Fair Share Housing Center Inc
- Assets
- $4.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Cherry Hill, NJ
- Founding
- 01/1977
- Data as of
- 12/2022
- EIN
- 22-2111275
Organization Overview
Fair Share Housing Center Inc is located in Cherry Hill, NJ. The organization was established in 1977. According to its NTEE Classification (L30) the organization is classified as: Housing Search Assistance, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Fair Share Housing Center Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Share Housing Center 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 12/2022, Fair Share Housing Center Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 5.0% 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.
Since 2016, Fair Share Housing Center Inc has awarded 27 individual grants totaling $1,831,411. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO END DISCRIMINATORY OR EXCLUSIONARY HOUSING PATTERNS WHICH HAVE DEPRIVED THE POOR, PARTICULARLY THOSE PRESENTLY LIVING IN INNER CITIES, OF THE OPPORTUNITY TO RESIDE IN AN ENVIRONMENT WHICH OFFERS SAFE, DECENT, AND SANITARY HOUSING NEAR EMPLOYMENT AND EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED RACIAL AND ECONOMIC INTEGRATION IN HOUSING THROUGH LITIGATION AND OTHER FORMS OF ADVOCACY SO THAT LOWER INCOME PERSONS WILL BE PROVIDED AN OPPORTUNITY TO LIVE CLOSE TO JOBS IN COMMUNITIES WITH THRIVING SCHOOLS, NO POLLUTION, AND LOW CRIME RATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Charley Board Member | Trustee | 1 | $0 |
Jesselly DE La Cruz Board Member | Trustee | 1 | $0 |
Michael Mcneil Board Member | Trustee | 1 | $0 |
Frank Argote-Freyre President | OfficerTrustee | 1 | $0 |
Deborah Delgrande Secretary | OfficerTrustee | 1 | $0 |
Adam Gordon Executive Director | Officer | 40 | $134,385 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,780,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,780,664 |
| Total Program Service Revenue | $506,461 |
| Investment income | $11,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,794 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,328,703 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $319,972 |
| 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. | $134,385 |
| Compensation of current officers, directors, key employees. | $20,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $989,395 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $141,148 |
| Payroll taxes | $94,254 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $251,232 |
| Advertising and promotion | $11,429 |
| Office expenses | $24,292 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $33,697 |
| 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 | $8,722 |
| Insurance | $23,645 |
| All other expenses | $30,001 |
| Total functional expenses | $2,108,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $762,591 |
| Savings and temporary cash investments | $2,677,668 |
| Pledges and grants receivable | $542,405 |
| Accounts receivable, net | $228,032 |
| 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 | $119,465 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,330,161 |
| Accounts payable and accrued expenses | $110,363 |
| 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 | $60,000 |
| Total liabilities | $170,363 |
| Net assets without donor restrictions | $3,624,900 |
| Net assets with donor restrictions | $534,898 |
| 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 | $4,330,161 |
Grants Awarded
Over the last fiscal year, Fair Share Housing Center Inc has awarded $319,975 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AYUDA LEGAL PUERTY RICO PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $70,000 |
FAIR HOUSING JUSTICE CENTER INC PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $6,925 |
LOUISIANA FAIR HOUSING ACTION CENTER PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $6,925 |
HOUSING & COMMUNITY DEVELOPMENT NETWORK OF NJ PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $170,000 |
MIAMI VALLEY FAIR HOUSING CENTER PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $6,925 |
PUBLIC ADVOCATES INC PURPOSE: STRENGTHEN FAIR HOUSING POLICIES | $6,925 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Share Housing Center Inc Cherry Hill, NJ | $4,330,161 | $2,328,703 |
New York Mortgage Coalition Inc New York, NY | $2,695,946 | $1,581,033 |
Erie Dawn Inc Erie, PA | $815,348 | $550,377 |
Homesharing Program Of Somerset County Inc Bridgewater, NJ | $360,596 | $281,773 |
Reside Affordable Inc Brooklyn, NY | $163,793 | $228,350 |
Homeward Bound Program Bronx, NY | $0 | $170,816 |
Calvert Vaux Preservation Alliance Staatsburg, NY | $24,163 | $0 |
Housing With Hope Foundation Inc Scotch Plains, NJ | $264,795 | $101,707 |
All Borough Solutions Inc Brooklyn, NY | $252,213 | $0 |
Housing Partners Of New York Inc Brooklyn, NY | $354,229 | $0 |
Wellness Transitional Living Inc Valley Cottage, NY | $0 | $0 |
Chi Reality Inc White Plains, NY | $53,587 | $0 |