TECHNYC INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TECHNYC INC (EIN 81-1219959)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202533189349306258
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-14T11:22:22-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN842953567PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TRIMNERBECKHAM PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11750 TYSONS BLVD SUITE 1500AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN811219959EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TECHNYC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTECHBusinessNameControlTxt
Phone6465040940PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET 49TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIE SAMUELSPersonNm
Person TitleCEOPersonTitleTxt
Phone6465040940PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID TRIMNERPreparerPersonNm
PTINP00444822PTIN
Phone7036631756PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJULIE SAMUELSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET 49TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,907,001GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TECHNYC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionENSURES THAT NEW YORK IS THE BEST PLACE TO BUILD AND GROW A TECHNOLOGY COMPANY.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,015,884PYProgramServiceRevenueAmt
CY Program Service Revenue$3,874,862CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$32,139CYOtherRevenueAmt
PY Total Revenue$2,015,884PYTotalRevenueAmt
CY Total Revenue$3,907,001CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,117,440PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,384,391CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$797,107PYOtherExpensesAmt
CY Other Expenses$2,076,735CYOtherExpensesAmt
PY Total Expenses$1,914,547PYTotalExpensesAmt
CY Total Expenses$3,461,126CYTotalExpensesAmt
PY Revenues Less Expenses$101,337PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$445,875CYRevenuesLessExpensesAmt
Total Assets BOY$608,493TotalAssetsBOYAmt
Total Assets EOY$1,256,173TotalAssetsEOYAmt
Total Liabilities BOY$654,897TotalLiabilitiesBOYAmt
Total Liabilities EOY$873,202TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$46,404NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$382,971NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAN ENGAGED NETWORK OF TECH LEADERS WORKING TO FOSTER A DYNAMIC, DIVERSE, AND CREATIVE NEW YORK. WE BRING TOGETHER NEW YORKERS TO SUPPORT A SUCCESSFUL TECHNOLOGY ECOSYSTEM, ATTRACT AND RETAIN TOP-TIER TALENT, AND CELEBRATE NEW YORK AND THE COMPANIES THAT CALL IT HOME.LEVERAGING OUR NETWORK, TECH:NYC ADVOCATES FOR POLICIES THAT SUPPORT THE GROWTH OF TECHNOLOGY COMPANIES AND TECHNOLOGY TALENT IN NYC; PROMOTE INCLUSION AND DIVERSITY; AND CREATE ACCESS FOR ALL NEW YORKERS TO CONNECTIVITY, TOOLS, AND TRAINING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIN 2024, TECH:NYC SUPPORTED THE NEW YORK TECH ECOSYSTEM THROUGH RESEARCH, PROGRAMMING, AND ADVOCACY, WHILE SIMULTANEOUSLY WORKING WITH STAKEHOLDERS TO ENSURE TECH CONTINUED TO GIVE BACK TO NEW YORK. IN 2024, TECH:NYC HOSTED MORE THAN 75 EVENTS, CONVENING THE CITY'S TOP TECH LEADERS, EMERGING STARTUP FOUNDERS, AND OUR DEEP ROLODEX OF GOVERNMENT AND CIVIC PARTNERS. IN THE AUTUMN OF 2024, TECH:NYC HELPED TO SUPPORT NEW YORK TECH WEEK THROUGH OVER A DOZEN EVENTS AND ACTIVATIONS, INCLUDING THE LAUNCH OF FOUNDER HOUSE.TECH:NYC DELIVERED OFFICIAL TESTIMONY ON A WIDE RANGE OF ISSUES, INCLUDING: E-BIKE SAFETY; AI IN PUBLIC EDUCATION; EV INFRASTRUCTURE; CRYPTOCURRENCY REGULATION; RIDESHARE PRICING; FACIAL RECOGNITION; AND CONGESTION PRICING. TECH:NYC OFFERED GOVERNMENT LEADERS MEMOS ON SEVERAL TOPICS, INCLUDING: DATA PRIVACY & CHILD DATA PRIVACY; PUBLIC BROADBAND AND 5G; HOME SHARING AND FOOD DELIVERY PLATFORMS, INCREASING ACCESS TO TECH JOBS; AUTONOMOUS VEHICLES; LAW ENFORCEMENT USE OF PERSONAL DATA; AND BLOCKCHAIN TECHNOLOGIES.TECH:NYC CO-PUBLISHED ORIGINAL REPORTS LOOKING AT NEW YORK'S GLOBAL POSITIONING, AS WELL AS HIRING AND TALENT TRENDS. IN ADDITION, TECH:NYC LAUNCHED A NYC TECH JOBS BOARD IN 2024 TO HELP TRACK HIRING ACROSS THE ECOSYSTEM. IN 2024 TECH:NYC LAUNCHED A PARTNERSHIP WITH NYC PUBLIC SCHOOLS VIA FUTURE READY WORKING WITH MORE THAN 30 HIGH SCHOOLS TO REACH APPROXIMATELY 5,000 STUDENTS. TECH:NYC ALSO CONTINUED ITS INVOLVEMENT IN THE NYC COMPUTER SCIENCE OPPORTUNITY FAIR, WHICH BROUGH TOGETHER OVER 2,000 STUDENTS FROM 60+ SCHOOLS ALONGSIDE TECH COMPANIES.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJULIE SAMUELSPersonNm
Phone6465040940PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET 49TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JULIE SAMUELS
