Camba Housing Ventures Inc
- Assets
- $25.3m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 05/2005
- Data as of
- 06/2021
- EIN
- 55-0881162
Organization Overview
Camba Housing Ventures Inc is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Camba Housing Ventures 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 06/2021, Camba Housing Ventures Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2021. 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 DEVELOP AND PROVIDE PERMANENT SUPPORTIVE HOUSING FOR LOW INCOME AND FORMERLY HOMELESS INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMBA HOUSING VENTURES, INC. IS AN AFFORDABLE HOUSING DEVELOPMENT ORGANIZATION DEVELOPING SUSTAINABLE AND ENERGY EFFICIENT BUILDINGS THAT PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Morris Treasurer Emeritus | OfficerTrustee | 2 | $0 |
Katherine O'neill Secretary | OfficerTrustee | 1 | $0 |
Joanne M Oplustil President/ceo | Officer | 7 | $0 |
David Rowe Key Employee | Officer | 35 | $0 |
Thomas Dambakly Key Employee | Officer | 7 | $0 |
Michael Berne Key Employee | Officer | 35 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dattner Architects Architecture | 6/29/18 | $278,122 |
Alexander Gorlin Architects Llc Architecture | 6/29/18 | $185,008 |
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 | $10,381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,381 |
| Total Program Service Revenue | $2,783,910 |
| Investment income | $272,548 |
| 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 | $3,070,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $601 |
| Fees for services: Accounting | $48,720 |
| Fees for services: Lobbying | $66,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $783,333 |
| Advertising and promotion | $0 |
| Office expenses | $118,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,137 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,604 |
| Insurance | $7,126 |
| All other expenses | $65,318 |
| Total functional expenses | $3,090,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,636,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,458,667 |
| 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 | $16,658 |
| Net Land, buildings, and equipment | $149,433 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,017,512 |
| Total assets | $25,279,022 |
| Accounts payable and accrued expenses | $49,969 |
| 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 | $3,777,500 |
| Unsecured mortgages and notes payable | $200,000 |
| Other liabilities | $8,889,436 |
| Total liabilities | $12,916,905 |
| Net assets without donor restrictions | $0 |
| 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 | $12,362,117 |
| Total liabilities and net assets/fund balances | $25,279,022 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Camba Housing Ventures Inc has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
The Housing Partnership Network Inc Boston, MA | $38,640,476 | $16,875,187 |
Alliance For Behavioral & Developmental Disabilities Ltd Hermitage, PA | $7,380,317 | $14,591,071 |
Building Homes For Heroes Inc Island Park, NY | $15,491,113 | $13,729,241 |
Taconic Innovations Inc Wappingers Falls, NY | $14,026,966 | $12,196,980 |
The Crenulated Company Ltd New York, NY | $9,182,171 | $10,442,755 |
Living Independently Forever Inc Hyannis, MA | $12,273,693 | $10,857,981 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |
Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
Grand Street Guild East Housing Development Fund Company Inc Garden City, NY | $32,476,672 | $9,886,793 |