Hudson Valley Oil Heat Council Inc
- Assets
- $123.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rhinebeck, NY
- Founding
- 08/1962
- Data as of
- 12/2021
- EIN
- 14-6029801
Organization Overview
Hudson Valley Oil Heat Council Inc, operating under the name Hudson Valley Oil & Energy Council, is located in Rhinebeck, NY. The organization was established in 1962. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Valley Oil & Energy Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Hudson Valley Oil & Energy Council generated $47.7k 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 (5.0%) each year. All expenses for the organization totaled $26.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE THE COMMON INTEREST OF MEMBER HEATING OIL COMPANIES AND PROVIDE A FORUM FOR DISCUSSING BUSINESS ISSUES FACING THE MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mahoney President | 0.75 | $0 | |
Mary Conboy Secretary | 0.75 | $0 | |
Christina Vazquez Vice Preside | 0.75 | $0 | |
Ron Mustello Treasurer | 0.75 | $0 | |
Leann Panebianco Board Member | 0.75 | $0 | |
Chris Scaturro Board Member | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,128 |
| Investment income | $1,187 |
| Gain or Loss | $1,085 |
| Net Income from Gaming & Fundraising | $13,312 |
| Other Revenue | $0 |
| Total Revenue | $47,712 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,890 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $609 |
| Other expenses | $16,316 |
| Total expenses | $26,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,367 |
| Other assets | $0 |
| Total assets | $123,367 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spiritrust Lutheran Life Chambersburg, PA | $3,486,716 | $9,493,796 |
Ridc Southwestern Pennsylvania Growth Fund Pittsburgh, PA | $94,671,467 | $5,640,315 |
Project Management Institute Educational Foundation Newtown Square, PA | $4,756,055 | $4,802,761 |
People For People Community Development Corporation Philadelphia, PA | $6,238,407 | $1,301,156 |
Civic Concourse Village Corporation New York, NY | $28,206,759 | $2,332,033 |
Ridc Mill 19a Pittsburgh, PA | $29,613,197 | $2,172,080 |
Boston Impact Initiative Fund Jamaica Plain, MA | $9,324,957 | $1,483,915 |
Circulo Real Property Holding Corporation Garden City, NY | $14,540,047 | $1,206,514 |
Bartlett Place Land Inc Roxbury, MA | $22,793,078 | $357,748 |
Downtown Committee Of Syracuse Inc Syracuse, NY | $1,105,419 | $1,527,939 |
Greater Philadelphia Chamber Of Commerce Regional Foundation Philadelphia, PA | $2,959,900 | $790,202 |
Suburban Development Council Inc Collegeville, PA | $9,609,531 | $227,497 |