2024-10-02T13:36:58-05:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 135562220 FEDERATION OF PROTESTANT WELFARE AGENCIES INC FEDE 2127774800 40 BROAD STREET NEW YORK NY 10004 JENNIFER JONES AUSTIN C.E.O./EXC DIR 2127774800 2024-11-15 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-09-26 2023 2024-10-15 13:58:12Z JENNIFER JONES AUSTIN 40 BROAD STREET NEW YORK NY 10004 23423234 0 X WWW.FPWA.ORG X 1922 NY FPWA DISMANTLES THE STRUCTURAL AND SYSTEMIC BARRIERS THAT IMPEDE ECONOMIC SECURITY AND WELL-BEING AND STRENGHTENS THE CAPACITY OF HUMAN SERVICES AGENCIES AND FAITH ORGANIZATIONS SO NEW YORKERS WITH LOWER INCOME CAN THRIVE. 12 12 40 12 0 0 5841738 2636644 192501 218287 3021002 2380706 -32739 501 9022502 5236138 4371824 1349984 0 0 4153830 4638019 0 0 581454 2500385 2409213 11026039 8397216 -2003537 -3161078 75377040 78587865 11396700 10754879 63980340 67832986 FPWA DISMANTLES THE STRUCTURAL AND SYSTEMIC BARRIERS THAT IMPEDE ECONOMIC SECURITY AND WELL-BEING, AND STRENGTHENS THE CAPACITY OF HUMAN SERVICES AGENCIES AND FAITH ORGANIZATIONS SO NEW YORKERS WITH LOWER INCOME CAN THRIVE. 0 0 3057270 1319984 218788 PROGRAMSNONPROFITS AND FAITH INSTITUTIONS ARE OFTEN THE FIRST LINE OF DEFENSE IN COMBATTING POVERTY BY PROVIDING CRITICAL SERVICES TO OUR HARDEST-TO-REACH RESIDENTS. OUR NETWORK OF HUMAN SERVICE ORGANIZATIONS AND FAITH INSTITUTIONS OPERATE OVER 1,200 PROGRAMS IN NEIGHBORHOODS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND. FPWA PROVIDES A RANGE OF GRANTS AND WORKS TO STRENGTHEN THE CAPACITY OF HUMAN SERVICE AGENCIES AND FAITH INSTITUTIONS THROUGH WORKSHOPS AND TRAININGS IN LEADERSHIP DEVELOPMENT, ORGANIZATIONAL MANAGEMENT, AND CIVIC ENGAGEMENT. FPWA EDUCATES LEADERS AND DECISION MAKERS SO THAT THE NEEDS OF OUR NETWORK ARE HEARD IN THE LEGISLATIVE PROCESS AND ADVOCATES ON BEHALF OF OUR AGENCIES AND COMMUNITIES THEY SERVE. 2915209 30000 POLICY, ADVOCACY, RESEARCHFPWA'S WORK ADDRESSES THE NEEDS OF NEW YORKERS WITH LOWER INCOMES, ENSURING THAT THERE ARE INCREASING OPPORTUNITIES FOR ECONOMIC SECURITY AND MOBILITY AND ADVOCATES FOR TARGETED INVESTMENTS IN POLICIES THAT CAN MEANINGFULLY DISMANTLE THE SYSTEMIC AND STRUCTURAL BARRIERS THAT MAINTAIN ECONOMIC DEPRIVATION. 5972479 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 46 0 1 40 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CO CT FL NJ NY PA RI SC X FRANK DIMAIUTA - CFO 2128011342 40 BROAD STREET NEW YORK NY 10004 ANTONIA YUILLE-WILLIAMS CHAIR 1.00 X X 0 0 0 BISHOP MITCHELL G TAYLOR BOARD MEMBER 1.00 X 0 0 0 DEREK FERGUSON BOARD MEMBER 1.00 X 0 0 0 DR TERRANCE STRADFORD BOARD MEMBER 1.00 X 0 0 0 JACOB DEVRIES BOARD MEMBER 1.00 X 0 0 0 JOHN CIRAULO SECRETARY 1.00 X X 0 0 0 KERRY MCCARTHY BOARD MEMBER 1.00 X 0 0 0 MARION PHILLIPS III BOARD MEMBER 1.00 X 0 0 0 MITCHELL LEE BOARD MEMBER 1.00 X 0 0 0 REV DR EMMA JORDAN-SIMPSON 1ST VICE CHAIR 1.00 X X 0 0 0 STEPHEN J STOREN TREASURER 1.00 X X 0 0 0 WENDY VAN AMSON BOARD MEMBER 1.00 X 0 0 0 ALEXANDROS HATZAKIS ASSOCIATE EXECUTIVE DIRECTOR 35.00 X 268526 0 33619 FRANK DIMAIUTA CHIEF FINANCIAL OFFICER 35.00 X 246850 0 80886 JENNIFER JONES AUSTIN CEO & EXECUTIVE DIRECTOR 35.00 X 421234 0 49282 JOSEPH JONES DIR. POLICY, ADVOCACY & RESEARCH 35.00 X 117012 0 52305 RAYSA SEGURA-RODRIGUEZ CHIEF PROGRAM & POLICY OFF 35.00 X 230296 0 78716 SARAH ELLIOT DIR. INSTITUTIONAL GIVING 35.00 X 101147 0 36244 TIFFANY O'NEAL SR. ADVISOR & DIR. SPECIAL INITIATIVES 35.00 X 107671 0 33869 1492736 0 364921 7 0 1 0 THE MIRRAM GROUP 5030 BROADWAY SUITE 801 NEW YORK NY 10034 LOBBYING CONSULTANT 130000 1 1384176 1252468 2636644 CONFERENCE CENTER FEES 900099 110344 110344 MEMBERSHIP FEES 900099 74641 74641 GPS REBATES 900099 33302 33302 218287 1944056 1944056 18623746 18187096 436650 436650 436650 SUNDRY INCOME 900099 501 501 501 5236138 218788 0 2380706 140371 140371 1209613 1209613 1104666 639901 403599 61166 2524974 1747740 580566 196668 224677 170341 35259 19077 502476 376446 82844 43186 281226 197757 61897 21572 81228 57119 17878 6231 121172 121172 208458 208458 340859 203726 101692 35441 109500 77000 24101 8399 188598 132621 41510 14467 17706 12451 3897 1358 192966 135693 42471 14802 36965 25993 8136 2836 77322 54373 17018 5931 457664 321827 100731 35106 377984 265794 83195 28995 112000 78758 24651 8591 MISC. EXPENSES 79693 33 2032 77628 MEMBERSHIP DUES - ORGS 7098 3750 3348 8397216 5972479 1843283 581454 1334955 443790 744912 710814 64333 284831 104648 257956 76278 66262 12785683 4635556 8565831 8150127 36457625 37334996 13338862 14640262 14689596 16698827 75377040 78587865 965265 645261 9328535 8970418 1102900 1139200 11396700 10754879 X 43119526 44273814 20860814 23559172 63980340 67832986 75377040 78587865 X -3161078 4856993 2156731 X X 0 1 X 1 1 1 X 2800033 3564458 3478075 5841738 2636644 18320948 2800033 3564458 3478075 5841738 2636644 18320948 671718 17649230 436618 415372 1013209 945333 1944056 4754588 14630 24355 49091 501 88577 23164113 967175 0.76190 0.79450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2019 AMOUNT: $ 2,280. 2022 AMOUNT: $ 45,000. SUNDRY INCOME - 2019 AMOUNT: $ 12,350. 2021 AMOUNT: $ 24,355. 2022 AMOUNT: $ 4,091. 2023 AMOUNT: $ 501. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121172 121172 8276044 8397216 569861 142465 0 0 495115 527270 701302 569861 2293548 3440322 67794 63540 62289 121172 314795 123779 131818 175326 142465 573388 860082 5706 2798 1171 9675 8338996 6589671 3475000 208458 11245209 17236333 -6368552 -2323748 205038 8338996 10185788 7591097 358106 182446 17236333 20242858 -9502922 358106 196042 10185788 18165272 2686900 358106 251208 20242858 0.52060 0.47940 1 0 11031070 3119995 7911075 1754613 1515561 239052 8150127 ALTERNATIVE INVESTMENTS 14640262 F 14640262 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 16698827 16698827 ACCRUED POSTRETIREMENT PAYABLE 1139200 1139200 X 9852533 4856993 -32140 4824853 5027680 208458 208458 5236138 8156618 0 8156618 208458 32140 240598 8397216 PART V, LINE 4: ENDOWMENT NET ASSETS CONSIST OF PERMANENTLY RESTRICTED, BOARD DESIGNATED, AND TEMPORARILY RESTRICTED FUNDS. THE PERMANENTLY RESTRICTED NET ASSETS ARE FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND. THE EARNINGS FROM THE PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND THE FEDERATION'S PROGRAM ACTIVITIES. PART X, LINE 2: FIN 48 DISCLOSURE: FPWA BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER DIRECT EXPENSE -32,140. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER DIRECT EXPENSE 32,140. 