Madison Community Residential Project Inc
- Assets
- $44.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oneida, NY
- Founding
- 09/1981
- Data as of
- 12/2023
- EIN
- 16-1145870
Organization Overview
Madison Community Residential Project Inc is located in Oneida, NY. The organization was established in 1981. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Community Residential Project 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 12/2023, Madison Community Residential Project Inc generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE PROJECT OWNS AND RENTS HOUSING UNITS TO NYSARC, INC. MADISON CORTLAND CHAPTER, A RELATED ENTITY THAT PROVIDES SERVICES TO THE DEVELOPMENTALLY DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Getman Secretary | 1 | $0 | |
James Betro Vice President | 1 | $0 | |
Joseph Zifchock Treasurer | 1 | $0 | |
Eric Strickels President | 1 | $0 | |
Perry Courto Chief Executive Officer | 1 | $0 | |
Karen Manser Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,258 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,267 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $1,198 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,061 |
| Total expenses | $4,259 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,050 |
| Other assets | $0 |
| Total assets | $44,608 |
| Total liabilities | $67,377 |
| Net assets or fund balances | -$22,769 |