Partnership for Community Development Ltd FY2021 filing

Tax-deductible

Hamilton, NY501(c)(3)Foundations & GrantmakersEIN 16-1572206Revenue $461K in FY2021

On file with the IRSthisishamiltonny.com18 Utica St Ste 101, 13346-1171 · Hamilton, NYTax-exempt since Mar 2000Publicly supported charity — 170(b)(1)(A)(vi)

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To enhance the economic and Community vitality of the area of the town/village of hamilton, NY. During 2020, Partnership for Community Development focused its efforts in the following areas (1) marketing and Development, (2) economic Development, (3)micro-assistance grant program, (4)housing, (5)dogpark and (6) covid-19 assistance

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$27K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $48K a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$27K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $74K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$461K
-9% vs prior year
Spent
$386K
To programs
78%
Net assets
$464K
By yearFY2020–FY2024
Revenue
$461K
FY2021▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$507K
FY2021$461K
FY2022$836K
FY2023$611K
FY2024$491K
Expenses
$386K
FY2021▼ -22%
Tap a bar for its year
Expenses by fiscal year
FY2020$495K
FY2021$386K
FY2022$733K
FY2023$605K
FY2024$446K
Net assets
$464K
FY2021▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$389K
FY2021$464K
FY2022$566K
FY2023$572K
FY2024$617K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $300K Management & general 22% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $27K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$27,337Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Dana Krueger’s $40K as Director is at the 36th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 4 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Jennifer M Lutter———$59,429
Jocelyn Gavitt—$52,615——
Dana Krueger$39,548———
Jennifer Lutter——$27,337—

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Boosts local economy and community life through development, grants, housing, and COVID-19 aid.

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Provided by the organization

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1 program · $300K · in their own filed words · FY2021
01

Helped existing businesses thrive by providing economic development grants and loans, administered grant to conduct a needs assessment for the village of hamilton airpark and conducted courses and workshops for local businesses including the monthly entrepeneur meetings.

$300Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$74K
Grants paid · 13 grants · $823K · 2020–2023
Town of HamiltonFY2023$45,000
Individual RecipientFY2022$408,858
Individual RecipientFY2021$65,314
Pcd Small Business Fund GrantsFY2021$11,851
Individual RecipientFY2021$8,682
Individual RecipientFY2021$6,935
Cost of Goods Sold - OtherFY2021$6,903
Pcd Small Business Fund GrantsFY2020$104,793
Individual RecipientFY2020$51,342
Mou Exp Mou- Poolville Community CFY2020$27,633
Individual RecipientFY2020$18,740
Incubator Covid-19 ExpenseFY2020$5,753

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$461K
Ln 12
Gifts and grantsLn 1h$448K
Fees for servicesLn 2g$10K
Investment incomeLn 3$3K
Money outPt IX
$386K
Ln 25
Programscol B$300K
Managementcol C$86K
Owns and owesPt X
$464K
net assets · Ln 32
Cash and savingsLn 1–2$221K
Total assetsLn 16$481K
LiabilitiesLn 26$17K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$448K
Government grantsLn 1e$367K
Fees for servicesLn 2g$10K
Investment incomeLn 3$3K
Total revenueLn 12$461K
Assets in detailPt X, end of year
CashLn 1$221K
Cash and savings togetherLn 1–2$221K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$481K
LiabilitiesLn 26$17K
Net assetsLn 32$464K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$159K$221K
Land, buildings, equipmentLn 10c$9K$6K
Total assetsLn 16$427K$481K
LiabilitiesLn 26$38K$17K
Net assetsLn 32$389K$464K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
Other salaries and wagesLn 7$165K$117K$48K
Other employee benefitsLn 9$17K$11K$6K
Payroll taxesLn 10$17K$13K$4K
Other fees for servicesLn 11g$8K$646$7K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$6K$3K$2K
OccupancyLn 16$6K$3K$3K
TravelLn 17$17$17
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$48K$48K
All other expensesLn 24e$6K$3K$3K
Total functional expensesLn 25$386K$300K$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $491K$446K$45K$617K 990 PDF
FY2023 $611K$605K$6K$572K 990 PDF
FY2022 $836K$733K$103K$566K 990 PDF
FY2021 Viewing $461K$386K$75K$464K 990 PDF
FY2020 $507K$495K$12K$389K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $460,735 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $502,801$447,800
I-9 Program service revenuePrior year $570$10,061
I-10 Investment incomePrior year $3,359$2,874
I-11 Other revenue$0
I-12 Total revenuePrior year $506,730$460,735
I-13 Grants and similar amounts paidPrior year $208,261$99,754
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $235,484$198,617
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $51,481$87,783
I-18 Total expensesPrior year $495,226$386,154
I-19 Revenue less expensesPrior year $11,504$74,581
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $460,735 across 6 lines filed
VIII-1e Government grants$366,677
VIII-1f All other contributions, gifts and grants$81,123
VIII-1h Total contributions, gifts and grants$447,800
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,061$10,061
VIII-3 Investment incomeRelated to mission $2,874$2,874
VIII-12 Total revenueRelated to mission $12,935$460,735
Part IX · Statement of functional expenses $386,154 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $99,754$99,754
IX-7 Other salaries and wagesPrograms $116,718 · Management $48,430$165,148
IX-9 Other employee benefitsPrograms $10,586 · Management $5,924$16,510
IX-10 Payroll taxesPrograms $13,134 · Management $3,825$16,959
IX-11g Other fees for servicesPrograms $646 · Management $7,029$7,675
IX-12 Advertising and promotionManagement $9,380$9,380
IX-13 Office expensesPrograms $3,269 · Management $2,266$5,535
IX-16 OccupancyPrograms $2,657 · Management $3,200$5,857
IX-17 TravelPrograms $17$17
IX-22 Depreciation, depletion and amortizationPrograms $2,446$2,446
IX-23 InsuranceManagement $3,167$3,167
IX-24 Other expenses (24a–d)Programs $47,954$47,954
IX-24e All other expensesPrograms $3,223 · Management $2,529$5,752
IX-25 Total functional expensesPrograms $300,404 · Management $85,750 · Fundraising $0$386,154
Part X · Balance sheet $480,832 assets, 10 lines filed
Asset lines not itemized here account for $152,244; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $159,303$221,176
X-3 Pledges and grants receivableStart of year $68,585$101,261
X-10c Land, buildings and equipment, netStart of year $8,597$6,151
X-16 Total assetsStart of year $426,685$480,832
X-17 Accounts payable and accrued expenses$17,181
X-26 Total liabilitiesStart of year $37,617$17,181
X-27 Net assets without donor restrictionsStart of year $389,068$380,691
X-28 Net assets with donor restrictions$82,960
X-32 Total net assets or fund balancesStart of year $389,068$463,651
X-33 Total liabilities and net assetsStart of year $426,685$480,832
Part XI · Reconciliation of net assets $463,651 net assets at year end
XI-1 Total revenue$460,735
XI-2 Total expenses$386,154
XI-3 Revenue less expenses$74,581
XI-4 Net assets at start of year$389,068
XI-9 Other changes in net assets$2
XI-10 Net assets at end of year$463,651

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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