Peekskill Police Assoc Inc
- Assets
- $182.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peekskill, NY
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 23-7424194
The information for Peekskill Police Assoc Inc is as of the organization's most recent filing in December '21. This organization is located in Peekskill, NY. It has been in existence for 21 years, following its founding in 2000.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Peekskill Police Assoc Inc's NTEE code is J40. The "J" tells us that the organization is classified along with Employment. The "40" tells us that the organization is involved in Labor Unions. The NTEE describes Labor Unions as organizations that work to promote the rights of employees to fair remuneration and safe working conditions. This organization is specifically classified as a section 501(c)(5) organization, which falls under the category of Labor, Agricultural and Horticultural Organizations according to the C Section Code.
Program Areas
Within the worker protection and benefits program area, the organization focuses on reporting all revenues, support, and functional expenses that pertain to ensuring the well-being and rights of workers. This program area encompasses various initiatives and measures aimed at safeguarding the interests and welfare of employees, including benefits and protections related to employment, such as workplace safety, fair wages, and labor rights.
Organization Growth
The Peekskill Police Assoc Inc nonprofit organization has experienced growth over the given time period. Both the total revenue and benefits paid to members have increased significantly. The total revenue has risen from $79.2K in 2016 to $114.9K in 2021, indicating a notable increase in financial resources. Similarly, the benefits paid to members have also seen a substantial growth, going from $23.3K in 2016 to $62.3K in 2021. These upward trends in both revenue and benefits suggest that the organization has expanded and become more financially stable over the specified time frame.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Kruithof President | 10 | $2,000 | |
Joe Gorman Vice President | 0 | $1,500 | |
Frank Muscente Secretary | 0 | $1,250 | |
Pamela Sgori Treasurer | 0 | $1,250 | |
Gerritt Dykstra Trustee | 10 | $400 | |
Kevin Stewart Trustee | 0 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,345 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,950 |
| Investment income | $12,589 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,050 |
| Other Revenue | $0 |
| Total Revenue | $114,934 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $62,290 |
| Salaries, other compensation, and employee benefits | $8,863 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,095 |
| Total expenses | $91,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,375 |
| Other assets | $0 |
| Total assets | $182,240 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,240 |