Metro Community Development Corpora EIN 04-3611860 Form 990 (PDF) Claim this org

Metro Community Development Corpora FY2022 filing

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Provides aid and support to those in need within the Buffalo-Niagara Community. For fiscal year 2022 it reported $664K in revenue, $443K in expenses, and $387K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Buffalo, NY
Website
metrocommunitydevelopment.com
Filings
5 on file (2020–2022)
Revenue
$664KFY2022
Expenses
$443K
Net assets
$387K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-3611860 Public charity (501(c)(3)) Buffalo, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides aid and support to those in need within the Buffalo-Niagara Community.
Leadership
Candace Moppins · Executive Director · $49K
Money in and out
$664K revenue, $443K expenses
Bottom line
88% program efficiency
Where the money goes · FY2022
Total revenue
$664K
Pt VIII · Ln 12
Total expenses
$443K
Pt IX · Ln 25
Net assets
$387K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $221K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program efficiency
88%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$664K
FY2022▲ +78%
Expenses
$443K
FY2022▲ +55%
Total assets
$401K
FY2022▲ +100%
Total liabilities
$14K
FY2022▼ -60%
Total revenue
$664K
Pt VIII · Ln 12
Total expenses
$443K
Pt IX · Ln 25
Net assets
$387K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$221K
Total assetsPt X · Ln 16$401K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMetro Community Development Corpora
EINHdr · item D04-3611860
Principal addressHdr · item CBuffalo, NY
WebsiteHdr · item Jmetrocommunitydevelopment.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N31)
Ruling yearIRS BMFDec 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$49,470Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Candace Moppins’s $46K as Executive Director is at the 58th percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2022FY2021
Candace Moppins$45,827$49,470$27,868

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $388K of program spending, described in the organization's own filed words · FY2022.
01

Student Success Programs We provide homework assistance and recreational activities such as arts and crafts, Girl Scouts, Boy Scouts, girls and boys' mentoring programs and supervised sports, basketball and flag football.

$213Kprogram expense
02

Community Activities We have been a provider of summer camp for over 15 years. Our summer camp provides youth an exciting and action-packed 8 weeks of activities. The children are all enrolled in the Mayor's Reading Challenge and are encouraged to read, and compose an essay on each book they read.

$138Kprogram expense
03

Senior Services Our senior program offers a variety of activities for the active senior adult population. Along with our exercise programs, we offer educational workshops/seminars, day trips to areas of interest around and in Western New York and other social activities.

$38Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$637K · 96%
Program service revenue$18K · 3%
Other revenue$9K · 1%
Contributions & grants96%$637K
Program service revenue3%$18K
Other revenue1%$9K
— government grantsLn 1e$298K
Total revenueLn 12$664K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program services88%$388K
Management & general9%$40K
Fundraising3%$15K
Total functional expensesLn 25$443K

Balance Sheet

Part X · end of year
CashLn 1$239K
Total assetsLn 16$401K
Total liabilitiesLn 26$14K
Total net assetsLn 32$387K
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $239K · Operating expenses (Pt IX) $443K · Less non-cash grants $82K · Cash operating expenses/yr $361K
7.9 months
Where the money goes
Program services
Program services $388K · Total expenses $443K
88%
Management & General
Management & general $40K · Total expenses $443K
9%
Fundraising
Fundraising $15K · Total expenses $443K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $208K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $637K · Total revenue $664K
96%
Government reliance
Government grants $298K · Total revenue $664K
45%
Earned-income share
Program service revenue $18K · Total revenue $664K
3%
Investment reliance
Investment income $0 · Total revenue $664K
0%
Program self-sufficiency
Program service revenue $18K · Total expenses $443K
4%
Growth & trend
Revenue growth (YoY)
This year $664K · Prior year $373K
+78%
Net-asset trend (YoY)
End of year $387K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $664K · Expenses $443K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $401K
Net-asset ratio
Net assets $387K · Total assets $401K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $401K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Candace Moppins · Reported title Executive Director · Highest reported compensation $49K · Total expenses $443K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $153K · Total expenses $443K
35%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 9%
Fundraising cost ratio 2%
Revenue growth 78%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$517K revenue · ⤓ 990 PDF
FY2023$573K revenue · ⤓ 990 PDF
FY2022$664K revenue · viewing · ⤓ 990 PDF
FY2021$373K revenue · ⤓ 990 PDF
FY2020$231K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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