United Odd Fellows Housing Development Fund Company is located in Bronx, NY. The organization was established in 1994. 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 12/2021, United Odd Fellows Housing Development Fund Company employed 3 individuals. This organization is the central organization for a national or regional group of organizations. United Odd Fellows Housing Development Fund Company 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 12/2021, United Odd Fellows Housing Development Fund Company generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 4.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW INCOME SENIOR HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A LOW INCOME SENIOR HOUSING FACILITY UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Felberg Director Of Finance | Officer | 1 | $18,437 |
Jose Hernandez Director Of Facilities Mgmt | 1 | $4,745 | |
Martin Elson President | OfficerTrustee | 1 | $0 |
Anne D Fisher Treasurer | OfficerTrustee | 1 | $0 |
Mary O'connell Secretary | OfficerTrustee | 1 | $0 |
D Joseph Bradley Jr Vice President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,004,343 |
Investment income | $1,181 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,800 |
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 | $1,041,538 |
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. | $23,571 |
Compensation of current officers, directors, key employees. | $23,571 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $226,867 |
Pension plan accruals and contributions | $11,343 |
Other employee benefits | $34,221 |
Payroll taxes | $19,105 |
Fees for services: Management | $0 |
Fees for services: Legal | $44,267 |
Fees for services: Accounting | $17,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $337,364 |
Advertising and promotion | $0 |
Office expenses | $14,558 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $249,239 |
Travel | $0 |
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 | $433,768 |
Insurance | $99,951 |
All other expenses | $2,373 |
Total functional expenses | $1,514,377 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $129,948 |
Savings and temporary cash investments | $675,508 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $284,892 |
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 | $31,143 |
Net Land, buildings, and equipment | $12,527,214 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $42,592 |
Total assets | $13,691,297 |
Accounts payable and accrued expenses | $231,897 |
Grants payable | $3,450,000 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $29,478 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $13,424,894 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $388,533 |
Total liabilities | $17,524,802 |
Net assets without donor restrictions | -$3,833,505 |
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 | $13,691,297 |
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