NYBC | About NYBC | Annual Report

Membership and Financial Report

Table of Contents

Mission

An Interview with the Chairman

Who We Are

2000 Outlook

The Investment Challenge

New York Building Foundation

2000 Annual Membership Meeting

1999 Events

The Year in Review

Membership and Financial Report

The successful 1999 Building Congress Membership Campaign resulted in 33 new members and 35 upgrades. Membership income for the year reached a record $604,500. Since 1996, membership has grown by more than 50 percent. Building Congress members represent more than 150,000 professionals and skilled workers from 325 organizations in design, construction and real estate.

Financing for Building Congress programs and committees is divided equally between dues and net income from events and activities. Overall revenue in 1999 totaled $1,668,000, an increase of $54,000 from the prior year. Expenditures for the year reached $1,452,000. 1999 was the fifth consecutive year in which the organization realized an operating surplus.

Now that the Building Congress has strengthened its finances and achieved its goal of one year's operating expenses in reserve, it has greater program flexibility and the ability to serve the industry and membership in new and better ways. Two recent initiatives include the publication of the 2000 Membership Directory and inauguration of the Building Congress Web site, www.buildingcongress.com.

New York Building Congress unaudited financial report* for the 12 months ended December 31, 1999
Revenue
Dues	$ 604,500.00
Programs	$ 1,019,000.00
Other	$ 44,500.00
Total:	$ 1,668,000.00
Disbursements
Operating	$ 699,000.00
Member Programs	$ 619,500.00
Reserve Funds	$ 104,700.00
Other	$ 28,600.00
Total:	$ 1,452,200.00
*Audit report from Anchin, Block & Anchin, LLP is available upon request