1199SEIUGREATER NEW YORK CHILD CARE

EIN: 753086330 Mutual Benefit

NEW YORK, NY

Total Revenue
$3,476,202
Total Expenses
$3,376,975
Total Assets
$1,663,302
Net Assets
$1,254,112
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
ROSSMERY DAIS
Phone
2125642220
Tax Period
2023-01-01 to 2023-12-31

1199SEIUGREATER NEW YORK CHILD CARE, founded in 2002, is a community nonprofit in the Mutual Benefit sector that reported $3.5M in total revenue in fiscal year 2023.

Mission

TO ESTABLISH CHILD CARE YOUTH PROGRAMS AND RELATED SERVICES FOR FUND ELIGIBLE 1199 MEMBERS IN ORDER TO INCREASE THEIR ACCESS TO HIGH QUALITY, AFFORDABLE CHILD CARE AND YOUTH RELATED SERVICES AND INFORMATION. TO ASSIST PARENTS RECONCILING THEIR WORK AND FAMILY RESPONSIBILITIES, THE FUND WILL PROVIDE PROGRAMS AND SERVICES THAT MEET THE PARTICULAR NEEDS OF CHILDREN FROM INFANCY THROUGH AGE 17.

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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 $0
Program Service Revenue $3,457,079
Investment Income $15,191
Other Revenue $3,932
TOTAL REVENUE $3,476,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $452,135
TOTAL EXPENSES $3,376,975

Year-over-Year Comparison

2023 2022 Change
Revenue $3,476,202 $3,283,387 +0.1%
Expenses $3,376,975 $3,417,309 0.0%
Net Income $99,227 $-133,922 -1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
96
Volunteers
7

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
$202,717
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BALBONI EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM PASCOCELLO EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
ROBIN ROSEN ESQ EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
YVONNE ARMSTRONG UNION TRUSTEE 1.00
Director
$0 $0 $0
ALLAN SHERMAN UNION TRUSTEE 1.00
Director
$0 $0 $0
DAN RATNER UNION TRUSTEE 1.00
Director
$0 $0 $0
NOREEN WRAY UNION TRUSTEE 1.00
Director
$0 $0 $0
ROSSMERY DAIS EXECUTIVE DIRECTOR 3.00
Officer
$25,853 $12,298 $38,151
DONNA REY CROSS FUNDS EXECUTIVE DIRE 1.00
Officer
$0 $36,261 $111,179
MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 1.00
Officer
$1,009 $17,837 $53,387
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 $3,476,202 $3,376,975 $1,663,302 $99,227
2022 $3,283,387 $3,417,309 $1,547,958 $-133,922
2021 $3,166,018 $3,495,904 $1,344,777 $-329,886
2020 $3,377,774 $3,403,033 $1,657,047 $-25,259
2019 $3,430,807 $3,381,362 $1,679,197 $49,445
2018 $3,336,657 $3,282,558 $1,618,197 $54,099
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