Worldscale Assoc Nyc Inc

New York, NY
Tax-exempt since April 1973
EIN: 13-2726793

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$1.68M (2024)

Expenses

$1.81M (2024)

Total Assets

$3.86M (2024)

Total Liabilities

$1.83M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,675,422

Expenses

$1,807,952

Net Income

-$132,530

Net Assets

$2,031,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,557,020	92.9%
Investment Income	$91,592	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$26,410	1.6%
Net Inventory Sales	$0
Other Revenue	$400	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$404,908	22.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$478,793	26.5%

Assets/Debt
Total Assets	$3,858,278
Total Liabilities	$1,826,358
Net Assets	$2,031,920

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Cumming (Executive Director)	$232,104	$0	$70,404
Elenor Mcgorty (Operations Director)	$152,103	$0	$64,374
Famatta Freeman (Manager Of Rates & Systems)	$114,946	$0	$29,032
Basil G Mavroleon (Chairman/President)	$5,000	$0	$0
Bruce Sullivan (Vice Chairman/Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Peter Howard Johnson Jr (Secretary)	$5,000	$0	$0
Clare Schmidt (Director)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on April 25, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$1,427,126

Expenses

$1,822,805

Net Income

-$395,679

Net Assets

$2,127,324

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,423,483	99.7%
Investment Income	$78,820	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$75,580
Net Inventory Sales	$0
Other Revenue	$403	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$542,201	29.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$504,865	27.7%

Assets/Debt
Total Assets	$3,878,449
Total Liabilities	$1,751,125
Net Assets	$2,127,324

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Cumming (Executive Director)	$232,239	$0	$68,557
Eleanor Mcgorty (Operations Director)	$152,238	$0	$62,557
Famatta Freeman (Manager Of Rates & Systems)	$114,946	$0	$28,278
Basil G Mavroleon (Chairman/President)	$5,000	$0	$0
Bruce Sullivan (Vice Chairman/Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Peter Howard Johnson Jr (Secretary)	$5,000	$0	$0
Daniel Mitchell (Director)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on Feb. 22, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$1,283,281

Expenses

$1,706,048

Net Income

-$422,767

Net Assets

$2,318,657

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,279,609	99.7%
Investment Income	$106,743	8.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$103,671
Net Inventory Sales	$0
Other Revenue	$600	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$486,226	28.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$531,270	31.1%

Assets/Debt
Total Assets	$4,101,775
Total Liabilities	$1,783,118
Net Assets	$2,318,657

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Cumming (Executive Director)	$207,359	$0	$65,011
Eleanor Mcgorty (Operations Director)	$132,358	$0	$59,511
Famatta Freeman (Manager Of Rates & Systems)	$110,944	$0	$25,954
Basil G Mavroleon (Chairman/President)	$5,000	$0	$0
Bruce Sullivan (Vice Chairman/Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Peter Howard Johnson Jr (Secretary)	$5,000	$0	$0
Daniel Mitchell (Director)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on March 13, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$1,511,407

Expenses

$1,781,247

Net Income

-$269,840

Net Assets

$3,058,560

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,317,343	87.2%
Investment Income	$114,205	7.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$46,489	3.1%
Net Inventory Sales	$0
Other Revenue	$33,370	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$541,554	30.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$446,533	25.1%

Assets/Debt
Total Assets	$4,064,845
Total Liabilities	$1,006,285
Net Assets	$3,058,560

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Cumming (Executive Director)	$197,556	$0	$53,154
Eleanor Mcgorty (Operations Director (From 5/1/21))	$122,940	$0	$46,192
Famatta Freeman (Manager Of Rates & Systems)	$110,945	$0	$23,444
Sara Bierman (Operations Director (Thru 4/30/21))	$77,481	$0	$4,202
Basil G Mavroleon (Chairman/President)	$5,000	$0	$0
Jason Bastis (Vice Chairman/Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Peter Howard Johnson (Secretary)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on March 2, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$1,521,744

Expenses

$1,805,654

Net Income

-$283,910

Net Assets

$3,413,936

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,370,223	90.0%
Investment Income	$156,784	10.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$5,263
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$581,014	32.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$479,294	26.5%

Assets/Debt
Total Assets	$4,635,181
Total Liabilities	$1,221,245
Net Assets	$3,413,936

Compensation

Key Employees and Officers	Compensation	Related	Other
Sara Bierman (Operations Director)	$164,751	$0	$26,974
Thomas Cumming (Executive Director (From 1/2020))	$151,959	$0	$46,123
David E Young (Executive Director (Retired 12/2020))	$122,745	$0	$37,732
Famatta Freeman (Manager Of Rates & Systems)	$111,713	$0	$24,191
Basil G Mavroleon (Chairman/President)	$5,000	$0	$0
Jason Bastis (Vice Chairman/Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Peter Howard Johnson (Secretary)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on April 26, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$1,342,623

Expenses

$1,905,764

Net Income

-$563,141

Net Assets

$3,612,483

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,373,885	> 100%
Investment Income	$167,966	12.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$199,228
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$427,780	22.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$649,068	34.1%

Assets/Debt
Total Assets	$4,888,014
Total Liabilities	$1,275,531
Net Assets	$3,612,483

Compensation

Key Employees and Officers	Compensation	Related	Other
Sara Bierman (Operations Director)	$146,668	$0	$42,858
Thomas Cumming (Port Costs Manager)	$143,647	$0	$44,216
David E Young (Executive Director)	$143,326	$0	$59,928
Basil G Mavroleon (President)	$5,000	$0	$0
Jason Bastis (Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
Peter Howard Johnson (Secretary)	$5,000	$0	$0
John Stichter (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on June 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$1,241,359