PRESIDENT/SECRETARY/CEO38.002.00Yes (X)Yes (X)$423,958$0$3,349
FRED WILSON
CHAIR1.00Yes (X)Yes (X)$0$0$0
ELI POLANCO
DIRECTOR1.00Yes (X)$0$0$0
KEVIN RYAN
DIRECTOR1.00Yes (X)$0$0$0
RESHMA SAUJANI
DIRECTOR1.00Yes (X)$0$0$0
SARAH BROWN
CHIEF OF STAFF38.002.00$285,000$0$20,322Yes (X)
BRYAN LOZANO
FOUNDATION DIRECTOR0.0040.00$117,727$0$19,872Yes (X)
ALISA MCCALL
CHIEF OF STAFF40.00$111,250$0$1,446Yes (X)
OCTAVIUS MOORE
DIRECTOR OF PLATFORM40.00$106,960$0$19,639Yes (X)
MARJORIE VELAZQUEZ
VICE PRESIDENT, POLICY40.00$133,736$0$16,367Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,178,631TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$80,995TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SKDK
ONE WORLD TRADE CENTER 285 FULTONNEW YORKNY10007PUBLIC AFFAIRS STRATEGY & CONSULTING$921,598
STU LOESER & CO LLC
1239 BROADWAYNEW YORKNY10001MEDIA STRATEGY CONSULTING$168,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
MEMBERSHIP DUES900099$1,749,435$1,749,435
EMPIRE AI900099$1,236,550$1,236,550
QUALIFIED SPONSORSHIPS900099$489,579$489,579
FELLOWSHIP - BLOOMBERG900099$205,558$205,558
RESEARCH PROJECT900099$176,221$176,221

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,519TotalRevenueColumnAmt
Related Or Exempt Func Income$17,519RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,874,862TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescTAX REFUNDSDesc
Business900099BusinessCd
Total Revenue Column$32,139TotalRevenueColumnAmt
Exclusion$32,139ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$32,139OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,907,001TotalRevenueColumnAmt
Related Or Exempt Func Income$3,385,283RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$521,718ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$732,629TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$498,055TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$63,306TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$90,401TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,077TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$27,500TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$385,022TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,147,095TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$28,740TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$84,610TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$53,011TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$72,555TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$156,835TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$745TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,916TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,320TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
DUES AND SUBSCRIPTIONS$26,155
BAD DEBTS$17,500
PAYROLL PROCESSING FEES$8,673
PROGRAM EXPENSES$2,500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$38,481TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,461,126TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$221,734BOYAmt
EOY$218,238EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$331,063BOYAmt
EOY$1,015,315EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,160BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,891LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,948LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,859BOYAmt
EOY$8,943EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$13,677BOYAmt
EOY$13,677EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$608,493BOYAmt
EOY$1,256,173EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,098BOYAmt
EOY$48,436EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$561,349BOYAmt
EOY$528,316EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$45,450BOYAmt
EOY$296,450EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$654,897BOYAmt
EOY$873,202EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$46,404BOYAmt
EOY$382,971EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$46,404BOYAmt
EOY$382,971EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$608,493BOYAmt
EOY$1,256,173EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$445,875ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$16,500PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$1,749,435DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$1,075,635NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$52,515NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$1,128,150NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$157,449AggregateReportedDuesNtcAmt
Carried Over$970,701CarriedOverAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,891OtherCostOrOtherBasisAmt
