Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $7,643,322 · related or exempt $7,643,322

• 3 · Investment income

  total $3,647,916 · excluded $3,647,916

• 7a · Gross sales of assets other than inventory

  securities $94,499,982

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

  securities $82,542,332

• 7c · Gain or loss

  securities $11,957,650

• 7d · Net gain or loss

  total $11,957,650 · excluded $11,957,650

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,272,006

• 6 · Compensation of disqualified persons

  total $55,694

• 7 · Other salaries and wages

  total $1,271,703

• 9 · Other employee benefits

  total $749,255

• 11b · Fees: legal

  total $686,185

• 11c · Fees: accounting

  total $18,465

• 11d · Fees: lobbying

  total $1,535,618

• 11f · Fees: investment management

  total $2,196,259

• 11g · Fees: other

  total $805,728

• 12 · Advertising and promotion

  total $570,000

• 13 · Office expenses

  total $56,789

• 16 · Occupancy

  total $2,700

• 17 · Travel

  total $63,825

• 19 · Conferences, conventions and meetings

  total $1,011,298

• 23 · Insurance

  total $22,535

• 24a · Other expenses: BAD DEBT EXPENSE

  total $336,515

• 24b · Other expenses: 4960 EXCISE TAXES

  total $292,292

• 24c · Other expenses: MEMBERSHIP FEES

  total $64,476

• 24d · Other expenses: OTHER EXPENSE

  total $295

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $12,750,161 · end of year $10,362,311

• 4 · Accounts receivable

  beginning of year $31,400 · end of year $200,583

• 9 · Prepaid expenses and deferred charges

  beginning of year $25,569 · end of year $79,147

• 11 · Investments: publicly traded securities

  beginning of year $49,112,952 · end of year $194,598,239

• 12 · Investments: other securities

  beginning of year $176,976,882 · end of year $61,945,138

• 15 · Other assets

  beginning of year $300,677 · end of year $290,281

• 17 · Accounts payable and accrued expenses

  beginning of year $331,432 · end of year $422,164

• 19 · Deferred revenue

  beginning of year $67,617 · end of year $87,963

• 25 · Other liabilities

  beginning of year $422,465 · end of year $410,947

• 27 · Net assets without donor restrictions

  beginning of year $238,376,127 · end of year $266,554,625

The filer's explanations (Part III)

PART I, LINE 1A

OFFICERS, TRAVELING FREQUENTLY FOR COMPANY BUSINESS, ARE PERMITTED TO USE COMMERCIAL FIRST CLASS TRAVEL AND ON OCCASION, PRIVATE PLANES ARE USED TO DEAL WITH DIFFICULTIES OF LOGISTIC TRAVEL. ALL SUCH TRAVEL IS CONSIDERED A BUSINESS EXPENSE AND THEREFORE NOT REPORTED ON FORM W-2. THESE EXPENSES ARE PAID BY THE COMPANY'S BUSINESS CREDIT CARD. ADDITIONALLY, ON OCCASION, THE PRESIDENT'S SPOUSE MAY ACCOMPANY HIM ON BUSINESS TRIPS. RELEVANT AMOUNTS ARE REPORTED AS TAXABLE INCOME TO THE PRESIDENT. TWO OFFICERS HAVE A CAR AND DRIVER AT THEIR DISPOSAL. THE OFFICERS PAY TAXES ON THE IMPUTED VALUE OF THEIR PERSONAL USE.

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN COMPENSATION REPORTED IN BOTH FORM 990, PART VII AND SCHEDULE J IS PAID BY A RELATED FOR-PROFIT ORGANIZATION, GNYHA MANAGEMENT CORPORATION. THE FOLLOWING INDIVIDUALS PARTICIPATED IN ONE OR MORE SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENTS THROUGH GNYHA MANAGEMENT CORPORATION. CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS PART OF DEFERRED COMPENSATION OR SCHEDULE J, PART II, COLUMN (B)(III) WHEN AMOUNTS ARE CONTRIBUTED AND VESTED IN THE SAME CALENDAR YEAR: KENNETH E. RASKE - $33,864 LEE H. PERLMAN - $11,475 ELISABETH WYNN - $130,971 DAVID C. RICH - $12,456 LAURA ALFREDO - $87,431 KAREN S. HELLER - $8,460 JONATHAN COOPER - $64,435 SUSAN C. WALTMAN - $12,977 ADDITIONALLY, DAVID RICH AND KAREN HELLER RECEIVED A DISTRIBUTION IN THE AMOUNT OF $1,867,604 AND $856,073 FROM THE PLAN THAT WAS DEFERRED ON A PREVIOUSLY FILED FORM 990 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AS TAXABLE WAGES IN THE CURRENT YEAR.

PART II:

SALARY AND BENEFIT AMOUNTS ARE PAID BY A RELATED ORGANIZATION, GNYHA MANAGEMENT CORPORATION. A PORTION IS ALLOCATED TO THE ASSOCIATION BASED ON THE SERVICES RENDERED. FOR THE YEAR ENDED 12/31/2024, THE ALLOCATED AMOUNT OF SALARY AND FRINGE BENEFITS IS AS FOLLOWS: KENNETH E. RASKE - $674,761 SALARY AND $13,152 FRINGE BENEFITS LEE H. PERLMAN - $875,000 SALARY AND $23,835 FRINGE BENEFITS ELISABETH WYNN - $368,456 SALARY AND $8,130 FRINGE BENEFITS LAURA ALFREDO - $180,720 SALARY AND $7,953 FRINGE BENEFITS JONATHAN COOPER - $160,608 SALARY AND $18,385 FRINGE BENEFITS CHATODD FLOYD - $225,120 SALARY AND $6,467 FRINGE BENEFITS SUSAN C. WALTMAN - $50,320 SALARY AND $5,374 FRINGE BENEFITS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GNYHA MANAGEMENT CORP

  C · ADMINISTRATION · NY · 100% owned · share of income $23,317,910 · share of assets $272,976,283 · controlled entity

  Directly controlled by GNYHA

• GNYHA VENTURES INC

  C · HEALTH CARE · NY · 100% owned · share of assets $62,407 · controlled entity

  Directly controlled by GNYHA MGMT CORP

• GNYHA AC INC

  C · HEALTH CARE · NY · 100% owned · share of income $26,183,865 · share of assets $61,423 · controlled entity

  Directly controlled by GNYHA VENTURES

• GNYHA NX INC

  C · HEALTH CARE · NY · 100% owned · share of income $3,236,208 · controlled entity

  Directly controlled by GNYHA VENTURES