Fund For Public Housing Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (L11) the organization is classified as: Single Organization 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. Fund For Public Housing 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 12/2021, Fund For Public Housing Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 19.5% 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.
Since 2017, Fund For Public Housing Inc has awarded 37 individual grants totaling $1,645,498. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND FOR PUBLIC HOUSING CREATES AND LEVERAGES RESOURCES AND RELATIONSHIPS TO ENHANCE THE OPPORTUNITIES AND QUALITY OF LIFE FOR NEW YORK CITY HOUSING RESIDENTS, WHILE UPLIFTING THE IMPORTANCE OF PUBLIC HOUSING TO OUR CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS FOCUS IS TO SUPPORT PROGRAMS IN THE THREE AREAS OF LEADERSHIP DEVELOPMENT, WORKFORCE SKILLS & ECONOMIC MOBILITY, AND COMMUNITY HEALTH FOR OUR RESIDENTS AT NYCHA, TO ENABLE AND EMPOWER THEM TO REACH THEIR FULL POTENTIAL. PROGRAMMATIC INVESTMENTS FROM THE FUND'S INCLUDE THE FOLLOWING INITIATIVES:* YOUTH LEADERSHIP PROGRAMS* NYCHA RESIDENT TRAINING ACADEMY* NYCHA RESIDENT SMALL BUSINESS DEVELOPMENT * SCHOLARSHIPS FOR NYCHA RESIDENTS ATTENDING CUNY SCHOOLS* CREATION OF CONNECTED COMMUNITIES, INCLUDING NEW DESIGN GUIDELINES FOR NYCHA RENOVATION WORKOUTCOMES OF THE ABOVE PROGRAMS INCLUDE:1. CUNY SCHOLARSHIPSANNUALLY 10-15 CUNY STUDENTS LIVING IN PUBLIC HOUSING RECEIVED SCHOLARSHIPS TO SUPPORT THEIR STUDIES. WHILE PUBLIC HOUSING RESIDENTS ARE TYPICALLY ELIGIBLE FOR FULL TUITION ASSISTANCE AT CUNY SCHOOLS, MANY OF THEM DO NOT HAVE THE RESOURCES TO PAY FOR ALL OF THEIR OTHER EDUCATIONAL NEEDS, SUCH AS COURSE MATERIALS, PREP COURSES, TUTORING, CHILDCARE, TRANSPORTATION EXPENSES, AND GRADUATE/PROFESSIONAL SCHOOL APPLICATIONS. ALL SCHOLARSHIP RECIPIENTS MAINTAINED THEIR ENROLLMENT STATUS WITH A MINIMUM OF A 3.0 GRADE POINT AVERAGE AFTER THE FIRST SEMESTER OF THEIR SCHOLARSHIP AND ARE CURRENTLY WORKING THROUGH THE SECOND SEMESTER.2. YOUTH DEVELOPMENT YOUTH LEADERSHIP COUNCILS HAVE BEEN CREATED TO REPRESENT THE GEOGRAPHICAL AREAS IN WHICH PUBLIC HOUSING IS LOCATED ACROSS THE FIVE BOROUGHS. ALL OF THE COUNCILS INITIATED PLANNING PROJECTS TO IMPROVE THEIR COMMUNITIES, DEVELOPED IN COLLABORATION WITH OTHER COMMUNITY MEMBERS AND ADULT RESIDENT ASSOCIATION LEADERS. THESE YOUNG RESIDENTS ARE DEVELOPING THEIR LEADERSHIP SKILLS, LEARNING HOW TO MANAGE MONEY, AND EXECUTING PROJECTS.3. CONNECTED COMMUNITIES DESIGN GUIDELINES: NEW DESIGN GUIDELINES FOR NYCHA RENOVATIONS HAVE BEEN PUBLISHED THAT REFLECT THE SUSTAINABILITY, ACCESSIBILITY, AND AESTHETIC CONCERNS OF RESIDENTS. THEY ARE NOW BEING INCORPORATED INTO PLANNED DEVELOPMENT REHABILITATION WORK BY NYCHA STAFF AND CONTRACTORS.4. NYCHA RESIDENT TRAINING ACADEMYIN PARTNERSHIP WITH THE ROBIN HOOD FOUNDATION AND BROOKLYN WORK INNOVATION PLUS CUNY TECH, NEARLY 3,000 RESIDENTS HAVE BEEN TRAINED AND PLACED IN NYCHA JOBS AND CAREERS. 