Hub-third Ave Merchants District Management Association Inc
Only null% goes to programs Declining revenue
Hub-third Ave Merchants District Management Association Inc is a 501(c)(3) organization based in Bronx, New York, registered in 1999, with $466,427 in FY2023 revenue. CharityIndex grades it B.
2825 3rd Ave Ste 3, Bronx, NY, 10455 EIN 13-3455415 Since 1999
Revenue (FY2023)
$466K
▼ 27.0% vs prior year
Community median: $184K
Expenses (FY2023)
$280K
Net assets
$70K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hub-third Ave Merchants District Management Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hub-third Ave Merchants District Management Association Inc: 3 mo reserves · +40% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hub-third Ave Merchants District Management Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hub-third Ave Merchants District Management Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2825 3rd Ave Ste 3, Bronx, NY, 10455
- City
- Bronx
- State
- New York
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $456K (FY2013) to $466K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $11KNet assets $70K
Operating margin
40.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$82K
Total liabilities
$11K
Net assets
$70K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $466,427▼27.0% | $279,690▼64.5% | $70,185▲160% | $81,607▲629% | 990 |
| 2022 | $638,949▼25.0% | $788,118▼23.6% | -$116,551▼457% | $11,197▼92.3% | 990 |
| 2021 | $852,367▼37.9% | $1,032,211▼29.8% | $32,618▼84.6% | $144,714▼54.5% | 990 |
| 2020 | $1,372,906▲8.5% | $1,470,756▲56.1% | $212,462▼31.5% | $318,046▼39.3% | 990 |
| 2019 | $1,265,834▲59.9% | $942,080▲29.8% | $310,312▲2409% | $524,302▲883% | 990 |
| 2018 | $791,759▲35.3% | $725,822▲10.3% | -$13,442▲83.1% | $53,337▲888% | 990 |
| 2017 | $585,338▲29.2% | $658,236▲26.0% | -$79,379▼1125% | $5,398▼59.8% | 990 |
| 2016 | $453,045▲0.2% | $522,373▲17.1% | -$6,481▼110% | $13,429▼83.2% | 990 |
| 2015 | $452,209▼0.3% | $445,932▼11.0% | $62,847▲11.1% | $80,054▲17.8% | 990 |
| 2014 | $453,736▼0.4% | $500,807▲11.5% | $56,570▼45.4% | $67,986▼36.4% | 990 |
| 2013 | $455,541 | $449,090▲0.1% | $103,641▲6.6% | $106,941▲6.4% | 990 |
| 2012 | — | $448,728 | $97,190 | $100,490 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $475K total
3 grants to Hub-third Ave Merchants District Management Association Inc totaling $475K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Human services | 2019 | $450,000 |
| Montefiore Medical Center | Sponsorship | 2019 | $15,000 |
| Montefiore Medical Center | Sponsorship | 2018 | $10,000 |
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Frequently asked questions
- Is Hub-third Ave Merchants District Management Association Inc a legitimate nonprofit?
- Yes. Hub-third Ave Merchants District Management Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3455415, based in Bronx, New York. Donations are tax-deductible.
- What is Hub-third Ave Merchants District Management Association Inc's EIN?
- Hub-third Ave Merchants District Management Association Inc's Employer Identification Number (EIN) is 13-3455415.
- How much revenue does Hub-third Ave Merchants District Management Association Inc report?
- Hub-third Ave Merchants District Management Association Inc reported $466,427 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hub-third Ave Merchants District Management Association Inc have?
- CharityIndex grades Hub-third Ave Merchants District Management Association Inc B, based on financial health (reserves and operating margin).
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Data for Hub-third Ave Merchants District Management Association Inc (EIN 13-3455415) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.