New York State Rural Housing Coalition Inc
- Assets
- $2.1m
- Revenue
- $570.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Albany, NY
- Founding
- 10/1979
- Data as of
- 06/2022
- EIN
- 22-2322510
Organization Overview
New York State Rural Housing Coalition Inc is located in Albany, NY. The organization was established in 1979. 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 06/2022, New York State Rural Housing Coalition Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York State Rural Housing Coalition 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 06/2022, New York State Rural Housing Coalition Inc generated $570.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $249.6k during the year ending 06/2022. While expenses have increased by 2.0% 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 2020, New York State Rural Housing Coalition Inc has awarded 28 individual grants totaling $149,996. 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
THE COALITION IS A STATEWIDE MEMBERSHIP ORGANIZATION DEDICATED TO STRENGTHENING AND REVITALIZING RURAL NEW YORK BY ASSISTING HOUSING AND COMMUNITY DEVELOPMENT PROVIDERS. THE COALITION SUPPORTS RURAL HOUSING AND COMMUNITY DEVELOPMENT PROVIDERS THROUGH: ORGANIZATIONAL DEVELOPMENT; SKILLS/CAPACITY BUILDING; EDUCATION AND TRAINING; RESOURCE DEVELOPMENT; RAISING PUBLIC AWARENESS; AND PUBLIC POLICY RESEARCH AND ANALYSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RURAL HOUSING COALITION PROVIDES TECHNICAL ASSISTANCE AND TRAINING TO RURAL PRESERVATION COMPANIES AND OTHER RURAL COMMUNITY DEVELOPMENT ORGANIZATIONS ON A VARIETY OF STATE AND FEDERAL PROGRAMS. TRAINING IS PROVIDED THROUGH OUR ANNUAL CONFERENCE, LEADERSHIP ACADEMY AND WEBINARS. TECHNICAL ASSISTANCE IS PROVIDED BY RHC STAFF AND OTHER SUBJECT MATTER EXPERTS ON COMPLIANCE WITH VARIOUS STATE AND FEDERAL GRANT APPLICATIONS, REQUIREMENTS AND DATA ANALYSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Borges Executive Director | Officer | 37.5 | $76,350 |
Colin Mcknight Deputy Director | Officer | 37.5 | $42,849 |
Bruce Misarski Chairperson | OfficerTrustee | 3 | $0 |
Christina Doughty Secretary | OfficerTrustee | 3 | $0 |
William Dessingue Treasurer | OfficerTrustee | 3 | $0 |
Josiah Lamp Director | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $227,025 |
| Investment income | $91,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,825 |
| Net Gain/Loss on Asset Sales | $240,241 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,692 |
| 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. | $119,199 |
| Compensation of current officers, directors, key employees. | $29,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,044 |
| Pension plan accruals and contributions | $2,859 |
| Other employee benefits | $9,747 |
| Payroll taxes | $11,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,810 |
| Fees for services: Accounting | $2,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,640 |
| Fees for services: Other | $10,400 |
| Advertising and promotion | $0 |
| Office expenses | $1,679 |
| Information technology | $2,670 |
| Royalties | $0 |
| Occupancy | $21,377 |
| Travel | $1,316 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $589 |
| Insurance | $3,441 |
| All other expenses | $645 |
| Total functional expenses | $249,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,724 |
| Savings and temporary cash investments | $72,791 |
| Pledges and grants receivable | $0 |
| 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 | $7,043 |
| Net Land, buildings, and equipment | $821 |
| Investments—publicly traded securities | $1,888,265 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,478 |
| Total assets | $2,074,122 |
| Accounts payable and accrued expenses | $12,863 |
| Grants payable | $0 |
| Deferred revenue | $3,898 |
| 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 | $16,761 |
| Net assets without donor restrictions | $2,057,361 |
| 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 | $2,074,122 |
Grants Awarded
Over the last fiscal year, New York State Rural Housing Coalition Inc has awarded $149,996 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
Dunkirk, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Penn Yan, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Ithaca, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Corning, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Salamanca, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Rooseveltown, NY PURPOSE: COVID EMERGENCY HOUSING FUNDS | $5,357 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New York State Rural Housing Coalition Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
John Ben Snow Foundation Inc Manlius, NY PURPOSE: COMPREHENSIVE TECH ASSIST. TO HOUSING AGENCIES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
Phipps Houses New York, NY | $754,776,508 | $88,001,578 |