New York City Special Riggers Association Inc

Nonprofit profile at a glance

EIN
464044487
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Long Island City, NY, USA
Phone
7183612861
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mutual/Membership Benefit N.E.C.

Official website

Reported finances

Revenue
$138,123
Expenses
$165,693
Assets
$115,192
Liabilities
$235

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • VERONIKA SIKORSKI (PRESIDENT)
  • MICHAEL DIFONZO (VICE PRESIDENT)

People named in this filing

  • VERONIKA SIKORSKI (PRESIDENT)
  • MICHAEL DIFONZO (VICE PRESIDENT)
  • IRENEUSZ ERIC JANCZYK (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The New York city special riggers association (nycsra) aims to promote and foster safe practices in the use and installation of suspended and supported scaffolds and sidewalk sheds across New York city. The association supports collaboration and information-sharing among members, and represents the access industry's interests before the nyc council, nyc department of buildings, and other stakeholders.

What it reported doing in 2024

In 2024, nycsra organized member meetings and seminars to facilitate collaboration and share updates on safety practices and compliance. Our events helped members stay informed on evolving nyc department of buildings and osha codes, improving safety standards across the industry.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.2%; rating input score 65
  • Program expense ratio: 54.3%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -20%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 65.2% of revenue deployed · 54.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.