Corry Community Development Corporation
- Assets
- $813.5k
- Revenue
- $511.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Corry, PA
- Founding
- 07/2000
- Data as of
- 03/2022
- EIN
- 25-1849375
Organization Overview
Corry Community Development Corporation is located in Corry, PA. The organization was established in 2000. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corry Community Development Corporation 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 03/2022, Corry Community Development Corporation generated $511.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $329.4k during the year ending 03/2022. While expenses have increased by 26.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
STRATEGIC COMMUNITY INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY IS DEDICATED TO TAKING A LEADERSHIP ROLE TO FACILITATE THE IDENTIFICATION OF RESOURCES AND LINKING THEM TO THE CORRY VISION PLAN AND OTHER STRATEGIC COMMUNITY INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Neckers President | OfficerTrustee | 5 | $0 |
Erin Passinger Treasurer | OfficerTrustee | 5 | $0 |
Brody Howard Vice President | OfficerTrustee | 5 | $0 |
Pat Goodsel Director | Trustee | 5 | $0 |
Brad Allen Director | Trustee | 5 | $0 |
Kim Hawkes Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $375,272 |
| All other contributions, gifts, grants, and similar amounts not included above | $131,451 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $506,723 |
| Total Program Service Revenue | $0 |
| Investment income | $50 |
| 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 | $511,332 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,685 |
| Office expenses | $8,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,802 |
| Travel | $928 |
| 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 | $3,570 |
| Insurance | $3,805 |
| All other expenses | $0 |
| Total functional expenses | $329,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $686,776 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,000 |
| 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 | $38,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $813,499 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $98,058 |
| Net assets with donor restrictions | $715,441 |
| 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 | $813,499 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Corry Community Development Corporation has recieved totaling $93,988.
| Awarding Organization | Amount |
|---|---|
Corry Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $53,386 |
Aarp Washington, DC PURPOSE: Grant to support AARP's Livable Communities initiative | $25,000 |
Erie Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $15,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Park Conservancy Inc New York, NY | $389,474,475 | $64,665,936 |
Goodwill Industries International Inc Rockville, MD | $67,550,943 | $66,436,715 |
City Parks Foundation Inc New York, NY | $46,351,327 | $21,146,324 |
Pier55 Inc New York, NY | $281,389,922 | $61,475,219 |
Bryant Park Corporation New York, NY | $13,271,219 | $15,814,011 |
Appalachian Trail Conservancy Harpers Ferry, WV | $31,433,012 | $14,528,575 |
Paul Simons Foundation Inc Stony Brook, NY | $121,782,003 | $9,487,542 |
Rosedale And Rosehill Cemetery Association Linden, NJ | $201,463,807 | $21,638,955 |
Prospect Park Alliance Inc Brooklyn, NY | $34,463,999 | $14,619,569 |
Avalon Nature Preserve Inc Stony Brook, NY | $43,010,885 | $9,560,636 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
Friends Of Hudson River Park Inc New York, NY | $3,524,338 | $4,419,034 |