Second Henry Street Housing Development Fund Corp
- Assets
- $5.2m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2003
- Data as of
- 06/2021
- EIN
- 47-0859350
Organization Overview
Second Henry Street Housing Development Fund Corp is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Second Henry Street Housing Development Fund Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SECOND HENRY STREET HOUSING DEVELOPMENT FUND CORPORATION WAS ORGANIZED FOR THE CHARITABLE PURPOSE OF OWNING AND CONSTRUCTING A HOUSING PROJECT FOR PERSONS AND/OR FAMILIES OF LOW INCOME, WHICH PROVIDES TEMPORARY HOUSING FACILITIES FOR PERSONS IN NEED OF SUCH ACCOMMODATIONS. THE OPERATIONS OF THE HOUSING PROJECT ARE OPERATED BY HENRY STREET SETTLEMENT, A RELATED NOT-FOR-PROFIT ORGANIZATION WITH FUNDING FROM THE NEW YORK CITY DEPARTMENT OF HOMELESS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian D Highet Co-Chairman | 1 | $0 | |
David Garza Executive Director | 1 | $0 | |
Josephine Lume CFO | 1 | $0 | |
Scott L Swid Co-Chairman | 1 | $0 | |
Jane R Lockshin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $257,113 |
| Taxes | $0 |
| Depreciation | $184,122 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $441,235 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $441,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $5,189,544 |
| Other assets | $0 |
| Total assets | $5,189,544 |
| Accounts payable and accrued expenses | $687,417 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $7,911,173 |
| Other liabilities | $69,136 |
| Total liabilities | $8,667,726 |
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|---|---|---|
Community Builders Inc Boston, MA | $148,217,575 | $87,790,279 |
Doe Fund Inc New York, NY | $135,128,444 | $76,076,390 |
First Chinese Presbyterian Community Affairs Home Attendant C New York, NY | $26,741,134 | $40,973,137 |
Corporation For Supportive Housing New York, NY | $191,922,281 | $44,983,722 |
Community Options New York Inc Princeton, NJ | $30,057,554 | $34,330,215 |
Lantern Community Services Inc New York, NY | $8,603,902 | $30,172,757 |
Pathstone Corporation Rochester, NY | $88,645,469 | $21,347,590 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Services For The Underserved Inc New York, NY | $8,662,192 | $15,624,121 |
Hudson River Housing Poughkeepsie, NY | $27,296,400 | $16,670,773 |
Division Housing Corporation Brooklyn, NY | $37,066,960 | $16,618,579 |
Cambridge Affordable Housing Corporation Cambridge, MA | $128,682,054 | $13,147,216 |