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General Society of Mechanics & Tradesmen

Public charity
DBA: TRADESMEN OF THE CITY OF NEW YORK
Community Development · NEW YORK, NY · EIN 13-1624013

About

The society's principal purpose is to operate a tuition-free school and library in order to provide information and instruction to the new YORK building and construction trades. The society disseminates literary and scientific knowledge through lectures and other means ofintellectual improvement and maintains a cultural and educational resource center for those in manual, technical, craft and creative occupations.the society also provides operating space for similar nonprofit organizations whose goals are to preserve and promote the arts, culture, and history of tradesmen. In addition, the society preserves and maintains its landmarked building, which is listed on the national register of historic places and provides the venue for its educational and cultural programs and activities.

DBA Tradesmen of the City of New YORK

Donations are tax-deductible
Category
Community Development
Employees
24
Volunteers
20

Financial Snapshot

FY ending 2023-12-31
Revenue
$2.4M
Expenses
$1.6M
Assets
$33.1M
Liabilities
$442K

Financial history

$5.4M$2.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $2.4M · Peak FY2017: $5.4M · Avg: $2.6M
GENERAL SOCIETY OF MECHANICS & TRADESMEN
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Address

20 W 44 ST
New YORK, NY, 10036-660

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %35.9%
Permanent endowment %27.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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