Shelters Of Saratoga Inc
- Assets
- $3.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 66
- Location
- Saratoga Springs, NY
- Founding
- 02/1994
- Data as of
- 06/2022
- EIN
- 14-1758441
Organization Overview
Shelters Of Saratoga Inc is located in Saratoga Springs, NY. The organization was established in 1994. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Shelters Of Saratoga Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelters Of Saratoga 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 06/2022, Shelters Of Saratoga Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 10.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION STATEMENT: TRANSFORMING THE LIVES OF OUR NEIGHBORS FACING HOMELESSNESS WITH SUPPORTIVE SERVICES, SAFE SHELTER, AND A PATH TO INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTERS OF SARATOGA RUNS A YEAR-ROUND EMERGENCY SHELTER PROGRAM FOR ADULTS WHICH PROVIDES SHELTER, FOOD, AND HOUSING ASSISTANCE. THE PROGRAM SERVES AN AVERAGE OF 125 PEOPLE EACH YEAR. SERVICES INCLUDE REFERRALS TO WELLNESS SUPPORT SERVICES, ASSISTANCE ACCESSING BENEFITS, EMPLOYMENT SEARCHES,DAILY LIVING SKILLS, AND RENTAL AND MOVING ASSISTANCE. ADDITIONALLY, THE ORGANIZATION OPERATES THE STATE-MANDATED WINTER EMERGENCY SHELTER FOR SARATOGA COUNTY WHICH PROVIDES OVERNIGHT SHELTER TO HOMELESS INDIVIDUALS WHEN TEMPERATURES DROP BELOW 32 DEGREES. THE STREET OUTREACH PROGRAM PROVIDES FOOD, SUPPLIES AND CASE MANAGEMENT SUPPORT TO PEOPLE WHO ARE UNSHELTERED OR FACED WITH HOUSING INSTABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Mcneice President | OfficerTrustee | 5 | $0 |
Emily Mastrianni Vice President | OfficerTrustee | 5 | $0 |
Kenneth Hay Treasurer | OfficerTrustee | 5 | $0 |
Amy Hughes Secretary | OfficerTrustee | 5 | $0 |
Lisa Mitzen Director | Trustee | 5 | $0 |
Norah Brennan Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $399,180 |
| Related organizations | $0 |
| Government grants | $1,210,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $643,773 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,253,580 |
| Total Program Service Revenue | $0 |
| Investment income | $16,141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $187,944 |
| Net Gain/Loss on Asset Sales | -$10,265 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,447,400 |
| 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 | $1,103,625 |
| Pension plan accruals and contributions | $12,987 |
| Other employee benefits | $34,480 |
| Payroll taxes | $101,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,965 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $31,672 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,412 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,280 |
| Interest | $7,397 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,961 |
| Insurance | $62,551 |
| All other expenses | $143,880 |
| Total functional expenses | $1,735,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925,313 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,619 |
| 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 | $9,996 |
| Net Land, buildings, and equipment | $1,408,453 |
| Investments—publicly traded securities | $856,375 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,338,756 |
| Accounts payable and accrued expenses | $34,576 |
| Grants payable | $0 |
| Deferred revenue | $8,813 |
| 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 | $125,873 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,626 |
| Total liabilities | $172,888 |
| Net assets without donor restrictions | $2,726,797 |
| Net assets with donor restrictions | $439,071 |
| 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 | $3,338,756 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Shelters Of Saratoga Inc has recieved totaling $267,710.
| Awarding Organization | Amount |
|---|---|
Captain Community Human Services Inc Glenville, NY PURPOSE: SUBCONTRACT SERVICES | $179,203 |
River Farm America Foundation Saratoga Springs, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
William Gundry Broughton Charitable Private Foundation Inc Glenville, NY PURPOSE: UNRESTRICTED | $10,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $10,000 |
Newkirk Foundation Inc Saratoga Springs, NY PURPOSE: ASSISTANCE TO HOMELESS | $10,000 |
Kimberly Beth Kennedy Family Foundation Inc Saratoga Springs, NY PURPOSE: GENERAL FUNDING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |
Alliance For Behavioral & Developmental Disabilities Ltd Hermitage, PA | $7,380,317 | $14,591,071 |
Building Homes For Heroes Inc Island Park, NY | $15,491,113 | $13,729,241 |
Taconic Innovations Inc Wappingers Falls, NY | $14,026,966 | $12,196,980 |
The Crenulated Company Ltd New York, NY | $9,182,171 | $10,442,755 |
Living Independently Forever Inc Hyannis, MA | $12,273,693 | $10,857,981 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |
Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
Grand Street Guild East Housing Development Fund Company Inc Garden City, NY | $32,476,672 | $9,886,793 |