Huntington Housing Inc
- Assets
- $7.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- North Bethesda, MD
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 52-1879282
Organization Overview
Huntington Housing Inc is located in North Bethesda, MD. The organization was established in 1998. According to its NTEE Classification (L80) the organization is classified as: Housing 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. Huntington 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, Huntington Housing Inc generated $2.1m 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 (19.3%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.4%) per year over the past 7 years. 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 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE AN AFFORDABLE HOUSING COMMUNITY FOR LOW-INCOME INDIVIDUALS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Travis President | Officer | 1 | $0 |
Benjamin Soto Director | Trustee | 1 | $0 |
John Parreco Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,097,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $481,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,578,829 |
| Total Program Service Revenue | $558,867 |
| Investment income | $106 |
| 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 | $2,137,802 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,148,134 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,988 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,628 |
| Payroll taxes | $10,707 |
| Fees for services: Management | $57,528 |
| Fees for services: Legal | $2,387 |
| Fees for services: Accounting | $26,741 |
| 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 | $521,720 |
| 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 | $156,639 |
| Insurance | $3,152 |
| All other expenses | $0 |
| Total functional expenses | $2,311,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $460,369 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,319 |
| 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 | $55,345 |
| Net Land, buildings, and equipment | $5,732,826 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,169,496 |
| Total assets | $7,451,355 |
| Accounts payable and accrued expenses | $75,370 |
| Grants payable | $0 |
| Deferred revenue | $109,007 |
| 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 | $10,515,286 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,745,128 |
| Total liabilities | $12,444,791 |
| Net assets without donor restrictions | -$4,993,436 |
| 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 | $7,451,355 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Huntington Housing Inc has recieved totaling $1,245,600.
| Awarding Organization | Amount |
|---|---|
Mission Housing Inc North Bethesda, MD PURPOSE: GENERAL SUPPORT | $1,245,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Counseling Services Inc Washington, DC | $4,430,833 | $16,498,572 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
People Incorporated Housing Group Abingdon, VA | $23,796,045 | $13,192,041 |
Manna Inc Washington, DC | $18,457,194 | $8,787,591 |
Habitat For Humanity International Inc Charlottesville, VA | $30,158,834 | $8,198,441 |
Housing Assistance Council Washington, DC | $50,242,099 | $11,554,116 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Echelon Housing Inc North Bethesda, MD | $23,861,150 | $4,416,757 |
Rebuilding Together Pittsburgh Pittsburgh, PA | $2,584,527 | $5,910,311 |
Pennsylvania Community Real Estate Corporation Philadelphia, PA | $2,208,755 | $5,682,149 |
Comprehensive Housing Assistance Inc Baltimore, MD | $35,424,449 | $4,587,920 |
Neighborhood Capital Corporation Silver Spring, MD | $106,804,353 | $10,287,510 |