Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
20 people listed on the 990; $867K paid to officers and key staff.
Julie Samuels’s $424K as President/Secretary/CEO is at the 94th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Julie Samuels | $423,958 | $364,188 | $111,463 | $263,127 | $260,980 |
| Jason Clark | — | — | $310,612 | — | — |
| Sarah Brown | $285,000 | $222,875 | $222,222 | $172,320 | $170,786 |
| Julian Kline | — | $162,917 | $115,965 | — | — |
| Marjorie Velazquez | $133,736 | — | — | — | — |
| Bryan Lozano | $117,727 | — | — | — | — |
| Alisa McCall | $111,250 | — | — | — | — |
| Tyler Bugg | — | $109,596 | $107,000 | $102,409 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps New York become the best place to build and grow technology companies.
Questions for Technyc INC
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In 2022, Tech
Nyc worked to support ny tech companies as they returned to the office and recovered from COVID-19, and new york as new leadership took hold in city hall, the city council, and in albany. As in years past, tech:nyc continued to advocate for policies to grow new york's tech sector.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $175K |
| Land, buildings, equipmentLn 10c | $4K | $11K |
| Total assetsLn 16 | $1.4M | $699K |
| LiabilitiesLn 26 | $1.1M | $847K |
| Net assetsLn 32 | $267K | −$148K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $677K | |||
| Other salaries and wagesLn 7 | $327K | |||
| Other employee benefitsLn 9 | $45K | |||
| Payroll taxesLn 10 | $62K | |||
| Legal feesLn 11b | $18K | |||
| Accounting feesLn 11c | $4K | |||
| Other fees for servicesLn 11g | $603K | |||
| Advertising and promotionLn 12 | $800 | |||
| Office expensesLn 13 | $12K | |||
| Information technologyLn 14 | $47K | |||
| OccupancyLn 16 | $40K | |||
| TravelLn 17 | $44K | |||
| Conferences, conventions and meetingsLn 19 | $69K | |||
| Depreciation, depletion and amortizationLn 22 | $1K | |||
| InsuranceLn 23 | $5K | |||
| Other expenses (24a–d)Ln 24 | $26K | |||
| Total functional expensesLn 25 | $2.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $3.9M | $3.5M | $446K | $383K | 990 PDF |
| FY2023 | $2.0M | $1.9M | $101K | −$46K | 990 PDF |
| FY2022 Viewing | $1.6M | $2.0M | −$415K | −$148K | 990 PDF |
| FY2021 | $1.3M | $1.3M | −$49K | $267K | 990 PDF |
| FY2020 | $1.3M | $1.2M | $144K | $316K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,568,549 revenue, 12 lines filed
Part VI · Governance 12 of 13 board members independent, 3 to look at
Part VIII · Statement of revenue $1,568,549 across 4 lines filed
Part IX · Statement of functional expenses $1,983,774 across 16 lines filed
Part X · Balance sheet $698,871 assets, 11 lines filed
Part XI · Reconciliation of net assets −$147,741 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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