CITY MISSION OF SCHENECTADY

EIN: 141403652 501(c)(3)

Schenectady, NY

Total Revenue
$10,745,771
Total Expenses
$7,856,377
Total Assets
$25,192,807
Net Assets
$24,009,728
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
NY
Principal Officer
Michael Saccocio
Phone
5183462275
Tax Period
2024-10-01 to 2025-09-30

CITY MISSION OF SCHENECTADY, founded in 1908, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 27% operating margin.

Mission

The Mission is dedicated to sharing the Gospel of Jesus Christ in word and deed. The ministries of the City Mission of Schenectady seek to comprehensively meet the needs of the poor in a manner that dignifies and strengthens the individual, the family, and the community.

Program Service Accomplishments

Program 1
Expenses: $2,382,126 Revenue: $0

Residential Services seek to comprehensively meet the needs of the poor in a manner that dignifies and strengthens the individual, the family, and the community. Services include a 76-bed Men's...

Read more

Residential Services seek to comprehensively meet the needs of the poor in a manner that dignifies and strengthens the individual, the family, and the community. Services include a 76-bed Men's Facility and a 37-bed Women's and Children's shelter. In addition to receiving shelter and clothing, residents may participate in the "Bridges to Freedom" discipleship and recovery program which includes life-skills training, vocational training, and numerous classes designed specifically to foster the journey from poverty to sustainability.

Program 2
Expenses: $938,165 Revenue: $2,820

The Nutritional Services team provides three meals a day to shelter residents and dinner meals for the community. Bagged meals are available 24/7 at the Men's Shelter. Good nutrition and learning...

Read more

The Nutritional Services team provides three meals a day to shelter residents and dinner meals for the community. Bagged meals are available 24/7 at the Men's Shelter. Good nutrition and learning success go hand in hand as evidenced by numerous studies indicating students who eat a healthy breakfast and/or lunch are more successful learners than those who do not. The Food Services department has a goal of providing men, women, and children with healthy, well-balanced meals. Additionally, we strive to provide nutrition education to men, women, and children so that they are able to make healthy food choices throughout their lives. Our hydroponic container farm features a controlled environment that allows us to grow delicious produce 365 days a year. Currently our freight farm produces 700 heads of lettuce per week which is the foundation of our healthy salad options for those in need. Additionally City Mission has embarked on a greenhouse project to further help increase the volume of food we provide and expand healthy, fresh produce options.

Program 3
Expenses: $664,331 Revenue: $0

The Social Enterprise program at City Mission is comprised of our Salvage Operation and our Thrift Store. Our clothing donations are first brought to our Distribution Center (Neighbor 2 Neighbor...

Read more

The Social Enterprise program at City Mission is comprised of our Salvage Operation and our Thrift Store. Our clothing donations are first brought to our Distribution Center (Neighbor 2 Neighbor Headquarters) where volunteers sort, organize and distribute donated clothing items. Our first priority with the clothing donations is to fill the Clothing Rooms to help people in need right away. After our Clothing Rooms are filled, we provide product to our Thrift Store, where the revenue will support the programs of City Mission. Finally, items not needed for the two purposes above are baled and recycled. By utilizing these options, we're able to maximize the impact of the clothing donations. This entire process provides job skill training for our residents and revenue to help support the ministries of City Mission.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,897,239
Program Service Revenue $339,518
Investment Income $368,710
Other Revenue $140,304
TOTAL REVENUE $10,745,771

Expense Breakdown

Grants Paid $43,320
Salaries & Benefits $4,924,060
Fundraising Expenses $606,933
Program Expenses $6,447,057
Other Expenses $2,723,707
TOTAL EXPENSES $7,856,377

Year-over-Year Comparison

2024 2023 Change
Revenue $10,745,771 $8,268,500 +0.3%
Expenses $7,856,377 $7,951,872 0.0%
Net Income $2,889,394 $316,628 +8.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
130
Volunteers
1679

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
6
$279,025
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Saccocio CEO Executive Director 50
Officer
$132,285 $15,814 $148,099
Timothy Castle CFO Associate Executive Director 40
Officer
$115,112 $15,814 $130,926
James Dean President 1
Officer Director
$0 $0 $0
Christopher Silipigno Vice President 1
Officer Director
$0 $0 $0
Connie Blakelock Secretary & Treasurer 1
Officer Director
$0 $0 $0
Jim Fischer Trustee 1
Officer Director
$0 $0 $0
Jennifer Goldstock Trustee 1
Director
$0 $0 $0
Scott Hoffman Trustee 1
Director
$0 $0 $0
David Leon Trustee 1
Director
$0 $0 $0
Shavonne Sanders Trustee 1
Director
$0 $0 $0
Frank Privitera Trustee 1
Director
$0 $0 $0
Stephen Skinner Trustee 1
Director
$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
2025 $10,745,771 $7,856,377 $25,192,807 $2,889,394
2024 $8,268,500 $7,951,872 $22,231,577 $316,628
2023 $8,156,198 $7,352,834 $20,719,629 $803,364
2022 $7,612,328 $6,573,428 $19,780,066 $1,038,900
2021 $8,607,369 $5,714,541 $19,288,570 $2,892,828
2020 $7,395,307 $5,574,874 $15,936,275 $1,820,433
2019 $7,801,421 $5,853,693 $14,121,407 $1,947,728
2018 $8,387,659 $5,709,616 $12,589,877 $2,678,043
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CITY MISSION OF SCHENECTADY with other nonprofits in New York and across the country.