The Fuller Center For Housing Inc is located in New Rochelle, NY. The organization was established in 2008. 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 06/2022, Fuller Center For Housing Inc employed 18 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fuller Center For Housing 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, Fuller Center For Housing Inc generated $1.7m 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 (5.5%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. 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
DEVELOP HOUSING FOR THE BENEFIT OF AND IN COORPERATION WITH INDIVIDUALS OFLOW TO MODERATE INCOME AND THEN SELL THE HOMES TO INDIVIDUALS WITH NONINTEREST/NO PROFIT AS TO ACHIEVE LONG TERM GOAL OF ELIMINATING POVERTYHOUSING AND HOMELESSNESS IN PARTNERSHIP WITH ALL PEOPLE AS COWORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP HOUSING FOR THE BENEFIT OF AND IN COORPERATION WITH INDIVIDUALS OFLOW TO MODERATE INCOME AND THEN SELL THE HOMES TO INDIVIDUALS WITH NONINTEREST/NO PROFIT AS TO ACHIEVE LONG TERM GOAL OF ELIMINATING POVERTYHOUSING AND HOMELESSNESS IN PARTNERSHIP WITH ALL PEOPLE AS COWORKERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Killoran Executive Director | OfficerTrustee | 40 | $19,627 |
James Lasseer Vice President | OfficerTrustee | 5 | $0 |
Norma Guzman Secretary | Trustee | 5 | $0 |
Marquis Burwell Treasurer | Trustee | 5 | $0 |
Dennis Keane Trustee | Trustee | 5 | $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 | $1,113,848 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,113,848 |
Total Program Service Revenue | $486,105 |
Investment income | $337 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $53,612 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $34,745 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,688,647 |
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. | $19,627 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $410,097 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $35,468 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,447 |
Advertising and promotion | $0 |
Office expenses | $27,583 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $101,907 |
Travel | $37,793 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,716 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,537 |
Insurance | $72,297 |
All other expenses | $44,978 |
Total functional expenses | $1,090,751 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $563,773 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $31,942 |
Accounts receivable, net | $151,052 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,071,971 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $60,923 |
Net Land, buildings, and equipment | $23,716 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,458,918 |
Total assets | $4,362,295 |
Accounts payable and accrued expenses | $182,353 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $654,484 |
Total liabilities | $836,837 |
Net assets without donor restrictions | $3,525,458 |
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 | $4,362,295 |