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Filing year 2024

HANYC FOUNDATION INC

New York, New York·EIN 83-3283722·NTEE M20 · Public Safety, Disaster Preparedness & Relief·501(c)(3)
Total revenue
$2.1M
Total assets
$12.2M
Total expenses
$973k
Reported officers
14
Mission

The HANYC Foundation, Inc. (the Foundation) was organized on January 22, 2019 by the directors of the Hotel Association of New York City, Inc. (the Association) and is a non profit organization exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. The mission of the Foundation is to leverage the talents and resources of all the Associations member hotels and partners in the greater New York City market to focus the philanthropic outreach efforts toward education and crisis relief within the community. To this end the Foundation provides scholarships for students pursuing an associates or bachelors degree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public Safety, Disaster Preparedness & Relief organizations in New York.

President
Median to 75th percentile
$21k
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Public Safety, Disaster Preparedness & Relief

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HANYC FOUNDATION INC equaled 2% of the organization's total expenses. The median for public safety, disaster preparedness & relief organizations is 5%.

This organization (2024)
2%
Sector median
5%
Middle half of sector
2% to 12%

Based on 1,753 public safety, disaster preparedness & relief organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2023

From $20k in 2023 to $21k in 2024.

$20k
2023
$21k
2024
In today's dollarsEst.
Up 1% in real terms$22k to $22k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 29%.

$20k in 2023 to $21k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HANYC FOUNDATION INC

What does the Chief Executive Officer of HANYC FOUNDATION INC earn?

In 2024, the Chief Executive Officer of HANYC FOUNDATION INC received $20,700 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Public Safety, Disaster Preparedness & Relief organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HANYC FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Public Safety, Disaster Preparedness & Relief organizations in New York, the 2024 pay of the Chief Executive Officer at HANYC FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at HANYC FOUNDATION INC equaled 2% of the organization's total expenses. The median for public safety, disaster preparedness & relief organizations is 5%.

What are HANYC FOUNDATION INC's revenue and expenses?

In 2024, HANYC FOUNDATION INC reported $2.1M in total revenue and $973k in total expenses on its IRS Form 990.

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