Met Council Research & Educational Fund Inc
- Assets
- $204.0k
- Revenue
- $483.2k
- Investments
- $0.0
- Employees
- 5
- Location
- New York, NY
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 13-3580918
Organization Overview
Met Council Research & Educational Fund Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Met Council Research & Educational Fund Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Met Council Research & Educational Fund 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 12/2021, Met Council Research & Educational Fund Inc generated $483.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $439.1k during the year ending 12/2021. While expenses have increased by 12.6% 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
PROVIDE COUNSELING TO TENANTS REGARDING THEIR RIGHTS AND OBLIGATIONS, LEGAL ASSISTANCE, AVOID EVICTION AND OBTAIN HOUSING REPAIRS. CONDUCT EDUCATIONAL OUTREACH TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COUNSELING TO TENANTS REGARDING THEIR RIGHTS AND OBLIGATIONS, LEGAL ASSISTANCE, AVOID EVICTION AND OBTAINING HOUSING REPAIR. CONDUCT EDUCATIONAL OUTREACH TO THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darius Gordon Chief Executive Officer | Officer | 0 | $0 |
Aura Mejia Board Member | Trustee | 1 | $0 |
Anderson Fils-Aime Board Member | Trustee | 1 | $0 |
Jennifer Laurie Treasurer | Trustee | 1 | $0 |
Kenny Schaeffer Secretary | Trustee | 1 | $0 |
Dennis Osorio Vice-Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $194,011 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $465,069 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $483,171 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,824 |
| Payroll taxes | $23,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,879 |
| Advertising and promotion | $0 |
| Office expenses | $2,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,788 |
| All other expenses | $0 |
| Total functional expenses | $439,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,955 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,000 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $203,955 |
| Accounts payable and accrued expenses | $14,143 |
| 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 | $0 |
| Total liabilities | $14,143 |
| Net assets without donor restrictions | $157,312 |
| Net assets with donor restrictions | $32,500 |
| 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 | $203,955 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Met Council Research & Educational Fund Inc has recieved totaling $125,927.
| Awarding Organization | Amount |
|---|---|
Legal Services Nyc New York, NY PURPOSE: CIVIL SERVICES | $95,927 |
Right To The City Alliance Inc Brooklyn, NY PURPOSE: HOMES FOR ALL | $30,000 |
Peer Organizations
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|---|---|---|
Rcap Solutions Inc Worcester, MA | $9,084,523 | $86,440,230 |
Communities Of Don Guanella And Divine Providence Philadelphia, PA | $32,652,793 | $61,764,962 |
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Arc Ocean County Chapter Lakewood, NJ | $28,493,804 | $32,257,873 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |