Allentown Bnai Brith Housing Corp is located in Allentown, PA. The organization was established in 1979. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Allentown Bnai Brith Housing Corp employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allentown Bnai Brith Housing Corp 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, Allentown Bnai Brith Housing Corp generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 0.3% 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
TO PROVIDE SUBSIDIZED HOUSING TO THE ELDERLY AND MOBILITY IMPAIRED THROUGH THE U.S. DEPART. OF HUD
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUBSIDIZED HOUSING TO THE ELDERLY AND MOBILITY IMPAIRED THROUGH US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Saenz Manager | Officer | 40 | $84,241 |
Robert Sipos Administrator | Officer | 20 | $31,931 |
Marjorie Forgosh Secretary | OfficerTrustee | 2 | $0 |
Ronald Smoll Treasurer | OfficerTrustee | 2 | $0 |
Barbra Butz President | OfficerTrustee | 3 | $0 |
Ari Forgosh Vice President | OfficerTrustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,988,216 |
Investment income | $13,038 |
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 | $3,117,871 |
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. | $176,928 |
Compensation of current officers, directors, key employees. | $176,928 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $660,186 |
Pension plan accruals and contributions | $39,127 |
Other employee benefits | $196,237 |
Payroll taxes | $59,584 |
Fees for services: Management | $10,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $21,134 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,524 |
Office expenses | $62,502 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,317,380 |
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 | $426,068 |
Insurance | $0 |
All other expenses | $21,195 |
Total functional expenses | $2,992,865 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $54,078 |
Savings and temporary cash investments | $1,807,096 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $42,323 |
Net Land, buildings, and equipment | $5,178,951 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $514,587 |
Intangible assets | $0 |
Other assets | $34,423 |
Total assets | $7,631,458 |
Accounts payable and accrued expenses | $44,130 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $8,902,278 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $38,364 |
Total liabilities | $8,984,772 |
Net assets without donor restrictions | -$1,353,314 |
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 | $7,631,458 |
Organization Name | Assets | Revenue |
---|---|---|
Meadows Standardbred Owners Association Meadow Lands, PA | $2,546,597 | $10,372,771 |
Womens Prison Association And Home New York, NY | $6,652,586 | $9,309,545 |
Pradera Corporation Philadelphia, PA | $3,527,505 | $9,032,798 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Homes For The Homeless Institute Inc New York, NY | $69,885,275 | $9,054,313 |
Community Housing Solutions Cleveland, OH | $1,275,833 | $5,883,143 |
Delaware Standardbred Owners Association Inc Dover, DE | $7,923,561 | $1,227,803 |
King Farm Citizens Assembly Inc Rockville, MD | $5,618,346 | $3,623,136 |
Bucks County Housing Group Inc Warminster, PA | $3,270,461 | $3,883,677 |
Monmouth Council No 9 Civil Service Association Housing Corporation Asbury Park, NJ | $13,033,199 | $4,484,843 |
Allentown Bnai Brith Housing Corp Allentown, PA | $7,631,458 | $3,117,871 |
Easton Association Inc Columbus, OH | $1,520,434 | $3,359,729 |