Met Council Research & Educational Fund Inc
- Assets
- $204.0k
- Revenue
- $483.2k
- Investments
- $0.0
- Employees
- 5
- Location
- New York, NY
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 13-3580918
Organization Overview
Met Council Research & Educational Fund Inc is located in New York, NY. The organization was established in 1990. 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. As of 12/2021, Met Council Research & Educational Fund Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Met Council Research & Educational Fund 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 12/2021, Met Council Research & Educational Fund Inc generated $483.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $439.1k during the year ending 12/2021. While expenses have increased by 12.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COUNSELING TO TENANTS REGARDING THEIR RIGHTS AND OBLIGATIONS, LEGAL ASSISTANCE, AVOID EVICTION AND OBTAIN HOUSING REPAIRS. CONDUCT EDUCATIONAL OUTREACH TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COUNSELING TO TENANTS REGARDING THEIR RIGHTS AND OBLIGATIONS, LEGAL ASSISTANCE, AVOID EVICTION AND OBTAINING HOUSING REPAIR. CONDUCT EDUCATIONAL OUTREACH TO THE GENERAL PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darius Gordon Chief Executive Officer | Officer | 0 | $0 |
Anderson Fils-Aime Board Member | Trustee | 1 | $0 |
Jennifer Laurie Treasurer | Trustee | 1 | $0 |
Dennis Osorio Vice-Chair | Trustee | 1 | $0 |
Aura Mejia Board Member | Trustee | 1 | $0 |
Kenny Schaeffer Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $194,011 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $465,069 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $483,171 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,824 |
| Payroll taxes | $23,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,879 |
| Advertising and promotion | $0 |
| Office expenses | $2,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,412 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,788 |
| All other expenses | $0 |
| Total functional expenses | $439,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,955 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $46,000 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $203,955 |
| Accounts payable and accrued expenses | $14,143 |
| 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 | $14,143 |
| Net assets without donor restrictions | $157,312 |
| Net assets with donor restrictions | $32,500 |
| 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 | $203,955 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Met Council Research & Educational Fund Inc has recieved totaling $125,927.
| Awarding Organization | Amount |
|---|---|
Legal Services Nyc New York, NY PURPOSE: CIVIL SERVICES | $95,927 |
Right To The City Alliance Inc Brooklyn, NY PURPOSE: HOMES FOR ALL | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rcap Solutions Inc Worcester, MA | $9,084,523 | $86,440,230 |
Communities Of Don Guanella And Divine Providence Philadelphia, PA | $32,652,793 | $61,764,962 |
Homes For Our Troops Inc Taunton, MA | $32,216,870 | $35,704,270 |
Arc Ocean County Chapter Lakewood, NJ | $28,493,804 | $32,257,873 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Community Housing Innovations Inc White Plains, NY | $68,684,135 | $30,486,174 |
Educational Housing Services Inc New York, NY | $147,607,496 | $20,918,839 |
Vanderheyden Hall Inc Wynantskill, NY | $10,154,920 | $26,980,074 |
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 |