2025-08-18T15:17:10-05:00 2024-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-01-01 131655225 THE ECONOMIC CLUB OF NEW YORK ECON 2129477738 ONE EAST 53RD STREET SUITE 5 NORTH NEW YORK NY 10022 BARBARA M VAN ALLEN PRESIDENT & CEO 2129477738 2025-08-11 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 2025-03-06 01:10:19Z X BARBARA M VAN ALLEN ONE EAST 53RD STREET SUITE 5 NORTH NEW YORK NY 10022 4847348 0 X WWW.ECONCLUBNY.ORG X 1907 NY THE ECONOMIC CLUB OF NEW YORK IS A NONPROFIT, NONPARTISAN, NONPOLITICAL ORGANIZATION DEDICATED TO THE PROMOTION OF THE STUDY AND DISCUSSION OF SOCIAL, ECONOMIC AND POLITICAL QUESTIONS. FOR MORE THAN A CENTURY, THE CLUB HAS SERVED AS THE PREMIER PUBLIC FORUM FOR THOUGHT LEADERS OF THE UNITED STATES AND THE WORLD, TO EXPRESS A DIVERSE SET OF VIEWS AND OPINIONS IN A FREE AND OPEN ENVIRONMENT. BY EMBRACING AND PROMOTING FREE EXPRESSION OF DIVERSE VIEWS AND OPINIONS, THE CLUB EFFECTIVELY ACTS AS A CATALYST FOR INNOVATION IN THOUGHT AND IDEAS IMPACTING SOCIAL, ECONOMIC AND POLITICAL ISSUES FACING SOCIETY. 20 20 10 20 0 0 2585733 2203068 1758298 2189708 427041 344103 0 0 4771072 4736879 0 0 0 0 2297269 2190003 0 0 0 1373611 1756716 3670880 3946719 1100192 790160 10927175 13203846 368749 616357 10558426 12587489 X THE ECONOMIC CLUB OF NEW YORK IS A NONPROFIT, NONPARTISAN, NONPOLITICAL ORGANIZATION DEDICATED TO THE PROMOTION OF THE STUDY AND DISCUSSION OF SOCIAL, ECONOMIC AND POLITICAL QUESTIONS. FOR MORE THAN A CENTURY, THE CLUB HAS SERVED AS THE PREMIER PUBLIC FORUM FOR THOUGHT LEADERS OF THE UNITED STATES AND THE WORLD, TO EXPRESS A DIVERSE SET OF VIEWS AND OPINIONS IN A FREE AND OPEN ENVIRONMENT EFFECTIVELY ACTING AS A CATALYST FOR INNOVATION IN THOUGHT AND IDEAS IMPACTING SOCIAL, ECONOMIC AND POLITICAL ISSUES FACING SOCIETY. 0 0 2290975 1867708 SIGNATURE LUNCHEONS AND OTHER EVENT TYPES: IN 2024, MORE THAN 4,000 MEMBERS AND GUESTS ATTENDED OUR 44 SIGNATURE EVENTS WHICH, AMONG MANY OTHERS, INCLUDED CONVERSATIONS WITH DONALD J TRUMP THE 45TH PRESIDENT OF THE UNITED STATES, CEO OF JP MORGAN CHASE JAMIE DIMON AND THE CEO OF CITADEL KEN GRIFFIN. IN ADDITION, THE CLUB RECOGNIZED THE UNITED STATES SECRETARY OF TREASURY JANET YELLEN WITH THE PETERSON LEADERSHIP EXCELLENCE AWARD. 730300 140000 MEMBERSHIP, CENTENNIAL & SALON: FOR OVER 118 YEARS, THE CLUB'S MEMBERS, DRAWN FROM SENIOR PUBLIC AND PRIVATE LEADERS, HAVE HAD THE OPPORTUNITY TO ENGAGE WITH EXPERT GUEST SPEAKERS INCLUDING ECONOMIC POLICYMAKERS, BUSINESS LEADERS AND GOVERNMENT OFFICIALS. THE CENTENNIAL SOCIETY IS CONSIDERED THE FINANCIAL BACKBONE OF THE CLUB AND PROVIDES A FORUM FOR OUR MOST ACTIVE MEMBERS TO CONNECT WITH EACH OTHER AND TO PROMOTE THE CLUB AS THE PREMIER NONPOLITICAL PUBLIC FORUM FOR THOUGHT LEADERS TO EXPRESS DIVERSE VIEWS AND OPINIONS IN A FREE AND OPEN ENVIRONMENT. CENTENNIAL SOCIETY MEMBERS ALSO HAVE THE OPPORTUNITY TO PARTICIPATE IN A SPECIAL OFF-THE-RECORD SALON SERIES. SALON SERIES SPEAKERS IN 2024 INCLUDED MIKE MCCORD, GARRY KASPAROV, STU EIZENSTAT, AND AUSTRALIAN AMBASSADOR KEVIN