Paducah Alliance Of Neighbors
- Assets
- $308.4k
- Revenue
- $243.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Paducah, KY
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 26-2288030
Organization Overview
Paducah Alliance Of Neighbors is located in Paducah, KY. The organization was established in 2011. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Paducah Alliance Of Neighbors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paducah Alliance Of Neighbors 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 12/2022, Paducah Alliance Of Neighbors generated $243.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $624.1k during the year ending 12/2022. 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
COORDINATE & FACILITATE HOMEOWNERS, THE CITY, VOLUNTEERS, & CHARITABLE ORGANIZATIONS IN QUALIFYING AND ASSISTING LOW INCOME HOMEOWNERES IN REHABILITATION OF THEIR PROPERTIES BRINGING THEM UP TO CURRENT BUILDING CODES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPED RESIDENTS OF PADUCAH REFURBISH THEIR HOME USING TAX BREAKS AND GRANT FUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Poat Executive Dir. | Trustee | 40 | $40,000 |
Dr Eddie Hamilton Director | Trustee | 2 | $0 |
Megan Davis Director | Trustee | 2 | $0 |
Jipaum Askew Robinson Director | Trustee | 2 | $0 |
Leslie Haywood-Moore Director | Trustee | 2 | $0 |
Mason Dejarnett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $137,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,336 |
| Noncash contributions included in lines 1a–1f | $3,947 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $401,871 |
| Total Program Service Revenue | -$158,993 |
| Investment income | $80 |
| 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 | $242,958 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,525 |
| 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 | $5,450 |
| 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 | $2,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,338 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $338 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $540 |
| Insurance | $16,828 |
| All other expenses | $5,085 |
| Total functional expenses | $624,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,823 |
| Savings and temporary cash investments | $121,226 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,530 |
| 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 | $1,198 |
| Net Land, buildings, and equipment | $585 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308,362 |
| Accounts payable and accrued expenses | $31,709 |
| 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 | $20,131 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $170,134 |
| Total liabilities | $221,974 |
| Net assets without donor restrictions | $86,388 |
| 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 | $308,362 |