OPEN NEW YORK INC Charity Report

Public IRS 990 nonprofit record

OPEN NEW YORK INC

EIN 84-3756425 · Alliances & Advocacy - Housing (L01)

What they do

OPEN NEW YORK is A GRASSROOTS NON-PROFIT WORKING to SOLVE NEW YORKS HOUSING CRISIS. WE ADVOCATE for POLICY CHANGES ACROSS THE STATE THAT WILL ALLOW for MORE HOUSING OPTIONS IN EVERY NEIGHBORHOOD. OPEN NEW YORK BELIEVES IN HOMES for ALL and HOMES (CONTINUED ON SCHEDULE O) of ALL TYPES - FROM SOCIAL and GOVERNMENT-SUBSIDIZED HOUSING to MARKET-RATE OPTIONS. OUR VISION is A STATE WHERE HOUSING LAWS and POLICIES SUPPORT INCLUSIVE, STABLE COMMUNITIES, NOT EXCLUSIVE NEIGHBORHOODS and UNAFFORDABLE LIVING. THROUGH ADVOCACY and ORGANIZING, OPEN NEW YORK is COMMITTED to A BETTER NEW YORK THAT is AFFORDABLE and ACCESSIBLE to ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.50 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 leaders9 people are listed in the latest report.

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

Money made simple

52.28%of revenue went to mission work85.5% of expenses · Program services

1.43%of revenue went to fundraising2.3% of expenses

$61.15spent for every $100 of revenueRevenue covered expenses this year.

7.44%of revenue went to management and office costs12.2% of expenses

$2.28in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%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 $152,718 for ASIA THOMAS (DIRECTOR OF ORGANIZING). 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$2,165,971

Mission workProgram services$1,132,31152.28% of revenue85.5% of expenses

ManagementOffice and general costs$161,1817.44% of revenue12.2% of expenses

FundraisingAsking for donations$30,9551.43% of revenue2.3% of expenses

Revenue left after expensesReported annual surplus$841,52438.85% of revenueShown in gray on the chart

Total expenses$1,324,44761.15% 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: 85.5% mission · 12.2% management · 2.3% fundraisingTotal expenses: 61.15% of revenue

2023Expense mix: 73.6% mission · 20.9% management · 5.5% fundraisingTotal expenses: 50.81% of revenue

2022Expense mix: 77.1% mission · 18.6% management · 4.3% fundraisingTotal expenses: 103.48% of revenue

2021Expense mix: 48.2% mission · 46.6% management · 5.2% fundraisingTotal expenses: 15.54% of revenue

2020Expense mix: 20.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 1.33% of revenue

Money in and money out

Revenue$2,165,971

Expenses$1,324,447

Annual surplus $841,524 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)$1,132,311 · 85.5% of expenses

Management and office costs$161,181 · 12.2% of expenses

Fundraising$30,955 · 2.3% of expenses

See all reported dollar amounts

Revenue$2,165,971

Expenses$1,324,447

Assets$3,025,998

Income$2,266,634

Contributions$2,165,176

Mission work (program services)$1,132,311

Fundraising$30,955

Grants given$510,000

Average grant$255,000

Management and general$161,181

Accounting fees$82,964

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

ASIA THOMASDIRECTOR OF ORGANIZING · 16 hrs/week $152,718Base $123,500 · Other $29,218

LOGAN PHARESPOLITICAL DIRECTOR · 30 hrs/week $148,818Base $131,000 · Other $17,818

ANDREW FINECHIEF OF STAFF & POLICY DIRECTOR · 23 hrs/week $139,381

ANNEMARIE GRAYEXECUTIVE DIRECTOR · 19 hrs/week $121,480

NICK BERKOWITZCOMMUNICATIONS DIRECTOR · 33 hrs/week $119,317Base $105,316 · Other $14,001

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 (9)

ASIA THOMASDIRECTOR OF ORGANIZING

LOGAN PHARESPOLITICAL DIRECTOR

ANDREW FINECHIEF OF STAFF & POLICY DIRECTOR

ANNEMARIE GRAYEXECUTIVE DIRECTOR

NICK BERKOWITZCOMMUNICATIONS DIRECTOR

BEN FURNASBOARD MEMBER

LIZ DENYSTREASURER

MICHELLE KUPPERSMITHPRESIDENT

SACHI TAKAHASHI-RIALBOARD MEMBER

About this charity

Recognized since: January 2022
Location: 228 PARK AVENUE S 602303, NEW YORK, NY 10003
County: New York
In care of: ANNEMARIE GRAY
Primary officer: ANNEMARIE GRAY, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailwelcome@opennewyork.org Phone(202) 747-4897

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GELMAN ROSENBERG & FREEDMAN
NTEE classification: Alliances & Advocacy - Housing (L01)
IRS tax category: Alliances & Advocacy - Housing
Grant-giving organization: Yes