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COMMUNITY POTENTIAL INC

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Tax-exempt status may be revoked

COMMUNITY POTENTIAL INC

EIN 04-3664898 · Housing Development, Construction & Management (L20)

What they do

COMMUNITY POTENTIALS MISSION is to INCREASE THE NUMBER of AVAILABLE HOUSING UNITS IN BINGHAMTON and BROOME COUNTY THROUGH THE CONSTRUCTION of NEW LOW-INCOME HOUSING, and to IMPROVE and RENOVATE SUB-STANDARD PROPERTIES. THE CORPORATION WILL ALSO ASSIST LOW and MODERATE-INCOME FAMILIES IN SEARCHING for and FINANCING SINGLE-FAMILY HOUSING THROUGH WORKSHOPS and COUNSELING AS WELL AS ASSISTANCE IN BORROWING FUNDS. IN ADDITION, PROVIDE PROGRAMS, PROJECTS, and WORKSHOPS for EMPLOYMENT TRAINING IN BASIC JOB SKILL for TEENAGED YOUTH and LOW and MODERATE INCOME FAMILIES and PERSONS and to ASSIST and CARRY OUT LOW and MODERATE INCOME HOUSING PROGRAMS BY SEEKING GRANTS, IMPROVING PROPERTIES for LOW INCOME HOUSING USE, and IMPROVING SERVICES SUCH AS GROCERY STORES, HEALTH CARE ACCESS IN LOW INCOME HOUSING COMMUNITIES and PROVIDE SERVICES to ADULT CARE FACILITIES SUCH AS GROCERY DELIVERY, HOME HEALTH AIDES, and RECREATIONAL PROGRAMS.

Money

Financial picture

Tax year 2024
Revenue$381,711
Expenses$181,099
Assets$1,624,854
Income$381,711
Contributions$251,942
Management$1,795
Accounting fees$1,795

About this charity

Recognized since
January 2023
Location
35 EXCHANGE STREET, BINGHAMTON, NY 13901
County
Broome
In care of
JEAN WESTCOTT
Primary officer
JEAN WESTCOTT, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
DAVIDSON FOX & COMPANY LLP
NTEE classification
Housing Development, Construction & Management (L20)
IRS tax category
Housing Development, Construction & Management
Revocation date
November 15, 2014
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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