Civic Intelligence

Manhattan Chamber of Commerce Foundation Inc

EIN 13-4016593 • 501(c)3 • New York, NY

Profile

To stimulate and encourage the interest of the general

12 E 49th St 11th FLNew York, NY 10017

manhattancc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.64x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.22x

Higher debt load relative to revenue than 92% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$186,659

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

0.5%

Faster asset growth than 39% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

14%

Faster revenue growth than 57% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$2,125,136

Up $10,966 (+0.5%) from 2023

Liabilities

Down

$1,357,727

Down $160,668 (-11%) from 2023

Net Assets

Up

$767,409

Up $171,634 (+29%) from 2023

Operations
Liabilities / Revenue92nd percentileNet Margin67th percentile

Revenue

Up

$1,115,836

Up $134,669 (+14%) from 2023

Expenses

Down

$944,202

Down $213,143 (-18%) from 2023

Net Income

Up

$171,634

Up $347,812 (+197%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $4,232Liabilities 2010: $11,783Net Assets 2010: -$7,5512010Assets 2011: $39,095Liabilities 2011: $5,000Net Assets 2011: $34,0952011Assets 2012: $64,215Liabilities 2012: $2,651Net Assets 2012: $61,5642012Assets 2013: $137,792Liabilities 2013: $51,500Net Assets 2013: $86,2922013Assets 2014: $204,881Liabilities 2014: $12,541Net Assets 2014: $192,3402014Assets 2015: $198,561Liabilities 2015: $11,082Net Assets 2015: $187,4792015Assets 2016: $193,577Liabilities 2016: $16,000Net Assets 2016: $177,5772016Assets 2017: $158,943Liabilities 2017: $900Net Assets 2017: $158,0432017Assets 2018: $312,019Liabilities 2018: $108,221Net Assets 2018: $203,7982018Assets 2019: $324,955Liabilities 2019: $130,738Net Assets 2019: $194,2172019Assets 2020: $516,276Liabilities 2020: $133,692Net Assets 2020: $382,5842020Assets 2021: $1,163,116Liabilities 2021: $505,605Net Assets 2021: $657,5112021Assets 2022: $2,437,925Liabilities 2022: $1,665,972Net Assets 2022: $771,9532022Assets 2023: $2,114,170Liabilities 2023: $1,518,395Net Assets 2023: $595,7752023Assets 2024: $2,125,136Liabilities 2024: $1,357,727Net Assets 2024: $767,4092024

Highlighted filing

2024

Assets$2,125,136
Liabilities$1,357,727
Net Assets$767,409
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $75,750Expenses 2010: $78,972Net Income 2010: -$3,2222010Revenue 2011: $142,405Expenses 2011: $100,759Net Income 2011: $41,6462011Revenue 2012: $82,906Expenses 2012: $55,437Net Income 2012: $27,4692012Revenue 2013: $89,291Expenses 2013: $64,563Net Income 2013: $24,7282013Revenue 2014: $210,739Expenses 2014: $104,691Net Income 2014: $106,0482014Revenue 2015: $68,925Expenses 2015: $73,786Net Income 2015: -$4,8612015Revenue 2016: $51,503Expenses 2016: $61,405Net Income 2016: -$9,9022016Revenue 2017: $99,275Expenses 2017: $118,809Net Income 2017: -$19,5342017Revenue 2018: $228,668Expenses 2018: $182,913Net Income 2018: $45,7552018Revenue 2019: $162,838Expenses 2019: $172,419Net Income 2019: -$9,5812019Revenue 2020: $391,002Expenses 2020: $202,635Net Income 2020: $188,3672020Revenue 2021: $778,265Expenses 2021: $503,338Net Income 2021: $274,9272021Revenue 2022: $1,327,879Expenses 2022: $1,213,437Net Income 2022: $114,4422022Revenue 2023: $981,167Expenses 2023: $1,157,345Net Income 2023: -$176,1782023Revenue 2024: $1,115,836Expenses 2024: $944,202Net Income 2024: $171,6342024

