Philada Home Fund is located in Cincinnati, OH. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philada Home Fund 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 12/2023, Philada Home Fund generated $123.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $374.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Philada Home Fund has awarded 197 individual grants totaling $2,066,185. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
THE PHILADA HOME FUND PROVIDES SUPPORT FOR THE NEEDY AND AGED TO OBTAIN AFFORDABLE HOUSING, INCLUDING THE PAYMENT OF HOUSING SUBSIDIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald J Shuller President | 0 | $0 | |
Ronald J Weitzenkorn Treasurer | 0 | $0 | |
Carol Kabel Trustee | 0 | $0 | |
Mark Sass Trustee | 0 | $0 | |
Linda Denham Trustee | 0 | $0 | |
Robert Plowden Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $211,016 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$87,458 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,398 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,693 |
| Total operating and administrative expenses | $117,986 |
| Contributions, gifts, grants paid | $256,389 |
| Total expenses and disbursements | $374,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,991 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,820,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,674,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Philada Home Fund has awarded $256,389 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
DOMIK LTD PURPOSE: SUBSIDIZED APARTMENT RENT | $5,940 |
AMBERLY HOUSE PURPOSE: SUBSIDIZED APARTMENT RENT | $21,400 |
ARBORS OF MONTGOMERY PURPOSE: SUBSIDIZED APARTMENT RENT | $33,541 |
DEBORAH JOHNSON POWELL DJP ENTERPRI PURPOSE: SUBSIDIZED APARTMENT RENT | $4,005 |
FOX RUN APARTMENT ASSOCIATES LTD PURPOSE: SUBSIDIZED APARTMENT RENT | $5,885 |
GLENWOOD HOUSING PARTNERS LLC PURPOSE: SUBSIDIZED APARTMENT RENT | $10,700 |