Public And Affordable Housing Research Corporation is located in Cheshire, CT. The organization was established in 2014. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Public And Affordable Housing Research 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 12/2022, Public And Affordable Housing Research Corporation generated $708.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $737.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDEPENDENT RESEARCH AND RELEVANT DATA TO SUPPORT THE EFFORTS OF THE PUBLIC AND AFFORDABLE HOUSING INDUSTRY AND ITS STAKEHOLDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROJECTS THAT INFORM AND EDUCATE RESIDENTS, OWNERS, OPERATORS, DEVELOPERS, VENDORS, AND REGULATORS OF PUBLIC AND AFFORDABLE HOUSING THROUGHOUT THE UNITED STATES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President And Chief Executive Officer | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Chair | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Abt Associates Inc Training Services | 12/30/17 | $112,685 |
Housing Authority Risk Retention Group Inc Management Services | 12/30/17 | $474,224 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $597,838 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $34,097 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $631,935 |
Total Program Service Revenue | $76,531 |
Investment income | $0 |
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 | $708,466 |
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 | $352,926 |
Pension plan accruals and contributions | $42,427 |
Other employee benefits | $75,785 |
Payroll taxes | $24,861 |
Fees for services: Management | $14,364 |
Fees for services: Legal | $2,552 |
Fees for services: Accounting | $18,366 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $25,030 |
Advertising and promotion | $18,864 |
Office expenses | $15,561 |
Information technology | $33,718 |
Royalties | $0 |
Occupancy | $8,878 |
Travel | $11,569 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,436 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,826 |
Insurance | $10,114 |
All other expenses | $10,036 |
Total functional expenses | $737,182 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $387,652 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,000 |
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 | $454 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $393,106 |
Accounts payable and accrued expenses | $83,385 |
Grants payable | $0 |
Deferred revenue | $391,150 |
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 | $82,642 |
Total liabilities | $557,177 |
Net assets without donor restrictions | -$164,071 |
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 | $393,106 |
Over the last fiscal year, Public And Affordable Housing Research Corporation has awarded $34,846 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NATIONAL ASSOCIATION OF HOUSING & REDEVELOPMENT OFFICIALS PURPOSE: Sponsorship contribution | $16,846 |
PUBLIC HOUSING AUTHORITIES DIRECTORS ASSOCIATION PURPOSE: Sponsorship Contribution | $18,000 |