Relocation Housing Corporation
- Assets
- $918.2k
- Revenue
- $63.0
- Investments
- $0.0
- Employees
- 1
- Location
- Towson, MD
- Founding
- 07/1964
- Data as of
- 12/2021
- EIN
- 52-0792830
Organization Overview
Relocation Housing Corporation is located in Towson, MD. The organization was established in 1964. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Relocation Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Relocation Housing Corporation generated $63.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (54.0%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2021. 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 ASSIST IN PROVIDING LOW-INCOME HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND GRANTS MADE TO ORGANIZATIONS WHO ASSIST IN PROVIDING LOW-INCOME HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Scott Pugatch Trustee/president | OfficerTrustee | 5 | $11,590 |
Polly P Senker Trustee/vp/secretary | OfficerTrustee | 1 | $0 |
Allan H Senker Trustee/treasurer | OfficerTrustee | 1 | $0 |
Lorraine R Pugatch Trustee | 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 | $0 |
| Investment income | $63 |
| 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 | $63 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $11,590 |
| 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 | $1,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $664 |
| All other expenses | $31 |
| Total functional expenses | $37,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,044 |
| 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 | $0 |
| Investments—publicly traded securities | $791,775 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,352 |
| Total assets | $918,171 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,000 |
| 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 | $10,000 |
| Net assets without donor restrictions | $908,171 |
| 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 | $918,171 |
Grants Awarded
Over the last fiscal year, Relocation Housing Corporation has awarded $50,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Owings Mills, MD PURPOSE: TO ASSIST IN PROVIDING LOW-INCOME HOUSING | $25,000 |
Owings Mills, MD PURPOSE: TO ASSIST IN PROVIDING LOW-INCOME HOUSING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Owners & Managers Association International Washington, DC | $10,066,199 | $10,463,881 |
Pradera Corporation Philadelphia, PA | $3,527,505 | $9,032,798 |
Association Of Home Appliance Manufacturers Washington, DC | $12,645,555 | $8,881,319 |
Cecelia Housing Inc Bethesda, MD | $234,000 | $4,045,313 |
Kingstowne Residential Owners Corporation Alexandria, VA | $8,910,767 | $6,278,825 |
Burke Centre Conservancy Burke, VA | $14,310,013 | $6,077,723 |
The Fairness Project Washington, DC | $1,253,311 | $5,316,361 |
Aquia Harbour Property Owners Association Inc Stafford, VA | $11,909,044 | $4,683,038 |
Stone Ridge Association Inc Stone Ridge, VA | $6,806,491 | $4,345,999 |
Intellectual Property Owners Association Washington, DC | $8,094,765 | $4,784,749 |
Delaware Standardbred Owners Association Inc Dover, DE | $7,923,561 | $1,227,803 |
National Home Infusion Association Alexandria, VA | $2,376,501 | $3,671,992 |