R O U S E Rpc Inc is located in Troy, 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, R O U S E Rpc Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R O U S E Rpc 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 12/2021, R O U S E Rpc Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 2.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PLAN, CONSTRUCT, AND MANAGE SENIOR CITIZEN HOUSING PROJECTS FOR THOSE WITH LOW OR MODERATE INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SPONSOR LOW-INCOME HOUSING PROJECTS AND TO ASSIST SENIORS IN FINDING AFFORDABLE HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Dessingue Executive Director | Officer | 40 | $86,873 |
Paul Tazbir President | OfficerTrustee | 1 | $0 |
Stuart Nippes Vice President | OfficerTrustee | 1 | $0 |
Peter G Lehmann Treasurer | OfficerTrustee | 1 | $0 |
Pat Casale Director | Trustee | 1 | $0 |
Ann Marie Burnett Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $107,028 |
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 | $107,028 |
Total Program Service Revenue | $895,775 |
Investment income | $62,956 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,370 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,077,072 |
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. | $86,873 |
Compensation of current officers, directors, key employees. | $22,035 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $163,716 |
Pension plan accruals and contributions | $14,673 |
Other employee benefits | $88,825 |
Payroll taxes | $19,170 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,000 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,051 |
Fees for services: Other | $21,075 |
Advertising and promotion | $230 |
Office expenses | $16,910 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $283,317 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,278 |
Interest | $88,649 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $324,482 |
Insurance | $49,435 |
All other expenses | $1,068 |
Total functional expenses | $1,196,229 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $597,660 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $41,027 |
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 | $15,272 |
Net Land, buildings, and equipment | $2,721,083 |
Investments—publicly traded securities | $2,070,675 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $758,350 |
Total assets | $6,204,067 |
Accounts payable and accrued expenses | $61,482 |
Grants payable | $0 |
Deferred revenue | $12,669 |
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 | $3,641,320 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $64,620 |
Total liabilities | $3,780,091 |
Net assets without donor restrictions | $2,423,976 |
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 | $6,204,067 |
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