Westside Ministries Inc
- Assets
- $1.1m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 66
- Location
- Buffalo, NY
- Founding
- 11/2002
- Data as of
- 12/2023
- EIN
- 30-0045548
Organization Overview
Westside Ministries Inc, operating under the name 716 Ministries, is located in Buffalo, NY. The organization was established in 2002. 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. As of 12/2023, 716 Ministries employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 716 Ministries 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 12/2023, 716 Ministries generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 17.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT SOCIAL SERVICES, EDUCATIONAL & CHARITABLE ACTIVITIES FOR LOW- INCOME PERSONS IN BUFFALO, NY THROUGH AFFORDABLE HOUSING, PROPERTY MANAGEMENT & WORK TRAINING FOR JOB READINESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK READINESS PROGRAM: PROVIDES TRAINING FOR INTERNATIONAL REFUGEES, UNDER SOURCED OR IMPOVERISHED URBAN RESIDENTS & TEENAGERS IN ESSENTIAL "SOFT SKILLS". DESIGNED TO HELP TRAINEES FIND & GROW IN MEANINGFUL EMPLOYMENT
PROPERTY MANAGEMENT: MINISTRY PROVIDES CUSTODIAL & LIGHT REPAIRS TO NOT-FOR-PROFIT ENTITIES & CHURCHES IN BUFFALO, NY AREA. IMMIGRANTS & UNDER-UTILIZED BUFFALO RESIDENTS ARE HIRED TO FILL POSTINGS. THE GOAL IS TO PROVIDE NEEDED SERVICES WITH LOCAL EMPLOYMENT & DEVELOP INDIVIDUAL'S SKILLS & RESPONSIBILITIES AND KEEP ECONOMIC BENEFITS IN BUFFALO.
AFFORDABLE HOUSING: MINISTRY ACQUIRES MOSTLY VIA AUCTION; VACANT RUN DON HOUSING PROPERTIES WHICH ARE REHAB' D AND MADE LIVABLE. THE MINISTRY INITIALLY RETAINS AS RENTAL UNITS AND THEN SELLS OFF PROPERTIES TO AREA RESIDENTS. SALE & RENTAL INCOME ARE USED TO HELP FUND FUTURE ACQUISITIONS AND REHABS. GOAL IS TO UPGRADE & RESTORE HOUSING STOCK TO IMPROVE THE AREA'S QUALITY OF LIFE.
COMMUNITY CENTER: THE MINISTRY ACQUIRED A FORMER CHURCH AND CLASSROOMS, REHAB' D IT AND PRESENTLY RENT IT OUT TO VARIOUS COMMUNITY PROGRAMS & ORGANIZATIONS. THE THRUST OF THE PROGRAMS INCLUDE AFTER SCHOOL HOMEWORK PROGRAMS, LANGUAGE CLASSES AND VARIOUS OTHER LIFE IMPROVEMENT SKILL CLASSES FOR LOW INCOME INDIVIDUALS ON THE WESTSIDE OF BUFFALO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Eley Board Chair | OfficerTrustee | 10 | $0 |
Sharon Williams Vice Chair | OfficerTrustee | 3 | $0 |
John Lee Treasurer | OfficerTrustee | 4 | $0 |
Alan Mccracken Secretary | OfficerTrustee | 2 | $0 |
John Comardo Member | OfficerTrustee | 2 | $0 |
Steven Schenk Member | Trustee | 2 | $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 | $158,911 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,911 |
| Total Program Service Revenue | $2,929,285 |
| Investment income | $7,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,417 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,096,230 |
| 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. | $88,813 |
| Compensation of current officers, directors, key employees. | $66,610 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,531,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $132,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,841 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $655 |
| Office expenses | $14,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,974 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,382 |
| Interest | $22,060 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,688 |
| Insurance | $263,924 |
| All other expenses | $16,499 |
| Total functional expenses | $3,258,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,935 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $279,629 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $454,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,089,595 |
| Accounts payable and accrued expenses | $121,571 |
| 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 | $152,479 |
| Unsecured mortgages and notes payable | $66,512 |
| Other liabilities | $38,689 |
| Total liabilities | $379,251 |
| Net assets without donor restrictions | $710,344 |
| 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 | $1,089,595 |