Inglis Housing Corporation is located in Philadelphia, PA. The organization was established in 1985. 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, Inglis Housing Corporation employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inglis Housing 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 06/2022, Inglis Housing Corporation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 9.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DEVELOPMENT AND OPERATION OF AFFORDABLE, WHEELCHAIR ACCESSIBLE RENTAL HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1877, INGLIS HAS BEEN SUPPORTING PEOPLE WITH DISABILITIES TO LIVE THE LIVES THEY CHOOSE, WHERE AND HOW THEY CHOOSE. INGLIS IS A NATIONAL LEADER IN PROVIDING COMPREHENSIVE CARE AND SERVICES FOR PEOPLE LIVING WITH MULTIPLE SCLEROSIS, CEREBRAL PALSY, SPINAL CORD INJURIES AND OTHER NEUROLOGICAL DISORDERS RESULTING IN SOME LEVEL OF PARALYSIS AND MOBILITY IMPAIRMENT. FROM ADAPTED TECHNOLOGY, INDEPENDENT LIVING APARTMENTS, AND OTHER COMMUNITY-BASED PROGRAMMING, TO LONG-TERM CARE INGLIS MEETS THE NEEDS OF THE PEOPLE WE SERVE ALONG THE CONTINUUM OF CARE. INGLIS HAS THREE KEY AREAS OF PROGRAMMATIC FOCUS UNDER THE "PARENT" OF INGLIS FOUNDATION, INCLUDING: INGLIS COMMUNITY SERVICES, A COLLECTION OF PROGRAMS THAT SUPPORT PEOPLE WITH DISABILITIES WHO CHOOSE TO LIVE INDEPENDENTLY IN THE COMMUNITY; INGLIS HOUSING CORPORATION, THE LARGEST PRIVATE DEVELOPER IN THE PHILADELPHIA AREA OF AFFORDABLE, ACCESSIBLE INDEPENDENT LIVING APARTMENTS FOR PEOPLE WITH DISABILITIES; AND INGLIS HOUSE, A LONG-TERM CARE FACILITY FOR ADULTS 21 OR BETTER. ALL OF THESE SERVICES ARE SUPPORTED WITH INGLIS' THOUGHT LEADERSHIP AND EXPERTISE IN ASSISTIVE TECHNOLOGY AS WELL AS A COMMITMENT TO PERSON-CENTERED CARE. INGLIS SERVES MORE THAN 3,000 PEOPLE DIRECTLY, AND MANY MORE INDIRECTLY THROUGH ITS WEBSITE, WWW.INGLIS.ORG, AND OTHER OUTREACH ACTIVITIES SUPPORTING ITS MISSION TO "ENABLE PEOPLE WITH DISABILITIES AND THOSE WHO CARE FOR THEM TO ACHIEVE THEIR GOALS AND LIVE LIFE TO THE FULLEST."INGLIS HOUSING CORPORATION (DEVELOPMENT AND MANAGEMENT OF ACCESSIBLE, AFFORDABLE HOUSING):FOR NEARLY HALF A CENTURY, INGLIS HOUSING CORPORATION (IHC) HAS BEEN COMMITTED TO DEVELOPING AFFORDABLE, ACCESSIBLE INDEPENDENT LIVING APARTMENT COMMUNITIES. SINCE BUILDING ITS FIRST HOUSING COMMUNITY IN 1975 (THE MORRIS-KLEIN APARTMENTS) ON THE GROUNDS OF INGLIS'S BELMONT AVENUE LOCATION, IHC, A SUBSIDIARY OF INGLIS FOUNDATION, HAS BEEN STRIVING TO MAKE HOUSING COMMUNITIES WHERE PEOPLE WITH DISABILITIES CAN HAVE THAT SPECIAL FEELING OF BEING HOME. NOW, IHC IS THE LARGEST PRIVATE DEVELOPER OF AFFORDABLE, ACCESSIBLE HOUSING IN THE REGION WITH 13 COMMUNITIES REPRESENTING 338 ACTIVELY MANAGED AND 88 DEVELOPED UNITS AS OF 2022. THESE COMMUNITIES ARE LOCATED THROUGHOUT GREATER PHILADELPHIA AND IN NEW JERSEY AND PROVIDE ACCESSIBLE HOUSING TO PEOPLE WITH DISABILITIES, AS WELL AS AFFORDABLE HOUSING FOR COMMUNITY RESIDENTS. IHC HAS RECEIVED NUMEROUS AWARDS AND CITATIONS RECOGNIZING ITS COMMUNITIES, WHICH CONSISTENTLY SCORE ABOVE 90% IN REAL ESTATE ASSESSMENT CENTER INSPECTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Logue Chair | OfficerTrustee | 0.1 | $0 |
Denise Marbach Treasurer | OfficerTrustee | 0.1 | $0 |
Ellen Pulver Flatt Secretary | OfficerTrustee | 0.1 | $0 |
Laval Miller-Wilson Director | Trustee | 0.1 | $0 |
Anwesha Dutta Vice Chair | OfficerTrustee | 0.1 | $0 |
Fady Sahhar Director | Trustee | 0.1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Benchmark Construction Group General Contractor | 6/29/22 | $200,720 |
Diamond And Associates Inc Consulting | 6/29/22 | $144,224 |
Flatiron Building Company General Contractor | 6/29/22 | $109,817 |
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 | $2,100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,100 |
Total Program Service Revenue | $1,163,171 |
Investment income | $72,002 |
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 | $1,237,273 |
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. | $253,883 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $251,987 |
Pension plan accruals and contributions | $7,868 |
Other employee benefits | $56,240 |
Payroll taxes | $32,481 |
Fees for services: Management | $22,380 |
Fees for services: Legal | $3,012 |
Fees for services: Accounting | $4,048 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $341,505 |
Advertising and promotion | $0 |
Office expenses | $32,017 |
Information technology | $10,178 |
Royalties | $0 |
Occupancy | $58,398 |
Travel | $1,232 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,569 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,440 |
Insurance | $117,213 |
All other expenses | $10,143 |
Total functional expenses | $1,864,929 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $5,312,598 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $10,636 |
Net Land, buildings, and equipment | $672,003 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $112,500 |
Intangible assets | $0 |
Other assets | $2,243,604 |
Total assets | $8,351,341 |
Accounts payable and accrued expenses | $113,792 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $9,121 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $650,000 |
Other liabilities | $4,853,306 |
Total liabilities | $5,626,219 |
Net assets without donor restrictions | $2,725,122 |
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 | $8,351,341 |