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Nonprofiteer
← NORTH STAR FUND INC

Form 990 for tax year 2022

Filed by NORTH STAR FUND INC.

Totals

Total revenue
$13,420,277
Total expenses
$10,108,439
Contributions and grants received
$13,189,298
Grants paid
$5,063,778
Program service revenue
$162,642
Investment income
$6,094
Other revenue
$62,243
Total assets, end of year
$29,398,174
Total liabilities, end of year
$2,387,493
Net assets or fund balances, end of year
$27,010,681
Program services expenses (Part IX)
$8,100,807
Management and general expenses
$741,853
Fundraising expenses
$1,265,779
Program service expenses (Part III)
$8,100,807

Program services were 80.1% 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

    $689,815

  • 1f · All other contributions, gifts and grants

    $12,499,483

  • 1g · Noncash contributions included above

    $1,168,306

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $162,642 · related or exempt $162,642

  • 3 · Investment income

    total $273,101 · excluded $273,101

  • 7a · Gross sales of assets other than inventory

    securities $2,266,901

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

    securities $2,533,908

  • 7c · Gain or loss

    securities -$267,007

  • 7d · Net gain or loss

    total -$267,007 · excluded -$267,007

  • 8a · Fundraising events: gross income

    $0

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

    $689,815

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: MISCELLANEOUS

    total $62,243 · excluded $62,243

  • 11e · Other revenue, total

    $62,243

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,047,991 · program services $5,047,991

  • 2 · Grants to domestic individuals

    total $15,787 · program services $15,787

  • 5 · Compensation of officers, directors and key employees

    total $481,317 · program services $66,319 · management and general $190,749 · fundraising $224,249

  • 7 · Other salaries and wages

    total $1,073,077 · program services $792,294 · management and general $63,531 · fundraising $217,252

  • 8 · Pension plan contributions

    total $113,582 · program services $56,588 · management and general $21,567 · fundraising $35,427

  • 9 · Other employee benefits

    total $238,779 · program services $141,683 · management and general $26,814 · fundraising $70,282

  • 10 · Payroll taxes

    total $124,641 · program services $59,828 · management and general $24,928 · fundraising $39,885

  • 11c · Fees: accounting

    total $52,000 · management and general $52,000

  • 11d · Fees: lobbying

    total $50,000 · program services $50,000

  • 11f · Fees: investment management

    total $18,665 · management and general $18,665

  • 11g · Fees: other

    total $432,548 · program services $297,264 · management and general $61,106 · fundraising $74,178

  • 12 · Advertising and promotion

    total $25,628 · program services $6,082 · fundraising $19,546

  • 13 · Office expenses

    total $164,133 · program services $50,310 · management and general $89,136 · fundraising $24,687

  • 14 · Information technology

    total $49,125 · management and general $49,125

  • 16 · Occupancy

    total $264,560 · program services $150,800 · management and general $39,684 · fundraising $74,076

  • 17 · Travel

    total $3,400 · program services $1,514 · management and general $1,507 · fundraising $379

  • 19 · Conferences, conventions and meetings

    total $24,898 · program services $12,704 · management and general $11,076 · fundraising $1,118

  • 22 · Depreciation, depletion and amortization

    total $32,128 · management and general $32,128

  • 23 · Insurance

    total $11,568 · management and general $11,568

  • 24a · Other expenses: SPONSORED PROJECT

    total $1,039,378 · program services $871,596 · management and general $23,241 · fundraising $144,541

  • 24b · Other expenses: EVENT EXPENSES

    total $315,894 · fundraising $315,894

  • 24c · Other expenses: NATIONAL GIVING PROJECT

    total $230,066 · program services $230,066

  • 24d · Other expenses: DONOR EDUCATION

    total $197,079 · program services $193,703 · management and general $3,376

  • 24e · All other expenses

    total $102,195 · program services $56,278 · management and general $21,652 · fundraising $24,265

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,017,345 · end of year $8,594,043

  • 2 · Savings and temporary cash investments

    beginning of year $9,190,111 · end of year $13,673,503

  • 3 · Pledges and grants receivable

    beginning of year $1,458,051 · end of year $3,053,923

  • 9 · Prepaid expenses and deferred charges

    beginning of year $104,528 · end of year $100,452

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

    $510,329

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

    $422,701

  • 10c · Land, buildings and equipment, net

    beginning of year $119,756 · end of year $87,628

  • 11 · Investments: publicly traded securities

    beginning of year $3,313,818 · end of year $3,212,985

  • 15 · Other assets

    beginning of year $38,166 · end of year $675,640

  • 17 · Accounts payable and accrued expenses

    beginning of year $177,472 · end of year $266,780

  • 18 · Grants payable

    beginning of year $1,740,000 · end of year $1,254,463

  • 25 · Other liabilities

    beginning of year $107,144 · end of year $866,250

  • 27 · Net assets without donor restrictions

    beginning of year $10,539,545 · end of year $13,337,989

  • 28 · Net assets with donor restrictions

    beginning of year $12,677,614 · end of year $13,672,692

Mission and programs · 2022

Mission

NORTH STAR FUND, INC. (NORTH STAR FUND) IS A SOCIAL JUSTICE FOUNDATION THAT SUPPORTS GRASSROOTS ORGANIZING LED BY COMMUNITIES OF COLOR BUILDING POWER IN NEW YORK CITY AND THE HUDSON VALLEY. THE FOUNDATION ORGANIZES PEOPLE ACROSS RACE AND CLASS TO GIVE IN SUPPORT OF THESE MOVEMENTS. SINCE 1979, IT HAS DISTRIBUTED MORE THAN $65 MILLION TO OVER 2,100 GROUPS PROVIDING VISIONARY LEADERSHIP ON TIMELY ISSUES FACING NEW YORK. NORTH STAR FUND ENVISIONS A WORLD IN WHICH RESOURCES AND POWER ARE EQUITABLY SHARED, AND A FUTURE WHERE EVERYONE CAN LIVE WITH DIGNITY AND THRIVE.

