Ncs Community Development Corp
- Assets
- $320.5k
- Revenue
- $337.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Rochester, NY
- Founding
- 06/1969
- Data as of
- 06/2023
- EIN
- 16-1159574
Organization Overview
Ncs Community Development Corp is located in Rochester, NY. The organization was established in 1969. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Ncs Community Development Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncs Community Development Corp 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 06/2023, Ncs Community Development Corp generated $337.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $399.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF AFFORDABLE AND SAFE HOUSING IN THE CITY OF ROCHESTER'S NORTHWEST DISTRICT.
Describe the Organization's Program Activity:
PROVIDE AND ADMINISTER GRANTS FOR AFFORDABLE AND SAFE HOUSING AND COMMUNITY DEVELOPMENT PROGRAMS TO QUALIFIED OWNERS IN THE CITY OF ROCHESTER'S NORTHWEST DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Visconte Chairperson | OfficerTrustee | 1 | $0 |
Frank Shepardson Vice Chairperson | OfficerTrustee | 1 | $0 |
David Dworkin Treasurer | OfficerTrustee | 1 | $0 |
Erica Willis Guilfoyle Secretary | OfficerTrustee | 1 | $0 |
Jon D Kuppinger Board Member | Trustee | 1 | $0 |
Karen Tamasso Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $184,477 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,727 |
| Total Program Service Revenue | $0 |
| Investment income | $2,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $337,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $173,006 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,923 |
| Compensation of current officers, directors, key employees. | $10,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,433 |
| Advertising and promotion | $0 |
| Office expenses | $13,682 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,265 |
| Travel | $347 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,915 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,206 |
| Insurance | $16,765 |
| All other expenses | $0 |
| Total functional expenses | $399,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,937 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $53,330 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $93,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $597 |
| Total assets | $320,510 |
| Accounts payable and accrued expenses | $6,470 |
| Grants payable | $0 |
| Deferred revenue | $80,093 |
| 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 | $15,661 |
| Unsecured mortgages and notes payable | $18,441 |
| Other liabilities | $0 |
| Total liabilities | $120,665 |
| Net assets without donor restrictions | $197,080 |
| Net assets with donor restrictions | $2,765 |
| 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 | $320,510 |