WESTCHESTER COUNTY ASSOCIATION INC

EIN: 131737011

WHITE PLAINS, NY

Total Revenue
$2,513,028
Total Expenses
$2,264,074
Total Assets
$2,220,030
Net Assets
$750,334
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Organization Details

Formation Year
1950
Legal Domicile
NY
Principal Officer
MICHAEL N ROMITA
Phone
9149486444
Tax Period
2023-01-01 to 2023-12-31

WESTCHESTER COUNTY ASSOCIATION INC, founded in 1950, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Expenses of $2.3M left a modest 10% surplus.

Mission

THE MISSION OF THE WESTCHESTER COUNTY ASSOCIATION IS TO MAINTAIN A POSITION AS THE CENTER OF INFLUENCE FOR BUSINESS ADVOCACY ISSUES ON BEHALF OF OUR MEMBERSHIP AS WELL AS ENHANCING THE ECONOMIC VITALITY OF THE REGION. WE WILL BE COMMITTED TO RESEARCH BASED POLICY INITIATIVES AND INFORMATION CAPABILITIES THAT WILL BE THE HALLMARK OF OUR EXCELLENCE.THE WESTCHESTER COUNTY ASSOCIATION INC., WWW.WESTCHESTER.ORG IS A BUSINESS-BASED MEMBERSHIP ORGANIZATION COMMITTED TO ADDRESSING PUBLIC POLICY ISSUES WITH RESPECT TO BUSINESS ADVOCACY AND ECONOMIC DEVELOPMENT ON BEHALF OF THE REGION'S CORPORATE AND NOT-FOR-PROFIT ORGANIZATIONS. FOUNDED IN 1950 BY LEADERS REPRESENTING A CROSS-SECTION OF MAJOR BUSINESSES AND EMPLOYERS IN THE COUNTY AT THAT TIME, THE ORIGINAL MISSION OF THE ASSOCIATION WAS TO PROVIDE A STRONG AND CLEAR VOICE FOR THE INTERESTS OF BUSINESSES IN THE COUNTY.

Program Service Accomplishments

Program 1
Expenses: $970,785 Revenue: $1,275,375

THE WESTCHESTER COUNTY ASSOCIATION ("WCA") IS A MEMBERSHIP ORGANIZATION THAT HOSTS NUMEROUS EVENTS AND EDUCATIONAL FORUMS FOR MEMBERS TO ATTEND. THESE EVENTS FOCUS ON ECONOMIC DEVELOPMENT, REAL...

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THE WESTCHESTER COUNTY ASSOCIATION ("WCA") IS A MEMBERSHIP ORGANIZATION THAT HOSTS NUMEROUS EVENTS AND EDUCATIONAL FORUMS FOR MEMBERS TO ATTEND. THESE EVENTS FOCUS ON ECONOMIC DEVELOPMENT, REAL ESTATE, HEALTHCARE, TECHNOLOGY, WORKFORCE DEVELOPMENT AND ADVOCACY. WE OFFER MEMBERS ACCESS TO BUSINESS AND POLITICAL LEADERS.3RD ANNUAL REGIONAL WORKFORCE SUMMIT THE REGIONAL WORKFORCE DEVELOPMENT SUMMIT IS PART OF THE WCA'S SUSTAINED COMMITMENT OVER SEVERAL YEARS TO ADVANCING POLICIES AND INITIATIVES THAT FOSTER A WELL-TRAINED WORKFORCE TO SUPPORT A RANGE OF JOB SECTORS. THROUGH THE ONGOING WORK OF ITS WORKFORCE DEVELOPMENT COMMITTEE, EMPLOYERS, COLLEGES AND OTHER EDUCATION/TRAINING PROVIDERS, ALONG WITH FOUNDATIONS AND OTHER NON-PROFIT STAKEHOLDERS, ARE WORKING TOGETHER TO IDENTIFY SOLUTIONS THAT MEET THE REGION'S SHORT- AND LONG-TERM TALENT RECRUITMENT AND RETENTION NEEDS.6TH ANNUAL REAL ESTATE SUMMIT - EXPLORING DEVELOPMENTS OF THE FUTURETHIS EVENT WAS BORN OUT OF THE WORK FROM THE REAL ESTATE & HOUSING TASK FORCE. THE WCA ANNUALLY CONVENES A STAKEHOLDER SUMMIT THAT DRAWS MANY HUNDREDS OF PARTICIPANTS WHO DISCUSS THE MOST PRESSING ISSUES IN REAL ESTATE. THE SUMMIT WAS DEDICATED TO SUSTAINABILITY, TECHNOLOGY AND CONNECTIVITY. ALL ACCESS HEALTHCARETHE WCA'S ALL ACCESS HEALTHCARE SERIES FEATURES AN ARRAY OF KEYNOTE SPEAKERS AND EXPERT PANELISTS, WHO SPOTLIGHT THE INNOVATION AND GROWTH IN HEALTHCARE AND LIFE SCIENCES HAPPENING IN WESTCHESTER COUNTY. PRESENTED VIRTUALLY, GUESTS HAVE ACCESS TO FAR-REACHING PRESENTATIONS AND DISCUSSIONS ABOUT THE ADVANCEMENTS AND TRENDS THAT ARE TRANSFORMING HEALTHCARE, AND IMPORTANT POLICY, PUBLIC HEALTH AND TECHNOLOGY INITIATIVES WILL BE BROUGHT FORTH BY EXPERTS IN THEIR RESPECTIVE FIELDS.

Program 2
Expenses: $901,885 Revenue: $0

THE WCA WAS AWARDED A GRANT BY WESTCHESTER COUNTY TO CREATE THE HEALTHCARE TALENT PIPELINE PROGRAM (HTPP). THIS GRANT, WHICH RUNS THROUGH 2023 IS DESIGNED TO TRAIN AND PLACE HEALTHCARE WORKERS WITH...

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THE WCA WAS AWARDED A GRANT BY WESTCHESTER COUNTY TO CREATE THE HEALTHCARE TALENT PIPELINE PROGRAM (HTPP). THIS GRANT, WHICH RUNS THROUGH 2023 IS DESIGNED TO TRAIN AND PLACE HEALTHCARE WORKERS WITH EMPLOYERS IN WESTCHESTER COUNTY. THE GOAL OF THE HTPP IS TO TRAIN 100 AND PLACE 85.THE Y-ZONE WORK CONTINUED WITH NEW GRANT FUNDS FROM THE CITY OF YONKERS THROUGH A NEW YORK STATE COMMUNITY BLOCK FUND GRANT. THE GOAL OF THE PROGRAM WAS TO CONNECT 500 HOUSEHOLDS TO THE ACP AND PROVIDE 300 CLIENTS WITH TECHNOLOGY SKILLS EDUCATION AND INTERNET ENABLED DEVICES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,235,667
Program Service Revenue $1,275,375
Investment Income $6
Other Revenue $1,980
TOTAL REVENUE $2,513,028

Expense Breakdown

Grants Paid $9,505
Salaries & Benefits $822,234
Fundraising Expenses $0
Program Expenses $1,872,670
Other Expenses $1,432,335
TOTAL EXPENSES $2,264,074

Year-over-Year Comparison

2023 2022 Change
Revenue $2,513,028 $2,370,076 +0.1%
Expenses $2,264,074 $2,206,782 +0.0%
Net Income $248,954 $163,294 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
52
Independent Members
52
Employees
7
Volunteers
52

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
6
$338,242
Total Directors
52
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN FOX CHAIR 1.00
Officer Director
$0 $0 $0
ALE FREDERICO SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTOPHER FISHER VICE-CHAIR 1.00
Officer Director
$0 $0 $0
WILLIAM HARRINGTON PAST CHAIR 1.00
Officer Director
$0 $0 $0
ASISH ARORA DIRECTOR 1.00
Director
$0 $0 $0
DEREK ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
HORACE ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
PAUL ADLER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT AIELLO PE DIRECTOR 1.00
Director
$0 $0 $0
MARY AMATO DIRECTOR 1.00
Director
$0 $0 $0
ROBERT AMLER MD DIRECTOR 1.00
Director
$0 $0 $0
TERRY BURSTON DIRECTOR 1.00
Director
$0 $0 $0
JOHN COONEY JR DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM CUDDY JR DIRECTOR 1.00
Director
$0 $0 $0
THEADORA DIAMANTIS DIRECTOR 1.00
Director
$0 $0 $0
ALFRED DONNELLAN DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN DRISCOLL DIRECTOR 1.00
Director
$0 $0 $0
SCOTT EDELMAN DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY FARRELL DIRECTOR 1.00
Director
$0 $0 $0
JAN FISHER DIRECTOR 1.00
Director
$0 $0 $0
JOHN FLANNERY DIRECTOR 1.00
Director
$0 $0 $0
FRANK FORTE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GLAZER DIRECTOR 1.00
Director
$0 $0 $0
MIKE GOLDRICK DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY HALL DIRECTOR 1.00
Director
$0 $0 $0
HOWARD KLEIN CPA MS DIRECTOR 1.00
Director
$0 $0 $0
RITA MABLI DIRECTOR 1.00
Director
$0 $0 $0
SETH MANDELBAUM DIRECTOR 1.00
Director
$0 $0 $0
LUIS MASSIANI DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
STEVE MCCULLOUCH DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN MEYER DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM MOONEY JR DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM MOONEY III DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH NOVICK DIRECTOR 1.00
Director
$0 $0 $0
JIM O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
STACY PETROWER DIRECTOR 1.00
Director
$0 $0 $0
JAY PISCO DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN ROSENTHAL DIRECTOR 1.00
Director
$0 $0 $0
JOSH RATNER DIRECTOR 1.00
Director
$0 $0 $0
KEVIN RICHARDS DIRECTOR 1.00
Director
$0 $0 $0
TYRE ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH SIMONE DIRECTOR 1.00
Director
$0 $0 $0
JANE SOLNICK DIRECTOR 1.00
Director
$0 $0 $0
KEN THEOBALDS DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY VICEROY DIRECTOR 1.00
Director
$0 $0 $0
TERESITA WISELL DIRECTOR 1.00
Director
$0 $0 $0
ANDREW WEISZ DIRECTOR 1.00
Director
$0 $0 $0
MELINDA WHITE DIRECTOR 1.00
Director
$0 $0 $0
ROBIN WHITE DIRECTOR 1.00
Director
$0 $0 $0
RICHARD WISHNIE DIRECTOR 1.00
Director
$0 $0 $0
DAN BLUM DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL N ROMITA PRESIDENT & CEO 40.00
Officer
$166,878 $41,487 $208,365
AMY ALLEN VICE PRESIDENT 40.00
Officer
$129,400 $477 $129,877
JASON CHAPIN DIR., WORKFORCE DEVELOPMENT 40.00
Highest
$119,878 $41,487 $161,365
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
2024 No data No data No data No data
2023 $2,513,028 $2,264,074 $2,220,030 $248,954
2022 $2,370,076 $2,206,782 $2,126,680 $163,294
2021 $1,682,201 $1,402,221 $1,083,701 $279,980
2020 $1,279,123 $1,324,194 $633,359 $-45,071
2019 $1,638,984 $1,718,973 $391,325 $-79,989
2018 $2,590,270 $2,504,188 $506,288 $86,082
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