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Filing year 2023

NEW YORK INSTITUTE OF CREDIT

New York, New York·EIN 13-6401350·501(c)(3)
Total revenue
$466k
Total assets
$145k
Total expenses
$475k
Reported officers
27
Mission

THE PURPOSE OF THE INSTITUTE IS TO PROVIDE EDUCATION TO THE FINANCIAL, CREDIT, RESTRUCTURING AND BANKRUPTCY COMMUNITIES, THE PROFESSIONALS WHO SERVICE THEM, AS WELL AS STUDENTS. THE INSTITUTE OFFERS PROGRAMS, SEMINARS, WORKSHOPS, SYMPOSIUMS, AND OTHER EDUCATIONAL AND COMMUNITY-BUILDING EVENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$138k
$155k

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 26 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 9%
from 2022

From $127k in 2022 to $138k in 2023.

$127k
2022
$138k
2023
In today's dollarsEst.
Up 5% in real terms$147k to $155k

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 9% from 2022 to 2023, while revenue rose 4%.

$127k in 2022 to $138k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

NEW YORK INSTITUTE OF CREDIT reported revenue and expenses across 2 filing years.

RevenueExpenses
$448k
$480k
2022
$466k
$475k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW YORK INSTITUTE OF CREDIT

What does the Chief Executive Officer of NEW YORK INSTITUTE OF CREDIT earn?

In 2023, the Chief Executive Officer of NEW YORK INSTITUTE OF CREDIT received $138,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW YORK INSTITUTE OF CREDIT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW YORK INSTITUTE OF CREDIT falls between the median and the 75th percentile.

What are NEW YORK INSTITUTE OF CREDIT's revenue and expenses?

In 2023, NEW YORK INSTITUTE OF CREDIT reported $466k in total revenue and $475k in total expenses on its IRS Form 990.

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