Civic Intelligence

The Carter Burden Network

990 • Fiscal year 2024 • EIN 23-7129499

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 30, 2025

Organization ProfileCARTERBURDENNETWORK.ORG

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415 E 73rd StreetNew York, NY 10021

(212) 879-7400

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.29x

Higher debt load relative to assets than 62% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.66x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

13th percentile

-16%

Higher net margin than 13% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$323,566

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

18th percentile

-4.1%

Faster asset growth than 18% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-6.1%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$16,296,218

Up $3,334,324 (+26%) from 2022

Net Assets

Down

$11,598,296

Down $634,842 (-5.2%) from 2022

Liabilities

Up

$4,697,922

Up $3,969,166 (+545%) from 2022

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin13th percentile

Revenue

Down

$7,117,407

Down $1,775,433 (-20%) from 2022

Expenses

Up

$8,290,089

Up $1,219,045 (+17%) from 2022

Net Income

Down

-$1,172,682

Down $2,994,478 (-164%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $5,863,215Liabilities 2011: $354,819Net Assets 2011: $5,508,3962011Assets 2012: $5,483,385Liabilities 2012: $337,304Net Assets 2012: $5,146,0812012Assets 2013: $6,179,291Liabilities 2013: $633,238Net Assets 2013: $5,546,0532013Assets 2014: $6,923,920Liabilities 2014: $1,034,405Net Assets 2014: $5,889,5152014Assets 2015: $18,894,372Liabilities 2015: $1,071,836Net Assets 2015: $17,822,5362015Assets 2016: $17,631,260Liabilities 2016: $865,628Net Assets 2016: $16,765,6322016Assets 2018: $15,048,812Liabilities 2018: $803,328Net Assets 2018: $14,245,4842018Assets 2021: $13,614,066Liabilities 2021: $803,789Net Assets 2021: $12,810,2772021Assets 2022: $12,961,894Liabilities 2022: $728,756Net Assets 2022: $12,233,1382022Assets 2024: $16,296,218Liabilities 2024: $4,697,922Net Assets 2024: $11,598,2962024

Highlighted filing

2024

Assets$16,296,218
Liabilities$4,697,922
Net Assets$11,598,296
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,650,6372011Expenses 2012: $3,768,4762012Expenses 2013: $4,499,7002013Revenue 2014: $5,186,918Expenses 2014: $5,386,652Net Income 2014: -$199,7342014Revenue 2015: $18,115,815Expenses 2015: $6,113,615Net Income 2015: $12,002,2002015Revenue 2016: $7,032,408Expenses 2016: $8,184,731Net Income 2016: -$1,152,3232016Revenue 2018: $7,654,190Expenses 2018: $8,498,618Net Income 2018: -$844,4282018Revenue 2021: $6,566,881Expenses 2021: $6,413,062Net Income 2021: $153,8192021Revenue 2022: $8,892,840Expenses 2022: $7,071,044Net Income 2022: $1,821,7962022Revenue 2024: $7,117,407Expenses 2024: $8,290,089Net Income 2024: -$1,172,6822024

Highlighted filing

2024

Revenue$7,117,407
Expenses$8,290,089
Net Income-$1,172,682
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 30, 2025
Return Version
2023v6.0
Gross Receipts
$7,134,295
Mission and Program Overview

Mission

Carter burden network (cbn) promotes the well-being of older adults 60 and older through a continuum of services, advocacy, arts and culture, health and wellness, and volunteer programs, all oriented to individual, family and community needs. We are dedicated to supporting the efforts of older people to live safely and with dignity.

