Form 990 for tax year 2022
Filed by HUB-THIRD AVE MERCHANTS DISTRICT MANAGEMENT ASSOCIATION INC.
Totals
- Total revenue
- $638,949
- Total expenses
- $788,118
- Contributions and grants received
- $638,949
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $11,197
- Total liabilities, end of year
- $127,748
- Net assets or fund balances, end of year
- -$116,551
- Program services expenses (Part IX)
- $348,188
- Management and general expenses
- $409,418
- Fundraising expenses
- $30,512
- Program service expenses (Part III)
- $348,188
Program services were 44.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$535,927
-
1f · All other contributions, gifts and grants
$103,022
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $30,866 · program services $14,507 · management and general $13,272 · fundraising $3,087
-
7 · Other salaries and wages
total $223,266 · program services $104,935 · management and general $96,004 · fundraising $22,327
-
10 · Payroll taxes
total $24,248 · program services $11,397 · management and general $10,426 · fundraising $2,425
-
11a · Fees: management
total $13,000 · program services $13,000
-
11b · Fees: legal
total $35,000 · program services $13,459 · management and general $21,541
-
11c · Fees: accounting
total $43,395 · program services $16,687 · management and general $26,708
-
11g · Fees: other
total $157,376 · program services $72,910 · management and general $84,466
-
12 · Advertising and promotion
total $6,498 · program services $3,825 · fundraising $2,673
-
13 · Office expenses
total $16,209 · program services $9,043 · management and general $7,166
-
16 · Occupancy
total $84,108 · program services $33,643 · management and general $50,465
-
17 · Travel
total $6,335 · program services $3,801 · management and general $2,534
-
22 · Depreciation, depletion and amortization
total $46,554 · management and general $46,554
-
23 · Insurance
total $50,282 · management and general $50,282
-
24a · Other expenses: GENERAL CONTRACT SERVICES
total $38,211 · program services $38,211
-
24b · Other expenses: SANITATION
total $10,770 · program services $10,770
-
24c · Other expenses: EQUIPMENT RENTAL
total $2,000 · program services $2,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,216 · end of year $9,193
-
4 · Accounts receivable
beginning of year $14,500
-
10a · Land, buildings and equipment: cost or other basis
$13,983
-
10b · Land, buildings and equipment: accumulated depreciation
$11,979
-
10c · Land, buildings and equipment, net
beginning of year $127,998 · end of year $2,004
-
17 · Accounts payable and accrued expenses
beginning of year $112,096 · end of year $127,748
-
27 · Net assets without donor restrictions
beginning of year $32,618 · end of year -$116,551
Mission and programs · 2022
Mission
SANITATION AND SECURITY SERVICES, LOCAL BUSINESS IMPROVEMENTS, AND LOCAL BUSINESS GROWTH
-
THE ORGANIZATION HAS SIGNED A CONTRACT WITH THE NYC DEPT OF BUSINES SERVCES TO PROVIDE CERTAIN SUPPLEMENTAL SERVICES IN THE 149TH STREET, 3RD AVENUE SECTION OF THE BRONX, NEW YORK. THESE SERVICES INCLUDE THOSE RELATING TO SANITATION MAINTENANCE, HOLIDAY AND SEASONAL DECORATIONS, LOCAL BUSINESS PROMOTION AND DISTRICT CAPTIAL IMPROVEMENT PROGRAMS.
Expenses $348,188
As filed on the 2022 return.
Listed in Part VII
-
Eric AdamsERIC ADAMS
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Abel BreaABEL BREA
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Fernando FuentesFERNANDO FUENTES
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Michael HirschornMICHAEL HIRSCHORN
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Issac JemalISSAC JEMAL
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Marcelo KlajinbartMARCELO KLAJINBART
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Moo KwonMOO KWON
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Brad LanderBRAD LANDER
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Michael NixonMICHAEL NIXON
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Linda OrtizLINDA ORTIZ
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Arline ParksARLINE PARKS
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Roger SaadROGER SAAD
BOARD CHAIRM
- Total calculated
- $0
- Hours/week
- 1
-
Rafael SalamancaRAFAEL SALAMANCA
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Joseph ShamoshJOSEPH SHAMOSH
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Simmons-OliverCHERYL SIMMONS-OLIVER
BOARD DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Pedro SuarezPEDRO SUAREZ
EXECUTIVE DI
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440729349301039
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