Totals
- Total revenue
- $182,324
- Total expenses
- $146,393
- Contributions and grants received
- $175,724
- Grants paid
- $0
- Program service revenue
- $6,600
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $556,318
- Total liabilities, end of year
- $253,934
- Net assets or fund balances, end of year
- $302,384
- Program services expenses (Part IX)
- $131,741
- Management and general expenses
- $8,367
- Fundraising expenses
- $6,285
- Program service expenses (Part III)
- $131,741
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$175,724
-
2a · Program service revenue: CO-OP RBEG PAYMENTS
total $2,400 · related or exempt $2,400
-
2b · Program service revenue: PMCC RENT PAYMENTS
total $4,200 · related or exempt $4,200
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: EIDL GRANT
-
11b · Other revenue: Miscellaneous Revenue
-
11c · Other revenue: PPP LOAN FORGIVEN
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $50,630 · program services $40,000 · management and general $6,000 · fundraising $4,630
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $7,670 · program services $7,670
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $324 · program services $224 · fundraising $100
-
13 · Office expenses
total $0
-
14 · Information technology
total $4,551 · program services $1,517 · management and general $1,517 · fundraising $1,517
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,393 · program services $2,393
-
17 · Travel
total $210 · management and general $210
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $524 · management and general $524
-
20 · Interest
total $4,047 · program services $4,047
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $23,310 · program services $23,310
-
23 · Insurance
total $4,461 · program services $4,461
-
24a · Other expenses: Independent contractors
total $44,022 · program services $44,022
-
24b · Other expenses: Supplies
total $1,267 · program services $1,267
-
24c · Other expenses: Telephone
total $1,068 · program services $1,068
-
24d · Other expenses: Printing and Publications
total $628 · program services $628
-
24e · All other expenses
total $1,288 · program services $1,134 · management and general $116 · fundraising $38
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $79,363 · end of year $44,122
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $78,127 · end of year $44,090
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $10,000 · end of year $15,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$673,160
-
10b · Land, buildings and equipment: accumulated depreciation
$220,154
-
10c · Land, buildings and equipment, net
beginning of year $476,316 · end of year $453,006
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $100 · end of year $100
-
17 · Accounts payable and accrued expenses
beginning of year $1,024
-
24 · Unsecured notes and loans payable
beginning of year $93,000
-
25 · Other liabilities
beginning of year $283,429 · end of year $253,934
-
27 · Net assets without donor restrictions
beginning of year $205,301 · end of year $276,654
-
28 · Net assets with donor restrictions
beginning of year $61,152 · end of year $25,730
Mission and programs · 2023
Mission
PBI DEVELOPS AND IMPLEMENTS PROJECTS WITH FOUR CORE PROGRAMS THAT INTEGRATE HOUSING, LOCAL FOOD, SMALL BUSINESS ECONOMIC DEVELOPMENT, AND SPECIAL PROJECTS THAT COMBAT COMMUNITY DETERIORATION BY IMPROVING THE GENERAL QUALITY OF LIFE IN THE VILLAGE OF PHILMONT AND SURROUNDING AREA. EMPHASIS IS PLACED ON COMMUNITY PARTICIPATION IN THE SPIRIT OF A TRADITIONAL BARN RAISING.
Activities or mission (Part I)
PBI ENGAGES A GRASS ROOTS APPROACH TO DEVELOP AND INITIATE COMMUNITY ENHANCEMENT PROJECTS THAT COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH PROGRAMS AIMED AT IMPROVING THE QUALITY OF COMMUNITY LIFE.
-
HOUSING PROGRAM: 2023 PROJECTS INCLUDED CONTINUING TO CREATE A VILLAGE WIDE HOUSING PLAN TO ENSURE DIVERSITY ACCESS TO AFFORDABLE HOUSING, AGING IN PLACE, AND WORKING FAMILIES EQUITABLE ACCESS TO OWNERSHIP OF HISTORIC HOUSING STOCK AND MIXED-USE STOREFRONTS CREATING LIVABLE NEIGHBORHOODS AND BY DEVELOPING THE NOMINATION FOR THE VILLAGE OF PHILMONT HISTORIC DISTRCIT CONSISTING OF 444 PROPERTIES AND CULTURAL RESOURCES TO BE LISTED ON THE STATE AND NATIONAL REGISTRIES OF HISTORIC PLACES.
Expenses $50,188
-
LOCAL FOOD PROGRAM: 2023 PROJECTS INCLUDED CONTINUING TO CREATE A LOCAL FOOD SYSTEM LOCATED IN THE DOWNTOWN THROUGH A BROWNFIELD RE-ADAPT OF A FORMER GAS STATION/CONVENIENCE STORE TO A LOCAL FOOD DIRECT MARKET TO SERVE THE COMMUNITY WITH FRESH, HEALTHY LOCAL FOODS, INCLUDING PREPARED FOODS FROM A COMMERICAL KITCHEN, A 1,600 SQ FT VICTORY GARDEN AS A COVID RESPONSE PROJECT STARTED IN 2019 TO TEACH HEALTHY LIVING, SELF-SUFFICENCY BY GROWING, FREE HARVESTING TO THE COMMUNITY IN NEED OF FOOD ASSISTANCE, AND TEACHING KIDS & FAMILIIES HOW TO PREPARE MEALS IN PARTNERSHIP WITH OTHER LOCAL ORGS.
Expenses $35,275
-
SPECIAL PROJECTS: 2023 PROJECTS INCLUDED THE CONTINUATION OF A PROJECT ALLIANCE AGREEMENT WITH THE VILLAGE OF PHILMONT FOR THE IMPLEMENTATION OF PRE-DEVELOPMENT ACTIVITIES OF SEVEN SELECTED PRIMARY SITES IDENTIFIED IN THE SUMMIT LAKE AND ITS WATERCOURSE DESIGNATED BROWNFIELD OPPORTUNITY AREA PLAN (BOA) OUTLINED AS PHILMONT RISING GOALS FOR THE REGENERATIVE REDEVELOPMENT AND RESUE OF POST-INDUSTRIAL MILLS, BUILDINGS, AND INFILL LOTS AS CATALYSTS FOR VILLAGE REVITALIZATION INCLUDING THE DEVELOPMENT OF A INTERMUNICIPAL LWRP AGAWAMUCK CREEK WATERSHED MANAGEMENT PLAN WITH PARTICIPATING TOWNS OF PHILMONT, CLAVERACK, GHENT, HILLSDALE AND AUSTRALITZ INVOLVING AN AREA OF 22.9 SQUARE MILES OF WATERSHED LANDS AND WATERCOURSES THAT FEED INTO SUMMIT LAKE IN PHILMONT ON THE WAY TO THE HUDSON RIVER ESTRURY AS THE FINAL DESTINATION.
Expenses $27,683
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SALLY BAKER Co-founder
Executive Dir.
- Total calculated
- $50,630
- From this org
- $50,630
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45
-
John GourlayJOHN GOURLAY
President
- Total calculated
- $0
- Hours/week
- 3
-
CAROLYN STERN Co-founder
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
KATE MARTINO Co-founder
Treasurer
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413139349303911
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