Depreciation$12,948DepreciationAmt
Book Value$8,943BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,943TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO RELATED PARTY$70,450
COMMISSION RESERVE$226,000
FieldValueIRS element (for citing)
Total Liability$296,450TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JULIE SAMUELS
PRESIDENT/SECRETARY/CEO$423,958$0$0$0$0$0$0$0$3,349$0$427,307$0$0$0
SARAH BROWN
CHIEF OF STAFF$285,000$0$0$0$0$0$0$0$20,322$0$305,322$0$0$0
MARJORIE VELAZQUEZ
VICE PRESIDENT, POLICY$133,736$0$0$0$0$0$0$0$16,367$0$150,103$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6TECH:NYC, INC. CONSISTS OF TWO CLASSES OF MEMBERS, DESIGNATED AS FULL MEMBERS AND ASSOCIATE MEMBERS. (A) FULL MEMBERS. THE FULL MEMBERS SHALL CONSIST OF THOSE INDIVIDUALS OR ENTITIES WHO (I) HAVE COMPLETED THE PROCESS FOR APPLICATION TO THE CORPORATION, WHICH APPLICATION MAY INCLUDE AN AGREEMENT TO BE BOUND BY THESE BYLAWS, AS THE SAME MAY BE AMENDED AND/OR RESTATED FROM TIME TO TIME; (II) ARE THEN CURRENT ON THE PAYMENT OF THEIR MEMBERSHIP FEES, PENALTIES AND/OR ASSESSMENTS; AND (III) ARE THEN IN GOOD STANDING. THE BOARD OF DIRECTORS SHALL PRESCRIBE ALL NECESSARY FORMS FOR APPLICATION TO THE CORPORATION AND SHALL ESTABLISH A PROCEDURE TO VERIFY AND ADMIT ALL PROSPECTIVE FULL MEMBERS. THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME ESTABLISH ALL MEMBERSHIP DUES AND ANY FEES, PENALTIES AND/OR ASSESSMENTS APPLICABLE FOR FULL MEMBERS. THE BOARD OF DIRECTORS SHALL HAVE THE POWER, IN ITS SOLE DISCRETION, TO SUSPEND, EXPEL OR CENSURE ANY FULL MEMBER. ANY FULL MEMBER WHO HAS BEEN EXPELLED IS NOT IN GOOD STANDING. ANY SUSPENDED FULL MEMBER IS NOT IN GOOD STANDING DURING THE PERIOD OF THAT FULL MEMBER'S SUSPENSION. (B) ASSOCIATE MEMBERS. THE ASSOCIATE MEMBERS SHALL CONSIST OF THOSE INDIVIDUALS OR ENTITIES WHO (I) HAVE COMPLETED THE PROCESS FOR APPLICATION TO THE CORPORATION, WHICH APPLICATION MAY INCLUDE AN AGREEMENT TO BE BOUND BY THESE BYLAWS, AS THE SAME MAY BE AMENDED AND/OR RESTATED FROM TIME TO TIME; (II) ARE THEN CURRENT ON THE PAYMENT OF THEIR MEMBERSHIP FEES, PENALTIES AND/OR ASSESSMENTS; AND (III) ARE THEN IN GOOD STANDING. THE BOARD OF DIRECTORS SHALL PRESCRIBE ALL NECESSARY FORMS FOR APPLICATION TO THE CORPORATION AND SHALL ESTABLISH A PROCEDURE TO VERIFY AND ADMIT ALL PROSPECTIVE ASSOCIATE MEMBERS. THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME ESTABLISH ALL MEMBERSHIP DUES AND ANY FEES, PENALTIES AND/OR ASSESSMENTS APPLICABLE FOR ASSOCIATE MEMBERS. THE BOARD OF DIRECTORS SHALL HAVE THE POWER, IN ITS SOLE DISCRETION, TO SUSPEND, EXPEL OR CENSURE ANY ASSOCIATE MEMBER. ANY ASSOCIATE MEMBER WHO HAS BEEN EXPELLED IS NOT IN GOOD STANDING. ANY SUSPENDED ASSOCIATE MEMBER IS NOT IN GOOD STANDING DURING THE PERIOD OF THAT ASSOCIATE MEMBER'S SUSPENSION.
FORM 990, PART VI, SECTION A, LINE 7AFULL MEMBERS OF TECH:NYC, INC VOTE AND APPROVE NEW MEMBERS TO THE BOARD/GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BPER BYLAWS FULL MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO VOTE INCLUDING ELECTION OF DIRECTORS FOR THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CEACH COVERED PERSON SIGNS AN ANNUAL DISCLOSURE AND MUST PROMPTLY DISCLOSE MATERIAL FACTS WHEN ISSUES ARISE. AFTER DISCLOSURE, THE DISINTERESTED BOARD DECIDES BY MAJORITY WHETHER A CONFLICT EXISTS AND WHETHER TO PROCEED, SEEKING ARM'S-LENGTH, FAIR-VALUE TERMS AND REASONABLE ALTERNATIVES. THE INTERESTED PERSON MAY STATE FACTS AND ANSWER QUESTIONS, THEN MUST LEAVE, MAY NOT HEAR DELIBERATIONS, VOTE, OR INFLUENCE OTHERS. THE MINUTES RECORD DISCLOSURES, PARTICIPANTS, DISCUSSION, AND VOTES. FAILURES TO DISCLOSE LEAD TO NOTICE, AN OPPORTUNITY TO RESPOND, AND DISCIPLINE.
FORM 990, PART VI, SECTION B, LINE 15ATHE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDED REVIEW AND APPROVAL BY A FINANCE COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE WAS PROVIDED WITH AN ORGANIZATIONAL BUDGET AND COMPARABILITY DATA OF EXECUTIVE DIRECTOR COMPENSATION AS DISCLOSED ON THE FORMS 990 OF SIMILAR-SIZED EXEMPT ORGANIZATIONS. ONCE THAT INFORMATION WAS PROVIDED AND ANALYZED, THE COMMITTEE MEMBERS INDEPENDENTLY DELIBERATED TO SET COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11GOTHER CONSULTANTS 321,226. SUBCONTRACTORS 30,000. PROFESSIONAL DEVELOPMENT 31,250. OTHER PROFESSIONAL FEES 2,546.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TECH NYC FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1152 WEST 57TH STREET 49TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
EIN851077938EIN
Primary ActivitiesEDUCATION AND RESEARCHPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TECHNYC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.