Sharing Community Inc
- Assets
- $3.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Yonkers, NY
- Founding
- 09/1984
- Data as of
- 12/2019
- EIN
- 13-3186666
Organization Overview
Sharing Community Inc is located in Yonkers, NY. The organization was established in 1984. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. Sharing Community 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 12/2019, Sharing Community Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL SERVICE AGENCY PROVIDING FOOD AND SHELTER TO INDIVIDUALS IN NEED. WE OFFER PERMANENT HOUSING, TRANSI- TIONAL SHELTER, SINGLE ROOM OCCUPANCY AS WELL AS EMERGENCY SHELTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFER A SAFE PLACE TO SLEEP WITH MULTIPLE 24 HOUR SHELTERS WHICH PROVIDE FOOD, SHELTER, CASE MANAGEMENT AND REFERRAL SERVICES TO THE HOMELESS. THERE ARE EMERGENCY DROP-IN SHELTERS AS WELL AS TEMPORARY AND PERMANENT ROOMS.
OFFER A SAFE PLACE TO SLEEP WITH MULTIPLE 24 HOUR SHELTERS WHICH PROVIDE FOOD, SHELTER, CASE MANAGEMENT AND REFERRAL SERVICES TO THE HOMELESS. THERE ARE EMERGENCY DROP-IN SHELTERS AS WELL AS TEMPORARY AND PERMANENT ROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Deforest Raphael President | OfficerTrustee | 0.5 | $0 |
Joseph Disalvo ESQ Secretary | OfficerTrustee | 0.5 | $0 |
Luz Casanova-Moreno Director | Trustee | 0.5 | $0 |
Roger Ayuso Director | Trustee | 0.5 | $0 |
Olga Perez Martinez Director | Trustee | 0.5 | $0 |
James Foy Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,168,997 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,234,753 |
| Total Program Service Revenue | $657,565 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$940,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,075,917 |
| 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. | $101,399 |
| Compensation of current officers, directors, key employees. | $8,565 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,365,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $285,289 |
| Payroll taxes | $125,475 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $9,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,670 |
| Advertising and promotion | $0 |
| Office expenses | $203,144 |
| Information technology | $4,802 |
| Royalties | $0 |
| Occupancy | $700,557 |
| Travel | $4,581 |
| 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 | $197,880 |
| Insurance | $45,741 |
| All other expenses | $23,879 |
| Total functional expenses | $3,133,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,199 |
| Savings and temporary cash investments | $5,503 |
| Pledges and grants receivable | $270,439 |
| Accounts receivable, net | $17,997 |
| 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 | $2,879,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,656 |
| Total assets | $3,459,014 |
| Accounts payable and accrued expenses | $264,084 |
| Grants payable | $0 |
| Deferred revenue | $45,988 |
| 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 | $54,523 |
| Total liabilities | $364,595 |
| Net assets without donor restrictions | $3,094,419 |
| 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 | $3,459,014 |
Grants Awarded
Over the last fiscal year, Sharing Community Inc has awarded $3,094,419 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESTHAB INC PURPOSE: MERGER | $250,702 |
WESTHAB INC PURPOSE: MERGER | $2,843,717 |