Nassau Center Residential Development Corp
- Assets
- $228.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- woodbury, NY
- Founding
- 08/1980
- Data as of
- 12/2022
- EIN
- 11-2524108
Organization Overview
Nassau Center Residential Development Corp is located in woodbury, NY. The organization was established in 1980. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Nassau Center Residential Development Corp 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, Nassau Center Residential Development Corp generated $85.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $113.6k during the year ending 12/2022. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NASSAU CENTER RESIDENTIAL DEVELOPMENT CORPORATION OPERATES AND MAINTAINS AN INDIVIDUALIZED RESIDENTIAL ALTERNATIVE FACILITY, LOCATED IN WANTAGH, NEW YORK FOR EIGHT DEVELOPMENTALLY DISABLED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Honorable Paul Pontieri Chairman | 0.25 | $0 | |
Chris Mccann Vice Chairman | 0.25 | $0 | |
Dr Joseph Morris Secretary | 0.25 | $0 | |
Brian Boyle Treasurer | 0.25 | $0 | |
John Aicher ESQ Trustee | 0.25 | $0 | |
William Archer Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,216 |
| Total Program Service Revenue | $31,662 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,904 |
| 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 | $7,834 |
| Occupancy, rent, utilities, and maintenance | $28,243 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,559 |
| Total expenses | $113,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,227 |
| Other assets | $0 |
| Total assets | $228,431 |
| Total liabilities | $563,058 |
| Net assets or fund balances | -$334,627 |