Form 990 for tax year 2024
Filed by NEW YORK BUILDING FOUNDATION INC.
Totals
- Total revenue
- $537,793
- Total expenses
- $393,614
- Contributions and grants received
- $12,000
- Grants paid
- $156,000
- Program service revenue
- $0
- Investment income
- $4,148
- Other revenue
- $521,645
- Total assets, end of year
- $540,281
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $540,281
- Program services expenses (Part IX)
- $156,000
- Management and general expenses
- $105,071
- Fundraising expenses
- $132,543
- Program service expenses (Part III)
- $156,000
Program services were 39.6% 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.
-
1f · All other contributions, gifts and grants
$12,000
-
3 · Investment income
total $4,148 · unrelated business $4,148
-
8a · Fundraising events: gross income
$521,645
-
8c · Net income from fundraising events
total $521,645 · unrelated business $521,645
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $156,000 · program services $156,000
-
11c · Fees: accounting
total $8,750 · management and general $8,750
-
11g · Fees: other
total $7,500 · management and general $7,500
-
22 · Depreciation, depletion and amortization
total $1,747 · management and general $1,747
-
24a · Other expenses: NYBC STAFF TIME
total $60,000 · management and general $60,000
-
24b · Other expenses: BANK CHARGES
total $8,401 · management and general $8,401
-
24c · Other expenses: MISC STATIONARY
total $125 · management and general $125
-
24d · Other expenses: WINE DINNER
total $132,543 · fundraising $132,543
-
24e · All other expenses
total $18,548 · management and general $18,548
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $262,821 · end of year $364,599
-
10a · Land, buildings and equipment: cost or other basis
$26,211
-
10b · Land, buildings and equipment: accumulated depreciation
$12,229
-
10c · Land, buildings and equipment, net
beginning of year $15,729 · end of year $13,982
-
11 · Investments: publicly traded securities
beginning of year $117,250 · end of year $161,700
-
27 · Net assets without donor restrictions
beginning of year $395,800 · end of year $540,281
Mission and programs · 2024
Mission
TO PROMOTE THE LONG TERM GROWTH AND WELL BEING OF THE CONSTRUCTION INDUSTRY THROUGH A PROGRAM OF RESEARCH,EDUCATIONAL AND PHILANTHROPIC ACTIVITIES.
-
Sponsors several annual scholarships with various organizations, and provides funding to vocational training programs .
Expenses $156,000 · Grants $156,000
As filed on the 2024 return.
Listed in Part VII
-
Carlo A ScissuraCARLO A SCISSURA
PRESIDENT AND CEO
- Total calculated
- $450,000
- From this org
- $0
- From related orgs
- $450,000
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- not reported + $450,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $450,000 related
-
Jeannine BadalamentiJEANNINE BADALAMENTI
EXECUTIVE VICE PRESIDENT
- Total calculated
- $195,000
- From this org
- $0
- From related orgs
- $195,000
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported + $195,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $195,000 related
-
Alanna DraudtALANNA DRAUDT
VICE PRESIDENT PROGRAMMING AND FOUN
- Total calculated
- $130,000
- From this org
- $0
- From related orgs
- $130,000
- Other
- $0
- Hours/week
- 0
-
Anasa Welch-AlexanderANASA WELCH-ALEXANDER
SENIOR DIRECTOR FINANCE
- Total calculated
- $130,000
- From this org
- $0
- From related orgs
- $130,000
- Other
- $0
- Hours/week
- 0
-
Robert Chapman IIIROBERT CHAPMAN III
VICE PRESIDENT ADMINISTRATION
- Total calculated
- $130,000
- From this org
- $0
- From related orgs
- $130,000
- Other
- $0
- Hours/week
- 0
-
Kelly A HeuerKELLY A HEUER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
David W MarinoDAVID W MARINO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Elias MatarELIAS MATAR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Christopher ShawCHRISTOPHER SHAW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Dominick M ServedioDOMINICK M SERVEDIO
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Frank J SciameFRANK J SCIAME
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
John M DionisioJOHN M DIONISIO
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan D ResnickJONATHAN D RESNICK
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Milo E RiversoMILO E RIVERSO
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Richard L TomasettiRICHARD L TOMASETTI
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Cheryl McKissack DanielCHERYL MCKISSACK DANIEL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Michael K De ChiaraMICHAEL K DE CHIARA
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 0
-
Joseph R AmatoJOSEPH R AMATO
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Laura BushLAURA BUSH
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Thomas A CallahanTHOMAS A CALLAHAN
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Jeffrey R CapazziJEFFREY R CAPAZZI
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Lisa CassoneLISA CASSONE
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Kenneth ColaoKENNETH COLAO
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Patrick A DicerboPATRICK A DICERBO
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
John Dionisio JrJOHN DIONISIO JR
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Raffaela DunneRAFFAELA DUNNE
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Christian EstebanCHRISTIAN ESTEBAN
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
John FinamoreJOHN FINAMORE
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Tim FlynnTIM FLYNN
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Louis C GrassiLOUIS C GRASSI
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Eric HiraniERIC HIRANI
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Lisa LindenLISA LINDEN
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
William MandaraWILLIAM MANDARA
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Anthony MastroliaANTHONY MASTROLIA
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Doron NetanelDORON NETANEL
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan NinnisJONATHAN NINNIS
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Robert PalumboROBERT PALUMBO
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Andrew PearlANDREW PEARL
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Tricia Quan KepTRICIA QUAN KEP
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
John B RiceJOHN B RICE
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Kristen SibiliaKRISTEN SIBILIA
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Andrew SimmonsANDREW SIMMONS
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Michael SmithersMICHAEL SMITHERS
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Thomas R SpataforaTHOMAS R SPATAFORA
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Chris TerceiraCHRIS TERCEIRA
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Robert WesselsROBERT WESSELS
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Palmina WhelanPALMINA WHELAN
BD OF GOVERNORS
- Total calculated
- $0
- Hours/week
- 0
-
Elizabeth VelezELIZABETH VELEZ
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Mark GregorioMARK GREGORIO
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Suri L KasirerSURI L KASIRER
SECRETARY
- Total calculated
- $0
- Hours/week
- 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. 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
-
$50,000
-
$25,000
-
$25,000
-
$15,000
-
BOROUGH OF BROOKLYN
$5,000
-
$5,000
-
$5,000
-
$5,000
-
$5,000
-
$5,000
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.
-
501 C 6 · PROMOTE GROWTH AND SUCCESS OF NYC CONST
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 March 2025
- IRS schema version
- 2024v5.1
- Source object
- 202510929349301311
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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