2917 Glenwood Road Inc is located in Brooklyn, NY. The organization was established in 1992. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. 2917 Glenwood Road Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, 2917 Glenwood Road Inc generated $70.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $78.7k during the year ending 12/2023. 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
THE CORPORATION IS A BUILDING CORPORATION ESTABLISHED AS A NOMINEE OF THE UNION TO HOLD TITLE TO REAL ESTATE LOCATED AT 2917 GLENWOOD ROAD, BROOKLYN, NEW YORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Purdy President | 1 | $0 | |
Terence K Ryan Rec Secretary | 1 | $0 | |
Keith A Silano Financial Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $70,200 |
Total Revenue | $70,200 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $23,171 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $55,497 |
Total expenses | $78,668 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,397 |
Other assets | $0 |
Total assets | $19,871 |
Total liabilities | $2,623 |
Net assets or fund balances | $17,248 |