Coal Street Redevelopment Inc

Organization Overview

Coal Street Redevelopment Inc is located in Kingston, PA. The organization was established in 2017. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coal Street Redevelopment Inc 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 12/2021, Coal Street Redevelopment Inc generated $645.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $951.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE AN ICE SKATING FACILITY FOR WILKES-BARRE & SURROUNDING COMMUNITIES YOUTH FOR RECREATION.

Describe the Organization's Program Activity:

THE CORPORATION PROVIDED ICE TIME FOR YOUTH HOCKEY LEAGUES AND RECREATIONAL ICE SKATING TO LOW INCOME CHILDREN IN THE AREA. THE CORPORATION ALSO FURNISHED ICE TIME FOR SCHOLASTIC HOCKEY. THE CORPORATION SPONSORED HOCKEY CLINICS FOR THE BENEFIT OF CHILDREN IN NORTHEASTERN PENNSYLVANIA.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Evans
President
$0
Thomas Mcgrath
Vice-President
$0
Daniel Mccormick CPA
Treasurer
$0
Dr William Mclaughlin
Recreation Secretary
$0
John Cavanaugh
Secretary
$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$500,057
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $145,505
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 $645,562

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