Civic Intelligence

York Street Project

990 • Fiscal year 2018 • EIN 22-3117171

Jul 01, 2017 to Jun 30, 2018 • Filed on May 01, 2019

89 York StreetJersey City, NJ 07302

(201) 451-9838

Siviq Scores

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

Liabilities / Assets

69th percentile

0.27x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.08x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

32nd percentile

-2.5%

Higher net margin than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

74th percentile

$113,923

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

54th percentile

2.0%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-8.9%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,226,444

Up $23,947 (+2.0%) from 2017

Net Assets

Down

$889,714

Down $105,854 (-11%) from 2017

Liabilities

Up

$336,730

Up $129,801 (+63%) from 2017

Revenue

Down

$4,232,020

Down $413,471 (-8.9%) from 2017

Expenses

Up

$4,337,874

Up $219,253 (+5.3%) from 2017

Net Income

Down

-$105,854

Down $632,724 (-120%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $1,202,497Liabilities 2017: $206,929Net Assets 2017: $995,5682017Assets 2018: $1,226,444Liabilities 2018: $336,730Net Assets 2018: $889,7142018Assets 2019: $958,397Liabilities 2019: $325,468Net Assets 2019: $632,9292019Assets 2020: $1,976,741Liabilities 2020: $625,733Net Assets 2020: $1,351,0082020Assets 2021: $2,620,525Liabilities 2021: $438,713Net Assets 2021: $2,181,8122021Assets 2022: $2,838,322Liabilities 2022: $377,183Net Assets 2022: $2,461,1392022Assets 2023: $3,458,598Liabilities 2023: $369,125Net Assets 2023: $3,089,4732023Assets 2024: $2,952,848Liabilities 2024: $344,823Net Assets 2024: $2,608,0252024

Highlighted filing

2018

Assets$1,226,444
Liabilities$336,730
Net Assets$889,714

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $4,645,491Expenses 2017: $4,118,621Net Income 2017: $526,8702017Revenue 2018: $4,232,020Expenses 2018: $4,337,874Net Income 2018: -$105,8542018Revenue 2019: $4,048,640Expenses 2019: $4,305,425Net Income 2019: -$256,7852019Revenue 2020: $4,928,858Expenses 2020: $4,210,779Net Income 2020: $718,0792020Revenue 2021: $5,274,139Expenses 2021: $4,443,335Net Income 2021: $830,8042021Revenue 2022: $5,027,224Expenses 2022: $4,725,903Net Income 2022: $301,3212022Revenue 2023: $5,684,196Expenses 2023: $5,052,817Net Income 2023: $631,3792023Revenue 2024: $4,950,640Expenses 2024: $5,417,793Net Income 2024: -$467,1532024

Highlighted filing

2018

Revenue$4,232,020
Expenses$4,337,874
Net Income-$105,854
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 1, 2019
Return Version
2017v2.3
Gross Receipts
$4,313,011
Mission and Program Overview

Mission

York Street Project (YSP) clearly recognizes and understands that a person's life and family hang in the balance if they have no home, no education, and no childcare - and that these issues cannot be viewed in isolation. Founded in 1989, YSP simultaneously provides housing, education, childcare, counseling, and job & life-skills training to nearly 400 individuals each year that allows them to begin their journey out of poverty toward a life of self-sufficiency.The mission of the York Street Project (YSP) is to weave innovative programs that shelter, feed, educate and promote the healing and independence of persons in need, especially women, children and families.

York street project provides housing, education, child care, couselling,job and life-skills training to nearly 500 women and children each year allowing them to begin their journey toward a life of self-sufficiency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$520,616$716,417▲ $195,801
Cash and Non-Interest-Bearing Accounts$553,343$242,352▼ $310,991
Accounts Receivable$55,925$186,016▲ $130,091
Prepaid Expenses and Deferred Charges$642--
Total Assets$1,202,497$1,226,444▲ $23,947
Other Assets Total$71,971$81,659▲ $9,688
Liabilities
Accounts Payable and Accrued Expenses$200,929$304,934▲ $104,005
Other Liabilities$1,000$31,000▲ $30,000
Deferred Revenue$5,000$796▼ $4,204
Total Liabilities$206,929$336,730▲ $129,801
Net Assets / Fund Balance
Unrestricted Net Assets$780,598$674,744▼ $105,854
Temporarily Rstr Net Assets$214,970$214,970→ $0
Total Net Assets Fund Balance$995,568$889,714▼ $105,854
Total Liabilities and Net Assets / Fund Balance$1,202,497$1,226,444▲ $23,947

