Civic Intelligence

Nyc Medics

990 • Fiscal year 2022 • EIN 20-4209205

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Wework Building 1460 BroadwayNew York, NY 10036

(888) 600-1648

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.52x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • NTEE M • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

41st percentile

0.18x

Higher debt load relative to revenue than 41% of similar nonprofits.

2022 filings • NTEE M • $1M-$5M nonprofits • Source year 2022

Net Margin

66th percentile

24%

Higher net margin than 66% of similar nonprofits.

2022 filings • NTEE M • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

98th percentile

$92,890

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2022 filings • NTEE M • $1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

2.9%

Faster asset growth than 57% of similar nonprofits.

2022 filings • NTEE M • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • NTEE M • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$444,989

Up $12,674 (+2.9%) from 2021

Net Assets

Up

$212,913

Up $310,567 (+318%) from 2021

Liabilities

Down

$232,076

Down $297,893 (-56%) from 2021

Revenue

Down

$1,267,969

Down $464,861 (-27%) from 2021

Expenses

Down

$957,402

Down $701,246 (-42%) from 2021

Net Income

Up

$310,567

Up $236,385 (+319%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2013: $17,975Liabilities 2013: $0Net Assets 2013: $17,9752013Assets 2014: $40,240Liabilities 2014: $0Net Assets 2014: $40,2402014Assets 2015: $92,442Liabilities 2015: $0Net Assets 2015: $92,4422015Assets 2016: $16,836Liabilities 2016: $35,588Net Assets 2016: -$18,7522016Assets 2017: $204,022Liabilities 2017: $56,879Net Assets 2017: $147,1432017Assets 2018: $5,130Liabilities 2018: $104,527Net Assets 2018: -$99,3972018Assets 2019: $2,214Liabilities 2019: $182,843Net Assets 2019: -$180,6292019Assets 2020: $831,213Liabilities 2020: $1,003,049Net Assets 2020: -$171,8362020Assets 2021: $432,315Liabilities 2021: $529,969Net Assets 2021: -$97,6542021Assets 2022: $444,989Liabilities 2022: $232,076Net Assets 2022: $212,9132022Assets 2023: $140,181Liabilities 2023: $39,197Net Assets 2023: $100,9842023Assets 2024: $21,654Liabilities 2024: $4,703Net Assets 2024: $16,9512024

Highlighted filing

2022

Assets$444,989
Liabilities$232,076
Net Assets$212,913

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2013: $56,150Expenses 2013: $50,206Net Income 2013: $5,9442013Revenue 2014: $58,043Expenses 2014: $46,258Net Income 2014: $11,7852014Revenue 2015: $499,052Expenses 2015: $446,850Net Income 2015: $52,2022015Revenue 2016: $52,509Expenses 2016: $159,203Net Income 2016: -$106,6942016Revenue 2017: $1,856,035Expenses 2017: $1,690,140Net Income 2017: $165,8952017Revenue 2018: $42,996Expenses 2018: $289,536Net Income 2018: -$246,5402018Revenue 2019: $113,686Expenses 2019: $194,918Net Income 2019: -$81,2322019Revenue 2020: $894,499Expenses 2020: $900,707Net Income 2020: -$6,2082020Revenue 2021: $1,732,830Expenses 2021: $1,658,648Net Income 2021: $74,1822021Revenue 2022: $1,267,969Expenses 2022: $957,402Net Income 2022: $310,5672022Revenue 2023: $48,826Expenses 2023: $160,755Net Income 2023: -$111,9292023Revenue 2024: $42,763Expenses 2024: $126,796Net Income 2024: -$84,0332024

Highlighted filing

2022

Revenue$1,267,969
Expenses$957,402
Net Income$310,567
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,267,969
Mission and Program Overview

Mission

The corporation is formed for the charitable purpose of alleviating suffering caused by natural disasters and other humanitarian crises in foreign countries.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$412,983$443,772▲ $30,789
Accounts Receivable$9,065$0▼ $9,065
Prepaid Expenses and Deferred Charges$10,267$1,217▼ $9,050
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$432,315$444,989▲ $12,674
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$312,257$232,076▼ $80,181
Deferred Revenue$212,712$0▼ $212,712
Unsecured Notes Loans Payable$5,000$0▼ $5,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$529,969$232,076▼ $297,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-97,654$212,913▲ $310,567
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-97,654$212,913▲ $310,567
Total Liabilities and Net Assets / Fund Balance$432,315$444,989▲ $12,674
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine BequaryExecutive DirectorFT$84,100$8,790$92,890

