Reservoir Hill Improvement Council Inc
- Assets
- $106.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/1985
- Data as of
- 12/2023
- EIN
- 52-1310017
Organization Overview
Reservoir Hill Improvement Council Inc is located in Baltimore, MD. The organization was established in 1985. 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. Reservoir Hill Improvement Council 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 12/2023, Reservoir Hill Improvement Council Inc generated $185.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $140.8k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
RESERVOIR HILL IMPROVEMENT COUNCIL HAS 3 FOCUS AREAS: HOUSING COUNSELING COMMUNITY DEVELOPMENT AND COMMUNITY ENGAGEMENT. PROGRAMS RESULT IN SOCIAL AND PHYSICAL REVITALIZATION OF OUR HISTORIC COMMUNITY AND QUALITY OF LIFE AND ENVIRONMENTAL PROGRESS. WE SERVE APPROXIMATELY 4,120 HOUSEHOLDS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Shands President | 1 | $0 | |
Crystal Harris Treasurer | 1 | $0 | |
Kathryn Hendley Secretary | 1 | $0 | |
Margot Golberg Beth Am Synagogue Partner Representative | 1 | $0 | |
Lafayette Grier Member | 1 | $0 | |
Dimitri Moore Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,917 |
| Total Program Service Revenue | $665 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,582 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,973 |
| Professional fees and other payments to independent contractors | $16,890 |
| Occupancy, rent, utilities, and maintenance | $1,902 |
| Printing, publications, postage, and shipping | $2,646 |
| Other expenses | $25,389 |
| Total expenses | $140,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,207 |
| Other assets | $0 |
| Total assets | $106,944 |
| Total liabilities | $3,918 |
| Net assets or fund balances | $103,026 |