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$716,417$895,618$1,612,035
Other Assets Org$2,707--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susanne M ByrnePresidentFT$88,575$25,348$113,923

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,083,631
Program Service Revenue
$1,178,472
Investment Income
$0
Other Revenue
$-30,083
All Other Contributions
$1,654,830
Change in Net Assets
$-105,854

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,232,020
Revenue Not Reported on Form 990
$1,137,090
Total Revenue per Audited Statements
$5,369,110
Total Revenue per Form 990
$4,232,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,610,248
Other Expenses$1,005,296
Grants and Similar Amounts Paid$722,330
Total Fundraising Expense$350,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,474,682$128,325$221,313$1,824,320
Grants to Domestic Individuals$722,330--$722,330
Other Employee Benefits$371,796$10,710$25,021$407,527
Occupancy$133,730$88,334$7,960$230,024
Fees for Services Other$85,746$60,924$26,365$173,035
Payroll Taxes$115,308$31,772$11,783$158,863
Pension Plan Contributions$93,421$25,402$8,191$127,014
Current Officers, Directors, Trustees, and Key Employees$23,131$69,393-$92,524
Fees for Services Accounting-$82,066-$82,066
Depreciation Depletion-$59,818-$59,818
Other Expenses$102,077$12,223$17,166$17,166
Total Functional Expenses$3,332,684$654,390$350,800$4,337,874

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,474,964
Expenses per Audited Statements$4,337,874
Total Expenses per Form 990$4,337,874
Expenses Not Reported on Form 990$1,137,090
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$80,991
Fundraising Gross Income$50,908
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$116,860$34,448$46,335$-11,887
Celebration of$71,293$6,600$20,128$-13,528
Total Events$219,927$50,908$80,991$-30,083
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lien Secured Grant$30,000
Security Deposit$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The filing organization has one class of members. As per the bylaws, the sole member of the filing organization is peace ministries, inc., a nonprofit corporation of the state of new jersey.

Form 990, Page 6, Part VI, Line 7A

The member of the filing organization has the power to appoint and to remove, with or without cause, the trustees and officers of the filing organization.

Form 990, Page 6, Part VI, Line 7B

The following powers are reserved exclusively to the board of trustees of the member, peace ministries, inc., some of which require the further approval of its sole member, the congregation leader and council of the canonical entity known as the congregation of sisters of st. Joseph of peace: 1) to determine or change the mission and philosophy; 2) to amend, alter, or repeal the articles of incorporation and the bylaws; 3) to purchase, sell, transfer, lease or encumber real property, or substantially all of the assets of the filing organization; 4) to add, terminate, merge, consolidate, affiliate, divide, or separate substantial programs from the filing organization and/or to merge, consolidate, or affiliate the filing organization with any other corporation or organization; 5) to dissolve and to determine the distribution of assets upon dissolution; 6) to enter into new borrowings and to renegotiate, modify or otherwise change existing debt obligations in excess of 15% of the net assets; 7) to form a subsidiary organization, joint venture, partnership, or any other affiliation arrangement; 8) to manage, acquire, or sponsor any institution, corporation, organization, facility or entity; 9) to appoint and remove, with or without cause, the executive director. Each trustee present at a meeting shall be entitled to one (1) vote on each matter submitted to a vote of the member. Once a quorum is attained, all business and affairs of the member shall be transacted by majority vote of those present.

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

The form 990 was reviewed by key personnel and then reviewed again by the board members.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed by the finance committee and board chair utilizing ny/nj metro salary surveys

Form 990, Page 6, Part VI, Line 19

Through request, on website, on guidestar

Filing and Contact Details

Filer

Filer Name
York Street Project
EIN
22-3117171
Phone
2014519838
Address
89 YORK STREET, JERSEY CITY, NJ 07302

Signing Officer

Name
Susanne M Byrne
Title
President
Phone
2014519838
Signed
2019-05-01

Organization Details

Principal Officer
Susanne M Byrne
Formed
1989
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
12
Employees
79
Volunteers
181

Preparer

Firm
Anzelone Associates LLC
Address
917 MOUNTAIN AVE, MOUNTAINSIDE, NJ 07092-2706
Preparer
Peter L Anzelone
Phone
9086546150
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

York street project (ysp) clearly recognizes and understands that a woman's life and family hangs in the balance if she has no home, no education, and no childcare - and that these issues cannot be viewed in isolation. Founded in 1989, ysp simultaneously provides housing, education, child care, counseling, and job & life-skills training to nearly 500 women and children each year that allows them to begin their journey out of poverty toward a life of self-sufficiency. The mission of the york street project (ysp) is to weave innovative programs that shelter, feed, educate and promote the healing and independence of persons in need, especially women and their children.

