Farmingdale Catholic Center Inc
- Assets
- $120.8k
- Revenue
- $62.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmingdale, NY
- Founding
- 08/1988
- Data as of
- 06/2024
- EIN
- 23-7283584
Organization Overview
Farmingdale Catholic Center Inc is located in Farmingdale, NY. The organization was established in 1988. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmingdale Catholic Center Inc is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 06/2024, Farmingdale Catholic Center Inc generated $62.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $73.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 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
FARMINGDALE CATHOLIC CENTER, INC IS ESTABLISHED AS A CORPORATION TO OWN AND OPERATE REAL PROPERTY FOR THE FARMINGDALE COUNCIL #2204, KNIGHTS OF COLUMBUS, A NON - PROFIT CHARITIBLE FRATERNAL ORGANIZATION.SPECIFICALLY, THE CORPORATION OWNS AND MAINTAINS A BUILDING AND ITS ASSOCIATED FURNISHINGS FOR THE COUNCIL AND ITS AUXILLARY ORGANIZATION TO USE FOR THEIR MEETINGS, FUNCTIONS AND CHARITIBLE PROJECTS.TO SUPPORT OWNERSHIP AND MAINTENANCE OF THE BUILDING AND ITS FURNISHINGS THE CORPORATION RENTS ITS PROPERTY TO LOCAL INDIVIDUALS AND GROUPS FOR PARTIES, MEETINGS, CLASSES AND OTHER FUNCTIONS.CATERING OR BEVERAGE SERVICRS ARE NOT PROVIDED,THE CORPORATION ONLY RENTS OUT THE BUILDING AND ITS FURNISHINGS.ALL FUNDS RECEIVED FROM THESE RENTALS ARE DIRECTLY APPLIED TO THE OPERATION. MAINTENANCE AND IMPROVEMENT OF THE PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL PROPERTY HOLDING DESIGNATED AS A MEETING PLACE FOR A FRATERNAL ORGANIZATION. KNIGHTS OF COLUMBUS #2204
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 |
|---|---|---|---|
Robert Emerson Director | Trustee | 1 | $0 |
Patrick Burns President & CEO | OfficerTrustee | 10 | $0 |
Rich Wagner Director | Trustee | 1 | $0 |
Jonathan Randacciu Director | OfficerTrustee | 1 | $0 |
Bob Urbanowski Treasurer | Trustee | 1 | $0 |
Richard Garczynski Director | Trustee | 1 | $0 |
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 | $62,546 |
| Investment income | $2 |
| 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 | $62,548 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $679 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $305 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,622 |
| Insurance | $5,810 |
| All other expenses | $15,572 |
| Total functional expenses | $73,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,306 |
| Savings and temporary cash investments | $0 |
| 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 | $96,198 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,312 |
| Other assets | $0 |
| Total assets | $120,816 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $33,000 |
| Deferred revenue | $0 |
| 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 | $10,051 |
| Total liabilities | $43,051 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $354,824 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$277,059 |
| Total liabilities and net assets/fund balances | $120,816 |