COMMUNITY ACTION OF SOUTHOLD TOWN INC

EIN: 112129868 501(c)(3)

SOUTHOLD, NY

Total Revenue
$3,286,324
Total Expenses
$2,709,745
Total Assets
$6,204,208
Net Assets
$6,123,612
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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NY
Principal Officer
MARC SOKOL
Phone
6314771717
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY ACTION OF SOUTHOLD TOWN INC, founded in 1965, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $577K, a strong 18% operating margin.

Mission

CAST'S MISSION IS TO PROVIDE A SAFETY NET AND PROMOTE SELF-SUFFICIENCY FOR NORTH FORK AND SHELTER ISLAND RESIDENTS IN NEED, HELPING TO BATTLE FOOD, SHELTER, EMPLOYMENT AND HEALTHCARE INSECURITY WITH DIGNITY AND COMPASSION. WE SERVE A DIVERSE AND VULNERABLE POPULATION WHICH INCLUDES SENIORS, PEOPLE WITH DISABILITIES, SINGLE MOTHERS, CHILDREN AND ESPECIALLY IMPOVERISHED/LOW-WAGE WORKERS - THE BACKBONE OF THE AGRICULTURE, HOSPITALITY AND TOURISM SECTORS THAT DRIVE OUR LOCAL ECONOMY. OUR GOAL IS TO HELP THESE INDIVIDUALS AND FAMILIES MEET THEIR BASIC NEEDS AND MOVE THEM TOWARD SELF-SUFFICIENCY. OVER THE DECADES, CAST HAS GROWN AND ADJUSTED TO BEST SERVE THE NEEDS OF THE NORTH FORK BUT OUR OBJECTIVE OF "NEIGHBORS HELPING NEIGHBORS" REMAINS THE SAME.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,779,082
Program Service Revenue $0
Investment Income $44,937
Other Revenue $462,305
TOTAL REVENUE $3,286,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $856,925
Fundraising Expenses $241,834
Program Expenses $2,183,471
Other Expenses $1,852,820
TOTAL EXPENSES $2,709,745

Year-over-Year Comparison

2023 2022 Change
Revenue $3,286,324 $4,047,475 -0.2%
Expenses $2,709,745 $2,099,870 +0.3%
Net Income $576,579 $1,947,605 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
37
Volunteers
150

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
5
$164,667
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC SOKOL PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVEN HANNAN TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN SOMERVILLE SECRETARY - PAST 1.00
Director
$0 $0 $0
PETER S TREIBER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RONA SMITH SECRETARY - CURRENT 1.00
Officer Director
$0 $0 $0
DAVID AUSTIN DIRECTOR 1.00
Director
$0 $0 $0
BRIDGET ELKIN DIRECTOR 1.00
Director
$0 $0 $0
MARK GAGEN DIRECTOR 1.00
Director
$0 $0 $0
BETSY LIEGEY DIRECTOR 1.00
Director
$0 $0 $0
MARIA MCBRIDE DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE MCEVILY DIRECTOR 1.00
Director
$0 $0 $0
ROYAL TUTHILL DIRECTOR 1.00
Director
$0 $0 $0
CATHY DEMEROTO EXECUTIVE DIRECTOR 35.00
Officer
$156,400 $8,267 $164,667
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 No data No data No data No data
2023 $3,286,324 $2,709,745 $6,204,208 $576,579
2022 $4,047,475 $2,099,870 $5,546,711 $1,947,605
2021 $2,768,365 $946,991 $5,168,695 $1,821,374
2020 $1,885,594 $788,937 $2,155,531 $1,096,657
2019 $656,823 $411,293 $915,094 $245,530
2018 $440,263 $408,324 $479,467 $31,939
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