Statement of Financial Position
June 30, 2010 (with comparative amounts at June 30, 2009)
Statement of Activities
Year Ended June 30, 2010
Assets 2010 Cash and cash equivalents $ 163,072 Grants and contracts receivable, net 1,913,437 Third party insurance fees receivable, net $ 95,120 Pledges receivable $ 137,100 Other receivable $ 33,073 Prepaid expenses $ 27,538 Investments $ 103,668 Property and equipment, net $ 6,411,618 Investments, restricted $ 1,109,819 $ 9,994,445 Liabilities and Net Assets Liabilities Accounts payable and accrued expenses $ 461,363 Due to government agencies $ 703,026 Accrued payroll and related expenses $ 189,227 Contract advances $ 586,587 Line of credit payable $ 899,348 Total Liabilities $ 2,839,551 Net Assets Unrestricted $ 5,915,075 Temporarily restricted $ 130,000 Permanently restricted $ 1,109,819 Net Liabilities $ 7,154,894 Total Liabilities and Net Assets $ 9,994,445 Support and Revenue
2010
Grants and contracts
$
4,919,695
Third party insurance fees
$
1,197,816
Program and registration fees
$
98,556
Contributions
$
764,014
Bequests
$
1,386,789
Foundation awards
$
569,845
Contributed rent
$
402,639
Special events, net
$
71,049
Realized and unrealized loss on investment
$
(2,745)
Interest and dividend income
$
4,822
Rental income
$
118,713
Other income
$
120,518
Total Support and Revenue
$
9,651,711
Expenses Early childhood, youth and education service
$
4,017,052
Mental health and social services
$
1,351,599
Senior services
$
1,436,575
Culture and arts
$
263,246
Housing and advocacy services
$
30,255
Management and general
$
1,330,727
Development and fundraising
$
255,315
$
8,684,769
Total Expenses
Change in Net Assets
$
966,942
Net Assets For a complete audited financial statement contact the Office of External Relations at (212) 760-9812.
Beginning of year
$
6,187,952
End of year
$
7,154,894
$ $ $ $ $ $ $ $ $ $
2009 44,791 1,109,263 265,589 0 20,353 0 0 6,796,239 470,099 8,706,334
Hudson Guild is pleased to recognize the philanthropic contributions of individuals, foundations, corporations, and government agencies who have helped make our work possible in 2010. $100,00 and Above Anonymous The Clark Foundation Collegiate Church Corporation Emily Meschter New York Life Foundation
$50,000 to $99,999 $ $ $ $ $ $
838,584 635,864 419,913 501,209 122,812 2,518,382
$ $ $
5,013,133 65,000 1,109,819
$
6,187,952
$
8,706,334
Robin and Arthur Aufses Paul F. Balser Deborah and Alvin Benjamin Booth Ferris Foundation The Wayans Family
$25,000 to $49,999 Anonymous The Frances L. and Edwin L. Cummings Memorial Fund Katie Cusack Jeffrey R. Gural The Heckscher Foundation for Children J.C. Kellogg Foundation, Inc. John H. and Ethel G. Noble Charitable Trust Isaac H. Tuttle Fund United Neighborhood Houses
$10,000 to $24,999 Louis and Anne Abrons Foundation, Inc. Anonymous The Rose M. Badgeley Charitable Trust The Barker Welfare Foundation Steven Bunson The DJ McManus Foundation Google Peter Kellogg Henry E. Niles Foundation, Inc. Edwin Nordlinger Vincent and Karin Perro Scott and Casey Segal The Seth Sprague Educational and Charitable Foundation Studio One Mary I. Swartz The Travelers Foundation The Washington Square Fund
