Council Of Fashion Designers Of America Inc in New York, New York (NY)

Table of contents:

Organization representatives - add corrected or new information about Council Of Fashion Designers Of America Inc »

Non-representatives - add comments about Council Of Fashion Designers Of America Inc»

Council Of Fashion Designers Of America Inc
Employer Identification Number (EIN)136214741
Name of OrganizationCouncil Of Fashion Designers Of America Inc
Address1412 Broadway Rm 2006, New York, NY 10018-9250
ActivitiesBusiness promotion (chamber of commerce, business league, etc., Board of trade
SubsectionBusiness League
Ruling Date02/1986
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,625,801
Amount of Income$1,383,550
Form 990 Revenue Amount$1,336,613
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 54.224.79.93 will be logged.

Amount of income in 2010: $1,383,550
Council Of Fashion Designers Of America Inc: 

 $1,383,550
Other organizations performing similar types of work: 

 $171,536

Assets in 2010: $1,625,801
Council Of Fashion Designers Of America Inc: 

 $1,625,801
Other organizations performing similar types of work: 

 $144,612

Expenses in 2007: $1,001,926
Council Of Fashion Designers Of America Inc: 

 $1,001,926
Other organizations performing similar types of work: 

 $1,119,284

Income to expenses ratio in 2007: 1.1
Council Of Fashion Designers Of America Inc: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2007: 8
This organization: 

 8
Other organizations performing similar types of work: 

 33

Employees paid over $50,000 in 2007: 12.5%
Council Of Fashion Designers Of America Inc: 

 12.5%
Other organizations performing similar types of work: 

 2.3%

Grants share in income in 2007: 39.3%
Council Of Fashion Designers Of America Inc: 

