GATEWAY COMMUNITY INDUSTRIES INC D/B/A GATEWAY HUDSON VALLEY

EIN: 141458757 501(c)(3) Human Services

KINGSTON, NY

Total Revenue
$14,714,678
Total Expenses
$14,912,369
Total Assets
$7,841,106
Net Assets
$4,050,001
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NY
Principal Officer
STEPHANIE TURCO
Phone
8453311261
Tax Period
2024-01-01 to 2024-12-31

GATEWAY COMMUNITY INDUSTRIES INC D/B/A GATEWAY HUDSON VALLEY, founded in 1957, is a mid-sized nonprofit in the Human Services sector that reported $14.7M in total revenue in fiscal year 2024.

Mission

TO PROVIDE SERVICES TO DISABLED INDIVIDUALS.

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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 $27,000
Program Service Revenue $14,640,788
Investment Income $30,317
Other Revenue $16,573
TOTAL REVENUE $14,714,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,170,479
Fundraising Expenses $0
Program Expenses $13,623,573
Other Expenses $6,741,890
TOTAL EXPENSES $14,912,369

Year-over-Year Comparison

2024 2023 Change
Revenue $14,714,678 $14,349,330 +0.0%
Expenses $14,912,369 $14,522,891 +0.0%
Net Income $-197,691 $-173,561 +0.1%
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
218
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
8
$367,092
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELENA COSTAKIS BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN GINTY BOARD MEMBER (FOUNDATION 1.00
Director
$0 $0 $0
SARA RABBINO BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE DINARDO BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER SMAILER IMMEDIATE PAST CHAIR 1.00
Officer
$0 $0 $0
CHARLES CULLEN CHAIRMAN 1.00
Officer
$0 $0 $0
GREGG PAULK FIRST VICE CHAIR 1.00
Officer
$0 $0 $0
ASHIMA BUTLER SECOND VICE CHAIR 1.00
Officer
$0 $0 $0
JOSEPH HALLY TREASURER 1.00
Officer
$0 $0 $0
MICHAEL SHAUGHNESSY SECRETARY 1.00
Officer
$0 $0 $0
STEPHANIE TURCO PRESIDENT & CEO 40.00
Officer
$189,248 $13,113 $202,361
BRIAN SCHNEIDER EXECUTIVE VP & CFO 40.00
Officer
$155,935 $8,796 $164,731
BRANDEN GIBSON VICE PRESIDENT - RESIDENTIAL 40.00
Highest
$106,450 $3,540 $109,990
MARK SCOTT RESIDENTIAL MANAGER 40.00
Highest
$104,808 $3,489 $108,297
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 $14,714,678 $14,912,369 $7,841,106 $-197,691
2023 $14,349,330 $14,522,891 $7,453,816 $-173,561
2022 $13,822,845 $13,619,666 $8,136,483 $203,179
2021 $12,573,737 $11,661,143 $7,917,094 $912,594
2020 $11,638,400 $11,984,513 $7,747,085 $-346,113
2019 $12,279,169 $12,228,454 $7,205,593 $50,715
2018 $12,595,921 $12,332,606 $6,910,775 $263,315
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