Princeton Community Housing Inc is located in Princeton, NJ. The organization was established in 1980. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Community 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 12/2022, Princeton Community Housing Inc generated $644.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $460.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Princeton Community Housing Inc has awarded 21 individual grants totaling $1,651,794. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR AND PROVIDE ASSISTANCE TO LOW AND MODERATE INCOME HOUSING PROJECTS IN THE PRINCETON, NJ AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PCH PROGRAM SERVICES INCLUDE EXPANDING THE INVENTORY OF AFFORDABLE HOMES IN PRINCETON TO MEET THE URGENT NEED FOR MORE AFFORDABLE HOUSING; MAINTAINING AND ENHANCING THE HOUSING AND SOCIAL SERVICES THAT ENRICH THE QUALITY OF LIFE FOR OUR RESIDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abreah Santiago Board Member | Trustee | 1 | $0 |
Alice K Small President | OfficerTrustee | 1 | $0 |
C Vanleer Davis Board Member | Trustee | 1 | $0 |
Chad Klaus Board Member | Trustee | 1 | $0 |
Daniela Bonafede-Chhabra Board Member | Trustee | 1 | $0 |
Elizabeth Hock Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,130 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $572,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $624,075 |
| Total Program Service Revenue | $0 |
| Investment income | $58,347 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$38,197 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $232,000 |
| Grants and other assistance to domestic individuals. | $4,373 |
| 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 | $120,368 |
| Pension plan accruals and contributions | $3,574 |
| Other employee benefits | $21,468 |
| Payroll taxes | $10,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,347 |
| Information technology | $6,317 |
| 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 | $184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,200 |
| All other expenses | $0 |
| Total functional expenses | $460,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $641,472 |
| Savings and temporary cash investments | $582,118 |
| Pledges and grants receivable | $252,602 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,005,623 |
| Investments—other securities | $25,382 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,507,197 |
| Accounts payable and accrued expenses | $54,404 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,404 |
| Net assets without donor restrictions | $3,833,773 |
| Net assets with donor restrictions | $619,020 |
| 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 | $4,507,197 |
Over the last fiscal year, Princeton Community Housing Inc has awarded $230,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRIGGS FARM INC PURPOSE: FUNDING FOR AFFORDABLE RENTAL APARTMENTS | $30,000 |
PCH DEVELOPMENT CORP PURPOSE: AFFORDABLE HOUSING -PREDEVELOPMENT & COVID-19 RELATED EXPENSES | $200,000 |
| Organization Name | Assets | Revenue |
|---|---|---|
Bryant Park Management Corp New York, NY | $0 | $2,500,000 |
Presbyterian Apartments At 58th Street Inc Lafayette Hill, PA | $7,384,723 | $1,204,511 |
Lakewood Tenants Organization Inc Lakewood, NJ | $4,343,919 | $1,725,961 |
Princeton Community Housing Inc Princeton, NJ | $4,507,197 | $644,225 |
Community Services Housing Developement Corporation Brooklyn, NY | $2,064,372 | $110,598 |
Resident Empowered Action Council Of Troy Troy, NY | $18,583 | $0 |