Regional Food Bank Of N E Ny Inc
- Assets
- $38.0m
- Revenue
- $34.3m
- Investments
- $0.0
- Employees
- 137
- Location
- Latham, NY
- Founding
- 01/1984
- Data as of
- 12/2021
- EIN
- 22-2470885
Organization Overview
Regional Food Bank Of N E Ny Inc is located in Latham, NY. The organization was established in 1984. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Regional Food Bank Of N E NY Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Food Bank Of N E NY 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, Regional Food Bank Of N E NY Inc generated $34.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $28.2m during the year ending 12/2021. While expenses have increased by 8.4% 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.
Since 2015, Regional Food Bank Of N E NY Inc has awarded 187 individual grants totaling $3,827,844. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALLEVIATE HUNGER AND PREVENTION OF FOOD WASTE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL PROVISION/DISTRIBUTION OF MORE THAN 50 MILLION POUNDS OF FOOD TO OVER 1,000 CHARITABLE AGENCIES IN 23 COUNTIES OF NORTHEASTERN NEW YORK. THESE CHARITABLE AGENCIES PROVIDE FOOD AND MEALS TO PERSONS IN NEED.
CERTAIN HUNGER PREVENTION NUTRITION ASSISTANCE PROGRAMS (HPNAP) ARE SUPPORTED BY THE NEW YORK STATE DEPARTMENT OF HEALTH BY MEANS OF PASS THROUGH ARRANGEMENTS WITH THE REGIONAL FOOD BANK OF NORTHEASTERN NEW YORK (FOOD BANK). THESE PROGRAMS INCLUDE OPERATION SUPPORT GRANTS AND SUBCONTRACTS FOR MEMBER AGENCIES OF THE FOOD BANK, A NUTRITION EDUCATION PROJECT, AND A PROGRAM TO FUND THE TRANSPORTATION OF DONATED FOODS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Quandt Executive Director | Officer | 40 | $103,397 |
Renee Law Chief Financial Officer | Officer | 40 | $103,083 |
Susan Lintner Chief Program And Advocacy Officer | Officer | 40 | $98,046 |
Molly Nicol Chief Executive Officer | Officer | 40 | $89,686 |
Nicholas Pisani Chief Operations Officer | Officer | 40 | $66,469 |
Brian Wolters Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fleet Pride Automotive Repair | 12/30/21 | $235,694 |
Webster Direct Marketing Direct Mail | 12/30/21 | $179,089 |
Kenworth Northeast Group Automotive Repair | 12/30/21 | $419,891 |
Feeding America Transportation Costs | 12/30/21 | $220,618 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $49,563 |
| Membership dues | $0 |
| Fundraising events | $384,462 |
| Related organizations | $0 |
| Government grants | $16,771,246 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,673,937 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,879,208 |
| Total Program Service Revenue | $5,558,020 |
| Investment income | $106,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $462,005 |
| Net Income from Fundraising Events | $255,567 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,272,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,628,006 |
| 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. | $508,089 |
| Compensation of current officers, directors, key employees. | $258,858 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,883,776 |
| Pension plan accruals and contributions | $230,759 |
| Other employee benefits | $1,045,437 |
| Payroll taxes | $366,995 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,720 |
| Fees for services: Other | $166,832 |
| Advertising and promotion | $0 |
| Office expenses | $440,004 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $806,365 |
| Travel | $8,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,128 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $756,953 |
| Insurance | $199,960 |
| All other expenses | $561,186 |
| Total functional expenses | $28,158,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,191,628 |
| Savings and temporary cash investments | $14,373,560 |
| Pledges and grants receivable | $4,898,632 |
| Accounts receivable, net | $209,175 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,633,353 |
| Prepaid expenses and deferred charges | $131,269 |
| Net Land, buildings, and equipment | $7,504,313 |
| Investments—publicly traded securities | $3,147,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,883,897 |
| Total assets | $37,973,323 |
| Accounts payable and accrued expenses | $435,730 |
| Grants payable | $500,000 |
| Deferred revenue | $766,198 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,847,140 |
| 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 | $36,000 |
| Total liabilities | $4,585,068 |
| Net assets without donor restrictions | $32,345,900 |
| Net assets with donor restrictions | $1,042,355 |
| 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 | $37,973,323 |
Grants Awarded
Over the last fiscal year, Regional Food Bank Of N E Ny Inc has awarded $2,015,749 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
Schenectady, NY PURPOSE: NNY AWARD | $477,850 |
Troy, NY PURPOSE: NNY AWARD | $266,408 |
Middletown, NY PURPOSE: NNY AWARD | $193,292 |
Albany, NY PURPOSE: OSP GRANT & AGENCY REBATE | $167,107 |
Greenwich, NY PURPOSE: OSP GRANT, NNY AWARD & AGENCY REBATE | $149,159 |
Hamden, NY PURPOSE: NNY AWARD | $146,471 |
Grants Recieved
Over the last fiscal year, we have identified 86 grants that Regional Food Bank Of N E Ny Inc has recieved totaling $4,044,278.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $2,383,984 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $231,800 |
The Schenectady Foundation Schenectady, NY PURPOSE: UNDERSERVED SCHENECTADY NEIGHBORHOODS; AND FOOD DELIVERY TRUCK | $204,400 |
The Community Foundation For The Greater Capital Region Inc Albany, NY PURPOSE: FOR THE YOM KIPPUR APPEAL, HUNGER ISSUES, METAL TABLES, AND UNRESTRICTED USE | $150,726 |
Charles R Wood Foundation Wilmington, DE PURPOSE: TO SUPPORT SPECIFIED ADOPT-A-PROGRAM FUNDS | $145,600 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $95,768 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Pennsylvania Food Bank Harrisburg, PA | $41,756,494 | $105,777,464 |
Philabundance Philadelphia, PA | $62,856,979 | $111,938,565 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |
Greater Pittsburgh Community Food Bank Duquesne, PA | $60,747,557 | $86,169,867 |
Foodshare Inc Bloomfield, CT | $22,505,719 | $52,446,003 |
Feedmore Western New York Inc Buffalo, NY | $12,964,755 | $36,110,080 |
Vermont Foodbank Barre, VT | $37,316,599 | $36,820,063 |
Food Bank Of Central New York Syracuse, NY | $20,826,838 | $35,826,283 |
Share Food Program Inc Phila, PA | $13,209,885 | $37,008,855 |
Food Bank Of South Jersey Inc Pennsauken, NJ | $19,506,805 | $35,639,314 |
Feeding Westchester Inc Elmsford, NY | $20,334,551 | $33,036,793 |
Regional Food Bank Of N E Ny Inc Latham, NY | $37,973,323 | $34,272,661 |