Housing Plus Solutions Inc
- Assets
- $3.0m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 62
- Location
- Brooklyn, NY
- Founding
- 07/2002
- Data as of
- 06/2021
- EIN
- 13-4200638
Organization Overview
Housing Plus Solutions Inc is located in Brooklyn, NY. The organization was established in 2002. 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 06/2021, Housing Plus Solutions Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Plus Solutions 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 06/2021, Housing Plus Solutions Inc generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $8.4m during the year ending 06/2021. While expenses have increased by 15.5% per year over the past 6 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
HOUSING+SOLUTIONS PROVIDES COMMUNITY-BASED HOUSING AND COMPREHENSIVE SERVICES TO WOMEN, INCLUDING WOMEN WITH CHILDREN, TO SUPPORT THEM IN OVERCOMING POVERTY, HOMELESSNESS, ADDICTION, TRAUMA, AND THE EFFECTS OF INCARCERATION, IN ORDER TO BUILD LIVES OF STABILITY AND TO DEFINE AND REALIZE GOALS FOR THEMSELVES AND FOR THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUD GRACE - TO CONNECT WOMEN AND FAMILIES TO HOUSING WITHOUT PRECONDITIONS AND BARRIERS TO ENTRY. WE SUPPORT OUR TENANTS THROUGH A HOST OF SERVICES, INCLUDING TRAUMA AND FAMILY COUNSELING AND ON-SITE EMPLOYMENT/EDUCATION SERVICES. THE FUNDING SOURCE IS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
WOMEN'S COMMUNITY JUSTICE PROJECT - TO DIVERT WOMEN BEING UNNECESSARILY DETAINED AT ROSE M. SINGER CENTER INTO COMMUNITY-BASED TRANSITIONAL HOUSING WITH SUPPORTIVE SERVICES.
OMH SOLEIL PROGRAM - TO PROVIDE TIMELY, PERSONALIZED TRAUMA COUNSELING TO WOMEN ON AN ONGOING BASIS IN A FAMILIAR SETTING WHERE THEY FEEL SAFE AND SECURE, AND MAKES REFERRALS TO OTHER MENTAL HEALTH OR TREATMENT PROGRAMS IN THE COMMUNITY AS NEEDED. THE FUNDING SOURCE IS FROM THE NEW YORK OFFICE OF MENTAL HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois A Murphy Deputy Exec Dir | Officer | 40 | $136,474 |
Betty Chin Director Of Financ | 40 | $114,078 | |
Rita Zimmer Executive Dir. | Officer | 40 | $111,868 |
Kelly Joyce VP Tenant Services | 40 | $111,426 | |
Bonnie Bach Co-Chair | OfficerTrustee | 2 | $0 |
Mamie Mcindoe Co-Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,236,722 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,580,003 |
| Noncash contributions included in lines 1a–1f | $150,828 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,816,725 |
| Total Program Service Revenue | $620,248 |
| Investment income | $42 |
| 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 | $8,488,252 |
| 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. | $518,083 |
| Compensation of current officers, directors, key employees. | $189,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,322,714 |
| Pension plan accruals and contributions | $14,056 |
| Other employee benefits | $305,696 |
| Payroll taxes | $224,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $53,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,613,852 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,347 |
| Insurance | $0 |
| All other expenses | $489,671 |
| Total functional expenses | $8,418,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,547,011 |
| Accounts receivable, net | $145,467 |
| 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 | $603 |
| Net Land, buildings, and equipment | $364,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $284,002 |
| Total assets | $3,042,973 |
| Accounts payable and accrued expenses | $215,169 |
| Grants payable | $0 |
| Deferred revenue | $338,377 |
| 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 | $1,270,273 |
| Total liabilities | $1,823,819 |
| Net assets without donor restrictions | $984,154 |
| Net assets with donor restrictions | $235,000 |
| 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 | $3,042,973 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Housing Plus Solutions Inc has recieved totaling $97,150.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: General support | $50,000 |
Hyde And Watson Foundation Warren Township, NJ PURPOSE: HARD COSTS RELATED TO FACILITY RENOVATIONS AND PURCHASE OF EQUIPMENT. | $15,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $12,150 |
Venable Baetjer And Howard Foundation Baltimore, MD PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |