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CANAL STREET MERCHANTS ASSOCIATION INC
NEW YORK, NY · EIN 333507222 · Form 990 · FY2025 · NTEE S41 · Community Improvement · Micro (<$100K)
revenue
$66K
expenses
$55K
net assets
$11K
employees
0
program ratio
96%
mission · from form 990

THE ASSOCIATION IS ORGANIZED AS A BUSINESS LEAGUE UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, WITH THE FOLLOWING OBJECTIVES: 1.TO PROMOTE, SUPPORT, AND ENHANCE THE ECONOMIC VITALITY AND CULTURAL VIBRANCY OF BUSINESSES ON AND AROUND CANAL STREET IN NEW YORK CITY. 2.TO ADVOCATE FOR THE INTERESTS OF MEMBER BUSINESSES THROUGH MARKETING, EDUCATION, AND COMMUNITY ENGAGEMENT INITIATIVES. 3.TO MANAGE AND COORDINATE PROGRAMS, INCLUDING BUT NOT LIMITED TO THE OPEN STREETS PROGRAM, TO IMPROVE PEDESTRIAN ACCESS, SAFETY, AND THE PUBLIC REALM. 4.TO FOSTER COLLABORATION AMONG MERCHANTS, PROPERTY OWNERS, AND THE LOCAL COMMUNITY TO IMPROVE THE BUSINESS ENVIRONMENT.

profile · synthesized from sources

Business league organized under 501(c)(6) to support and advocate for merchants on and around Canal Street in New York City. Focuses on enhancing economic vitality, cultural vibrancy, and public space through initiatives like the Open Streets program. Works to improve the business environment by fostering collaboration among merchants, property owners, and the local community.

named programs · 1 · from sources

What they call their work

Open Streets Program
Manages and coordinates the Open Streets initiative to improve pedestrian access, safety, and the public realm along Canal Street
activities · 2 groups

What they do

  • Business Community Advocacy 1 activity
    • Advocate for member businesses to support economic vitality
      Advocates for member businesses through marketing, education, and community engagement initiatives to support economic vitality on and around Canal Street in New York City.
  • Transportation Policy Advocacy & Infrastructure Reform 1 activity
    • Manage and coordinate Open Streets Program
      Manages and coordinates the Open Streets Program to improve pedestrian access, safety, and the public realm on and around Canal Street in New York City.
financials · form 990 · fy2025
revenue
Total revenue$66K
Contributions & grants$16K25%
Program service revenue$50K75%
Investment income$00%
Other revenue$0
expenses
Total expenses$55K
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$13K
Cash$10K
Investments$0
Liabilities$3K
Net assets$11K
Liquid reserves2.2 mo
1 years on record · 2025–2025
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Collaborative Business Environment Improvement
    methodology: collaborative_business_environment_improvement
    By fostering collaboration among merchants, property owners, and the local community, we improve the business environment on Canal Street, because collective stakeholder engagement leads to coordinated investment, shared problem-solving, and sustained commercial vitality.