Gramatan Village Inc
- Assets
- $1.2m
- Revenue
- $217.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Bronxville, NY
- Founding
- 06/2007
- Data as of
- 06/2024
- EIN
- 61-1519580
Organization Overview
Gramatan Village Inc is located in Bronxville, NY. The organization was established in 2007. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Gramatan Village Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gramatan Village 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 06/2024, Gramatan Village Inc generated $217.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $214.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP SENIORS IN OUR LOCAL COMMUNITIES LIVE CONFIDENTLY AND INDEPENDENTLY AT HOME BY PROVIDING A VARIETY OF ENGAGING ACTIVITIES AND USEFUL SERVICES, SUPPORT AND INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COORDINATION OF PROGRAM AND SERVICES TO MEMBERS INCLUDING TRIPS TO VARIOUS CULTURAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Gilmer Executive Di | Officer | 40 | $75,000 |
Carol Godfrey President | OfficerTrustee | 5 | $0 |
Susan Salerno Treasurer | OfficerTrustee | 5 | $0 |
Joan C Toffolon Secretary | OfficerTrustee | 5 | $0 |
Maryanne Denniston Director | Trustee | 2 | $0 |
Brenna Sheenan Mayer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,101 |
| Fundraising events | $46,851 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,963 |
| Total Program Service Revenue | $3,057 |
| Investment income | $37,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,618 |
| Net Income from Fundraising Events | $23,535 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $217,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,000 |
| Compensation of current officers, directors, key employees. | $11,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,328 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,232 |
| Payroll taxes | $9,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,549 |
| Office expenses | $6,727 |
| Information technology | $5,375 |
| Royalties | $0 |
| Occupancy | $30,909 |
| Travel | $121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $657 |
| Insurance | $10,889 |
| All other expenses | $825 |
| Total functional expenses | $214,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,689 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,773 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,692 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,140,054 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,422 |
| Total assets | $1,238,630 |
| Accounts payable and accrued expenses | $20,982 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,340 |
| Total liabilities | $52,322 |
| Net assets without donor restrictions | $1,186,308 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,238,630 |