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City Seminary Of New York

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

EIN: 260030436 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is City Seminary Of New York?

City Seminary of New York is a nonprofit organization located in New York City, specifically in the PO Box 5536 area. Its primary focus is to provide education and training for individuals interested in urban ministry. With 17 employees, the organization aims to help and encourage the spiritual growth of individuals living in urban settings, particularly those residing in the outer boroughs of New York City and other urban areas. City Seminary of New York offers courses that equip students with the necessary skills and techniques to give back directly to their communities, thus fostering growth and development in these urban areas.


Official website here: www.cityseminaryny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

City Seminary of New York has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This rating indicates a strong performance in accountability and finance, showcasing the organization’s commitment to transparency and responsible management of its resources. The majority of its board members are independent, and the organization has a remarkable record in areas such as financial oversight and the absence of asset diversion.

However, there are some notable limitations in the organization’s policies. While it performs well in many areas, it lacks a whistleblower policy, a document retention and destruction policy, and has not made its tax form available on its website. These gaps may affect its overall governance practices, although they do not seem to significantly impact its financial health or program spending.

Financially, the organization demonstrates a strong program expense ratio of 75.08%, indicating that a significant portion of its resources is dedicated to its core mission. The liabilities to assets ratio is also extremely low at just 1.27%, suggesting a stable financial position. Overall, while there are areas for improvement in policy transparency, City Seminary of New York shows a commendable level of accountability in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is City Seminary Of New York legitimate?

City Seminary Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Seminary Of New York 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: $287,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $930,297

For more financial information, click here


Official website here: www.cityseminaryny.org

What is the mission statement of City Seminary Of New York?

City Seminary of New York focuses on the education and training of urban ministry. Their mission lies in equipping students with necessary skills and techniques to foster spiritual growth among individuals in urban environments. The program primarily caters to individuals residing in the outer boroughs of New York City and other urban areas, providing them an opportunity to contribute directly to their communities. The seminary offers courses and resources, enabling these students to serve and encourage spiritual development in their local communities.


Official website here: www.cityseminaryny.org

Who is the CEO of City Seminary Of New York?

Mark R Gornik is the President of City Seminary Of New York.


Official website here: www.cityseminaryny.org

What is the revenue of City Seminary Of New York?

City Seminary Of New York's revenue in 2022 was $1,682,584.


Official website here: www.cityseminaryny.org

Who are the executives of City Seminary Of New York and what are their salaries?

The average compensation at City Seminary Of New York during 2022 was $71,606. There are 17 employees at City Seminary Of New York.


Here are 7 key members and their salaries:


Mark R Gornik (President)
  • Compensation: $287,000
  • Related: $0
  • Other: $7,704
Biju George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Calvert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Miu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bola Oyesanya (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Post (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cityseminaryny.org

Where can I find the form 990 for City Seminary Of New York?

City Seminary Of New York's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cityseminaryny.org

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

Mission Statement of City Seminary Of New York

City Seminary of New York is committed to educating and training individuals in urban ministry. Their mission is centered around teaching and equipping students with the necessary skills and techniques to foster spiritual growth in urban settings. The organization specifically focuses on individuals residing in the outer boroughs of New York City and other urban areas, allowing them to directly contribute to their communities. By participating in the courses offered at City Seminary, students acquire the tools needed to aid and encourage spiritual development in urban populations.

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Impact




October, 2024

City Seminary of New York significantly impacts urban ministry by equipping individuals with essential skills and techniques tailored for spiritual growth in urban environments. Through its course offerings, the seminary prepares students—particularly those from the outer boroughs of New York City—to actively contribute to their communities. By focusing on the unique challenges and opportunities in urban settings, the seminary fosters a generation of leaders who are well-prepared to support and nurture the spiritual development of others. This targeted training not only strengthens individual faith but also cultivates a sense of community, helping to address broader societal issues within urban areas. The result is a ripple effect of positive transformation, as empowered leaders engage directly with their neighborhoods, promoting resilience and hope in places that need it most.




This information is meant to be a general summary of City Seminary Of New York. 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
$1,682,584 (2022)
Expenses
$3,019,538 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,853
  • Program Service Revenue: $41,432
  • Gross Receipts: $1,682,584

Assets and Liabilities:

  • Total Assets: $21,649,007
  • Total Liabilities: $276,284
  • Net Assets: $21,372,723

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Programs

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

TUITION AND PROGRAM FEES

Revenue

$41,432

Organization Details

Founding Year

2001

Principal Officer

Mark R Gornik

Main Address

PO BOX 5536, NEW YORK, NY, 10027

NTEE Category

Code: B50 - Education

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