Housing Partnership For Morris County Inc
- Assets
- $2.1m
- Revenue
- $641.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Dover, NJ
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 22-3194848
Organization Overview
Housing Partnership For Morris County Inc is located in Dover, NJ. The organization was established in 1993. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Partnership For Morris County Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Partnership For Morris County 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, Housing Partnership For Morris County Inc generated $641.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $515.8k during the year ending 12/2021. While expenses have increased by 2.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A RESOURCE CENTER TO THE PUBLIC REGARDING AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING PARTNERSHIP FOR MORRIS COUNTY, INC. HELD MANY SEMINARS EDUCATING LOW AND MODERATE INCOME INDIVIDUALS REGARDING AFFORDABLE HOUSING AND FORECLOSURE, AS WELL AS PROVIDED FOLLOW UP MEETINGS TO QUALIFIED ATTENDEES. THE ORGANIZATION WAS ABLE TO CONTINUE TO OFFER SERVICES WHILE TRANSITIONING INTO IN PERSON SERVICES. HOUSING PARTNERSHIP OF MORRIS COUNTY PROVIDED HOME BUYER EDUCATION/FINANCIAL LITERACY WORKSHOPS TO OVER 500 FAMILIES AND ASSISTED 128 FAMILIES PURCHASE THEIR FIRST HOME IN CALENDAR YEAR 2021. THE ORGANIZATION ALSO PROVIDED OVER 930 ONE-ON-ONE COUNSELING SESSIONS IN THEIR PREPURCHASE AND FORECLOSURE COUNSELING SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Padilla-Gonzalez Executive Director | Officer | 40 | $90,135 |
Amanda Lejnieks Chair | OfficerTrustee | 2 | $0 |
Bruce Lovenberg CPA Treasurer | OfficerTrustee | 2 | $0 |
Debra L Zimmerly Vice Chair | OfficerTrustee | 2 | $0 |
Kenneth R Sauter ESQ Secretary | OfficerTrustee | 2 | $0 |
Kenneth Fox Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $136,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $344,691 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,314 |
| Total Program Service Revenue | $149,936 |
| Investment income | $146 |
| 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 | $641,198 |
| 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. | $98,624 |
| Compensation of current officers, directors, key employees. | $12,822 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,489 |
| Pension plan accruals and contributions | $4,370 |
| Other employee benefits | $4,488 |
| Payroll taxes | $25,972 |
| 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 | $28,187 |
| Advertising and promotion | $23,872 |
| Office expenses | $29,862 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,200 |
| Travel | $3,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,119 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,235 |
| Insurance | $12,161 |
| All other expenses | $0 |
| Total functional expenses | $515,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,535 |
| Savings and temporary cash investments | $1,352,488 |
| Pledges and grants receivable | $26,118 |
| Accounts receivable, net | $49,215 |
| 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 | $550 |
| Net Land, buildings, and equipment | $18,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $445,999 |
| Total assets | $2,066,285 |
| Accounts payable and accrued expenses | $50,824 |
| Grants payable | $0 |
| Deferred revenue | $17,500 |
| 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 | $150,000 |
| Total liabilities | $218,324 |
| Net assets without donor restrictions | $1,423,778 |
| Net assets with donor restrictions | $424,183 |
| 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 | $2,066,285 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Housing Partnership For Morris County Inc has recieved totaling $10,513.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doe Fund Inc New York, NY | $135,128,444 | $76,076,390 |
First Chinese Presbyterian Community Affairs Home Attendant C New York, NY | $26,741,134 | $40,973,137 |
Corporation For Supportive Housing New York, NY | $191,922,281 | $44,983,722 |
Community Options New York Inc Princeton, NJ | $30,057,554 | $34,330,215 |
Lantern Community Services Inc New York, NY | $8,603,902 | $30,172,757 |
Pathstone Corporation Rochester, NY | $88,645,469 | $21,347,590 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Services For The Underserved Inc New York, NY | $8,662,192 | $15,624,121 |
Hudson River Housing Poughkeepsie, NY | $27,296,400 | $16,670,773 |
Division Housing Corporation Brooklyn, NY | $37,066,960 | $16,618,579 |
Affordable Housing Alliance Inc Neptune, NJ | $23,008,220 | $15,041,931 |
New Community Corporation Newark, NJ | $92,222,632 | $16,838,314 |