RUDD. 190738 182000 NEXT GENERATION: THE CLUB IS COMMITTED TO DEVELOPING TALENTED BUSINESS AND ECONOMIC LEADERS THROUGHOUT THE VARIOUS STAGES OF THEIR CAREERS. THIS PIPELINE INCLUDES COMPLIMENTARY EVENT TICKETS FOR STUDENTS, SPECIALIZED PROGRAMMING FOR RISING EXECUTIVES WITH 7 TO 15 YEARS OF EXPERIENCE (ECNY FELLOWS), AND A TERMED MEMBERSHIP FOR MID-LEVEL EXECUTIVES UNDER THE AGE OF 45 (ASSOCIATE MEMBERS). IN 2024, NEARLY 2,000 STUDENTS FROM MORE THAN 15 COLLEGES AND UNIVERSITIES WERE INVITED TO ATTENDED ECNY EVENTS. THERE WERE 87 FELLOWS IN THE NYC CLASS OF 2024 AND 8 ADDITIONAL FELLOWS IN THE NATIONAL FELLOWS PROGRAM. ASSOCIATE MEMBERS ARE MID-LEVEL EXECUTIVES UNDER THE AGE OF 45 WHO GAIN ACCESS TO THE CLUB'S NETWORKING RESOURCES AND UNPARALLELED EVENTS FOR A 5-YEAR TERM. IN 2024, THE CLUB HAD 136 ASSOCIATE MEMBERS. 3212013 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ELIZABETH SIMONE CONTROLLER 2129477738 ONE EAST 53RD STREET SUITE 5 NORTH NEW YORK NY 10022 ROBERT STEEL CHAIR 1.00 X X 0 0 0 ARVIND KRISHNA VICE CHAIR 1.00 X X 0 0 0 DAMBISA MOYO VICE CHAIR 1.00 X X 0 0 0 DAN SCHULMAN VICE CHAIR 1.00 X X 0 0 0 EDWARD COX SECRETARY 1.00 X X 0 0 0 RACHEL MOORE TREASURER 1.00 X X 0 0 0 JOHN C WILLIAMS CHAIR EMERITUS 1.00 X X 0 0 0 MARIE JOSEE KRAVIS CHAIR EMERITUS 1.00 X X 0 0 0 LEE AINSLIE III TRUSTEE 1.00 X 0 0 0 STEPHANIE COHEN TRUSTEE 1.00 X 0 0 0 THASUNDA BROWN DUCKETT TRUSTEE 1.00 X 0 0 0 SANDER GERBER TRUSTEE 1.00 X 0 0 0 PETER GRAUER TRUSTEE 1.00 X 0 0 0 JOHN HESS TRUSTEE 1.00 X 0 0 0 ERIKA JAMES TRUSTEE 1.00 X 0 0 0 WILLIAM M LEWIS TRUSTEE 1.00 X 0 0 0 N GREGORY MANKIW TRUSTEE 1.00 X 0 0 0 DANIEL NEFF TRUSTEE 1.00 X 0 0 0 DEVEN PAREKH TRUSTEE 1.00 X 0 0 0 CHARLES PHILLIPS TRUSTEE 1.00 X 0 0 0 JOHN W ROGERS TRUSTEE 1.00 X 0 0 0 RESHMA SAUJANI TRUSTEE 1.00 X 0 0 0 JEFF SCHOENFELD TRUSTEE 1.00 X 0 0 0 BARBARA VAN ALLEN PRESIDENT & CEO 50.00 X 806400 0 19893 CELINE CLARKE CHIEF OF STAFF 25.00 X 219809 0 17323 ELIZABETH SIMONE CONTROLLER 40.00 X 152000 0 56313 GINA FEAZELLE DIR. OF MEMBERSHIP & MARKETING 40.00 X 141000 0 47485 LAUREN BAER SENIOR DIRECTOR OF EVENTS 40.00 X 124193 0 14242 1443402 0 155256 5 0 1 0 0 1493089 709979 59718 2203068 EDUCATIONAL PROGRAMS 900099 1784439 1784439 NEW MEMBER INITIATION FEES 900099 207311 207311 FELLOWS PROGRAM 900099 197958 197958 2189708 318014 318014 136558 110469 26089 26089 26089 4736879 2189708 0 344103 826293 627330 198963 904176 686953 217223 74631 55006 19625 279406 205934 73472 105497 80152 25345 30221 9089 21132 35500 10677 24823 114457 34424 80033 34771 27818 6953 62278 49822 12456 103706 82965 20741 2917 2334 583 8705 6965 1740 30188 24150 6038 EDUCATIONAL PROGRAMS 1206079 1206079 BANK FEES 96272 77016 19256 OTHER 27935 22349 5586 EQUIPMENT & MAINTENANCE 3687 2950 737 3946719 3212013 734706 0 400 400 492997 468674 252416 204742 23091 27157 218754 94639 15498 124115 10136232 12080891 6541 297867 10927175 13203846 265998 149045 102751 177946 0 289366 368749 616357 X 10478426 12527489 80000 60000 10558426 12587489 10927175 13203846 790160 