1 CHINESE AMERICAN PLANNING COUNCIL ATTN WAYNE HO 150 ELIZABETH STREET NEW YORK NY 10012 136202692 501(C)(3) 10000 0 GRANT AWARD FOR 'ENDING THE EPIDEMIC' FY 23-24 RECIPIENT THE ALLIANCE FOR POSITIVE CHANGE 64 W 35TH ST 3RD FL NEW YORK NY 10001 133562071 501(C)(3) 10000 0 GRANT AWARD FOR 'ENDING THE EPIDEMIC' FY 23-24 RECIPIENT UNITED COMMUNITY CENTERS ATTN ANA AGUIRRE 613 NEW LOTS AVE BROOKLYN NY 11207 111950787 501(C)(3) 10000 0 GRANT AWARD FOR 'ENDING THE EPIDEMIC' FY 23-24 RECIPIENT UW INVOICE RECEIVABLES UNIVERSITY OF WASHINGTON 1410 NE CAMPUS PARKWAY SCHMITZ HALL RM 129 SEATTLE WA 98195 916001537 501(C)(3) 50221 0 THREE BRIEFS ON THE STATE OF NEED -TCL JUN-DEC'23 #06-8341 4 DEKAY SENIOR GRANTS 20 146908 TOY GRANTS 60 60150 SCHOLARSHIPS 20 50000 ENDING THE EPIDEMIC GRANTS 3 30000 TRUE COST OF LIVING 1 50221 CHURCH FOOD 30 1012705 PART I, LINE 2: FPWA'S COMMITMENT TO FULFILLING THE PROMISE OF OPPORTUNITY IS EXEMPLIFIED THROUGH OUR WORK THAT PRESERVES SUPPORT FOR A SAFETY NET THAT ENSURES INDIVIDUALS HAVE THE MEANS TO CARE FOR THEMSELVES AND THEIR FAMILIES. WE HELP OUR MEMBER AGENCIES BY PROVIDING THEM WITH GRANTS, VOLUNTEERS AND NEW MERCHANDISE FOR DISTRIBUTION TO THEIR CLIENTS. WE PROVIDE FINANCIAL ASSISTANCE GRANTS TO INDIVIDUALS FACING EMERGENCY SITUATIONS LIKE EVICTION AND HOMELESSNESS. FPWA MONITORS EACH GRANT TO ENSURE GRANTEES ARE MEETING AGREED UPON DELIVERABLES, WITH INTERIM REPORTS, ON SITE MEETINGS WITH GRANTEES AND FINAL REPORT REQUIRED FOR EACH GRANTEE. X X X 0 0 0 0 0 0 0 1 0 JENNIFER JONES AUSTIN CEO & EXECUTIVE DIRECTOR 367673 0 50000 0 3561 0 45650 0 3632 0 470516 0 0 0 FRANK DIMAIUTA CHIEF FINANCIAL OFFICER 209832 0 35000 0 2018 0 29767 0 51119 0 327736 0 0 0 RAYSA SEGURA-RODRIGUEZ CHIEF PROGRAM & POLICY OFF 207592 0 22000 0 704 0 25357 0 53359 0 309012 0 0 0 ALEXANDROS HATZAKIS ASSOCIATE EXECUTIVE DIRECTOR 218092 0 50000 0 434 0 25961 0 7658 0 302145 0 0 0 JOSEPH JONES DIR. POLICY, ADVOCACY & RESEARCH 112800 0 4000 0 212 0 12954 0 39351 0 169317 0 0 0 PART I, LINE 7 THE CEO'S BONUS WAS APPROVED BY THE HUMAN RESOURSE COMMITTEE. FROM TIME TO TIME, FPWA PROVIDES A YEAR-END LUMP-SUM PAYMENT AS A MECHANISM TO EFFECTIVELY MOTIVATE AND RETAIN VALUED EMPLOYEES TO RECOGNIZE ACHIEVEMENT. THIS YEAR-END PAYMENT IS NOT INTENDED TO REPLACE INFORMAL AND SPONTANEOUS RECOGNITION OR PRAISE OF STAFF ACHIEVEMENTS AND WORK PERFORMANCE. INFORMAL RECOGNITION OF EMPLOYEES SHOULD TAKE PLACE EVERY DAY. SAYING "THANK YOU" TO EMPLOYEES AND COMPLIMENTING AN EMPLOYEE ON A JOB WELL DONE ARE PART OF MANAGERS AND SUPERVISORS' RESPONSIBILITIES. YEAR-END PAYMENT GUIDELINES: BASED UPON BUDGET AVAILABILITY AND RESOURCES NECESSARY, A YEAR-END PAYMENT POOL IS ESTABLISHED FOR THE ORGANIZATION BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. THIS YEAR-END POOL IS REVIEWED AND AFFIRMED GENERALLY BY THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD. YEAR-END PAYMENT AMOUNTS ARE DETERMINED AND DISTRIBUTED ON THE BASIS OF THE NATURE AND COMPLEXITY OF THE ACCOMPLISHMENTS AND WORK STAFF AND STRATIFIED BY STAFF LEVEL; EXECUTIVE, DIRECTOR AND MANAGERIAL, STAFF AND TEMPORARIES/INTERNS RESPECTIVELY. UNDER SPECIAL CIRCUMSTANCES, WITH THE CHIEF EXECUTIVE OFFICER'S APPROVAL, A HIGHER YEAR-END MAY BE APPROVED FOR A PARTICULAR STAFF PERSON. A SCHEDULE IS PREPARED, BASED ON THE ABOVE CRITERIA, TO