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Twenty Four Karat Club Of The City Of New York

Organization summary

Type of Nonprofit

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

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$956k (2025)

Expenses
$907k (2025)

Total Assets
$977k (2025)

Total Liabilities
$296k (2025)

Source: Form 990 tax filings from 2012 to 2025

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 March
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$956,317
Expenses
$907,270
Net Income
$49,047
Net Assets
$681,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $302,399
31.6%
Program Services $653,880
68.4%
Investment Income $38
0.0%
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 $50,000
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $977,091
Total Liabilities $295,972
Net Assets $681,119
Compensation
Key Employees and Officers Compensation Related Other
Sarin Bachmann (Director) $0 $0 $0
Eric Zuckerman (Director) $0 $0 $0
Steven Lagos (President) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Monica Elias (Director) $0 $0 $0
Glenn Markman (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Nathalie Diamantis (Director) $0 $0 $0
Michael Benavente (Vice President) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Stacie Orloff (Director) $0 $0 $0
Jeffrey Cohen (Chairman) $0 $0 $0
Charles Stanley (Director) $0 $0 $0
Ronnie Vanderlinden (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$910,624
Expenses
$834,675
Net Income
$75,949
Net Assets
$632,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $313,689
34.4%
Program Services $596,895
65.5%
Investment Income $40
0.0%
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 $37,500
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $874,228
Total Liabilities $242,156
Net Assets $632,072
Compensation
Key Employees and Officers Compensation Related Other
Sarin Bachmann (Director) $0 $0 $0
Eric Zuckerman (Director) $0 $0 $0
Steven Lagos (Vice President) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Glenn Markman (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Nathalie Diamantis (President) $0 $0 $0
Yogesh K Madhvani (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Stacie Orloff (Director) $0 $0 $0
Jeffrey Cohen (Chairman) $0 $0 $0
Charles Stanley (Director) $0 $0 $0
Ronnie Vanderlinden (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$875,458
Expenses
$744,770
Net Income
$130,688
Net Assets
$556,123
Notable Sources of Revenue Percent of Total Revenue
Contributions $293,631
33.5%
Program Services $581,680
66.4%
Investment Income $147
0.0%
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 $42,500
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $807,526
Total Liabilities $251,403
Net Assets $556,123
Compensation
Key Employees and Officers Compensation Related Other
Sarin Bachmann (Director) $0 $0 $0
Robert Kempler (Chairman) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Myriam Gumuchian Schreiber (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Nathalie Diamantis (Director) $0 $0 $0
Yogesh K Madhvani (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Stewart E B Wicht (Director) $0 $0 $0
Jeffrey Cohen (President) $0 $0 $0
Charles Stanley (Vice President) $0 $0 $0
Ronnie Vanderlinden (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$644,781
Expenses
$844,676
Net Income
-$199,895
Net Assets
$337,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $173,281
26.9%
Program Services $471,467
73.1%
Investment Income $33
0.0%
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 $40,000
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $666,058
Total Liabilities $328,123
Net Assets $337,935
Compensation
Key Employees and Officers Compensation Related Other
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Myriam Gumuchian Schreiber (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Yogesh K Madhvani (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Lawrence Pettinelli (Director) $0 $0 $0
Stewart E B Wicht (Director) $0 $0 $0
Jeffrey Cohen (President) $0 $0 $0
Charles Stanley (Vice President) $0 $0 $0
Ronnie Vanderlinden (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$251,461
Expenses
$78,417
Net Income
$173,044
Net Assets
$537,830
Notable Sources of Revenue Percent of Total Revenue
Contributions $251,381
100.0%
Program Services $0
Investment Income $80
0.0%
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 $40,000
51.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $663,036
Total Liabilities $125,206
Net Assets $537,830
Compensation
Key Employees and Officers Compensation Related Other
Robert Kempler (Chairman) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Myriam Gumuchian (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Marcee Feinberg (Director) $0 $0 $0
Edward Decristofaro (President) $0 $0 $0
Lawrence Pettinelli (Director) $0 $0 $0
Stewart E B Wicht (Director) $0 $0 $0
Jeffrey Cohen (Vice President) $0 $0 $0
Charles Stanley (Member At Large) $0 $0 $0
Ronnie Vanderlinden (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$917,820
Expenses
$871,380
Net Income
$46,440
Net Assets
$364,786
Notable Sources of Revenue Percent of Total Revenue
Contributions $269,669
29.4%
Program Services $648,096
70.6%
Investment Income $55
0.0%
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 $40,000
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $574,499
Total Liabilities $209,713
Net Assets $364,786
Compensation
Key Employees and Officers Compensation Related Other
Brian Fleming (Director) $0 $0 $0
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Chairperson) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Myriam Gumuchian (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Marcee Feinberg (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Fran Mastoloni (Director) $0 $0 $0
Lawrence Pettinelli (President) $0 $0 $0
Stewart E B Wicht (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$983,245
Expenses
$921,706
Net Income
$61,539
Net Assets
$298,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $283,562
28.8%
Program Services $699,610
71.2%
Investment Income $73
0.0%
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 $40,000
