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Center For Financial Stability Inc

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

EIN: 272106625 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Center For Financial Stability Inc?

The Center for Financial Stability Inc., located in New York City, is an independent, nonpartisan, and nonprofit think tank dedicated to financial markets. Its primary mission is to benefit investors, officials, and the public by promoting a stronger and more stable financial system. They achieve this through innovative and practical policy-oriented research, structured dialogues, education, and outreach to the public. The organization develops and maintains a web-based financial policy library, providing reports, timelines, historical financial statistics, and real-time measures of the US monetary and financial system to the public, advancing monetary and financial measurement (AMFM).


Official website here: www.centerforfinancialstability.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, Two-Star out of Four Star rating

The Center For Financial Stability Inc has received a 74% rating from Charity Navigator, which translates to a Two-Star designation. This rating reflects a solid score in areas of governance, particularly due to its 100% independent board members, showcasing strong oversight. However, the organization faces significant challenges in financial transparency, as indicated by a low score for financial statements.

While the nonprofit excels in several accountability metrics, such as having a conflict of interest policy and whistleblower protections, it falls short in financial reporting, receiving zero points in that area. This raises concerns about the accessibility and clarity of their financial statements, which could impact donor trust and confidence.

Overall, the Center For Financial Stability Inc demonstrates certain strengths in governance and accountability, yet its financial disclosure practices limit its overall effectiveness and transparency, potentially affecting its fundraising and operational sustainability.


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

Is Center For Financial Stability Inc legitimate?

Center For Financial Stability Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Financial Stability 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,000

For more financial information, click here


Official website here: www.centerforfinancialstability.org

What is the mission statement of Center For Financial Stability Inc?

The Center for Financial Stability Inc. is an independent, nonpartisan, and nonprofit think tank. Its primary focus is on financial markets, aiming to benefit investors, officials, and the public. The organization promotes a stronger and more stable financial system by conducting bold, innovative, and practical policy-oriented research. Additionally, they facilitate structured dialogues, provide education, and engage in public outreach to promote informed discussions and decisions related to financial markets.


Official website here: www.centerforfinancialstability.org

Who is the CEO of Center For Financial Stability Inc?

Lawrence Goodman is the Presisent/Treasurer/Truste of Center For Financial Stability Inc.


Official website here: www.centerforfinancialstability.org

What is the revenue of Center For Financial Stability Inc?

Center For Financial Stability Inc's revenue in 2022 was $166,169.


Official website here: www.centerforfinancialstability.org

Who are the executives of Center For Financial Stability Inc and what are their salaries?


Here are 14 key members and their salaries:


Lawrence Goodman (Presisent/Treasurer/Truste)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Peter N Flocos (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Rhodes (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Aninat (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Bair (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William W Bradley (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Chang (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Shafik Gabr (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Goodhart (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Kaufman (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara G Novak (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guillermo Ortiz (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Sandor (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Scholes (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centerforfinancialstability.org

Where can I find the form 990 for Center For Financial Stability Inc?

Center For Financial Stability Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerforfinancialstability.org

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

Mission Statement of Center For Financial Stability Inc

The Center for Financial Stability Inc is an independent, nonpartisan, and nonprofit think tank dedicated to the betterment of financial markets. This organization, primarily benefiting investors, officials, and the public at large, strives to foster a stronger and more stable financial system. The Center for Financial Stability achieves this goal through strategic policy-oriented research, structured dialogues, education, and outreach to the public. This approach allows the organization to promote innovative and practical solutions, ensuring financial markets operate efficiently and sustainably.

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Impact




October, 2024

The Center for Financial Stability Inc has a significant impact on the financial landscape by focusing on enhancing the stability and efficiency of financial markets. Through its policy-oriented research and structured dialogue, it provides valuable insights that benefit investors, officials, and the broader public.

By developing a comprehensive web-based financial policy library and conducting initiatives like the Financial Stability Reports, the Center empowers stakeholders with real-time data and historical financial statistics. This transparency fosters informed decision-making, ultimately contributing to a more resilient financial system.

The Center's commitment to education and outreach ensures that critical financial concepts and developments are accessible to all, promoting a better understanding of financial dynamics. In addressing contemporary issues through innovative approaches, the Center for Financial Stability plays a vital role in fostering a stronger, more stable financial environment that benefits everyone involved.




This information is meant to be a general summary of Center For Financial Stability 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
$166,169 (2022)
Expenses
$206,007 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37
  • Gross Receipts: $166,169

Assets and Liabilities:

  • Total Assets: $126,581
  • Total Liabilities: $420
  • Net Assets: $126,161

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Organization Details

Founding Year

2009

Principal Officer

Lawrence Goodman

Main Address

1120 AVENUE OF THE AMERICAS FL 4, NEW YORK, NY, 10036

NTEE Category

Code: U05 - Science research

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