Rockland Housing Action Coalition Inc

Organization Overview

Rockland Housing Action Coalition Inc is located in New City, NY. The organization was established in 1989. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 07/2022, Rockland Housing Action Coalition Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockland Housing Action Coalition 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, Rockland Housing Action Coalition Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.3m during the year ending 07/2022. While expenses have increased by 12.0% 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

TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING AVAILABLE FOR LOW AND MODERATE-INCOME PERSONS IN ROCKLAND COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RHAC IS WORKING THE COUNTY OF ROCKLAND TO DEVELOP AND IMPLEMENT A FAIR HOUSING MARKETING PLAN TO PROVIDE A MINIMUM OF 62 AFFORDABLE HOMES FOR LOW INCOME HOUSEHOLDS AS DEFINED BY HUD.RHAC WAS ABLE TO OBTAIN FUNDING FROM THE NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL TO IMPLEMENT A COVID-19 RENTAL ASSISTANCE PROGRAM TO ASSIST UP TO 42 HOUSEHOLDS WHO EXPERIENCED FINANCIAL LOSSES DUE TO THE CORONAVIRUS. IN JANUARY 2021, RHAC SUBMITTED A GRANT APPLICATION TO CONTINUE THE PROGRAM BY PROVIDING RENT SUBSIDIES TO LOW INCOME HOUSEHOLDS. IN 2019, RHAC ACQUIRED 2 TAX CREDIT PROPERTIES, SPRING VALLEY SITE III, CONSISTING OF 53 APARTMENTS FOR ACTIVE ADULTS 55 AND OVER AND SPRING VALLEY SITE IV, CONSISTING OF 55 APARTMENTS FOR LOW-INCOME HOUSEHOLDS.RHAC HAS PARTNERED WITH A LOCAL CHURCH TO DEVELOP VALLEY SPRING APARTMENTS, CONSISTING OF 50 UNITS OF AFFORDABLE RENTAL HOUSING IN THE VILLAGE OF SPRING VALLEY. IN 2021, RHAC WILL SUBMIT A FUNDING APPLICATION TO NEW YORK STATE HOUSING AND COMMUNITY RENEWAL TO FINANCE THE CONSTRUCTION AND OPERATIONS OF THE PROPOSED PROJECT. RHAC WAS AWARDED FUNDING FROM THE NEW YORK STATE HOUSING AND COMMUNITY RENEWAL TO CONSTRUCT 33 UNITS OF AFFORDABLE RENTAL HOUSING IN THE VILLAGE OF NYACK. NINE (9) OF THE UNITS ARE SET ASIDE FOR INDIVIDUALS WITH DISABILITIES. THE PROJECT IS COMPLETED, AND ALL 33 UNITS ARE RENTED TO INCOME ELIGIBLE INDIVIDUALS AND FAMILIES. RHAC BECAME THE GENERAL PARTNER AND CURRENTLY MANAGES HORIZON SENIORS I AND HORIZON SENIORS II IN OTISVILLE, ORANGE COUNTY, NEW YORK. EACH TAX CREDIT DEVELOPMENT CONSISTS OF 24 UNITS EACH, TOTALING 48 ONE- AND TWO-BEDROOM UNITS FOR LOW INCOME SENIORS. RECENTLY, THE NYS HOUSING TRUST FUND CORPORATION AWARDED EACH DEVELOPMENT WITH 16 PROJECT-BASED SECTION 8 VOUCHERS TOTALING 36 FOR BOTH DEVELOPMENTS.RHAC HAS PARTNERED WITH REGAN DEVELOPMENT TO CONSTRUCT 40 RENTAL UNITS FOR LOW INCOME ADULTS 55 YEARS OF AGE OR OLDER ON THE HYENGA LAKE SENIOR SITE. RHAC IS CURRENTLY LEASING AND MANAGING THE PROPERTY.IN MARCH 2016, RHAC ACQUIRED THE GENERAL PARTNER INTEREST IN YOUNGBLOOD SENIOR HOUSING, A 26-UNIT TAX CREDIT DEVELOPMENT IN THE VILLAGE OF SPRING VALLEY. RHAC OWNS AND MANAGES THE COMPLEX. THIS INVESTMENT HAS BEEN RECORDED AT COST. CURRENTLY, RHAC MANAGES 7 AFFORDABLE HOUSING DEVELOPMENTS CONSISTING OF 410 APARTMENTS IN ROCKLAND AND ORANGE COUNTIES. COUNSELINGTHE COALITION PROVIDES BUDGET, CREDIT, MORTGAGE, HOMEOWNERSHIP, HOME MAINTENANCE, IDENTITY THEFT, LANDLORD-TENANT, AND FORECLOSURE PREVENTION COUNSELING TO APPROXIMATELY 550 INDIVIDUALS ANNUALLY. WE PROVIDE COUNSELING SERVICES IN SPANISH, CREOLE AND ENGLISH.THE COALITION IS ALWAYS SEEKING NEW SITES TO DEVELOP AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES RESIDING IN THE LOWER HUDSON VALLEY.


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Board, Officers & Key Employees

Name (title)Compensation
Gerri Levy
Executive Director
$129,405
Stephanie Rojas
Hr
$101,103
Vera Rosario
Executive Director
$19,167
Eileen Clifford
Treasurer
$0
Bert Hughes
President
$0
Teresa Smith
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $543,288
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$543,288
Total Program Service Revenue$642,708
Investment income $48
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 $1,188,967

Grants Awarded

Over the last fiscal year, Rockland Housing Action Coalition Inc has awarded $800,000 in support to 2 organizations.

Grant RecipientAmount

TOWN OF CLARKSTOWN

|

|

$600,000

NYACK POINT LIMITED

|

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$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rockland Housing Action Coalition Inc has recieved totaling $12,466.

Awarding OrganizationAmount
The Center For New York City

New York, NY

PURPOSE: HOUSING & LEGAL COUNSELING

$12,466
View Grant Recipient Profile

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