Family Support Systems Unlimited Housing Developments Fund Corp
- Assets
- $2.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 27
- Location
- Bronx, NY
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 13-3741738
Organization Overview
Family Support Systems Unlimited Housing Developments Fund Corp 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, Family Support Systems Unlimited Housing Developments Fund Corp employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Support Systems Unlimited Housing Developments 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, Family Support Systems Unlimited Housing Developments Fund Corp generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 16.7% per year over the past 6 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 TEMPORARY EMERGENCY SHELTER TO ELIGIBLE FAMILIES IN A SAFE AND SUPPORTIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE RESIDING IN OUR FACILITY, WE CREATE A RESPECTFUL, EDUCATIONAL ENVIRONMENT TO ALL THE FAMILIES WE SERVE FAMILIES PARTICIPATE IN PARENTING SKILL CLASSES, HOUSEHOLD MANAGEMENT, HOW TO BUDGET AND OTHER SUPPORTIVE PROGRAMS AND ASSIST FAMILIES IN ACCOMPLISHING THEIR PERMANENT HOUSING GOALS OUR FACILITY HAS BEEN IN OPERATION SINCE 1994 WE ARE HELPFUL IN STRENGTHENING THE FAMILIES AND ASSISTING THEM IN BECOMING SELF-SUFFICIENT CONTRIBUTING AND PRODUCTIVE MEMBERS OF SOCIETY IN THE LAST 25 YEARS, WE HAVE MOVED OVER 1,135 FAMILIES, INCLUDING CHILDREN TO PERMANENT HOUSING IN ADDITION, 2 CLIENT CARE COORDINATORS OF MENTAL HEALTH HAVE BEEN ADDED TO OUR STAFF TO PROVIDE ADDITIONAL SUPPORT TO THOSE FAMILIES WITH PSYCHOLOGICAL ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iris Lebron Executive Director | Officer | 40 | $96,363 |
Omotosho Bola Chairperson | OfficerTrustee | 0.2 | $0 |
Angel Caballero Vice Chairperson | OfficerTrustee | 0.2 | $0 |
Robert L Tate Treasurer | OfficerTrustee | 0.2 | $0 |
Daryl Grant Board Member | Trustee | 0.2 | $0 |
Alfredo Assad Board Member | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,941,339 |
| 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 | $1,941,339 |
| 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 | $1,942,283 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $988,365 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,191 |
| Payroll taxes | $66,935 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,967 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $268,620 |
| Travel | $5,434 |
| 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 | $32,545 |
| Insurance | $51,960 |
| All other expenses | $11,536 |
| Total functional expenses | $1,899,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,380 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,500 |
| Accounts receivable, net | $89,542 |
| 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 | $374,808 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,241,816 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,790,046 |
| Accounts payable and accrued expenses | $42,392 |
| 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 | $165,000 |
| Other liabilities | $765,825 |
| Total liabilities | $973,217 |
| Net assets without donor restrictions | $1,816,829 |
| 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 | $2,790,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Family Support Systems Unlimited Housing Developments Fund Corp has recieved totaling $3,956.
| Awarding Organization | Amount |
|---|---|
Madruga Foundation Inc Floral Park, NY PURPOSE: CHARITY | $3,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |