Nonprofit · EIN 84-3395768
INWOOD MERCHANT ASSOCIATION INC
Tax-exempt · NEW YORK, NY 10033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $574,756 | $607,782 | -$33,026 | $121,986 | $133,477 | -$11,491 |
| June 30, 2024 | 990 | $985,275 | $1,009,125 | -$23,850 | $749,038 | $752,881 | -$3,843 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $574,756
- of which government grants
- $574,756
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $73,189
- Other salaries and wages
- $150,588
- Salaries, compensation and benefits (total)
- $260,544
- Professional fundraising fees
- $0
- Accounting fees
- $8,473
- Occupancy
- $10,068
- Travel
- $3,465
Balance sheet and other
- Total assets, start of year
- $749,038
- Total assets, end of year
- $121,986
- Total liabilities, end of year
- $133,477
- Net assets, end of year
- -$11,491
- Net assets without donor restrictions
- -$31,491
- Net assets with donor restrictions
- $20,000
- Gross receipts
- $574,756
- Employees
- 4
- Volunteers
- 50
- Year formed
- 2019
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GWENDOLYNE MARTINEZ | EXECUTIVE DI Officer | 40 | $89,103 |
| JASON COMPTON | CHAIR Trustee or director, Officer | 0.5 | $0 |
| ISIDRO MEDINA | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| CINDY MATOS | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ARELIA TAVAREZ | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| CARRIE TORRES | MEMBER Trustee or director | 0.5 | $0 |
| JERITZA MEJIA | MEMBER Trustee or director | 0.5 | $0 |
| JOELKYS ABREU | MEMBER Trustee or director | 0.5 | $0 |
| YAJAIRA GONZALEZ | MEMBER Trustee or director | 0.5 | $0 |
| MEYLIN MOTA | MEMBER UNTIL Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GWENDOLYNE MARTINEZ | EXECUTIVE DI Officer | 32 | $65,965 |
| JASON COMPTON | CHAIR Trustee or director, Officer | 0.5 | $0 |
| ISIDRO MEDINA | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| CINDY MATOS | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ARELIA TAVAREZ | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| CARRIE TORRES | MEMBER Trustee or director | 0.5 | $0 |
| JERITZA MEJIA | MEMBER Trustee or director | 0.5 | $0 |
| JOEL ABREU | MEMBER Trustee or director | 0.5 | $0 |
| YAJAIRA GONZALEZ | MEMBER Trustee or director | 0.5 | $0 |
| MEYLIN MOTA | MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 560 WEST 181ST STREET 2ND FL, NEW YORK, NY 10033-5012
- Mailing address (990-N for 2022)
- 560 W 181st Fl 2, New York NY 10033
- Principal officer (990 for 2024)
- GWENDOLYNE MARTINEZ
- Principal officer (990-N for 2022)
- Gwendolyne Martinez, 560 W 181st Fl 2, New York NY 10033
- Signed the 990
- GWENDOLYNE MARTINEZ, EXECUTIVE DIRECTOR
- Phone
- (646) 249-0263
- Website
- WWW.IMANYC.ORG
- Return prepared by
- GALLEROS ROBINSON
Mission
THE INWOOD MERCHANT ASSOCIATIONS MISSION IS TO FORTIFY THE FABRIC OF INWOODS BUSINESS COMMUNITY THROUGH PRESERVATION, EDUCATION, AND ADVOCACY. WE ARE COMMITTED TO FOSTERING BUSINESS EXPANSION AND COMMUNITY DEVELOPMENT BY IMPLEMENTING ROBUST ECONOMIC PROGRAMS THAT INCREASE THE INCOME POTENTIAL OF ALL BUSINESSES WITHIN OUR JURISDICTION. COMMITTED TO ENHANCING THE COMMUNITY'S SOCIAL, CULTURAL, AND CIVIC VITALITY, WE CHAMPION INITIATIVES AIMED AT ENHANCING INWOOD'S FUNCTIONAL AND AESTHETIC APPEAL, THEREBY FOSTERING A DYNAMIC, PROSPEROUS ENVIRONMENT IN WHICH EVERY BUSINESS CAN FLOURISH.
