Friends Of Algiers Village Inc
- Assets
- $1.1m
- Revenue
- $80.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Guilford, VT
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-1922996
Organization Overview
Friends Of Algiers Village Inc is located in Guilford, VT. The organization was established in 2006. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Algiers Village 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 12/2021, Friends Of Algiers Village Inc generated $80.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $82.2k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRESERVATION, CONSERVATION, AND ENJOYMENT OF THE NATURAL AND HUMAN RESOURCES OF THE VILLAGE OF ALGIERS IN GUILFORD, VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTED SPACE TO REOPEN GUILFORD COUNTRY STORE WHICH SERVES AS A COMMUNITY CENTER FOR THE VILLAGE OF ALGIERS. BAKERY OPERATION HAS BEEN ADDED IN ADDITION TO ONGOING RENOVATIONS TO EXPAND RENTAL OPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Rider Pres | OfficerTrustee | 6 | $0 |
Tom Nunziata VP | OfficerTrustee | 6 | $0 |
Sheila Morse Treasurer | OfficerTrustee | 6 | $0 |
Eric Morse Dir | Trustee | 2 | $0 |
Bill Jewell Dir | Trustee | 2 | $0 |
Peter Hetzel Dir | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,747 |
| Total Program Service Revenue | $59,268 |
| Investment income | $48 |
| 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 | $80,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,605 |
| 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 | $615 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,377 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,967 |
| Insurance | $4,862 |
| All other expenses | $0 |
| Total functional expenses | $82,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,909 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,019,936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,570 |
| Total assets | $1,123,415 |
| Accounts payable and accrued expenses | $0 |
| 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 | $262,041 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,786 |
| Total liabilities | $265,827 |
| Net assets without donor restrictions | $857,588 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,123,415 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Algiers Village Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Copper Beech Foundation New York, NY PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Copper Beech Foundation New York, NY PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Codman Square Neighborhood Development Corporation Dorchester, MA | $49,534,179 | $9,221,133 |
Broc-Community Action In Southwestern Vermont Rutland, VT | $4,592,577 | $9,366,618 |
Urban Edge Housing Corp Roxbury, MA | $48,065,772 | $13,249,471 |
Jamaica Plain Neighborhood Development Corporation Jamaica Plain, MA | $42,347,137 | $8,553,419 |
Fifth Avenue Association Business Improvement District Inc New York, NY | $1,371,227 | $6,747,998 |
Fifth Avenue Committee Incorporated Brooklyn, NY | $7,015,493 | $7,933,714 |
Opportunity Communities Llc Chelsea, MA | $1,253,175 | $6,991,638 |
Just A Start Inc Cambridge, MA | $43,187,600 | $7,410,722 |
Highbridge Community Development Corporation Bronx, NY | $13,193,541 | $8,682,034 |
National Association Of City Transportation Officials Inc New York, NY | $6,540,874 | $5,711,482 |
Association Of Community Employment Programs For The Homeless Inc Long Island City, NY | $3,101,149 | $7,463,894 |
Community Development Project Inc New York, NY | $4,268,160 | $6,872,334 |