St Faiths House
- Assets
- $20.7m
- Revenue
- $3.6m
- Investments
- $20.0m
- Employees
- 0
- Location
- Plattsburgh, NY
- Founding
- 05/1942
- Data as of
- 06/2024
- EIN
- 13-1740123
Organization Overview
St Faiths House is located in Plattsburgh, NY. The organization was established in 1942. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Faiths House 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 06/2024, St Faiths House generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 4.6% per year over the past 8 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.
Since 2017, St Faiths House has awarded 426 individual grants totaling $7,597,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Clark Co Sullivan Director | 0 | $0 | |
Patricia Ellis Truscelli Director | 0 | $0 | |
Jennifer Mitchell Director | 0 | $0 | |
Heather Kenny Director | 0 | $0 | |
Philip A Mercadante Assist Secy | 0 | $0 | |
Linda Stutz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49,403 |
| Dividends & Interest | $199,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,316,290 |
| Capital Gain Net Income | $3,316,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,521 |
| Total Revenue | $3,588,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71,006 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,708 |
| Total operating and administrative expenses | $283,914 |
| Contributions, gifts, grants paid | $986,500 |
| Total expenses and disbursements | $1,270,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,287 |
| Savings and temporary cash investments | $668,317 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,054 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,712,712 |
| Accounts payable and accrued expenses | $53,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $104,252 |
| Total liabilities | $158,100 |
Grants Awarded
Over the last fiscal year, St Faiths House has awarded $976,500 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS GIRLS CLUB OF NORTHERN WESTCHE PURPOSE: EDUCATIONAL/ AFTER SCHOOL SUPPORT PROGRAM | $20,000 |
BOYS GIRLS CLUB OF MOUNT VERNON PURPOSE: AT-RISK TEENS AND AFTER SCHOOL PROGRAM | $40,000 |
FAMILY SERVICES OF WESTCHESTER PURPOSE: JOB READINESS AND TRAINING PROGRAM | $30,000 |
EL CENTRO HISPANO INC PURPOSE: SUMMER LITERACY PROGRAM | $25,000 |
ELIZABETH MASCIA CHILD CARE CENTER PURPOSE: EARLY CHILD CARE PROGRAM | $30,000 |
GIRLS INCORPORATED OF WESTCHESTER C PURPOSE: AT-RISK TEENS PROGRAM - COLLEGE AND CAREER READINESS PROGRAM | $25,000 |