NEW YORK BUILDING MANAGERS ASSOCIA… - Form 990 Financial Data

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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

1917

Legal Domicile

Principal Officer

ISMET ARIFI

Phone

2128893272

Tax Period

2022-06-01 to 2023-05-31

NEW YORK BUILDING MANAGERS ASSOCIATION C/O ZAPKEN & LOEB, founded in 1917, is a micro nonprofit that reported $96K in total revenue in fiscal year 2022. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $118K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE NEW YORK BUILDING MANAGER'S ASSOCIATION OF NEW YORK IS A NOT FOR PROFIT ORGANIZATION FOUNDED IN 1917 WHICH PROVIDES SERVICES TO INDIVIDUALS ENGAGED IN THE SUPERINTENDING AND MAINTENANCE OF BUILDINGS IN NEW YORK. ITS OBJECTIVES ARE TO PROMOTE A BETTER CHANNELING OF INFORMATION TO ALL THE BUILDING MANAGERS AND TO ACHIEVE A GREATER EFFICIENCY IN THE MAINTENANCE AND OPERATIONS OF BUILDINGS.

Program Service Accomplishments

Program 1

Expenses: $57,937 Revenue: $31,425

A MONTHLY BULLETIN IS PUBLISHED TO KEEP MEMBERS INFORMED OF REAL ESTATE DEVELOPMENTS IN THE CITY. IN ADDITION, DONATIONS ARE MADE TO LOCAL NYC HOSPITALS, TO THE UNFORTUNATE SICK AND AGED AS WELL AS...

Program 2

Expenses: $37,485 Revenue: $105,414

THE ASSOCIATION OFFERS REGULAR LECTURES WHICH EMPHASIZES DEVELOPMENTS IN THE FIELD OF VENTILATION, AIR CONDITIONING AND OTHER POLLUTION ABATEMENT DEVICES TO PROTECT THE ENVIRONMENT.

Program 3

Expenses: $4,000

THE ORGANIZATION PROVIDES SCHOLARSHIP FUNDS TO INDIVIDUALS WHO ACHEIVE CERTAIN GOALS AS OUTLINED IN THE BYLAWS

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,839

Investment Income $3

Other Revenue $-40,889

TOTAL REVENUE $95,953

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,422

Other Expenses $114,025

TOTAL EXPENSES $118,025

Year-over-Year Comparison

	2022	2021	Change
Revenue	$95,953	$80,193	+0.2%
Expenses	$118,025	$78,311	+0.5%
Net Income	$-22,072	$1,882	-12.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISMET ARIFI	PRESIDENT	5.00	Officer	$0	$0	$0
MARVIN DIAZ	VICE PRESIDENT	5.00	Officer	$0	$0	$0
LARRY COOK	SECRETARY	5.00	Officer	$0	$0	$0
WOJCIECH SIEDLIK	FIN'L SECRETARY	5.00	Officer	$0	$0	$0
TOM SMAJLAJ	TREASURER	5.00	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
2023	$95,953	$118,025	$51,730	$-22,072
2022	$80,193	$78,311	$101,947	$1,882
2021	$106,677	$104,291	$103,269	$2,386
2020	$90,051	$108,044	$121,468	$-17,993
2019	$128,659	$143,602	$96,530	$-14,943
2018	$120,786	$162,801	$104,469	$-42,015

NEW YORK BUILDING MANAGERS ASSOCIATION C/O ZAPKEN & LOEB