Building Homes For Heroes Inc is located in Island Park, NY. The organization was established in 2006. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Building Homes For Heroes Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Homes For Heroes 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, Building Homes For Heroes Inc generated $13.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $12.2m during the year ending 12/2021. 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
THE ORGANIZATION IS STRONGLY COMMITTED TO SUPPORTING THE BRAVE MEN AND WOMEN OF THE MILITARY WHO WERE INJURED. THE ORGANIZATION BUILDS OR MODIFIES HOMES AND GIFTS THESE HOMES, MORTGAGE-FREE, TO VETERANS AND THEIR FAMILIES, INCLUDING GOLD STAR FAMILIES. THESE MORTGAGE-FREE HOMES NOT ONLY HELP TO REMOVE THE FAMILIES' FINANCIAL BURDENS, BUT THEY ALSO HELP TO RESTORE THE INDIVIDUALS' FREEDOM, AND ENABLE THE VETERANS TO LEAD MORE INDEPENDENT AND PRODUCTIVE CIVILIAN LIVES. TO FURTHER ASSIST VETERANS, THE ORGANIZATION OFFERS FINANCIAL PLANNING SERVICES, FAMILY FUNDING, AND EMERGENCY SUPPORT. THE ORGANIZATION ENCOURAGES VETERANS AND THEIR FAMILIES TO TAKE PART IN ITS EVENTS WITH OTHER VETERANS TO HELP BUILD CAMARADERIE AND SUPPORTIVE RELATIONSHIPS BETWEEN THE WOUNDED VETERANS. IT IS THE ORGANIZATION'S HONOR TO SUPPORT THE SERVICEMEN AND WOMEN WHO LOYALLY AND COURAGEOUSLY SERVED THE COUNTRY IN THE ARMED FORCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME AWARD PROGRAM - BUILDING HOMES FOR HEROES IS DETERMINED AND DEVOTED TO BRINGING RENEWED HOPE, HEALING AND WELL-BEING TO OUR NATION'S INJURED VETERANS. THE ORGANIZATION CONSTRUCTS AND MODIFIES HOMES, AND GIFTS THEM, MORTGAGE-FREE, TO INJURED VETERANS AND THEIR FAMILIES, INCLUDING GOLD STAR FAMILIES, WHILE PROVIDING A GROWING NUMBER OF SUPPORT SERVICES TO ENABLE THEM TO BUILD BETTER AND BRIGHTER LIVES AND REACH NEW HEIGHTS. THESE MORTGAGE-FREE HOMES NOT ONLY HELP TO REMOVE THE FAMILY'S FINANCIAL BURDEN, BUT THEY ALSO HELP TO RESTORE THE INDIVIDUAL'S FREEDOM, AND ENABLE THE VETERAN TO LEAD A MORE INDEPENDENT AND PRODUCTIVE CIVILIAN LIFE. ALL HOMES WE GIFT ARE CUSTOMIZED AND BEAUTIFIED TO MEET THE NEEDS OF A PHYSICALLY OR PSYCHOLOGICALLY DISABLED VETERAN AND THEIR FAMILIES, TO HELP IMPROVE THEIR DAY-TO-DAY QUALITY OF LIFE AND TO LEAD A HOPEFUL FUTURE AHEAD. WE OFTEN GIFT THE HOME WITH A HEROES' WELCOME, FEATURING A HEARTFELT CEREMONY WITH THE LOCAL COMMUNITY. THE ORGANIZATION REACHED MORE THAN ONE HOME EVERY 11 DAYS, ON AVERAGE, IN 2021, AND HOPES TO REACH MORE THAN 40 HOMES IN 2022, INCLUDING OUR MILESTONE 300TH HOME. WE'VE FOUND THAT THE GIFT OF A MORTGAGE-FREE HOME PROVIDES PERMANENT STABILITY AND A LIFE-CHANGING FOUNDATION FOR THE VETERAN TO PURSUE THEIR DREAMS, PROFESSIONALLY, ACADEMICALLY AND RECREATIONALLY, THAT THEY MIGHT NEVER HAVE IMAGINED ACHIEVING FOLLOWING THEIR INJURIES. IT'S TRULY AN HONOR TO SERVE THE MEN AND WOMEN WHO HAVE COURAGEOUSLY SERVED AND SACRIFICED SO MUCH FOR ALL OF US AND FOR OUR COUNTRY.
FINANCIAL SUPPORT AND GUIDANCE - BHH GOES ABOVE AND BEYOND TO CREATE SERVICES TO ENABLE VETERANS TO BUILD BETTER AND BRIGHTER LIVES AND REACH NEW HEIGHTS. THE ORGANIZATION PROVIDES THE NEW - AND SOMETIMES FIRST-TIME HOMEOWNERS - WITH THE APPROPRIATE ADVICE AND GUIDANCE NEEDED TO MAINTAIN HOME EXPENSES AND TO PLAN FOR A SUCCESSFUL FUTURE. TO ACHIEVE THAT END, ALL HOME RECIPIENTS ARE PARTNERED WITH CERTIFIED FINANCIAL PROFESSIONALS TO ASSIST THEM THROUGH THEIR FINANCES AND HELP VETERANS AND THEIR FAMILIES FOCUS ON LIVING A PROMISING AND PRODUCTIVE STRESS-FREE LIFE, WHILE ALSO LEARNING ABOUT INVESTING AND SAVING FOR THE FUTURE. WHEN EMERGENCY WATERSHED FUNDING IS REQUIRED, THE ORGANIZATION STEPS UP TO HANDLE SPECIAL CASES. THE EMERGENCY FUNDING CAN POSITIVELY IMPACT A MILITARY FAMILY DURING A TIME OF CRISIS. A MAJOR FOCUS OF THE FINANCIAL SUPPORT PROGRAM IS TO HIGHLIGHT THE IMPORTANCE OF MINIMIZING OR ELIMINATING DEBT ENTIRELY, AND THE FREEDOM IT PROVIDES TO LIVE AN EVER MORE HOPEFUL FUTURE AHEAD WITH NEW OPPORTUNITIES NEVER BEFORE IMAGINED PRIOR TO RECEIVING THE SUPPORT OF BHH AND ALL OF OUR GENEROUS SUPPORTERS. THIS PROGRAM HAS LED TO AN EXTREMELY SUCCESSFUL TRACK RECORD OF HOME MANAGEMENT AND SUCCESS WITH OUR FAMILIES. TO DATE, NOT A SINGLE FAMILY HAS A LOST THEIR HOME FOR FINANCIAL REASONS AS A RESULT OF THIS PROGRAM.
EMERGENCY FUNDING - THE ORGANIZATION'S EMERGENCY AND WATERSHED FUNDING PROGRAM HELPS VETERANS AND THEIR FAMILIES WHO EXPERIENCE SUDDEN LIFE-ALTERING MOMENTS IN THEIR LIVES. THESE MOMENTS CAN INCLUDE, BUT ARE NOT LIMITED TO, THE LOSS OF JOB, AN ILLNESS, OR A MAJOR REPAIR NEEDED DUE TO DISASTROUS WEATHER EVENTS SUCH AS HURRICANES, FLOODING OR TORNADOES. THE ORGANIZATION ALSO PROVIDES IMMEDIATE ASSISTANCE TO VETERANS WHO ARE EXPERIENCING HOMELESSNESS OR ARE ON THE BRINK OF HOMELESSNESS. IN 2020 AND 2021, TO SUPPORT OUR VETERANS DURING THE COVID-19 PANDEMIC AND THE ACCOMPANYING ECONOMIC CRISIS, THE ORGANIZATION SENT HUNDREDS OF $500 EMERGENCY RELIEF CHECKS TO VETERANS IN NEED. ALREADY AMONG OUR NATION'S MOST VULNERABLE POPULATIONS, THESE FUNDS HELPED OUR VETERANS PURCHASE ESSENTIAL ITEMS FOR THE FAMILIES, AND WAS YET ANOTHER WAY OF LETTING OUR HEROES KNOW THEY ARE APPRECIATED AND CARED FOR DURING CHALLENGING TIMES.
