MEATPACKING DISTRICT MANAGEMENT ASSOCIATION INC

EIN: 810788036 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$4,505,767
Total Expenses
$3,965,072
Total Assets
$4,799,237
Net Assets
$4,173,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
JEFFREY LEFRANCOIS
Phone
2126330185
Tax Period
2023-07-01 to 2024-06-30

MEATPACKING DISTRICT MANAGEMENT ASSOCIATION INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 12% surplus.

Mission

PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.

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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 $99,500
Program Service Revenue $4,201,672
Investment Income $151,717
Other Revenue $52,878
TOTAL REVENUE $4,505,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $842,518
Fundraising Expenses $0
Program Expenses $3,614,742
Other Expenses $3,122,554
TOTAL EXPENSES $3,965,072

Year-over-Year Comparison

2023 2022 Change
Revenue $4,505,767 $3,576,828 +0.3%
Expenses $3,965,072 $3,627,757 +0.1%
Net Income $540,695 $-50,929 -11.6%
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

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Governance

Voting Members
30
Independent Members
29
Employees
6
Volunteers
29

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
$328,276
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN IGER CHAIR 2.00
Officer Director
$0 $0 $0
CLIFF MEILMAN FIRST VICE CHAIR 2.00
Officer Director
$0 $0 $0
ANGELA PINSKY SECOND VICE CHAIR 2.00
Officer Director
$0 $0 $0
THOMAS NAKIOS TREASURER 2.00
Officer Director
$0 $0 $0
JARED EPSTEIN SECRETARY 2.00
Officer Director
$0 $0 $0
ALLIE SCHORR DIRECTOR 0.50
Director
$0 $0 $0
AMY SLATTERY DIRECTOR 0.50
Director
$0 $0 $0
ANDREA SACKER DIRECTOR 0.50
Director
$0 $0 $0
BRAD PASCARELLA DIRECTOR 0.50
Director
$0 $0 $0
CHERYL KUPPER DIRECTOR 0.50
Director
$0 $0 $0
DILLON NORRIS DIRECTOR 0.50
Director
$0 $0 $0
DONNA RAFTERY DIRECTOR 0.50
Director
$0 $0 $0
DOUG EISENBERG DIRECTOR 0.50
Director
$0 $0 $0
FREDERICA SIGEL DIRECTOR 0.50
Director
$0 $0 $0
GARY KLINE DIRECTOR 0.50
Director
$0 $0 $0
IVY BROWN DIRECTOR 0.50
Director
$0 $0 $0
JANE CAREY DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY JONES DIRECTOR 0.50
Director
$0 $0 $0
JOANNE KWONG DIRECTOR 0.50
Director
$0 $0 $0
JOE TARVER DIRECTOR 0.50
Director
$0 $0 $0
KAZUMI YANAI DIRECTOR 0.50
Director
$0 $0 $0
MEGAN FLYNN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL ACHENBAUM DIRECTOR 0.50
Director
$0 $0 $0
NEIL BENDER DIRECTOR 0.50
Director
$0 $0 $0
NICOLE BARTH DIRECTOR 0.50
Director
$0 $0 $0
PAUL PARISER DIRECTOR 0.50
Director
$0 $0 $0
RACHEL OSTRY DIRECTOR 0.50
Director
$0 $0 $0
RENE CUENCA DIRECTOR 0.50
Director
$0 $0 $0
STEVE GONZALEZ DIRECTOR 0.50
Director
$0 $0 $0
STUART ROMANOFF DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY LEFRANCOIS EXECUTIVE DIRECTOR 40.00
Officer
$313,140 $15,136 $328,276
TIFFANY GRIFFIN DIRECTOR OF MARKETING 40.00
Highest
$143,022 $13,807 $156,829
EVAN SWEET DIR. OF NEIGHBORHOOD PLANNING AND OPERATIONS 40.00
Highest
$123,488 $15,592 $139,080
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 $4,505,767 $3,965,072 $4,799,237 $540,695
2023 $3,576,828 $3,627,757 $4,374,289 $-50,929
2022 $3,389,104 $3,465,579 $4,142,066 $-76,475
2021 $2,900,525 $2,561,122 $4,185,794 $339,403
2020 $2,674,788 $2,293,420 $2,499,941 $381,368
2019 $2,547,674 $1,920,851 $2,074,498 $626,823
2018 $2,115,716 $1,902,850 $1,426,916 $212,866
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