1238903 0 X 0 1 X 1 0 X 2062793 2383044 2248422 2585733 2203068 11483060 1082682 952400 937867 1758298 2189708 6920955 3145475 3335444 3186289 4344031 4392776 18404015 60000 130000 110000 25000 160000 485000 0 60000 130000 110000 25000 160000 485000 17919015 130052 137505 162449 252010 318014 1000030 130052 137505 162449 252010 318014 1000030 2130 2130 3277657 3472949 3348738 4596041 4710790 19406175 0.92340 0.92450 0.05150 0.04530 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 2,130. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9874505 585000 1549975 408042 11601438 8151869 795000 1284140 356504 9874505 9248179 545000 -1382052 259258 8151869 7599514 585000 1190459 126794 9248179 6282128 560000 928533 171147 7599514 0.99500 0.00500 0 0 115931 94639 21292 102823 102823 124115 OPERATING LEASE PAYABLE 289366 289366 6044193 1238903 68411 1307314 4736879 0 4736879 4015130 68411 68411 3946719 0 3946719 PART V, LINE 4: IN 2006, THE CLUB CREATED THE CENTENNIAL FUND (THE "FUND") TO ENSURE THE CLUB'S PERPETUATION AS A FORUM FOR A FREE AND OPEN DISCUSSION OF TOPICS IMPACTING THE WORLD BODY POLITIC A TRADITION AND PRACTICE THAT HAS BEEN ONGOING SINCE 1907. THE FUND IS DIRECTED BY THE CLUB'S BOARD OF TRUSTEES. IT IS INTENDED THAT THE FUND CONTINUE INDEFINITELY, SUBJECT TO THE MISSION OF THE CLUB, AND OTHER THAN THE SPENDING POLICY OF THE FUND, ALL EXPENDITURES FROM THE FUND, WHETHER FROM INCOME AND/OR PRINCIPAL, MUST BE AUTHORIZED BY A TWO THIRDS MAJORITY VOTE BY THE BOARD OF TRUSTEES. X X X X 0 0 0 0 0 0 0 0 0 BARBARA VAN ALLEN PRESIDENT & CEO 505500 0 255000 0 45900 0 15250 0 4643 0 826293 0 0 0 CELINE CLARKE CHIEF OF STAFF 149000 0 37500 0 33309 0 15250 0 2073 0 237132 0 0 0 ELIZABETH SIMONE CONTROLLER 127500 0 24500 0 0 0 15250 0 41063 0 208313 0 0 0 GINA FEAZELLE DIR. OF MEMBERSHIP & MARKETING 123500 0 17500 0 0 0 7980 0 39505 0 188485 0 0 0 X 2 59718 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ECONOMIC CLUB OF NEW YORK WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A AT ANY MEETING OF THE CLUB, EACH MEMBER OF THE CLUB SHALL BE ENTITLED TO ONE VOTE AND ALL QUESTIONS, EXCEPT AS OTHERWISE REQUIRED BY-LAWS, SHALL BE DECIDED BY THE VOTE OF THE MEMBERS WHO SHALL BE PRESENT AT THE MEETING IN PERSON OR BY PROXY AND SHALL VOTE THEREON. ELECTION OF BOARD OF TRUSTEES AND PRESIDENT ARE APPROVED BY MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B ANY BY-LAW ADOPTED BY MEMBERS WHICH PROVIDES THAT IT MAY NOT BE AMENDED OR REPEALED BY THE BOARD MAY BE AMENDED OR REPEALED ONLY BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 HAS BEEN PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO THE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REQUIRES THAT A CONFLICT OF INTEREST STATEMENT BE SIGNED ANNUALLY AND REQUIRES DISCLOSURE OF ALL CONFLICTING RELATIONSHIPS THAT OCCUR WITHIN THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS EACH EMPLOYEE'S EVALUATION; DISCUSSES PERFORMANCE; PROPOSES PAY INCREASES AND BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.