Coville Bay Inc

Organization Overview

Coville Bay Inc is located in Fort Covington, NY. The organization was established in 1988. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Coville Bay Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coville Bay 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 12/2022, Coville Bay Inc generated $368.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $338.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION MAINTAINS THREE LOW INCOME APARTMENT BUILDINGS (A TOTAL OF 38 UNITS) FOR SENIOR CITIZENS BUILT WITH FMHA LOANS AND INTEREST SUBSIDY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELDERLY SUBSIDIZED HOUSING


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Board, Officers & Key Employees

Name (title)Compensation
Tammy Francis
Manager
$38,025
Ann Dabiew
Director
$0
Marilyn Furnia
Director
$0
Ward Dempsey
Director
$0
Donald Dabiew
President
$0
William Armstrong
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $102,724
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$102,724
Total Program Service Revenue$258,399
Investment income $144
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 $368,067

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