Albany County Opportunity Incorporated
- Assets
- $11.0m
- Revenue
- $11.7m
- Investments
- $0.0
- Employees
- 162
- Location
- Albany, NY
- Founding
- 01/1967
- Data as of
- 02/2024
- EIN
- 14-6037204
Organization Overview
Albany County Opportunity Incorporated, operating under the name Albany Community Action P'ship, is located in Albany, NY. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 02/2024, Albany Community Action P'ship employed 162 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Community Action P'ship 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 02/2024, Albany Community Action P'ship generated $11.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $11.0m during the year ending 02/2024. While expenses have increased by 3.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ACAP WORKS IN PARTNERSHIP WITH FAMILIES AND COMMUNITIES TO EMPOWER PEOPLE TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND AN IMPROVED QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START PROGRAM: PROVIDE COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT FOR DISADVANTAGED PRESCHOOL CHILDREN AND FAMILIES. APPROXIMATELY 349 SERVED.
GENERAL COMMUNITY SERVICES: PROVIDE A NUMBER OF SERVICES WITHIN THE GENERAL COMMUNITY FOR YOUTH AND THE AGING AS PROGRAMS FOR LOW-INCOME FAMILIES AND UNDERPRIVILEDGED INDIVIDUALS.
VARIOUS PROGRAM SERVICES: ASSIST DISADVANTAGED CHILDREN AND FAMILIES IN LEADING A DIGNIFIED LIFE. APPROXIMATELY 250 SERVED.
ENERGY ASSISTANCE PROGRAMS: PROVIDE ENERGY ASSISTANCE TO IMPOVERISHED FAMILIES AND THE AGED OR DISABLED THROUGH WEATHERIZATION AND DIRECT ASSISTANCE PROGRAMS. APPROXIMATELY 168 SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neenah Bland Executive Director | Officer | 37.5 | $134,074 |
Kristin Daly Director Finance | Officer | 37.5 | $97,236 |
Jessica Dejesus Director Community & Career Svcs | Officer | 37.5 | $95,552 |
Nerissa Bland-Roberts Director Early Childhood/head Start | Officer | 37.5 | $108,202 |
Tracy Calone Director Technology/energy | Officer | 37.5 | $85,748 |
Monica Rios Director Human Services | Officer | 37.5 | $80,333 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Martinez Cleaning Cleaning Services | 2/28/24 | $260,373 |
James D Warren & Son Inc Plumbing, Heating And Cooling Contractor | 2/28/24 | $606,439 |
True Building Performance Home Insulation Contractors | 2/28/24 | $268,822 |
Boys & Girls Clubs Of The Capital Area I Student Meals | 2/28/24 | $203,310 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,299,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $981,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,280,270 |
| Total Program Service Revenue | $0 |
| Investment income | $53,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33,228 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,671,063 |
| 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. | $695,674 |
| Compensation of current officers, directors, key employees. | $357,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,101,587 |
| Pension plan accruals and contributions | $120,467 |
| Other employee benefits | $591,554 |
| Payroll taxes | $548,855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,533 |
| Fees for services: Accounting | $79,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,115 |
| Office expenses | $35,666 |
| Information technology | $116,920 |
| Royalties | $0 |
| Occupancy | $842,935 |
| Travel | $44,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,894 |
| Insurance | $12,465 |
| All other expenses | $546,450 |
| Total functional expenses | $11,029,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,893,635 |
| Savings and temporary cash investments | $127,192 |
| Pledges and grants receivable | $1,454,341 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $54,966 |
| Prepaid expenses and deferred charges | $31,635 |
| Net Land, buildings, and equipment | $1,292,533 |
| Investments—publicly traded securities | $2,167,498 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $979,325 |
| Total assets | $11,001,125 |
| Accounts payable and accrued expenses | $1,137,049 |
| Grants payable | $0 |
| Deferred revenue | $497,897 |
| 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 | $871,930 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $895,950 |
| Total liabilities | $3,402,826 |
| Net assets without donor restrictions | $7,510,220 |
| Net assets with donor restrictions | $88,079 |
| 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 | $11,001,125 |
Grants Awarded
Over the last fiscal year, Albany County Opportunity Incorporated has awarded $83,672 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHEAST PARENT AND CHILD SOCIETY PURPOSE: NON-PROFIT CAREER DEVELOPMENT SERVICES | $19,000 |
SCHENECTADY COMMUNITY ACTION PROGRAM PURPOSE: NON-PROFIT CAREER DEVELOPMENT SERVICES | $64,672 |