TEAM BUILDING, EDUCATIONAL, INSPIRATIONAL - BHH RECOGNIZES THE LIBERATING AND THERAPEUTIC IMPACT THAT RECREATION AND INTERACTION CAN HAVE ON A VETERAN'S RECOVERY. TO THAT END, WE HOST ANNUAL TEAM BUILDING EVENTS DESIGNED TO STRENGTHEN BONDS AND CAMARADERIE AMONG AN EVER GROWING NUMBER OF VETERANS AND THEIR FAMILIES. THE CONFERENCE COMPRISES FAMILY FUN, INSPIRATIONAL ACTIVITIES, RECOGNIZABLE SUPPORT AND EDUCATIONAL PROGRAMS, GIVING OUR VETERANS THE OPPORTUNITY TO REUNITE WITH THEIR FELLOW SERVICEMEN AND WOMEN WHO HAVE STRUGGLED THROUGH SIMILAR ORDEALS, WHICH CAN BE A VERY HEALING EXPERIENCE WITH THEIR PSYCHOLOGICAL INJURIES AS WELL AS THEIR PHYSICAL INJURIES. IT'S PART OF OUR GOAL TO HELP OUR VETERANS SUCCEED, WHICH WE ALSO ACCOMPLISH BY SUPPORTING VETERANS IN THEIR PARTICIPATION IN ATHLETICS, INCLUDING THE WARRIOR GAMES AND INVICTUS GAMES, AND WE SUPPORT SOME WHO HAVE REACHED NEW HEIGHTS IN OUTDOOR THERAPEUTIC ADVENTURES, INCLUDING CLIMBING THE HIGHEST MOUNTAINS IN THE WORLD. THIS PROGRAM IS FURTHER EVIDENCE THAT WE ARE BUILDING BETTER AND BRIGHTER LIVES FOR OUR NATION'S HEROES, AND MAKING OUR COMMUNITIES AND COUNTRY A BETTER PLACE. ALTHOUGH TEAM BUILDING DID NOT TAKE PLACE IN 2020 DUE TO THE PANDEMIC, WE WERE STILL ABLE TO SUPPORT OUR VETERANS IN THEIR ATHLETIC PURSUITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly Vesey Vice President And General Counsel | Officer | 40 | $128,308 |
Nancy Mauro Director Of Finance | Officer | 40 | $113,808 |
Andrew Pujol CEO | OfficerTrustee | 50 | $0 |
Anthony Sigillito Treasurer | OfficerTrustee | 15 | $0 |
George Sherman Board Member | Trustee | 4 | $0 |
James Cummings Board Member | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Flying Peanut Productions Inc Media Production | 12/30/21 | $296,084 |
Pulte Homes Construction | 12/30/21 | $154,035 |
Highland Homes - Dallas Llc Construction | 12/30/21 | $140,653 |
Matriarca Builders Construction | 12/30/21 | $138,456 |
Alfonsi Construction Llc Construction | 12/30/21 | $268,723 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $271,313 |
Related organizations | $0 |
Government grants | $1,648,977 |
All other contributions, gifts, grants, and similar amounts not included above | $11,844,704 |
Noncash contributions included in lines 1a–1f | $4,062,402 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,764,994 |
Total Program Service Revenue | $0 |
Investment income | $3,450 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$39,203 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,729,241 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,337,662 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $242,116 |
Compensation of current officers, directors, key employees. | $31,678 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $881,086 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $140,710 |
Payroll taxes | $89,074 |
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 | $58,855 |
Advertising and promotion | $341,596 |
Office expenses | $46,444 |
Information technology | $90,633 |
Royalties | $0 |
Occupancy | $97,022 |
Travel | $152,437 |
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 | $31,651 |
Insurance | $189,160 |
All other expenses | $62,210 |
Total functional expenses | $12,209,248 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,946,107 |
Savings and temporary cash investments | $1,321,953 |
Pledges and grants receivable | $1,354,799 |
Accounts receivable, net | $0 |
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 | $47,414 |
Investments—publicly traded securities | $969,596 |
Investments—other securities | $3,678 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,847,566 |
Total assets | $15,491,113 |
Accounts payable and accrued expenses | $336,169 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $336,169 |
Net assets without donor restrictions | $8,765,984 |
Net assets with donor restrictions | $6,388,960 |
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 | $15,491,113 |
Over the last fiscal year, we have identified 2 grants that Building Homes For Heroes Inc has recieved totaling $2,750.
Awarding Organization | Amount |
---|---|
Piacenti Family Charitable Foundation Central, SC PURPOSE: SUPPORT FOR ORGANIZATION MISSION. | $2,500 |
Nacchio Foundation Inc Jupiter, FL PURPOSE: GENERAL SUPPORT | $250 |
Organization Name | Assets | Revenue |
---|---|---|
Homes For Our Troops Inc Taunton, MA | $32,216,870 | $35,704,270 |
Arc Ocean County Chapter Lakewood, NJ | $28,493,804 | $32,257,873 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |
Alliance For Behavioral & Developmental Disabilities Ltd Hermitage, PA | $7,380,317 | $14,591,071 |
Building Homes For Heroes Inc Island Park, NY | $15,491,113 | $13,729,241 |