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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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.

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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 $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
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Financial Health Indicators

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

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Liquidity & Cash Position

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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
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