Social Housing
- Assets
- $91.0m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 47-3581724
Organization Overview
Social Housing is located in Atlanta, GA. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Housing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPONSOR, ACQUIRE, DEVELOP, OWN, MANAGE, AND OPERATE AFFORDABLE RENTAL HOUSING FOR FAMILIES, SENIORS AND DISABLED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SPONSOR, ACQUIRE, DEVELOP, OWN, MANAGE, AND OPERATE AFFORDABLE RENTAL HOUSING FOR FAMILIES, SENIORS AND DISABLED INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winston Fisch Treasurer | OfficerTrustee | 1 | $0 |
Nicholas Meerson Secretary | OfficerTrustee | 1 | $0 |
Dasha Kosmynina Director | Trustee | 1 | $0 |
Jeff Buren Director | Trustee | 1 | $0 |
Peter H Wasserman Chair And President | Officer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,037,406 |
| Investment income | $54,515 |
| 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 | $6,091,921 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,602 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,576 |
| Fees for services: Accounting | $52,104 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,325 |
| Office expenses | $8,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,880 |
| Interest | $3,979,780 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,727,880 |
| Insurance | $261,068 |
| All other expenses | $308,444 |
| Total functional expenses | $8,934,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,398 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134,509 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $289,500 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $306,603 |
| Net Land, buildings, and equipment | $81,667,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$82 |
| Intangible assets | $1,940,427 |
| Other assets | $6,506,531 |
| Total assets | $91,048,074 |
| Accounts payable and accrued expenses | $96,717 |
| Grants payable | $0 |
| Deferred revenue | $49,867 |
| Tax-exempt bond liabilities | $92,137,161 |
| 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 | $289,500 |
| Other liabilities | $1,317,118 |
| Total liabilities | $93,890,363 |
| Net assets without donor restrictions | $0 |
| 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 | -$2,842,289 |
| Total liabilities and net assets/fund balances | $91,048,074 |