Right To The City Action Fund Inc
- Assets
- $658.5k
- Revenue
- $184.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 84-2452802
Organization Overview
Right To The City Action Fund Inc is located in Brooklyn, NY. Right To The City Action Fund Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Right To The City Action Fund Inc generated $184.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $613.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Right To The City Action Fund Inc has awarded 15 individual grants totaling $600,000. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSOLIDATE AND GROW THE POWER OF THE RENTER CLASS TO ACHIEVE SYSTEMATIC AND MEASURABLE IMPROVEMENTS IN CIVIC ENGAGEMENT BY RENTERS IN UNDER- REPRESENTED COMMUNITIES TO ADVANCE POLICY GOALS THAT DIMINISH THE IMPACTS OF MARKET-DRIVEN DISPLACEMENT AND SECURE PERMANENTLY AFFORDABLE, NON-MARKET ALTERNATIVES TO THE CRISIS OF LAND AND HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONSOLIDATE AND GROW THE POWER OF THE RENTER CLASS TO ACHIEVE SYSTEMATIC AND MEASURABLE IMPROVEMENTS IN CIVIC ENGAGEMENT BY RENTERS IN UNDER- REPRESENTED COMMUNITIES TO ADVANCE POLICY GOALS THAT DIMINISH THE IMPACTS OF MARKET-DRIVEN DISPLACEMENT AND SECURE PERMANENTLY AFFORDABLE, NON-MARKET ALTERNATIVES TO THE CRISIS OF LAND AND HOUSING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mimi Ramos Chair | OfficerTrustee | 1 | $0 |
Carmen Medrano Treasurer | OfficerTrustee | 1 | $0 |
Andrea Shapiro Board Member | Trustee | 1 | $0 |
Dawn Phillips Executive Director | Officer | 1 | $0 |
Financial Statements
| 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 | $184,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,441 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $184,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115,000 |
| 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 | $299,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,236 |
| Payroll taxes | $24,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,255 |
| Fees for services: Accounting | $19,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,395 |
| Advertising and promotion | $0 |
| Office expenses | $1,191 |
| Information technology | $16,990 |
| Royalties | $0 |
| Occupancy | $3,983 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $10,448 |
| Conferences, conventions, and meetings | $3,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,297 |
| Insurance | $10,284 |
| All other expenses | $0 |
| Total functional expenses | $613,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,323 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $364,113 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| 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 | $7,043 |
| Total assets | $658,479 |
| Accounts payable and accrued expenses | $59,671 |
| 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 | $0 |
| Total liabilities | $59,671 |
| Net assets without donor restrictions | $413,808 |
| Net assets with donor restrictions | $185,000 |
| 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 | $658,479 |
Grants Awarded
Over the last fiscal year, Right To The City Action Fund Inc has awarded $110,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED FOR A NEW ECONOMY ACTION PURPOSE: OPERATIONS | $35,000 |
CHINESE PROGRESSIVE POLITICAL ACTION PURPOSE: OPERATIONS | $10,000 |
PEOPLE'S DEFENSE INITIATIVE PURPOSE: OPERATIONS | $35,000 |
BLACK LEAD ORGANIZING COLLABORATIVE PURPOSE: OPERATIONS | $30,000 |