Liberty Community Development Corp
- Assets
- $10.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Liberty, NY
- Founding
- 09/2005
- Data as of
- 12/2016
- EIN
- 43-2063652
Organization Overview
Liberty Community Development Corp is located in Liberty, 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. Liberty Community Development Corp 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 12/2016, Liberty Community Development Corp generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (32.8%) per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3
YOUTH PROGRAMS: THE ORGANIZATION WORKS TO INVOLVE THE LOCAL YOUTH IN THE LOCAL COMMUNITY. THE ORGANIZATION HAS WORKED WITH THE TEENS TO RAISE MONEY TO BUILD A TEEN SKATE PARK AND HAS WORKED WITH OTHER AGENCIES TO INVOLVE THE YOUNG PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Reeves Trustee | 1 | $0 | |
Darlene Fedun Trustee | 1 | $0 | |
Joan Stoddard Trustee | 1 | $0 | |
Ronald Stabak Trustee | 1 | $0 | |
William Silver Trustee | 1 | $0 | |
Brian Mcphillips Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,540 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,540 |
| 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 | $2,400 |
| Occupancy, rent, utilities, and maintenance | $425 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,121 |
| Total expenses | $45,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,374 |
| Other assets | $0 |
| Total assets | $10,400 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,400 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Liberty Community Development Corp has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
Gerry Foundation Inc Liberty, NY PURPOSE: GENERAL SUPPORT | $9,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Choose New Jersey Inc Newark, NJ | $7,145,867 | $9,053,939 |
Dauphin County Economic Development Corporation Harrisburg, PA | $8,424,591 | $10,449,757 |
Ben Franklin Technology Partners Of Northeastern Pennsylvania Inc Bethlehem, PA | $58,069,128 | $6,233,285 |
Greater Pittsburgh Convention & Visitors Bureau Inc Pittsburgh, PA | $10,210,665 | $8,196,256 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Delaware Valley Industrial Resource Center Philadelphia, PA | $2,959,574 | $7,894,285 |
Elizabeth Development Company Of New Jersey Elizabeth, NJ | $19,921,454 | $5,978,138 |
Pa Irc Network Foundation Williamsport, PA | $229,668 | $6,193,798 |