Friendship House Housing Development Fund Company Inc is located in Rome, NY. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship House Housing Development Fund Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
RENTAL OF LOW INCOME APARTMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL OF LOW INCOME APARTMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Carello President | OfficerTrustee | 0 | $0 |
John F Buffa Director | OfficerTrustee | 0 | $0 |
David Collis Secretary | OfficerTrustee | 0 | $0 |
John B Ligas Director | OfficerTrustee | 0 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $144,607 |
Investment income | $327 |
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 | $144,934 |
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 | $5,284 |
Payroll taxes | $0 |
Fees for services: Management | $9,449 |
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 | $0 |
Advertising and promotion | $709 |
Office expenses | $2,113 |
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 | $20,224 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,356 |
Insurance | $3,767 |
All other expenses | $16,040 |
Total functional expenses | $164,570 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $264,477 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $397 |
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 | $21,649 |
Net Land, buildings, and equipment | $2,655,218 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $465,301 |
Total assets | $3,407,042 |
Accounts payable and accrued expenses | $30,216 |
Grants payable | $0 |
Deferred revenue | $17,440 |
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 | $5,142,681 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $35,344 |
Total liabilities | $5,225,681 |
Net assets without donor restrictions | -$1,818,639 |
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 | $3,407,042 |