2024-05-07T14:05:46-05:00 2023-06-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2022-07-01 133783906 THE MAYOR'S FUND TO ADVANCE NEW YORK CITY MAYO 2124426357 253 BROADWAY STREET 6TH FL NEW YORK NY 10007 NAJMA ALI CHERMIN INTERIM EXECUTIVE DIRECTOR 2124426357 2024-05-07 1 NAJMA ALI CHERMIN 999009999 0 DAVID A URBAN CPA P00630018 7166340700 2024-05-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NAJMA ALI CHERMIN 253 BROADWAY STREET 6TH FL NEW YORK NY 10007 10878832 0 X WWW.NYC.GOV/FUND X 1994 NY THE MAYOR'S FUND TO ADVANCE NEW YORK CITY SERVES AS THE PRIMARY VEHICLE FOR NEW YORK CITY'S BUSINESS, FOUNDATIONAL AND PHILANTHROPIC COMMUNITIES TO ENGAGE CITY GOVERNMENT, CONTRIBUTE TO PUBLIC PROGRAMS AND ENHANCE OUR CITY'S ABILITY TO SERVE ITS RESIDENTS. 4 4 16 0 0 0 19201140 10354955 0 161162 216408 362715 0 0 19417548 10878832 0 0 0 0 1469542 1365357 0 0 312566 18929820 9978614 20399362 11343971 -981814 -465139 17518316 15988724 2238907 1744331 15279409 14244393 X UNIQUELY POSITIONED TO WED THE INCOMPARABLE REACH OF GOVERNMENT WITHTHE FLEXIBILITY AND ENTREPRENEURIAL SPIRIT OF THE PRIVATE SECTOR, THEMAYOR'S FUND LEVERAGES A DEEP WELL OF CIVIC GOODWILL TO SUPPORT NEWYORKERS AND NEW YORK CITY, IN ORDER TO BUILD INNOVATIVE PUBLIC-PRIVATE PARTNERSHIPS THAT ADDRESS CRITICAL CITY NEEDS WITH THE SUPPORT OF TRADITIONAL PHILANTHROPY AND PRIVATE SECTOR CIVIC INVESTORS. 0 0 3707446 LAUNCHED IN EARLY 2023, THE ASYLUM SEEKER RELIEF FUND AIMS TO SUPPORT PUBLIC-PRIVATE PARTNERSHIP PROJECTS DESIGNED TO ADDRESS THE EMERGENCY NEEDS OF MIGRANTS. THE MAYOR'S FUND HAS RAISED $6.25M WITH ROUGHLY HALF IN FINANCIAL CONTRIBUTIONS AND THE OTHER HALF BEING IN-KIND. THE PHILANTHROPIC AND CORPORATE PARTNERS HAVE BEEN CRITICAL IN THE MAYOR'S FUND EFFORTS IN THE AREAS OF EMERGENCY NEEDS, SUCH AS CLOTHING, HYGIENE PRODUCTS AND LIFE ESSENTIALS, AS WELL AS SOCIAL SERVICE, LEGAL, WORK READINESS, AND OTHER SUPPORTIVE SERVICES. HERE ARE A FEW HIGHLIGHTS OF THE FUND'S IMPACT: 1. ESTABLISHED MINI GRANTS BENEFITTING 19 HOUSES OF WORSHIP THROUGHOUT 2023, AND TOTAL SERVED HAS SURPASSED 5,000 INDIVIDUALS. 2. PROVIDED 15 IMMEDIATE SERVICE GRANTEES WITH GRANTS UP TO THE AMOUNT $25K. THEY SERVED 26,118 CLIENTS AND COVERED 132 ZIP-CODES. 3. RECRUITED A NON-PROFIT ORGANIZATION DEDICATED TO PROVIDING BASIC VISION TESTING AND NEW EYEGLASSES TO THOSE IN UNDERSERVED COMMUNITIES PRIMARILY TO SCHOOL AGE CHILDREN IN ORDER TO HELP THEM TO SEE BETTER AND THEREBY INCREASE THEIR CHANCES OF SUCCESS IN SCHOOL. THEY SERVED AROUND 200 PARTICIPANTS WITH EYEGLASSES AND VISION TESTS 1046963 NYC OFFICE OF TALENT: THE MAYOR'S FUND, IN PARTNERSHIP WITH THE DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT, SECURED A $1.5 MILLION GRANT THAT WILL EXPAND THE IMPLEMENTATION OF TWO STEM-RELATED INITIATIVES OVER THE NEXT 3 YEARS, EXPLORING FUTURES AND COLLEGE NOW FOR CAREERS, SERVING MIDDLE AND HIGH SCHOOL STUDENTS. 