NEWBURGH ARMORY UNITY CENTER INC

EIN: 274649035 501(c)(3) Recreation & Sports

NEWBURGH, NY

Total Revenue
$1,994,721
Total Expenses
$1,995,700
Total Assets
$3,298,291
Net Assets
$3,087,858
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
WILBUR HIGGINS
Phone
8452454035
Tax Period
2023-01-01 to 2023-12-31

NEWBURGH ARMORY UNITY CENTER INC, founded in 2011, is a community nonprofit in the Recreation & Sports sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

NEWBURGH ARMORY UNITY CENTER (NAUC) WAS FORMED TO MANAGE THE NEWBURGH ARMORY AND TO CREATE COLLABORATIVE RELATIONSHIPS AMONG NOT-FOR-PROFIT ORGANIZATIONS TO COLLECTIVELY INCREASE CAPACITY FOR PROGRAMMING AIMED PRIMARILY AT INNER CITY YOUTH AND FAMILIES. PROGRAMS AT THE NAUC FOCUS ON ATHLETICS, EDUCATION, AND THE ADVANCEMENT OF BUSINESS FOR THE BENEFIT OF THE PEOPLE OF THE CITY OF NEWBURGH AND STUDENTS OF THE NEWBURGH ENLARGED CITY SCHOOL DISTRICT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,457,675
Program Service Revenue $460,497
Investment Income $0
Other Revenue $76,549
TOTAL REVENUE $1,994,721

Expense Breakdown

Grants Paid $11,262
Salaries & Benefits $921,218
Fundraising Expenses $26,340
Program Expenses $1,621,501
Other Expenses $1,063,220
TOTAL EXPENSES $1,995,700

Year-over-Year Comparison

2023 2022 Change
Revenue $1,994,721 $1,164,830 +0.7%
Expenses $1,995,700 $1,777,515 +0.1%
Net Income $-979 $-612,685 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
17
Employees
138
Volunteers
800

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
$125,411
Total Directors
19
$31,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM KAPLAN CHAIRMAN 30.00
Officer Director
$0 $0 $0
WILBUR HIGGINS VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
MARTIN MILANO TREASURER 1.50
Officer Director
$0 $0 $0
JOAN KAPLAN SECRETARY 1.50
Officer Director
$0 $0 $0
THOMAS D WEDDELL CPA INCOMING CHAIRMAN 10.00
Director
$0 $0 $0
JASON ADSIT BOARD MEMBER 1.50
Director
$0 $0 $0
VALERIE BRYANT BOARD MEMBER 1.50
Director
$0 $0 $0
RONALD COLAVITO BOARD MEMBER 1.50
Director
$0 $0 $0
GABRIELLE HILL BOARD MEMBER THRU 01/2023 4.50
Director
$0 $0 $0
PHILIP HOWARD BOARD MEMBER 1.50
Director
$0 $0 $0
ANDREW KOMONCHAK BOARD MEMBER 1.50
Director
$0 $0 $0
PATRICIA LARKIN BOARD MEMBER 1.50
Director
$0 $0 $0
REV NELSON MCALLISTER BOARD MEMBER 1.50
Director
$0 $0 $0
STEVEN NEUHAUS BOARD MEMBER 1.50
Director
$0 $0 $0
JAMES O'DONNELL BOARD MEMBER 1.50
Director
$0 $0 $0
MARCO ORTEGA BOARD MEMBER 10.00
Director
$0 $0 $0
JAMES RAIMOS BOARD MEMBER 1.50
Director
$0 $0 $0
HAROLD RAYFORD BOARD MEMBER 21.50
Director
$31,200 $0 $31,200
RUSSELL VERNON BOARD MEMBER 1.50
Director
$0 $0 $0
NANCY PROYECT EXECUTIVE DIRECTOR 50.00
Officer
$105,000 $20,411 $125,411
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 $1,995,274 $2,013,537 $3,281,007 $-18,263
2023 $1,994,721 $1,995,700 $3,298,291 $-979
2022 $1,164,830 $1,777,515 $3,198,992 $-612,685
2021 $1,313,627 $1,141,903 $3,687,998 $171,724
2021 $1,398,765 $1,147,755 $3,769,483 $251,010
2020 $799,082 $600,212 $3,821,271 $198,870
2020 $803,987 $938,068 $3,483,999 $-134,081
2019 $1,479,809 $1,182,421 $3,748,176 $297,388
2019 $1,232,678 $1,205,561 $3,485,591 $27,117
2018 $1,412,044 $1,349,398 $4,229,271 $62,646
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