Latrobe Community Revitalizationprogram Inc
- Assets
- $212.0k
- Revenue
- $252.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Latrobe, PA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-5700353
Organization Overview
Latrobe Community Revitalizationprogram Inc is located in Latrobe, PA. The organization was established in 2007. 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. As of 12/2021, Latrobe Community Revitalizationprogram Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latrobe Community Revitalizationprogram 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, Latrobe Community Revitalizationprogram Inc generated $252.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $244.3k during the year ending 12/2021. While expenses have increased by 4.5% 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 MISSION OF THE ORGANIZATION INCLUDES THE FOLLOWING: 1) TO PROMOTE THE HISTORIC PRESERVATION, PROTECTION AND USE OF THE CITY OF LATROBE'S TRADITIONAL DOWNTOWN AREA, INCLUDING THAT AREAS'COMMERCIAL, CIVIC AND RELIGIOUS ENTERPRISES AND RESIDENCES. 2) TO TAKE REMEDIAL ACTIONS TO ELIMINATE THE PHYSICAL, ECONOMIC AND SOCIAL DETERIORATION OF THE CITY OF LATROBE'S TRADITIONAL DOWNTOWN AREA AND THEREBY PROMOTE THE CITY OF LATROBE'S HISTORIC PRESERVATION, CONTRIBUTE TO ITS COMMUNITY BETTERMENT WHILE LESSENING THE BURDENS OF THE CITY OF LATROBE'S GOVERNMENT. 3) TO DISSEMINATE INFORMATION OF AND PROMOTE INTEREST IN THE PRESERVATION, HISTORY, CULTURE, ARCHITECTURE AND PUBLIC USE OF THE CITY OF LATROBE'S TRADITIONAL DOWNTOWN AREA. 4) TO HOLD MEETINGS, SEMINARS AND OTHER ACTIVITIES FOR THE INSTRUCTION OF MEMBERS AND THE PUBLIC IN THOSE ACTIVITIES SUCH AS BUILDING REHABILITATION AND DESIGN, ECONOMIC RESTRUCTURING AND PLANNING MANAGEMENT THAT FOSTER THE PRESERVATION OF THE CITY OF LATROBE'S TRADITI
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO REVITALIZE THE DOWNTOWN BUSINESS DISTRICT BY PRESERVING THE HISTORICAL ARCHITECTUTE AND STRENGHTHENING ECONOMIC DEVELOPMENT.
THE BUSINESS INCUBATOR PROGRAM CREATES AND RETAINS JOBS IN ORDER TO HELP BUSINESSES GROW IN DOWNTOWN LATROBE, PA ON A LONG-TERM BASIS.
FUNDING FOR COVID RELIEF TO A LOCAL ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarod Trunzo Executive Di | Officer | 40 | $61,700 |
Tim Dingman President | OfficerTrustee | 2 | $0 |
Chad Ruffner Secretary | OfficerTrustee | 2 | $0 |
Jim Burica Board Member | Trustee | 1 | $0 |
Ralph Jenko Board Member | Trustee | 1 | $0 |
Ed Kubicek Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,828 |
| Total Program Service Revenue | $4,744 |
| Investment income | $0 |
| 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 | $252,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,000 |
| 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 | $83,578 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,324 |
| Payroll taxes | $6,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,164 |
| Office expenses | $4,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,689 |
| Travel | $1,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,720 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,818 |
| All other expenses | $992 |
| Total functional expenses | $244,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,004 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $212,004 |
| Accounts payable and accrued expenses | $3,370 |
| 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 | $3,370 |
| Net assets without donor restrictions | $208,634 |
| 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 | $212,004 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Latrobe Community Revitalizationprogram Inc has recieved totaling $116,755.
| Awarding Organization | Amount |
|---|---|
Katherine Mabis Mckenna Foundation Inc Latrobe, PA PURPOSE: GENERAL SUPPORT | $84,000 |
Katherine Mabis Mckenna Foundation Inc Latrobe, PA PURPOSE: PLANNING SUPPORT | $25,000 |
Philip M Mckenna Foundation Inc Pittsburgh, PA PURPOSE: DOWNTOWN LATROBE | $7,500 |
George R And Janet E Desko Charitable Foundation Latrobe, PA PURPOSE: DONATION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
Brooklyn Navy Yard Development Corporation Brooklyn, NY | $543,633,704 | $68,378,369 |
Cent For Urban Community Svcs New York, NY | $78,734,129 | $72,768,234 |
4mycity Inc Taneytown, MD | $269,763 | $70,588,044 |
The Community Preservation Corporation New York, NY | $1,407,109,282 | $65,839,600 |
Columbia Association Inc Columbia, MD | $168,635,825 | $73,239,829 |
Impact Community Action Columbus, OH | $17,964,278 | $51,062,093 |
Kennedy Krieger Education And Community Services Inc Baltimore, MD | $14,340,565 | $48,121,720 |
Mosaic Community Services Inc Timonium, MD | $34,184,592 | $47,201,258 |
Westchester Community Opportunity Program Inc Elmsford, NY | $7,932,264 | $37,716,573 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
St Nicks Alliance Corp Brooklyn, NY | $44,353,994 | $35,596,992 |