Board Members and Trustees

NameTitle
Steve MuthPresident
Al KimDirector
Dan BlumDirector
Penny NefarisDirector
Marc HirschfieldSecretary
Michael ButlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,267,969
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,267,969
Change in Net Assets
$310,567

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,267,969
Total Revenue per Audited Statements
$1,267,969
Total Revenue per Form 990
$1,267,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$857,692
Salaries, Compensation, and Employee Benefits$99,710
Total Fundraising Expense$11,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$58,870$16,820$8,410$84,100
Insurance$44,695$1,253-$45,948
Travel$28,486$5,585$1,001$35,072
Occupancy$28,632$1,140-$29,772
Fees for Services Accounting-$16,000-$16,000
Advertising$11,078--$11,078
Other Employee Benefits$6,153$1,758$879$8,790
Payroll Taxes$4,774$1,364$682$6,820
All Other Expenses$412$5,251$172$5,835
Fees for Services Other$3,661--$3,661
Other Expenses$3,594$3,405-$3,594
Office Expenses$945$409-$1,354
Information Technology$215--$215
Total Functional Expenses$893,273$52,985$11,144$957,402

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$957,402
Total Expenses per Audited Statements$957,402
Total Expenses per Form 990$957,402
International Activity

International Summary

Offices
1
Employees
24
Spending
$957,402

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServicesPrehospital & Emergenc124$957,402
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The completed form 990 was provided to management and the board of directors for their review and comments prior to its filing.

Form 990, Part VI, Section B, Line 12C

Immediately upon election or appointment to the board, all directors, principal officers, or member of a committee shall disclose any relevant interest which may pose conflict of interest questions. Thereafter, annual disclosure statements are completed each year. Disclosure shall include any interest, financial or otherwise, in any corporation, organization or partnership which provides professional or other services to the corporation. Diclosure statements shall be available to any director or the corporation on request. When any matter comes before the board or any committee of the board in which a director has an interest, that interest shall be immediately disclosed to the board or committee. Whether a director has an interest in a matter shall be determined by whether that person would derive an individual economic benefit, either directly or indirectly, from the decision on the matter by the board or committee. An "interest" is not intended to include positions on legislative matters of general impact. No director shall vote on any matter in which he or she has an interest. The board may, by majority vote, ask any director who has an interest in a matter not to participate, or to leave the room in which the discussion is carried on; provided, however, that the interested director may participate in any discussion regarding his or her exclusion. Directors shall not attempt to influence other directors regarding matters in which they are interested, without disclosing that interest.

Form 990, Part VI, Section B, Line 15A

In determining compensation, the human resource committee of the board will obtain research and information to make a recommendation to the full board for the compensation (salary and benefits) of the executive director (and other highly compensated employees or consultants) based on a review of comparability data. To approve the compensation for the executive director (and other highly compensated employees and consultants) the board must document how it reached it decisions, including the data on which it relied, in minutes of the meeting during which the compensation was approved. Documentation will include: a. A description of the compensation and benefits and the date it was approved; b. The members of the board who were present during the discussion about compensation and benefits, and the results of the vote; c. A description of the comparability data relied upon and how the data was obtained; and d. Any actions taken (such as abstaining from the discussion and vote) with respect to consideration of the compensation by anyone who is otherwise a member of the board but who had a conflict of interest with respect to the decision on the compensation and benefits. If the president, executive director or other employee is a board member, he or she may not participate in the vote with respect to his or her compensation. Review of the compensation policy is documented in the board minutes and was last undertaken in 2020.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required in section 6104 of the internal revenue code. The return is posted on the organization's website and guidestar.org, and are also available upon request. In addition, the financial statements are also posted on the organization's website, and are available upon request. Conflict of interest policy, articles of incorporation and by-laws are available upon written request at wework building, 1460 broadway, new york, new york, 10036 or by calling the organization directly at 888-600-1648.