Highlighted filing

2024

Revenue$1,115,836
Expenses$944,202
Net Income$171,634
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,125,136
Liabilities
$1,357,727
Net assets
$767,409
Revenue
$1,115,836
Expenses
$944,202
Net income
$171,634
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.13$1.36$0.77$1.12$0.94$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$1.52$0.60$0.98$1.16$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.44$1.67$0.77$1.33$1.21$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.51$0.66$0.78$0.50$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.13$0.38$0.39$0.20$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.13$0.19$0.16$0.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.11$0.20$0.23$0.18$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.10$0.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.18$0.05$0.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.07$0.07$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.21$0.10$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.05$0.09$0.09$0.06$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.08$0.06$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.14$0.10$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.01$0.01$0.08$0.08$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.0
Gross Receipts
$1,115,836
Mission and Program Overview

Mission

To stimulate and encourage the interest of the general public and business

To stimulate and encourage the interest of the general public and business entities in active participation in.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$677,640--
Pledges and Grants Receivable-$515,967-
Cash and Non-Interest-Bearing Accounts$158,254$265,800▲ $107,546
Prepaid Expenses and Deferred Charges-$7,782-
Total Assets$2,114,170$2,125,136▲ $10,966
Other Assets Total$1,278,276$1,335,587▲ $57,311
Liabilities
Other Liabilities$1,518,395$844,106▼ $674,289
Grants Payable-$513,621-
Total Liabilities$1,518,395$1,357,727▼ $160,668
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$595,775$767,409▲ $171,634
Total Net Assets Fund Balance$595,775$767,409▲ $171,634
Total Liabilities and Net Assets / Fund Balance$2,114,170$2,125,136▲ $10,966

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,335,587--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleBaseOtherTotal
Jessica WalkerPresident an$98,782$87,877$186,659
Jessica WalkerPresident and CEO$98,782-$98,782

Board Members and Trustees

NameTitle
Don WinterChairman
Kai FalkenbergGeneral Coun
Robert WalshSecretary
Matthew RothmanTreasurer
Caroline KretzVice Preside
Jonathan BingVice Preside
Michael KempnerVice Preside
Khary BarnesVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$979,336
Program Service Revenue
$134,805
Investment Income
$0
Other Revenue
$1,695
All Other Contributions
$17,195
Change in Net Assets
$171,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$574,319
Other Expenses$369,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$391,404--$391,404
Fees for Services Other$182,639$5,174-$187,813
Current Officers, Directors, Trustees, and Key Employees$98,782--$98,782
Occupancy$264$55,498-$55,762
Fees for Services Accounting-$54,949-$54,949
Other Employee Benefits$44,634--$44,634
Payroll Taxes$39,499--$39,499
Office Expenses$85$18,336-$18,421
Information Technology-$16,249-$16,249
Fees for Services Legal-$13,095-$13,095
Travel$1,795$6,768-$8,563
Insurance-$3,582-$3,582
Interest$2,987--$2,987
Advertising$1,680--$1,680
Other Expenses$269$105-$105
Total Functional Expenses$767,659$176,543$0$944,202
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,695
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$844,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by organization's management and board of directors”

Form 990, Page 6, Part VI, Line 12C

“Officers and executive committee members are required to disclose potential interests that could give rise to conflict. The executive committee reviews its conflict of interest policy and requests disclosure from its members annually.”

Form 990, Page 6, Part VI, Line 19

“The organization promotes transparency as a best practice and typically furnishes its governing documents, policies and financial statements upon written request”

Filing and Contact Details

Filer

Filer Name
Manhattan Chamber of Commerce
EIN
13-4016593
Phone
2124737875
Address
12 E 49TH ST 11TH FL, NEW YORK, NY 10017

Signing Officer

Name
Jessica Walker
Title
President and CEO
Phone
2124737875
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Walker
Formed
1994
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
8
Employees
11

Preparer

Firm
Galleros Robinson
Address
488 MADISON AVE RM 2005, NEW YORK, NY 10022
Preparer
Richard Levychin
Phone
6469210400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“International and educational events - to stimulate and encourage the interest of the general public and business entities in active participation in the development and growth of manhattan-based businesses in international industry, commerce, and civic affairs and the political process.”

Form 990, Part IX, Line 11G

“Consulting 181,014 0 0 payroll processing fees 0 5,174 0 event purchases 365 0 0 event photography & filming 1,260 0 0 total 182,639 5,174 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“Under fin 48, the organization does not take a tax benefit (i.e. An expense) on its financial statements because it does not believe the position would, more likely than not, be allowed by a taxing authority. "more likely than not" is defined as greater than 50 percent and, in evaluating the "more likely than not" position, the organization assumes that the taxing authority is aware of all relevant facts. If the organization cannot satisfy this threshold, it will not be allowed to take the benefit of the position until is recognized.”

