Creative Property Management Inc Sidney Blanchard
- Assets
- $49.4m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Elizabeth, NJ
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 22-2984798
Organization Overview
Creative Property Management Inc Sidney Blanchard is located in Elizabeth, NJ. The organization was established in 1990. According to its NTEE Classification (A02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Property Management Inc Sidney Blanchard is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Creative Property Management Inc Sidney Blanchard generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $5.6m during the year ending 12/2021. While expenses have increased by 6.8% 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
TO HOLD PROPERTY TO GENERATE INCOME TO SUPPORT COMMUNITY ACCESS UNLIMITED,INC A NEW JERSEY NONPROFIT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM TO PROVIDE COMMUNITY ACCESS TO PERSONS WITH HANDICAPS AND THEIR FAMILIES THROUGH EFFECTIVE, SYSTEMATIC,COMPREHENSIVE SUPPORT SERVICES INCLUDING LOW INCOME HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Poltrock President | OfficerTrustee | 2 | $0 |
Tendai Ndoro Sec/tres Elect | OfficerTrustee | 2 | $0 |
Karen Ensle Sec/tres/pres Elect | OfficerTrustee | 2 | $0 |
Bernadette Griswold Ex. Director | Officer | 2 | $0 |
Robert Griffin Trustee | Trustee | 2 | $0 |
Audrey Vasey Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Armor Environmental Solutions Building Maintenance | 12/30/21 | $484,411 |
Custom Construction Mdh Inc Building Maintenance | 12/30/21 | $257,040 |
A & A Mainenance Enterprise Building Maintenance | 12/30/21 | $102,090 |
Harold Jpoltrock Pc Legal Service | 12/30/21 | $157,010 |
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 | $5,814,394 |
| Investment income | $205,152 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $871,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,891,162 |
| 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 | $79,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $513,600 |
| Fees for services: Legal | $181,312 |
| Fees for services: Accounting | $236,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,297 |
| Fees for services: Other | $5,960 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,525 |
| Royalties | $0 |
| Occupancy | $1,910,261 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $494,007 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,655,934 |
| Insurance | $268,806 |
| All other expenses | $185,362 |
| Total functional expenses | $5,559,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,531 |
| Savings and temporary cash investments | $4,030,774 |
| 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 | $35,792,860 |
| Investments—publicly traded securities | $7,227,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,091,235 |
| Total assets | $49,398,298 |
| Accounts payable and accrued expenses | $515,577 |
| Grants payable | $0 |
| Deferred revenue | $1,189,780 |
| 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 | $10,398,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,074,927 |
| Total liabilities | $17,179,174 |
| Net assets without donor restrictions | $32,219,124 |
| 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 | $49,398,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Creative Property Management Inc Sidney Blanchard Elizabeth, NJ | $49,398,298 | $6,891,162 |
Culturetrust Greater Philadelphia Philadelphia, PA | $7,739,298 | $9,431,681 |
First Draft News Inc New York, NY | $1,848,129 | $1,946,147 |
Perkins Center For The Arts Moorestown, NJ | $1,258,666 | $1,432,700 |
House Foundation For The Arts Inc New York, NY | $629,706 | $1,012,293 |
New Jersey Theatre Alliance Allenhurst, NJ | $2,374,928 | $995,314 |
Art Resources Transfer Inc New York, NY | $322,136 | $639,045 |
We Have Stories New York, NY | $700 | $383,150 |
Buffalo Hispanic Management Company Inc Buffalo, NY | $4,257,121 | $408,967 |
Main St Pittsburgh, PA | $22,323 | $0 |
In Wilmington Marketing Group Inc Wilmington, DE | $129,191 | $106,300 |
Arts Resources In Collaboration Inc New York, NY | $37,537 | $0 |