Society For Preservation Of Weeksville & Bedford-Stuyvesant Hi
- Assets
- $2.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 20
- Location
- Brooklyn, NY
- Founding
- 03/1974
- Data as of
- 06/2022
- EIN
- 23-7330454
Organization Overview
Society For Preservation Of Weeksville & Bedford-Stuyvesant Hi, operating under the name and Bedford-Stuyvesant History, is located in Brooklyn, NY. The organization was established in 1974. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, and Bedford-Stuyvesant History employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. and Bedford-Stuyvesant History 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 06/2022, and Bedford-Stuyvesant History generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 10.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING HISTORICAL SITES & ARTIFACTS FROM THE WEEKSVILLE SECTION OF BROOKLYN, NY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROGRAM - PROVIDES TRANSFORMATIVE LEARNING OPPORTUNITIES THAT ENCOURAGE LIFE LONG LEARNING AND POSITIVE SOCIAL INTERACTIONS.
EDUCATIONAL PROGRAM - PROVIDES DIRECT AND MEANINGFUL INFORMATION ON THE HISTORIC HOUSES AND SITES: ENCOURAGE VISITORS TO BECOME PRESERVER OF THEIR COMMUNITY HISTORY: PROMOTE INTEREST IN AFRICAN-AMERICAN AND BROOKLYN HISTORY AND HERITAGE AND DEMONSTRATE THE INTERCONNECTEDNESS BETWEEN THE PAST AND THE PRESENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Simons Chairman | OfficerTrustee | 5 | $0 |
Jessica B Lee Vice Chairman | OfficerTrustee | 5 | $0 |
Renee V Mcclure Secretary | OfficerTrustee | 5 | $0 |
Deborah Juantorena Treasurer | OfficerTrustee | 5 | $0 |
Eric J Deutsch Board Member | Trustee | 5 | $0 |
Suhaly Bautista-Carolina Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,299,492 |
| All other contributions, gifts, grants, and similar amounts not included above | $807,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,106,563 |
| Total Program Service Revenue | $59,086 |
| Investment income | $2,414 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,168,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $280,088 |
| Compensation of current officers, directors, key employees. | $90,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $592,044 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,712 |
| Payroll taxes | $78,174 |
| Fees for services: Management | $49,856 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,443 |
| Office expenses | $102,917 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,795 |
| Travel | $2,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,023 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,786 |
| Insurance | $81,801 |
| All other expenses | $35,059 |
| Total functional expenses | $1,947,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,761,126 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $269,825 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,555 |
| Prepaid expenses and deferred charges | $8,450 |
| Net Land, buildings, and equipment | $875,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,917,623 |
| Accounts payable and accrued expenses | $178,316 |
| Grants payable | $0 |
| Deferred revenue | $3,387 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Total liabilities | $181,703 |
| Net assets without donor restrictions | $2,073,036 |
| Net assets with donor restrictions | $662,884 |
| 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 | $2,917,623 |