General Contractors Association Of N Y Inc
General Contractors Association Of N Y Inc consistently operates with a surplus and reports no officer compensation.
EIN: 130762390 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $3.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.4M |
| Transparency Score | 75/100 |
Is General Contractors Association Of N Y Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
General Contractors Association Of N Y Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About General Contractors Association Of N Y Inc
General Contractors Association Of N Y Inc (EIN: 130762390) is a nonprofit organization based in New York, NY. The organization reported total revenue of $10.6M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of General Contractors Association Of N Y Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
General Contractors Association Of N Y Inc is a large nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$177K |
| Total Assets | $7.6M |
| Total Liabilities | $6.3M |
| Net Assets | $1.4M |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 82.1% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, General Contractors Association Of N Y Inc reported a surplus of $177K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 82.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), General Contractors Association Of N Y Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +1.6% | +3.6% |
| 2022 | +5.0% | +9.4% | +40.9% |
| 2021 | -0.3% | -5.9% | +0.4% |
| 2020 | -30.2% | -31.3% | +3.4% |
| 2019 | +32.3% | +27.6% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates General Contractors Association Of N Y Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, General Contractors Association Of N Y Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $177K, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either uncompensated or compensated through alternative structures not reported as officer compensation on the 990, which is unusual for an organization of its size with over $4 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of General Contractors Association Of N Y Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported in less transparent categories or through related entities.
- Significant increase in liabilities from $4.28M in 2021 to $6.26M in 2023, warranting further investigation into the nature of these obligations.
Strengths
The following positive indicators were identified for General Contractors Association Of N Y Inc:
- Consistent financial surpluses in recent years (e.g., $176,749 in 2023 and $265,086 in 2022), indicating sound financial management.
- Healthy and growing asset base, increasing from $5.22M in 2021 to $7.63M in 2023.
- Stable revenue generation over multiple years, demonstrating financial resilience.
Frequently Asked Questions about General Contractors Association Of N Y Inc
Is General Contractors Association Of N Y Inc a legitimate charity?
General Contractors Association Of N Y Inc (EIN: 130762390) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does General Contractors Association Of N Y Inc spend its money?
General Contractors Association Of N Y Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to General Contractors Association Of N Y Inc tax-deductible?
General Contractors Association Of N Y Inc is registered as a tax-exempt nonprofit (EIN: 130762390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the General Contractors Association Of N Y Inc CEO make?
General Contractors Association Of N Y Inc's highest-compensated officer earns $4 annually. The organization reported $10.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of General Contractors Association Of N Y Inc's spending goes to programs?
General Contractors Association Of N Y Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is General Contractors Association Of N Y Inc located?
General Contractors Association Of N Y Inc is headquartered in New York, New York and files with the IRS under EIN 130762390.
How many years of IRS 990 filings does General Contractors Association Of N Y Inc have?
General Contractors Association Of N Y Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.6M in total revenue.
How does the organization manage to report 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executives are volunteers, compensated by a related entity, or their compensation is categorized differently within the expense structure, which would require reviewing the full 990 form for details.
What is the nature of the significant increase in liabilities from 2021 to 2023?
Liabilities increased from $4,283,235 in 2021 to $6,262,361 in 2023. This could be due to deferred revenue, new loans, or other obligations, and a deeper dive into the balance sheet would be necessary to understand the specifics.
What are the primary sources of revenue for the organization?
The filings show consistent annual revenues, for example, $4,091,627 in 2023. Without the full 990, the specific breakdown of revenue sources (e.g., membership dues, program service fees, investments) is not available, but the consistency suggests stable income streams.
Filing History
IRS 990 filing history for General Contractors Association Of N Y Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), General Contractors Association Of N Y Inc's revenue has grown by 11.3%, moving from $3.7M to $4.1M. Total assets increased by 183% over the same period, from $2.7M to $7.6M. Total functional expenses rose by 8%, from $3.6M to $3.9M. In its most recent filing year (2023), General Contractors Association Of N Y Inc reported a surplus of $177K, with revenue exceeding expenses. The organization holds $6.3M in liabilities against $7.6M in assets (debt-to-asset ratio: 82.1%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $3.9M | $7.6M | $6.3M | — | — |
| 2022 | $4.1M | $3.9M | $7.4M | $6.3M | — | View 990 |
| 2021 | $3.9M | $3.5M | $5.2M | $4.3M | — | View 990 |
| 2020 | $3.9M | $3.7M | $5.2M | $4.7M | — | — |
| 2019 | $5.6M | $5.4M | $5.0M | $4.8M | — | View 990 |
| 2018 | $4.3M | $4.3M | $5.4M | $5.4M | — | View 990 |
| 2017 | $4.6M | $4.3M | $4.9M | $4.9M | — | View 990 |
| 2016 | $5.0M | $5.1M | $5.4M | $5.7M | — | View 990 |
| 2015 | $5.1M | $5.2M | $5.9M | $6.1M | — | View 990 |
| 2014 | $3.9M | $3.9M | $4.9M | $4.9M | — | View 990 |
| 2013 | $3.7M | $3.6M | $4.9M | $4.9M | — | View 990 |
| 2012 | $3.6M | $3.6M | $4.6M | $4.7M | — | View 990 |
| 2011 | $3.7M | $3.6M | $2.7M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $3.9M, and assets of $7.6M (revenue -0.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.9M, and assets of $7.4M (revenue +5.0% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.5M, and assets of $5.2M (revenue -0.3% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.7M, and assets of $5.2M (revenue -30.2% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.4M, and assets of $5.0M (revenue +32.3% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.3M, and assets of $5.4M (revenue -7.8% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.3M, and assets of $4.9M (revenue -6.9% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.1M, and assets of $5.4M (revenue -1.9% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.2M, and assets of $5.9M (revenue +28.1% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $4.9M (revenue +5.5% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.6M, and assets of $4.9M (revenue +5.3% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.6M, and assets of $4.6M (revenue -3.4% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.6M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for General Contractors Association Of N Y Inc:
Data Sources and Methodology
This transparency report for General Contractors Association Of N Y Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.