Suburban Housing Development And Research Inc

Organization Overview

Suburban Housing Development And Research Inc is located in Bay Shore, NY. The organization was established in 1981. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 07/2022, Suburban Housing Development And Research Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suburban Housing Development And Research 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 07/2022, Suburban Housing Development And Research Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.9m during the year ending 07/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING TO INDIVIDUALS AND FAMILIES NEEDING SUBSIDIZED HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESERVE AND RESTORE HOUSING UNITS AND PROVIDE HOUSING FOR FAMILIES NEEDING EMERGENCY OR SUBSIDIZED HOUSING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $589,598
All other contributions, gifts, grants, and similar amounts not included above$1,100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$590,698
Total Program Service Revenue$1,564,696
Investment income $32
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 $2,155,426

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