Students Aid Association - City College - City Univ Of New York
- Assets
- $1.1m
- Revenue
- $25.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1945
- Data as of
- 04/2023
- EIN
- 13-2625576
Organization Overview
Students Aid Association - City College - City Univ Of New York is located in New York, NY. The organization was established in 1945. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Students Aid Association - City College - City Univ Of New York is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Students Aid Association - City College - City Univ Of New York generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $87.3k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ira Blumenriech President | 1 | $0 | |
Henry Burger Vice President | 1 | $0 | |
Ron Cooper Vice President | 1 | $0 | |
E Maudette Brownlee Treasurer | 1 | $0 | |
Alan Feigenberg Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $259 |
| Dividends & Interest | $14,185 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,582 |
| Capital Gain Net Income | $10,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $416 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $503 |
| Total operating and administrative expenses | $22,325 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $87,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,608 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,663 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $951 |
| Total assets | $1,059,675 |
| Accounts payable and accrued expenses | $6,800 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,800 |
Grants Awarded
Over the last fiscal year, Students Aid Association - City College - City Univ Of New York has awarded $42,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RENE CORDERO PURPOSE: CHARITABLE | $2,000 |
THE CITY COLLEGE PURPOSE: EDUCATION | $40,000 |