Carter burden network promotes the well-being of older adults 60 and older through a continuum of services, advocacy, arts and culture, health and wellness, and volunteer programs, all oriented to individual, family and community needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,819,058$10,347,521▲ $528,463
Pledges and Grants Receivable$1,631,809$710,403▼ $921,406
Land, Buildings, and Equipment, Net$795,484$667,613▼ $127,871
Cash and Non-Interest-Bearing Accounts$1,415,035$658,852▼ $756,183
Prepaid Expenses and Deferred Charges$15,708$59,248▲ $43,540
Savings and Temporary Cash Investments$28,886$28,105▼ $781
Accounts Receivable$75,881$23,345▼ $52,536
Total Assets$16,992,402$16,296,218▼ $696,184
Other Assets Total$3,210,541$3,801,131▲ $590,590
Liabilities
Other Liabilities$3,218,526$3,937,765▲ $719,239
Accounts Payable and Accrued Expenses$1,012,683$406,716▼ $605,967
Deferred Revenue$339,701$349,245▲ $9,544
Escrow Account Liability$4,196$4,196→ $0
Total Liabilities$4,575,106$4,697,922▲ $122,816
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,608,169$7,640,061▼ $968,108
Net Assets With Donor Restrictions$3,809,127$3,958,235▲ $149,108
Total Net Assets Fund Balance$12,417,296$11,598,296▼ $819,000
Total Liabilities and Net Assets / Fund Balance$16,992,402$16,296,218▼ $696,184

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$667,613$661,463$1,329,076
Equipment$0$180,476$180,476
Other Land Buildings$0$168,759$168,759
Other Assets Org$3,778,875--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,454,781-▲ $356,652$138,189$3,673,244
2022$3,324,258-▲ $280,188$149,665$3,454,781
2021$3,955,039-▼ $479,435$151,346$3,324,258
2020$3,448,997-▲ $638,922$132,880$3,955,039
2019$3,290,355-▲ $283,492$124,850$3,448,997
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William DionneExecutive DirectorFT$294,898$28,668$323,566
Loy MulyagonjaCFOFT$151,244$23,060$174,304
Marlena VaccaroAssoc. Exec. DirectorFT$137,684$22,484$160,168
Velda MuradAssoc. Exec. DirectorPT$126,058$29$126,087
Rhona RichardsControllerFT$104,281$20,835$125,116
Patricia MaysDirector of Development and CommunicationsFT$104,228$20,721$124,949

Board Members and Trustees

NameTitle
Jeffrey WeberChair
Catherine Sidamon-eristoffVice Chair
Margaret SmithVice Chair
Pritha MittalVice Chair
Anne DavidsonMember
Daniel BakerMember
Gregory PetersonMember
Joshua KarlinMember
Joy SalvadorMember
Judith WoodardMember
Kathryn CashmanMember
Krutin ShahMember
Lori PennayMember
Mary ConnellyMember
Miriam WallersteinMember
Patrick MurphyMember
Randy GlickMember
Robert FreedmanMember
Robin Bell-stevensMember
Sara BottMember
Sophie GarrickMember
Susan BurdenMember
Duane HamptonMember (resigned Dec 2023)
Elina OnitskanskyMember (resigned Dec 2023)
Sally PhippsMember (resigned Dec 2023)
Johanna AshbySecretary
Gilbert DunhamTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dega SystemsOutsourced It Svcs350 7TH AVENUE RM 307, New York, NY 10001$102,665
Revenue and Support

