Public Charity

SPRC INC

SPRC INC is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2024 filing: $3.1M revenue, $3.0M expenses, $4.1M total assets.

EIN: 237165901 BROOKLYN, NY Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$3.0M
Total Assets$4.1M
Grant Records0
Filing Years2019–2024

Mission

SUNSET PARK REDEVELOPMENT COMMITTEE ASSISTS WITH THE REDEVELOPMENT, RENEWAL, AND IMPROVEMENT OF SUNSET PARK AND OTHER AREAS OF KINGS COUNTY, ALL TO COMBAT COMMUNITY DETERIORATION AND TO SECURE ADEQUATE HOUSING AND CONDITIONS.

Where $100 goes at Sprc Inc

How Sprc Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$75
Weatherization
84% of program spending
$15
Low-income housing
16% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIRPERSON Aldo Iemma
PRESIDENT/EXECUTIVE DIRECT Gary Brown
TREASURER Glenn Sorenson
DIRECTOR Gloria Rodriguez
FISCAL DIRECTOR John Distasio Iii
DIRECTOR Robert Molinari

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $3.0M $4.1M
2023 $4.2M $4.0M $4.1M
2022 $4.8M $5.6M $3.9M
2020 $4.0M $3.5M $4.1M
2019 $3.3M $3.4M $2.6M

Between 2019 and 2024, reported annual revenue declined from $3.3M to $3.1M (-7%), with total assets most recently reported at $4.1M.

Interactive year-over-year charts and full filing details available with membership.

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