Filing and Contact Details

Filer

Filer Name
NYC Medics
EIN
20-4209205
In Care Of
% KATHERINE BEQUARY
Phone
8886001648
Address
Wework Building 1460 Broadway, New York, NY 10036

Signing Officer

Name
Michael Butler
Title
Treasurer
Phone
8886001648
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Muth
Formed
2006
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
298

Preparer

Firm
Nanavaty Davenport Studley White
Address
123 South Main St Suite 140, NEWTOWN, CT 06470
Preparer
Azian A Kearney CPA
Phone
2034268500
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Nyc medics rapidly deploys to remote and difficult to reach areas in disaster zones and complex humanitarian emergencies providing the highest level of medical care with dignitiy, integrity, and compassion to people who would otherwise not have access to aid and relief efforts.

Form 990, Part III, Line 4A - Program Service

NYCMedics is committed to the humanitarian imperative - the right to receive and to give assistance wherever it is needed. We are a global relief organization that works in unison with the larger humanitarian response to disasters and complex emergencies throughout the world to save lives and lessen human suffering. We put our mission into action with three core international programs: mobile medical disaster relief, health systems development, and global aid targeted initiatives. NYCMedics is uniquely positioned to rapidly deploy emergency medical teams that provide the highest level of care to people who would otherwise not have access to relief efforts. We build sustainable emergency medical systems and disaster preparedness infrastructure in low- and middle-income countries on a local, regional, and national scale. We also partner with local nonprofit organizations by providing expert technical assistance and the necessary resources that support ongoing humanitarian relief efforts to aid vulnerable populations isolated by geographical or economic barriers. YEMEN From June 2020 through April 2022, NYCMedics directed relief efforts in the South of Yemen as an implementing partner to the World Health Organization (WHO) in effort to develop the capacity of the prehospital care system. NYCMedics mission in Yemen primarily focused on the metropolitan area of Aden and sought to lower the morbidity and mortality rate in the population for acute illnesses and injuries addressable by prehospital care. This project encompassed the concepts of prehospital care and trauma care coordination and included, but was not limited to, implementing, monitoring, managing and coordinating 24/7 ambulance services, human resources management and workforce development, implementing and managing dispatch call center operations, establishing and maintaining patient referral pathways and coordinating and troubleshooting prehospital and inter-facility transfers in real time. The overall project objectives were to scale up prehospital care capacity in Aden and minimize mortality and morbidity suffered by medical emergency and trauma patients. The project incorporated three overarching elements: the implementation of an integrated referral system in Aden that included the development and harmonization of nine patient referral pathways, improved coordination and capacity of ambulances operated by national staff and health facilities in Aden and, the implementation of skilled medical assistance during ambulance transfers and medical emergency response. Aden governorate has a complex health system composed of hundreds of health facilities, both public and private, with varying degrees of capability. Prior to this project there was no clear system to identify which hospitals had functioning 24/7 emergency departments or surgical services available to stabilize critically ill patients. Without a referral pathway, movement of patients was typically directed by relatives, resulting in patients being taken from facility to facility without receiving appropriate care. To reduce these delays in care and misdirection of patients, our team developed referral pathways focused on matching patient needs to the nearest capable facility. The Referral Coordination team conducted site assessments and established nine referral pathway protocols to be used by prehospital care providers to determine the most appropriate destination for patients. The goal of these pathways was to ensure that unstable patients receive timely stabilization at the nearest facility capable of delivering appropriate emergency care, while stable patients were referred to hospitals most equipped to handle their specialized needs such as surgical specialties. Prior to implementation of our work, there was wide variability in the quality of care provided by prehospital care providers. Even among trained hospital staff, there was inconsistent medical training often based on an apprenticeship style of tra