5. SMALL BUSINESS DEVELOPMENTBUSINESS PATHWAYS PROGRAM WAS INITIATED TO TRAIN RESIDENTS IN STARTING THEIR OWN BUSINESSES IN FOOD, CATERING AND CHILD CARE PLUS STRATEGIES TO ACCESS MARKETS. NYCHA VISIBILITY AND IMPORTANCE TO NYC IN ADDITION TO PROGRAMMATIC INVESTMENTS, THE FUND PROMOTES THE IMPORTANCE OF PUBLIC HOUSING TO OUR CITY AND IS DEVELOPING STRATEGIES TO FEATURE OUR RESIDENT STORIES , INCLUDING OUR ALUMNI. THE FUND IS BUILDING A COMMON IDENTITY TO CREATE A COMMUNITY OF SUPPORTERS THAT WILL CELEBRATE THEIR SHARED CONNECTION TO NYCHA, FIGHT THE STIGMA OF PUBLIC HOUSING, AND INVEST NEW RESOURCES TO IMPROVE PUBLIC HOUSING COMMUNITIES. THERE ARE COUNTLESS STORIES TO BE TOLD WITHIN NYCHA DEVELOPMENTS, AROUND NEW YORK CITY THAT ILLUSTRATE THE DIVERSITY, VITALITY, AND VALUE OF PUBLIC HOUSING RESIDENTS, WHO REPRESENT 1 IN 15 NEW YORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Russ Chairman | OfficerTrustee | 1 | $0 |
Paula Gavin President | OfficerTrustee | 1 | $0 |
Branda Ayo Director | Trustee | 1 | $0 |
Ivy Newman Director | Trustee | 1 | $0 |
Diallo Powell Director | Trustee | 1 | $0 |
Jeff Lindor 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 | $2,190,400 |
Noncash contributions included in lines 1a–1f | $703,300 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,190,400 |
Total Program Service Revenue | $0 |
Investment income | $135 |
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 | $2,190,535 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $171,301 |
Grants and other assistance to domestic individuals. | $36,352 |
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 | $237,160 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $149,650 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $1,491 |
All other expenses | $9,553 |
Total functional expenses | $2,063,337 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $954,328 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $58,793 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,013,121 |
Accounts payable and accrued expenses | $73,339 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $73,339 |
Net assets without donor restrictions | $26,909 |
Net assets with donor restrictions | $912,873 |
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 | $1,013,121 |
Over the last fiscal year, Fund For Public Housing Inc has awarded $171,301 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
NYC HOUSING AUTHORITY PURPOSE: Boiler/crockpot/mentoring | $74,773 |
New York, NY | | $33,028 |
KINGS AGAINST VIOLENCE INITI PURPOSE: Community Youth Healer Training | $30,000 |
CUNY SCHOLARSHIPS PURPOSE: Scholarships | $23,500 |
Brooklyn, NY | | $10,000 |
Over the last fiscal year, we have identified 1 grants that Fund For Public Housing Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Mayer Foundation New York, NY PURPOSE: GENERAL WELFARE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Jhl Corporate Services Inc New York, NY | $9,131,851 | $18,454,146 |
Madison Park Development Corporation Roxbury, MA | $51,356,053 | $9,046,088 |
Neighborhood Renewal Housing Development Fund Corporation New York, NY | $300,253,945 | $3,393,057 |
Jpc Affordable Housing Foundation Inc Newark, NJ | $16,189,985 | $7,541,928 |
Rth Mission Park Realty Corporation Boston, MA | $107,143,093 | $17,493,070 |
Presbyterian Seniorcare Foundation Oakmont, PA | $8,697,066 | $4,349,220 |
Jasa Housing Management Services For The Aged Inc New York, NY | $1,639,951 | $4,107,455 |
N Woodburn Nichols Foundation Inc Groveland, MA | $40,329,040 | $1,703,919 |
Fund For Public Housing Inc New York, NY | $1,013,121 | $2,190,535 |
Kendal New York Sleepy Hollow, NY | $0 | $1,764,852 |
Ehca Foundation Erie, PA | $9,325,618 | $619,289 |
89 South Care Support Inc Pittsfield, MA | $26,959,750 | $1,785,474 |