New Community Harmony House Corporation
- Assets
- $6.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, NJ
- Founding
- 12/1989
- Data as of
- 12/2021
- EIN
- 22-2979354
Organization Overview
New Community Harmony House Corporation is located in Newark, NJ. The organization was established in 1989. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Community Harmony House Corporation 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, New Community Harmony House Corporation generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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 TRANSITIONAL HOUSING AND SUPPORT SERVICES FOR HOMELESS INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARMONY HOUSE IS A TRANSITIONAL HOUSING PROGRAM WITH THE PRIMARY GOAL OF HELPING FAMILIES MOVE FROM HOMELESSNESS TO PERMANENT HOUSING AND FROM DEPENDENCY TO SELF- SUFFICIENCY. WITH THE CAPACITY TO HOUSE 102 FAMILIES IN INDIVIDUAL APARTMENT UNITS AND HOST OF ON-SITE SOCIAL SERVICES, HARMONY HOUSE PROVIDES MUCH MORE THAN A SHELTER. IT OFFERS STABILITY TO FAMILIES FACING SEEMLY INSURMOUNTABLE BARRIERS AND ENABLES THEM TO RESTORE THEIR LIVES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Newton M Richards Secretary | OfficerTrustee | 1 | $0 |
Edgar Nemorin Treasurer | OfficerTrustee | 1 | $0 |
Dr A Zachary Yamba President | OfficerTrustee | 1 | $0 |
Elizabeth Mbakaya CFO | Officer | 1 | $0 |
Richard Rorhman CEO | Officer | 1 | $0 |
Madge Wilson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $904,768 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,021,366 |
| Total Program Service Revenue | $1,068,696 |
| Investment income | $77 |
| 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 | $2,136,664 |
| 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 | $284,345 |
| Pension plan accruals and contributions | $7,980 |
| Other employee benefits | $118,354 |
| Payroll taxes | $25,845 |
| Fees for services: Management | $217,166 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $17,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,846 |
| Advertising and promotion | $0 |
| Office expenses | $161,984 |
| Information technology | $25,000 |
| Royalties | $0 |
| Occupancy | $558,170 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $339,488 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,454 |
| Insurance | $51,132 |
| All other expenses | $6,099 |
| Total functional expenses | $2,015,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,863 |
| Savings and temporary cash investments | $177,522 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $201,911 |
| 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 | $645 |
| Net Land, buildings, and equipment | $1,976,512 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $26,250 |
| Other assets | $3,908,273 |
| Total assets | $6,316,976 |
| Accounts payable and accrued expenses | $178,961 |
| Grants payable | $0 |
| Deferred revenue | $28,952 |
| 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 | $5,083,313 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,291,226 |
| Net assets without donor restrictions | $380,300 |
| Net assets with donor restrictions | $645,450 |
| 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 | $6,316,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Community Harmony House Corporation has recieved totaling $116,598.
| Awarding Organization | Amount |
|---|---|
New Community Corporation Newark, NJ PURPOSE: GENERAL OPERATING SUPPORT | $116,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ali Forney Center New York, NY | $7,623,264 | $19,818,161 |
Jericho Project New York, NY | $18,950,420 | $17,611,803 |
Lifting Up Westchester Inc White Plains, NY | $11,378,064 | $11,870,807 |
St Christophers Inn Inc Garrison, NY | $7,329,399 | $7,259,618 |
Rescue Mission Of Utica Inc Utica, NY | $9,177,377 | $6,677,348 |
Family Promise Inc Summit, NJ | $7,678,924 | $6,508,376 |
York Union Rescue Mission Inc York, PA | $4,203,301 | $6,244,380 |
Opportunity House Reading, PA | $5,953,825 | $7,820,343 |
Person Centered Housing Options Rochester, NY | $1,060,718 | $6,884,446 |
Homeless Solutions Inc Cedar Knolls, NJ | $23,789,271 | $6,094,141 |
Concourse House Housing Development Fund Company Inc Bronx, NY | $3,401,118 | $5,844,314 |
Bethesda Project Philadelphia, PA | $5,417,974 | $5,948,466 |