FORMER CONGRESSWOMAN GERALDINE FERRARO KEYNOTES
NYC EARNED INCOME TAX CREDIT CAMPAIGNS VOLUNTEER RECOGNITION
DCA Honors the Volunteers and Partners
of the New York City EITC Coalition
June 4, 2004
The New York City Department of Consumer Affairs
(DCA) today hosted a recognition luncheon for the volunteers
and partners of the New York City Earned Income Tax Credit
(EITC) Coalition at the New York Marriott Marquis in Midtown.
The program included a keynote address by former Congresswoman
Geraldine A. Ferraro highlighting the many accomplishments
of this years campaign, and remarks by DCA Commissioner
Gretchen Dykstra. Coalition partners from New Yorks
leading non-profit organizations and corporations were in
attendance including representatives from Community Food
Resource Center, Con Edison, McDonalds, Time Warner
Cable, El Diario la Prensa, Robin Hood, Hoy, Independence
Community Bank, and others.
New York City has the best EITC coalition
in the country, said DCA Commissioner Gretchen Dykstra.
The extraordinary success of this years campaign
can be attributed to tireless efforts made by hundreds of
volunteers and a marquee group of not-for-profit, government,
and corporate partners. We look forward to building on our
successes and gearing up for next year.
In her keynote address, Ms. Ferraro heaped
praise on this years Coalition sponsors and volunteers
stating, In giving your time, energy, financial support,
and advertising to the New York City EITC Coalition, you
all have helped thousands of New Yorkers live better lives.
In 2002, New York City, spearheaded by the
DCA, launched an inaugural coordinated campaign to increase
the number of filers eligible for the EITC. With the help
of numerous partners, dozens of free tax sites were set
up and staffed citywide. In addition, hundreds of thousands
of informational materials in ten languages were distributed
during the tax season and advertisements featuring the tagline,
Its Your Money, Come and Get It! blanketed
subways, bus shelters, and media outlets. After the inaugural
citywide campaign, an additional 30,000 New Yorkers filed
for the EITC than in the previous year. This year, eligible
filers benefited from 311, the Citys 24-hour hotline,
by being able to instantly locate free tax assistance nearest
The EITC returns federal and state dollars
to filers either through tax credits or as cash refunds
to working families earning less than $34,692 annually.
Last year, the average combined EITC credit for New York
City was $2,354. Qualifying filers can file retroactively
for up to three years prior. Full-time and part-time workers,
including self-employed workers, who are legally authorized
to work in the United States, are eligible for the tax credit.
During the 2002-2003 tax season, nearly 800,000
New York City residents filed for the EITC and as a result,
approximately $1.8 billion dollars was returned and generated
back into the Citys local economy.
Participating partners in the New York City
EITC Coalition include, but are not limited to, thirty New
York City agencies, the New York City Council, dozens of
community and not-for-profit organizations, and corporate
sponsors including Cablevision, CD 101.9, Citigroup, Con
Edison, Deloitte, Duane Reade, El Diario la Prensa, H&R
Block, HOT 97, Hoy, Independence Community Bank, Keyspan,
KISS 98.7, Marriott, McDonalds, Telemundo, Time Warner
Cable, and Radio WADO/ Hispanic Broadcasting Corporation.
EITC campaign materials are available in the
following ten languages: English, Spanish, Albanian, Arabic,
Bengali, Chinese, Haitian, Korean, Russian, and Urdu. For
more information, go to the DCA web site at www.nyc.gov/consumers
About Keynote Speaker Geraldine A. Ferraro:
Ms. Ferraro has spent numerous years as a
public policy advocate devoting a great deal of her time
championing for human rights. Ms. Ferraro gained national
prominence when she became the first woman vice-presidential
candidate on a major ticket in 1984. In her many years of
dedicated service Ms. Ferraro served three terms in the
House of Representatives, was appointed the United States
Ambassador to the United Nations Human Rights Commission
by President Clinton, and was Vice-Chair of the U.S. delegation
at the Fourth World Conference on Women in Beijing. She
is currently executive vice president and head of the public
affairs practice of The Global Consulting Group.