HUDSON SQUARE DISTRICT MANAGEMENT ASSOCIATION INCORPORATED Charity Report

Public IRS 990 nonprofit record

HUDSON SQUARE DISTRICT MANAGEMENT ASSOCIATION INCORPORATED

EIN 26-4808219 · Community & Neighborhood Development (S20)

What they do

to ASSIST IN THE OVERALL ECONOMIC IMPROVEMENT of THE HUDSON SQUARE DISTRICT BY IMPROVING TRAFFIC MANAGEMENT and SAFETY, STREETSCAPE DESIGN, and MARKETING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.37%of revenue went to mission work85.1% of expenses · Program services

$81.47spent for every $100 of revenueRevenue covered expenses this year.

12.10%of revenue went to management and office costs14.9% of expenses

$3.48in assets for every $1 spent this yearSome assets cannot be spent right away.

1.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $273,318 for SAMARA KARASYK (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,100,799

Mission workProgram services$2,844,53769.37% of revenue85.1% of expenses

ManagementOffice and general costs$496,19812.10% of revenue14.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$760,06418.53% of revenueShown in gray on the chart

Total expenses$3,340,73581.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 81.47% of revenue

2023Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 82.78% of revenue

2022Expense mix: 81.5% mission · 18.5% management · 0.0% fundraisingTotal expenses: 89.79% of revenue

2021Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 157.80% of revenue

2020Expense mix: 89.6% mission · 10.4% management · 0.0% fundraisingTotal expenses: 152.92% of revenue

2019Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 150.43% of revenue

2018Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 101.75% of revenue

2017Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 147.69% of revenue

Money in and money out

Revenue$4,100,799

Expenses$3,340,735

Annual surplus $760,064 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,844,537 · 85.1% of expenses

Management and office costs$496,198 · 14.9% of expenses

See all reported dollar amounts

Revenue$4,100,799

Expenses$3,340,735

Assets$11,631,000

Income$4,100,799

Contributions$64,159

Mission work (program services)$2,844,537

Management and general$496,198

Executive compensation (total)$259,464

Accounting fees$97,994

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SAMARA KARASYKPRESIDENT · 50 hrs/week $273,318Base $259,707 · Other $13,611

SUSAN CHANGARSENIOR V.P. FOR MARKETING · 50 hrs/week $187,204Base $167,064 · Other $20,140

COREY KUNZSEN. V.P. FOR ADMIN & OPERATIONS · 50 hrs/week $169,343Base $159,123 · Other $10,220

JACOB T MCNALLYV.P. & HEAD OF CAPITAL PROJECTS · 50 hrs/week $163,458Base $147,638 · Other $15,820

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

SAMARA KARASYKPRESIDENT

SUSAN CHANGARSENIOR V.P. FOR MARKETING

COREY KUNZSEN. V.P. FOR ADMIN & OPERATIONS

JACOB T MCNALLYV.P. & HEAD OF CAPITAL PROJECTS

JOHN MALTZDIRECTOR

VALERIE DE LA ROSADIRECTOR

SUJOHN SARKARDIRECTOR

STEVE MARVINSECRETARY

STEPHANIE TSOPANIDESDIRECTOR

RHONDA SINGERDIRECTOR

PHIL MOUQUINHODIRECTOR

NICOLE BARTHDIRECTOR

NEHA DESAIDIRECTOR

MATTHEW GRAZIANODIRECTOR

LINDSAY PARIZIDIRECTOR

KEVIN MCGHEEDIRECTOR

KELSEY LOUIEDIRECTOR

ADAM STECKLERDIRECTOR

JEFFREY SUSSMANCHAIR

JACKIE RENTONTREASURER

EVELIN COLLADODIRECTOR

DAVID SCATTERDAYDIRECTOR

CHRISTOPHER LEEDIRECTOR

CASS SMITHDIRECTOR

CAROLINE COBURNDIRECTOR

BRETT GREENBERGDIRECTOR

ARMANDO GUTIERREZDIRECTOR

ANDREW CHANGDIRECTOR

AMANDA GLUCKDIRECTOR

ALDRIN BONILLADIRECTOR

About this charity

Recognized since: January 2009
Location: 180 VARICK ST RM 422, NEW YORK, NY 10014-5421
County: New York
In care of: % LAURA WALKER
Primary officer: SAMARA KARASYK, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 463-9160

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SKODY SCOT & CO CPAS PC
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development