West Shore District Management Association Inc is located in Staten Island, NY. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. West Shore District Management Association 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 06/2022, West Shore District Management Association Inc generated $135.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $78.7k during the year ending 06/2022. While expenses have increased by 11.3% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
THE WEST SHORE DISTRICT MANAGEMENT ASSOCIATION, INC. IS LOCATED ALONG THE WEST SHORE OF STATEN ISLAND IN A PRIMARILY INDUSTRIAL AREA GENERALLY REFERRED TO AS BLOOMFIELD AND CHELSEA, BORDERING ON THE NEIGHBORHOOD OF TRAVIS. THE ASSOCIATION WAS CREATED TO PROVIDE SERVICES REQUIRED FOR THE PROTECTION AND GENERAL WELFARE OF THE PUBLIC; THE PROMOTION, GROWTH AND ENHANCEMENT OF THE WS-BID; AND THE REPRESENTATION OF THE WS-BID FOR NEEDS IDENTIFIED BY ITS MEMBERS. SERVICES INCLUDE SANITATION AND MAINTENANCE, SECURITY, DISTRICT-WIDE WAYFAIRING AND STREETSCAPE IMPROVEMENTS, AND ADVOCACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Digiovanni Chairman | 1 | $0 | |
Jeff Henick Vice-Chairma | 1 | $0 | |
John Difazio Treasurer | 1 | $0 | |
Ram Cherukuri Secretary | 1 | $0 | |
Michael Palladino Director | 1 | $0 | |
John Wambold Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
Total Program Service Revenue | $110,420 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,460 |
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 | $41,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,748 |
Total expenses | $78,748 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $175,233 |
Other assets | $0 |
Total assets | $182,653 |
Total liabilities | $3,500 |
Net assets or fund balances | $179,153 |