New Settlement Community Campus Corp
- Assets
- $13.2m
- Revenue
- $691.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-3590089
Organization Overview
New Settlement Community Campus Corp is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Settlement Community Campus 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 12/2022, New Settlement Community Campus Corp generated $691.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES SOCIAL, RECREATIONAL, EDUCATIONAL AND CULTURAL ACTIVITIES, EVENTS AND AFTER-SCHOOL PROGRAMS IN ITS NEWLY CONSTRUCTED COMMUNITY CENTER TO BENEFIT THE SCHOOL AND THE SURROUNDING COMMUNITY. NEW SETTLEMENT COMMUNITY CENTER IS SERVING THE COMMUNITY AND HAS 7,500 MEMBERS. THE PROJECT REVITALIZED A BLIGHTED BLOCK ALONG JEROME AVENUE AND BROUGHT BEAUTIFUL ARCHITECTURE TO THE NEIGHBORHOOD. EACH YEAR MEMBERSHIP INCREASES BY 25%. IT IS TYPICAL FOR A FAMILY TO ENROLL CHILDREN IN MULTIPLE CLASSES. THEY WATCH MEMBERS A LOSE WEIGHT, GAIN CONFIDENCE AND HAVE A SENSE OF PRIDE AT BEING PART OF THE CENTER. THIS PAST SUMMER THE CENTER SERVED OVER 800 CAMPERS PER WEEK AND AN ADDITIONAL 600 COMMUNITY MEMBERS IN GROUP SWIM CLASSES. THE ALVIN AILEY DANCE PROGRAM SERVED 170 CHILDREN FROM 4-12 YEAR OLD IN BALLET AND HIP HOP. THE CENTER WORKS COLLABORATIVELY WITH THE 3 PUBLIC SCHOOLS HOUSED IN THE CAMPUS EACH SCHOOL HAS PARTICIPATED IN ALVIN AILEY RESIDENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SOCIAL, RECREATIONAL, EDUCATIONAL AND CULTURAL ACTIVITIES, EVENTS AND AFTER - SCHOOL PROGRAMS IN THE COMMUNITY CENTER TO BENEFIT THE SCHOOL AND THE SURROUNDING COMMUNITY IT HAS ENTERED INTO A LEASE OF ITS FACILITIES TO THE NYC DEPARTMENT OF EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Sewell President | OfficerTrustee | 0.25 | $0 |
Rigaud Noel Vice President | OfficerTrustee | 0.25 | $0 |
Jacqueline Tom Secretary/treasurer | OfficerTrustee | 0.25 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $691,855 |
| Investment income | $11 |
| 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 | $691,866 |
| 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 | $139,965 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,453 |
| Advertising and promotion | $0 |
| Office expenses | $5,035 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,160 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $420,333 |
| Insurance | $7,803 |
| All other expenses | $4,371 |
| Total functional expenses | $1,187,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,261 |
| 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 | $12,231,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $876,686 |
| Total assets | $13,160,366 |
| Accounts payable and accrued expenses | $10,500 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,500 |
| Net assets without donor restrictions | $13,149,866 |
| 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 | $13,160,366 |