The Erie Arc Development Corporation Inc
- Assets
- $336.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsville, NY
- Founding
- 03/1986
- Data as of
- 12/2022
- EIN
- 22-2599794
Organization Overview
The Erie Arc Development Corporation Inc is located in Williamsville, NY. The organization was established in 1986. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erie Arc Development Corporation 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, Erie Arc Development Corporation Inc generated $89.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $76.4k during the year ending 12/2022. While expenses have increased by 2.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION OPERATES A HUD HOME IN LANCASTER, NY WHICH PROVIDES RESIDENTIAL ROOM AND BOARD FOR 9 DEVELOPMENTALLY DISABLED ADULTS. PROGRAMS DESIGNED TO ASSIST THE RESIDENTS IN BECOMING INDEPENDENT AND PRODUCTIVE MEMBERS OF THE COMMUNITY ARE LICENSED AND FUNDED THROUGH THE NYS OPWDD. THE COMBINATION OF THE PROGRAMS AND THE ROOM AND BOARD COMPONENTS ARE INTEGRAL TO THE QUALITY OF LIFE FOR THE INDIVIDUALS SERVED THROUGH THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Digesare Chief Executive Officer | 0.5 | $0 | |
Lori Brien Chief Financial Officer | 0.5 | $0 | |
Danielle Eisen Shainbrown Chairman | 0.5 | $0 | |
Patrick Young Vice Chairman | 0.5 | $0 | |
Dr Shane Grant Recording Secretary | 0.5 | $0 | |
Patricia A Johnson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $89,647 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,245 |
| Occupancy, rent, utilities, and maintenance | $42,569 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,606 |
| Total expenses | $76,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,972 |
| Other assets | $0 |
| Total assets | $336,445 |
| Total liabilities | $139,914 |
| Net assets or fund balances | $196,531 |