Beekman Place Association Inc
Nonprofit profile at a glance
- EIN
- 133035642
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025
- Location
- New York, NY, USA
- Phone
- 4155335366
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $121,357
- Expenses
- $144,029
- Assets
- $120,005
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JENNIFER GUNSBERGER (President)
- Carol Ying (Vice President)
- Ken Gunsberger (President)
People named in this filing
- Lori Rosen (Director)
- MARY ANN SPITZNAGEL (Director)
- Andrew Gothelf (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation works to promote the security, safety, preservation and beautification of the beekman place neighborhood in manhattan. Dues and assessments come from member organizations and individuals who generally live in or around the neighborhood which consists principally of co-op housing corporations. The neighborhood is defined as beekman place, up to but not including first avenue, between east 51st street and mitchell place. The membership also includes individual homeowners and businesses residing in and located in the previously defined area. Membership dues and assessments are used entirely in the persuit of the objectives defined above.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 12
- Sustainability: 33
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.7%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -18.7%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.83; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: -15.5% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -8.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
- Governance: 0 of 9 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $142K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.