Troy Community Works Corporation is located in Troy, OH. The organization was established in 2009. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Troy Community Works 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 06/2022, Troy Community Works Corporation generated $346.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $259.7k during the year ending 06/2022. 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
TROY COMMUNITY WORKS SERVES TO ENHANCE THE LONG-TERM WELL-BEING AND LIVABILITY OF THE CITY OF TROY THROUGH A COLLABORATIVE APPROACH TO SUSTAINABLE COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PUBLIC AREA ENHANCEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Frauenberger Treasurer | OfficerTrustee | 5 | $0 |
Keith Packard Vice Preside | OfficerTrustee | 5 | $0 |
Linda Pittenger Secretary | OfficerTrustee | 5 | $0 |
Nate Trembley President | OfficerTrustee | 5 | $0 |
Jeremy Carter Director | Trustee | 1 | $0 |
Francis Harris Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $122,707 |
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 | $122,707 |
Total Program Service Revenue | $223,976 |
Investment income | $24 |
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 | $346,707 |
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 | $1,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,244 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,668 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,520 |
Interest | $77,180 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $115,543 |
Insurance | $7,582 |
All other expenses | $1,127 |
Total functional expenses | $259,715 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $84,960 |
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 | $2,939,146 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,024,106 |
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 | $1,634,562 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,800 |
Total liabilities | $1,648,362 |
Net assets without donor restrictions | $0 |
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 | $1,375,744 |
Total liabilities and net assets/fund balances | $3,024,106 |
Over the last fiscal year, we have identified 1 grants that Troy Community Works Corporation has recieved totaling $48,166.
Awarding Organization | Amount |
---|---|
Troy Foundation Troy, OH PURPOSE: SOCIAL SERVICES; COLEMAN-ALLEN-SAIDLEMAN CAS BUILDING PROJECT | $48,166 |
Organization Name | Assets | Revenue |
---|---|---|
Dollar Energy Fund Inc Pittsburgh, PA | $29,721,352 | $23,037,155 |
Energy Coordinating Agency Of Philadelphia Inc Philadelhia, PA | $4,156,870 | $17,660,591 |
Heat And Warmth Fund Detroit, MI | $15,314,443 | $15,272,567 |
Neighborhood Housing Services Of Toledo Inc Toledo, OH | $12,631,816 | $6,150,831 |
Utility Emergency Services Fund Philadelphia, PA | $5,623,500 | $5,804,088 |
Cincinnati Development Fund Inc Cincinnati, OH | $54,993,767 | $6,552,988 |
National Faith Homebuyers Detroit, MI | $1,341,314 | $1,253,768 |
Hope Of Evansville Inc Evansville, IN | $1,278,111 | $550,592 |
Northland Homes And Properties Inc Marion, OH | $2,724,722 | $556,881 |
Allegheny Council To Improve Our Neighborhood Housing Incorporated East Pittsburgh, PA | $0 | $1,407,000 |
United Neighborhoods Inc Hammond, IN | $1,715,145 | $339,107 |
Indiana Utility Rate Payer Tr Muncie, IN | $7,480,897 | $294,604 |