664000 THE TWIN PARKS FIRE, ON 1/9/22 IN THE BRONX, IMPACTED 158 HOUSEHOLDS. THE MAYOR'S FUND RAISED $4.4 MILLION TO SUPPORT VICTIMS, AND CONTRACTED WITH BRONXWORKS TO PROVIDE CASE MANAGEMENT SERVICES ($1M) AND DISTRIBUTE $3M IN CASH ASSISTANCE. THE REMAINING FUNDS ARE BEING USED TO SUPPORT OTHER EMERGENCY NEEDS. 5166445 161162 THE MAYOR'S FUND, IN PARTNERSHIP WITH THE DEPARTMENT OF CONSUMER AFFAIRS OFFICE OF FINANCIAL EMPOWERMENT, AND THE MAYOR'S OFFICE FOR PEOPLE WITH DISABILITIES SECURED $50,000 FROM THE TAFT FOUNDATION FOR EMPOWERED NYC TO EXTEND FINANCIAL COUNSELING SERVICES TO NEW YORKERS WITH DISABILITIES. THE NEW YORK CITY SOCCER INITIATIVE (NYCSI), A MAYOR'S FUND PARTNERSHIP WITH ADIDAS, NYC FOOTBALL CLUB, U.S. SOCCER FOUNDATION, AND ETIHAD AIRWAYS, TO PROMOTE PHYSICAL HEALTH, YOUTH DEVELOPMENT, AND COMMUNITY ENGAGEMENT THROUGH SOCCER, COMPLETED ITS FIFTH YEAR. IN 2022, NYCSI HOSTED ITS FIRST COMMUNITY CUP, A CELEBRATORY 5V5 TOURNAMENT ON THE 50 NYCSI-CONSTRUCTED BLUE MINI-PITCHES WITH YOUNG PEOPLE IN ALL FIVE BOROUGHS.THE MAYOR'S FUND LAUNCHED MORE THAN A ROOF, WHICH PROVIDED FUNDING FOR THE FOLLOWING PROGRAMS: - IN PARTNERSHIP WITH THE NYC HUMAN RESOURCES ADMINISTRATION, THE MAYOR'S FUND PROVIDED 460 TARGET GIFT CARDS TO NYC HRA'S OFFICE OF DOMESTIC VIOLENCE CLIENTS, TRANSITIONING IN AND OUT OF SHELTER, FOR EVERYDAY ESSENTIALS LIKE CLOTHING, TOILETRIES AND SELF-CARE PRODUCTS TO HOUSEHOLD SUPPLIES, EDUCATIONAL MATERIALS, AND TECHNOLOGY. - IN PARTNERSHIP WITH THE UNITY PROJECT, THE MAYOR'S FUND WORKED WITH AN LGBTQ+ SERVING VENDOR TO PROVIDE DIRECT CASH ASSISTANCE TO 80 VULNERABLE NEW YORKERS HARDEST HIT BY THE COVID-RELATED ECONOMIC CRISIS. - IN PARTNERSHIP WITH THE MAYOR'S OFFICE OF CRIMINAL JUSTICE, THE MAYOR'S FUND GRANTED FUNDING TO A NONPROFIT WORKING TO ENHANCE WORKFORCE DEVELOPMENT AND LIFE SKILLS PROGRAMMING THAT SUPPORT SUCCESSFUL REENTRY FOR WOMEN, INCLUDING AN IN-HOUSE ENTREPRENEURSHIP TRAINING, A TECHNOLOGY LITERACY CURRICULUM, AND CAREER MENTORSHIP. DURING THE YEAR ENDED JUNE 30, 2023, THE FUND'S TOTAL NET POSITION DECREASED BY $2,727,347, OR 15%, FROM THE PREVIOUS YEAR DUE TO THE FOLLOWING CHANGES IN REVENUE AND EXPENSES: DURING THE YEAR ENDED JUNE 30, 2023, TOTAL CONTRIBUTIONS AND GRANTS WERE $9,625,967, A DECREASE OF $9,168,580, OR 49%, FROM THE YEAR ENDED JUNE 30, 2022. DURING THE YEAR ENDED JUNE 30, 2023, TOTAL EXPENSES WERE $11,646,038, A DECREASE OF $9,194,856, OR 44%, FROM THE PREVIOUS YEAR. 224000 THE CONNECTIONS TO CARE (C2C) PROGRAM, IMPLEMENTED 2016 TO 2021, INTEGRATED MENTAL HEALTH SUPPORT AT COMMUNITY-BASED ORGANIZATIONS (CBOS) SERVING LOW-INCOME AND AT-RISK POPULATIONS. IN FY22 CBO PARTNERS IDENTIFIED STRATEGIES TO SPREAD AND REPLICATE THE LESSONS OF C2C AND SUSTAIN THE MENTAL HEALTH INTEGRATION MODEL. 