Overview
What is New York City Partnership Foundation Inc?
New York City Partnership Foundation Inc is a nonprofit organization, dedicated to enhancing the economic growth of New York City. Their mission is to foster job creation, support projects in economically disadvantaged areas, and stimulate new business ventures. By directly contributing to these initiatives, they aim to positively impact the city's economy. The organization's activities are designed to bring about tangible changes and contribute to the city's overall prosperity.
Official website here: www.pfnyc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The New York City Partnership Foundation Inc demonstrates exceptional accountability and financial management, evidenced by its high 97% score. This rating reflects a strong commitment to transparency, with all board members being independent and the organization maintaining comprehensive financial oversight. The Foundation's commitment to ethical practices is illustrated by its well-documented policies on conflict of interest, whistleblowing, and retention of documents.
While the organization has a very high program expense ratio of 94.61%, indicating that most of its funds are directed towards its mission, the fundraising efficiency ratio is notably low at $0.002. This suggests potential areas for improvement in fundraising strategies to enhance overall efficiency. However, the Foundation's financial health is strong, as shown by a low liabilities to assets ratio and a substantial working capital ratio of 6.90 years, indicating a solid foundation for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is New York City Partnership Foundation Inc legitimate?
New York City Partnership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York City Partnership Foundation 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: $491,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,790
For more financial information, click here
Official website here: www.pfnyc.org
What is the mission statement of New York City Partnership Foundation Inc?
The New York City Partnership Foundation Inc's mission is centered on boosting the economic growth of the city. They aim to contribute directly to projects that generate employment opportunities, revitalize economically disadvantaged communities, and foster new business ventures. This organization's activities are geared towards stimulating the city's economic development.
Official website here: www.pfnyc.org
Who is the CEO of New York City Partnership Foundation Inc?
Maria Gotsch is the President And Director of New York City Partnership Foundation Inc.
Official website here: www.pfnyc.org
What is the revenue of New York City Partnership Foundation Inc?
New York City Partnership Foundation Inc's revenue in 2022 was $11,136,166.
Official website here: www.pfnyc.org
Who are the executives of New York City Partnership Foundation Inc and what are their salaries?
There 6 volunteers at New York City Partnership Foundation Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $1,453,273
- Other: $49,400
- Compensation: $0
- Related: $775,235
- Other: $35,061
- Compensation: $0
- Related: $421,077
- Other: $35,061
- Compensation: $0
- Related: $323,328
- Other: $33,615
- Compensation: $0
- Related: $300,904
- Other: $46,076
- Compensation: $0
- Related: $266,481
- Other: $32,044
- Compensation: $0
- Related: $230,716
- Other: $42,820
- Compensation: $0
- Related: $241,396
- Other: $31,197
- Compensation: $0
- Related: $213,093
- Other: $48,889
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pfnyc.org
Where can I find the form 990 for New York City Partnership Foundation Inc?
New York City Partnership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pfnyc.org
Learn more at the official website: www.pfnyc.org
Mission Statement of New York City Partnership Foundation Inc
New York City Partnership Foundation Inc is committed to promoting the economic growth of New York City. Their mission is multifaceted, involving direct involvement in projects that foster job creation, enhance economically disadvantaged communities, and stimulate the genesis of new businesses. This nonprofit organization strives to contribute positively to the city's economy, aiming to make a significant impact in various sectors. However, the provided information does not specify the methods or strategies employed by the Foundation to achieve these objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
New York City Partnership Foundation Inc works to advance the economy of New York City by directly contributing to projects that create jobs, improve economically distressed communities, and stimulate new business creation. Their impact can be seen in the tangible ways they support economic growth and development in the city, helping to make a positive difference in the lives of individuals and communities.
This information is meant to be a general summary of New York City Partnership Foundation 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: $186,069
- Program Service Revenue: $1,367,499
- Gross Receipts: $17,406,905
Assets and Liabilities:
- Total Assets: $44,042,672
- Total Liabilities: $306,133
- Net Assets: $43,736,539
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest income-charitable purpose loans
Revenue
$344,831
Royalty income-charitable purpose grants
Revenue
$499,923
Recovered cost-charitable purpose loans
Revenue
$522,745
Organization Details
Founding Year
1983
Phone
(212) 493-7400Principal Officer
Maria Gotsch
Main Address
One Battery Park Plaza STE 5th floo, New York, NY, 100041479
Website
www.pfnyc.orgNTEE Category
Code: T310 - Philanthropy
If you are a representative of New York City Partnership Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.