The German Society Of The City Of New York is located in New York, NY. The organization was established in 1926. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German Society Of The City 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 12/2022, German Society Of The City Of New York generated $358.8k 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 (15.3%) each year. All expenses for the organization totaled $508.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, German Society Of The City Of New York has awarded 66 individual grants totaling $2,028,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY PROVIDES SOCIAL SERVICES,FINANCIAL RELIEF AND ASSISTANCE TO GERMAN IMMIGRANTS THEIR FAMILIES AND DESCENDANTS. THE SOCIETY PROVIDES HELP AND ASSISTANCE IN THE AREAS OF EMPLOYMENT,PUBLIC AND PRIVATE HEALTH AND WELFARE SERVICES AND SOCIAL SECURITY BENIFITS. THE SOCIETY ALSO PROVIDES GRANTS AND CONTRIBUTIONS TO OTHER NON PROFIT EDUCATIONAL INSTITUTIONS AND ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVISORY SERVICES
SOCIAL WELFARE AND EDUCATION
ESTATE AND TRUST ADMINISTRATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arnd Braun-Storck Director | Trustee | 0.25 | $0 |
J Nicholas Suhr 1vp,tres | OfficerTrustee | 0.25 | $0 |
William J Schauer President | OfficerTrustee | 0.25 | $0 |
Alfred Bottjer Asst Tres | Trustee | 0.25 | $0 |
Lya Pfeifer 2ndvp,secretary | OfficerTrustee | 0.25 | $0 |
Joseph Pfeifer Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,349 |
Investment income | $139,132 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $215,300 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $358,781 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $309,100 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $80,105 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,826 |
Payroll taxes | $6,440 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $52,543 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,907 |
All other expenses | $0 |
Total functional expenses | $508,914 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $667,954 |
Savings and temporary cash investments | $5,857,270 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,337 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $10,855 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,539,416 |
Accounts payable and accrued expenses | $4,501 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3 |
Total liabilities | $4,504 |
Net assets without donor restrictions | $6,534,912 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,539,416 |
Over the last fiscal year, The German Society Of The City Of New York has awarded $308,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
COLUMBIA UNIVERSITY SCHOLARSH PURPOSE: Scholarships | $15,000 |
FORDHAM UNIVERSITY GRADUATE PURPOSE: Scholarships | $10,000 |
FORDHAM UNIVERSITY SCHOLAR PURPOSE: Scholarships | $15,000 |
FRIENDS OF GOETHE NEW YORK IN PURPOSE: HISTORY ARTS AND RELIGION | $13,000 |
GERMAN AMERICAN SCHOOL PURPOSE: Language Education | $40,000 |
LIEDERKRANZ FOUNDATION PURPOSE: Musical Education | $85,000 |