Expenses

$1,795,917

Net Income

-$554,558

Net Assets

$3,685,526

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,380,524	> 100%
Investment Income	$196,144	15.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$336,366
Net Inventory Sales	$0
Other Revenue	$1,057	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$370,962	20.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$593,077	33.0%

Assets/Debt
Total Assets	$5,083,293
Total Liabilities	$1,397,767
Net Assets	$3,685,526

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David E Young (Executive Director)	$167,587	$0	$22,221
Sara Bierman (Operations Director)	$126,930	$0	$19,224
Basil G Mavroleon (President)	$5,000	$0	$0
Jason Bastis (Vice President)	$5,000	$0	$0
Christoper C Young (Treasurer)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
Peter Howard Johnson (Secretary)	$5,000	$0	$0
Denis O'sullivan (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on June 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$1,640,856

Expenses

$1,762,018

Net Income

-$121,162

Net Assets

$4,434,496

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,388,813	84.6%
Investment Income	$177,153	10.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$23,000	1.4%
Net Inventory Sales	$0
Other Revenue	$51,890	3.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$463,081	26.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$499,936	28.4%

Assets/Debt
Total Assets	$5,649,353
Total Liabilities	$1,214,857
Net Assets	$4,434,496

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David E Young (Executive Director)	$213,906	$0	$46,259
Sara Bierman (Operations Director)	$146,230	$0	$21,686
Basil G Mavroleon (President)	$5,000	$0	$0
Jason Bastis (Vice President)	$5,000	$0	$0
Christoper C Young (Director)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
Peter Howard Johnson (Secretary)	$5,000	$0	$0
Denis O'sullivan (Treasurer)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on June 8, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,415,204

Expenses

$1,790,595

Net Income

-$375,391

Net Assets

$4,601,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,267,683	89.6%
Investment Income	$108,090	7.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,107	0.2%
Net Inventory Sales	$0
Other Revenue	$36,324	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$300,760	16.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$454,277	25.4%

Assets/Debt
Total Assets	$5,806,862
Total Liabilities	$1,205,589
Net Assets	$4,601,273

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David E Young (Executive Director)	$115,533	$0	$17,085
Sara Bierman (Operations Director)	$114,388	$0	$18,754
Basil G Mavroleon (President)	$5,000	$0	$0
Jason Bastis (Vice President)	$5,000	$0	$0
Christoper C Young (Director)	$5,000	$0	$0
Bruce Sullivan (Director)	$5,000	$0	$0
Peter Howard Jpohnson (Secretary)	$5,000	$0	$0
Denis O'sullivan (Treasurer)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on June 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$1,444,547

Expenses

$1,277,073

Net Income

$167,474

Net Assets

$4,835,271

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,304,981	90.3%
Investment Income	$97,995	6.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$34,518	2.4%
Net Inventory Sales	$0
Other Revenue	$7,053	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$138,255	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$424,947	33.3%

Assets/Debt
Total Assets	$5,999,938
Total Liabilities	$1,164,667
Net Assets	$4,835,271

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Sara Bierman (President)	$93,830	$0	$9,425
Basil G Mavroleon (Chairman)	$5,000	$0	$0
Jason Bastis (Vice Chair)	$5,000	$0	$0
Christoper C Young (Director)	$5,000	$0	$0
Jeffrey Goetz (Director)	$5,000	$0	$0
Peter Howard Jpohnson (Director)	$5,000	$0	$0
Denis O'sullivan (Director)	$5,000	$0	$0
Neil Mulhern (Director)	$5,000	$0	$0

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990

Filed on Aug. 2, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$1,347,651

Expenses

$1,248,295

Net Income

$99,356

Net Assets

$4,843,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,249,467	92.7%
Investment Income	$80,685	6.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,499	1.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$232,694	18.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$287,705	23.0%

Assets/Debt
Total Assets	$6,212,640
Total Liabilities	$1,369,334
Net Assets	$4,843,306

Compensation

Key Employees and Officers	Compensation	Related	Other
Sara Bierman (President)	$100,715	$0	$9,222
Famatta Freeman (Secretary)	$91,250	$0	$8,775
See Schedule Attached (Director)	$40,000	$0	$0

990

Filed on June 29, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$1,391,998

Expenses

$1,084,870

Net Income

$307,128

Net Assets

$4,749,350

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,281,276	92.0%
Investment Income	$77,541	5.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$33,181	2.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$230,906	21.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$267,589	24.7%

Assets/Debt
Total Assets	$5,901,381
Total Liabilities	$1,152,031
Net Assets	$4,749,350

Compensation

Key Employees and Officers	Compensation	Related	Other
Sara Bierman (President)	$97,725	$0	$19,458
Famatta Freeman (Secretary)	$90,695	$0	$19,143
See Schedule Attached (Director)	$40,000	$0	$0

990

Filed on Nov. 4, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$1,285,811

Expenses

$1,036,570

Net Income

$249,241

Net Assets

$4,466,982

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,277,393	99.3%
Investment Income	$51,519	4.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$43,101
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$181,570	17.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$274,525	26.5%

Assets/Debt
Total Assets	$5,591,307
Total Liabilities	$1,124,325
Net Assets	$4,466,982

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,337,150

Expenses

$991,097

Net Income

$346,053

Net Assets

$4,119,968

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,318,840	98.6%
Investment Income	$18,310	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$175,330	17.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$292,225	29.5%

Assets/Debt
Total Assets	$5,224,041
Total Liabilities	$1,104,073
Net Assets	$4,119,968

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Worldscale Assoc Nyc Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.68M (2024)

Expenses $1.81M (2024)

Total Assets $3.86M (2024)

Total Liabilities $1.83M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Revenue

$1.68M (2024)

Expenses

$1.81M (2024)

Total Assets

$3.86M (2024)

Total Liabilities

$1.83M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004