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

Two years so they can continue their journey toward independent living. Last year, st. Joseph's home served 90 families (140 children and 90 adults) in the bridge housing and 44 families (75 children and 44 adults) in the rrh program.

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

Kenmare high school (khs) is an accredited alternative high school that offers education and pracitical job & life-skills training for women aged 17+ who have dropped out of the public system. Recognizing that education and training are integral to obtaining meaningful employment, our strategy is to enroll clients in our alternative high school when a high school diploma is still needed, or to enroll in college or a job training program that will enable them to secure a sustainable job in the future. Our goal is to engage students in a truly alternative education - beyond desks, books, and lectures - which they can apply to their lives and that of their children while they earn a diploma. Last year 26 women took a second chance on their education, with 12 of them graduating with their high school diploma.

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IRS990/Desc0ST. JOSEPH'S HOME BRIDGE HOUSING AND RAPID RE-HOUSING PROGRAM (SJH). THE BRIDGE HOUSING IS A STRUCTURED EMERGENCY SHELTER THAT PROVIDES UP TO 12 MONTHS OF CARE FOR HOMELESS MOTHERS WITH CHILDREN AS WELL AS ONSITE SUPPORTIVE SERVICES FOR AND REFERRALS TO FAMILY OR INDIVIDUAL THERAPY, CRISIS INTERVENTION, DOMESTIC VIOLENCE AND SUBSTANCE ABUSE COUNSELING, HEALTH EDUCATION, LIFE-SKILLS, PARENTING, HOUSEHOLD MANAGEMENT, FAMILY BUDGETING, AND CAREER READINESS PROGRAMS. UPON COMPLETION OF THE PROGRAM, WE ASSIST THEM IN FINDING AFFORDABLE HOUSING OPTIONS THAT ARE SUBSIDIZED BY A THIRD PARTY FOR THE NEXT STEP OF THEIR JOURNEY. FOR THOSE CLIENTS COMING TO US WHO ARE IN NEED OF LESS-INTENSIVE SERVICES, WE ASSIST THEM IN THE RAPID RE-HOUSING PROGRAM TO FIND AFFORDABLE HOUSING THAT IS SUBSIDIZED FOR TWO YEARS SO THEY CAN CONTINUE THEIR JOURNEY TOWARD INDEPENDENT LIVING. LAST YEAR, ST. JOSEPH'S HOME SERVED 90 FAMILIES (140 CHILDREN AND 90 ADULTS) IN THE BRIDGE HOUSING AND 44 FAMILIES (75 CHILDREN AND 44 ADULTS) IN THE RRH PROGRAM.
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IRS990/MissionDesc0YORK STREET PROJECT (YSP) CLEARLY RECOGNIZES AND UNDERSTANDS THAT A WOMAN'S LIFE AND FAMILY HANGS IN THE BALANCE IF SHE HAS NO HOME, NO EDUCATION, AND NO CHILDCARE - AND THAT THESE ISSUES CANNOT BE VIEWED IN ISOLATION. FOUNDED IN 1989, YSP SIMULTANEOUSLY PROVIDES HOUSING, EDUCATION, CHILD CARE, COUNSELING, AND JOB & LIFE-SKILLS TRAINING TO NEARLY 500 WOMEN AND CHILDREN EACH YEAR THAT ALLOWS THEM TO BEGIN THEIR JOURNEY OUT OF POVERTY TOWARD A LIFE OF SELF-SUFFICIENCY. THE MISSION OF THE YORK STREET PROJECT (YSP) IS TO WEAVE INNOVATIVE PROGRAMS THAT SHELTER, FEED, EDUCATE AND PROMOTE THE HEALING AND INDEPENDENCE OF PERSONS IN NEED, ESPECIALLY WOMEN AND THEIR CHILDREN.