GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC

GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC

Buffalo, NY, US
501(c)3
EIN
16-1562738

GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC

Buffalo, NY, US
501(c)3
EIN
16-1562738

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,601,298

Contributions
62%
Government Grants
36%
Other
1%
Investments
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$2,397,880

Salaries & Benefits
57%
Other
26%
Depreciation
7%
Offices, Occupancy & IT
6%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,491,089
$1,618,190
+9%
Government Grants
$534,282
$928,060
+74%
Fundraising Events
$0
$0
-
Program Services
$34,197
$7,331
-79%
Membership Dues
$0
$0
-
Investments
$3,784
$9,976
+164%
Other
$7,178
$37,741
+426%
Total Revenues
$2,070,530
$2,601,298
+26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,261,199
$1,370,664
+9%
Fees to Service Providers
$9,204
$20,867
+127%
Advertising & Promotion
$35,406
$56,446
+59%
Offices, Occupancy & IT
$208,334
$150,995
-28%
Interest
$190
$0
-100%
Depreciation
$160,348
$167,933
+5%
Other
$296,304
$630,975
+113%
Total Expenses
$1,970,985
$2,397,880
+22%
Net income
2023
2024
Change
Net income
+$99,545
+$203,418
+104%
Functional Expenses
Summary
2023
2024
Change
Program
$1,904,031
$2,328,430
+22%
Admin
$66,954
$69,450
+4%
Fundraising
$0
$0
-
Total Expenses
$1,970,985
$2,397,880
+22%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)