Multiple Sclerosis Housing Inc
- Assets
- $2.9m
- Revenue
- $724.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Collingswood, NJ
- Founding
- 01/1984
- Data as of
- 06/2021
- EIN
- 22-2464653
Organization Overview
Multiple Sclerosis Housing Inc is located in Collingswood, NJ. The organization was established in 1984. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiple Sclerosis Housing 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 06/2021, Multiple Sclerosis Housing Inc generated $724.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $703.5k during the year ending 06/2021. 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
TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OWNS AND OPERATES AN APARTMENT COMPLEX OF 40 UNITS WHICH PROVIDES HOUSING FACILITIES AND SERVICES FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS. THE COMPLEX IS OPERATED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND PARTICIPATES IN THE SECTION 8 HOUSING ASSISTANCE PAYMENT PROGRAM. SUCH FACILITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Sean Closkey President | OfficerTrustee | 0.25 | $0 |
Robert Willis Board Member | OfficerTrustee | 0.25 | $0 |
Justin Ackerman Board Member | Trustee | 0.25 | $0 |
Anthony Cupano Vice President | Trustee | 0.25 | $0 |
John D'anastasio Secretary/treas | Trustee | 0.25 | $0 |
Gary Backinoff ESQ Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $602,249 |
| 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 | $602,249 |
| Total Program Service Revenue | $120,772 |
| Investment income | $1,623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $724,644 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,442 |
| Payroll taxes | $13,877 |
| Fees for services: Management | $50,087 |
| Fees for services: Legal | $769 |
| Fees for services: Accounting | $14,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $410 |
| Office expenses | $18,102 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67,405 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,507 |
| Insurance | $25,343 |
| All other expenses | $60,483 |
| Total functional expenses | $703,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,534 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,436 |
| 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 | $34,645 |
| Net Land, buildings, and equipment | $1,458,202 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $186,436 |
| Other assets | $1,067,536 |
| Total assets | $2,938,789 |
| Accounts payable and accrued expenses | $85,128 |
| 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 | $1,669,133 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,403 |
| Total liabilities | $1,765,664 |
| Net assets without donor restrictions | $1,173,125 |
| 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 | $2,938,789 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Disability Services Inc Albany, NY | $69,306,939 | $100,152,127 |
Joslin Diabetes Center Inc Boston, MA | $107,556,453 | $76,953,905 |
Ehs Inc Buffalo, NY | $50,318,220 | $101,388,769 |
Qsac Inc New York, NY | $83,140,896 | $79,615,973 |
Crohns & Colitis Foundation Inc New York, NY | $57,664,028 | $78,027,022 |
Childrens Anesthesiology Associates Ltd Philadelphia, PA | $90,428,802 | $78,341,848 |
Fund For Public Health In New York Inc New York, NY | $56,819,635 | $72,117,813 |
Hjf Medical Research International Inc Bethesda, MD | $19,768,728 | $65,415,188 |
Amego Inc Attleboro, MA | $66,774,287 | $62,473,319 |
National Organization For Rare Disorders Inc Quincy, MA | $37,875,246 | $43,188,172 |
Equitas Health Inc Columbus, OH | $58,548,069 | $67,486,506 |
American Board Of Internal Medicine Philadelphia, PA | $82,417,925 | $65,250,623 |