Clinton-Henry Housing Development Fund Corp
- Assets
- $2.5m
- Revenue
- $392.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1991
- Data as of
- 12/2021
- EIN
- 13-3619108
Organization Overview
Clinton-Henry Housing Development Fund Corp is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clinton-Henry Housing Development Fund Corp 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, Clinton-Henry Housing Development Fund Corp generated $392.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $260.1k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW INCOME HOUSING FOR THE HOMELESS IN NEW YORK CITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Hewitt President | 0 | $0 | |
Kil J Yi VP | 0 | $0 | |
Barbara O'connor Treasuer | 0 | $0 | |
Veronique Doumbe Member | 0 | $0 | |
Bettina Kindermann Secretary | 0 | $0 | |
Alice Arnold Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,375 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $378,924 |
| Total Revenue | $392,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $60,373 |
| Pension plans, employee benefits | $45,003 |
| Interest | $0 |
| Taxes | $4,901 |
| Depreciation | $11,411 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $128,911 |
| Total operating and administrative expenses | $260,060 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $260,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,224,532 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $104,994 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,679 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $244,614 |
| Other assets | $874,543 |
| Total assets | $2,464,362 |
| Accounts payable and accrued expenses | $19,922 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $54,015 |
| Total liabilities | $73,937 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Praxis Housing Initiatives Inc New York, NY | $17,550,749 | $43,469,449 |
Home Headquarters Inc Syracuse, NY | $61,706,462 | $11,933,384 |
Depaul Properties Inc Rochester, NY | $60,046,501 | $8,018,697 |
Isles Inc Trenton, NJ | $25,476,363 | $9,864,108 |
Beech Interplex Inc Philadelphia, PA | $34,852,112 | $5,583,039 |
Center Communities Of Brookline Inc Boston, MA | $21,612,727 | $5,843,127 |
Crispus Attucks Association Of York Pennsylvania York, PA | $24,303,531 | $5,790,154 |
Hrca Brookline Housing 1550 Beacon Plaza Boston, MA | $18,498,571 | $4,652,823 |
North Shore Community Development Coalition Inc Salem, MA | $17,290,346 | $6,893,056 |
Troy Rehabilitation And Improvement Program Inc Troy, NY | $4,527,116 | $4,140,655 |
Opportunity Headquarters Inc Syracuse, NY | $931,819 | $3,257,864 |
Rebuilding Together-Saratoga County Ballston Spa, NY | $1,364,946 | $2,773,949 |