Civic Intelligence

Gateway Global Alliance Inc

EIN 46-2644884 • 501(c)4 • New York, NY

Profile

To benefit the traveling public, facilitate commerce and enhance economic growth in the new york city metropolitan region by studying, recommending, promoting and advocating improvements to airports serving that region.

C/O Thor Equities 25 W 39th St 16flNew York, NY 10018

globalgatewayalliance.org

Siviq Scores

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

Liabilities / Assets

99th percentile

16.77x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

0.1%

Faster asset growth than 53% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Assets

Up

$16,580

Up $28 (+0.2%) from 2022

Liabilities

Up

$277,993

Up $1,630 (+0.6%) from 2022

Net Assets

Down

-$261,413

Down $1,602 (-0.6%) from 2022

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$828

Up $272 (+49%) from 2022

Net Income

Down

-$828

Down $272 (-49%) from 2022

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2015: $17,649Liabilities 2015: $8,012Net Assets 2015: $9,6372015Assets 2016: $16,501Liabilities 2016: $167,681Net Assets 2016: -$151,1802016Assets 2019: $16,521Liabilities 2019: $272,106Net Assets 2019: -$255,5852019Assets 2020: $16,694Liabilities 2020: $274,122Net Assets 2020: -$257,4282020Assets 2021: $16,884Liabilities 2021: $276,139Net Assets 2021: -$259,2552021Assets 2022: $16,552Liabilities 2022: $276,363Net Assets 2022: -$259,8112022Assets 2024: $16,580Liabilities 2024: $277,993Net Assets 2024: -$261,4132024

Highlighted filing

2024

Assets$16,580
Liabilities$277,993
Net Assets-$261,413

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,114,000Expenses 2015: $292,778Net Income 2015: $821,2222015Revenue 2016: $5,000Expenses 2016: $165,817Net Income 2016: -$160,8172016Revenue 2019: $0Expenses 2019: $5,066Net Income 2019: -$5,0662019Revenue 2020: $0Expenses 2020: $1,843Net Income 2020: -$1,8432020Revenue 2021: $0Expenses 2021: $1,827Net Income 2021: -$1,8272021Revenue 2022: $0Expenses 2022: $556Net Income 2022: -$5562022Revenue 2024: $0Expenses 2024: $828Net Income 2024: -$8282024

Highlighted filing

2024

Revenue$0
Expenses$828
Net Income-$828

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2024
Return Version
2024v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To benefit the traveling public, facilitate commerce and enhance economic growth in the new york city metropolitan region by studying, recommending, promoting and advocating improvements to airports serving that region.

Program Services

DescriptionGrantsExpenses
STUDY, RECOMMEND, PROMOTE AND ADVOCATE IMPROVEMENTS TO AIRPORTS SERVING NEW YORK CITY METROPOLITAN REGION.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph J SittBoard Chairman & President-$0--
Stuart AppelbaumVice President-$0--
Angelo GenovaDirector-$0--
William C RudinDirector-$0--
Chris GiamoDirector-$0--
Joseph E SpinnatoDirector-$0--
David HopkinsDirector-$0--
Alvin S TrenkDirector-$0--
Peter WardDirector-$0--
Thomas K WrightDirector-$0--
George L MirandaDirector-$0--
Kathryn S WyldeDirector-$0--
Mitchell MossDirector-$0--
Tim ZagatDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gateway Global Alliance Inc
EIN
46-2644884
In Care Of
% THOR EQUITIES LLC
Phone
2125295730
Address
C/O THOR EQUITIES 25 W 39TH ST 16FL, NEW YORK, NY 10018

Signing Officer

Name
Joseph J Sitt
Title
President
Phone
9733640400
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
FTI Consulting Inc
Address
1166 Avenue of Americas 15th Fl, New York, NY 10036
Preparer
Shan Huang Lin
Phone
2122471010
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:GENERAL & ADMINISTRATION Amount:767

Form 990EZ Part I Line 16

Description:DUE & SUBSCRIPTIONS Amount:61

Form 990EZ Part II Line 24

Description:RETAINER BOY Amount:16500 EOY Amount:16500

Form 990EZ Part II Line 26

Description:TRAVEL ADVANCES BOY Amount:133 EOY Amount:133

Raw XML Appendix186 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Thomas K Wright
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Board Chairman & President
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IRS990EZ/OtherExpensesTotalAmt0828
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IRS990EZ/PrimaryExemptPurposeTxt0TO BENEFIT THE TRAVELING PUBLIC, FACILITATE COMMERCE AND ENHANCE ECONOMIC GROWTH IN THE NEW YORK CITY METROPOLITAN REGION BY STUDYING, RECOMMENDING, PROMOTING AND ADVOCATING IMPROVEMENTS TO AIRPORTS SERVING THAT REGION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STUDY, RECOMMEND, PROMOTE AND ADVOCATE IMPROVEMENTS TO AIRPORTS SERVING NEW YORK CITY METROPOLITAN REGION.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0277309
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO COVER COSTS
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSEPH J SITT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:RETAINER BOY Amount:16500 EOY Amount:16500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:TRAVEL ADVANCES BOY Amount:133 EOY Amount:133
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0462644884
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ReturnHeader/Filer/PhoneNum02125295730
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O THOR EQUITIES 25 W 39TH ST 16FL
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ReturnHeader/PreparerPersonGrp/PhoneNum02122471010
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shan Huang Lin
ReturnHeader/ReturnTs02025-05-12T15:04:15-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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