Long Island Housing Services Inc
- Assets
- $1.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 34
- Location
- Bohemia, NY
- Founding
- 04/1978
- Data as of
- 06/2022
- EIN
- 11-2494324
Organization Overview
Long Island Housing Services Inc is located in Bohemia, NY. The organization was established in 1978. As of 06/2022, Long Island Housing Services Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Housing Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Long Island Housing Services Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ELIMINATION OF UNLAWFUL HOUSING DISCRIMINATION AND PROMOTION OF DECENT AND AFFORDABLE HOUSING THROUGH ADVOCACY AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE EXPENSES WERE FOR FAIR HOUSING ENFORCEMENT, FAIR HOUSING CAPACITY BUILDING AND FORECLOSURE PREVENTION. EXPENSES WERE LARGELY TO COVER STAFF SALARIES AND FRINGE BENEFITS. EACH OF THESE INCLUDES SIGNIFICANT OUTREACH EFFORTS. PROGRAMS AND FUNDING ALLOW FOR AGENCEY STABILITY AND GROWTH, STAFF RETENTION, GROWTH OF SKILL SETS TO FACILITATE ENFORCEMENT EFFORTS, DEVELOP AND ENHANCE STAFF FAIR HOUSING EXPERTISE; AND OUTREACH INITIATIVES TO HELP EDUCATE THE PUBLIC AS TO RIGHTS AND RESOURCES AND PROVIDE SERVICES TO MAINTAIN AND STABILIZE HOMEOWNERSHIP AND IDENTIFY USEFUL COMMUNITY RESOURCES. FORCLOSURE PREVENTION MEANS ACHIEVING SUCCESSFUL LOAN MODIFICATIONS OR PRINCIPAL FORGIVENESS, HOME AFFORDABILITY ACCORDING TO VERIFIED INCOMES AND HELPING AFFECTED OWNERS IDENTIFY JOBS OR INCOME SUPPLEMENTATION. OUR COUNSELING AND SUCCESSFUL INTERVENTIONS TO PREVENT FORECLOSURE HAVE LED TO APPROXIMATELY 45% OF CASES NOW WITH AFFORDABLE LOANS. FAIR HOUSING ENFORCEMENT FURTHERS OUR MISSION TO DETER, REDUCE AND ELIMINATE DISCRIMINATION. ANY RELATED DAMAGE AWARDS ARE RESULTS OF (TOO OFTEN) MANY YEARS OF PROTRACTED LITIGATION THROUGH GOVERNMENT AND JUDICIAL MEANS TO CHALLENGE DISCRIMINATION. USE OF THE DAMAGE AWARDS IS CONTINGENT UPON GRANTING SOURCE (HUD'S) APPROVAL. POSITIVE CONCLUSION TO LITIGATION WILL RESULT IN INCREASED COMPLIANCE WITH AND AWARENESS OR FAIR HOUSING LAWS, AND IN MANY CASES RESULTS IN GREATER ACCESSIBILITY FOR PEOPLE WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Lassandro President | Officer | 5 | $0 |
Stephanie Baldwin Vice Preside | Officer | 5 | $0 |
Jennifer Martin Secretary | Officer | 5 | $0 |
Michael Wigutow Treasurer | Officer | 5 | $0 |
Rose Cicchetti Director | Trustee | 5 | $0 |
Tawanda Harris Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,174,498 |
| All other contributions, gifts, grants, and similar amounts not included above | $410,227 |
| Noncash contributions included in lines 1a–1f | $69,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,584,725 |
| Total Program Service Revenue | $0 |
| Investment income | $316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,713,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,696 |
| Compensation of current officers, directors, key employees. | $52,513 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $880,675 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $145,122 |
| Payroll taxes | $74,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,200 |
| Fees for services: Accounting | $10,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $42,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,861 |
| Travel | $8,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,022 |
| Insurance | $17,152 |
| All other expenses | $4,097 |
| Total functional expenses | $1,552,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $734,215 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $679,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,352 |
| Net Land, buildings, and equipment | $18,748 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,797 |
| Total assets | $1,462,016 |
| Accounts payable and accrued expenses | $100,941 |
| Grants payable | $0 |
| Deferred revenue | $243,557 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $344,498 |
| Net assets without donor restrictions | $1,117,518 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,462,016 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Long Island Housing Services Inc has recieved totaling $422,868.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: ACQUISITION AND REHAB OF AFFORDABLE HOUSING | $416,666 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,087 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Initiatives Development Corporation Bronx, NY | $1,698,508 | $2,435,053 |
Long Island Housing Services Inc Bohemia, NY | $1,462,016 | $1,713,068 |
Affordable Housing Partnership Of The Capital Region Inc Albany, NY | $779,138 | $826,139 |
Fair Housing Council Of Northern New Jersey Hackensack, NJ | $257,304 | $640,165 |
Massachusetts Fair Housing Center Inc Holyoke, MA | $415,286 | $586,131 |
Community House At St Thomas Corporation Perth Amboy, NJ | $235,118 | $0 |
Bridge East 5 Corporation New York, NY | $1,760,497 | $69,793 |