Warren-Hamilton Counties Action Committee For Economic Opportunity

Organization Overview

Warren-Hamilton Counties Action Committee For Economic Opportunity, operating under the name Economic Opportunity Inc, is located in Glens Falls, NY. The organization was established in 1967. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 11/2021, Economic Opportunity Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Opportunity 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 11/2021, Economic Opportunity Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.5m during the year ending 11/2021. While expenses have increased by 10.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE AGENCY PROVIDES VARIOUS COMMUNITY SERVICES BENEFITS INCLUDING WEATHERIZATION, TRANSPORTATION, NUTRITION, FOOD PANTRY, AND VARIOUS OUTREACH PROGRAMS IN THE WARREN AND HAMILTON COUNTY AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WEATHERIZATION PROGRAM: INSTALL WINDOWS AND DOORS, REPAIR AND REPLACE FURNACES, HOT WATER TANKS, AND OTHER ENERGY SAVING DEVICES FOR ELDERLY AND ECONOMICALLY CHALLENGED INDIVIDUALS AND FAMILIES.


COMMUNITY SERVICES BLOCK GRANT: PROGRAM DESIGNED TO PROMOTE & FACILITATE EFFECTIVE INVOLVEMENT OF NEIGHBORHOOD RESIDENTS IN SOLVING PROBLEMS - PROVIDES EMERGENCY AND SUPPLEMENTAL FOOD, TRANSPORTATION, AND EMERGENCY HOUSING AND UTILITY ASSISTANCE


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Ackershoek
Executive Director
$86,700
Jim Campinell
Treasurer
$0
Joseph Sullivan
President
$0
Daniel Belden
1st VP
$0
Shari Macri
Secretary
$0
Edna Frasier
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,544,180
All other contributions, gifts, grants, and similar amounts not included above$946,681
Noncash contributions included in lines 1a–1f $900,296
Total Revenue from Contributions, Gifts, Grants & Similar$2,490,861
Total Program Service Revenue$118,678
Investment income $35
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 $2,609,574

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Warren-Hamilton Counties Action Committee For Economic Opportunity has recieved totaling $6,814.

Awarding OrganizationAmount
Regional Food Bank Of N E Ny Inc

Latham, NY

PURPOSE: OSP GRANT & AGENCY REBATE

$6,814
View Grant Recipient Profile

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