$5,000 to $9,999 Rob and Denise Adler The Theodore H. Barth Foundation, Inc. Benjamin Family Fund Lee Buckley Consolidated Edison Company of New York Scott and Susan Davidson
Kenneth King Ethel Klein Anna Koleva Jeffery A. Kolsrud Joseph A. Lafferty John J. Langsdorf Sidney Lapidus Anna Hayes Levin Andrew and Pat Lohr Stuart Low Robert Low $1,000 to $4,999 Lower Manhattan Cultural Joseph Albers Council Rajesh Ankalkoti Walter McCormack Arthur Aufses Jr. Metzger-Price Fund, Inc. Milton and Sally Avery Arts Miller Strategies Inc. Foundation., Inc Russell A. Mohr Bruce Baughman Mutual Redevelopment Marc J. Beshar, D.M.D. Houses, Inc. The Mary Duke Biddle Foundation Alice O’Connor William Boyd Frederic Oltarsh Steven B. Carlin and Donna Panton Michael B. Cormier Purcell and Ingrao, P.C. Kyle H. Chaikin R and B Drywall Corp Chelsea Midtown Democrats Andrea Remez Chelsea Reform Democratic Club Gerard and Beth Romski Neil Clark Alan Rosengarten Linda A. Cohen Richard Salomon John Lee Compton and Thomas Schuler Lynn Toby Fisher Arah Schuur Faye K. Cone Martin Schwab Stephen Cone Melvyn L. Shaffir Kenneth Coyle Jr. William H. Sherer Kenneth Coyle Sr. Martha S. Sproule Anne Delaney The Stuart Foundation, Inc. Stephen M. Dowicz David S. Terrio EmblemHealth Services, LLC Glen and Lynn Tobias Cristina Enriquez-Bocobo Total Restoration, Inc. Renee Epple The Treiber Family Foundation Leonard Formato Bronson Van Wyck Arthur J. Gallagher and Co. Felipe Omar Ventegeat The Malcolm Gibbs Wachovia Foundation Foundation, Inc. Werner Plumbing and Anthony and Susan Gilroy Heating Inc. The Glickenhaus Foundation Wolf Kahn and Emily Mason GMRI, Inc. Foundation Paul Groncki Stacey M. Hadash $100 to $999 Edward Helbing Another Pest Control Corp. Felix and Sandy Barker Hernandez Gertrude Appling Emy and Emil Herzfeld Andrew D. and Elyce Arons Foundation, Inc. Sandy Asherman IBM Mary Bambury Innisfree M and A Inc. The Bandier Family Foundation Paul D. Kaplan Marion D. Banzhaf and Eve Rosahn Daniel Katz Michael and Susan Barr Steven Kellner Nan Bases Louise Kelly Muriel L. Beach Thomas L. Kempner Jr.
David and Ingrid Ellen IAC Virginia and Leonard Marx Foundation The McDonnell Foundation, Inc. Laura and Gautam Ranji Susan Schuur Jolie Stahl Joan and Sanford I. Weill Medical College at Cornell
Linda Beeler Edward T. Belardo Drummond Bell Peter H. Benson and Mary Beth Griffith Heidi Benzinger Jeremy A. Berman Robert J. Berson Robert D. Blashek III Maria V. Blatt Carl A. Blim Marc Paul Blum Chris and Sarah Blundin James Boelter Harry Bohrer Jean-Pierre Boudrias Jean Bourque Gabriel and Katie Boyar Peter Brotherton Brian S. Browdie and Karen E. Loew Brett Bucci Robert Budakian Adina and Lawrence Burian James and Debbie Burrows Sandi Burrows Hon. Jose Cabranes Anthony Cannataro John Carlson Todd Carlson Celeste Carlucci and Jeffrey Klitz Carla Carpenter Roger Carpenter Maria Castricone The Center for Student Missions Claire Cerni Kenneth Chase Steve Cheng Reid Ching Malcolm Chong Remi Christ The Claims Company Philip Cohen Jeffrey Cohen and Shari Brasner Coordinating Council of Cooperatives Melanie Coronetz and Bruce Miller Wilbur Cowett Peter D’Eustachio and Adina Schwartz Onda D’Urso John Dalton Joshua David Elizabeth L. Davis Anke Dening Jane Dissin Adam Dolgins and Jana Hollingshead