Financial Statement Notes

Schedule D, Part X, Line 2

NYC Medics is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described under Section 501(c)(3). Management is not aware of any course of action or series of events that have occurred that might adversely affect the organization's exempt status. Accounting principles generally accepted in the United States of America (GAAP) require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes that it is no longer subject to income tax examinations for years prior to 2019.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NYC Medics is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described under Section 501(c)(3). Management is not aware of any course of action or series of events that have occurred that might adversely affect the organization's exempt status. Accounting principles generally accepted in the United States of America (GAAP) require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes that it is no longer subject to income tax examinations for years prior to 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Prehospital & Emergenc
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization used the accrual method to account for expenditures.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1From June 2020 through April 2022, NYCMedics provided relief efforts in Yemen as an implementing partner to the World Health Organization to develop and implement a sustainable prehospital health system in Aden. This included developing the entire prehospital dispatch, clinical and operational framework, training the workforce, defining and managing the patient referral pathways from prehospital point of access to patient handover at the emergency departments, and troubleshooting transfer and referral issues in real time. NYCMedics developed and applied prehospital care minimum training requirements, standard operating procedures, human resources policies and procedures, supply chain, procurement and management policies and procedures, clinical protocols and communication algorithms. We ensured continuous 24/7 prehospital services by providing essential support that included fuel, preventative maintenance and repair of ambulances, and stocking ambulances with essential medical equipment and supplies. Additionally, we corrected significant infrastructure shortfalls at the Emergency Ambulance Service (EAS) and Emergency Operations Center (EOC) facility including ensuring 24/7 electricity and phone communications. NYCMedics also addressed critical communications infrastructure disparities throughout Aden that negatively affected the prehospital and emergency care network. NYCMedics continues to provide remote support to the Ministry of Public Health and Population to finalize key activities, including the installation of an ambulance radio communication system and improving communications infrastructure in Aden.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NYC MEDICS RAPIDLY DEPLOYS TO REMOTE AND DIFFICULT TO REACH AREAS IN DISASTER ZONES AND COMPLEX HUMANITARIAN EMERGENCIES PROVIDING THE HIGHEST LEVEL OF MEDICAL CARE WITH DIGNITIY, INTEGRITY, AND COMPASSION TO PEOPLE WHO WOULD OTHERWISE NOT HAVE ACCESS TO AID AND RELIEF EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NYCMedics is committed to the humanitarian imperative - the right to receive and to give assistance wherever it is needed. We are a global relief organization that works in unison with the larger humanitarian response to disasters and complex emergencies throughout the world to save lives and lessen human suffering. We put our mission into action with three core international programs: mobile medical disaster relief, health systems development, and global aid targeted initiatives. NYCMedics is uniquely positioned to rapidly deploy emergency medical teams that provide the highest level of care to people who would otherwise not have access to relief efforts. We build sustainable emergency medical systems and disaster preparedness infrastructure in low- and middle-income countries on a local, regional, and national scale. We also partner with local nonprofit organizations by providing expert technical assistance and the necessary resources that support ongoing humanitarian relief efforts to aid vulnerable populations isolated by geographical or economic barriers. YEMEN From June 2020 through April 2022, NYCMedics directed relief efforts in the South of Yemen as an implementing partner to the World Health Organization (WHO) in effort to develop the capacity of the prehospital care system. NYCMedics mission in Yemen primarily focused on the metropolitan area of Aden and sought to lower the morbidity and mortality rate in the population for acute illnesses and injuries addressable by prehospital care. This project encompassed the concepts of prehospital care and trauma care coordination and included, but was not limited to, implementing, monitoring, managing and coordinating 24/7 ambulance services, human resources management and workforce development, implementing and managing dispatch call center operations, establishing and maintaining patient referral pathways and coordinating and troubleshooting prehospital and inter-facility transfers in real time. The overall project objectives were to scale up prehospital care capacity in Aden and minimize