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← FOOD BANK FOR NEW YORK CITY

Form 990 for tax year 2022

Filed by FOOD BANK FOR NEW YORK CITY.

Totals

Total revenue
$164,260,366
Total expenses
$168,654,639
Contributions and grants received
$161,362,474
Grants paid
$123,456,650
Program service revenue
$2,956,997
Investment income
$352,839
Other revenue
-$411,944
Total assets, end of year
$86,494,065
Total liabilities, end of year
$42,961,631
Net assets or fund balances, end of year
$43,532,434
Program services expenses (Part IX)
$147,076,605
Management and general expenses
$12,347,434
Fundraising expenses
$9,230,600
Program service expenses (Part III)
$147,076,605

Program services were 87.2% 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.

  • 1c · Fundraising events

    $657,537

  • 1e · Government grants (contributions)

    $38,702,765

  • 1f · All other contributions, gifts and grants

    $122,002,172

  • 1g · Noncash contributions included above

    $82,238,760

  • 2a · Program service revenue: SALE OF FOOD AND PAPER PRODUCTS

    total $2,956,997 · related or exempt $2,956,997

  • 3 · Investment income

    total $347,143 · excluded $347,143

  • 7a · Gross sales of assets other than inventory

    securities $18,337,490

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

    securities $18,331,794

  • 7c · Gain or loss

    securities $5,696

  • 7d · Net gain or loss

    total $5,696 · excluded $5,696

  • 8a · Fundraising events: gross income

    $55,594

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

    $657,537

  • 8b · Fundraising events: direct expenses

    $475,438

  • 8c · Net income from fundraising events

    total -$419,844 · excluded -$419,844

  • 11a · Other revenue: OTHER

    total $7,900 · related or exempt $7,900

  • 11e · Other revenue, total

    $7,900

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $123,456,650 · program services $123,456,650

  • 5 · Compensation of officers, directors and key employees

    total $799,280 · management and general $679,906 · fundraising $119,374

  • 7 · Other salaries and wages

    total $21,243,629 · program services $12,577,339 · management and general $4,495,543 · fundraising $4,170,747

  • 8 · Pension plan contributions

    total $579,353 · program services $367,767 · management and general $110,922 · fundraising $100,664

  • 9 · Other employee benefits

    total $2,676,069 · program services $1,657,084 · management and general $553,500 · fundraising $465,485

  • 10 · Payroll taxes

    total $1,931,585 · program services $1,182,445 · management and general $416,843 · fundraising $332,297

  • 11b · Fees: legal

    total $10,263 · management and general $10,263

  • 11g · Fees: other

    total $3,905,694 · program services $672,371 · management and general $2,614,313 · fundraising $619,010

  • 12 · Advertising and promotion

    total $1,089,427 · program services $206,151 · management and general $550,327 · fundraising $332,949

  • 13 · Office expenses

    total $811,083 · program services $136,018 · management and general $394,430 · fundraising $280,635

  • 14 · Information technology

    total $1,214,677 · program services $218,041 · management and general $847,289 · fundraising $149,347

  • 16 · Occupancy

    total $3,185,716 · program services $2,775,332 · management and general $274,457 · fundraising $135,927

  • 17 · Travel

    total $153,033 · program services $25,664 · management and general $74,420 · fundraising $52,949

  • 19 · Conferences, conventions and meetings

    total $282,648 · program services $47,400 · management and general $137,452 · fundraising $97,796

  • 20 · Interest

    total $88,898 · program services $17,477 · management and general $71,421

  • 22 · Depreciation, depletion and amortization

    total $970,603 · program services $782,800 · management and general $129,836 · fundraising $57,967

  • 23 · Insurance

    total $462,075 · management and general $462,075

  • 24a · Other expenses: OTHER PROGRAM EXP.

    total $2,171,224 · program services $2,159,507 · management and general $6,530 · fundraising $5,187

  • 24b · Other expenses: DIRECT MAIL

    total $1,158,563 · fundraising $1,158,563

  • 24c · Other expenses: FUNDRAISING & OTHER ENG

    total $1,032,431 · program services $2,489 · management and general $2,436 · fundraising $1,027,506

  • 24d · Other expenses: WAREHOUSE

    total $762,822 · program services $737,666 · management and general $12,991 · fundraising $12,165

  • 24e · All other expenses

    total $668,916 · program services $54,404 · management and general $502,480 · fundraising $112,032

