Community Progress Incorporated
- Assets
- $1.0m
- Revenue
- $559.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Corning, NY
- Founding
- 01/1971
- Data as of
- 09/2024
- 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 09/2024, Community Progress Incorporated employed 5 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 09/2024, Community Progress Incorporated generated $559.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $632.6k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 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
2024
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Weil Chairperson | OfficerTrustee | 0.25 | $0 |
Joe Pavlik Treasurer | OfficerTrustee | 0.25 | $0 |
Amy Kehr Vice Chair | OfficerTrustee | 0.25 | $0 |
Helene Fausold Secretary | OfficerTrustee | 0.25 | $0 |
Mark Fife Board Member | Trustee | 0.25 | $0 |
Julie Chevalier Executive Director | Officer | 40 | $82,824 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cne Excavation Construction | 9/29/23 | $153,598 |
Lewis Homes Inc Home Services | 9/29/23 | $143,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $267,117 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,417 |
| Total Program Service Revenue | $271,002 |
| Investment income | $256 |
| 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 | $559,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $114,161 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,824 |
| Compensation of current officers, directors, key employees. | $16,565 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,084 |
| Pension plan accruals and contributions | $2,515 |
| Other employee benefits | $24,435 |
| Payroll taxes | $14,497 |
| Fees for services: Management | $3,077 |
| 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 | $28,945 |
| Advertising and promotion | $304 |
| Office expenses | $12,217 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,397 |
| Travel | $11,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,899 |
| Interest | $13,685 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,108 |
| Insurance | $9,659 |
| All other expenses | $15,869 |
| Total functional expenses | $632,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51 |
| Savings and temporary cash investments | $538,995 |
| Pledges and grants receivable | $54,266 |
| Accounts receivable, net | $45,077 |
| 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 | $10,661 |
| Net Land, buildings, and equipment | $375,397 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,877 |
| Total assets | $1,026,324 |
| Accounts payable and accrued expenses | $26,434 |
| Grants payable | $0 |
| Deferred revenue | $98,344 |
| 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 | $392,492 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,877 |
| Total liabilities | $519,147 |
| Net assets without donor restrictions | $507,177 |
| 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 | $1,026,324 |