VILLAGE ALLIANCE DISTRICT MANAGEMENT ASSOCIATION INC

EIN: 133743340 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$1,607,769
Total Expenses
$1,540,634
Total Assets
$1,550,368
Net Assets
$1,020,815
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
SCOTT HOBBS
Phone
2127772173
Tax Period
2023-07-01 to 2024-06-30

VILLAGE ALLIANCE DISTRICT MANAGEMENT ASSOCIATION INC, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Expenses of $1.5M left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES SUPPLEMENTAL SANITATION, PUBLIC SAFETY, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND COMMERCIAL SUPPORT SERVICES TO PROPERTY OWNERS, BUSINESSES AND RESIDENTS OF AN AREA ESTABLISHED AS A BUSINESS IMPROVEMENT DISTRICT.

Program Service Accomplishments

Program 1
Expenses: $644,949

SANITATION - SWEEPING OF SIDEWALKS, REMOVAL OF PUBLIC TRASH, REMOVAL OF GRAFFITI, PAINTING OF STREET FURNITURE, SUPPLEMENTAL SANITATION SERVICES, AND COORDINATION BETWEEN NYC DEPT OF SANITATION WITH...

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SANITATION - SWEEPING OF SIDEWALKS, REMOVAL OF PUBLIC TRASH, REMOVAL OF GRAFFITI, PAINTING OF STREET FURNITURE, SUPPLEMENTAL SANITATION SERVICES, AND COORDINATION BETWEEN NYC DEPT OF SANITATION WITH ISSUES AND CONCERNS THAT EFFECT THE DISTRICT.

Program 2
Expenses: $198,832 Revenue: $179,498

PUBLIC SPACE PROJECTS - INVESTMENTS IN PLAZA LANDSCAPING, THE PURCHASE AND MAINTENANCE OF PUBLIC SEATING, AND MAINTENANCE OF PUBLIC FIXTURES.

Program 3
Expenses: $232,043

MARKETING AND PROMOTION - PROMOTING THE DISTRICT TO RESIDENTS AND TOURISTS AND TO RETAIN AND DEVELOP PROSPECTIVE BUSINESSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,699
Program Service Revenue $1,579,498
Investment Income $17,572
Other Revenue $0
TOTAL REVENUE $1,607,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $431,825
Fundraising Expenses $21,966
Program Expenses $1,355,806
Other Expenses $1,108,809
TOTAL EXPENSES $1,540,634

Year-over-Year Comparison

2023 2022 Change
Revenue $1,607,769 $1,581,362 +0.0%
Expenses $1,540,634 $1,536,742 +0.0%
Net Income $67,135 $44,620 +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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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
19
Employees
7
Volunteers
19

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
$183,529
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARLENE PERALTA PRESIDENT 0.50
Officer Director
$0 $0 $0
WILLIAM ABRAMSON TREASURER 0.50
Officer Director
$0 $0 $0
ADAM HEAVEN DIRECTOR 0.50
Director
$0 $0 $0
ADAM POMERANTZ DIRECTOR 0.50
Director
$0 $0 $0
ANDREW CHANG DIRECTOR 0.50
Director
$0 $0 $0
CORMAC FLYNN DIRECTOR 0.50
Director
$0 $0 $0
DAN RUANOVA DIRECTOR 0.50
Director
$0 $0 $0
EDUARDO CARMELO DANOBEYTIA DIRECTOR 0.50
Director
$0 $0 $0
EVELIN COLLADO DIRECTOR 0.50
Director
$0 $0 $0
GREG GUSHEE DIRECTOR 0.50
Director
$0 $0 $0
IAN GINSBERG DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY SUSSMAN DIRECTOR 0.50
Director
$0 $0 $0
KIM NEWMAN DIRECTOR 0.50
Director
$0 $0 $0
LENETTA PESOTINI DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL LEHMAN DIRECTOR 0.50
Director
$0 $0 $0
NEITH STONE DIRECTOR 0.50
Director
$0 $0 $0
PATRICK WILLINGHAM DIRECTOR 0.50
Director
$0 $0 $0
STEVEN SIMICICH DIRECTOR 0.50
Director
$0 $0 $0
TONY HISS DIRECTOR 0.50
Director
$0 $0 $0
WILLARD MORGAN DIRECTOR 0.50
Director
$0 $0 $0
SCOTT HOBBS EXECUTIVE DIRECTOR 45.00
Officer
$165,955 $17,574 $183,529
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 No data No data No data No data
2024 $1,607,769 $1,540,634 $1,550,368 $67,135
2023 $1,581,362 $1,536,742 $1,232,987 $44,620
2022 $1,587,304 $1,683,317 $1,019,618 $-96,013
2021 $1,589,809 $1,481,946 $1,113,440 $107,863
2020 $1,645,078 $1,526,591 $986,157 $118,487
2019 $1,695,826 $1,569,945 $895,313 $125,881
2018 $1,593,451 $1,564,430 $774,728 $29,021
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