Rochester Housing Charities Inc
- Assets
- $5.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 13
- Location
- Rochester, NY
- Founding
- 01/2014
- Data as of
- 09/2021
- EIN
- 45-4901338
Organization Overview
Rochester Housing Charities Inc is located in Rochester, NY. 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. As of 09/2021, Rochester Housing Charities Inc employed 13 individuals. This organization is the central organization for a national or regional group of organizations. Rochester Housing Charities 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 09/2021, Rochester Housing Charities Inc generated $1.1m in total revenue. All expenses for the organization totaled $963.4k during the year ending 09/2021. While expenses have increased by 46.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROCHESTER HOUSING CHARITIES, INC. PROVIDES SERVICES TO THE ELDERLY AND DISABLED AND FAMILIES THROUGH ITS OPERATION AND MANAGEMENT OF APPROXIMATELY 160 LOW-INCOME RESIDENTIAL UNITS IN THE GREATER ROCHESTER AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Van Alstyne Through 820 Executive Director | Officer | 1 | $55,210 |
Maurice Mckenzie Treasurer | OfficerTrustee | 1 | $0 |
Hiawatha Franklin Treasurer | OfficerTrustee | 1 | $0 |
Morris Moore President | OfficerTrustee | 1 | $0 |
David Randolph Board Member | Trustee | 1 | $0 |
Arnita Thomas-Mcmillon Secretary | Trustee | 1 | $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 | $1,093,979 |
| Investment income | $604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,933 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,097,418 |
| 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. | $50,256 |
| Compensation of current officers, directors, key employees. | $25,128 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,372 |
| Pension plan accruals and contributions | $1,883 |
| Other employee benefits | $12,717 |
| Payroll taxes | $19,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,984 |
| Fees for services: Accounting | $6,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,407 |
| Advertising and promotion | $10 |
| Office expenses | $133,229 |
| Information technology | $12,717 |
| Royalties | $0 |
| Occupancy | $184,657 |
| Travel | $954 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $12,887 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,991 |
| Insurance | $49,974 |
| All other expenses | $0 |
| Total functional expenses | $963,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $499,470 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,166,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,807 |
| Total assets | $5,678,823 |
| Accounts payable and accrued expenses | $2,599 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $22,347 |
| 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 | $300,000 |
| Total liabilities | $324,946 |
| Net assets without donor restrictions | $5,353,877 |
| 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 | $5,678,823 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Aspire Of Western New York Inc Getzville, NY | $37,144,710 | $73,972,719 |
Allegheny Council To Improve Our Neighborhoods-Housing Incorporated Pittsburgh, PA | $58,739,057 | $67,049,805 |
Commission On Economic Opportunity Of Luzerne County Wilkesbarre, PA | $24,684,280 | $41,061,242 |
Community First Fund Lancaster, PA | $129,035,730 | $44,963,943 |
Neighborhood Assistance Corporation Of America Boston, MA | $267,784,866 | $49,655,624 |
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
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Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
Springpoint Senior Living Inc Cherry Hill, NJ | $72,542,176 | $10,591,630 |