GREATER NY CHAPTER AIR CONDITIONING CONTRACTORS OF AMERICA

EIN: 113211295

MELVILLE, NY

Total Revenue
$169,063
Total Expenses
$165,498
Total Assets
$308,020
Net Assets
$244,307
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
MIKE NEWMAN
Phone
5169225832
Tax Period
2025-01-01 to 2025-12-31

GREATER NY CHAPTER AIR CONDITIONING CONTRACTORS OF AMERICA, founded in 1984, is a small nonprofit that reported $169K in total revenue in fiscal year 2025.

Mission

TO PROMOTE THE WELFARE OF THE HVAC INDUSTRY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $61,693
Program Service Revenue $48,396
Investment Income $18,372
Other Revenue $40,602
TOTAL REVENUE $169,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $72,223
Other Expenses $165,498
TOTAL EXPENSES $165,498

Year-over-Year Comparison

2025 2024 Change
Revenue $169,063 $166,227 +0.0%
Expenses $165,498 $167,338 0.0%
Net Income $3,565 $-1,111 -4.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL NEWMAN President 4.00
Officer
$0 $0 $0
JAMES PADAVAN Treasurer 4.00
Officer
$0 $0 $0
SEAN LIBBY Vice President 4.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $169,063 $165,498 $308,020 $3,565
2024 $166,227 $167,338 $292,689 $-1,111
2023 $145,629 $152,481 $296,952 $-6,852
2022 $146,468 $142,788 $306,027 $3,680
2021 $143,006 $132,157 $291,563 $10,849
2020 $131,565 $148,853 $272,202 $-17,288
2019 $183,434 $166,629 $332,676 $16,805
2018 $174,769 $164,220 $291,907 $10,549
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