The H E L P Usa Fund Inc
- Assets
- $6.1m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- New York, NY
- Founding
- 11/1994
- Data as of
- 06/2021
- EIN
- 13-3770118
Organization Overview
The H E L P Usa Fund Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, H E L P USA Fund Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H E L P USA 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 06/2021, H E L P USA Fund Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 5.1% 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.
Since 2015, H E L P USA Fund Inc has awarded 70 individual grants totaling $13,658,534. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING IN SUPPORT OF HELP USA, INC. & ITS AFFILIATES' MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, THE HELP USA FUND, INC. SOLICITED AND DISTRIBUTED FUNDS TO ITS AFFILIATED ENTITIES TO HELP SUPPORT THEIR TRANSITIONAL HOUSING AND SOCIAL SERVICES FOR HOMELESS FAMILIES AND INDIVIDUALS AND TO HELP DEVELOP LOW- INCOME HOUSING AND SOCIAL SERVICES INITIATIVES FOR HOMELESS INDIVIDUALS OR INDIVIDUALS AT RISK OF BEING HOMELESS. THE HELP FUND CONTINUED TO RAISE FUNDS FOR PERMANENT HOUSING DEVELOPMENT, SOCIAL SERVICE PROGRAMS, AND YOUTH SERVICES ACROSS THE HELP USA PORTFOLIO TO MEET THESE INVESTMENT NEEDS. THE HELP FUND REMAINED FLEXIBLE AND ADAPTIVE TO THE COVID ENVIRONMENT, CONVERTING ITS ANNUAL IN PERSON FUNDRAISERS INTO A VIRTUAL TOY DRIVE EVENT AND VIRTUAL HELP HERO AWARDS GALA WHICH TOGETHER RAISED OVER $1M OF UNRESTRICTED FUNDING FOR OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Cann Executive Director | Officer | 40 | $176,719 |
Ronnie Silverman Secretary | Officer | 1 | $0 |
Thomas Hameline President | Officer | 1 | $0 |
John C Emmert Jr VP & Treasurer | Officer | 1 | $0 |
Leonard Achan Director As Of 01/22/21 | Trustee | 1 | $0 |
Jean Brownhill Director As Of 01/22/21 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Berger Hirschberg Strategies Llc Professional Fundraiser | 6/29/15 | $201,213 |
Stephen L Mott Iii Management Consultant | 6/29/15 | $109,869 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $386,645 |
| Related organizations | $90,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,603,744 |
| Noncash contributions included in lines 1a–1f | $280,587 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,080,389 |
| Total Program Service Revenue | $0 |
| Investment income | $116,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$60,096 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,137,070 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,566,615 |
| 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. | $215,369 |
| Compensation of current officers, directors, key employees. | $57,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,355 |
| Pension plan accruals and contributions | $5,863 |
| Other employee benefits | $21,638 |
| Payroll taxes | $20,489 |
| Fees for services: Management | $107,360 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,312 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,825 |
| Advertising and promotion | $15,813 |
| Office expenses | $386,482 |
| Information technology | $36,374 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,000 |
| 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 | $0 |
| Insurance | $9,612 |
| All other expenses | $0 |
| Total functional expenses | $2,595,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,035,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,021,347 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,000,000 |
| 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 | $1,085,778 |
| Total assets | $6,142,221 |
| Accounts payable and accrued expenses | $97,187 |
| Grants payable | $0 |
| Deferred revenue | $105,875 |
| 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 | $621,706 |
| Total liabilities | $824,768 |
| Net assets without donor restrictions | $5,317,453 |
| 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 | $6,142,221 |
Grants Awarded
Over the last fiscal year, The H E L P Usa Fund Inc has awarded $1,566,615 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: LISC GRANT AND PHILLY VI PROJECT | $662,366 |
New York, NY PURPOSE: TO SUPPORT VARIOUS PROGRAMS OF THE ORGANIZATION | $530,254 |
New York, NY PURPOSE: COVID-19 RELATED - WI-FI | $114,107 |
New York, NY PURPOSE: TO COVER VARIOUS SALARY AND INVOICES OF THE ORGANIZATION | $83,915 |
NEWARK GENESIS APTS L P PURPOSE: SECURITY COSTS AND COVID-19 RELATED EXPENSES | $42,201 |
GENESIS NEIGHBORHOOD PLAZA I PURPOSE: COVER GNP I ANNUAL SECURITY COST | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that The H E L P Usa Fund Inc has recieved totaling $1,117,577.
| Awarding Organization | Amount |
|---|---|
Jon Bon Jovi Soul Foundation Philadelphia, PA PURPOSE: GRANT FOR PHILADELPHIA VI PROJECT - 55 UNITS OF AFFORDABLE HOUSING IN PHILADELPHIA, PA | $250,000 |
Jon Bon Jovi Soul Foundation Philadelphia, PA PURPOSE: GRANT FOR PHILADELPHIA VI PROJECT - 55 UNITS OF AFFORDABLE HOUSING IN PHILADELPHIA, PA | $250,000 |
Impactassets Inc Bethesda, MD PURPOSE: COVID-19 RESPONSE & RELIEF EFFORTS | $180,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $152,577 |
Lurje Schaina And Josephina Memorial Foundation Inc New York, NY PURPOSE: ALTRUISTIC | $85,000 |
Lurje Schaina And Josephina Memorial Foundation Inc New York, NY PURPOSE: ALTRUISTIC | $85,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Guild International Inc New York, NY | $511,507,297 | $10,629,551 |
North Star Fund Inc New York, NY | $26,831,975 | $32,265,698 |
United Way Of Bergen County Paramus, NJ | $30,271,619 | $16,270,987 |
United Way Of Buffalo And Erie County Buffalo, NY | $31,555,637 | $14,020,396 |
United Way Of Long Island Deer Park, NY | $13,444,061 | $14,770,315 |
United Way Of Berks County Reading, PA | $37,493,734 | $14,271,656 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
Keren Hayeshivot Trust Brooklyn, NY | $1,238,192 | $11,653,329 |
Jewish Federation Of Northern New Jersey Inc Paramus, NJ | $65,504,215 | $14,848,347 |
Ovarian Cancer Research Fund Inc New York, NY | $32,985,153 | $13,088,201 |
United Way Of Tri County Inc Framingham, MA | $6,314,872 | $10,584,211 |
United Way Of Greater New Haven Inc New Haven, CT | $7,094,504 | $11,335,998 |