mortality and morbidity suffered by medical emergency and trauma patients. The project incorporated three overarching elements: the implementation of an integrated referral system in Aden that included the development and harmonization of nine patient referral pathways, improved coordination and capacity of ambulances operated by national staff and health facilities in Aden and, the implementation of skilled medical assistance during ambulance transfers and medical emergency response. Aden governorate has a complex health system composed of hundreds of health facilities, both public and private, with varying degrees of capability. Prior to this project there was no clear system to identify which hospitals had functioning 24/7 emergency departments or surgical services available to stabilize critically ill patients. Without a referral pathway, movement of patients was typically directed by relatives, resulting in patients being taken from facility to facility without receiving appropriate care. To reduce these delays in care and misdirection of patients, our team developed referral pathways focused on matching patient needs to the nearest capable facility. The Referral Coordination team conducted site assessments and established nine referral pathway protocols to be used by prehospital care providers to determine the most appropriate destination for patients. The goal of these pathways was to ensure that unstable patients receive timely stabilization at the nearest facility capable of delivering appropriate emergency care, while stable patients were referred to hospitals most equipped to handle their specialized needs such as surgical specialties. Prior to implementation of our work, there was wide variability in the quality of care provided by prehospital care providers. Even among trained hospital staff, there was inconsistent medical training often based on an apprenticeship style of tra
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETED FORM 990 WAS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IMMEDIATELY UPON ELECTION OR APPOINTMENT TO THE BOARD, ALL DIRECTORS, PRINCIPAL OFFICERS, OR MEMBER OF A COMMITTEE SHALL DISCLOSE ANY RELEVANT INTEREST WHICH MAY POSE CONFLICT OF INTEREST QUESTIONS. THEREAFTER, ANNUAL DISCLOSURE STATEMENTS ARE COMPLETED EACH YEAR. DISCLOSURE SHALL INCLUDE ANY INTEREST, FINANCIAL OR OTHERWISE, IN ANY CORPORATION, ORGANIZATION OR PARTNERSHIP WHICH PROVIDES PROFESSIONAL OR OTHER SERVICES TO THE CORPORATION. DICLOSURE STATEMENTS SHALL BE AVAILABLE TO ANY DIRECTOR OR THE CORPORATION ON REQUEST. WHEN ANY MATTER COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD IN WHICH A DIRECTOR HAS AN INTEREST, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR COMMITTEE. WHETHER A DIRECTOR HAS AN INTEREST IN A MATTER SHALL BE DETERMINED BY WHETHER THAT PERSON WOULD DERIVE AN INDIVIDUAL ECONOMIC BENEFIT, EITHER DIRECTLY OR INDIRECTLY, FROM THE DECISION ON THE MATTER BY THE BOARD OR COMMITTEE. AN "INTEREST" IS NOT INTENDED TO INCLUDE POSITIONS ON LEGISLATIVE MATTERS OF GENERAL IMPACT. NO DIRECTOR SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS AN INTEREST. THE BOARD MAY, BY MAJORITY VOTE, ASK ANY DIRECTOR WHO HAS AN INTEREST IN A MATTER NOT TO PARTICIPATE, OR TO LEAVE THE ROOM IN WHICH THE DISCUSSION IS CARRIED ON; PROVIDED, HOWEVER, THAT THE INTERESTED DIRECTOR MAY PARTICIPATE IN ANY DISCUSSION REGARDING HIS OR HER EXCLUSION. DIRECTORS SHALL NOT ATTEMPT TO INFLUENCE OTHER DIRECTORS REGARDING MATTERS IN WHICH THEY ARE INTERESTED, WITHOUT DISCLOSING THAT INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN DETERMINING COMPENSATION, THE HUMAN RESOURCE COMMITTEE OF THE BOARD WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE EXECUTIVE DIRECTOR (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS) BASED ON A REVIEW OF COMPARABILITY DATA. TO APPROVE THE COMPENSATION FOR THE EXECUTIVE DIRECTOR (AND OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS) THE BOARD MUST DOCUMENT HOW IT REACHED IT DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. DOCUMENTATION WILL INCLUDE: A. A DESCRIPTION OF THE COMPENSATION AND BENEFITS AND THE DATE IT WAS APPROVED; B. THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DISCUSSION ABOUT COMPENSATION AND BENEFITS, AND THE RESULTS OF THE VOTE; C. A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW THE DATA WAS OBTAINED; AND D. ANY ACTIONS TAKEN (SUCH AS ABSTAINING FROM THE DISCUSSION AND VOTE) WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION AND BENEFITS. IF THE PRESIDENT, EXECUTIVE DIRECTOR OR OTHER EMPLOYEE IS A BOARD MEMBER, HE OR SHE MAY NOT PARTICIPATE IN THE VOTE WITH RESPECT TO HIS OR HER COMPENSATION. REVIEW OF THE COMPENSATION POLICY IS DOCUMENTED IN THE BOARD MINUTES AND WAS LAST UNDERTAKEN IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED IN SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON THE ORGANIZATION'S WEBSITE AND GUIDESTAR.ORG, AND ARE ALSO AVAILABLE UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE, AND ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST AT WEWORK BUILDING, 1460 BROADWAY, NEW YORK, NEW YORK, 10036 OR BY CALLING THE ORGANIZATION DIRECTLY AT 888-600-1648.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a - Program Service
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C

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