Glynwood Center Inc
- Assets
- $32.2m
- Revenue
- $4.9m
- Investments
- $13.0m
- Employees
- 51
- Location
- Cold Spring, NY
- Founding
- 01/1996
- Data as of
- 03/2022
- EIN
- 13-3852957
Organization Overview
Glynwood Center Inc is located in Cold Spring, NY. The organization was established in 1996. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 03/2023, Glynwood Center Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glynwood Center 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 03/2022, Glynwood Center Inc generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $4.6m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Glynwood Center Inc has awarded 32 individual grants totaling $566,636. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GLYNWOOD CULTIVATES JUST AND RESILIENT REGIONAL FOOD SYSTEMS SO THAT COMMUNITIES, FARMERS AND THE LAND THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - FARMING
SEE SCHEDULE O - PROMOTING REGIONAL FOOD
SEE SCHEDULE O - BUILDING PRODUCER NETWORKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Mogul Chair | OfficerTrustee | 6 | $0 |
Judah Kraushaar Co-Vice Chair , Thru Dec. 2022 | OfficerTrustee | 2 | $0 |
Paul N Watterson Jr Co-Vice Chair | OfficerTrustee | 2 | $0 |
Sezelle Gereau Co-Vice Chair | OfficerTrustee | 1 | $0 |
Chris Zuehlsdorff Treasurer | OfficerTrustee | 2 | $0 |
G Kirby Brown Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,480 |
| Related organizations | $0 |
| Government grants | $371,942 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,249,714 |
| Noncash contributions included in lines 1a–1f | $61,081 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,673,136 |
| Total Program Service Revenue | $317,202 |
| Investment income | $161,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $380,277 |
| Net Gain/Loss on Asset Sales | $1,172,964 |
| Net Income from Fundraising Events | $211,642 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,196 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,913,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,374 |
| 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. | $577,193 |
| Compensation of current officers, directors, key employees. | $111,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,619,818 |
| Pension plan accruals and contributions | $43,553 |
| Other employee benefits | $269,849 |
| Payroll taxes | $200,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,622 |
| Fees for services: Accounting | $40,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $159,018 |
| Fees for services: Other | $97,241 |
| Advertising and promotion | $4,467 |
| Office expenses | $166,845 |
| Information technology | $48,939 |
| Royalties | $0 |
| Occupancy | $99,929 |
| Travel | $34,913 |
| 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 | $368,301 |
| Insurance | $144,379 |
| All other expenses | $40,153 |
| Total functional expenses | $4,600,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,572 |
| Savings and temporary cash investments | $4,247,309 |
| Pledges and grants receivable | $273,645 |
| Accounts receivable, net | $13,865 |
| 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 | $9,190 |
| Net Land, buildings, and equipment | $3,395,513 |
| Investments—publicly traded securities | $10,984,614 |
| Investments—other securities | $12,959,746 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,242,454 |
| Accounts payable and accrued expenses | $180,451 |
| Grants payable | $0 |
| Deferred revenue | $76,496 |
| 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 | $262,792 |
| Total liabilities | $519,739 |
| Net assets without donor restrictions | $4,148,352 |
| Net assets with donor restrictions | $27,574,363 |
| 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 | $32,242,454 |
Grants Awarded
Over the last fiscal year, Glynwood Center Inc has awarded $412,391 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL HERITAGE TRUST PURPOSE: TRAILHEAD MAINTENANCE (BIG WOODS DRIVE) | $10,000 |
LETTERBOX FARM LLC PURPOSE: SUPPORT THE FOOD SOVEREIGNTY PROGRAM | $15,000 |
CHASEHOLM FARM PURPOSE: SUPPORT THE FOOD SOVEREIGNTY PROGRAM | $24,000 |
ROCK STEADY FARM LLC PURPOSE: SUPPORT THE FOOD SOVEREIGNTY PROGRAM | $15,000 |
ANGEL FAMILY FARM INC PURPOSE: SUPPORT THE FOOD SOVEREIGNTY PROGRAM | $20,000 |
EL MIMOMEX FARM CORP PURPOSE: SUPPORT THE FOOD SOVEREIGNTY PROGRAM | $20,000 |