Overview
What is New York International Arbitration Center Inc?
New York International Arbitration Center Inc is a nonprofit organization based in New York City, specifically at 909 Third Avenue, PO Box 280. Their primary mission is to enhance, strengthen, and promote the practice of international arbitration in New York. Although they do not administer arbitrations themselves, the center develops programs and materials related to international arbitration, the application of New York law in such matters, and the recognition, enforcement, and implementation of arbitration awards in New York. The organization is committed to educating the global community about New York as a preferred choice of law and seat for arbitration, hosting arbitration hearings for an indefinite period, and with a dedicated team of one employee.
Official website here: www.nyiac.org
Is New York International Arbitration Center Inc legitimate?
New York International Arbitration Center Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York International Arbitration Center 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: $205,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nyiac.org
What is the mission statement of New York International Arbitration Center Inc?
The New York International Arbitration Center (NYIAC) was established with the mission to advance, strengthen, and promote the conduct of international arbitration. Unlike traditional arbitration centers, NYIAC does not administer arbitrations itself. Instead, it focuses on developing educational programs and materials related to international arbitration, the application of New York law in international arbitration, and the recognition, enforcement, and implementation of arbitration awards. NYIAC hosts arbitration hearings for an indefinite duration and is committed to educating the global community about New York as a preferred choice of law and seat for arbitration.
Official website here: www.nyiac.org
Who is the CEO of New York International Arbitration Center Inc?
Carla Chavich is the Vice-Chairman & Director of New York International Arbitration Center Inc.
Official website here: www.nyiac.org
What is the revenue of New York International Arbitration Center Inc?
New York International Arbitration Center Inc's revenue in 2022 was $922,882.
Official website here: www.nyiac.org
Who are the executives of New York International Arbitration Center Inc and what are their salaries?
The average compensation at New York International Arbitration Center Inc during 2022 was $205,000. There is 1 employee at New York International Arbitration Center Inc.
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Official website here: www.nyiac.org
Where can I find the form 990 for New York International Arbitration Center Inc?
New York International Arbitration Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyiac.org
Learn more at the official website: www.nyiac.org
Mission Statement of New York International Arbitration Center Inc
The New York International Arbitration Center Inc, in its mission, strives to advance, strengthen, and promote the conduct of international arbitration. This organization, distinct from those that administer arbitrations, seeks to develop educational programs and materials related to international arbitration, New York law in this context, and the recognition, enforcement, and implementation of arbitrational awards. The Center is committed to hosting arbitration hearings for an extended period and is dedicated to educating the global community on why New York serves as a preferred choice of law and seat for arbitration.
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Impact
October, 2024
The New York International Arbitration Center (NYIAC) plays a significant role in enhancing the practice of international arbitration in New York. By providing a platform for educational programs and the development of materials focused on international arbitration, NYIAC strengthens the understanding and application of New York law in this context.
Through its initiatives, NYIAC promotes New York as a premier choice for arbitration, recognizing its importance in the global legal landscape. By hosting arbitration hearings and facilitating discussions, it fosters a collaborative environment for practitioners and stakeholders. This not only elevates New York's status as a leading arbitration hub but also encourages the recognition and enforcement of arbitral awards in the region, contributing to a more efficient and reliable dispute resolution process.
Furthermore, NYIAC's commitment to educating a global audience about international arbitration enhances the overall legal community's knowledge and expertise, ultimately supporting the fair and effective resolution of international disputes.
This information is meant to be a general summary of New York International Arbitration Center 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.
- Program Service Revenue: $133,212
- Gross Receipts: $1,290,232
Assets and Liabilities:
- Total Assets: $1,442,618
- Total Liabilities: $462,834
- Net Assets: $979,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS INCOME
Revenue
$133,212
Organization Details
Founding Year
2012
Phone
(917) 300-9550Principal Officer
Carla Chavich
Main Address
909 THIRD AVENUE PO BOX 280, NEW YORK, NY, 10150
Website
www.nyiac.orgNTEE Category
Code: I99 - Crime
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