Program accomplishments
- AS PART OF THE INWOOD MERCHANT ASSOCIATION'S ("IMA")ONGOING COMMITMENT TO IMPROVING THE COMMERCIAL ENVIRONMENT AND SUPPORTING LOCAL ECONOMIC ACTIVITY, IMA PROVIDED STREET AND SIDEWALK CLEANING SERVICES ALONG DYCKMAN'S STREET PRIMARY BUSINESS CORRIDORS. KEY ACCOMPLISHMENTS OF THE PROGRAM INCLUDE: PROVIDED CONSISTENT LITTER AND DEBRIS REMOVAL ALONG HIGH- TRAFFIC COMMERCIAL ZONES, CONTRIBUTING TO IMPROVED CLEANLINESS, SAFETY, AND VISUAL APPEAL. SUPPORTED THE MAINTENANCE OF PUBLIC-FACING AREAS THAT SERVE OVER 150 SMALL BUSINESS, ENHANCING CUSTOMER EXPERIENCE AND MERCHANT SATISFACTION. ASSISTED IMA IN MEETING IT'S NEIGHBORHOOD BEAUTIFICATION AND COMMUNITY IMPROVEMENT GOALS, ALIGINING WITH BROARDER EFFORTS TO ATTRACT FOOT TRAFFIC AND IMPROVE QUALITY OF LIFE FOR RESIDENTS AND VISITORS. RESPONDED TO CLEANING NEEDS TIED TO SPECIAL EVENTS AND HIGH-VOLUME DAYS, DEMONSTRATING FLEXIBILITY AND DEDICATION TO COMMUNITY STANDARDS.Expenses $546,880
- AS PART OF THE PARTNERSHIP BETWEEN RENAISSANCE TECHNICAL INSTITUTE AND THE INWOOD MERCHANT ASSOCIATION, THE CONTRACTOR PROVIDED ESSENTIAL SERVICES IN THE EXECUTION AND DELIVERY OF THE WORKFORCE EDUCATION AND TRAINING. KEY ACHIEVEMENTS INCLUDE: SUPPORTED THE ENROLLMENT AND TRAINING OF 47 RESIDENTS FROM INWOOD AND WASHINGTON HEIGHTS IN HIGH-DEMAND FIELDS SUCH AS HVAC, ELECTRICAL, SOLAR INSTALLATION, OSHA, PLUMBING, AND COMPUTER SKILLS. ENSURED EFFECTIVE COMMUNITY OUTREACH AND PARTICIPANT ENGAGEMENT IN TARGET ZIP CODES (10032, 10033, 10034, AND 10040), WITH 73% OF PARTICIPANTS RESIDING IN INWOOD AND WASHINGTON HEIGHTS.Expenses $40,000
- UNDER THE PLAZA COMMUNITY ENGAGEMENT PROGRAM, IMA PARTNERED WITH THE QUISQUEYA PLAZA TO ACTIVATE AND MAINTAIN THE COMMUNITY PLAZAS AS A VIBRANT PUBLIC SPACE FOR COMMUNITY ENGAGEMENT CULTURAL PROGRAMMING AND LOCAL ECONOMIC SUPPORT. KEY ACCOMPLISHMENTS ARE EXECUTED PUBLIC EVENTS SUCH AS CULTURAL CELEBRATIONS, SMALL BUSINESS ACTIVATIONS, AND SEASONAL COMMUNITY GATHERINGS ATTENDED BY THOUSANDS OF PEOPLE, BOTH RESIDENCE AND NON- RESIDENCE. HELPED COORDINATE LOGISTICS, VENDOR PARTICIPATION, AND ENTERTAINMENT, CONTRIBUTING TO A WELCOMING AND ORGANIZED EXPERIENCE FOR ATTENDEES. SUPPORTED THE CREATION OF A CONSISTENT AND INCLUSIVE PRESENCE AT THE PLAZA, ENCOURAGING LOCAL FOOT TRAFFIC COMMUNITY PRIDE AND MERCHANT VISIBILITY. PROMOTED CIVIC ENGAGEMENT THROUGH EVENT SUPPORT THAT REFLECTED THE CULTURAL RICHNESS AND DIVERSITY OF THE INWOOD MERCHANT ASSOCIATION.Expenses $20,650
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-3395768
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $121,986
- Income (IRS master file)
- $574,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $574,756 | $607,782 | $121,986 | IRS |
| 990 | June 2024 | $985,275 | $1,009,125 | $749,038 | IRS |
| 990-N for 2022 Officer: Gwendolyne Martinez | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Jason Compton | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3395768).
Questions about INWOOD MERCHANT ASSOCIATION INC
- What is the EIN of INWOOD MERCHANT ASSOCIATION INC?
- The employer identification number (EIN) of INWOOD MERCHANT ASSOCIATION INC is 84-3395768.
- Is INWOOD MERCHANT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
- Which annual return does INWOOD MERCHANT ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INWOOD MERCHANT ASSOCIATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INWOOD MERCHANT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INWOOD MERCHANT ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names GWENDOLYNE MARTINEZ.
- Who are the officers and directors of INWOOD MERCHANT ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $89,103 (GWENDOLYNE MARTINEZ, EXECUTIVE DI).
- How much revenue does INWOOD MERCHANT ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $574,756, expenses of $607,782 and total assets of $121,986 at year end.
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