Prattsville Local Development Corporation
- Assets
- $188.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prattsville, NY
- Founding
- 11/2012
- Data as of
- 12/2019
- EIN
- 45-5288570
Organization Overview
Prattsville Local Development Corporation is located in Prattsville, NY. The organization was established in 2012. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prattsville Local 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 12/2019, Prattsville Local Development Corporation generated $124.0k in total revenue. All expenses for the organization totaled $21.7k during the year ending 12/2019. While expenses have increased by 150.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SUCCESSFULLY ASSISTED THE TOWN IN ADMINISTERING A NUMBER OF GRANTS. WE ASSISTED IN THE BUILDING OF THE EXERCISE TRAIL FOR SENIORS, INSTALLING A NEW PICNIC PAVILION, WORKED WITH A DEVELOPER TO COME TO TOWN AND BUILD FLOOD SAFE HOMES FOR SENIORS AND LOW INCOME FAMILIES AND THE DEVELOPMENT OF THE REGIONAL HEALTH CENTER. ALL WORK WAS DONE BY VOLUNTEERS AT NO COST TO THE TOWN OR THE CORPORATION. THIS YEAR WE ARE IN THE PROCESS OF RAISING FUNDS TO PURCHASE MEDICAL EQUIPMENT FOR A NEW HEALTH CENTER IN TOWN. THE EQUIPMENT WILL BE PURCHASED IN 2020 WHEN THE HEALTH CENTER IS BUILT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Piccoli Chairman | 5 | $0 | |
Kristin Tompkins Director | 1 | $0 | |
Al Creazzo Director | 1 | $0 | |
Bonnie Chase Director | 1 | $0 | |
James Eisel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,979 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,979 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,663 |
| Total expenses | $21,663 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,362 |
| Other assets | $0 |
| Total assets | $188,362 |
| Total liabilities | $0 |
| Net assets or fund balances | $188,362 |