GATEWAY COMMUNITY DEVELOPMENT CORP

GATEWAY COMMUNITY DEVELOPMENT CORP

Henderson, NC, US
501(c)3
EIN
56-1597343

GATEWAY COMMUNITY DEVELOPMENT CORP

Henderson, NC, US
501(c)3
EIN
56-1597343

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$614,450

Contributions
88%
Other
12%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$260,962

Salaries & Benefits
45%
Other
27%
Offices, Occupancy & IT
16%
Fees to Service Providers
11%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$145,000
$542,538
+274%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$71,912
-
Total Revenues
$145,000
$614,450
+324%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$45,575
$116,404
+155%
Fees to Service Providers
$16,435
$28,748
+75%
Advertising & Promotion
$2,270
$3,517
+55%
Offices, Occupancy & IT
$31,132
$42,941
+38%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$88,125
$69,352
-21%
Total Expenses
$183,537
$260,962
+42%
Net income
2023
2024
Change
Net income
-$38,537
+$353,488
-1017%
Functional Expenses
Summary
2023
2024
Change
Program
-
$90,448
-
Admin
-
$170,514
-
Fundraising
-
$0
-
Total Expenses
$183,537
$260,962
+42%
Income Statement
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