Alfred Housing Committee Inc
- Assets
- $317.8k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 2
- Location
- Wellsville, NY
- Founding
- 12/1986
- Data as of
- 06/2021
- EIN
- 22-2333827
Organization Overview
Alfred Housing Committee Inc is located in Wellsville, NY. The organization was established in 1986. 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 06/2021, Alfred Housing Committee Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alfred Housing Committee 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, Alfred Housing Committee Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 38.5% 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
LOW INCOME HOUSING REHAB AND MANAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECTS INCLUDE HOUSING REHABILITATION, EXPLORATION AND DEVELOPMENT OF HOUSING OPPORTUNITIES FOR LOW-INCOME, DISABLED AND ELDERLY INDIVIDUALS
MANAGEMENT AND DEVELOPMENT FEES FOR LOW INCOME HOUSING PROJECTS, BUILDING PROJECT ADMINISTRATIVE FEES FOR REVOLVING LOANS. REVENUE AND EXPENSES INCLUDE $287,483 OF IN-KIND CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Green Executive Director | Trustee | 40 | $65,000 |
Peter Van Tyne Sec/treasurer | OfficerTrustee | 0.5 | $0 |
Tina Miller Vice Pres | OfficerTrustee | 0.5 | $0 |
Robert Sobeck President | OfficerTrustee | 1 | $0 |
Lillian Hanks Director | Trustee | 0.5 | $0 |
Donald Cameron Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,612,745 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $287,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,612,745 |
| Total Program Service Revenue | $244,776 |
| Investment income | $43 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$358 |
| 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 | $1,857,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500,000 |
| 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. | $65,000 |
| Compensation of current officers, directors, key employees. | $19,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,458 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,000 |
| Payroll taxes | $9,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,247 |
| 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 | $10,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,851 |
| Travel | $3,803 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $939 |
| Insurance | $2,848 |
| All other expenses | $0 |
| Total functional expenses | $1,959,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,559 |
| Savings and temporary cash investments | $295,844 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| 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 | $6,614 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,309 |
| Total assets | $317,826 |
| Accounts payable and accrued expenses | $0 |
| 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 | $37,545 |
| Total liabilities | $37,545 |
| Net assets without donor restrictions | $280,281 |
| Net assets with donor restrictions | $0 |
| 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 | $317,826 |
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Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
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