Bassett Regional Corp
- Assets
- $104.8k
- Revenue
- $105.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Cooperstown, NY
- Founding
- Data as of
- 12/2017
- EIN
- 13-3522783
Organization Overview
Bassett Regional Corp is located in Cooperstown, NY. Bassett Regional 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 12/2017, Bassett Regional Corp generated $105.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
BASSETT REGIONAL CORPORATION WAS FORMED TO SUPPORT ORGANIZATIONS THAT QUALIFY AS 501(C)(3) EXEMPT CHARITABLE ENTITIES IN DELAWARE, SCHOHARIE, HERKIMER, MADISON, CHENANGO, AND OTSEGO COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASSETT REGIONAL CORPORATION SUPPORTED QUALIFIED 501(C)(3) EXEMPT CHARITABLE ENTITIES IN DELAWARE, SCHOHARIE, HERKIMER, MADISON, CHENANGO, AND OTSEGO COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vance M Brown President | 0.5 | $0 | |
William T Burdick Secretary | 0.5 | $0 | |
John D Bullis Director | 0.5 | $0 | |
Barbara E Dicocco Director | 0.5 | $0 | |
Peter J Hamilton Director | 0.5 | $0 | |
Scott Mclean Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $184 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,440 |
| Total Revenue | $105,624 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,917 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,403 |
| Total operating and administrative expenses | $24,320 |
| Contributions, gifts, grants paid | $2,168,271 |
| Total expenses and disbursements | $2,192,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $88,684 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,079 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,763 |
| Accounts payable and accrued expenses | $28,012 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,012 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bassett Regional Corp has recieved totaling $1,500,000.
| Awarding Organization | Amount |
|---|---|
Scriven Foundation New York, NY PURPOSE: GENERAL FUNDS | $1,500,000 |
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|---|---|---|
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The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
River Valley Counseling Center Inc Holyoke, MA | $5,921,638 | $20,559,237 |