Newbugh Teachers Association Building Corporation is located in Newburgh, NY. The organization was established in 2005. 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. Newbugh Teachers Association Building Corporation 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 06/2024, Newbugh Teachers Association Building Corporation 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 0.4% each year. All expenses for the organization totaled $80.3k during the year ending 06/2024. While expenses have increased by 1.2% 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
2024
Describe the Organization's Program Activity:
Part 3
HOLDS BUILDING FOR NEWBURGH TEACHERS ASSOCIATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy A Moran President | 1 | $0 | |
Matthew Scully Vice Preside | 1 | $0 | |
Claudine M Cottini Treasurer | 1 | $0 | |
Jennifer M Laudiero Secretary | 1 | $0 | |
Melissa Higgins Director | 1 | $0 | |
Goncalo Pinheiro Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $86,700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,700 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,268 |
| Total expenses | $80,268 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,132 |
| Other assets | $0 |
| Total assets | $261,734 |
| Total liabilities | $1,520 |
| Net assets or fund balances | $260,214 |