NEW YORK STATE LOCAL GOVERNMENT SERVICES CORPORATION

EIN: 223024750 501(c)(3)

ALBANY, NY

Total Revenue
N/A
Total Expenses
$252,250
Total Assets
$2,522,500
Net Assets
$2,522,500
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
GERRY GEIST
Phone
5184657933
Tax Period
2020-01-01 to 2020-12-31

Mission

THE CORPORATION IS ORGANIZED FOR THE FOLLOWING PURPOSES: TO SELL AND/OR LEASE PERSONAL AND/OR REAL PROPERTY TO MUNICIPALITIES IN ORDER TO ASSIST IN THE PROVISION OF SUCH PROPERTY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,250
Other Expenses $252,250
TOTAL EXPENSES $252,250

Year-over-Year Comparison

2020 2019 Change
Revenue N/A N/A N/A
Expenses $252,250 $252,250 N/A
Net Income N/A $-252,250 N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERRY GEIST PRESIDENT 1.00
Officer Director
$0 $0 $0
LORI MITHEN-DEMASI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KATHLEEN HODGDON SECRETARY/TREASURER 1.00
Officer 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
2020 No data $252,250 $2,522,500 No data
2020 $-2,522,500 $252,250 No data $-2,774,750
2019 No data $252,250 $2,774,750 No data
2018 No data $252,382 $3,027,000 No data
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