Nhyc Properties Inc
Nonprofit profile at a glance
- EIN
- 061692324
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Hughsonville, NY, USA
- Phone
- 8452981707
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $195,869
- Expenses
- $18,697
- Assets
- $486,408
- Liabilities
- $32,025
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- DOUGLAS TOMPKINS (COMMODORE)
- MARTIN NOVICK (VICE COMMODO)
- MICHELE MANZI (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 corporation operates solely as a title-holding company described in irc 501(c)(2): it owns and maintains real property used in connection with new hamburg yacht club (a 501(c)(7) organization), collects income from that property, provides only customary landlord services, and remits all net income (less expenses) at least annually to new hamburg yacht club for its exempt purposes.
What it reported doing in 2024
Real estate ownership
Operating model
- Revenue model
- Other-operating. 92% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 86
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 90.5%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 26.02; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- 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 — Sustainability: Liabilities to assets ratio scored 28/100.