Urban Homesteading Assistance U-Hab, operating under the name Urban Homesteading Assistance Board (uhab) Inc, is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Urban Homesteading Assistance Board (uhab) Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Homesteading Assistance Board (uhab) 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, Urban Homesteading Assistance Board (uhab) Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 0.5% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING:THE TRAINING DEPARTMENT CONTINUED OFFERING CLASSES TO HDFCS THROUGH OUR HPD CONTRACT. THE TOTAL TAUGHT IN FY 22 WAS 141. WE ADDED TOPICS ON ENERGY EFFICIENCY: COMMUNICATING WITH YOUR BOARD ABOUT ENERGY PROJECTS, ENVIRONMENTAL JUSTICE IN NYC, HDFCS AND THE HOUSING MOVEMENT, HELP THE SECRETARY TAKE MINUTES, CAN YOUR CO-OP GO SMOKE FREE?, PPP WORKSHOP, AND RENT + MORTGAGE CANCELLATION ACT 2020.WE ALSO BEGAN TRAINING 1X MONTHLY TO THE FOLLOWING TENANTS IN CONVERSION: 135 W132, 204 AVE A, 55 CARLTON + 550 DEKALB, 2 BUILDINGS SPONSORED BY MANHATTAN VALLEY DEVELOPMENT CORP (133 W113 + 1880-7TH AVE), 601 W148, 993 UNION, 774 UNION, 1042 LONGFELLOW.WE PRESENTED AT THE ANNUAL CONFERENCE OF NY CONDO'S AND CO-OPS IN NOVEMBER 2020. WE CONTINUED OUR TECHNICAL ASSISTANCE IN FY 22 TO SEVERAL AFFORDABLE CO-OPS IN CT: ST. PAUL'S FLAX HILLS IN SOUTH NORWALK (86 DUS) AND SEABURY IN NEW HAVEN (88 DUS). IN 2022 UHAB HOUSING DEVELOPMENT CORPORATION (UHAB HDFC) HAS SERVED INTERIM OWNERS OF 350 UNITS TO BE CONVERTED TO AFFORDABLE HDFC'S FOR LOW TO MODERATE INCOME RESIDENTS IN THE NEAR FUTURE.
ORGANIZING AND POLICY:SINCE 1998 UHAB ORGANIZERS HAVE REACHED OUT TO AND ENGAGED THOUSANDS OF TENANTS IN OVER 700 BUILDINGS ACROSS NEW YORK CITY. SINCE 2018 THE DEPARTMENT HAS FOCUSED ON ORGANIZING TENANT ASSOCIATIONS IN EAST BROOKLYN (BROWNSVILLE, EAST FLATBUSH AND EAST NEW YORK) IN PARTNERSHIP WITH BROOKLYN LEGAL SERVICES, AND WE LAUNCHED A TENANT-LED NEIGHBORHOOD GROUP CALLED HOPE (HOUSING ORGANIZERS FOR PEOPLE EMPOWERMENT) IN NOVEMBER 2019. AS PART OF THE CITYWIDE STABILIZING NYC INITIATIVE, WE ORGANIZE IN BUILDINGS OWNED BY PREDATORY EQUITY LANDLORDS AND COLLABORATE WITH OTHER HOUSING ORGANIZING GROUPS IN BROOKLYN TO DEVELOP BOROUGH-WIDE CAMPAIGNS.IN FY 2022, WE CONTINUED TO ORGANIZE SEVERAL BUILDINGS OWNED BY JASON KORN, ONE OF WHICH INITIATED A RENT STRIKE AT THE BEGINNING OF THE COVID-19 PANDEMIC IN ORDER TO DEMAND RENT FORGIVENESS AND REPAIRS. WE ALSO PARTICIPATED IN SEVERAL COALITIONS, INCLUDING STABILIZING NYC, HOUSING JUSTICE FOR ALL AND THE BROWNSVILLE GREEN JUSTICE COALITION. WE ALSO CONTINUED OUR WORK UNDER A CONTRACT WITH BROOKLYN LEGAL SERVICES TO CONNECT TENANTS IN EAST BROOKLYN TO RESOURCES THAT WOULD HELP THEM SECURE THEIR RIGHTS, FIGHT UNLIVABLE CONDITIONS IN THEIR BUILDINGS, AND PREVENT UNLAWFUL EVICTIONS DURING THE PANDEMIC.
