GALLUPVILLE HOUSE ASSOCIATION

EIN: 352766663 501(c)(3) Education

Gallupville, NY

Total Revenue
$266,846
Total Expenses
$8,625
Total Assets
$278,411
Net Assets
$278,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NY
Principal Officer
Scott Hadam
Phone
5184410118
Tax Period
2023-01-01 to 2023-12-31

GALLUPVILLE HOUSE ASSOCIATION, founded in 2022, is a small nonprofit in the Education sector that reported $267K in total revenue in fiscal year 2023. Revenue surged 2937% from the prior year, signaling strong growth momentum. The organization ran a surplus of $258K, a strong 97% operating margin.

Mission

The Gallupville House Association is a group of community members who are passionate about building community and promoting culture, art, and history. Formally, the Association was chartered to preserve, maintain, and promote The Gallupville House building and is a non-stock corporation, granted status on July 29, 1977 by the Board of Regents of New York State. Our members are passionate about community building and preserving this historic treasure. The Gallupville House Association's main goals are: Preserve and maintain the Gallupville House; Provide community and cultural events; and Promote and preserve the history of NYS, especially the Town of Wright.

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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 $266,802
Program Service Revenue $411
Investment Income $35
Other Revenue $-402
TOTAL REVENUE $266,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,100
Other Expenses $8,625
TOTAL EXPENSES $8,625

Year-over-Year Comparison

2023 2022 Change
Revenue $266,846 $8,787 +29.4%
Expenses $8,625 $9,783 -0.1%
Net Income $258,221 $-996 -260.3%
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
8
Independent Members
8
Employees
N/A
Volunteers
25

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Hadam President 5
Officer Director
$0 $0 $0
Jean Burton Treasurer 5
Officer Director
$0 $0 $0
Nan Stolzenburg Vice President 5
Officer Director
$0 $0 $0
Heidi Florussen Assistant Treasurer 5
Officer Director
$0 $0 $0
Ethan VanAllen Secretary 5
Officer Director
$0 $0 $0
Ruth Tobiasan Trustee 5
Director
$0 $0 $0
Sandy Wells Trustee 5
Director
$0 $0 $0
Trudy Boulia Trustee 5
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
2023 $266,846 $8,625 $278,411 $258,221
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