Southampton Community Housing And Development Corp
- Assets
- $71.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton Bays, NY
- Founding
- 03/2008
- Data as of
- 12/2018
- EIN
- 26-0452014
Organization Overview
Southampton Community Housing And Development Corp is located in Hampton Bays, NY. The organization was established in 2008. 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. Southampton Community Housing And Development 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 12/2018, Southampton Community Housing And Development Corp generated $39.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $28.9k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (30.8%) per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE LAWFUL PUBLIC OBJECTIVE OF RELIEVING THE CONGESTION AND OVERCROWDING IN HOUSING AMONG PERSONS OF LOW INCOME IN THE TOWN OF SOUTHAMPTON AND THE VICINITY THEREOF IN SUFFOLK COUNTY BY INCREASING HOUSING OPPORTUNITIES, RELATED SERVICES, EMPLOYMENT TRAINING OR OPPORTUNITIES AND EDUCATIONAL SELF HELP OPPORTUNITIES FOR FAMILIES OF LOW OR MODERATE INCOME RELATED TO PROMOTING AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE LAWFUL PUBLIC OBJECTIVE OF RELIEVING THE CONGESTION AND OVERCROWDING IN HOUSING AMONG PERSONS OF LOW INCOME IN THE TOWN OF SOUTHAMPTON AND THE VICINITY THEREOF IN SUFFOLK COUNTY BY INCREASING HOUSING OPPORTUNITIES, RELATED SERVICES, EMPLOYMENT TRAINING OR OPPORTUNITIES AND EDUCATIONAL SELF HELP OPPORTUNITIES FOR FAMILIES OF LOW OR MODERATE INCOME RELATED TO PROMOTING AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Cannon President | OfficerTrustee | 1 | $0 |
Barbara Fair Treasurer | OfficerTrustee | 1 | $0 |
Bill Chaleff Member | Trustee | 1 | $0 |
Zach Epley Member | Trustee | 1 | $0 |
Ronald Fisher Member | Trustee | 1 | $0 |
Dan Gasby Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,500 |
| Other Revenue | $0 |
| Total Revenue | $39,215 |
| Statement of Expenses | |
|---|---|
| Total expenses | $28,928 |
| Balance Sheet | |
|---|---|
| Total assets | $71,219 |
| Total liabilities | $827 |
| Net assets or fund balances | $70,392 |
Grants Awarded
Over the last fiscal year, Southampton Community Housing And Development Corp has awarded $158,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEIKE FRANZEN PURPOSE: Buyer benefit of affordable housing | $54,000 |
ROBERT CARPENTER PURPOSE: Buyer benefit of affordable housing | $54,000 |
SHARON CAMPUZANO PURPOSE: Buyer benefit of affordable housing | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ndc Housing And Economic Development Corporation Brooklyn, NY | $24,571,760 | $10,401,743 |
Habitat For Humanity International Inc Maple Shade, NJ | $11,003,483 | $12,605,455 |
Greater Berks Development Fund Reading, PA | $39,552,158 | $9,719,449 |
Crotona Park West Housing Development Fund Corporation New York, NY | $24,353,081 | $7,261,955 |
Evergreen Estates Housing Development Fund Company Inc New York, NY | $7,286,125 | $3,876,768 |
Bushwick United Housing Development Fund Corporation Brooklyn, NY | $1,708,540 | $8,681,801 |
Settlement Housing Fund Inc New York, NY | $50,728,547 | $11,765,294 |
Habitat For Humanity International Inc Philadelphia, PA | $20,358,278 | $15,243,125 |
Associated Blind Housing Development Fund Inc Suffern, NY | $60,912,247 | $8,378,742 |
Housing Plus Solutions Inc Brooklyn, NY | $3,042,973 | $8,488,252 |
Owl Tallahassee Housing Inc Boston, MA | $28,680,052 | $6,023,225 |
Lgarpa Corp Turtle Creek, PA | $11,929,864 | $9,395,264 |