Citizens Budget Commission Inc
Donations deductibleRevenue
$3.9m
year to 31 December 2024
Expenses
$3.1m
year to 31 December 2024
Total assets
$15.6m
$1.6m liabilities
Net assets
$14m
assets less liabilities
Directors and trustees
16
6.5 years on average
Staff
18
employees, year to 31 December 2024
Chair observed
≥6 yrs
Marissa Shorenstein
Left since last filing
3
19% of the board
Citizens Budget Commission Inc's network
16 people23 organisationsi16 people and 23 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (16). Violet dotted lines (23) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
16 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 16 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Marissa Shorenstein Chair | Chair | 2018 | 8 yrs |
| Alair Townsend | Trustee | 2023 | 3 yrs |
| Anthony Mannarino | Trustee | 2018 | 8 yrs |
| Carol E Rosenthal (also filed as Carol Rosenthal) | Vice Chair | 2020 | 6 yrs |
| David A Javdan | Trustee | 2018 | 8 yrs |
| Edward Wallace | General Counsel | 2018 | 8 yrs |
| Elaine Brennan | Trustee | 2023 | 3 yrs |
| Jake Elghanayan | Vice Chair | 2018 | 8 yrs |
| Kent Hiteshew | Trustee | 2020 | 6 yrs |
| Merryl H Tisch | Company secretary | 2018 | 8 yrs |
| Paula Dagen | Trustee | 2022 | 4 yrs |
| Richard Roberts | Trustee | 2019 | 7 yrs |
| Robert Hoglund | Treasurer | 2018 | 8 yrs |
| Sally Rocker | Trustee | 2024 | 2 yrs |
| Shari Hyman | Trustee | 2023 | 3 yrs |
| William Floyd | Vice Chair | 2018 | 8 yrs |
Officers and senior leadership
11 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| ANA B Champeny | Vice President for Research | since 2018 |
| Andrew S Rein | President (Eff. 1/1/2019) | since 2018 |
| Carol Kellermann | President | 2018 |
| David J Freidfel | Director of State Studies | since 2018 |
| Denise Richardson | Vice President of Research | 2020 |
| Kevin Medina | Director of Operations | 2024 |
| Maria Doulis | Vice President | since 2018 |
| Michael P Vaughn | Vice President for Communications & Strategy | 2024 |
| Patrick Orecki | Director of State Studies | since 2022 |
| Sean T Campion | Director of Housing and Economic Studies | since 2022 |
| Timothy Sullivan | Senior Research Advisor | 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Andrew S Rein | President | 40 | $329k | $21k | |
| Ana B Champeny | Vice President for Research | 40 | $201k | $48k | |
| Patrick Orecki | Director of State Studies | 40 | $144k | $23k | |
| Sean T Campion | Director of Housing and Economic Studies | 40 | $140k | $10k | |
| Michael P Vaughn | Vice President for Communications & Strategy | 40 | $119k | $7k | |
| Kevin Medina | Director of Operations | 1 | $109k | $7k | |
| Marissa Shorenstein | Chair | 1 | $0 | ||
| Jake Elghanayan | Vice Chair | 1 | $0 | ||
| William Floyd | Vice Chair | 1 | $0 | ||
| Carol Rosenthal | Vice Chair | 1 | $0 | ||
| Edward Wallace | General Counsel | 1 | $0 | ||
| Merryl H Tisch | Secretary | 1 | $0 | ||
| Robert Hoglund | Treasurer | 1 | $0 | ||
| Elaine Brennan | Trustee | 1 | $0 | ||
| Paula Dagen | Trustee | 1 | $0 | ||
| Kent Hiteshew | Trustee | 1 | $0 | ||
| Shari Hyman | Trustee | 1 | $0 | ||
| David A Javdan | Trustee | 1 | $0 | ||
| Anthony Mannarino | Trustee | 1 | $0 | ||
| Richard Roberts | Trustee | 1 | $0 | ||
| Sally Rocker | Trustee | 1 | $0 | ||
| Alair Townsend | Trustee | 1 | $0 |
About
- Legal name
- Citizens Budget Commission Inc
- EIN
- 130576141
- Address
- 240 W 35th St Ste 302, New York, NY, 10001-2506
- State
- New York
- Mission
- The citizen budget commission, inc. ("cbc") is a nonpartisan, not-for-profit civic organization devoted to influencing constructive change in the finances and services of new york city (the "city") and new york state (the "state") governments. (continued schedule o)(continued from page 2, part iii, line 1) cbc was founded in 1932, a time of great fiscal crisis, when a group of civic leaders... (as filed on the Form 990)
- Activity (NTEE)
- W06Z Public and societal benefit
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 8 (IRS master file code)
- Formed
- 1932
- Principal officer
- Andrew S Rein (as named on the Form 990)
- IRS ruling date
- 1 December 1944
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsMarissa Shorenstein
≥8years on the filingsAnthony Mannarino
≥8years on the filingsDavid A Javdan
≥8years on the filingsEdward Wallace
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $15.6m
- Total liabilities
- $1.6m
- Net assets or fund balances
- $14m
- Contributions and grants received
- $3m
- Program service revenue
- $0
- Employees
- 18
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $3.9m | $3.1m | $817k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Citizens Budget Commission, Inc. likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: New York Department of State, active corporations (data.ny.gov n9v6-gdp6). Licence: New York open data terms of use. Data last fetched 18 October 2026.
- State
- New York
- Entity type
- Domestic Not-For-Profit Corporation
- Status
- Active
- Formed
- 12 July 1932
- Registered agent
- Citizens Budget Commission, Inc. (city and state not held)