Hornell Partners For Growth Inc
- Assets
- $70.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hornell, NY
- Founding
- 06/2004
- Data as of
- 03/2023
- EIN
- 16-1535559
Organization Overview
Hornell Partners For Growth Inc is located in Hornell, NY. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hornell Partners For Growth 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 03/2023, Hornell Partners For Growth Inc generated $173.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $176.8k during the year ending 03/2023. While expenses have increased by 3.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION OPERATED A COMPREHENSIVE BUSINESS IMPROVEMENT DISTRICT PROGRAM TO IMPROVE THE BUSINESS CLIMATE IN THE DOWNTOWN AREA OF THE CITY OF HORNELL AND DRAW PUBLIC ATTENTION TO THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Pogue Chairman | 2 | $0 | |
Steve Peck Director | 2 | $0 | |
Jeremy Bittel Co Vice Chair | 2 | $0 | |
Megan O'brien Co Vice Chair | 2 | $0 | |
Maureen Boughton Treasurer | 2 | $0 | |
Suzanne Hoyos Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $173,036 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $173,057 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,599 |
| Professional fees and other payments to independent contractors | $7,654 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99,112 |
| Total expenses | $176,765 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,934 |
| Other assets | $0 |
| Total assets | $70,586 |
| Total liabilities | $7,891 |
| Net assets or fund balances | $62,695 |