Community Orginzation Of Southern Brooklyn Inc
- Assets
- $56.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 8
- Location
- Brooklyn, NY
- Founding
- 05/1997
- Data as of
- 06/2021
- EIN
- 11-3317929
Organization Overview
Community Orginzation Of Southern Brooklyn Inc is located in Brooklyn, NY. The organization was established in 1997. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Community Orginzation Of Southern Brooklyn Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Orginzation Of Southern Brooklyn 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 06/2021, Community Orginzation Of Southern Brooklyn Inc generated $198.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $199.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES TO THE COMMUNITY WITH REGARD TO FORECLOSURE PREVENTION, MORTGAGE COUNSELING AND OTHER HOUSING NEEDS.
Describe the Organization's Program Activity:
Part 3
MORTGAGE COUNSELING, FORECLOSURE COUNSELING AND RELATED HOUSING COUNSELING SERVICES
HOUSING PRESERVATION AND DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Menachem Shayovich President | 3 | $0 | |
David Singer Secretary/tr | 3 | $0 | |
Reuven Kaufman Board Member | 1 | $0 | |
Howard Zelczer Board Member | 1 | $0 | |
Sol Chaimowitz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,344 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,459 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $182,512 |
| Professional fees and other payments to independent contractors | $9,600 |
| Occupancy, rent, utilities, and maintenance | $5,700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,371 |
| Total expenses | $199,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,796 |
| Other assets | $0 |
| Total assets | $56,655 |
| Total liabilities | $20,855 |
| Net assets or fund balances | $35,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Orginzation Of Southern Brooklyn Inc has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
Borough Park Housing Corporation Brooklyn, NY PURPOSE: HOUSING ASSISTANCE | $85,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
Phipps Houses New York, NY | $754,776,508 | $88,001,578 |