MEMBER SERVICES:MEMBER SERVICES PROVIDES TOOLS AND SUPPORT THAT DIRECTLY SAVE MONEY FOR HOUSING DEVELOPMENT FUND CORPORATIONS (HDFC) CO-OPERATIVES IN ORDER TO SUSTAIN THE COMMUNITY OF HDFC MEMBERS AND FAMILIES. HDFCS ARE OPERATED AND MANAGED BY THEIR RESIDENTS. HDFCS ARE UNIQUE AMONG TYPES OF AFFORDABLE HOUSING HOMEOWNERSHIP BUT ALSO AMONG CO-OPS, SERVING LOW-INCOME FAMILIES, REMAINING AFFORDABLE FOR FUTURE GENERATIONS, AND ALLOWING INDIVIDUALS TO AGE IN PLACE. FLIP INSURANCE: THE 36TH ANNUAL FLIP RENEWAL HAS CONCLUDED WITH 526 CO-OPS IN 585 LOCATIONS (TOTALING 9,492 UNITS WITH TIV $1,978,076,848.00). CO-OP ACCOUNTING: OUR BOOKKEEPING SERVICES PROVIDES REGULAR MONTHLY SERVICES TO CLIENTS TO ASSIST BUILDINGS WITH THEIR FINANCIAL TRACKING. OUR TEAM CONTINUES TO PROVIDE TRAINING ON FINANCIAL FILING REQUIREMENTS, AUDITED FINANCIAL STATEMENTS, BASIC AND ADVANCED ACCOUNTING TOPICS, AND PAYROLL. THE FINANCIAL CHALLENGES OF THE PANDEMIC TIMES BROUGHT ADDITIONAL FINANCIAL BURDEN TO THE HDFC COMMUNITY, AND UHAB'S CO-OP ACCOUNTING DELIVERED TECHNICAL ASSISTANCE TO BOARDS AND SHAREHOLDERS BEYOND THE REGULAR FINANCIAL SERVICES OFFERED. WHETHER PROVIDING INFORMATION ABOUT ACCESSING THE FEDERAL PPP LOAN PROGRAM, RENT RELIEF PROGRAMS FOR TENANTS WHO WEREN'T ABLE TO MAKE THEIR RENT PAYMENTS, OR GENERAL ASSISTANCE ON ESTATES AND UNITS NOW VACANT FROM SHAREHOLDERS PASSING AWAY DUE TO COVID-19, OUR STAFF PROVIDED ADDITIONAL SUPPORT TO BOARDS ON HOW TO MAINTAIN HEALTHY FINANCIAL OPERATIONS DESPITE THE CHALLENGES. ENERGY SERVICES PROGRAMS: UHAB'S CO-OPS GO SOLAR CAMPAIGN PROVIDES TECHNICAL ASSISTANCE ON SOLAR PROJECTS AND FINANCIAL RESOURCES TO THE HDFC CO-OP COMMUNITY. MEMBER SERVICES CONTINUES TO OFFER A RANGE OF TRAININGS FOR THE HDFC COMMUNITY, DELIVERING TOPICS SUCH AS UNDERSTANDING YOUR HEATING SYSTEM PARTS I AND II, BOILER TO ROOF: REPAIR OR REPLACE HEATING SYSTEMS?, COMPLYING WITH LOCAL 97: GREEN ENERGY CODES, AND PLANNING ENERGY PROJECTS. IN COLLABORATION WITH THE NYC DEPARTMENT OF HEALTH, WE OFFERED AN HDFC SPECIFIC RAT ACADEMY CLASS AND CO-HOSTED A SERIES OF TRAININGS WITH THE NYC SUSTAINABILITY HELP CENTER ON HOW TO FILE THE BENCHMARK REPORT IN COMPLIANCE WITH LOCAL LAW 84.COMMUNICATION & FUNDRAISING:IN FISCAL YEAR 2022, DESPITE THE CONDITIONS OF REMOTE WORK, PARTIAL LOCKDOWN DUE TO THE PANDEMIC, AND SOME FUNDING CHALLENGES, UHAB SUCCESSFULLY FUNDRAISED APPROXIMATELY $701,606. THE CHALLENGES IN THIS YEAR FOR FUNDRAISING WERE PARTICULARLY AROUND THE CHANGING PRIORITIES OF SOME FOUNDATIONS, WHICH HAD TO SHIFT TO PANDEMIC- OR HEALTH-RELATED ACTIVITIES, WHEREAS UHAB'S PROGRAMS CONTINUED TO BE A NECESSITY FOR THE COMMUNITIES WE SERVE. IN SOME CASES, THE PROGRAMS WERE ADAPTED TO ADDRESS THE IMPACTS OF COVID-19 ON LOW-INCOME AFFORDABLE HOUSING RESIDENTS. THIS WAS ALSO THE SECOND YEAR OF FUNDING TOWARDS OUR NEWEST INITIATIVE, THE CO-OP IMPROVEMENT PROGRAM, WHICH HAD RECEIVED INCREASED SUPPORT FROM SOME FUNDERS IN THIS FISCAL YEAR THAN THE PREVIOUS YEAR. ANOTHER FUNDRAISING SUCCESS HERE WAS INCREASED SUPPORT BY GOLDMAN SACHS FROM THEIR PREVIOUS YEAR. ANOTHER OPPORTUNITY THIS YEAR WAS HAVING OUR FIRST IN-PERSON GALA SINCE THE PANDEMIC. THE GALA WAS HELD IN PERSON ON MAY 9TH, 2020 AT THE PRINCE GEORGE BALLROOM AND FEATURED AN ARCHIVE INSTALLATION IN THE BALLROOM'S ENTRYWAY. THERE WERE AROUND 200 PEOPLE IN ATTENDANCE AND UHAB HONORED MICHAEL ROONEY, FROM MDG DESIGN+CONSTRUCTION, AND THE LATE CHARLES SNYDER, PRESIDENT OF THE NATIONAL CO-OP BANK, IN MEMORIAM. THIS YEAR, UHAB'S GALA