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Filing year 2023

GALVAN ASSET MANAGEMENT INC

Hudson, New York·EIN 22-3695479·NTEE S47 · Community Improvement & Capacity Building·2
Total revenue
$1.1M
Total assets
$6.6M
Total expenses
$1.5M
Reported officers
5
Mission

THE SPECIFIC, PRIMARY AND EXCLUSIVE PURPOSES FOR WHICH THIS CORPORATION IS FORMED IS TO HOLD TITLE TO PROPERTY, COLLECTING MONIES THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO GALVAN HOUSING RESOURCES, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION AND THE GALVAN FOUNDATION CHARITABLE TRUST, A NEW YORK UNINCORPORATED CHARITABLE TRUST. TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS.

Reported officers (all unpaid)

No paid executives reported in 2023. GALVAN ASSET MANAGEMENT INC reported 5 unpaid officers and board members on its 990.

Trustee
President
Secretary
Trustee
Trustee
Financial trend

Revenue and expenses over time

GALVAN ASSET MANAGEMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$1.4M
2022
$1.1M
$1.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

GALVAN ASSET MANAGEMENT INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New York earns a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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