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $507,502
Total Liabilities $209,021
Net Assets $298,481
Compensation
Key Employees and Officers Compensation Related Other
Brian Fleming (Director) $0 $0 $0
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Chairperson) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Ann Arnold (Director) $0 $0 $0
Myriam Gumuchian (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Marcee Feinberg (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Fran Mastoloni (Director) $0 $0 $0
Lawrence Pettinelli (President) $0 $0 $0
Stewart E B Wicht (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$929,270
Expenses
$855,685
Net Income
$73,585
Net Assets
$236,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $249,984
26.9%
Program Services $679,230
73.1%
Investment Income $56
0.0%
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 $40,000
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $662,950
Total Liabilities $426,008
Net Assets $236,942
Compensation
Key Employees and Officers Compensation Related Other
Brian Fleming (Director) $0 $0 $0
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
John Kennedy (Secretary) $0 $0 $0
Todd Wolleman (Director) $0 $0 $0
Myriam Gumuchian (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Richard C Reuter (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Fran Mastoloni (Director) $0 $0 $0
Lawrence Pettinelli (Vice President) $0 $0 $0
Randy Vanderlinden (President) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$949,029
Expenses
$976,308
Net Income
-$27,279
Net Assets
$163,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $243,427
25.7%
Program Services $705,547
74.3%
Investment Income $55
0.0%
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 $40,000
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $357,435
Total Liabilities $194,078
Net Assets $163,357
Compensation
Key Employees and Officers Compensation Related Other
John Kennedy (Secretary) $40,000 $0 $0
Brian Fleming (Director) $0 $0 $0
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
Todd Wolleman (Director) $0 $0 $0
Myriam Gumuchian (Director) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (President) $0 $0 $0
Richard C Reuter (Director) $0 $0 $0
Edward Decristofaro (Director) $0 $0 $0
Michael Toback (Chairperson) $0 $0 $0
Dennis Ulrich (Director) $0 $0 $0
Randy Vanderlinden (Vice President) $0 $0 $0
Nancy Weinrich (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$984,662
Expenses
$1,053,766
Net Income
-$69,104
Net Assets
$190,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $250,375
25.4%
Program Services $734,240
74.6%
Investment Income $47
0.0%
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 $40,000
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $653,895
Total Liabilities $463,259
Net Assets $190,636
Compensation
Key Employees and Officers Compensation Related Other
John Kennedy (Secretary) $40,000 $0 $0
Brian Fleming (Director) $0 $0 $0
Robert Kempler (Director) $0 $0 $0
Jeffrey Fischer (Director) $0 $0 $0
Todd Wolleman (Director) $0 $0 $0
Myriam Gumuchian (President) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Vice President) $0 $0 $0
Richard C Reuter (Director) $0 $0 $0
Michael Toback (Chairperson) $0 $0 $0
Dennis Ulrich (Director) $0 $0 $0
Randy Vanderlinden (Director) $0 $0 $0
Nancy Weinrich (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$982,914
Expenses
$965,127
Net Income
$17,787
Net Assets
$259,740
Notable Sources of Revenue Percent of Total Revenue
Contributions $201,813
20.5%
Program Services $781,045
79.5%
Investment Income $56
0.0%
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 $32,500
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $448,218
Total Liabilities $188,478
Net Assets $259,740
Compensation
Key Employees and Officers Compensation Related Other
John Kennedy (Secretary) $32,500 $0 $0
Brian Fleming (Trustee) $0 $0 $0
Robert Klempler (Trustee) $0 $0 $0
Jeffrey Fischer (President) $0 $0 $0
Todd Wolleman (Director) $0 $0 $0
Myriam Gumuchian (Vice President) $0 $0 $0
Jeff Bergman (Treasurer) $0 $0 $0
Steven Kaiser (Director) $0 $0 $0
Harvey 'Oconnor (Director) $0 $0 $0
Thomas Tanury (Director) $0 $0 $0
Michael Toback (Chairperson) $0 $0 $0
Dennis Ulrich (Director) $0 $0 $0
Randy Vanderlinden (Director) $0 $0 $0
Nancy Weinrich (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$833,777
Expenses
$905,748
Net Income
-$71,971
Net Assets
$241,953
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,832
20.6%
Program Services $661,830
79.4%
Investment Income $115
0.0%
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 $30,000
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $387,903
Total Liabilities $145,950
Net Assets $241,953
Compensation
Key Employees and Officers Compensation Related Other
John Kennedy (Secretary) $30,000 $0 $0
Brian Fleming (President) $0 $0 $0
Robert Klempler (Vice President) $0 $0 $0
Ann Arnold (Treasurer) $0 $0 $0
Todd Wolleman (Director) $0 $0 $0
Alan Kleinberg (Director) $0 $0 $0
Richard Greenwood (Director) $0 $0 $0
Harvey 'Oconnor (Director) $0 $0 $0
Thomas Tanury (Chairman) $0 $0 $0
Frederic Hammerle (Director) $0 $0 $0
Michael Toback (Director) $0 $0 $0
Peter Fuller (Director) $0 $0 $0
Aron Suna (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$824,830
Expenses
$825,546
Net Income
-$716
Net Assets
$313,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,341
20.8%
Program Services $653,391
79.2%
Investment Income $98
0.0%
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 $30,000
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $438,862
Total Liabilities $124,938
Net Assets $313,924

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$781,164
Expenses
$830,364
Net Income
-$49,200
Net Assets
$314,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $161,392
20.7%
Program Services $619,584
79.3%
Investment Income $188
0.0%
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 $30,000
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $445,434
Total Liabilities $130,794
Net Assets $314,640

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

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

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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