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ST. MARY'S RESIDENCE (SMR) OFFERS SAFE, AFFORDABLE HOUSING AND SUPPORT FOR WORKING WOMEN WITH LIMITED INCOME, ALLOWING THEM TO CONCENTRATE ON IMPROVING THEIR JOB SKILLS FOR A BETTER FUTURE. ON AVERAGE THEY LIVE WITH US FOR TWO YEARS WHILE THEY GET ON THEIR FEET. LAST YEAR, 34 WOMEN CALLED ST. MARY'S HOME.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE NURTURING PLACE (TNP) PROVIDES YEAR-ROUND LICENSED EARLY CHILDHOOD DEVELOPMENT AND EDUCATION FOR CHILDREN (2 MONTHS TO 5 YEARS) WHILE THEIR MOTHERS ARE AT WORK OR SCHOOL. THIS EDUCATIONAL PROGRAM HELPS TO FACILITATE INCREASED LANGUAGE DEVELOPMENT, COGNITIVE THINKING, EMOTIONAL STABILITY, AND TO IMPROVE SOCIALIZATION, INTERPERSONAL DEVELOPMENT, PROBLEM-SOLVING ABILITIES, AND MOTOR SKILLS. MOST IMPORTANTLY, IT HELPS CHILDREN TO ACQUIRE A LOVE OF LEARNING AND THE ABILITY TO GIVE AND RECEIVE AFFECTION - LESSONS THAT CAN LAST A LIFETIME. LAST YEAR, 70 CHILDREN WERE EDUCATED AND NUTURED AT TNP.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0KENMARE HIGH SCHOOL (KHS) IS AN ACCREDITED ALTERNATIVE HIGH SCHOOL THAT OFFERS EDUCATION AND PRACITICAL JOB & LIFE-SKILLS TRAINING FOR WOMEN AGED 17+ WHO HAVE DROPPED OUT OF THE PUBLIC SYSTEM. RECOGNIZING THAT EDUCATION AND TRAINING ARE INTEGRAL TO OBTAINING MEANINGFUL EMPLOYMENT, OUR STRATEGY IS TO ENROLL CLIENTS IN OUR ALTERNATIVE HIGH SCHOOL WHEN A HIGH SCHOOL DIPLOMA IS STILL NEEDED, OR TO ENROLL IN COLLEGE OR A JOB TRAINING PROGRAM THAT WILL ENABLE THEM TO SECURE A SUSTAINABLE JOB IN THE FUTURE. OUR GOAL IS TO ENGAGE STUDENTS IN A TRULY ALTERNATIVE EDUCATION - BEYOND DESKS, BOOKS, AND LECTURES - WHICH THEY CAN APPLY TO THEIR LIVES AND THAT OF THEIR CHILDREN WHILE THEY EARN A DIPLOMA. LAST YEAR 26 WOMEN TOOK A SECOND CHANCE ON THEIR EDUCATION, WITH 12 OF THEM GRADUATING WITH THEIR HIGH SCHOOL DIPLOMA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YORK STREET PROJECT (YSP) CLEARLY RECOGNIZES AND UNDERSTANDS THAT A WOMAN'S LIFE AND FAMILY HANGS IN THE BALANCE IF SHE HAS NO HOME, NO EDUCATION, AND NO CHILDCARE - AND THAT THESE ISSUES CANNOT BE VIEWED IN ISOLATION. FOUNDED IN 1989, YSP SIMULTANEOUSLY PROVIDES HOUSING, EDUCATION, CHILD CARE, COUNSELING, AND JOB & LIFE-SKILLS TRAINING TO NEARLY 500 WOMEN AND CHILDREN EACH YEAR THAT ALLOWS THEM TO BEGIN THEIR JOURNEY OUT OF POVERTY TOWARD A LIFE OF SELF-SUFFICIENCY. THE MISSION OF THE YORK STREET PROJECT (YSP) IS TO WEAVE INNOVATIVE PROGRAMS THAT SHELTER, FEED, EDUCATE AND PROMOTE THE HEALING AND INDEPENDENCE OF PERSONS IN NEED, ESPECIALLY WOMEN AND THEIR CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TWO YEARS SO THEY CAN CONTINUE THEIR JOURNEY TOWARD INDEPENDENT LIVING. LAST YEAR, ST. JOSEPH'S HOME SERVED 90 FAMILIES (140 CHILDREN AND 90 ADULTS) IN THE BRIDGE HOUSING AND 44 FAMILIES (75 CHILDREN AND 44 ADULTS) IN THE RRH PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KENMARE HIGH SCHOOL (KHS) IS AN ACCREDITED ALTERNATIVE HIGH SCHOOL THAT OFFERS EDUCATION AND PRACITICAL JOB & LIFE-SKILLS TRAINING FOR WOMEN AGED 17+ WHO HAVE DROPPED OUT