Cortland Sports Complex Inc

Organization Overview

Cortland Sports Complex Inc is located in Cortland, NY. The organization was established in 2001. 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. As of 06/2019, Cortland Sports Complex Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cortland Sports Complex 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 06/2019, Cortland Sports Complex Inc generated $922.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $937.6k during the year ending 06/2019. While expenses have increased by 3.8% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN AND OPERATE A FACILITY IN THE CORTLAND AREA FOR THE ADVANCEMENT OF SPORTS AND RECREATIONAL ACTIVITES OF THE YOUTH AND OTHER RESIDENTS OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OWN AND OPERATE A FACILITY IN THE CORTLAND AREA FOR THE ADVANCEMENT OF SPORTS AND RECREATIONAL ACTIVITIES OF THE YOUTH AND OTHER RESIDENTS OF THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Drake
Executive Direc
$51,635
Stephen Compagni
Treasurer
$0
Clint Brooks
Secretary
$0
Michael Swartwout
Vice President
$0
Phil Shager
President
$0
Patrick Quinn
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$337,833
Investment income $193
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 $4,115
Miscellaneous Revenue$0
Total Revenue $922,490

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cortland Sports Complex Inc has recieved totaling $12,850.

Awarding OrganizationAmount
Central New York Community Foundation Inc

Syracuse, NY

PURPOSE: GENERAL SUPPORT; CAPITAL SUPPORT

$7,000
Cortland Community Foundation

Cortland, NY

PURPOSE: General Gift

$5,850
View Grant Recipient Profile

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