NEW YORK CITY HOSPITALITY ALLIANCE INC

EIN: 371654388 Community Improvement

NEW YORK, NY

Total Revenue
$1,470,928
Total Expenses
$1,245,111
Total Assets
$1,590,287
Net Assets
$1,573,085
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
ANDREW RIGIE
Phone
2125822506
Tax Period
2023-11-01 to 2024-10-31

NEW YORK CITY HOSPITALITY ALLIANCE INC, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $226K, a strong 15% operating margin.

Mission

THE ORGANIZATION REGULARLY ADVOCATES ON BEHALF OF THE HOSPITALITY 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 (2023)

Revenue Breakdown

Contributions & Grants $756
Program Service Revenue $1,408,118
Investment Income $58,312
Other Revenue $3,742
TOTAL REVENUE $1,470,928

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,593
Fundraising Expenses $0
Other Expenses $750,518
TOTAL EXPENSES $1,245,111

Year-over-Year Comparison

2023 2022 Change
Revenue $1,470,928 $1,349,194 +0.1%
Expenses $1,245,111 $1,036,102 +0.2%
Net Income $225,817 $313,092 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
88
Independent Members
88
Employees
3
Volunteers
88

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
$261,877
Total Directors
88
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL SERES VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MITCHELL BANCHIK TREASURER 1.00
Officer Director
$0 $0 $0
ABRAHAM MERCHANT DIRECTOR 1.00
Director
$0 $0 $0
ALFREDO ANGUEIRA DIRECTOR 1.00
Director
$0 $0 $0
ANDREW SCHNIPPER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW WALCOTT DIRECTOR 1.00
Director
$0 $0 $0
ANGELA TERRY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY RAMIREZ II DIRECTOR 1.00
Director
$0 $0 $0
ARISTOTLE HATZIGEORGIOU DIRECTOR 1.00
Director
$0 $0 $0
ARTHUR LI DIRECTOR 1.00
Director
$0 $0 $0
BEATRICE AJAERO DIRECTOR 1.00
Director
$0 $0 $0
BILL BONBREST DIRECTOR 1.00
Director
$0 $0 $0
BLAIR PAPAGNI DIRECTOR 1.00
Director
$0 $0 $0
BOBBIE LLOYD PETRACCA DIRECTOR 1.00
Director
$0 $0 $0
BRICE JONES DIRECTOR 1.00
Director
$0 $0 $0
CARLOS SUAREZ DIRECTOR 1.00
Director
$0 $0 $0
CARLOS SWEPSON DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN RICHMOND DIRECTOR 1.00
Director
$0 $0 $0
CATERINA SKENDERI DIRECTOR 1.00
Director
$0 $0 $0
CHIKAKO ICHIHARA DIRECTOR 1.00
Director
$0 $0 $0
CRIZETE WOODS DIRECTOR 1.00
Director
$0 $0 $0
DANIEL ABRAMS DIRECTOR 1.00
Director
$0 $0 $0
DAVID MOHALLY DIRECTOR 1.00
Director
$0 $0 $0
DAVID RABIN DIRECTOR 1.00
Director
$0 $0 $0
DAWN KELLY DIRECTOR 1.00
Director
$0 $0 $0
DENNIS NGO DIRECTOR 1.00
Director
$0 $0 $0
DHRUV CHOPRA DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH MURRAY DIRECTOR 1.00
Director
$0 $0 $0
FRANTZ METELLUS DIRECTOR 1.00
Director
$0 $0 $0
GARRET RONAN DIRECTOR 1.00
Director
$0 $0 $0
GEORGE CONSTANTINOU DIRECTOR 1.00
Director
$0 $0 $0
GEORGE TENEDIOS DIRECTOR 1.00
Director
$0 $0 $0
GREGORY GIANNONE DIRECTOR 1.00
Director
$0 $0 $0
IVY STARK DIRECTOR 1.00
Director
$0 $0 $0
JACLYN BERNSTEIN DIRECTOR 1.00
Director
$0 $0 $0
