Totals
- Total revenue
- $112,229
- Total expenses
- $145,669
- Contributions and grants received
- $103,774
- Grants paid
- $0
- Program service revenue
- $8,100
- Investment income
- $0
- Other revenue
- $355
- Total assets, end of year
- $643,906
- Total liabilities, end of year
- $377,453
- Net assets or fund balances, end of year
- $266,453
- Program services expenses (Part IX)
- $124,398
- Management and general expenses
- $13,977
- Fundraising expenses
- $7,294
- Program service expenses (Part III)
- $124,398
Program services were 85.4% 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.
-
1e · Government grants (contributions)
$11,000
-
1f · All other contributions, gifts and grants
$92,774
-
2a · Program service revenue: CO-OP RBEG PAYMENTS
total $2,400 · related or exempt $2,400
-
2b · Program service revenue: PMCC RENT PAYMENTS
total $5,700 · related or exempt $5,700
-
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
total $355 · related or exempt $355
-
11c · Other revenue: PPP LOAN FORGIVEN
-
11e · Other revenue, total
$355
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 $49,187 · program services $35,117 · management and general $8,378 · fundraising $5,692
-
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 $8,288 · program services $8,063 · management and general $225
-
11c · Fees: accounting
total $1,024 · program services $768 · management and general $256
-
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 $441 · program services $302 · fundraising $139
-
13 · Office expenses
total $0
-
14 · Information technology
total $4,595 · program services $1,819 · management and general $1,338 · fundraising $1,438
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,269 · program services $2,269
-
17 · Travel
total $100 · program services $100
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $3,934 · program services $3,934
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $23,304 · program services $23,304
-
23 · Insurance
total $4,678 · program services $4,678
-
24a · Other expenses: Independent contractors
total $40,957 · program services $40,957
-
24b · Other expenses: BAD DEBT
total $2,075 · management and general $2,075
-
24c · Other expenses: Telephone
total $1,094 · program services $794 · management and general $300
-
24d · Other expenses: Office small tools
total $1,039 · program services $839 · management and general $200
-
24e · All other expenses
total $2,684 · program services $1,454 · management and general $1,205 · fundraising $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $28,140 · end of year $79,363
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $99,836 · end of year $78,127
-
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
end of year $10,000
-
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
$196,844
-
10c · Land, buildings and equipment, net
beginning of year $499,620 · end of year $476,316
-
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
end of year $1,024
-
24 · Unsecured notes and loans payable
beginning of year $96,547 · end of year $93,000
-
25 · Other liabilities
beginning of year $231,256 · end of year $283,429
-
27 · Net assets without donor restrictions
beginning of year $227,880 · end of year $205,301
-
28 · Net assets with donor restrictions
beginning of year $72,013 · end of year $61,152
Mission and programs · 2022
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.
-
LOCAL FOOD PROGRAM: 2022 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 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 PARTNRSHIP WITH OTHER LOCAL ORGS.
Expenses $40,415
-
SMALL BUSINESS PROGRAM: 2022 PROJECTS INCLUDED CONTINUING TO DEVELOP THE MOM&POP SHOP PROJECT TO INCLUDE SMALL BUSINESS INCUBATION FOR PARTICIPANTS INCLUDING BUSINESS PLANS AND FINANCIAL PLANNING, AND PREPARATION TO OWN A STOREFRONT ON THE MAIN STREET. INITIATING NEW YORK MAIN STREET PROGRAM ARCHITECTRUAL TA ASSISTANCE TO 13 PROPERTY OWNERS AND DEVELOPING 113 MAIN ST TO SERVE AS A PBI SHOP AND VISITOR CENTER.
Expenses $32,780
-
HOUSING PROGRAM: 2022 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 HOUNG STOCK AND MIXED-USE STOREFRONTS CREATING LIVABLE NEIGHBORHOODS BY DEVELOPING A CULTURAL RESOURCES SURVEY, AND THE MOM&POP SHOP PROJECT AIMED AT TURNING STOREFRONT RENTALS TO BUSINESS OWNERSHIP.
Expenses $27,523
As filed on the 2022 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
- $49,187
- From this org
- $49,187
- 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
- 2022
- Filed
- 2 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313069349301581
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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