Bethel Community Development Corp
- Assets
- $1.2m
- Revenue
- -$23.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 16-1554279
Organization Overview
Bethel Community Development Corp is located in Buffalo, NY. The organization was established in 1999. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REHABILITATE BUILDINGS FOR SALE AND LEASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINING AND ENHANCING THE CHARACTER OF THE NEIGORHOOD BY DEVELOPING RESIDENTIAL AND COMMERCIAL REAL ESTATE.
MAINTAINING AND ENHANCING THE CHARACTER OF THE NEIGORHOOD BY DEVELOPING RESIDENTIAL AND COMMERCIAL REAL ESTATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willie Pulliam President | 0 | $0 | |
Richard Stenhuse Secretarytreasurer | 0 | $0 | |
Sharon Stenhouse Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$267,435 |
| Net Gain on Sale of Assets | -$273,226 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,199 |
| Total Revenue | -$23,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $25,172 |
| Taxes | $0 |
| Depreciation | $137,281 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,740 |
| Total operating and administrative expenses | $243,618 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $243,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,541 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,040,949 |
| Other assets | $33,147 |
| Total assets | $1,202,637 |
| Accounts payable and accrued expenses | $17,937 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $156,092 |
| Other liabilities | $1,500 |
| Total liabilities | $175,529 |