OF THE PUBLIC SYSTEM. RECOGNIZING THAT EDUCATION AND TRAINING ARE INTEGRAL TO OBTAINING MEANINGFUL EMPLOYMENT, OUR STRATEGY IS TO ENROLL CLIENTS IN OUR ALTERNATIVE HIGH SCHOOL WHEN A HIGH SCHOOL DIPLOMA IS STILL NEEDED, OR TO ENROLL IN COLLEGE OR A JOB TRAINING PROGRAM THAT WILL ENABLE THEM TO SECURE A SUSTAINABLE JOB IN THE FUTURE. OUR GOAL IS TO ENGAGE STUDENTS IN A TRULY ALTERNATIVE EDUCATION - BEYOND DESKS, BOOKS, AND LECTURES - WHICH THEY CAN APPLY TO THEIR LIVES AND THAT OF THEIR CHILDREN WHILE THEY EARN A DIPLOMA. LAST YEAR 26 WOMEN TOOK A SECOND CHANCE ON THEIR EDUCATION, WITH 12 OF THEM GRADUATING WITH THEIR HIGH SCHOOL DIPLOMA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FILING ORGANIZATION HAS ONE CLASS OF MEMBERS. AS PER THE BYLAWS, THE SOLE MEMBER OF THE FILING ORGANIZATION IS PEACE MINISTRIES, INC., A NONPROFIT CORPORATION OF THE STATE OF NEW JERSEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBER OF THE FILING ORGANIZATION HAS THE POWER TO APPOINT AND TO REMOVE, WITH OR WITHOUT CAUSE, THE TRUSTEES AND OFFICERS OF THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOLLOWING POWERS ARE RESERVED EXCLUSIVELY TO THE BOARD OF TRUSTEES OF THE MEMBER, PEACE MINISTRIES, INC., SOME OF WHICH REQUIRE THE FURTHER APPROVAL OF ITS SOLE MEMBER, THE CONGREGATION LEADER AND COUNCIL OF THE CANONICAL ENTITY KNOWN AS THE CONGREGATION OF SISTERS OF ST. JOSEPH OF PEACE: 1) TO DETERMINE OR CHANGE THE MISSION AND PHILOSOPHY; 2) TO AMEND, ALTER, OR REPEAL THE ARTICLES OF INCORPORATION AND THE BYLAWS; 3) TO PURCHASE, SELL, TRANSFER, LEASE OR ENCUMBER REAL PROPERTY, OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FILING ORGANIZATION; 4) TO ADD, TERMINATE, MERGE, CONSOLIDATE, AFFILIATE, DIVIDE, OR SEPARATE SUBSTANTIAL PROGRAMS FROM THE FILING ORGANIZATION AND/OR TO MERGE, CONSOLIDATE, OR AFFILIATE THE FILING ORGANIZATION WITH ANY OTHER CORPORATION OR ORGANIZATION; 5) TO DISSOLVE AND TO DETERMINE THE DISTRIBUTION OF ASSETS UPON DISSOLUTION; 6) TO ENTER INTO NEW BORROWINGS AND TO RENEGOTIATE, MODIFY OR OTHERWISE CHANGE EXISTING DEBT OBLIGATIONS IN EXCESS OF 15% OF THE NET ASSETS; 7) TO FORM A SUBSIDIARY ORGANIZATION, JOINT VENTURE, PARTNERSHIP, OR ANY OTHER AFFILIATION ARRANGEMENT; 8) TO MANAGE, ACQUIRE, OR SPONSOR ANY INSTITUTION, CORPORATION, ORGANIZATION, FACILITY OR ENTITY; 9) TO APPOINT AND REMOVE, WITH OR WITHOUT CAUSE, THE EXECUTIVE DIRECTOR. EACH TRUSTEE PRESENT AT A MEETING SHALL BE ENTITLED TO ONE (1) VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBER. ONCE A QUORUM IS ATTAINED, ALL BUSINESS AND AFFAIRS OF THE MEMBER SHALL BE TRANSACTED BY MAJORITY VOTE OF THOSE PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 WAS REVIEWED BY KEY PERSONNEL AND THEN REVIEWED AGAIN BY THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND BOARD CHAIR UTILIZING NY/NJ METRO SALARY SURVEYS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THROUGH REQUEST, ON WEBSITE, ON GUIDESTAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D

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