 39.3%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200520062007
Total revenue$189,581$124,208$430,611$451,892$661,504$771,722$1,082,875
Contributions, gifts, grants, and similar amounts received$189,465$0$333,187$222,801$409,335$419,287$425,853
Contributions to donor advised funds$0$0
Direct public support$189,465$0$100,000$222,801$409,335$419,287$425,853
Indirect public support$0$0$233,187$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0$0
Membership dues and assessments$0$124,208$106,200$219,300$236,330$344,900$643,550
Interest on savings and temporary cash investments$116$0$7,086$13,167$8,839$7,535$8,314
Dividends and interest from securities$0$0$1,263$193$0$0$7,635
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$-17,125$-3,569$0$0$-2,477
Gross amount from sales of assets other than inventory$0$0$54,701$114,159$0$0$655,019
Less: cost or other basis and sales expenses$0$0$71,826$117,728$0$0$657,496
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$0$0$0$0$7,000$0$0
Total expenses$150,903$181,889$357,804$603,311$624,014$721,571$1,001,926
Program services$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$70,314$12,633$94,646$-62,350$-141,987$-91,065$-1,751
Excess or (deficit) for the year$38,678$-57,681$72,807$-151,419$37,490$50,151$80,949
Net assets or fund balances at beginning of year$31,636$70,314$12,633$94,646$-175,790$-141,987$-91,065
Other changes in net assets or fund balances$0$0$9,206$-5,577$-3,687$771$8,365
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,001,926$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$133,750
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$69,495$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$233,862$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$20,979$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$6,750$0$0$0
Legal fees$35,409$0$0$0
Supplies$0$0$0$0
Telephone$16,145$0$0$0
Postage and shipping$9,582$0$0$0
Occupancy$60,975$0$0$0
Equipment rental and maintenance$10,030$0$0$0
Printing and publications$12,514$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$34,208$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$4,378$0$0$0
Other expenses not covered above$353,849$0$0$0
Balance Sheets
2000200120022003200520062007
Total assets$70,763$31,023$375,693$407,965$507,982$1,024,045$2,108,978
Cash - non-interest-bearing$14,813$1,201$17,285$47,481$86,826$455,483$1,250,620
Savings and temporary cash investments$0$0$109,435$204,874$172,239$181,084$123,611
Accounts receivable less allowance for doubtful accounts$21,195$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$187,551$149,379$105,908
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$1,470$3,500$3,500$3,500$2,772$182,392$3,136
Investments - publicly-traded securities$41,122$614,196
Investments - other securities$0$0$223,438$132,211$41,661$0$0
Investments - land, buildings, and equipment less accumulated depreciation$27,759$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$20,796$16,509$14,373$11,407$9,059$5,981
Other assets, including program-related investments$5,526$5,526$5,526$5,526$5,526$5,526$5,526
Total liabilities$449$18,390$281,047$470,315$649,969$1,115,110$2,110,729
Accounts payable and accrued expenses$449$96$0$0$26,542$15,055$73,678
Grants payable$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$0$18,294$281,047$470,315$623,427$1,100,055$2,037,051
Total liabilities and net assets/fund balances$70,763$31,023$375,693$407,965$507,982$1,024,045$2,108,978
Total net assets or fund balances$70,314$12,633$94,646$-62,350$-141,987$-91,065$-1,751
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200520062007
Total revenue$189,581$124,208$430,611$451,892$661,504$771,722$1,082,875
Total revenue, gains, and other support per audited financial statements$189,581$124,208$430,611$451,892$657,817$772,493$1,097,832
Other expenses$0$0$0$0$-3,687$771$8,365
Net unrealized gains on investments$0$0$0$0$-3,687$771$8,365
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$-6,592
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$-6,592
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200520062007
Total expenses$150,903$181,889$357,804$603,311$624,014$721,571$1,001,926
Total expenses and losses per audited financial statements$150,903$181,889$357,804$603,311$624,014$721,571$1,008,518
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$-6,592
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$-6,592
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$67,687$1,808$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings27
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?Yes
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20068
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$13,472$643,550
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$643,550
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$8,314$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$7,635$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$099$-2,477$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
1999200020012002200420052006
Total$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Gs1 Us Inc1009 Lenox Dr Ste 202, Lawrenceville, NJ 08648-2321NJ1976-07$74,788,273
2American Association Of State Highway & Transportation Officials444 N Capitol St Nw Ste 249, Washington, DC 20001-1539DC1944-06$55,970,245
3Direct Marketing Association Inc1120 Avenue Of The Americas, New York, NY 10036-6700NY1944-02$39,324,747
4World Floor Covering Association 401 K2211 E Howell Ave, Anaheim, CA 92806-6009CA1965-02$15,188,523
5Housing Works Inc57 Willoughby Street, Brooklyn, NY 11201-5257NY1994-12$10,022,656
6Council For Airport Opportunity Inc9004 161st St Ste 201, Jamaica, NY 11432-6103NY1973-12$2,047,828
7Council Of Fashion Designers Of America Inc1412 Broadway Rm 2006, New York, NY 10018-9250NY1986-02$1,383,550
8Suffolk County Electrical Contractors AssociationPO BOX 696, Smithtown, NY 11787-0696NY1986-09$103,391
9Great Neck Chamber Of Commerce IncPO BOX 220432, Great Neck, NY 11022-0432NY1972-04$43,685
10Xerox Leadership Association149 Yorktown Drive, Webster, NY 14580NY1988-06$30,276
11American National Standards Institute25 W 43rd St Fl 4, New York, NY 10036-7422NY1942-12$41,420,213
12Meeting Professionals International, Eastern Great Lakes Meeting Professionals International Meeting Professionals International Eastern Great Lakes Chapter125 East Main Street, Rochester, NY 14604NY1981-04$16,248,396
13General Society Of Mechanics & Tradesmen20 W 44 St, New York, NY 10036-6603NY1934-10$3,608,800
14Fashion Accessories Shippers Association Inc137 W 25th St Fl 3, New York, NY 10001-7278NY1993-08$2,858,510
15Foundation For Flexographic Technical Association Inc900 Marconi Ave, Ronkonkoma, NY 11779-7212NY1974-11$2,243,920
16Advertising Women Of New York Foundation Inc25 W 45th St Ste 1600a, New York, NY 10036-4902NY1961-08$1,186,448
17Metropolitan Taxicab Board Of Trade Inc24-16 Bridge Plaza South, Long Island City, NY 11101-4607NY1957-06$1,138,736
18American Stamp Dealers Association Inc21714 Northern Blvd Ste 205, Bayside, NY 11361-3575NY1947-07$1,121,377
19Financial Communications Society220 E 23rd St Ste 405, New York, NY 10010-4659NY1991-06$842,094
20Concrete Industry Board Inc11942 80th Rd, Kew Gardens, NY 11415-1106NY1959-06$704,109
21Asian Professional Extension Inc352 7th Ave Rm 201, New York, NY 10001-5012NY1992-06$484,508
22Construction Industry Employers Association2660 William St, Cheektowaga, NY 14227-1816NY1955-08$436,807
23Greater Oswego-Fulton Chamber Of Commerce Inc44 E Bridge St, Oswego, NY 13126-2123NY1940-08$342,201
24Professional Women In Construction Inc315 East 56th Street, New York, NY 10022-3730NY1991-06$338,837
25Jefferson County Job Development Corporation800 Starbuck Ave, Watertown, NY 13601-1659NY1982-07$331,234
26New York State Tenants & Neighbors Information Service Inc, Nystnis236 W 27th St 4th Floo, New York, NY 10001-5906NY1993-10$320,449
27Friends Of Ganondagan Inc1488 Rt 444, Victor, NY 14564-9346NY1991-11$256,309
28Manhattan Chamber Of Commerce Community Benefit Fund1375 Broadway Fl 3, New York, NY 10018-7030NY1994-08$188,409
29Greater East Aurora Chamber Of Commerce Inc652 Main St, East Aurora, NY 14052-2403NY1992-10$181,222
30Kagro New York Association Inc12909 26th Ave Ste 303-A, Flushing, NY 11354-1131NY1993-08$159,416
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas7
Arizona6
California56
Colorado9
Connecticut18
District of Columbia13
Delaware2
Florida23
Georgia17
Hawaii1
Iowa10
Idaho2
Illinois28
Indiana11
Kansas8
Kentucky4
Louisiana4
Massachusetts24
Maryland15
Maine10
Michigan13
Minnesota15
Missouri23
Mississippi8
Montana3
North Carolina21
North Dakota2
Nebraska4
New Hampshire3
New Jersey20
New Mexico3
Nevada2
New York73
Ohio20
Oklahoma7
Oregon4
Pennsylvania14
Rhode Island6
South Carolina6
South Dakota1
Tennessee8
Texas33
Utah4
Virginia24
Vermont4
Washington5
Wisconsin22
West Virginia1
Wyoming1
International1
Total626

faqs.org is not associated with, endorsed by, or sponsored by Council Of Fashion Designers Of America Inc and has no official or unofficial affiliation with Council Of Fashion Designers Of America Inc