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,543,602 · end of year $3,471,639

  • 2 · Savings and temporary cash investments

    beginning of year $6,905,175 · end of year $6,943,586

  • 3 · Pledges and grants receivable

    beginning of year $19,873,909 · end of year $18,843,164

  • 4 · Accounts receivable

    beginning of year $298,363 · end of year $575,801

  • 8 · Inventories for sale or use

    beginning of year $4,263,978 · end of year $4,446,872

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,293,354 · end of year $916,525

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

    $14,094,201

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

    $7,178,059

  • 10c · Land, buildings and equipment, net

    beginning of year $7,441,157 · end of year $6,916,142

  • 11 · Investments: publicly traded securities

    beginning of year $13,308,383 · end of year $9,136,220

  • 15 · Other assets

    beginning of year $2,166,808 · end of year $35,244,116

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,178,287 · end of year $7,470,885

  • 23 · Secured mortgages and notes payable

    beginning of year $1,293,950 · end of year $1,180,826

  • 25 · Other liabilities

    beginning of year $3,814,858 · end of year $34,309,920

  • 27 · Net assets without donor restrictions

    beginning of year $46,490,998 · end of year $40,590,173

  • 28 · Net assets with donor restrictions

    beginning of year $1,316,636 · end of year $2,942,261

Mission and programs · 2022

Mission

FOOD BANK FOR NYC HAS BEEN THE CITY'S MAJOR HUNGER-RELIEF ORGANIZATION WORKING TO END HUNGER THROUGHOUT THE FIVE BOROUGHS FOR OVER 40 YEARS. EQUIPPED WITH THE UNIQUE PERSPECTIVE THAT COMES WITH BEING OF AND FOR THIS CITY, WE MOVE AHEAD OF TODAY'S CHALLENGES TO ACTIVATE THE RIGHT RESOURCES, EXPERTISE AND INSIGHTS IN SERVICE OF MAKING A DIFFERENCE THAT MATTERS. COMMUNITY BY COMMUNITY, WE HARNESS THE COLLECTIVE POWER OF OUR NETWORK, WHERE EVERYONE FEELS EMPOWERED TO TAKE CHARGE OF THEIR STORY.

Activities or mission (Part I)

THE MISSION OF FOOD BANK FOR NEW YORK CITY IS TO END HUNGER BY ORGANIZING FOOD, INFORMATION AND SUPPORT FOR COMMUNITY SURVIVAL AND DIGNITY.

  • FOOD DISTRIBUTION. IN FY23, FOOD BANK DISTRIBUTED 80.7 MILLION POUNDS OF FOOD EQUIVALENT TO 66 MILLION MEALS. ALSO SINCE THE SPRING OF 2022 MORE THAN AN ESTIMATED 180,000 NEW IMMIGRANTS HAVE ARRIVED IN NYC. FOOD BANK RESPONDED WITH MOBILE DISTRIBUTIONS INTO HIGHEST NEEDS AREAS, AND WORKED WITH OUR PANTRY PARTNERS, COMMUNITY LEADERS, THE MAYOR'S OFFICE OF IMMIGRANT AFFAIRS TO ESTABLISH "CRISIS RESPONSE" PLANS FOR THESE AND OTHER EMERGENCIES WHERE FOOD IS REQUIRED.ADDITIONALLY, FOOD BANK WORKED TO STRENGTHEN ITS NETWORK OF EMERGENCY.

    Expenses $137,274,571 · Grants $101,344,932 · Revenue $2,950,477

  • NUTRITION EDUCATION: IN FY23, FOOD BANK FOR NEW YORK CITY CONTINUED WITH VIRTUAL LEARNING CURRICULUM AND VIRTUAL WORKSHOPS AND RESTORED PRE-PANDEMIC IN-PERSON ACTIVITIES AS CIRCUMSTANCES PERMITTED.

    Expenses $2,795,868 · Grants $10,993

  • INCOME SUPPORT SERVICES: FOOD BANK'S INCOME SUPPORT SERVICES PROVIDES FREE TAX PREPARATION SERVICES AND FINANCIAL WORKSHOPS AND COUNSELING. IN FY23, FOOD BANK'S TAX SERVICES FACILITATED 19,857 TAX RETURNS TOTALING $28.3 MILLION IN REFUNDS GENERATING AN EQUIVALENT 972 THOUSAND MEALS.

