BETTER COMMUNITY NEIGHBORHOODS INC

SCHENECTADY, NY, 12308-3104 (518) 372-6469 Est. 1966 EIN 14-1504550

L20Z— Housing & Shelter Form 990 501(c)(3)

Mission

THROUGH LOCAL KNOWLEDGE, EXPERTISE AND PARTNERSHIPS, DEVELOP AND DELIVER RESOURCES TO CREATE OPPORTUNITY FOR PRESENT AND FUTURE NEIGHBORHOOD RESIDENTS THROUGH QUALITY, AFFORDABLE HOUSING ACTIVITIES.

Financials

Total Revenue

$2,397,469

Total Expenses

$2,386,331

Net Assets

$750,970

13 employees 17 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

3.8 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 28.2%

Expenses ↓ 30.7%

Revenue Sources

Contributions 83.8% Earned revenue 16.0%

Expense Breakdown

Program 88.1% Management 11.9%

Officers & Key Employees (19)

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Grants Received (35)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$2,397,469 ↓	$2,386,331	$750,970
2022 Form 990	$3,338,045 ↑	$3,444,351	$739,832
2021 Form 990	$2,394,843 ↑	$2,375,101	$846,138
2020 Form 990	$2,270,337 ↑	$2,432,262	$826,396
2018 Form 990	$1,396,936	$1,474,891	$-11,095