Settlement Housing Fund Inc

Organization Overview

Settlement Housing Fund Inc is located in New York, NY. The organization was established in 1971. 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 12/2021, Settlement Housing Fund Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Settlement Housing 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, Settlement Housing Fund Inc generated $11.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $8.6m during the year ending 12/2021. While expenses have increased by 9.0% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

SETTLEMENT HOUSING FUND CREATED AND SUSTAINS HIGH QUALITY AFFORDABLE HOUSING AND PROGRAMS, BUILDING STRONG AND ECONOMICALLY DIVERSE NEIGHBORHOODS THROUGHOUT NEW YORK CITY. SETTLEMENT HOUSING FUND WORKS CLOSELY WITH COMMUNITY PARTNERS TO PROVIDE LOW-AND MODERATE-INCOME NEW YORKERS WITH PATHWAYS TO LONG-TERM AFFORDABLE HOUSING, EDUCATION, EMPLOYMENT AND WELLNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREATE, DEVELOP, BUILD, CONSTRUCT, MANAGE AND MAINTAIN ECONOMICALLY DIVERSE AFFORDABLE HOUSING FOR LOW INCOME RESIDENTS THROUGHOUT THE NYC METROPOLITAN AREA.


LEASE UP AND COMPLIANCE SERVICES FORAFFORDABLE HOUSING DEVELOPMENTS. SHF WORKS NYC AND NY STATE REGULATORY AUTHORITIES TO CONDUCT HOUSING LOTTERIES FOR AFFORDABLE HOUSING APPARTMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Alexa Sewell
President
$267,375
Judith Herbstman
Director Of Housing Develo
$191,841
Rigaud Noel
Executive Director
$186,331
Garraud Etienne
Chief Operating Officer
$182,134
Lee Warshavsky
General Council
$176,167
Michael Gaboury
Deputy Director
$138,239

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eq Architecture Pllc
Architectural Services
$745,000
Curtis Ginsberg Architects Llp
Architectural Services
$847,843
Lm Builders Group Llc
Construction Services
$735,248
Inglese Architecture Engineering
Architectural Services
$222,600
The Alc Group Llc
Environmental Consulting Services
$130,457
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,584,076
All other contributions, gifts, grants, and similar amounts not included above$315,370
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,899,446
Total Program Service Revenue$7,494,929
Investment income $1,117,628
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,326
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 $11,765,294

Grants Awarded

Over the last fiscal year, Settlement Housing Fund Inc has awarded $295,344 in support to 3 organizations.

Grant RecipientAmount

THE CRENULATED COMPANY LTD

Org PageRecipient Profile

New York, NY

PURPOSE: SOCIAL SERVICE

$150,000

NEW SETTLEMENT COMCAMPUS CO

Org PageRecipient Profile

New York, NY

PURPOSE: SOCIAL SERVICE

$133,344

1561 ASSOCIATES LLC

PURPOSE: SOCIAL SERVICE

$12,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Settlement Housing Fund Inc has recieved totaling $95,480.

Awarding OrganizationAmount
Fjc

New York, NY

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$75,480
Leon Levy Foundation

New York, NY

PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.

$10,000
Charina Foundation Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$5,000
Nathan J & Helen Goldrich Foundation Inc

Greensboro, GA

PURPOSE: SOCIAL WELFARE

$5,000
View Grant Recipient Profile

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