Schedule D, Page 4, Part XIII

“As of current year end, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were recorded during the year. Generally, the tax years before 2021 are no longer subject to examination by federal, state, or local taxing authorities.”

Raw XML AppendixShowing 400 of 496 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3GENERAL COUN
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IRS990/ProgramServiceRevenueGrp/Desc4ASSOCIATION FOR A BETTER NEW
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0INTERNATIONAL AND EDUCATIONAL EVENTS - TO STIMULATE AND ENCOURAGE THE INTEREST OF THE GENERAL PUBLIC AND BUSINESS ENTITIES IN ACTIVE PARTICIPATION IN THE DEVELOPMENT AND GROWTH OF MANHATTAN-BASED BUSINESSES IN INTERNATIONAL INDUSTRY, COMMERCE, AND CIVIC AFFAIRS AND THE POLITICAL PROCESS.
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IRS990/RevenueAmt0134805
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 41,445
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER FIN 48, THE ORGANIZATION DOES NOT TAKE A TAX BENEFIT (I.E. AN EXPENSE) ON ITS FINANCIAL STATEMENTS BECAUSE IT DOES NOT BELIEVE THE POSITION WOULD, MORE LIKELY THAN NOT, BE ALLOWED BY A TAXING AUTHORITY. "MORE LIKELY THAN NOT" IS DEFINED AS GREATER THAN 50 PERCENT AND, IN EVALUATING THE "MORE LIKELY THAN NOT" POSITION, THE ORGANIZATION ASSUMES THAT THE TAXING AUTHORITY IS AWARE OF ALL RELEVANT FACTS. IF THE ORGANIZATION CANNOT SATISFY THIS THRESHOLD, IT WILL NOT BE ALLOWED TO TAKE THE BENEFIT OF THE POSITION UNTIL IS RECOGNIZED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AS OF CURRENT YEAR END, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR. GENERALLY, THE TAX YEARS BEFORE 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XIII
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JESSICA WALKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTERNATIONAL AND EDUCATIONAL EVENTS - TO STIMULATE AND ENCOURAGE THE INTEREST OF THE GENERAL PUBLIC AND BUSINESS ENTITIES IN ACTIVE PARTICIPATION IN THE DEVELOPMENT AND GROWTH OF MANHATTAN-BASED BUSINESSES IN INTERNATIONAL INDUSTRY, COMMERCE, AND CIVIC AFFAIRS AND THE POLITICAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY ORGANIZATION'S MANAGEMENT AND BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND EXECUTIVE COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE EXECUTIVE COMMITTEE REVIEWS ITS CONFLICT OF INTEREST POLICY AND REQUESTS DISCLOSURE FROM ITS MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROMOTES TRANSPARENCY AS A BEST PRACTICE AND TYPICALLY FURNISHES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING 181,014 0 0 PAYROLL PROCESSING FEES 0 5,174 0 EVENT PURCHASES 365 0 0 EVENT PHOTOGRAPHY & FILMING 1,260 0 0 TOTAL 182,639 5,174 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MANHATTAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1MANHATTAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MANHATTAN CHAMBER OF COMMERCE COMMU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MANHATTAN CHAMBER OF COMMERCE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133767644
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1132729646
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C6
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ASSIST AND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1BUSINESS D
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012 EAST 49TH ST 11TH FL NO 21-11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt112 EAST 49TH ST 11TH FL NO 21-11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: MANHATTAN CHAMBER OF COMMERCE COMMUNITY BENEFIT FUND EIN: 13-3767644 12 EAST 49TH ST, 11TH FL, NO. 21-113 NEW YORK, NY 10017 PRIMARY ACTIVITY: ASSIST AND SUPPORT 501(C)(3) CHARITABLE ENTITIES DIRECT CONTROLLING ENTITY: MANHATTAN CHAMBER OF COMMERCE, INC. NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: MANHATTAN CHAMBER OF COMMERCE, INC. EIN: 13-2729646 12 EAST 49TH ST, 11TH FL, NO. 21-113 NEW YORK, NY 10017 PRIMARY ACTIVITY: BUSINESS DEVELOPMENT DIRECT CONTROLLING ENTITY: MANHATTAN CHAMBER OF COMMERCE, INC.

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