Deposit Foundation Inc
- Assets
- $124.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deposit, NY
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 22-3073647
Organization Overview
Deposit Foundation Inc is located in Deposit, NY. The organization was established in 1991. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deposit Foundation 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, Deposit Foundation Inc generated $62.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $62.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
HUMAN & HEALTH SERVICES INCLUDING MEDICAL TRANS- PORTATION, SENIOR COMPANIONSHIP, COMMUNITY MEALS AND TOYS FOR TOTS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Moranda Executive Director | 24 | $17,000 | |
Phoebe Carson Vice President | 1 | $0 | |
Gail Musante Treasurer | 1 | $0 | |
Judy Lloyd Secretary | 1 | $0 | |
Karen Budine Board Member | 1 | $0 | |
Betty Reynolds Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,204 |
| Total Program Service Revenue | $482 |
| Membership dues | $0 |
| Investment income | $1,748 |
| Gain or Loss | $1,707 |
| Net Income from Gaming & Fundraising | $6,350 |
| Other Revenue | $0 |
| Total Revenue | $62,491 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,342 |
| Professional fees and other payments to independent contractors | $7,316 |
| Occupancy, rent, utilities, and maintenance | $4,200 |
| Printing, publications, postage, and shipping | $397 |
| Other expenses | $18,242 |
| Total expenses | $62,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,524 |
| Other assets | $0 |
| Total assets | $124,524 |
| Total liabilities | $144 |
| Net assets or fund balances | $124,380 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Deposit Foundation Inc has recieved totaling $42,853.
| Awarding Organization | Amount |
|---|---|
United Way Of Broome County Inc Binghamton, NY PURPOSE: VOLUNTEER TRANSPORTATION | $20,000 |
Community Foundation For South Central New York Inc Johnson City, NY PURPOSE: VOLUNTEER TRANSPORATION PROGRAM | $20,000 |
Busfield Foundation Windsor, NY PURPOSE: GENERAL | $2,446 |
Kenneth M Axtell Jr Foundation Norwich, NY PURPOSE: GENERAL OPERATING | $400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Michaels Community Services Corporation Camden, NJ | $48,473,807 | $8,637,574 |
Rebuilding Together Pittsburgh Pittsburgh, PA | $2,584,527 | $5,910,311 |
Pennsylvania Community Real Estate Corporation Philadelphia, PA | $2,208,755 | $5,682,149 |
Foresight Affordable Housing Of Maryland Inc Ventnor City, NJ | $0 | $285 |
Advance Housing Inc Paramus, NJ | $19,258,863 | $6,195,481 |
Audubon Mutual Housing Corporation Manchester Township, NJ | $4,505,231 | $4,954,213 |
Housing Works Services Inc Brooklyn, NY | $2,273,707 | $4,786,590 |
Willow Gardens Inc New Rochelle, NY | $20,661,774 | $5,354,577 |
United Residents In Academy Homes Ii Inc Roxbury, MA | $30,056,643 | $8,930,600 |