Kingsbridge Riverdale Van Cortland Development Corporation
- Assets
- $39.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Bronx, NY
- Founding
- 07/1982
- Data as of
- 06/2021
- EIN
- 13-3097905
Organization Overview
Kingsbridge Riverdale Van Cortland Development Corporation is located in Bronx, NY. The organization was established in 1982. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Kingsbridge Riverdale Van Cortland Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsbridge Riverdale Van Cortland Development Corporation 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, Kingsbridge Riverdale Van Cortland Development Corporation generated $138.4k 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 (18.8%) each year. All expenses for the organization totaled $175.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (17.5%) per year over the past 6 years. 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 Program Activity:
Part 3
OUR SPECIFIC PROGRAM ACCOMPLISHMENT FOR 20-21 WAS THE PRODUCTION OF NUMEROUS EVENTS UNDER THE DEPARTMENT OF TRANSPORTATION'S OPEN STREETS PROGRAM IN THE FALL OF 2020 ON JOHNSON AVENUE IN THE BRONX. WE PRODUCED MORE THAN A DOZEN OF THESE EVENTS UNDER THIS SPECIAL PANDEMIC PROGRAM. ALL WERE WELL-RECEIVED AND WELL-ATTENDED BY COMMUNITY MEMBERS. THEY FEATURED ART, MUSIC AND OTHER SOCIALLY DISTANCED ATTRACTIONS AND PROMOTED LOCAL BUSINESSES. ONE EVENT FEATURED A CONCERT, ANOTHER FEATURED A COMMUNITY ART SHOW, ONE WAS A HALLOWEEN CELEBRATION AND ONE FEATURED SANTA CLAUS.
OUR SPECIFIC PROGRAM ACCOMPLISHMENT FOR 20-21 WAS THE PRODUCTION OF NUMEROUS EVENTS UNDER THE DEPARTMENT OF TRANSPORTATION'S OPEN STREETS PROGRAM IN THE FALL OF 2020 ON JOHNSON AVENUE IN THE BRONX. WE PRODUCED MORE THAN A DOZEN OF THESE EVENTS UNDER THIS SPECIAL PANDEMIC PROGRAM. ALL WERE WELL-RECEIVED AND WELL-ATTENDED BY COMMUNITY MEMBERS. THEY FEATURED ART, MUSIC AND OTHER SOCIALLY DISTANCED ATTRACTIONS AND PROMOTED LOCAL BUSINESSES. ONE EVENT FEATURED A CONCERT, ANOTHER FEATURED A COMMUNITY ART SHOW, ONE WAS A HALLOWEEN CELEBRATION AND ONE FEATURED SANTA CLAUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Mccabe Shelton Executive Director | 40 | $32,758 | |
Petr Stand Member | 2 | $0 | |
Jerald Kreppel Member | 2 | $0 | |
Terhi Edwards President | 4 | $0 | |
Mego Gojka Secretary | 2 | $0 | |
Orlando Kross Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,406 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,299 |
| Professional fees and other payments to independent contractors | $6,507 |
| Occupancy, rent, utilities, and maintenance | $31,146 |
| Printing, publications, postage, and shipping | $9,804 |
| Other expenses | $83,112 |
| Total expenses | $175,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,626 |
| Other assets | $0 |
| Total assets | $39,848 |
| Total liabilities | $24,132 |
| Net assets or fund balances | $15,716 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kingsbridge Riverdale Van Cortland Development Corporation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The New York And Presbyterian Hospital New York, NY PURPOSE: SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
Brooklyn Navy Yard Development Corporation Brooklyn, NY | $543,633,704 | $68,378,369 |
Cent For Urban Community Svcs New York, NY | $78,734,129 | $72,768,234 |
The Community Preservation Corporation New York, NY | $1,407,109,282 | $65,839,600 |
Quincy Community Action Programs Inc Quincy, MA | $14,865,186 | $43,148,267 |
Westchester Community Opportunity Program Inc Elmsford, NY | $7,932,264 | $37,716,573 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
St Nicks Alliance Corp Brooklyn, NY | $44,353,994 | $35,596,992 |
National Council For Community Development Inc Brooklyn, NY | $24,193,687 | $38,165,020 |
The Community Action Organization Of Western New York Inc Buffalo, NY | $11,956,609 | $31,001,421 |
Community Action Pioneer Valley Inc Greenfield, MA | $7,969,732 | $29,838,934 |
Citizens For Citizens Inc Fall River, MA | $12,279,316 | $29,399,731 |