Community Progress Incorporated
- Assets
- $801.4k
- Revenue
- $712.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Corning, NY
- Founding
- 01/1971
- Data as of
- 09/2022
- EIN
- 23-7076247
Organization Overview
Community Progress Incorporated is located in Corning, NY. The organization was established in 1971. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Community Progress Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Progress Incorporated 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 09/2022, Community Progress Incorporated generated $712.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $737.7k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A COMMUNITY BASED, NOT-FOR-PROFIT DEDICATED TO ASSISTING LOW-MODERATE INCOME PEOPLE AND LOCAL MUNICIPALITIES WITH HOUSING NEEDS WITHIN THE COUNTIES OF CHEMUNG, SCHUYLER, AND STEUBEN, IN PARTNERSHIP WITH NATIONAL, REGIONAL, AND LOCAL ORGANIZATIONS OFFERING UNIQUE OPPORTUNITIES THROUGH: 1. OPERATION OF HOUSING REHABILIATION PROGRAMS TO SINGLE, MULTIPLE AND MIXED-USED DWELLINGS AND 2. OPERATION OF BUSINESS REHABILITATION/DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING REHABILITATION SERVICES TO HOMEOWNERS ELIGIBLE FOR SUCH GRANTS IN THE REGIONAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Chevalier Executive Dir. | Officer | 40 | $79,336 |
Cathy Weil Chairperson | OfficerTrustee | 0.25 | $0 |
David Huber Vice Chair | OfficerTrustee | 0.25 | $0 |
Amy Kehr Director | OfficerTrustee | 0.25 | $0 |
Mark Fife Board Member | OfficerTrustee | 0.25 | $0 |
Helene Fausold Treasurer | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $644,060 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,708 |
| Total Program Service Revenue | $66,136 |
| Investment income | $125 |
| 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 | $711,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $486,129 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,336 |
| Compensation of current officers, directors, key employees. | $15,867 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,539 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,070 |
| Payroll taxes | $9,247 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,900 |
| Advertising and promotion | $757 |
| Office expenses | $3,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,065 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,664 |
| Interest | $1,299 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,815 |
| Insurance | $8,235 |
| All other expenses | $1,991 |
| Total functional expenses | $737,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,669 |
| Savings and temporary cash investments | $18,768 |
| Pledges and grants receivable | $152,787 |
| 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 | $1,223 |
| Net Land, buildings, and equipment | $383,998 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $801,445 |
| Accounts payable and accrued expenses | $38,234 |
| Grants payable | $0 |
| Deferred revenue | $34,412 |
| 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 | $301,600 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $374,246 |
| Net assets without donor restrictions | $427,199 |
| 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 | $801,445 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Progress Incorporated has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Elmira Corning And The Finger Lakes Horseheads, NY PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rcap Solutions Inc Worcester, MA | $9,084,523 | $86,440,230 |
Communities Of Don Guanella And Divine Providence Philadelphia, PA | $32,652,793 | $61,764,962 |
Homes For Our Troops Inc Taunton, MA | $32,216,870 | $35,704,270 |
Arc Ocean County Chapter Lakewood, NJ | $28,493,804 | $32,257,873 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |