Community Progress Incorporated EIN 23-7076247

Community Progress Incorporated

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Helps low-income people and towns with housing and business needs through rehabilitation programs. For fiscal year 2025 it reported $1.1M in revenue, $1.0M in expenses, and $553K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Corning, NY
Website
www.communityprogressinc.com
Filings
6 on file (2020–2025)
Revenue
$1.1MFY2025
Expenses
$1.0M
Net assets
$553K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-7076247 Public charity (501(c)(3)) Corning, NY
Form 990 (PDF)
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Size
$1–10M
What they do
Helps low-income people and towns with housing and business needs through rehabilitation programs.
Leadership
Julie Chevalier · Executive Director · $92K
Money in and out
$1.1M revenue, $1.0M expenses
Bottom line
74% program efficiency
Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$553K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.26
Program efficiency
74%
of spending reaches programs▼ -7% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▼ -60% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +132% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ +94%
Expenses
$1.0M
FY2025▲ +64%
Total assets
$903K
FY2025▼ -12%
Total liabilities
$350K
FY2025▼ -33%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$553K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$903K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $766K of program spending, described in the organization's own filed words · FY2024.
01

Providing rehabilitation services to homeowners eligible for such grants in the regional communities.

$766Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Progress Incorporated
EINHdr · item D23-7076247
Principal addressHdr · item CCorning, NY
WebsiteHdr · item Jwww.communityprogressinc.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$91,709Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Julie Chevalier$91,709$82,824$82,403$79,336$78,690$75,232
Lydia Kaluzny-Welnicki$15,291

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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Statement of Revenue

Part VIII
Contributions & grants$822K · 76%
Program service revenue$258K · 24%
Contributions & grants76%$822K
Program service revenue24%$258K
Investment income$2K
Other revenue$960
— government grantsLn 1e$802K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.26
Program services74%$766K
Management & general26%$271K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$353K
Total assetsLn 16$903K
Total liabilitiesLn 26$350K
Total net assetsLn 32$553K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $353K · Operating expenses/yr $1.0M
4.1 months
Where the money goes
Program services
Program services $766K · Total expenses $1.0M
74%
Management & General
Management & general $271K · Total expenses $1.0M
26%
Fundraising
Fundraising $0 · Total expenses $1.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $17K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $822K · Total revenue $1.1M
76%
Government reliance
Government grants $802K · Total revenue $1.1M
74%
Earned-income share
Program service revenue $258K · Total revenue $1.1M
24%
Investment reliance
Investment income $2K · Total revenue $1.1M
+0.2%
Program self-sufficiency
Program service revenue $258K · Total expenses $1.0M
25%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $559K
+94%
Revenue CAGR
FY2019 $684K · FY2024 $1.1M
+10%
Net-asset trend (YoY)
End of year $553K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.0M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $903K
Net-asset ratio
Net assets $553K · Total assets $903K
61%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $903K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julie Chevalier · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $92K · Total expenses $1.0M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $281K · Total expenses $1.0M
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 26%
Fundraising cost ratio 0%
Revenue growth 94%
Legal fee ratio 0.5%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$20K
Grants paid · 7 grants · $2.8M · 2019–2024
Unitemized GrantFY2024$540,078
Unitemized GrantFY2023$114,161
Unitemized GrantFY2022$310,096
Unitemized GrantFY2022$233,499
Unitemized GrantFY2021$486,129
Unitemized GrantFY2020$642,916
Unitemized GrantFY2019$442,405

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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
FY2025 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$559K revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$712K revenue · ⤓ 990 PDF
FY2021$982K revenue · ⤓ 990 PDF
FY2020$684K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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