Summerhill Neighborhood Development Corp Inc
- Assets
- $290.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1992
- Data as of
- 06/2022
- EIN
- 58-1945573
Organization Overview
Summerhill Neighborhood Development Corp Inc is located in Atlanta, GA. The organization was established in 1992. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Summerhill Neighborhood Development Corp 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, Summerhill Neighborhood Development Corp Inc generated $37.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $70.1k during the year ending 06/2022. 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
COMMUNITY EVENTS FOR THE EDUCATIONAL, ECONOMIC AND SOCIAL DEVELOPMENT OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Heard Executive Di | 20 | $0 | |
Christine Fraiser Director | 6 | $0 | |
Sheryl Calhoun Director | 6 | $5,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,832 |
| 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 | $37,832 |
| 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 | $3,439 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,647 |
| Total expenses | $70,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,231 |
| Other assets | $0 |
| Total assets | $290,848 |
| Total liabilities | $4,000 |
| Net assets or fund balances | $286,848 |