5390445 161162 10808854 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X NAJMA ALI CHERMIN 2124426357 253 BROADWAY 6TH FL NEW YORK NY 10007 SHEENA WRIGHT CHAIR 1.00 X X 0 0 0 BILL HEINZEN VICE CHAIR 1.00 X X 0 0 0 DAWN PINNOCK COMMISSIONER 1.00 X 0 0 0 LORRAINE CORTEZ COMMISSIONER 1.00 X 0 0 0 MARCELLA J TILLETT CEO 40.00 X 53750 0 6000 DANIELE L BAIERLEIN CEO (FORMER) 40.00 X 127411 0 12000 JILL MPRICE CFO 40.00 X 112638 0 34000 293799 0 52000 2 0 0 0 NYC DEPARTMENT OF YOUTH AND COMMUNITY DE 123 WILLIAM STREET 18TH FLOOR NEW YORK NY 10038 YOUTH AND COMMUNITY DEVELOPMENT PROGRAMS 1380805 BRONX WORKS INC 60 EAST TREMONT AVENUE BRONX NY 10453 HUMAN SERVICES 693125 MAKE THE ROAD NEW YORK 301 GROVE ST BROOKLYN NY 11237 IMMIGRANT SERVICES 544255 REDSTONE STRATEGY GROUP 3223 ARAPAHOE AVE BOULDER CO 80303 CONSULTING 430914 EXPANDED SCHOOLS 11 WEST 42ND ST NY NY 10036 EDUCATIONAL SERVICES 372962 5 1811493 8543462 2758696 10354955 HOST SITE REIMBUREMSENT 624200 161162 161162 161162 362715 362715 10878832 161162 0 362715 293799 197022 32363 64414 677094 454058 74585 148451 12576 8402 1396 2778 307532 205454 34136 67942 74356 49675 8253 16428 69270 55416 13854 575 295 156 124 35232 35232 756 388 209 159 32364 16617 8927 6820 12816 6580 3535 2701 6684 3432 1844 1408 452 232 125 95 18007 11705 6302 PROGRAM EXPENSES 9796539 9796539 BANK FEES 1612 826 446 340 MERCHANT 1156 594 319 243 PAYROLL PROCESSING 942 484 260 198 2209 1135 609 465 11343971 10808854 222551 312566 X 5184229 3952787 1187887 1317443 5415 11140785 10718494 17518316 15988724 2238907 1744331 2238907 1744331 X 0 0 0 0 15279409 14244393 15279409 14244393 17518316 15988724 -465139 -421752 -148125 0 X X 0 1 X 1 1 1 X 29415872 77751819 18239598 19201140 10023900 154632329 29415872 77751819 18239598 19201140 10023900 154632329 154632329 269521 254644 371882 216408 362715 1475170 156107499 0.99060 0.99240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 10759147 -421752 302067 -119685 10878832 0 10878832 11646038 302067 302067 11343971 0 11343971 PART X, LINE 2: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FUND HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FUND PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FUND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FUND ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. X X X 0 0 0 0 0 0 0 0 0 X 2758696 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ALL DIRECTORS OF THE CORPORATION SHALL BE APPOINTED ANNUALLY BY THE MAYOR OF THE CITY OF NEW YORK. