Nhs Stevens Housing Corporation
- Assets
- $419.8k
- Revenue
- $117.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette Hill, PA
- Founding
- 03/1995
- Data as of
- 06/2021
- EIN
- 25-1740509
Organization Overview
Nhs Stevens Housing Corporation is located in Lafayette Hill, PA. The organization was established in 1995. 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. Nhs Stevens 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 06/2021, Nhs Stevens Housing Corporation generated $117.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 53.3% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HOUSING FOR LOW INCOME PERSONS INCLUDING DISABLED AND DISADVANTAGED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERAKEY OFFERS A CONTINUUM OF CARE IN BEHAVIORAL HEALTH (INCLUDES MENTAL HEALTH AND ADDICTIVE DISEASES), INTEGRATING SERVICES IN COMMUNITY, RESIDENTIAL AND SITE BASED SETTINGS. THESE SERVICES PROVIDE A WIDE RANGE OF RECOVERY FOCUSED TREATMENT, SERVICES, AND SUPPORTS FOR CHILDREN AND ADULTS. NHS STEVENS HOUSING CORPORATION SUPPORTS THE MAINTENANCE OF A BUILDING THAT ALLOWS FOR THE PROVISION OF HOUSING THROUGH A COMMUNITY RESIDENTIAL REHABILITATION SITE. INDIVIDUALS ARE SUPPORTED IN THEIR ACTIVITIES OF DAILY LIVING IN ORDER TO BECOME MORE INDEPENDENT MEMBERS OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Yacovelli Secretary/treasurer/cfo | OfficerTrustee | 0.5 | $0 |
Joseph Martz President/ceo | OfficerTrustee | 0.5 | $0 |
Leah Pason Vice President | OfficerTrustee | 0.5 | $0 |
Robert Nix III ESQ Director | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $114,852 |
| Investment income | $1,194 |
| 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 | $117,454 |
| 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 | $26,684 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,411 |
| Payroll taxes | $920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,800 |
| 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 | $1,998 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $78,896 |
| Travel | $1 |
| 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 | $62,460 |
| Insurance | $5,295 |
| All other expenses | $25,520 |
| Total functional expenses | $219,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77 |
| Savings and temporary cash investments | $122,651 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,122 |
| 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 | $1,443 |
| Net Land, buildings, and equipment | $267,900 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,563 |
| Total assets | $419,756 |
| Accounts payable and accrued expenses | $746 |
| Grants payable | $0 |
| Deferred revenue | $3,298 |
| 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 | $622,653 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $267,920 |
| Total liabilities | $894,617 |
| Net assets without donor restrictions | -$474,861 |
| 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 | $419,756 |
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