Cohoes Multi Service Senior
- Assets
- $112.5k
- Revenue
- $342.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cohoes, NY
- Founding
- 02/1980
- Data as of
- 12/2022
- EIN
- 14-1499330
Organization Overview
Cohoes Multi Service Senior is located in Cohoes, NY. The organization was established in 1980. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cohoes Multi Service Senior 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 12/2022, Cohoes Multi Service Senior generated $342.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $382.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EFFECTIVE PROGRAMS AND SUPPORTS TO HELP OUR OLDER NEIGHBORS AND FRIENDS STAY CONNECTED TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR CENTER ENRICHMENT - PROGRAMS AND ACTIVITIES INCLUDING RECREATION, SOCIALIZATION AND EDUCATIONAL OPPORTUNITIES FOR OLDER ADULTS THROUGHOUT OUR REGION. MORE THAN 400 OLDER NEIGHBORS AND FRIENDS PARTICIPATE IN AT LEAST ONE OF OUR MANY PROGRAMS AND ACTIVITIES. CONGREGATE DINING IS AVAILABLE MONDAY THROUGH FRIDAY AT BOTH WATERVLIET AND COHOES SENIOR CENTERS. A HOT, NUTRITIOUS MEAL SERVED IN AN ENJOYABLE ATMOSPHERE, OFTEN AUGMENTED WITH ENTERTAINMENT, IS THE IDEAL WAY TO SOCIALIZE AND MINGLE WITH FRIENDS. IN 2022 OVER 15,000 MEALS WERE SERVED, A 25% INCREASE.
OTHER PROGRAMS
COHOES COMPANIONS IS A SOCIAL ADULT DAY PROGRAM THAT PROVIDES SUPERVISION, SOCIALIZATION AND STIMULATION TO OLDER ADULTS WHO MAY REQUIRE EXTRA SUPPORT AND/OR COMPANIONSHIP DURING THE DAY AND RESPITE TO THE OVERWHELMED CAREGIVER. STAFFED BY CARING PROFESSIONALS WE SERVE 7-14 SENIORS A DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Tremblay Past President | OfficerTrustee | 1 | $0 |
Pj Hosner Jr Treasurer | OfficerTrustee | 1 | $0 |
Michele Puleo O'hare Secretary | OfficerTrustee | 1 | $0 |
William Hinrichs Vice President | OfficerTrustee | 1 | $0 |
Alana Sparrow President | OfficerTrustee | 1 | $0 |
Michele Santucci Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,512 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,512 |
| Total Program Service Revenue | $274,094 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,204 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,163 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,973 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $420 |
| Advertising and promotion | $515 |
| Office expenses | $4,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,298 |
| 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 | $8,968 |
| Insurance | $10,384 |
| All other expenses | $6,569 |
| Total functional expenses | $382,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,289 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,278 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,760 |
| Prepaid expenses and deferred charges | $1,559 |
| Net Land, buildings, and equipment | $12,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,451 |
| Accounts payable and accrued expenses | $144,492 |
| Grants payable | $0 |
| Deferred revenue | $2,185 |
| 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 | $0 |
| Total liabilities | $146,677 |
| Net assets without donor restrictions | -$34,226 |
| 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 | $112,451 |