Community Basics Inc
- Assets
- $9.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 16
- Location
- Lancaster, PA
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 23-2951213
Organization Overview
Community Basics Inc is located in Lancaster, PA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Basics Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Basics 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 12/2023, Community Basics Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATE AND MANAGE HIGHQUALITY AFFORDABLE HOUISNG IN CENTRAL PA AND THE SURROUNDING AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING TO HOMELESS PERSONS, DEVELOPED LOW TO MODERATE INCOME HOUSING, MANAGED LOW INCOME TAX CREDIT PROJECTS, AND PROVIDED SUPPORTIVE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Wagner Chair | Officer | $0 | |
Jack Crowley Vice Chair | Officer | $0 | |
Marshall Snively Treasurer | Officer | $0 | |
Charlene Kachnoskie Secretary | Officer | $0 | |
Jessika Heipler Member | Officer | $0 | |
Lisa A Greener Executive Director | Trustee | $119,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $105,525 |
| 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 | $105,525 |
| Total Program Service Revenue | $0 |
| Investment income | $12,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $213,609 |
| 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 | $3,880,488 |
| 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. | $119,933 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $759,614 |
| Pension plan accruals and contributions | $44,827 |
| Other employee benefits | $174,942 |
| Payroll taxes | $66,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,542 |
| Fees for services: Accounting | $2,138 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,637 |
| Office expenses | $90,163 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,090 |
| Interest | $30,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $149,544 |
| Insurance | $17,172 |
| All other expenses | $77,809 |
| Total functional expenses | $1,952,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,108,482 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,185,451 |
| 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 | $292,713 |
| Net Land, buildings, and equipment | $3,389,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,705,325 |
| Total assets | $9,681,952 |
| Accounts payable and accrued expenses | $156,153 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $4,069,518 |
| Total liabilities | $4,375,671 |
| Net assets without donor restrictions | $5,306,281 |
| 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 | $9,681,952 |