Young Mens & Womens Monetary Association Of New York Inc is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (R24) the organization is classified as: Womens Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens & Womens Monetary Association Of New York Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2024, Young Mens & Womens Monetary Association Of New York Inc generated $53.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $45.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP LUNCHEONS, OUTINGS AND CONFERENCES FOR APPROXIMATELY 350 MEMBERS AND GUESTS (ATTENDANCE VARIES)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kopy Vice Chairman | 5 | $0 | |
Rory Shepard Membership | 5 | $0 | |
Justin Ratcliffe Membership | 5 | $0 | |
Matt Fantuzzi Sponsorship | 5 | $0 | |
Brian Green Treasurer | 10 | $0 | |
Matthew Cipoletti Chairman | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,660 |
| Membership dues | $24,150 |
| Investment income | $1,149 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,959 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $50 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,058 |
| Total expenses | $45,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,151 |
| Other assets | $0 |
| Total assets | $82,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,151 |