Senior Projects Of Ravena Inc
- Assets
- $634.0k
- Revenue
- $567.1k
- Investments
- $0.0
- Employees
- 27
- Location
- Ravena, NY
- Founding
- 03/1981
- Data as of
- 12/2020
- EIN
- 14-1617634
Organization Overview
Senior Projects Of Ravena Inc is located in Ravena, NY. The organization was established in 1981. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Senior Projects Of Ravena Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior Projects Of Ravena 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 12/2020, Senior Projects Of Ravena Inc generated $567.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $549.5k during the year ending 12/2020. While expenses have increased by 5.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE NUTRITION AND TRANSPORTATION SERVICES TO SENIORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE NUTRITION AND TRANSPORTATION SERVICES TO SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Albano Executive Dir | Officer | 40 | $73,197 |
Gilbert Molella President | Officer | 5 | $0 |
Sarah Covey Vice President | Officer | 5 | $0 |
Lou Smith Secretary | Officer | 2 | $0 |
Sharon Dambrosio Board Member | Trustee | 2 | $0 |
Randy Lent Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,646 |
| Investment income | $5,904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $766 |
| Net Income from Gaming Activities | $2,634 |
| Net Income from Sales of Inventory | $500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $567,101 |
| Statement of Expenses | |
|---|---|
| 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. | $221,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,640 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,866 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $298 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,787 |
| Insurance | $44,821 |
| All other expenses | $0 |
| Total functional expenses | $549,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,868 |
| Savings and temporary cash investments | $140,020 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,147 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,810 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $137,016 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $634,002 |
| Accounts payable and accrued expenses | $33,256 |
| 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 | $14,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $47,841 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $586,161 |
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