Helping Hands Of Potsdam Inc is located in Hannawa Falls, NY. The organization was established in 2003. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Helping Hands Of Potsdam Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helping Hands Of Potsdam 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 12/2022, Helping Hands Of Potsdam Inc generated $86.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $124.1k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE ASSISTANCE FOR THOSE IN EMERGENCY SITUATIONS AND VARIOUS PROGRAMS THAT WILL ALLOW INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVES LOW INCOME AND IN-CRISIS INDIVIDUALS AND FAMILIES IN THE POTSDAM AND SURROUNDING AREA BY PROVIDING FINANCIAL ASSISTANCE FOR RENT, HEATING FUEL, ELECTRICITY, FOOD, FURNITURE, PRESCRIPTION MEDICATION, MEDICAL SERVICES, AND INSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Chappell Executive Di | Trustee | 20 | $20,880 |
Betty Connolly Member | Trustee | 0.5 | $0 |
Andy Gilbert Member | Trustee | 0.5 | $0 |
Jim Holt Vice Preside | OfficerTrustee | 1 | $0 |
Lynn Howe Member | Trustee | 0.5 | $0 |
Ed Sachs President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $55,285 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $55,285 |
Total Program Service Revenue | $0 |
Investment income | $41 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $31,411 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,737 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $39,661 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,120 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,477 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,522 |
Office expenses | $7,614 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,739 |
Travel | $1,319 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $259 |
Interest | $5 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,800 |
Insurance | $2,445 |
All other expenses | $0 |
Total functional expenses | $124,111 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,009 |
Savings and temporary cash investments | $64,684 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $500 |
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 | $0 |
Net Land, buildings, and equipment | $133,689 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $209,882 |
Accounts payable and accrued expenses | $2,138 |
Grants payable | $0 |
Deferred revenue | $9,760 |
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 | $4,970 |
Total liabilities | $16,868 |
Net assets without donor restrictions | $153,969 |
Net assets with donor restrictions | $39,045 |
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 | $209,882 |