Smith Street Common Inc
- Assets
- $377.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Erie, PA
- Founding
- 06/1998
- Data as of
- 09/2023
- EIN
- 23-2948397
Organization Overview
Smith Street Common Inc is located in Erie, PA. The organization was established in 1998. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smith Street Common 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 09/2023, Smith Street Common Inc generated $66.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $61.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
SMITH STREET COMMONS, INC, THROUGH ITS MANAGEMENT AGENT HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES (HANDS) PROVIDES ATTRACTIVE AND AFFORDABLE RENTAL HOUSING TO LOW INCOME AND DISABLED INDIVIDUALS RESIDING IN CORRY, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Bloomstine Member | 1 | $0 | |
Cindy Brown Member | 1 | $0 | |
Almitra Clerkin Member | 1 | $0 | |
Dr Annette Franklin Member | 1 | $0 | |
Michelle Harkins Member | 1 | $0 | |
Michael Jaruszewicz Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,934 |
| Total Program Service Revenue | $13,486 |
| Membership dues | $0 |
| Investment income | $4,144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,394 |
| Occupancy, rent, utilities, and maintenance | $16,299 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,046 |
| Total expenses | $61,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,089 |
| Other assets | $0 |
| Total assets | $377,117 |
| Total liabilities | $322,563 |
| Net assets or fund balances | $54,554 |