People Inc is located in Buffalo, NY. The organization was established in 1990. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. People 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 06/2020, People Inc generated $201.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $212.1k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND OPERATE A 24 UNIT MULTI-FAMILY HOUSING PROJECT FOR LOW INCOME, DISABLED/HANDICAPPED PERSONS IN BUFFALO, NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND OPERATE A 24 UNIT MULTI-FAMILY HOUSING PROJECT FOR LOW INCOME, DISABLED/HANDICAPPED PERSONS IN BUFFALO, NEW YORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin J Cross Chairperson | OfficerTrustee | 0.2 | $0 |
Althea Luehrsen Vice Chairperson | OfficerTrustee | 0.2 | $0 |
Lisa Rafalson Secretary | OfficerTrustee | 0.2 | $0 |
Lisa M Kirisits Treasurer | OfficerTrustee | 0.2 | $0 |
Franca Trincia CFO | Officer | 0.5 | $0 |
Tamara Owen President / CEO | Officer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $268 |
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 | $201,354 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $33,115 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,187 |
Payroll taxes | $3,182 |
Fees for services: Management | $16,792 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,787 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $9,472 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $42,296 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $312 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $60,085 |
Insurance | $16,566 |
All other expenses | $0 |
Total functional expenses | $212,067 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,009 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $703 |
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 | $5,028 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $266,729 |
Total assets | $1,124,899 |
Accounts payable and accrued expenses | $4,318 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,702,800 |
Unsecured mortgages and notes payable | $1,000 |
Other liabilities | $4,836 |
Total liabilities | $1,712,954 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$588,055 |
Organization Name | Assets | Revenue |
---|---|---|
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |
Dr Gertrude A Barber Center Inc Erie, PA | $51,676,783 | $81,656,066 |
Special People In Northeast Inc Spin Center Philadelphia, PA | $40,173,863 | $79,124,393 |
Nysarc Inc Monticello, NY | $41,640,766 | $75,670,784 |
Step By Step Inc Wilkes Barre, PA | $34,766,610 | $77,394,755 |
Lycoming-Clinton Joinder Board Williamsport, PA | $25,506,489 | $75,903,170 |
Supportive Concepts For Families Inc Reading, PA | $18,791,646 | $75,001,291 |