Overview
What is Gramercy Park Block Assoc Inc?
Gramercy Park Block Assoc Inc is a nonprofit organization based in New York City, specifically at 34 Gramercy Park East, New York, NY 10003. Their primary objective is to promote the well-being of the Gramercy Park area and its residents by addressing safety and security concerns. They aim to foster civic betterment and educate the local population about the unique historical significance of Gramercy Park to New York City. To achieve these goals, the organization conducts various fundraising events to gain support and contribute to restoring the area. With a team of three dedicated individuals, Gramercy Park Block Assoc Inc works tirelessly to disseminate information and raise awareness about the area's importance and related issues.
Official website here: www.gramercyparkblockassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Stars
The Gramercy Park Block Association Inc received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This score is derived solely from its Accountability & Finance metrics, indicating a strong commitment to transparency and responsible financial practices. The organization excels in having a majority independent board and a high program expense ratio, demonstrating a focus on mission-driven activities.
Strengths of the organization include an entirely independent board, which enhances its governance, and sound financial management, evidenced by a 0.16% liabilities to assets ratio. Additionally, the association’s program expense ratio of 80.86% shows that a significant majority of its resources are directed toward its programs rather than administrative costs.
However, the organization does have some areas for improvement, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Addressing these gaps could enhance its governance framework and further bolster its accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Gramercy Park Block Assoc Inc legitimate?
Gramercy Park Block Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gramercy Park Block Assoc 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: $52,738
For more financial information, click here
Official website here: www.gramercyparkblockassociation.org
What is the mission statement of Gramercy Park Block Assoc Inc?
Gramercy Park Block Assoc Inc's mission is centered around educating the community on safety and security issues, with the aim of promoting well-being in the historic Gramercy Park neighborhood. The organization strives to foster civic improvement and bring about betterment in the area. Additionally, Gramercy Park Block Assoc Inc aims to educate the general public on the unique qualities and historical significance of Gramercy Park, disseminating relevant information to enhance understanding and appreciation for these aspects.
Official website here: www.gramercyparkblockassociation.org
What is the revenue of Gramercy Park Block Assoc Inc?
Gramercy Park Block Assoc Inc's revenue in 2023 was $631,971.
Official website here: www.gramercyparkblockassociation.org
Who are the executives of Gramercy Park Block Assoc Inc and what are their salaries?
The average compensation at Gramercy Park Block Assoc Inc during 2023 was $17,579. There are 3 employees at Gramercy Park Block Assoc Inc.
Here are 7 key members and their salaries:
- Compensation: $50,304
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gramercyparkblockassociation.org
Where can I find the form 990 for Gramercy Park Block Assoc Inc?
Gramercy Park Block Assoc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gramercyparkblockassociation.org
Learn more at the official website: www.gramercyparkblockassociation.org
Mission Statement of Gramercy Park Block Assoc Inc
Gramercy Park Block Assoc Inc is an organization dedicated to enlightening the population residing or working within the Gramercy Park area regarding safety, security, and the well-being of the neighborhood. The association aims to promote civic improvement in this historic locale, fostering a sense of community and ensuring the welfare of its inhabitants. Additionally, Gramercy Park Block Assoc Inc seeks to educate the general public about the distinct qualities and historical significance of Gramercy Park, disseminating information on these topics and related issues.
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Impact
July, 2024
Gramercy Park Block Assoc Inc's impact is significant in educating the population of the Gramercy Park area about safety and security issues in this historic neighborhood. They also strive to bring about civic betterment to promote the well-being of those who live or work in the area. Additionally, the organization works to educate the general public about the unique qualities of Gramercy Park and its historical importance to New York City. Through various fundraising events, they aim to promote the organization and gather contributors to help restore the Gramercy Park area, thus making a positive impact on the community.
This information is meant to be a general summary of Gramercy Park Block Assoc 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 2023.
- Investment Income: $65,659
- Gross Receipts: $632,014
Assets and Liabilities:
- Total Assets: $2,126,532
- Total Liabilities: $3,560
- Net Assets: $2,122,972
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Organization Details
Founding Year
1994
Principal Officer
Norman Kurlan
NTEE Category
Code: A99 - Arts
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