People For Better Housing Inc
- Assets
- $2.7m
- Revenue
- $843.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Federalsburg, MD
- Founding
- 05/1978
- Data as of
- 12/2021
- EIN
- 52-1110633
Organization Overview
People For Better Housing Inc is located in Federalsburg, MD. The organization was established in 1978. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, 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. People For Better 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, People For Better Housing Inc generated $843.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $759.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES HOUSING FOR LOW TO MODERATE INCOME FAMILIES. THERE ARE 3 PROJECTS WITH 73 TOTAL UNITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cederick Turner President | 0 | $0 | |
Zea Washington Vice Pres/tr | 0 | $0 | |
Lametha Elbert Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,784 |
| Interest on Savings | $146 |
| 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 | $841,111 |
| Total Revenue | $843,041 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $123,534 |
| Pension plans, employee benefits | $31,846 |
| Interest | $31,763 |
| Taxes | $56,824 |
| Depreciation | $133,967 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,391 |
| Printing and publications | $0 |
| Other expenses | $359,106 |
| Total operating and administrative expenses | $759,319 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $759,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,325 |
| Savings and temporary cash investments | $342,113 |
| 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 | $2,096,758 |
| Other assets | $10,955 |
| Total assets | $2,677,151 |
| Accounts payable and accrued expenses | $38,475 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $2,337,778 |
| Other liabilities | $45,320 |
| Total liabilities | $2,421,573 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hudson Institute Inc Washington, DC | $103,422,402 | $23,200,201 |
National Multifamily Housing Council Washington, DC | $15,861,846 | $14,556,051 |
National Council Of State Housing Agencies Washington, DC | $16,728,436 | $4,863,246 |
Arda Resort Owners Coalition Washington, DC | $8,056,340 | $3,424,465 |
Help Initiative Inc Dover, DE | $33,313 | $1,665,509 |
Home Building Association Of Richmond Richmond, VA | $4,565,404 | $1,552,331 |
National Housing Endowment A Nonprofit Corporation Washington, DC | $31,315,078 | $3,340,023 |
Coalition For Housing Opportunities Inc Winchester, VA | $1,363,729 | $1,242,858 |
The Affordable Housing Tax Credit Coalition Wahington, DC | $1,568,164 | $1,292,671 |
People For Better Housing Inc Federalsburg, MD | $2,677,151 | $843,041 |
Crawford County Coalition On Housing Needs Inc Meadville, PA | $654,926 | $244,715 |
Northern Virginia Affordable Housing Alliance Alexandria, VA | $100,356 | $231,820 |