JAMES MALLIOS DIRECTOR 1.00
Director
$0 $0 $0
JAMES WALKER DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY BANK DIRECTOR 1.00
Director
$0 $0 $0
JESSICA BURKINS DIRECTOR 1.00
Director
$0 $0 $0
JIMMY RIZVI DIRECTOR 1.00
Director
$0 $0 $0
JOHN RIGOS DIRECTOR 1.00
Director
$0 $0 $0
JOHN WANG DIRECTOR 1.00
Director
$0 $0 $0
JON NEIDICH DIRECTOR 1.00
Director
$0 $0 $0
JONAH PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN FORGASH DIRECTOR 1.00
Director
$0 $0 $0
JUDY TEPPERBERG DIRECTOR 1.00
Director
$0 $0 $0
KARL FRANZ WILLIANS DIRECTOR 1.00
Director
$0 $0 $0
KEITA SATO DIRECTOR 1.00
Director
$0 $0 $0
KEVIN ALICEA DIRECTOR 1.00
Director
$0 $0 $0
KIM HARRIS DIRECTOR 1.00
Director
$0 $0 $0
KRISTINE GARLISI DIRECTOR 1.00
Director
$0 $0 $0
LILI LYNTON DIRECTOR 1.00
Director
$0 $0 $0
LOYCENT GORDON DIRECTOR 1.00
Director
$0 $0 $0
MARIBEL ARAUJO DIRECTOR 1.00
Director
$0 $0 $0
MARK BARAK DIRECTOR 1.00
Director
$0 $0 $0
MARK FOX DIRECTOR 1.00
Director
$0 $0 $0
MARTIN WHELAN DIRECTOR 1.00
Director
$0 $0 $0
MASSIMO FELICI DIRECTOR 1.00
Director
$0 $0 $0
MEGAN RICKERSON DIRECTOR 1.00
Director
$0 $0 $0
MELANIE FROST DIRECTOR 1.00
Director
$0 $0 $0
MELBA WILSON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BRADY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL JACOBS DIRECTOR 1.00
Director
$0 $0 $0
MONA BIRJEEB DIRECTOR 1.00
Director
$0 $0 $0
NICK NEOCLEOUS DIRECTOR 1.00
Director
$0 $0 $0
PAUL ITALIA DIRECTOR 1.00
Director
$0 $0 $0
PEI WEI DIRECTOR 1.00
Director
$0 $0 $0
PHILIP FARINACCI DIRECTOR 1.00
Director
$0 $0 $0
PHILIPPE MASSOUD DIRECTOR 1.00
Director
$0 $0 $0
RICHIE ROMERO DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BOOKMAN DIRECTOR 1.00
Director
$0 $0 $0
RONEN KAMINITZ DIRECTOR 1.00
Director
$0 $0 $0
ROSEANN MCSORLEY DIRECTOR 1.00
Director
$0 $0 $0
SAM GOLDFINGER DIRECTOR 1.00
Director
$0 $0 $0
SANDRA JAQUEZ DIRECTOR 1.00
Director
$0 $0 $0
SHAUN ROSE DIRECTOR 1.00
Director
$0 $0 $0
SHAW-NAE DIXON DIRECTOR 1.00
Director
$0 $0 $0
SIMON OREN DIRECTOR 1.00
Director
$0 $0 $0
SIMON POWLESS DIRECTOR 1.00
Director
$0 $0 $0
SOPHIE BRUSCHI DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE BROWN DIRECTOR 1.00
Director
$0 $0 $0
SUSAN POVICH DIRECTOR 1.00
Director
$0 $0 $0
SUSANNAH KOTEEN DIRECTOR 1.00
Director
$0 $0 $0
TERENCE TUBRIDY DIRECTOR 1.00
Director
$0 $0 $0
THEODORE ARENAS DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY BURKETT DIRECTOR 1.00
Director
$0 $0 $0
VARUN KATARIA DIRECTOR 1.00
Director
$0 $0 $0
ZACHARY CHODOROW DIRECTOR 1.00
Director
$0 $0 $0
ANDREW RIGIE EXECUTIVE DIRECTOR 60.00
Officer
$253,877 $8,000 $261,877
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 $1,470,928 $1,245,111 $1,590,287 $225,817
2023 $1,349,194 $1,036,102 $1,356,345 $313,092
2022 $1,027,349 $978,141 $1,196,115 $49,208
2021 $655,093 $746,941 $1,136,779 $-91,848
2020 $645,443 $888,672 $1,059,831 $-243,229
2019 $1,015,127 $934,776 $1,308,060 $80,351
2018 $904,595 $899,841 $1,222,709 $4,754
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