Park City Initiative Corporation
- Assets
- $91.9k
- Revenue
- $697.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Bridgeport, CT
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 90-0074489
Organization Overview
Park City Initiative Corporation is located in Bridgeport, CT. The organization was established in 2003. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Park City Initiative Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park City Initiative Corporation 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 12/2021, Park City Initiative Corporation generated $697.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 72.2% each year . All expenses for the organization totaled $695.7k during the year ending 12/2021. While expenses have increased by 72.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSISTANTLY PROVIDE QUALITY FOOD, RELEVANT RESOURCES AND LIFE COACHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BISHOP JEAN WILLIAMS FOOD PANTRY IS A STAR PROGRAM OF PARK CITY INITIATIVE CORP. IT CONTINUES TO PROVIDE CRITICAL FOOD AND RESOURCES TO FAMILIES WHO ARE ECONOMICALLY AND FOOD INSECURE. WHEN COVID-19 STRUCK, PARK CITY INITIATIVE CORP. DID NOT CLOSE ITS DOORS, THE STAFF AND VOLUNTEERS WENT INTO IMMEDIATE ACTION REACHING OUT TO SENIORS, THE DISABLED AND THOSE WHO WERE QUARANTINED. THE "PARK CITY CARE BOX" PROGRAM WAS IMPLEMENTED AND WITHIN TWO DAYS, OVER 180 SENIORS AND HOMEBOUND FAMILIES CALLED FOR HELP. 3,525 SENIORS AND FAMILIES WHO WERE UNABLE TO LEAVE THEIR HOMES, RECEIVED "PARK CITY CARE BOXES." IN ADDITION, THE DRIVE-THRU PANTRY CONTINUED TO OPERATE THREE TIMES A WEEK PROVIDING OVER 1,035,000 MEALS TO OVER 80,000 INDIVIDUALS. THROUGHOUT 2021. OVER 650 FAMILIES SHOPPED AT THE DRIVE-THRU PANTRY EACH WEEK.
RESOURCE ADVOCACY - IN 2021, DUE TO COV-19, NUMEROUS FAMILIES WERE UNABLE TO PAY THEIR RENT OR MORTGAGE PAYMENTS. THE RESOURCE ADVOCACY DEPARTMENT WAS ABLE TO ASSIST FAMILIES WITH EVICTION PREVENTION ASSISTANCE PAYMENTS. ALSO, WE MUST NOTE THAT DURING THE UNPRECEDENTED YEARS OF COVID-19, MANY INDIVIDUALS BECAME DEPRESSED, DISCONNECTED AND MANY WERE GRIEF STRICKEN OVER UNEXPECTED THE LOSS OF LOVED ONES. THE RESOURCES ADVOCACY DEPARTMENT WAS ABLE TO PROVIDE COMFORT, AND APPROPRIATE REFERRALS AS NEEDED.
METRO KIDZ MOBILE OUTREACH PROGRAM SERVES OVER 500 INNER-CITY CHILDREN AGES 5-12 ANNUALLY. THE MOBILE OUTREACH HAS BEEN IN OPERATION SINCE 2003. WE ARE GRATEFUL FOR GENEROUS FUNDING GIVEN THAT WAS USED TO GIVE THE MOBILE UNIT A MUCH-NEEDED OVERHAUL. THE MOBILE UNIT IS OUTFITTED WITH A LARGE VIDEO SCREEN AND SPEAKERS, AND LOADED WITH FOOD, GAMES, SCHOOL SUPPLIES, MUSIC, AND PASSIONATE VOLUNTEERS, TO TEACH KIDS THEY WERE BORN WITH A PURPOSE, THROUGH FUN, TEACHING OF LIFE SKILLS LESSONS, AND LIVELY DISCUSSION AT THEIR LOCAL PARKS AND COMMUNITIES. LOVING ON THE CHILDREN ALSO OPENS THE DOOR TO FORM RELATIONSHIPS WITH THEIR FAMILIES AND BRING ASSISTANCE VIA PCI'S FOOD PANTRY AND OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Green Vice President | Officer | 16 | $18,992 |
Mary Green President | OfficerTrustee | 15 | $15,610 |
Yolanda Hopkins Chairperson | Trustee | 2 | $0 |
Esther Dixon Director | Trustee | 4 | $0 |
Victoria Daniels Director | Trustee | 2 | $0 |
Cheryl Bell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $685,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $697,737 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $697,737 |
| 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. | $34,602 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $46,268 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,187 |
| Fees for services: Management | $1,430 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,166 |
| Information technology | $419 |
| Royalties | $0 |
| Occupancy | $7,335 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,787 |
| Insurance | $2,731 |
| All other expenses | $0 |
| Total functional expenses | $695,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,394 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $21,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,851 |
| Accounts payable and accrued expenses | $1,971 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $60,045 |
| Total liabilities | $62,016 |
| Net assets without donor restrictions | $29,835 |
| Net assets with donor restrictions | $0 |
| 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 | $91,851 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Park City Initiative Corporation has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
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Jericho Project New York, NY | $18,950,420 | $17,611,803 |
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Columbus House New Haven, CT | $15,682,244 | $16,470,970 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |