Point Community Development Corporation
- Assets
- $1.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 26
- Location
- Bronx, NY
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 13-3765140
Organization Overview
Point Community Development Corporation is located in Bronx, NY. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Point Community Development Corporation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Point Community 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 12/2021, Point Community Development Corporation generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 3.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A COMMUNITY BASED NON-PROFIT ORGANIZATION DEDICATED TO YOUTH DEVELOPMENT AND THE CULTURAL AND ECONOMIC REVITALIZATION OF THE HUNTS POINT SECTION OF THE BRONX, NY, THROUGH COMBINING TALENTS OF AREA RESIDENTS, ORGANIZATION AND THE ART COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND AFTER SCHOOL - THE ORGANIZATION PROVIDES YOUTH LEADERSHIP DEVELOPMENT PROGRAMS THROUGH VARIOUS ACTIVITIES, SUCH AS AFTER SCHOOL ACTIVITIES, SUMMER CAMPS, ETC. TO STRENGTHEN BOTH ACADEMIC PERFORMANCE AND CHARACTER BUILDING FOR YOUTHS IN THE COMMUNITY.
ARTS AND OTHERS - THE ORGANIZATION EMPLOYS MEDIA ARTS AND ENTREPRENEURSHIP AND ENERGIZING AT-RISK YOUTHS AND OTHER NEIGHBORHOOD RESIDENTS TO EMPOWER THEMSELVES WITH THE SKILLS NECESSARY TO REMAKE THEIR COMMUNITY AND BRING NEW ENERGY, VIBRANCY AND ECONOMIC GROWTH TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Peralta Executive Managing Director | Officer | 35 | $69,192 |
Maria Torres President | Officer | 35 | $67,967 |
Svati Lelyveld Board Member | Trustee | 0.5 | $0 |
Karen Vanterpool Board Member | Trustee | 0.5 | $0 |
Jodi Schnieder Board Member | Trustee | 0.5 | $0 |
Qiana Mickie Secretary VP | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $151,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,676,002 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,827,687 |
| Total Program Service Revenue | $0 |
| Investment income | $1,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,008 |
| 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 | $2,049,500 |
| 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. | $137,159 |
| Compensation of current officers, directors, key employees. | $6,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $672,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,881 |
| Payroll taxes | $68,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,000 |
| Fees for services: Accounting | $22,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,567 |
| Advertising and promotion | $0 |
| Office expenses | $30,319 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,256 |
| Travel | $2,432 |
| 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 | $57,568 |
| Insurance | $48,176 |
| All other expenses | $34,794 |
| Total functional expenses | $1,483,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $809,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $187,404 |
| Accounts receivable, net | $6,485 |
| 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 | $298,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,301,305 |
| Accounts payable and accrued expenses | $47,301 |
| 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 | $16,808 |
| Other liabilities | $9,000 |
| Total liabilities | $73,109 |
| Net assets without donor restrictions | $693,672 |
| Net assets with donor restrictions | $534,524 |
| 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 | $1,301,305 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Point Community Development Corporation has recieved totaling $834,987.
| Awarding Organization | Amount |
|---|---|
The Pierre And Tana Matisse Foundation New York, NY PURPOSE: GENERAL SUPPORT | $220,000 |
People United For Sustainable Housing Incorporated Buffalo, NY PURPOSE: YOUTH AND COMMUNITY DEVELOPMENT PROGRAMS | $114,048 |
The Pierre And Tana Matisse Foundation New York, NY PURPOSE: GENERAL SUPPORT | $110,000 |
Pinkerton Foundation New York, NY PURPOSE: AFTER SCHOOL & SUMMER LEARNING | $75,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $46,539 |
New York Foundation New York, NY PURPOSE: TO OFFER STEWARDSHIP OPPORTUNITIES FOR LOCAL RESIDENTS TO BECOME ACTIVE IN THE LOCAL FOOD SECURITY MOVEMENT. | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Life At Lourdes Inc Pennsauken, NJ | $24,117,814 | $24,014,115 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Robert Treat Academy Charter School Inc Newark, NJ | $3,987,701 | $14,176,967 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Technical Assistance Collaborative Inc Boston, MA | $7,617,476 | $12,320,567 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |