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Nonprofiteer
← NEW YORK CARES INC

Form 990 for tax year 2023

Filed by NEW YORK CARES INC.

Totals

Total revenue
$10,644,142
Total expenses
$10,028,036
Contributions and grants received
$10,234,507
Grants paid
$0
Program service revenue
$0
Investment income
$409,635
Other revenue
$0
Total assets, end of year
$16,164,570
Total liabilities, end of year
$4,134,134
Net assets or fund balances, end of year
$12,030,436
Program services expenses (Part IX)
$8,284,284
Management and general expenses
$553,420
Fundraising expenses
$1,190,332
Program service expenses (Part III)
$8,284,284

Program services were 82.6% 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.

  • 1c · Fundraising events

    $1,006,084

  • 1e · Government grants (contributions)

    $470,623

  • 1f · All other contributions, gifts and grants

    $8,757,800

  • 1g · Noncash contributions included above

    $1,551,908

  • 3 · Investment income

    total $280,371 · excluded $280,371

  • 7a · Gross sales of assets other than inventory

    securities $274,290

  • 7b · Less cost or other basis and sales expenses

    securities $145,026

  • 7c · Gain or loss

    securities $129,264

  • 7d · Net gain or loss

    total $129,264 · excluded $129,264

  • 8a · Fundraising events: gross income

    $254,925

  • 8a · Fundraising events: contributions included on line 1c

    $1,006,084

  • 8b · Fundraising events: direct expenses

    $254,925

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $644,333 · program services $408,905 · management and general $170,995 · fundraising $64,433

  • 7 · Other salaries and wages

    total $4,078,664 · program services $3,377,468 · management and general $147,994 · fundraising $553,202

  • 8 · Pension plan contributions

    total $36,115 · program services $30,121 · management and general $1,097 · fundraising $4,897

  • 9 · Other employee benefits

    total $610,142 · program services $528,381 · management and general $10,025 · fundraising $71,736

  • 10 · Payroll taxes

    total $352,161 · program services $284,071 · management and general $22,068 · fundraising $46,022

  • 11c · Fees: accounting

    total $50,925 · management and general $50,925

  • 11d · Fees: lobbying

    total $36,000 · fundraising $36,000

  • 11f · Fees: investment management

    total $30,000 · management and general $30,000

  • 11g · Fees: other

    total $392,266 · program services $145,354 · management and general $48,851 · fundraising $198,061

  • 12 · Advertising and promotion

    total $155,511 · program services $147,735 · fundraising $7,776

  • 13 · Office expenses

    total $113,924 · program services $85,917 · management and general $17,230 · fundraising $10,777

  • 14 · Information technology

    total $514,714 · program services $418,451 · management and general $35,812 · fundraising $60,451

  • 16 · Occupancy

    total $227,279 · program services $189,723 · management and general $11,285 · fundraising $26,271

  • 22 · Depreciation, depletion and amortization

    total $31,333 · program services $26,155 · management and general $1,556 · fundraising $3,622

  • 23 · Insurance

    total $86,870 · program services $72,515 · management and general $4,313 · fundraising $10,042

  • 24a · Other expenses: PROJECT EXPENSES

    total $2,529,047 · program services $2,529,047

  • 24b · Other expenses: TELEMARKETING

    total $91,039 · fundraising $91,039

  • 24c · Other expenses: PRINTING AND PRODUCTION

    total $41,430 · program services $35,196 · management and general $957 · fundraising $5,277

  • 24d · Other expenses: POSTAGE AND SHIPPING

    total $6,283 · program services $5,245 · management and general $312 · fundraising $726

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,305,665 · end of year $1,044,839

  • 2 · Savings and temporary cash investments

    beginning of year $3,090,287 · end of year $3,809,798

  • 3 · Pledges and grants receivable

    beginning of year $2,678,391 · end of year $2,520,175

  • 9 · Prepaid expenses and deferred charges

    beginning of year $694,255 · end of year $516,433

  • 10a · Land, buildings and equipment: cost or other basis

    $357,022

  • 10b · Land, buildings and equipment: accumulated depreciation

    $31,333

  • 10c · Land, buildings and equipment, net

    beginning of year $9,813 · end of year $325,689

  • 11 · Investments: publicly traded securities

    beginning of year $4,644,249 · end of year $5,309,002

  • 15 · Other assets

    beginning of year $0 · end of year $2,638,634

  • 17 · Accounts payable and accrued expenses

    beginning of year $733,171 · end of year $732,600

  • 25 · Other liabilities

    beginning of year $278,395 · end of year $3,401,534

  • 27 · Net assets without donor restrictions

    beginning of year $10,003,411 · end of year $10,082,875

  • 28 · Net assets with donor restrictions

    beginning of year $1,407,683 · end of year $1,947,561

Mission and programs · 2023

Mission

NEW YORK CARES MEETS PRESSING COMMUNITY NEEDS BY MOBILIZING CARING NEW YORKERS IN VOLUNTEER SERVICE.

