The New Yankee Stadium Community Benefits Fund Inc
- Assets
- $210.9k
- Revenue
- $934.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 14-1979116
Organization Overview
The New Yankee Stadium Community Benefits Fund Inc is located in Bronx, NY. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Yankee Stadium Community Benefits Fund Inc 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, New Yankee Stadium Community Benefits Fund Inc generated $934.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $849.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, New Yankee Stadium Community Benefits Fund Inc has awarded 1,061 individual grants totaling $7,389,815. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Crespo Board Member | 0 | $0 | |
Leo Martinez Board Member | 0 | $0 | |
Arlene Hall Board Member | 0 | $0 | |
Soccoro Vallejo Treasurer | 0 | $0 | |
Alberto Torres Chairperson | 0 | $0 | |
Dedra Polite Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $934,177 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $934,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $15,600 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,057 |
| Total operating and administrative expenses | $103,817 |
| Contributions, gifts, grants paid | $745,319 |
| Total expenses and disbursements | $849,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,967 |
| Savings and temporary cash investments | $2,549 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,400 |
| Total assets | $210,916 |
| Accounts payable and accrued expenses | $15,315 |
| 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 | $15,315 |
Grants Awarded
Over the last fiscal year, The New Yankee Stadium Community Benefits Fund Inc has awarded $745,319 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
BASEBALL KING ACADEMY PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $2,500 |
BELL ORGANIZATION PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $12,500 |
BRIDGE ARTS INNER CITY YOUTH INITIATIVE PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $11,750 |
BRONX COMMUNITY CABLE PROGRAMMING PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $15,000 |
BRONX RIVER ALLIANCE INC PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $7,000 |
CASITA MARIA INC PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE | $15,000 |