  • SEE SCHEDULE OLET US BREATHE:LET US BREATHE FUND PROVIDES CONSISTENT, MULTIYEAR SUPPORT TO BLACK-LED ORGANIZATIONS THAT ARE BUILDING LOCAL MOVEMENTS FOR JUSTICE BY AND FOR BLACK NEW YORKERS IN NEW YORK CITY AND THE HUDSON VALLEY.HUDSON VALLEY:OUR HUDSON VALLEY FUNDING AREA INCLUDES A MIX OF RURAL, SUBURBAN AND URBAN SETTINGS THAT PROVIDE UNIQUE OPPORTUNITIES TO SUPPORT GRASSROOTS ORGANIZING BASED IN COMMUNITIES OF COLOR.COMMUNITY FOOD FUNDERS:COMMUNITY FOOD FUNDERS (CFF) SUPPORTS THE GROWTH OF AN EQUITABLE, ECOLOGICALLY SOUND, AND SUSTAINABLE FOOD SYSTEM IN NEW YORK, NEW JERSEY, AND CONNECTICUT. CFF PROVIDES INFORMATION, RESOURCES AND NETWORKING OPPORTUNITIES FOR FUNDERS TO INVEST STRATEGICALLY IN GROWING, PROCESSING, AND DISTRIBUTING FOOD LOCALLY. CFF IS NOT A GRANT-MAKING ENTITY, IT IS A NETWORK OF PHILANTHROPIC ORGANIZATIONS AND INDIVIDUAL FUNDERS WHO ARE ACTIVE IN FOOD SYSTEM WORK.FISCAL SPONSORSHIP CAMPAIGNS:COMMUNITIES UNITED FOR POLICE REFORM (CPR) IS AN UNPRECEDENTED CAMPAIGN THAT IS WORKING TO END DISCRIMINATORY POLICING IN NEW YORK.DONOR ADVISED CONTRIBUTIONS:DONOR GROUPS WHO FUND SOCIAL JUSTICE ISSUES THE MEMBERS HAVE AGREED UPON.

    Expenses $8,100,807 · Grants $5,063,778 · Revenue $162,642

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

Listed in Part VII

  • JENNIFER CHING

    EXECUTIVE DIRECTOR

    Total calculated
    $193,722
    From this org
    $171,235
    From related orgs
    $0
    Other
    $22,487
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $171,235
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $22,487
    Filer's total
    $193,722

  • MARJORIE FINE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • PIERRE HAUSER

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL WATERMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • NATASHA PALLAN

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ALVAREZ SYMONETTE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ASA JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CANDIS TOLLIVER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE PARKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID RYAN ALEXANDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EJERIS DIXON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GONZALO MERCADO-CISTERNA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER FLYNN WALKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KESI FOSTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA STEGLICH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MAGGIE WILLIAMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROSEMARY RIVERA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SAYU BHOJWANI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ELINORE CUYA JONES

    DEPUTY DIRECTOR

    Total calculated
    $148,048
    From this org
    $136,900
    From related orgs
    $0
    Other
    $11,148
    Hours/week
    32

  • JUNIE FRANCOIS PSWARAYI

    DIRECTOR OF FINANCE

    Total calculated
    $34,411
    From this org
    $34,411
    From related orgs
    $0
    Other
    $0
    Hours/week
    32

  • KATHLEEN PEQUENO

    COMMUNICATIONS DIRECTOR

    Total calculated
    $159,501
    From this org
    $137,037
    From related orgs
    $0
    Other
    $22,464
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $137,037
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $22,464
    Filer's total
    $159,501

  • KOFO ANIFALAJE

    DEVELOPMENT DIRECTOR

    Total calculated
    $132,554
    From this org
    $120,852
    From related orgs
    $0
    Other
    $11,702
    Hours/week
    32

  • KELLIE TERRY

    PHILANTHROPY PROGRAMS DIR

    Total calculated
    $135,608
    From this org
    $118,208
    From related orgs
    $0
    Other
    $17,400
    Hours/week
    32

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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

  • FOR THE MANY

    $150,000

    PROVIDED THROUGH OUR PARTNERSHIP WITH NOVO FOUNDATION, FOR GENERAL SUPPORT.

  • SARATOGA BLACK LIVES MATTER

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • EAST NEW YORK COMMUNITY LAND TRUST

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • QUEER DETAINEE EMPOWERMENT PROJECT

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • TROY 4 BLACK LIVES

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • MALCOLM X GRASSROOTS MOVEMENT

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • WOMEN'S COMMUNITY JUSTICE ASSOCIATION

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • JUST MAKING A CHANGE FOR FAMILIES

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • NATIONAL TASK FORCE FOR MISSING AND MURDERED WOMEN AND GIRLS OF COLORGIRL

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

  • COMMUNITY RISING PROJECT

    $30,000

    GENERAL SUPPORT. PLEASE NOTE THAT THIS GRANT IS PRORATED TO COVER AN 18-MONTH PERIOD IN ORDER TO MOVE YOUR NEXT RENEWAL DEADLINE TO FALL OF 2024

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431369349301143

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

The source document this was parsed from is served over the API, which is where bulk and document access live.