We Stay-Nos Quedamos Inc
- Assets
- $6.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Bronx, NY
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 13-3724388
Organization Overview
We Stay-Nos Quedamos Inc is located in Bronx, NY. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, We Stay-Nos Quedamos Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Stay-Nos Quedamos 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 12/2021, We Stay-Nos Quedamos Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $830.4k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS NYC BASED NPO AND COMMUNITY DEVELOPMENT CORPORATION IS COMPRISED OF NYC SOUTH BRONX RESIDENTS, HOMEOWNERS AND BUSINESS OWNERS, WHO ARE PROMOTING,SUPPORTING AND ADVANCING IDEAS OF HEALTHY AND SUSTAINABLE GROWTH FOR LOCAL COMMUNITIES AND THE LARGER SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT AND SOCIAL SERVICES - PROVIDE EDUCATION OF FINANCIAL ISSUES TO COMMUNITY MEMBERS. SUPPORTS THE EXISTING COMMUNITY THROUGH THE TRAINING OF YOUNG PEOPLE TO BECOME PRODUCTIVE ARTISANS AND CITIZENS. THE ORGANIZATION ALSO PROVIDES, RECREATIONAL AND COMMERCIAL OPPORTUNITIES THAT ARE CURRENTLY NOT AVAILABLE AND TO REINFORCE THOSE OPPORTUNITIES THAT CURRENTLY EXIST THAT ARE DESIRABLE TO THE COMMUNITY.
AFFORDABLE HOUSING DEVELOPMENT - FOSTER COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING, INCLUDING OWNERSHIP, CONSTRUCTION, REHABILITATION, LEASING, MANAGEMENT, EQUIPPING, MAINTENANCE, DEVELOPMENT AND OPERATION OF HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME AND THE NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Clemente Ceo/president | Officer | 40 | $109,349 |
Norma Segura Finance Dir. | Officer | 40 | $84,888 |
Wanda Salaman Chairperson | OfficerTrustee | 2 | $0 |
Alexander Cruz Treasurer | OfficerTrustee | 2 | $0 |
Javier Lopez Director | Trustee | 2 | $0 |
Lydia Sierra Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $301,253 |
| All other contributions, gifts, grants, and similar amounts not included above | $384,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $685,888 |
| Total Program Service Revenue | $514,445 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,285,058 |
| 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. | $195,614 |
| Compensation of current officers, directors, key employees. | $29,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,045 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,304 |
| Payroll taxes | $35,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,000 |
| Fees for services: Accounting | $41,233 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $202,966 |
| Advertising and promotion | $0 |
| Office expenses | $8,346 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,869 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $188 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,521 |
| Insurance | $6,187 |
| All other expenses | $9,005 |
| Total functional expenses | $830,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,639,796 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $280,341 |
| Accounts receivable, net | $1,912,874 |
| 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 | $6,263 |
| Net Land, buildings, and equipment | $7,627 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,346,496 |
| Intangible assets | $0 |
| Other assets | $530,841 |
| Total assets | $6,724,238 |
| Accounts payable and accrued expenses | $233,945 |
| 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 | $0 |
| Total liabilities | $233,945 |
| Net assets without donor restrictions | $6,434,538 |
| Net assets with donor restrictions | $55,755 |
| 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 | $6,724,238 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that We Stay-Nos Quedamos Inc has recieved totaling $10,605.
| Awarding Organization | Amount |
|---|---|
Allied Media Projects Inc Detroit, MI PURPOSE: CTNY-NQ SUBAWARD FOR BRONX DIGITAL EQUITY COALITION SUPPORT WORK. - SUBAWARD TO COMMUNITY GROUP | $10,500 |
Heimbinder Family Foundation 122089 Westlake, OH PURPOSE: GENERAL PURPOSES | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
Brooklyn Navy Yard Development Corporation Brooklyn, NY | $543,633,704 | $68,378,369 |
Cent For Urban Community Svcs New York, NY | $78,734,129 | $72,768,234 |
The Community Preservation Corporation New York, NY | $1,407,109,282 | $65,839,600 |
Quincy Community Action Programs Inc Quincy, MA | $14,865,186 | $43,148,267 |
Westchester Community Opportunity Program Inc Elmsford, NY | $7,932,264 | $37,716,573 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
St Nicks Alliance Corp Brooklyn, NY | $44,353,994 | $35,596,992 |
National Council For Community Development Inc Brooklyn, NY | $24,193,687 | $38,165,020 |
The Community Action Organization Of Western New York Inc Buffalo, NY | $11,956,609 | $31,001,421 |
Community Action Pioneer Valley Inc Greenfield, MA | $7,969,732 | $29,838,934 |
Citizens For Citizens Inc Fall River, MA | $12,279,316 | $29,399,731 |