Saranac Lake Voluntary Health Association Inc
- Assets
- $2.9m
- Revenue
- $339.5k
- Investments
- $2.8m
- Employees
- 0
- Location
- Saranac Lake, NY
- Founding
- 05/1942
- Data as of
- 03/2022
- EIN
- 15-0532253
Organization Overview
Saranac Lake Voluntary Health Association Inc is located in Saranac Lake, NY. The organization was established in 1942. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saranac Lake Voluntary Health Association 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 03/2022, Saranac Lake Voluntary Health Association Inc generated $339.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $271.9k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Saranac Lake Voluntary Health Association Inc has awarded 27 individual grants totaling $662,419. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monroe Patricia Director | 0 | $0 | |
Neill Roger Director | 0 | $0 | |
Loeber Richard Director | 0 | $0 | |
Simkins Mark Director | 0 | $0 | |
| 0 | $0 | ||
White Robert E Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,233 |
| Interest on Savings | $6 |
| Dividends & Interest | $99,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $214,715 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $339,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $129,985 |
| Pension plans, employee benefits | $13,642 |
| Interest | $0 |
| Taxes | $2,090 |
| Depreciation | $0 |
| Occupancy | $4,800 |
| Travel, conferences, and meetings | $1,218 |
| Printing and publications | $453 |
| Other expenses | $14,219 |
| Total operating and administrative expenses | $271,880 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $271,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $509 |
| Savings and temporary cash investments | $74,088 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,179,457 |
| Net Land, buildings, and equipment | $5,837 |
| Other assets | $0 |
| Total assets | $2,884,234 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,225 |
| Total liabilities | $3,225 |
Grants Awarded
Over the last fiscal year, Saranac Lake Voluntary Health Association Inc has awarded $12,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS INDIVIDUALS PURPOSE: SCHOLARSHIPS | $8,000 |
VARIOUS INDIVIDUALS PURPOSE: SCHOLARSHIPS | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philanthropy New York Inc New York, NY | $10,485,290 | $4,060,793 |
Grantmakers In The Arts Bronx, NY | $3,825,984 | $2,308,802 |
New England Health Care Emp Union & Ct Nursing Hm Traing & Upgd Fnd Hartford, CT | $1,960,905 | $2,104,080 |
Western New York Grantmakers Association Inc Syracuse, NY | $1,728,088 | $1,086,609 |
Foundation Financial Officers Group Inc Mt Royal, NJ | $1,027,476 | $966,195 |
National Association Of Corporate Directors Boston, MA | $1,367,793 | $869,422 |
Massachusetts Charitable Mechanic Association Quincy, MA | $4,186,500 | $833,377 |
University Associates Philanthropic Foundation Inc New York, NY | $31,741 | $11,696 |
New York Medical College Voluntary Employees Beneficiary Association Pittsburgh, PA | $4,020,995 | $563,233 |
Long Island Networking Elite Inc Huntington, NY | $42,869 | $337,964 |
Association Of Fundraising Professionals New York, NY | $462,920 | $209,001 |
Saranac Lake Voluntary Health Association Inc Saranac Lake, NY | $2,884,234 | $339,547 |