Citileaf Housing Development Fund Corporation
- Assets
- $2.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 21
- Location
- New York, NY
- Founding
- 04/1994
- Data as of
- 12/2022
- EIN
- 13-3744465
Organization Overview
Citileaf Housing Development Fund Corporation is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Citileaf Housing Development Fund Corporation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citileaf Housing Development Fund Corporation 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 12/2022, Citileaf Housing Development Fund Corporation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 9.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CITILEAF HOUSING DEVELOPMENT FUND CORPORATION IS TO PROVIDE SAFE, AFFORDABLE HOUSING AND VITAL SUPPORT SERVICES TO MEN AND WOMEN LIVING WITH AIDS WHO WERE FORMERLY HOMELESS OR MARGINALLY HOUSED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON SITE CLINICAL SERVICES FOR RESIDENTS: SUPPORTIVE HOUSING IS JUST THAT: HOUSING PLUS SUPPORT. TENANTS HAVE AFFORDABLE APARTMENTS AND EASY ACCESS TO WHATEVER HELP THEY NEED TO STAY HOUSED AND HEALTHY. THEY PAY ONE-THIRD OF THEIR INCOME TOWARD RENT AND GET BOTH A ROOF OVER THEIR HEADS AND ON-SITE ACCESS TO A SUPPORT NETWORK OF PROFESSIONALS TO HELP THEM OVERCOME THE CHALLENGES THAT LEFT THEM HOMELESS. SUPPORTIVE HOUSING HAS BECOME ONE OF THE MOST EFFECTIVE (AND COST-EFFECTIVE) INTERVENTIONS EVER DEVISED TO END HOMELESSNESS AMONG THE MOST VULNERABLE: INDIVIDUALS COPING WITH MENTAL ILLNESS, TRAUMA/ABUSE, ADDICTION AND CHRONIC ILLNESS INCLUDING HIV/AIDS. SUPPORTIVE HOUSING IS A COMMON-SENSE SOLUTION TO A SEEMINGLY INTRACTABLE SOCIAL PROBLEM. CITILEAF HOUSING PROVIDES PERMANENT SUPPORTIVE HOUSING FOR 50 PEOPLE WHO ARE FORMERLY HOMELESS LIVING WITH AIDS."
SHELTER PLUS CARE:CITILEAF HOUSING PROVIDES 50 RESIDENTS WITH A HEALTHY AND WHOLESOME NIGHTLY MEAL, 365 DAYS A YEAR. MEALS ARE CAREFULLY PLANNED AND PREPARED ON A DAILY BASIS BY KITCHEN STAFF, INCLUDING A HOT MEAL AND A SALAD BAR STOCKED WITH FRESH PRODUCE AND PROTEIN DISHES. STAFF ALSO PROVIDES SEASONAL MENUS SUCH AS HOLIDAY MEALS AND PICNIC STYLE MEALS ON THE ROOF GARDEN. DURING THE GROWING SEASON, STAFF SHOPS AT A GREEN MARKET TO PROVIDE SEASONAL AND LOCAL ITEMS TO OUR RESIDENTS AND FOR PLANTING ON THE ROOF GARDEN.RECREATION:CITILEAF HOUSING PROVIDES A MONTHLY RECREATION PROGRAM AS A WAY FOR RESIDENTS TO COME TOGETHER, HAVE FUN, AND EXPLORE NYC. OFF-SITE TRIPS CAN INCLUDE TRIPS TO MUSEUMS, CONEY ISLAND, BOWLING, SPORTING EVENTS, THEATER PERFORMANCES, AND OTHER CULTURAL EVENTS. ON SITE RECREATION CAN INCLUDE HOLIDAY EVENTS, MONTHLY COMMUNITY MEETINGS, AND SITE NUTRITION PROGRAM FOR RESIDENTS AND RECREATION IN THE ROOF GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton Mcphail President | OfficerTrustee | 2 | $0 |
Terence Kannengieser Treasurer | OfficerTrustee | 4 | $0 |
Jen Cinclair Board Member | Trustee | 2 | $0 |
Jason Dull Board Member | Trustee | 2 | $0 |
Jonathan Goldberg Board Member | Trustee | 2 | $0 |
Donna M Mills Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,015,251 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,066,889 |
| Total Program Service Revenue | $643,478 |
| Investment income | $3,297 |
| 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 | $1,717,122 |
| 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. | $377,322 |
| Compensation of current officers, directors, key employees. | $77,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $338,055 |
| Pension plan accruals and contributions | $3,259 |
| Other employee benefits | $63,202 |
| Payroll taxes | $59,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,083 |
| Fees for services: Accounting | $34,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $189,753 |
| Advertising and promotion | $0 |
| Office expenses | $110,081 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $246,973 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $54,699 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,515 |
| Insurance | $15,321 |
| All other expenses | $6,274 |
| Total functional expenses | $2,144,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,874 |
| Savings and temporary cash investments | $26,478 |
| Pledges and grants receivable | $83,721 |
| Accounts receivable, net | $51,589 |
| 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 | $5,509 |
| Net Land, buildings, and equipment | $1,967,839 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $724,729 |
| Total assets | $2,875,739 |
| Accounts payable and accrued expenses | $789,272 |
| Grants payable | $0 |
| Deferred revenue | $197,737 |
| 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 | $5,920,879 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,907,888 |
| Net assets without donor restrictions | -$4,032,149 |
| 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 | $2,875,739 |