Gideon Lodge 140 Bnai Brith Housing Foundation Inc
- Assets
- $7.7m
- Revenue
- $392.0k
- Investments
- $7.7m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 06/1973
- Data as of
- 12/2022
- EIN
- 23-7329471
Organization Overview
Gideon Lodge 140 Bnai Brith Housing Foundation Inc is located in Albany, NY. The organization was established in 1973. 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. Gideon Lodge 140 Bnai Brith Housing Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Gideon Lodge 140 Bnai Brith Housing Foundation Inc has awarded 124 individual grants totaling $1,988,193. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE FOUNDATION IS TO GRANT FUNDS TO 501(C)3 / NOT-FOR-PROFIT ORGANIZATIONS WHICH SPONSOR CERTAIN HOUSING RELATED PROGRAMS IN THE CAPITAL AREA OF NEW YORK STATE. MORE SPECIFICALLY, THE FOUNDATION PROVIDES SUPPORT TO RESIDENTS OF LOW INCOME RENTAL HOUSING BY PROVIDING GRANTS TO FUND, AMONG OTHER THINGS, RENT ACCOMMODATIONS AND RELATED SOCIAL AND RECREATIONAL FACILITIES. THROUGH B'NAI B'RITH'S RELATIONSHIP WITH THE COMMUNITY FOUNDATION OF THE GREATER CAPITAL REGION (CFGCR), CERTAIN PRELIMINARY COMPETITIVE GRANT CYCLE WORK EFFORTS, INCLUDING THE INITIAL REVIEW OF GRANT APPLICATIONS, AN ANALYSIS OF GRANTEE NEEDS AND PAST PERFORMANCE, FOLLOW-UP GRANTEE REPORTING AND THE INITIAL DETERMINATION OF GRANT RANKINGS ARE PERFORMED BY CFGCR. FINAL AWARD DECISIONS ARE COMPLETED BY THE B'NAI B'RITH GRANTS COMMITTEE AND, SUBSEQUENTLY, ITS BOARD OF DIRECTORS. IN 2022, $377,000 IN GRANTS WERE AWARDED TO 24 COMMUNITY ORGANIZATIONS IN SUPPORT OF HOUSING RELATED PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Sax President | 1 | $0 | |
Illene Sykes First Vice-President | 1 | $0 | |
William Kahn Treasurer | 1 | $0 | |
Arthur Alowitz Secretary | 1 | $0 | |
William Golderman Second Vice-President | 1 | $0 | |
Ronald Greenberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $214,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,751 |
| Capital Gain Net Income | $177,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $392,035 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,418 |
| Total operating and administrative expenses | $62,604 |
| Contributions, gifts, grants paid | $377,000 |
| Total expenses and disbursements | $439,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,795 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,701,621 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gideon Lodge 140 Bnai Brith Housing Foundation Inc has awarded $377,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALBANY COMMUNITY LAND TRUST PURPOSE: RESTRICTED PROGRAM GRANT | $10,000 |
ALBANY JEWISH COMMUNITY CENTER PURPOSE: RESTRICTED PROGRAM GRANT | $25,000 |
BETTER COMMUNITY NEIGHBORHOODS INC PURPOSE: RESTRICTED PROGRAM GRANT | $20,000 |
CAPITAL ROOTS INC PURPOSE: RESTRICTED PROGRAM GRANT | $15,000 |
CHABAD LUBAVITCH OF SARATOGA COUNTY PURPOSE: RESTRICTED PROGRAM GRANT | $5,000 |
FAMILY PROMISE OF THE CAPITAL REGION PURPOSE: RESTRICTED PROGRAM GRANT | $10,000 |