Rochester Housing Charities Inc
- Assets
- $5.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Rochester, NY
- Founding
- 01/2014
- Data as of
- 09/2023
- 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 09/2023, Rochester Housing Charities Inc employed 5 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 09/2023, Rochester Housing Charities Inc generated $1.2m in total revenue. All expenses for the organization totaled $1.3m during the year ending 09/2023. While expenses have increased by 54.1% 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
2023
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 |
|---|---|---|---|
Addie S Sturgis Director | OfficerTrustee | 1 | $0 |
Arnita Thomas-Mcmillon President | Trustee | 1 | $0 |
Bryan Smith Director | Trustee | 1 | $0 |
Caroline Logins Treasurer | OfficerTrustee | 1 | $0 |
Cynthia Herriott Director | Trustee | 1 | $0 |
Earl Storrs Director | OfficerTrustee | 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 | $1,213,363 |
| Investment income | $652 |
| 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 | $1,215,278 |
| 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. | $87,388 |
| Compensation of current officers, directors, key employees. | $43,694 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,523 |
| Pension plan accruals and contributions | $7,021 |
| Other employee benefits | $6,600 |
| Payroll taxes | $18,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,685 |
| Fees for services: Accounting | $45,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,106 |
| Advertising and promotion | $0 |
| Office expenses | $46,275 |
| Information technology | $7,537 |
| Royalties | $0 |
| Occupancy | $472,008 |
| Travel | $2,860 |
| 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 | $154,148 |
| Insurance | $9,525 |
| All other expenses | $0 |
| Total functional expenses | $1,317,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $739,604 |
| 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 | $5,551 |
| Net Land, buildings, and equipment | $4,889,383 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,020 |
| Total assets | $5,649,558 |
| Accounts payable and accrued expenses | $11,876 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $21,635 |
| 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 | $333,511 |
| Net assets without donor restrictions | $5,316,047 |
| 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 | $5,649,558 |