Overview
What is New York Building Foundation Inc?
New York Building Foundation Inc is a nonprofit organization based in New York City, specifically at 1040 Avenue of the Americas, NY 10018. The foundation's mission is to promote the long-term growth and well-being of the construction industry. They achieve this through a multi-faceted approach involving research, educational, and philanthropic activities. One of their key initiatives is providing funding to vocational training programs, such as the ACE Mentor Program. Additionally, they support organizations dedicated to women in the construction sector, including the Nontraditional Employment for Women organization. Overall, the foundation aims to foster the growth and prosperity of the construction industry by investing in education, research, and community-driven projects.
Official website here: www.buildingcongress.com/code/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 23%
The New York Building Foundation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, primarily due to its low accountability and finance score of 23%. This rating indicates significant concerns regarding the organization's governance and financial management. Key areas of weakness include an entirely non-independent board, which raises questions about oversight and potential conflicts of interest.
While the foundation has demonstrated positive aspects such as no material diversion of assets and the existence of a conflict of interest policy, it lacks critical policies like a whistleblower policy and document retention guidelines. Additionally, the foundation's program expense ratio is notably low at 12.10%, suggesting that a minimal portion of its budget is directed towards its intended programs and services.
Overall, the New York Building Foundation Inc faces considerable challenges in meeting best practices for nonprofit governance. Potential donors and stakeholders may want to exercise caution and seek further information before supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is New York Building Foundation Inc legitimate?
New York Building Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Building 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buildingcongress.com/code/foundation
What is the mission statement of New York Building Foundation Inc?
The New York Building Foundation Inc is dedicated to ensuring the long-term growth and well-being of the construction industry. To achieve this goal, the organization carries out research, educational, and philanthropic activities. One of their key initiatives includes providing funding to vocational training programs, such as those offered by the ACE Mentor Program. Furthermore, they support organizations focused on women in the construction sector, like the Nontraditional Employment for Women organization. In essence, their mission is to advance the construction industry through a variety of programs aimed at fostering growth, education, and empowerment.
Official website here: www.buildingcongress.com/code/foundation
Who is the CEO of New York Building Foundation Inc?
Carlo A Scissura is the President And Ceo of New York Building Foundation Inc. The CEO's salary of New York Building Foundation Inc is $0 and their total compensation is $400,000.
Official website here: www.buildingcongress.com/code/foundation
What is the revenue of New York Building Foundation Inc?
New York Building Foundation Inc's revenue in 2022 was $333,854.
Official website here: www.buildingcongress.com/code/foundation
Who are the executives of New York Building Foundation Inc and what are their salaries?
Here are 53 key members and their salaries (New York Building Foundation Inc's CEO's salary is $0 and their total compensation is $400,000):
- Compensation: $0
- Related: $400,000
- Other: $0
- Compensation: $0
- Related: $165,000
- Other: $0
- Compensation: $0
- Related: $107,000
- Other: $0
- Compensation: $0
- Related: $106,000
- Other: $0
- Compensation: $0
- Related: $106,000
- Other: $0
- Compensation: $0
- Related: $104,000
- 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
- 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
- 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
- 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
- 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
- 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
- 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.buildingcongress.com/code/foundation
Where can I find the form 990 for New York Building Foundation Inc?
New York Building Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buildingcongress.com/code/foundation
Learn more at the official website: www.buildingcongress.com/code/foundation
Mission Statement of New York Building Foundation Inc
The New York Building Foundation Inc, a philanthropic entity, is dedicated to fostering the long-term growth and overall well-being of the construction industry. To achieve this, they engage in a multifaceted program that encompasses research, educational, and philanthropic activities.
In pursuit of this mission, the Foundation provides funding to various vocational training programs, such as those offered by the ACE Mentor Program. Furthermore, they support organizations that focus on empowering women within the construction industry, with the Nontraditional Employment for Women (NEWO) organization being one of their key partners.
By investing in these initiatives, the New York Building Foundation Inc aims to contribute to the long-term sustainability and prosperity of the construction sector, ensuring it remains a vital and dynamic force in the future.
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
June, 2024
New York Building Foundation Inc's impact is significant in promoting the long-term growth and well-being of the construction industry. By providing funding to vocational training programs like the ACE Mentor Program and supporting organizations for women in the construction sector such as the Nontraditional Employment for Women organization, the foundation plays a vital role in equipping individuals with the skills and resources they need to succeed in the industry. Through its research, educational, and philanthropic activities, New York Building Foundation Inc helps create opportunities for stakeholders in the construction field, contributing to a more robust and sustainable industry.
This information is meant to be a general summary of New York Building 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: $2,354
- Gross Receipts: $335,018
Assets and Liabilities:
- Total Assets: $387,240
- Total Liabilities: $0
- Net Assets: $387,240
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Principal Officer
Carlo A Scissura
Main Address
1040 AVENUE OF THE AMERICAS, New York, NY, 10018
NTEE Category
Code: C99 - Environment
If you are a representative of New York Building 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.