2023-08-31T15:38:00-05:00 2022-12-31 161131146 BONADIO & CO LLP 6 WEMBLEY CT ALBANY NY 12205 990 2022-01-01 161527073 NEW YORK CREDIT UNION FOUNDATION NEWY 8003429835 PO BOX 15118 ALBANY NY 12212 EDWARD KOVALEFSKY CFO 5184378251 2023-08-31 1 EDWARD KOVALEFSKY 999009999 0 JUDITH J SORO P00743262 5184644080 2023-08-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDWARD KOVALEFSKY PO BOX 15118 ALBANY NY 12212 607892 0 X WWW.NYCUF.ORG X 1959 NY FOSTERING THE FINANCIAL INDEPENDENCE OF NEW YORKERS THROUGH CREDIT UNIONS. 15 15 0 0 0 0 160671 193521 0 0 17467 867 7775 32779 185913 227167 83113 111960 0 0 0 0 0 0 7960 60227 102336 143340 214296 42573 12871 1264207 1139016 98219 91513 1165988 1047503 THE MISSION IS TO SERVE CREDIT UNIONS, SCHOOLS AND COMMUNITY ORGANIZATIONS THAT IMPROVE THE FINANCIAL LITERACY AND INDEPENDENCE OF NEW YORKERS. 0 0 201438 111960 GRANTMAKING PROGRAMS INCLUDE PROFESSIONAL DEVELOPMENT GRANTS, FINANCIAL FITNESS GRANTS AND SMART MONEY GRANTS. PROFESSIONAL DEVELOPMENT GRANTS PROVIDE FUNDS FOR THE EDUCATION AND TRAINING OF CREDIT UNION EMPLOYEES AND VOLUNTEERS. FINANCIAL FITNESS GRANTS HELP FUND GENERAL OPERATING NEEDS OF CREDIT UNIONS THAT WILL ULTIMATELY HELP IMPROVE MEMBER SERVICE. SMART MONEY GRANTS HELP FUND PROGRAMS AND SERVICES THAT PROMOTE FINANCIAL LITERACY AND INDEPENDENCE. 201438 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X EDWARD KOVALEFSKY 8003429835 1021 WATERVLIET-SHAKER ROAD ALBANY NY 12205 X WILLIAM J MELLIN TRUSTEE 1.00 X 0 0 0 KALEB WILSON VICE CHAIRPERSON 1.00 X 0 0 0 MEAGHAN STRADER TRUSTEE 1.00 X 0 0 0 MARK WELSHOFF TRUSTEE 1.00 X 0 0 0 RICHARD YEAGER TREASURER 1.00 X 0 0 0 CRAIG BOOTH TRUSTEE 1.00 X 0 0 0 JAMES LANGER TRUSTEE 1.00 X 0 0 0 KATHYA PIERRE TRUSTEE 1.00 X 0 0 0 MEGAN SPADA TRUSTEE 1.00 X 0 0 0 LAURIE WIEST CHAIRPERSON 1.00 X 0 0 0 CHRISTINA SAUVE TRUSTEE 1.00 X 0 0 0 ROBYN YOUNG TRUSTEE 1.00 X 0 0 0 TIMOTHY BRUCULERE TRUSTEE 1.00 X 0 0 0 KASEY KIRK TRUSTEE 1.00 X 0 0 0 CAROL ALLEN TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 129160 64361 193521 24013 24013 337263 360409 -23146 -23146 -23146 53095 20316 32779 32779 227167 0 0 33646 111960 111960 9400 7426 752 1222 5410 5410 MANAGEMENT ALLOCATION 39500 31205 3160 5135 OTHER OPERATING EXPENSE 38029 35440 986 1603 YOUNG PROFESSIONAL DEVE 9997 9997 214296 201438 4898 7960 1902 13883 1258097 1114727 1126 9169 1497 39 1585 1198 1264207 1139016 11644 14100 86575 77413 98219 91513 X 577121 455100 588867 592403 1165988 1047503 1264207 1139016 X 12871 -131358 2 X X 0 1 X 1 0 X 200888 211117 149083 170045 55152 786285 200888 211117 149083 170045 55152 786285 786285 18280 27948 16292 3386 2470 68376 854661 0.92000 0.92440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 539723 0 0 0 539723 538723 1000 6953 6953 539723 538473 250 8175 8175 538723 532729 13451 13451 538473 532729 8351 8351 532729 1.00000 0 0 0 90399 -131358 -131358 221757 5410 5410 227167 208886 0 208886 5410 5410 214296 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO PROVIDE INVESTMENT INCOME TO BE USED BASED ON THE DONORS STATED PURPOSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH INCOME ON FINANCIAL STATMENT PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH INCOME ON FINANCIAL STATMENT FORM 990, PART VI, SECTION B, LINE 11B WITH THE ASSISTANCE OF THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, THE FORM 990 INCLUDING ALL RELATED SCHEDULES, IS PREPARED BY THE OUTSIDE FIRM OF BONADIO & COMPANY, LLP. IN CONJUNCTION WITH THE PREPARATION, THE FOUNDATION'S DIRECTOR IS ACTIVELY ENGAGED IN PREPARING RESPONSES WHERE WARRANTED, AS WELL AS REVIEWING THE OVERALL FORM 990 AND RELATED SCHEDULES. THE FINAL DRAFT OF THE FORM 990 AND ALL THE RELATED SCHEDULES IS REVIEWED BY THE ORGANIZATION'S AUDIT COMMITTEE. FINALLY, THE FORM 990 AND RELATED SCHEDULES IS MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTESS FOR REVIEW AND QUESTIONS. IN ACCORDANCE WITH SECTION 6104, THE FORM 990 AND REQUIRED SCHEDULES ARE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE ORGANIZATION'S TRUSTEE'S ARE EACH REQUIRED TO COMPLETE AND SUBMIT THE "CONFLICT OF INTEREST DISCLOSURE STATEMENT". THESE STATEMENTS ARE REVIEWED BY BOTH THE DIRECTOR AND THE GENERAL COUNSEL FOR ANY CONFLICTS. IN THE EVENT OF A CONFLICT, APPROPRIATE ACTION IS TAKEN. ALL STATEMENTS ARE KEPT ON FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 2. FORM 990, PART XII, LINE 2C THE PROCESS HAD NOT CHANGED FROM PRIOR YEARS. NEW YORK CREDIT UNION ASSOCIATION INC PO BOX 15118 ALBANY NY 122125118 135582889 TRADE ASSOCIATION NY 501(C) 6 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 NEW YORK CREDIT UNION ASSOCIATION INC P 39500 FMV