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New York City H2O Inc

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

EIN: 453860014 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York City H2O Inc?

New York City H2O Inc., headquartered in New York City, New York, is a nonprofit organization dedicated to promoting awareness and education about water infrastructure and ecology. Their primary mission involves conducting educational programs that highlight the intricacies of water and waste treatment systems, both in New York City and beyond. The ultimate goal is to raise public understanding about the significance of resources and skills required to establish, maintain, and enhance these critical systems. New York City H2O Inc. also encourages recycling to alleviate the burden on such systems, operating with a charitable and scientific purpose. The organization currently employs 29 individuals.


Official website here: www.nych2o.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

New York City H2O Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong accountability and financial health. With a perfect score for independent board members and a favorable liabilities to assets ratio of 0.00%, the organization demonstrates a commitment to transparency and effective governance. The high program expense ratio of 79.59% indicates that a significant portion of its funding is directed towards its programs, which is a positive sign for potential donors.

User feedback highlights the positive impact of the organization, with clients expressing satisfaction with their experiences. For instance, one reviewer rated the nonprofit five stars, praising the engagement it provided during trips, particularly noting the educational value for students exploring local parks. This suggests that New York City H2O Inc effectively serves its community through meaningful programs.

While the feedback is predominantly positive, it is essential to consider that user reviews are limited, and further insights into the breadth of experiences could offer a more comprehensive view. Overall, New York City H2O Inc stands out for its impressive financial rating and strong community engagement.


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

Is New York City H2O Inc legitimate?

New York City H2O Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York City H2O 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: $519,652

For more financial information, click here


Official website here: www.nych2o.org

What is the mission statement of New York City H2O Inc?

New York City H2O Inc, a charitable organization, conducts educational programs centered around water and waste treatment systems, both locally and globally. Their primary objective is to raise awareness about the intricate processes involved in water system management and waste treatment, including sewage treatment and recycling. The organization aims to emphasize the substantial resources and skills required to establish, maintain, and improve these systems. Furthermore, they encourage recycling as a means to alleviate the strain on these systems. New York City H2O Inc is organized for charitable and scientific purposes, with a focus on making distributions to qualifying exempt organizations, as per the Internal Revenue Code.


Official website here: www.nych2o.org

Who is the CEO of New York City H2O Inc?

Matthew Malina is the Board President of New York City H2O Inc.


Official website here: www.nych2o.org

What is the revenue of New York City H2O Inc?

New York City H2O Inc's revenue in 2022 was $835,917.


Official website here: www.nych2o.org

Who are the executives of New York City H2O Inc and what are their salaries?

The average compensation at New York City H2O Inc during 2022 was $17,919. There are 29 employees at New York City H2O Inc.


Here are 8 key members and their salaries:


Peter Frishauf (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arcilia Derenzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Froma Harrop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damian Griffin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Goldstein (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Berkowitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elissa Sampson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Malina (Executive Director)
  • Compensation: $123,744
  • Related: $0
  • Other: $0


Official website here: www.nych2o.org

Where can I find the form 990 for New York City H2O Inc?

New York City H2O Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nych2o.org

Learn more at the official website: www.nych2o.org

Mission Statement of New York City H2O Inc

New York City H2O Inc, a charitable and scientific organization, focuses on educating the public about water and waste treatment systems. Their mission is threefold: firstly, they aim to raise awareness about the complexity and importance of the water system and waste treatment processes, including sewage treatment and recycling. Secondly, they seek to expand the understanding that significant resources and skills are required to establish, maintain, and improve these systems. Lastly, they encourage recycling as a means to reduce the burden on these systems. New York City H2O Inc also distributes funds to other exempt organizations under Section 501(c)(3) of the Internal Revenue Code, furthering their educational and scientific purposes.

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Impact




July, 2024

New York City H2O Inc's impact is significant in raising awareness about water and waste treatment systems, both in New York City and beyond. Through educational programs, they educate the public on the complexities of water infrastructure, sewage treatment, and recycling processes. By expanding understanding of the resources and expertise required to maintain these systems, they play a crucial role in fostering a sense of responsibility towards water conservation and waste management. Their efforts to encourage recycling also help reduce the strain on these important systems, ultimately benefiting the environment and the community as a whole.




This information is meant to be a general summary of New York City H2O 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
$835,917 (2022)
Expenses
$735,346 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,302
  • Program Service Revenue: $6,651
  • Gross Receipts: $849,928

Assets and Liabilities:

  • Total Assets: $221,322
  • Total Liabilities: $288
  • Net Assets: $221,034

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Organization Details

Founding Year

2012

Principal Officer

Matthew Malina

Main Address

PO BOX 20773, NEW YORK, NY, 10009

NTEE Category

Code: W01 - Public benefit

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