New York City Business Travel Association Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. New York City Business Travel Association 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 12/2022, New York City Business Travel Association Inc generated $71.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $93.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IN THE BEGINNING OF 2021, WE WERE STILL OPERATING OUR EVENTS IN A VIRTUAL SPACE. WE HAD EDUCATION SESSIONS THAT COVERED TOPICS INCLUDING "VACCINES ARE HERE, NOW WHAT" IN JANUARY, "WOMEN'S HISTORY MONTH PANEL" IN MARCH, AND EVENTS AROUND THE STATE OF THE INDUSTRY (APRIL) AND HOSPITALITY IN NYC (JUNE). IN AUGUST, WE BEGAN TO BRING PEOPLE BACK TOGETHER IN PERSON WITH NETWORKING EVENTS IN AUGUST AND DECEMBER; EDUCATION EVENTS COVERING THE HOTEL RFP PROCESS IN SEPTEMBER AND HAUNTED HOSPITALITY IN OCTOBER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Gheerow Chairman Of The Board | 1 | $0 | |
Rosemary Maloney President | 1 | $0 | |
Kelly Ferrigno Vice President | 1 | $0 | |
Marek Dudziak Treasurer | 1 | $0 | |
Kym Hoover Director Of Communication | 1 | $0 | |
Annie Ramos-Molina Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $60,782 |
Membership dues | $10,581 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $450 |
Total Revenue | $71,813 |
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 | $2,155 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $91,541 |
Total expenses | $93,696 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $78,002 |
Other assets | $0 |
Total assets | $78,002 |
Total liabilities | $0 |
Net assets or fund balances | $78,002 |