La Peninsula Community Organization Inc
- Assets
- $2.8m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 107
- Location
- Bronx, NY
- Founding
- 03/1985
- Data as of
- 06/2021
- EIN
- 13-3061340
Organization Overview
La Peninsula Community Organization Inc is located in Bronx, NY. The organization was established in 1985. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, LA Peninsula Community Organization Inc employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Peninsula Community Organization 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 06/2021, LA Peninsula Community Organization Inc generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $5.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EARLY CHILDHOOD EDUCATION TO CHILDREN WITH SPECIFIC AGE LIMIT, PROMOTE QUALITY DEVELOPMENT, PROVIDE HOT MEALS, AND HEALTH MONITORING TO THE PROGRAM PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EARLY CHILDHOOD EDUCATION TO CHILDREN AGES 3 TO 4.
FOOD PROGRAM: PROVIDED FOOD TO THE CHILDREN ENROLLED IN THE HEAD START PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johanna Dejesus-Cortes Executive Director | Officer | 40 | $130,222 |
Delmas A Costin Jr Vice Chairperson | OfficerTrustee | 3 | $0 |
Josephine Ofili Vice Secretary | OfficerTrustee | 1 | $0 |
Jill Roche-Gomez ESQ Treasurer | OfficerTrustee | 2 | $0 |
Rasheeda Huston Secretary | OfficerTrustee | 1 | $0 |
Quintin Mason Chairperson | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,446,096 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,460,352 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,481,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,222 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,899,280 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,038,607 |
| Payroll taxes | $233,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,252 |
| Office expenses | $387,954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,301 |
| Travel | $7,584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $63,843 |
| All other expenses | $543 |
| Total functional expenses | $5,469,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,256 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,288,882 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $275,600 |
| Total assets | $2,816,738 |
| Accounts payable and accrued expenses | $759,420 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,742,434 |
| Total liabilities | $2,501,854 |
| Net assets without donor restrictions | $314,884 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,816,738 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that La Peninsula Community Organization Inc has recieved totaling $37,571.
| Awarding Organization | Amount |
|---|---|
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $30,000 |
Hyde And Watson Foundation Warren Township, NJ PURPOSE: HARD COSTS RELATED TO FACILITY RENOVATIONS AND PURCHASE OF FURNISHINGS FOR THE EARLY CHILDHOOD CENTER. | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allegany County Community Opportunities And Rural Developmen Belmont, NY | $2,583,412 | $6,739,671 |
Psats Enola, PA | $11,834,261 | $6,502,359 |
La Peninsula Community Organization Inc Bronx, NY | $2,816,738 | $5,481,479 |
Greater Easton Development Partnership Easton, PA | $6,246,333 | $3,172,729 |
Center On Rural Innovation Inc Hartland, VT | $3,965,475 | $1,904,173 |
Retreat Farm Brattleboro, VT | $8,221,926 | $3,402,767 |
Rural Development Corp Vineland, NJ | $1,998,052 | $2,373,281 |
Progress Fund Greensburg, PA | $56,975,518 | $5,589,608 |
Greater Pittsburgh Chamber Of Commerce Pittsburgh, PA | $334,273 | $1,396,311 |
Western Catskills Community Revitalization Council Inc Stamford, NY | $944,018 | $1,125,761 |
Vermont Council On Rural Development Inc Montpelier, VT | $695,971 | $938,553 |
Clayton Improvement Associaton Ltd Clayton, NY | $3,493,808 | $787,100 |