Goodwill Recsue Mission Inc
- Assets
- $2.6m
- Revenue
- $443.1k
- Investments
- $0.0
- Employees
- 9
- Location
- New York, NY
- Founding
- 12/1942
- Data as of
- 09/2021
- EIN
- 22-1487207
Organization Overview
Goodwill Recsue Mission Inc is located in New York, NY. The organization was established in 1942. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 09/2021, Goodwill Recsue Mission Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Recsue Mission 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 09/2021, Goodwill Recsue Mission Inc generated $443.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $331.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRM PROVIDES FOOD, SHELTER AND GUIDANCE TO SOME OF NEWARK'S MOST NEEDY MEN AND WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL RESCUE MISSION (GRM) OPERATES AS A CONTROLLED AFFILIATE OF THE BOWERY MISSION, THE NATION'S OLDEST RESCUE MISSION SERVING NEW YORKERS EXPERIENCING HOMELESSNESS SINCE THE 1870S. IN MARCH OF 2020, AS PART OF NEW EFFORTS TO WORK TOWARD A FINANCIALLY SUSTAINABLE STRATEGY, GOODWILL RESCUE MISSION BEGAN AN ORDERLY PHASE-OUT OF SERVICES AT ITS NEWARK, NJ CAMPUS. SERVICES REMAIN SUSPENDED AS THE ORGANIZATION EXPLORES NEW OPPORTUNITIES FOR REDEVELOPING ITS CAMPUS ON UNIVERSITY AVENUE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Winans President/ceo | OfficerTrustee | 3 | $0 |
Robert P Depue Chief Financial Officer | OfficerTrustee | 3 | $0 |
Addison Hardy Chairman | OfficerTrustee | 1 | $0 |
Laurie-Anne Bentley Chief Development Officer | Officer | 4 | $0 |
Sarino Tropeano Chief Operations Officer | Officer | 5 | $0 |
Cheryl Mitchell Chief Program Officer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $337,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $452,286 |
| Total Program Service Revenue | $0 |
| Investment income | $111 |
| 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 | $443,135 |
| 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 | $66,906 |
| Pension plan accruals and contributions | $2,002 |
| Other employee benefits | $19,098 |
| Payroll taxes | $2,360 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,545 |
| Fees for services: Investment Management | $80 |
| Fees for services: Other | $28,613 |
| Advertising and promotion | $541 |
| Office expenses | $20,486 |
| Information technology | $6,513 |
| Royalties | $0 |
| Occupancy | $31,236 |
| Travel | $2,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47 |
| Interest | $2,587 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122,003 |
| Insurance | $23,628 |
| All other expenses | $290 |
| Total functional expenses | $331,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,055 |
| 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 | $4,137 |
| Net Land, buildings, and equipment | $2,260,014 |
| Investments—publicly traded securities | $78,744 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,913 |
| Total assets | $2,639,863 |
| Accounts payable and accrued expenses | $8,048 |
| 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 | $480,643 |
| Total liabilities | $488,691 |
| Net assets without donor restrictions | $2,072,428 |
| Net assets with donor restrictions | $78,744 |
| 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 | $2,639,863 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Goodwill Recsue Mission Inc has recieved totaling $12,795.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $7,750 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,045 |
Endowment Analysis
| Earnings | $937 |
| Net Contributions | $77,807 |
| Ending Balance | $78,744 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Warm Inc Glen Mills, PA | $9,867,114 | $38,820,959 |
Springfield Rescue Mission Inc Springfield, MA | $3,518,136 | $17,540,773 |
Good Plus Foundation Inc New York, NY | $6,013,741 | $13,844,054 |
Bucks County Opportunity Council Inc Doylestown, PA | $4,467,309 | $12,553,071 |
Water Street Ministries Lancaster, PA | $27,847,945 | $13,681,131 |
Center For Food Action In New Jersey Englewood, NJ | $5,813,047 | $11,348,848 |
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Rescue Mission Of Trenton Trenton, NJ | $15,440,834 | $6,507,086 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |