Neighborhood Development Trust Fund Chamber Of Commerce Bldg
- Assets
- $474.6k
- Revenue
- $36.1k
- Investments
- $468.1k
- Employees
- 0
- Location
- Scranton, PA
- Founding
- 08/1977
- Data as of
- 12/2022
- EIN
- 23-2036018
Organization Overview
Neighborhood Development Trust Fund Chamber Of Commerce Bldg is located in Scranton, PA. The organization was established in 1977. 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. Neighborhood Development Trust Fund Chamber Of Commerce Bldg 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 12/2022, Neighborhood Development Trust Fund Chamber Of Commerce Bldg generated $36.1k 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 $43.8k during the year ending 12/2022. While expenses have increased by 5.3% 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 2016, Neighborhood Development Trust Fund Chamber Of Commerce Bldg has awarded 13 individual grants totaling $141,000. 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 Mission:
Part 3 - Line 1
TO COMBAT COMMUNITY BLIGHT, DETERIORATION AND JUVENILE DELINQUENCY. TO FURNISH ASSISTANCE AND COOPERATION TO LOCAL GOVERNMENTAL AUTHORITIES IN PROJECTS AND UNDERTAKINGS FOR THE ELIMINATION AND PREVENTION OF URBAN AND NEIGHBORHOOD BLIGHT AND DETERIORATION, THUS LESSENING THE BURDENS OF GOVERNMENT. TO PROMOTE AND ENCOURAGE PARTICIPATION IN COMMUNITY DEVELOPMENT AND BEAUTIFICATION. THE PROMOTION AND DEVELOPMENT OF THE ARTS. THE REPAIR, BEAUTIFICATION, MAINTENANCE AND IMPROVEMENT OF PUBLIC LANDS, MONUMENTS OR WORKS AND TO GENERALLY ENHANCE THE QUALITY OF SOCIAL AND CULTURAL LIFE OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO SCRANTON AREA FOUNDATION, INC FOR STEAM PROG FOR WOMEN IN PHILANTHROPY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sondra Myers Co-Trustee | 1 | $0 | |
Robert F Durkin Co-Trustee | 1 | $0 | |
Philip P Condron Co-Trustee | 1 | $0 | |
David Hawk Co-Trustee | 1 | $0 | |
Matthew Haggerty Co-Trustee | 1 | $0 | |
Pnc Bank Co-Trustee | 1 | $6,287 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,887 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,287 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $7,302 |
| Contributions, gifts, grants paid | $36,500 |
| Total expenses and disbursements | $43,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,436 |
| 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 | $468,135 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $474,571 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Neighborhood Development Trust Fund Chamber Of Commerce Bldg has awarded $36,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SCRANTON AREA FOUNDATION - THE GARDEN OF CEDAR FUND PURPOSE: IN SUPPORT OF DEVELOPING COMMUNITY GARDEN FOR IMMIGRANT COMMUNITY OF SOUTH SCRANTON | $5,000 |
UNITED NEIGHBORHOOD CENTERS PURPOSE: IN SUPPORT OF ORGANIZATIONAL PROGRAMMING | $2,500 |
UNITED WAY OF LACKAWANNA & WAYNE COUNTIES PURPOSE: IN SUPPORT OF LOW INCOME HOME ENERGY ASSISTANCE PROGRAM | $9,000 |
SKILLS IN SCRANTON PURPOSE: IN SUPPORT OF CAREER PATHWAY DEVELOPMENT FOR STUDENTS IN LACKAWANNA COUNTY PUBLIC SCHOOLS | $20,000 |