Cobbs Creek Housing Services Inc is located in Boothwyn, PA. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cobbs Creek Housing Services 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, Cobbs Creek Housing Services Inc generated $761.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $817.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EMERGENCY SHELTER TO ECONOMICALLY DISADVANTAGED AND DISPLACED RESIDENTS OF DELAWARE COUNTY, PA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED ECONOMICALLY DISADVANTAGED AND DISPLACED RESIDENTS OF DELAWARE COUNTY, PA BY PROVIDING EMERGENCY SHELTER SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward T Coleman President | OfficerTrustee | 1 | $0 |
Kathleen G Dawson Board Member | Trustee | 1 | $0 |
William J Tylson Secretary/tr | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $628,620 |
All other contributions, gifts, grants, and similar amounts not included above | $132,701 |
Noncash contributions included in lines 1a–1f | $118,943 |
Total Revenue from Contributions, Gifts, Grants & Similar | $761,321 |
Total Program Service Revenue | $0 |
Investment income | $22 |
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 | $761,343 |
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 | $292,233 |
Pension plan accruals and contributions | $3,943 |
Other employee benefits | $67,946 |
Payroll taxes | $21,110 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $62,558 |
Insurance | $32,500 |
All other expenses | $65,964 |
Total functional expenses | $817,515 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $131,820 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $138,210 |
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 | $0 |
Net Land, buildings, and equipment | $782,243 |
Investments—publicly traded securities | $0 |
Investments—other securities | $26,954 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,079,227 |
Accounts payable and accrued expenses | $52,580 |
Grants payable | $0 |
Deferred revenue | $78,901 |
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 | $202,956 |
Total liabilities | $334,437 |
Net assets without donor restrictions | $744,790 |
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 | $1,079,227 |