RAISED AROUND $252,350 WITH A GOAL OF RAISING $300,000. OUR EXPENSES TURNED OUT TO BE LESS THAN BUDGETED FOR, SO IT WAS STILL FINANCIALLY SUCCESSFUL.THIS FISCAL YEAR, UHAB HAD THE HONOR OF PARTICIPATING IN THE MORGAN STANLEY 2022 STRATEGY CHALLENGE. OUR ORGANIZATION WAS ONE OF NINE GROUPS SELECTED OUT OF 450 REGIONAL APPLICANTS. EXPERTS AT MORGAN STANLEY HELPED US DEVELOP A BUSINESS PLAN FOR OUR NATIONAL WORK TO HELP US REPLICATE OUR SUCCESSES IN NEW YORK CITY ACROSS THE COUNTRY. LAUNCHED IN 2009, THE STRATEGY CHALLENGE IS MORGAN STANLEY'S ANNUAL SIGNATURE PRO BONO PROGRAM. THE STRATEGY CHALLENGE ASSIGNED UHAB A TEAM OF FOUR MORGAN STANLEY EXPERTS THAT LEVERAGED THEIR EXPERTISE TO PROVIDE CUSTOMIZED ANALYSIS AND IMPLEMENTABLE ACTION PLANS. THIS EXPERIENCE WAS INVALUABLE TO OUR TEAM AND REASSURED US THAT THERE IS AN INTEREST IN AFFORDABLE CO-OPS AND MORE IMPORTANTLY, A NEED FOR THEIR EXPANSION NATIONWIDE. IT ALSO RESULTED IN A $5,000 CONTRIBUTION FROM MORGAN STANLEY AS PART OF THE CHALLENGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Warren Chair | Trustee | 1 | $0 |
Clifford P Charles Vice Chair | Trustee | 1 | $0 |
Mary Ann Rothman Secretary | OfficerTrustee | 1 | $0 |
Charles S Laven Board Member | OfficerTrustee | 1 | $0 |
C Knox Lasister Board Member | Trustee | 1 | $0 |
Lawrence Mcgaughey Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $224,281 |
Related organizations | $0 |
Government grants | $676,988 |
All other contributions, gifts, grants, and similar amounts not included above | $705,676 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,606,945 |
Total Program Service Revenue | $2,506,894 |
Investment income | $566 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$46,304 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,095,037 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $20,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $269,505 |
Compensation of current officers, directors, key employees. | $194,547 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,730,758 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $411,165 |
Payroll taxes | $196,561 |
Fees for services: Management | $28,017 |
Fees for services: Legal | $3,943 |
Fees for services: Accounting | $37,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $41,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $162,212 |
Advertising and promotion | $5,400 |
Office expenses | $135,225 |
Information technology | $196,076 |
Royalties | $0 |
Occupancy | $443,277 |
Travel | $3,822 |
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 | $25,961 |
Insurance | $71,827 |
All other expenses | $5,736 |
Total functional expenses | $3,977,405 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $224,306 |
Savings and temporary cash investments | $167,331 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,328,626 |
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 | $618 |
Net Land, buildings, and equipment | $11,302 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $21,177,351 |
Intangible assets | $0 |
Other assets | $84,000 |
Total assets | $22,993,534 |
Accounts payable and accrued expenses | $171,040 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $14,486,046 |
Unsecured mortgages and notes payable | $1,107,078 |
Other liabilities | $265,377 |
Total liabilities | $16,029,541 |
Net assets without donor restrictions | $6,686,662 |
Net assets with donor restrictions | $277,331 |
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 | $22,993,534 |