Gloversville Housing & Neighborhood Improvement Corporation
- Assets
- $110.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloversville, NY
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 46-2115418
Organization Overview
Gloversville Housing & Neighborhood Improvement Corporation is located in Gloversville, NY. The organization was established in 2013. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Gloversville Housing & Neighborhood Improvement 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 12/2022, Gloversville Housing & Neighborhood Improvement Corporation generated $6.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (40.9%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (35.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO CREATE AFFORDABLE HOUSING, NEIGHBORHOOD INFRASTRUCTURE IMPROVEMENTS AND HOUSING ADVOCACY PROGRAMS. IT IS ALSO INVOLVED WITH COMMUNITY NEIGHBORHOOD VOLUNTEER ACTIVITIES, INCLUDING NEIGHBORHOOD PARK AND PUBLIC SPACE CLEAN-UP AND MAINTANCE PROJECTS, AS WELL AS VOLUNTEER SUPPORT FOR COMMUNITY EVENTS.
Describe the Organization's Program Activity:
Part 3
LAND BANK PROGRAM
ADMINISTRATION OF HOUSING GRANT FUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Desantis Director | 0.5 | $0 | |
Steven Smith Vice Preside | 0.25 | $0 | |
Polly Hoye Secretary | 0.5 | $0 | |
Trisha Rogers Byrns Treasurer | 0.5 | $0 | |
Elizabeth Blodgett Board Member | 0.25 | $0 | |
Gregory Young Executive Di | 2 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,541 |
| Total Program Service Revenue | $350 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,727 |
| Other Revenue | $0 |
| Total Revenue | $6,195 |
| 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 | $147 |
| Printing, publications, postage, and shipping | $257 |
| Other expenses | $10,827 |
| Total expenses | $11,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,431 |
| Other assets | $0 |
| Total assets | $110,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,673 |