Overview
What is New York Landmarks Conservancy Inc?
New York Landmarks Conservancy Inc is a dedicated nonprofit organization based in New York City, specifically at 1 Whitehall Street 21st Floor. Established in 1986, the conservancy's primary mission is to preserve and revitalize the architectural heritage of New York. This commitment extends beyond just the city, as they offer financial and technical assistance to congregations across the entire state of New York, helping them maintain, repair, and restore their historic religious properties. This unique statewide program, known as the Sacred Sites Program, is a significant contribution to the conservation of historic religious properties in the United States. With a commitment to preservation, the Conservancy contributes positively to New York's economy, tourism, and overall quality of life. The organization currently employs 17 individuals.
Official website here: www.nylandmarks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The New York Landmarks Conservancy Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. The organization scored a perfect 100 in the Accountability & Finance category, which indicates strong practices in governance and transparency. The presence of a majority of independent board members and comprehensive financial oversight demonstrates a commitment to ethical management.
Among its strengths, the Conservancy maintains a highly favorable program expense ratio of 74.20%, suggesting that the majority of its funds are directed toward its mission rather than administrative costs. Additionally, with a low fundraising efficiency ratio of $0.17, the organization effectively minimizes costs associated with fundraising, allowing more resources to be allocated to its preservation efforts.
There are no significant limitations noted in the data about the New York Landmarks Conservancy. The organization's robust financial practices, including no material diversion of assets and appropriate conflict of interest policies, contribute to its reputation as a trustworthy nonprofit dedicated to preserving New York's historic landmarks.
This AI summary has been generated from information found on Charity Navigator.
Is New York Landmarks Conservancy Inc legitimate?
New York Landmarks Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Landmarks Conservancy 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: $413,349
Professional Fundraising Fees: $65,000
Other Salaries and Wages: $1,178,315
For more financial information, click here
Official website here: www.nylandmarks.org
What is the mission statement of New York Landmarks Conservancy Inc?
The New York Landmarks Conservancy Inc's mission is centered around preserving and revitalizing New York's architecture. This endeavor contributes positively to the city's economy, tourism, and overall quality of life. The organization has a specialized program called Sacred Sites, which provides financial and technical assistance to congregations across New York State for the maintenance, repair, and restoration of their historic religious buildings. Established in 1986, Sacred Sites is the only statewide program in the nation addressing the preservation needs of historic religious properties. Since its inception, Sacred Sites has granted financial aid to 835 congregations, regardless of denomination, awarding a total of 1,603 grants.
Official website here: www.nylandmarks.org
Who is the CEO of New York Landmarks Conservancy Inc?
Peg Breen is the President of New York Landmarks Conservancy Inc.
Official website here: www.nylandmarks.org
What is the revenue of New York Landmarks Conservancy Inc?
New York Landmarks Conservancy Inc's revenue in 2022 was $6,280,479.
Official website here: www.nylandmarks.org
Who are the executives of New York Landmarks Conservancy Inc and what are their salaries?
The average compensation at New York Landmarks Conservancy Inc during 2022 was $93,627. There are 17 employees and 38 volunteers at New York Landmarks Conservancy Inc.
Here are 44 key members and their salaries:
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- Other: $26,984
Official website here: www.nylandmarks.org
Where can I find the form 990 for New York Landmarks Conservancy Inc?
New York Landmarks Conservancy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nylandmarks.org
Learn more at the official website: www.nylandmarks.org
Mission Statement of New York Landmarks Conservancy Inc
New York Landmarks Conservancy Inc is dedicated to preserving and revitalizing the architectural heritage of New York. Through its mission, the conservancy contributes to the city's economy, tourism, and overall quality of life. By preserving historical buildings, it ensures that New York's rich architectural history continues to thrive.
One of the key initiatives of New York Landmarks Conservancy Inc is its Sacred Sites Program. Launched in 1986, this program provides financial and technical assistance to congregations throughout New York State. The aim is to help maintain, repair, and restore historic religious properties. This program is unique as it is the only statewide program in the nation that responds to the preservation needs of historic religious properties. Since its inception, the Sacred Sites Program has awarded grants to over 800 congregations across New York, regardless of denomination. This significant contribution ensures that these historic religious properties continue to stand as testaments to the city's architectural and cultural heritage.
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Impact
October, 2024
New York Landmarks Conservancy Inc plays a vital role in preserving and revitalizing the architecture of New York, significantly contributing to the state's cultural heritage and economic vitality. Its Sacred Sites Program offers crucial financial and technical assistance to congregations across New York, enabling them to maintain, repair, and restore their historic buildings. Launched in 1986, this initiative stands as the only statewide program in the nation addressing the preservation needs of historic religious properties.
With an impressive track record, the program has awarded 1,603 grants to 835 congregations, transcending denominational boundaries. This not only helps to protect the architectural integrity of these historic sites but also fosters community engagement and tourism. By safeguarding these structures, the Conservancy enhances the quality of life for residents and visitors, contributing positively to New York's economy and reinforcing its identity as a city rich in history and culture.
This information is meant to be a general summary of New York Landmarks Conservancy 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: $854,857
- Program Service Revenue: $43,046
- Gross Receipts: $10,855,239
Assets and Liabilities:
- Total Assets: $23,005,396
- Total Liabilities: $5,322,394
- Net Assets: $17,683,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$41,525
PROGRAM RELATED INVESTMENT INCOME
Revenue
$1,521
Organization Details
Founding Year
1971
Phone
(212) 995-5260Principal Officer
Peg Breen
Main Address
1 WHITEHALL STREET 21ST FLOOR, NEW YORK, NY, 10004
Website
www.nylandmarks.orgNTEE Category
Code: A80 - Arts
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