
While the data provided reflects positively on City Futures Inc, the review does not indicate any specific limitations or challenges faced by the organization. Overall, the charity's strong rating and commitment to accountability suggest a reliable and effective organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is City Futures Inc legitimate?
City Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Futures 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: $240,427
Professional Fundraising Fees: $22,700
Other Salaries and Wages: $419,884
For more financial information, click here
Official website here: www.nycfuture.org
What is the mission statement of City Futures Inc?
City Futures Inc serves as a catalyst, promoting smart and sustainable policies that reduce inequality, boost economic mobility, and stimulate economic growth. As an independent, nonpartisan policy organization, it utilizes fact-based research to bring overlooked issues into the limelight for policymakers. By advancing practical solutions, City Futures Inc aims to strengthen the community and enable all its residents to partake in the city's prosperity.
Official website here: www.nycfuture.org
Who is the CEO of City Futures Inc?
Jonathan Bowles is the Chairman of City Futures Inc.
Official website here: www.nycfuture.org
What is the revenue of City Futures Inc?
City Futures Inc's revenue in 2022 was $1,329,058.
Official website here: www.nycfuture.org
Who are the executives of City Futures Inc and what are their salaries?
The average compensation at City Futures Inc during 2022 was $36,684. There are 18 employees at City Futures Inc.
Here are 19 key members and their salaries:
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- Compensation: $118,155
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- Other: $37,980
Official website here: www.nycfuture.org
Where can I find the form 990 for City Futures Inc?
City Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycfuture.org
Learn more at the official website: www.nycfuture.org
Mission Statement of City Futures Inc
City Futures Inc, a nonpartisan policy organization, serves as a catalyst for intelligent and sustainable policies that aim to reduce inequality, boost economic mobility, and stimulate the economy in New York City. This independent entity employs fact-based research to bring overlooked issues to the attention of policymakers, ultimately advocating for practical solutions that fortify the city and enable all New Yorkers to partake in its prosperity. City Futures Inc strives to make a significant impact by elevating crucial concerns and advancing strategies that strengthen New York, ensuring that all its residents can participate in its rising success.
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Impact
August, 2024
City Futures Inc's impact can be seen in the tangible improvements it has made to policies and programs in New York City. Their fact-based research has influenced the creation of new economic development initiatives for low-income entrepreneurs, the expansion of youth workforce development programs, and the development of policies to support aging immigrants. Additionally, their work highlighting the importance of branch libraries has led to increased funding for public libraries in the city. City Futures Inc's reports are not just informative documents; they are action-oriented tools that drive policy changes and serve as invaluable resources for government officials, practitioners, business leaders, and philanthropic leaders in advocating for and implementing policies that address New York's most pressing challenges. Their work is focused on reducing inequality, increasing economic mobility, and growing the economy in New York City, ultimately striving to create a more prosperous, equitable, and inclusive city for all residents.
This information is meant to be a general summary of City Futures 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $142
- Gross Receipts: $1,406,695
Assets and Liabilities:
- Total Assets: $1,938,198
- Total Liabilities: $89,762
- Net Assets: $1,848,436
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Organization Details
Founding Year
1982
Phone
(212) 479-3344Principal Officer
Jonathan Bowles
Main Address
120 WALL STREET FL 20, NEW YORK, NY, 10005
Website
www.nycfuture.orgNTEE Category
Code: L20Z - Housing
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