H E L P Development Corp

Organization Overview

H E L P Development Corp is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, H E L P Development Corp employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H E L P Development 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 06/2022, H E L P Development Corp generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPS LOW INCOME HOUSING FOR LOW INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELP DEVELOPMENT CORP. (HDC) IS FOCUSED ON DEVELOPING AND MANAGING AFFORDABLE AND SUPPORTIVE HOUSING FOR FORMERLY HOMELESS INDIVIDUALS AND FAMILIES. DURING FY2022, HDC COMPLETED CONSTRUCTION ON AND OPENED HELP PHILADELPHIA VI, 55 UNITS OF SENIOR HOUSING AND STARTED CONSTRUCTION ON HELP ONE BUILDING A, 184 UNITS OF SUPPORTIVE HOUSING, HELP ONE BUILDING B, 71 UNITS OF SUPPORTIVE HOUSING AND HELP BRONX RENEWAL.


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Board, Officers & Key Employees

Name (title)Compensation
Joanne Leonhardt Cassullo
Director
$0
Arthur Mirante
Director
$0
Jeffrey Sachs
Director
$0
Richard Sirota
Director
$0
Anthony Williams
Director
$0
Thomas Hameline
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gilbride Tusa Last & Spellane
Legal And Consulting
$118,770
Curtis & Ginsberg Architects
Architect-new Construction
$117,420
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $31,600
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$31,600
Total Program Service Revenue$2,670,795
Investment income $337,005
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$126,803
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 $2,914,915

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