Revenue Composition

Contributions and Grants
$6,251,894
Program Service Revenue
$72,559
Investment Income
$792,954
Other Revenue
$0
All Other Contributions
$1,394,003
Change in Net Assets
$-1,172,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,050,246
Revenue Not Reported on Financial Statements
$67,161
Revenue Not Reported on Form 990
$2,054,786
Total Revenue per Audited Statements
$9,105,032
Total Revenue per Form 990
$7,117,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,435,482
Other Expenses$2,780,515
Total Fundraising Expense$765,010
Professional Fundraising Fees$74,092
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,071,920$364,757$283,194$3,719,871
Other Employee Benefits$664,146$71,010$43,307$778,463
Occupancy$404,460$116,042$77,976$598,478
Current Officers, Directors, Trustees, and Key Employees-$362,766$149,480$512,246
Fees for Services Other$416,154$64,566$7,276$487,996
Payroll Taxes$229,576$45,657$27,772$303,005
Depreciation Depletion$66,878$30,496$30,497$127,871
Pension Plan Contributions$102,809$9,067$10,021$121,897
Information Technology$90,592$14,958$6,304$111,854
Office Expenses$96,049$6,180$4,769$106,998
Insurance$72,660$15,278$3,828$91,766
Fees for Services Professional Fundraising--$74,092$74,092
Fees for Service Investment Mgmnt Fees-$67,161-$67,161
Fees for Services Accounting-$50,000-$50,000
All Other Expenses$10,643$5,290$31,177$47,110
Other Expenses$15,664$7,244$8,355$31,263
Travel$23,577$1,947-$25,524
Fees for Services Legal-$13,769-$13,769
Total Functional Expenses$6,255,815$1,269,264$765,010$8,290,089

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,924,032
Total Expenses per Form 990$8,290,089
Expenses per Audited Statements$8,222,928
Expenses Not Reported on Form 990$1,701,104
Expenses Not Reported on Financial Statements$67,161
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$74,092
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabitlity$3,937,765
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 B, Line 11B

“Management reviewed a draft of the form 990 with the audit/executive committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the irs.”

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

“The organization has a board approved conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interest party transactions.”

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

“Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Carter Burden Network Inc
EIN
23-7129499
Phone
2128797400
Address
415 E 73RD STREET, NEW YORK, NY 10021

Signing Officer

Name
William Dionne
Title
Executive Director
Phone
2128797400
Signed
2025-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Dionne
Formed
1971
Legal Domicile
Ny
Voting Board Members
24
Independent Board Members
24
Employees
107
Volunteers
2,033

Preparer

Firm
Sax Llp
Address
1040 AVENUE OF THE AMERICAS-16TH FL, NEW YORK, NY 10018
Preparer
Marqus White
Phone
2126857000
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization provides a money management assistance program to the homebound and elderly. As part of the program, the organization maintains a bank account on behalf of its clients.”

PART V, LINE 4:

“Cbn maintains donor-restricted funds whose purpose is to provide long term support for its charitable programs.”

PART X, LINE 2:

“The organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for the periods ended june 30, 2021 and later are subject to examination by applicable taxing authorities.”

Raw XML AppendixShowing 400 of 780 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/ActivityOrMissionDesc0CARTER BURDEN NETWORK PROMOTES THE WELL-BEING OF OLDER ADULTS 60 AND OLDER THROUGH A CONTINUUM OF SERVICES, ADVOCACY, ARTS AND CULTURE, HEALTH AND WELLNESS, AND VOLUNTEER PROGRAMS, ALL ORIENTED TO INDIVIDUAL, FAMILY AND COMMUNITY NEEDS.
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IRS990/Desc0OLDER ADULT CENTERS (OACS):CBN OPERATES FOUR OACS LOCATED IN EAST HARLEM, THE UPPER EAST SIDE, AND ROOSEVELT ISLAND, WHICH FUNCTION AS VITAL COMMUNITY RESOURCE CENTERS. THESE CENTERS OFFER ESSENTIAL MEALS AND COMPREHENSIVE PROGRAMMING AIMED AT ENHANCING THE QUALITY OF LIFE FOR OLDER ADULTS. IN FY 2024, CBN'S OACS:1. SERVED 3,671 UNIQUE CLIENTS, THE MAJORITY OF WHOM ATTENDED THE CENTERS MULTIPLE TIMES EACH WEEK2. PROVIDED 2,967 CLIENTS WITH 114,331 CONGREGATE MEALS ADDRESSING PREVALENT FOOD INSECURITY AND ISOLATION3. SERVED 680 CLIENTS THROUGH 1120 TECHNOLOGY CLASSES, HELPING OLDER ADULTS CROSS THE DIGITAL DIVIDE 4. PROVIDED 629 CLIENTS WITH 3,211 CASE ASSISTANCE CONTACTS, HELPING THEM ACCESS BENEFITS AND MEET PRACTICAL AND EMOTIONAL NEEDS5. PROVIDED 464 CLIENTS WITH 1,854 INFORMATION AND REFERRAL CONTACTS TO CONNECT THEM TO COMMUNITY RESOURCES
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IRS990/Form990PartVIISectionAGrp/PersonNm3CATHERINE SIDAMON-ERISTOFF
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHANNA ASHBY
IRS990/Form990PartVIISectionAGrp/PersonNm5GILBERT DUNHAM
IRS990/Form990PartVIISectionAGrp/PersonNm6SARA BOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7SUSAN BURDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8KATHRYN CASHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MARY CONNELLY
IRS990/Form990PartVIISectionAGrp/PersonNm10ANNE DAVIDSON
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT FREEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICK MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm13MIRIAM WALLERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBIN BELL-STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSHUA KARLIN
IRS990/Form990PartVIISectionAGrp/PersonNm16JUDITH WOODARD
IRS990/Form990PartVIISectionAGrp/PersonNm17KRUTIN SHAH
IRS990/Form990PartVIISectionAGrp/PersonNm18GREGORY PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm19RANDY GLICK
IRS990/Form990PartVIISectionAGrp/PersonNm20JOY SALVADOR
IRS990/Form990PartVIISectionAGrp/PersonNm21DANIEL BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm22LORI PENNAY
IRS990/Form990PartVIISectionAGrp/PersonNm23SOPHIE GARRICK
IRS990/Form990PartVIISectionAGrp/PersonNm24DUANE HAMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm25SALLY PHIPPS
IRS990/Form990PartVIISectionAGrp/PersonNm26ELINA ONITSKANSKY
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IRS990/Form990PartVIISectionAGrp/PersonNm29MARLENA VACCARO
IRS990/Form990PartVIISectionAGrp/PersonNm30VELDA MURAD
IRS990/Form990PartVIISectionAGrp/PersonNm31PATRICIA MAYS
IRS990/Form990PartVIISectionAGrp/PersonNm32RHONA RICHARDS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER (RESIGNED DEC 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt25MEMBER (RESIGNED DEC 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt26MEMBER (RESIGNED DEC 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt27EXECUTIVE DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt28CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt29ASSOC. EXEC. DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt30ASSOC. EXEC. DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR OF DEVELOPMENT AND COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt32CONTROLLER
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IRS990/FormerOfcrEmployeesListedInd00
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CARTER BURDEN NETWORK (CBN) PROMOTES THE WELL-BEING OF OLDER ADULTS 60 AND OLDER THROUGH A CONTINUUM OF SERVICES, ADVOCACY, ARTS AND CULTURE, HEALTH AND WELLNESS, AND VOLUNTEER PROGRAMS, ALL ORIENTED TO INDIVIDUAL, FAMILY AND COMMUNITY NEEDS. WE ARE DEDICATED TO SUPPORTING THE EFFORTS OF OLDER PEOPLE TO LIVE SAFELY AND WITH DIGNITY.
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IRS990/NetUnrelatedBusTxblIncmAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$16,296,218
Liabilities
$4,697,922
Net assets
$11,598,296
Revenue
$7,117,407
Expenses
$8,290,089
Net income
-$1,172,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$4.70$11.6$7.12$8.29$1.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$0.73$12.2$8.89$7.07$1.82
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.80$12.8$6.57$6.41$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.80$14.2$7.65$8.50$0.84
2016Detailed filing. Detailed filing data is available for this year.$17.6$0.87$16.8$7.03$8.18$1.15
2015Detailed filing. Detailed filing data is available for this year.$18.9$1.07$17.8$18.1$6.11$12.0
2014Detailed filing. Detailed filing data is available for this year.$6.92$1.03$5.89$5.19$5.39$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$0.63$5.55$4.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.48$0.34$5.15$3.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$0.35$5.51$3.65