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Nonprofit · EIN 13-3765140

POINT COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · BRONX, NY 10474

Financials

$1.9M$2M2023$3.4M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of POINT COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,367,041$2,310,650$1,056,391$2,729,089$223,126$2,505,963
December 31, 2023990$1,947,743$1,996,634-$48,891$1,645,987$196,415$1,449,572
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,171,748
of which government grants
$398,794
Program service revenue
$50,430
Investment income
$45,090
Net rental income
$99,773
Other revenue
$99,773

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,661
Other salaries and wages
$1,092,817
Salaries, compensation and benefits (total)
$1,382,845
Professional fundraising fees
$0
Accounting fees
$36,000
Occupancy
$273,273
Travel
$9,388
Depreciation
$32,507
Program services (functional)
$1,924,206
Management and general (functional)
$285,238
Fundraising (functional)
$101,206

Balance sheet and other

Total assets, start of year
$1,645,987
Total assets, end of year
$2,729,089
Total liabilities, end of year
$223,126
Net assets, end of year
$2,505,963
Land, buildings and equipment
$192,905
Net assets without donor restrictions
$1,765,546
Net assets with donor restrictions
$740,417
Gross receipts
$3,367,041
Employees
28
Year formed
1994
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Maria TorresPresident
Officer
35$92,661$22,849
Michael GlazebrookChairman
Trustee or director
2$0$0
Qiana MickieSecretary VP
Trustee or director
0.5$0$0
Leighton WynterBoard member
Trustee or director
0.5$0$0
Sarah LeeBoard member
Trustee or director
0.5$0$0
Karen VanterpoolBoard member
Trustee or director
0.5$0$0
Svati LelyveldBoard member
Trustee or director
0.5$0$0
Jodi SchniederBoard member
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
Maria TorresPresidentCOO
Officer
35$106,814$22,049
Danny PeraltaExecutive Managing Director
Officer
25$6,276$0
Karen VanterpoolBoard member
Trustee or director
0.5$0$0
Svati LelyveldBoard member
Trustee or director
0.5$0$0
Jodi SchniederBoard member
Trustee or director
0.5$0$0
Sarah LeeBoard member
Trustee or director
0.5$0$0
Michael GlazebrookChairman
Trustee or director
2$0$0
Qiana MickieSecretary VP
Trustee or director
0.5$0$0
Leighton WynterBoard member
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
940 GARRISON AVE, BRONX, NY 10474-5335
In care of
% MARIA TORRES
Principal officer (990 for 2024)
Maria Torres, 940 Garrison Avenue, Bronx, NY 10474
Signed the 990
MARIA TORRES, PresidentCEO
Phone
(718) 542-4139
Return prepared by
Paul Soobryan CPA PLLC

Mission

The Organization is a community-based non-profit organization dedicated to youth development and the cultural and economic revitalization of the Hunts Point section of the Bronx, NY, through combining talents of area residents, organization and the art community.

990 for the year ended December 31, 2024

Program accomplishments

  • Youth and After School - The Organization provides youth leadership development programs through various activities, such as after school activities, summer camps, etc. to strengthen both academic performance and character building for youths in the community.
    Expenses $1,196,762
  • Arts and Others - The Organization employs media arts and entrepreneurship and energizing at-risk youths and other neighborhood residents to empower themselves with the skills necessary to remake their community and bring new energy, vibrancy, and economic growth to the community.
    Expenses $727,444

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3765140
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$2,729,089
Income (IRS master file)
$3,367,041

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,367,041$2,310,650$2,729,089XML
990December 2023$1,947,743$1,996,634$1,645,987XML
990December 2022$1,991,358$1,721,091$1,575,008IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3765140).

Questions about POINT COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of POINT COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of POINT COMMUNITY DEVELOPMENT CORPORATION is 13-3765140.
Is POINT COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to POINT COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POINT COMMUNITY DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POINT COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POINT COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POINT COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names Maria Torres.
Who are the officers and directors of POINT COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $92,661 (Maria Torres, President).
How much revenue does POINT COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,367,041, expenses of $2,310,650 and total assets of $2,729,089 at year end.

Other nonprofits in BRONX

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