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE FOLLOWING OUR EXECUTIVE DIRECTOR, ACCOUNTANT, AND TREASURER. ALL BOARD MEMBERS ARE ALSO PROVIDED THE FORM 990 PRIOR TO SUBMISSION FOR QUESTIONS OR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE BY-LAWS REQUIRE BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. THE ORGANIZATION HAS IMPLEMENTED A POLICY OF ANNUALLY DISTRIBUTING THE CONFLICT OF INTEREST QUESTIONNAIRE. THE BOARD SECRETARY REVIEWS THE SIGNED STATEMENTS AND BRINGS ANY POTENTIAL OR ACTUAL CONFLICTS TO THE BOARD'S ATTENTION TO BE DEALT WITH ACCORDINGLY. NO INDIVIDUAL WITH A CONFLICT OF INTEREST MAY PARTICIPATE IN THE DELIBERATIONS OR VOTE ON ANY MATTER RELATING TO SUCH INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PERFORMANCE REVIEWS ARE COMPLETED FOR KEY EMPLOYEES AND THE EXECUTIVE DIRECTOR, COMPENSATION TO THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS BASED ON ANNUAL PERFORMANCE REVIEWS AND COMPARISON TO FORMS 990 OF OTHER SIMILAR NON-PROFITS. THE BOARD CHAIR AND GOVERNANCE COMMITTEE APPROVE ANY SALARY ADJUSTMENTS FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THESE DOCUMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. STATEMENT OF FUNCTIONAL EXPENSES - LINE 24A - PROGRAM EXPENSES: ASSYLUM SEEKERS 3,332,446 BROUX FIRE 22 664,000 BUILDING HEALTHY COMMUNITIES 62,600 CENTER FOR ECONOMIC OPPURTUNITY 177,408 CHILDCARE 183,109 CENTER FOR INNOVATION THRU DATA INTEELIGENCE 40,135 CONNECTIONS TO CARE 224,000 DEMOCRATIC NATIONAL COMMITTEE 17,500 DEPARTMENT OF CONSUMER AFFAIRS 21,542 DEPARTMENT OF CULTURAL AFFAIRS 68,760 DEPARTMENT OF EDUCATION 5,950 DEPARTMENT OF ENVIRONMENTAL PROTECTION 11,668 DEPARTMENT OF HOUSING PRES AND DEV 3,653 DEPARTMENT OF PARKS AND RECREATION 2,483 DEPARTMENT OF TRANSPORTATION 12,742 DEPARTMENT OF YOUTH&COMM DEV 690,403 FOOD POLICY 688,984 GUN VIOLENCE TASK FORCE 3,141 HEALTH AND HOSPITALS 429,419 MAYORS OFFICE OF CHIEF TECH 34,500 MAYORS OFFICE OF INTERNATIONAL AFFAIRS 5,794 MINORITY & WOMEN OWNED BUSINESS 147,330 NYC SERVICE 667,500 NYC SOCCER INITIATIVE 107,181 NYC SPEAKS 85,625 OFFICE FOR PEOPLE WITH DISABILITIES 150,282 OFFICE OF CLIMATE & ENVIRONMENTAL JUSTICE 27,920 OFFICE OF IMMIGRANT AFFAIRS 44,337 OFFICE OF SPEC PROJECTS & COMM EVENTS 451,262 OFFICE OF SPORTS WELLNESS &RECREATION 2,678 OFFICE OF VETERANS AFFAIRS 28,810 PUBLIC DESIGN COMMISSION 15,205 RELIEF EFFORTS 156,000 SECRET SNOWFLAKE 7,043 UNIVERSAL BASIC INCOME 133,500 CENTER FOR YOUTH EMPLOYMENT 1,046,963 FORM 990, PART XII, LINE 2C: NO CHANGE IN AUDIT OVERSIGHT OR SELECTION PROCESS IN THE CURRENT YEAR.