    Expenses $2,608,294 · Grants $364,633

  • COMMUNITY KITCHEN AND FOOD PANTRY: OPENED IN 1984, THE COMMUNITY KITCHEN AND FOOD PANTRY OF WEST HARLEM (THE "KITCHEN") IS A RESOURCE AND SERVICE CENTER FOR THE COMMUNITY OF WEST HARLEM. THE KITCHEN OPERATES A CONGREGATE MEAL PROGRAM; A CONSUMER-CHOICE FOOD PANTRY AND, A PROGRAM CONNECTING INDIVIDUALS AND FAMILIES TO INCOME SUPPORT PROGRAMS, INCLUDING SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM, FREE TAX-RETURN PREPARATION SERVICES, AND RENT, MORTGAGE AND UTILITY ASSISTANCE.

    Expenses $4,397,872 · Grants $21,736,092 · Revenue $14,420

  • BENEFITS ACCESS: IN FY22, FOOD BANK FACILITATED $35,942,000 IN SNAP BENEFITS WITH A VALUE OF 8.8 MILLION MEALS AND ECONOMIC IMPACT OF MORE THAN $55 MILLION DOLLARS IN NYC.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ARTHUR STAINMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • GEORGE GARFUNKEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • GLORIA PITAGORSKY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • KATIE LEE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • KEVIN FRISZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • KYRA SEDGWICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • LARY STROMFELD

    EXECUTIVE VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • LAUREN BUSH LAUREN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • NICOLAS POITEVIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • PASTOR MICHAEL WALROND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • REV HENRY BELIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • SERAINA MACIA

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • LESLIE GORDON

    PRESIDENT AND CEO

    Total calculated
    $472,059
    From this org
    $460,701
    From related orgs
    $0
    Other
    $11,358
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $349,201
    Bonus
    $105,060
    Other
    $6,440
    Deferred
    $10,568
    Nontaxable benefits
    $790
    Filer's total
    $472,059
  • VERONICA JARRETT

    CFO

    Total calculated
    $318,703
    From this org
    $270,326
    From related orgs
    $0
    Other
    $48,377
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $197,144
    Bonus
    $45,150
    Other
    $28,032
    Deferred
    $10,940
    Nontaxable benefits
    $37,437
    Filer's total
    $318,703
  • CARMEN BOON

    VP OF EXTERNAL AFFAIRS

    Total calculated
    $238,330
    From this org
    $192,764
    From related orgs
    $0
    Other
    $45,566
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $182,401
    Bonus
    $9,811
    Other
    $552
    Deferred
    $6,965
    Nontaxable benefits
    $38,601
    Filer's total
    $238,330
  • DENIS GARVEY

    VICE PRESIDENT OF LOGISTICS

    Total calculated
    $225,118
    From this org
    $195,933
    From related orgs
    $0
    Other
    $29,185
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $190,641
    Bonus
    $3,708
    Other
    $1,584
    Deferred
    $9,823
    Nontaxable benefits
    $19,362
    Filer's total
    $225,118
  • JOVANNA RODRIQUEZ

    CHIEF PEOPLE OFFICER

    Total calculated
    $240,736
    From this org
    $217,194
    From related orgs
    $0
    Other
    $23,542
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $182,634
    Bonus
    $34,320
    Other
    $240
    Deferred
    $8,765
    Nontaxable benefits
    $14,777
    Filer's total
    $240,736
  • MATTHEW HONEYCUTT

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $377,743
    From this org
    $306,876
    From related orgs
    $0
    Other
    $70,867
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $253,324
    Bonus
    $53,000
    Other
    $552
    Deferred
    $15,250
    Nontaxable benefits
    $55,617
    Filer's total
    $377,743
  • ROBERT SILVIA

    CHIEF PROCUREMENT OFFICER

    Total calculated
    $318,065
    From this org
    $271,105
    From related orgs
    $0
    Other
    $46,960
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $224,073
    Bonus
    $46,000
    Other
    $1,032
    Deferred
    $8,282
    Nontaxable benefits
    $38,678
    Filer's total
    $318,065

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE BOARD APPROVED THE BONUS FOR THE PRESIDENT & CEO. THE CEO APPROVES BONUSES FOR ALL OTHER EMPLOYEES.
PART II, COLUMN B(III):
THE AMOUNTS IN THIS COLUMN INCLUDE CONTRIBUTIONS TO A 457(B) RETIREMENT PLAN AND TAXABLE GROUP LIFE INSURANCE.

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349307535

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

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