Activities or mission (Part I)

TO MEET THE PRESSING COMMUNITY NEEDS BY MOBILIZING CARING NEW YORKERS IN VOLUNTEER SERVICE.

  • NEW YORK CARES, INC. (THE ORGANIZATION") MEETS PRESSING COMMUNITY NEEDS BY MOBILIZING THOUSANDS OF CARING NEW YORKERS IN SERVICE EACH YEAR ON: (I) A WIDE VARIETY OF HANDS-ON, YEAR-ROUND VOLUNTEER PROJECTS, (II) CORPORATE-SPONSORED EMPLOYEE ENGAGEMENT OPPORTUNITIES, AND (III) SIGNATURE EVENTS (SUCH AS THE NEW YORK CARES COAT DRIVE, WINTER WISHES, AND STAND WITH STUDENTS). THE ORGANIZATION PARTNERS WITH NONPROFITS, SCHOOLS, AND DISASTER-RELIEF ORGANIZATIONS ("COMMUNITY PARTNERS") TO ADDRESS THEIR ONGOING VOLUNTEER RECRUITMENT NEEDS AND MANAGES TENS OF THOUSANDS OF PROJECTS ANNUALLY THAT SCALE IMPACT TO SERVE COMMUNITIES ACROSS NYC. SEE CONTINUATION IN SCHEDULE O.

    Expenses $8,284,284

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • PAUL J TAUBMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JEANNE STRAUS

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • KEITH A GROSSMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • JOHN B EHRENKRANZ

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL GRAHAM

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • NEIL K DHAR

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • ADAM ZOTKOW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AUDREY CHOI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DENNISTON M RIED JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EDWARD PETROSKY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GAIL B HARRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GUS GARCIA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAMES L AMINE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANET ZAGORIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOYCE FROST

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JULIE TURAJ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • K DON CORNWELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KARL KELLNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KELLEY MORRELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHELE D CUBIC

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT WALSH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SAPREET K SALUJA

    EXECUTIVE DIRECTOR

    Total calculated
    $370,614
    From this org
    $342,683
    From related orgs
    $0
    Other
    $27,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $342,683
    Bonus
    $0
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $25,431
    Filer's total
    $370,614

  • EDWARD LADA

    CHIEF FINANCE & OPS OFFICER

    Total calculated
    $254,974
    From this org
    $210,021
    From related orgs
    $0
    Other
    $44,953
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,021
    Bonus
    $0
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $42,453
    Filer's total
    $254,974

  • NYISHA HOLLIDAY

    CHIEF TALENT OFFICER

    Total calculated
    $196,063
    From this org
    $191,983
    From related orgs
    $0
    Other
    $4,080
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,983
    Bonus
    $0
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $1,580
    Filer's total
    $196,063

  • JENNIFER G GOLDSCHEIN

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $220,060
    From this org
    $220,000
    From related orgs
    $0
    Other
    $60
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $60
    Filer's total
    $220,060

  • PAUL J FRIDMAN

    ASSOCIATE VP, PROGRAM OPERATIONS

    Total calculated
    $145,125
    From this org
    $130,265
    From related orgs
    $0
    Other
    $14,860
    Hours/week
    40

  • MICHAEL J GAMBER

    DIRECTOR, TECHNOLOGY

    Total calculated
    $140,847
    From this org
    $123,487
    From related orgs
    $0
    Other
    $17,360
    Hours/week
    40

  • ERICA LOCKWOOD

    SR. DIRECTOR, COMMUNICATIONS AND MARKETING

    Total calculated
    $113,355
    From this org
    $110,795
    From related orgs
    $0
    Other
    $2,560
    Hours/week
    40

  • ARLENE LOZANO THRU 0923

    FORMER CHIEF PROGRAM OFFICER

    Total calculated
    $207,550
    From this org
    $196,973
    From related orgs
    $0
    Other
    $10,577
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $145,052
    Bonus
    $0
    Other
    $51,921
    Deferred
    $0
    Nontaxable benefits
    $10,577
    Filer's total
    $207,550

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
SEVERANCE FOR ONE EMPLOYEE IS INCLUDED IN PART II, COLUMN B (III).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
11 August 2025
IRS schema version
2023v6.0
Source object
202522249349301407

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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