Cambridge Valley Community Development Preservation Partnership Inc

EIN: 010633329 501(c)(3) Community Improvement

Cambridge, NY

Total Revenue
$80,132
Total Expenses
$7,512
Total Assets
$977,860
Net Assets
$537,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
Sarah Ashton
Phone
5186773555
Tax Period
2024-01-01 to 2024-12-31

Cambridge Valley Community Development Preservation Partnership Inc, founded in 2001, is a micro nonprofit in the Community Improvement sector that reported $80K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 91% operating margin.

Mission

The organization's mission is the preserve and promote cultural, recreational, and youth development opportunities for the residents in and around Cambridge, NY through raising public awareness, sponsoring preservation projects, and acquiring an renovating propety of local and regional significance. Its most significant activity has been to acquire government grants for the purpose of restoring the area known as the Cambridge Freight Yard and now revitalizing the Cambridge Lumber Yard.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $95,825
Program Service Revenue $6,005
Investment Income $0
Other Revenue $-21,698
TOTAL REVENUE $80,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,996
Other Expenses $7,512
TOTAL EXPENSES $7,512

Year-over-Year Comparison

2024 2023 Change
Revenue $80,132 $103,900 -0.2%
Expenses $7,512 $11,290 -0.3%
Net Income $72,620 $92,610 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Gilchrist Director 0.50
Director
$0 $0 $0
Jeff Goldstone Director 0.50
Director
$0 $0 $0
Naomi Marsh Director 0.50
Director
$0 $0 $0
Sara Kelly Director 0.50
Director
$0 $0 $0
Benjie White Director 0.50
Director
$0 $0 $0
Rick Lederer-Barnes Director 0.50
Director
$0 $0 $0
Gerry Preece Director 0.50
Director
$0 $0 $0
Sarah Ashton President 5.00
Officer
$0 $0 $0
Philip Bell Vice President 1.00
Officer
$0 $0 $0
Lucas Sconzo Secretary 1.00
Officer
$0 $0 $0
Alan Wrigley Treasurer 2.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $80,132 $7,512 $977,860 $72,620
2023 $103,900 $11,290 $703,040 $92,610
2022 $99,598 $11,331 $497,458 $88,267
2021 $58,116 $29,379 $406,475 $28,737
2020 $-89,143 $23,362 $275,285 $-112,505
2019 $17,279 $22,813 $532,732 $-5,534
2018 $14,068 $28,979 $540,524 $-14,911
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