Huntington Village Business Improvment District Assoc Inc
- Assets
- $123.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington, NY
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 11-3245602
Organization Overview
Huntington Village Business Improvment District Assoc Inc is located in Huntington, NY. The organization was established in 1999. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington Village Business Improvment District Assoc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Huntington Village Business Improvment District Assoc Inc generated $162.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $187.2k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ATTRACT LOCAL CONSUMERS TO HUNTINGTON VILLAGE IN THE FACE OF MALLS AND LARGE ENCROACHMENT. TO PRESERVE THE DOWNTOWN SHOPPING DISTRICT THROUGH ENHANCED AND IMPROVED SANITATION, SECURITY, BEAUTIFICATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3
BEAUTIFICATION OF HUNTINGTON VILLAGE: BEAUTIFICATION THROUGH SESONAL PLANTINGS, LANDSCAPE MAINTENANCE, AUDIBLE AND VISUAL HOLIDAY DECORATING OF THE VILLAGE AREA.
PUBLIC EDUCATION: UTILIZE NEWSLETTERS, ADVERTISING AND SEMINARS TO INFORM THE PUBLIC ABOUT NEW AND IMPROVED CONDITIONS, PRODUCTS, SERVICES AND EVENTS IN HUNTINGTON VILLAGE.
SECURITY & HALLOWEEN CANDY: MAINTENANCE, AND MONITORING OF SECURITY CAMERAS INSTALLED THROUGHOUT HUNTINGTON VILLAGE TO IMPROVE SAFETY AND SECURITY WITHIN THE VILLAGE. PROVIDE HALLOWEEN CANDY FOR B.I.D. MEMBERS TO GIVE TO TRICK-OR-TREATERS ON HALLOWEEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Palladino Director | 0 | $0 | |
Alan Fromkin Director | 0 | $0 | |
David Walsdorf Director | 0 | $0 | |
Emerson J Dobbs Director | 0 | $0 | |
James Margolin Director | 0 | $0 | |
Joan Cergol Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,524 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $177,140 |
| Occupancy, rent, utilities, and maintenance | $1,747 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $8,136 |
| Total expenses | $187,227 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,761 |
| Other assets | $0 |
| Total assets | $123,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,761 |
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