Albany County Opportunity Incorporated
- Assets
- $9.0m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 190
- Location
- Albany, NY
- Founding
- 01/1967
- Data as of
- 02/2022
- EIN
- 14-6037204
Organization Overview
Albany County Opportunity Incorporated, operating under the name Albany Community Action P'ship, is located in Albany, NY. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 02/2022, Albany Community Action P'ship employed 190 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Community Action P'ship 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 02/2022, Albany Community Action P'ship generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $9.1m during the year ending 02/2022. While expenses have increased by 1.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACAP WORKS IN PARTNERSHIP WITH FAMILIES AND COMMUNITIES TO EMPOWER PEOPLE TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND AN IMPROVED QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START PROGRAM: PROVIDE COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT FOR DISADVANTAGED PRESCHOOL CHILDREN AND FAMILIES. APPROXIMATELY 332 SERVED. IN RESPONSE TO THE COVID PANDEMIC, ACAP EARLY CHILDHOOD EDUCATION SERVICES INCORPORATED VIRTUAL AND REMOTE PROGRAM OPTIONS, IN ADDITION TO IN-PERSON SERVICES.
VARIOUS PROGRAM SERVICES: ASSIST DISADVANTAGED CHILDREN AND FAMILIES IN LEADING A DIGNIFIED LIFE. APPROXIMATELY 26 SERVED.
ENERGY ASSISTANCE PROGRAMS: PROVIDE ENERGY ASSISTANCE TO IMPOVERISHED FAMILIES AND THE AGED OR DISABLED THROUGH WEATHERIZATION AND DIRECT ASSISTANCE PROGRAMS. APPROXIMATELY 45 SERVED.
GENERAL COMMUNITY SERVICES: PROVIDE A NUMBER OF SERVICES WITHIN THE GENERAL COMMUNITY FOR YOUTH AND THE AGING AS PROGRAMS FOR LOW-INCOME FAMILIES AND UNDERPRIVILEDGED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neenah Bland Executive Director | Officer | 40 | $127,359 |
Suzanne Roth Dir. Hr/finance (to July) | Officer | 40 | $50,985 |
Demetra Alberti Deputy Director (from Dec) | Officer | 40 | $3,327 |
Karissa Sawyer Board Secretary | OfficerTrustee | 1 | $0 |
Jamel Burgos Board President | OfficerTrustee | 1 | $0 |
Antoine Boulanger Board Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dell Computers | 2/27/22 | $211,615 |
Lakeshore Learning Materials Educational Supplies | 2/27/22 | $118,340 |
Martinez Cleaning Cleaning Services | 2/27/22 | $242,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,465,714 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,895 |
| Noncash contributions included in lines 1a–1f | $6,413 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,549,609 |
| Total Program Service Revenue | $0 |
| Investment income | $63,739 |
| 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 | $9,921,411 |
| 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. | $204,177 |
| Compensation of current officers, directors, key employees. | $204,177 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,015,744 |
| Pension plan accruals and contributions | $121,178 |
| Other employee benefits | $962,744 |
| Payroll taxes | $182,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,007 |
| Office expenses | $55,699 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $808,996 |
| Travel | $35,238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,846 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,253 |
| Insurance | $15,752 |
| All other expenses | $426,797 |
| Total functional expenses | $9,051,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,912,838 |
| Savings and temporary cash investments | $466,991 |
| Pledges and grants receivable | $999,258 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,282 |
| Prepaid expenses and deferred charges | $8,930 |
| Net Land, buildings, and equipment | $1,422,904 |
| Investments—publicly traded securities | $1,109,821 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,360 |
| Total assets | $9,044,384 |
| Accounts payable and accrued expenses | $834,785 |
| Grants payable | $0 |
| Deferred revenue | $552,762 |
| 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 | $945,432 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,332,979 |
| Net assets without donor restrictions | $6,619,094 |
| Net assets with donor restrictions | $92,311 |
| 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 | $9,044,384 |
Grants Awarded
Over the last fiscal year, Albany County Opportunity Incorporated has awarded $83,672 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Schenectady, NY PURPOSE: NON-PROFIT CAREER DEVELOPMENT SERVICES | $64,672 |
Albany, NY PURPOSE: NON-PROFIT CAREER DEVELOPMENT SERVICES | $19,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albany County Opportunity Incorporated has recieved totaling $15,014.
| Awarding Organization | Amount |
|---|---|
Dress For Success Worldwide New York, NY PURPOSE: SUPPORT OF MEMBER ORGANIZATION | $14,990 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
The Access Agency Inc Willimantic, CT | $5,450,809 | $18,469,051 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Family & Childrens Agency Inc Norwalk, CT | $7,156,227 | $18,049,898 |
Catholic Family & Community Services Clifton, NJ | $3,341,340 | $18,611,591 |
Dr Gertrude A Barber In Home Services Inc Erie, PA | $4,360,447 | $17,320,654 |
Ao North America Inc Wayne, PA | $10,460,064 | $15,724,733 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |