2025-10-29T11:44:24-04:00 2024-12-31 263719436 LAMBRIDES ARNOLD MOULTHROP LLP 26 PARK ST STE 301 MONTCLAIR NJ 070423443 990 2024-01-01 133170824 NEW YORK FELLOWSHIP INC NEWY 2129799690 311 AMSTERDAM AVENUE SUITE PH-A NEW YORK NY 10023 HEATHER GRIZZLE TREASURER 2129799690 2025-10-29 true false JOHN M BORGES P01322495 9737448660 2025-10-29 2024 2025-03-06 01:10:19Z X SHEILA WEBER 10913 BRUNEAU TRAIL AUSTIN TX 78754 2008053 false X NEWYORKFELLOWSHIP.ORG X 1983 NY INTERDENOMINATIONAL CHRISTIAN MINISTRY REACHING MEN, WOMEN, AND YOUTH WITH THE GOSPEL MESSAGE OF JESUS CHRIST; PROVIDING SPIRITUAL AND MATERIAL NEEDS IN THE METROPOLITAN NY AREA, NATIONAL AND INTERNATIONAL COMMUNITIES. 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THE SALE WAS CONDUCTED AT ARM'S LENGTH TO AN UNRELATED THIRD PARTY. THE DECISION TO SELL WAS BASED ON THE ORGANIZATION'S ASSESSMENT THAT THE PROPERTY WAS NO LONGER ESSENTIAL TO ITS CHARITABLE MISSION AND THAT REINVESTMENT OF THE PROCEEDS WOULD BETTER SUPPORT ONGOING PROGRAM AND ADMINISTRATIVE NEEDS. THE FULL PROCEEDS FROM THE SALE WERE REINVESTED IN CERTIFICATES OF DEPOSIT IN THE ORGANIZATION'S NAME. NO FUNDS WERE DISTRIBUTED TO ANY INDIVIDUALS OR OUTSIDE ENTITIES, AND THE ORGANIZATION CONTINUES ITS REGULAR CHARITABLE OPERATIONS. THE TRANSACTION DOES NOT CONSTITUTE A LIQUIDATION, DISSOLUTION, OR TERMINATION WITHIN THE MEANING OF TREASURY REGULATIONS 1.6033-2(G)(1) (III) FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS SERVED THE ORGANIZATION BY HELPING MEET THE ORGANIZATION'S MANAGERIAL, FINANCIAL, AND REAL ESTATE NEEDS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. THE FORM 990 IS REVIEWED AND APPROVED BY THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C NEW YORK FELLOWSHIP REQUIRES ITS DIRECTORS AND OFFICERS TO CONDUCT BUSINESS ACCORDING TO THE HIGHEST ETHICAL STANDARDS. TRANSACTIONS THAT INVOLVE A CONFLICT OF INTEREST OR ARE A RELATED PARTY TRANSACTION ARE REQUIRED TO UNDERGO A SPECIAL REVIEW BY DISINTERESTED MEMBERS OF THE BOARD. TO ENFORCE THIS POLICY, EACH EXECUTIVE OFFICER OF THE NEW YORK FELLOWSHIP IS REQUIRED TO UNDERTAKE A REASONABLE REVIEW OF THE ACTIVITIES OF THE FELLOWSHIP AT LEAST ANNUALLY, TO CERTIFY TO THE BOARD ANNUALLY IN WRITING THAT THEY HAVE DONE SO, AND TO STATE WHETHER THEY ARE AWARE OF ANY CONFLICTS OF INTEREST OR RELATED PARTY TRANSACTIONS IN WHICH THE FELLOWSHIP'S CONFLICT OF INTEREST POLICY WAS NOT FOLLOWED. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE NYF BOAD RESEARCHES COMPARABLE SALARY IN THE NYC GEOGRAPHICAL AREA FOR AN EXECUTIVE DIRECTOR WITH SIMILAR TITLE, ORGANIZATIONAL DUTIES AND RESPONSIBILITIES. THE BOARD DELIBERATES AND DECIDES ON APPROPRIATE COMPENSATION INDEPENDENTLY OF THE CANDIDATE AND MEMORIALIZES ITS DECISION ACCORDINGLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.