H E L P Development Corp

Organization Overview

H E L P Development Corp is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, H E L P Development Corp employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H E L P Development Corp 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 06/2021, H E L P Development Corp generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $1.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPS LOW INCOME HOUSING FOR LOW INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELP DEVELOPMENT CORP. (HDC) IS FOCUSED ON DEVELOPING AND MANAGING AFFORDABLE AND SUPPORTIVE HOUSING FOR FORMERLY HOMELESS INDIVIDUALS AND FAMILIES. DURING FY2021, HDC COMPLETED CONSTRUCTION ON AND OPENED HELP CROTONA PRIDE HOUSE, 84 SENIOR APARTMENTS IN THE BRONX. ADDITIONALLY, PROJECT FINANCING AND CONSTRUCTION BEGAN ON HELP PHILADELPHIA VI, 55 UNITS OF AFFORDABLE HOUSING IN PHILADELPHIA, HELP HOME SIMPSON, 71 UNITS OF AFFORDABLE AND SUPPORTIVE HOUSING IN THE BRONX. IN ADDITION, HDC ALSO SECURED FINANCING FOR HELP PARK PLACE, 41 UNITS OF AFFORDABLE HOUSING IN BROOKLYN, HELP BRONX RENEWAL, 94 UNITS OF AFFORDABLE HOUSING IN THE BRONX, 340+ DIXWELL, 69 UNITS OF AFFORDABLE AND MIXED INCOME HOUSING IN NEW HAVEN, CT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gilbride Tusa Last & Spellane
Legal And Consulting
$118,770
Curtis & Ginsberg Architects
Architect-new Construction
$117,420
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$787,366
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$125,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$912,366
Total Program Service Revenue$3,802,994
Investment income $252,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $412
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 $4,977,453

Grants Recieved

Over the last fiscal year, we have identified 2 grants that H E L P Development Corp has recieved totaling $510,000.

Awarding OrganizationAmount
Thdf Ii Inc

Atlanta, GA

PURPOSE: To assist local charities

$500,000
William S Abell Foundation Inc

Chevy Chase, MD

PURPOSE: SI HOMELESSNESS GRANTS

$10,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or