Homes For Heroes Inc is located in Pearl River, NY. The organization was established in 2009. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes For Heroes 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 12/2020, Homes For Heroes Inc generated $137.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $159.3k during the year ending 12/2020. While expenses have increased by 1.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SAFE, DIGNIFIED AND SUPPORTIVE RENTAL APARTMENTS FOR VETERANS WHO ARE DISABLED OR DISPLACED IN THE SERVICE OF THE UNITED STATES OF AMERICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTIVE HOUSING INITIATIVE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hon John Murphy President | OfficerTrustee | 1 | $0 |
Tom Micelli Vice President | OfficerTrustee | 1 | $0 |
William Warren Treasurer | OfficerTrustee | 1 | $0 |
Carlos Martinez Director | Trustee | 1 | $0 |
Marty Wortendyke Director | Trustee | 1 | $0 |
John Manifold Director | Trustee | 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 | $46,170 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,170 |
Total Program Service Revenue | $0 |
Investment income | $344 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $91,201 |
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 | $137,715 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $28,229 |
Fees for services: Legal | $275 |
Fees for services: Accounting | $8,708 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,256 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $345 |
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 | $63,911 |
Insurance | $9,284 |
All other expenses | $6,975 |
Total functional expenses | $159,300 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $305,749 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,307 |
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 | $276,503 |
Net Land, buildings, and equipment | $1,465,033 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,060,592 |
Accounts payable and accrued expenses | $5,235 |
Grants payable | $0 |
Deferred revenue | $198 |
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 | $8,037 |
Total liabilities | $13,470 |
Net assets without donor restrictions | $1,969,662 |
Net assets with donor restrictions | $77,460 |
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 | $2,060,592 |
Over the last fiscal year, we have identified 1 grants that Homes For Heroes Inc has recieved totaling $22.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Organization Name | Assets | Revenue |
---|---|---|
Neighborhood Association For Inter Cultural Affairs Inc Bronx, NY | $108,593,584 | $80,687,284 |
Allston Brighton Comm Dev Corp Brighton, MA | $15,959,814 | $4,412,557 |
East Harlem Council For Community Improvement Inc New York, NY | $2,118,161 | $3,411,139 |
Warwick Valley Local Development Corporation Warwick, NY | $848,951 | $5,651,378 |
Radisson Community Association Inc Baldwinsville, NY | $3,036,076 | $2,758,047 |
Laura E Price Briggs Estate 4042008-Te Pittsburgh, PA | $36,510,296 | $1,566,500 |
Blue Hills Civic Association Incorporated Hartford, CT | $568,444 | $2,282,715 |
Southside Institutions Neighborhood Alliance Inc Hartford, CT | $5,370,562 | $1,765,981 |
Hidden Valley Foundation Inc Hidden Valley, PA | $3,819,746 | $2,615,880 |
Hazelwood Initiative Inc Pittsburgh, PA | $12,916,299 | $2,940,670 |
Community Housing Improvement Program Inc New York, NY | $2,216,727 | $1,575,020 |
Pennsylvania Apartment Association Bala Cynwyd, PA | $1,420,169 | $1,873,030 |