DETERMINE THE DISTRIBUTION OF THE YEAR-END PAYMENT POOL DETERMINED FOR THE YEAR. APPROVALS AND PAYMENTS: THE SCHEDULE IS PREPARED BY THE CHIEF FINANCIAL OFFICER AND IS REVIEWED AND APPROVED BY THE CHIEF EXECUTIVE OFFICER WITH INPUT AND FEEDBACK AS NECESSARY FROM OTHER SENIOR LEADERSHIP INCLUDING THE CHIEF OPERATING OFFICER, CHIEF DEVELOPMENT & COMMUNICATIONS OFFICER AND CHIEF PROGRAM & POLICY OFFICER. AFTER THE SCHEDULE IS FINALIZED AND ON-FILE, YEAR-END PAYMENTS ARE INITIATED AS A SEPARATE PAY-CYCLE FOLLOWING ALL OTHER STANDARD PROCEDURE FOR CREATING AND EXECUTING A PAYROLL CYCLE. A BUILD NYC RESOURCE CORPORATION 454040561 12008EEN2 2014-11-12 12345000 REFINANCING 0 1 0 A 12345000 547120 11797880 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON INFORMATION CONTAINED IN THE AUDITED FINANCIAL STATEMENTS AND OTHER INFORMATION PROVIDED BY FEDERATION'S CHIEF FINANCIAL OFFICER. TO ENSURE ACCURACY OF THE INFORMATION REPORTED, THE ORGANIZATION HAS ESTABLISHED A REVIEW PROCESS THAT INCLUDES AN INITIAL REVIEW BY MANAGEMENT, FOLLOWED BY A REVIEW BY A BOARD COMMITTEE INCLUDING THE TREASURER. FOLLOWING THE COMMITTEE'S REVIEW, THE FULL BOARD IS PROVIDED WITH AN ELECTRONIC COPY OR A HARD COPY (FOR THOSE BOARD MEMBERS WITHOUT ELECTRONIC ACCESS), FOR THEIR REVIEW AND COMMENTS. FIVE WORKING DAYS ARE PROVIDED FOR BOARD COMMENTS. COMMENTS ARE CORRELATED, SUMMARIZED AND ADDRESSED BY MANAGEMENT, AND WHERE APPROPRIATE, INCORPORATED INTO THE FINALIZED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS CURRENTLY IN PLACE AND IS MONITORED ANNUALLY. EACH YEAR EVERY MEMBER OF THE GOVERNING BODY COMPLETES AND SIGNS A CONFLICT OF INTEREST STATEMENT IN WHICH THEY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE ORGANIZATION. IF SUCH CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER MAY NOT VOTE ON MATTERS AS TO WHICH THERE IS A CONFLICT, AND MAY BE REQUIRED TO LEAVE THAT PORTION OF A MEETING THAT CONSIDERS THE MATTER AS TO WHICH THERE IS A CONFLICT. CONFLICTS OF INTEREST ARE DULY NOTED IN ALL NECESSARY REPORTING REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS, NAMELY THE HUMAN RESOURCES COMMITTEE, IS CHARGED WITH THE REVIEW OF THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND ANY SUBSEQUENT RECOMMENDATIONS TO THE BOARD OF DIRECTORS CONCERNING THE ANNUAL COMPENSATION PACKAGE AND ANY YEAR-END PAYMENTS OR BONUSES FOR THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR. THE COMMITTEE CONDUCTS ITS REVIEW AND PRESENTS ITS RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AT ITS NOVEMBER MEETING AND TO THE FULL BOARD OF DIRECTORS AT ITS DECEMBER MEETING. THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR MAY NOT BE PRESENT AT OR OTHERWISE PARTICIPATE IN ANY BOARD OR COMMITTED DELIBERATION OR VOTE CONCERNING HIS OR HER COMPENSATION. THE BOARD OR PERTINENT COMMITTEE MAY REQUEST THAT THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR TO PRESENT INFORMATION AS BACKGROUND OR ANSWER QUESTIONS AT A BOARD OR PERTINENT COMMITTEE MEETING PRIOR TO THE COMMENCEMENT OF RELATED DELIBERATIONS OR VOTING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2,009,231. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST 200,900. NET PERIOD PENSION COST -53,400. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.