Prospect Heights Neighborhood Development Council
- Assets
- $120.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 09/2005
- Data as of
- 06/2023
- EIN
- 41-2138050
Organization Overview
Prospect Heights Neighborhood Development Council is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Prospect Heights Neighborhood Development Council 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 06/2023, Prospect Heights Neighborhood Development Council generated $188.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $222.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilbert Veconi Chair | 20 | $0 | |
Saskia Haegens Vice Chair | 20 | $0 | |
Richard Roth Treasurer | 5 | $0 | |
Emily Liu Secretary | 5 | $0 | |
Al Bass Director (thru Jan) | 4.5 | $0 | |
Raphael Myrthil Director (thru Jan) | 4.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,817 |
| Total Program Service Revenue | $24,160 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,977 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,535 |
| Professional fees and other payments to independent contractors | $169,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,093 |
| Other expenses | $22,426 |
| Total expenses | $222,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,437 |
| Other assets | $0 |
| Total assets | $120,123 |
| Total liabilities | $29,702 |
| Net assets or fund balances | $90,421 |