Financial Service Center Of New York Inc

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

EIN: 136110520 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Financial Service Center Of New York Inc?

Financial Service Center of New York Inc, headquartered in New York, serves as the primary advocacy group for licensed community check cashers within the state. As the leading voice in legislative, regulatory, and business matters that impact its members and the rights of New York residents, the organization is instrumental in advancing and promoting the check cashing industry. By acting as a trade association, Financial Service Center of New York Inc aims to safeguard the interests of its members and ensure the continued growth and success of the check cashing sector in New York.


Official website here: www.fscny.org

Is Financial Service Center Of New York Inc legitimate?

Financial Service Center Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Financial Service Center Of New York 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fscny.org

What is the mission statement of Financial Service Center Of New York Inc?

The Financial Service Center of New York Inc, serving as the state trade association for licensed community check cashers, aims to champion and advocate for the check cashing industry. Recognized as a leading voice, the organization addresses legislative, regulatory, and business concerns that impact its members and the rights of New Yorkers in the sector. In essence, Financial Service Centers of New York works to advance and promote the check cashing industry, ensuring its members and the associated rights are protected and represented.


Official website here: www.fscny.org

Who is the CEO of Financial Service Center Of New York Inc?

Edward P D'Alessio is the Executive Dir. of Financial Service Center Of New York Inc.


Official website here: www.fscny.org

What is the revenue of Financial Service Center Of New York Inc?

Financial Service Center Of New York Inc's revenue in 2022 was $666,892.


Official website here: www.fscny.org

Who are the executives of Financial Service Center Of New York Inc and what are their salaries?


Here are 11 key members and their salaries:


Edward P D'Alessio (Executive Dir.)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Bruce Balonick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Liskiewicz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bardach (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Carballo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Musial (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Shreero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wolfberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fscny.org

Where can I find the form 990 for Financial Service Center Of New York Inc?

Financial Service Center Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fscny.org

Learn more at the official website: www.fscny.org

Mission Statement of Financial Service Center Of New York Inc

Financial Service Center of New York Inc, as the leading voice in its field, is dedicated to advancing and promoting the check cashing industry. This organization serves as the state trade association for licensed community check cashers in New York. By taking a proactive role in addressing legislative, regulatory, and business issues that impact its members, Financial Service Center of New York Inc safeguards the rights of New York's check cashing industry. This mission is crucial in ensuring the continued growth and success of the industry, thereby providing essential financial services to the community.

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Impact




October, 2024

Financial Service Center of New York Inc plays a pivotal role in advancing the check cashing industry within the state. As the state trade association for licensed community check cashers in New York, it serves as the foremost advocate for its members, addressing legislative, regulatory, and business issues that impact their operations and the rights of consumers.

Through its efforts, FSCNY enhances the visibility and understanding of the check cashing sector, promoting responsible practices and fair treatment in the industry. This advocacy ensures that community check cashers can operate effectively, providing vital financial services to those who may not have access to traditional banking facilities. By representing the interests of its members, the organization contributes to the overall improvement of financial accessibility and community support, strengthening the economic fabric of New York's diverse neighborhoods.




This information is meant to be a general summary of Financial Service Center Of New York 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.

Revenue
$666,892 (2022)
Expenses
$642,497 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $392,225
  • Gross Receipts: $666,892

Assets and Liabilities:

  • Total Assets: $108,753
  • Total Liabilities: $0
  • Net Assets: $108,753

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Programs

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

CONFERENCES
DUES

Revenue

$392,225

Organization Details

Founding Year

1957

Principal Officer

Edward P D'Alessio

Main Address

1909 K ST NW SUITE 400 4TH FL, WASHINGTON, DC, 20006

NTEE Category

Code: S41 - Community improvement

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