Civic Intelligence

Federation Housing Inc.

990 • Fiscal year 2023 • EIN 23-2122054

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 09, 2024

8900 Roosevelt BlvdPhiladelphia, PA 19115-5060

(215) 673-6446

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.08x

Higher debt load relative to revenue than 19% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$274,943

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

101%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$32,064,138

Flat from 2023

Net Assets

Flat

$31,602,536

Flat from 2023

Liabilities

Flat

$461,602

Flat from 2023

Revenue

Flat

$5,789,633

Flat from 2023

Expenses

Flat

$2,647,997

Flat from 2023

Net Income

Flat

$3,141,636

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $10,980,228Liabilities 2011: $74,502Net Assets 2011: $10,905,7262011Assets 2012: $12,246,988Liabilities 2012: $126,336Net Assets 2012: $12,120,6522012Assets 2013: $12,108,408Liabilities 2013: $169,094Net Assets 2013: $11,939,3142013Assets 2014: $23,441,144Liabilities 2014: $232,120Net Assets 2014: $23,209,0242014Assets 2015: $36,966,609Liabilities 2015: $341,531Net Assets 2015: $36,625,0782015Assets 2016: $42,924,481Liabilities 2016: $255,254Net Assets 2016: $42,669,2272016Assets 2017: $45,080,723Liabilities 2017: $134,055Net Assets 2017: $44,946,6682017Assets 2018: $50,754,800Liabilities 2018: $108,078Net Assets 2018: $50,646,7222018Assets 2019: $52,896,306Liabilities 2019: $167,670Net Assets 2019: $52,728,6362019Assets 2020: $21,756,223Liabilities 2020: $183,855Net Assets 2020: $21,572,3682020Assets 2021: $27,377,110Liabilities 2021: $88,987Net Assets 2021: $27,288,1232021Assets 2022: $27,482,518Liabilities 2022: $163,476Net Assets 2022: $27,319,0422022Assets 2023: $32,064,138Liabilities 2023: $461,602Net Assets 2023: $31,602,5362023Assets 2023: $32,064,138Liabilities 2023: $461,602Net Assets 2023: $31,602,5362023Assets 2024: $41,346,702Liabilities 2024: $689,230Net Assets 2024: $40,657,4722024

Highlighted filing

2023

Assets$32,064,138
Liabilities$461,602
Net Assets$31,602,536

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,045,6162011Expenses 2012: $1,164,3372012Expenses 2013: $1,492,8302013Revenue 2014: $1,666,826Expenses 2014: $1,792,975Net Income 2014: -$126,1492014Revenue 2015: $3,940,570Expenses 2015: $2,202,238Net Income 2015: $1,738,3322015Revenue 2016: $5,820,193Expenses 2016: $2,030,200Net Income 2016: $3,789,9932016Revenue 2017: $2,919,048Expenses 2017: $2,121,449Net Income 2017: $797,5992017Revenue 2018: $4,669,273Expenses 2018: $2,139,772Net Income 2018: $2,529,5012018Revenue 2019: $2,908,479Expenses 2019: $2,131,899Net Income 2019: $776,5802019Revenue 2020: $1,992,676Expenses 2020: $2,165,754Net Income 2020: -$173,0782020Revenue 2021: $5,543,925Expenses 2021: $2,009,718Net Income 2021: $3,534,2072021Revenue 2022: $2,883,569Expenses 2022: $2,517,237Net Income 2022: $366,3322022Revenue 2023: $5,789,633Expenses 2023: $2,647,997Net Income 2023: $3,141,6362023Revenue 2023: $5,789,633Expenses 2023: $2,647,997Net Income 2023: $3,141,6362023Revenue 2024: $4,087,289Expenses 2024: $2,856,101Net Income 2024: $1,231,1882024

Highlighted filing

2023

Revenue$5,789,633
Expenses$2,647,997
Net Income$3,141,636
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 9, 2024
Return Version
2022v5.0
Gross Receipts
$8,462,180
Mission and Program Overview

Mission

Our mission is to provide affordable housing opportunities for low-income seniors who are able to sustain themselves in an independent living environment, to create facilities where our residents can reside and socialize while maintaining a high quality of life and activity, and to have our facilities available to as many seniors as possible by developing additional buildings in the philadelphia and surrounding suburbs.

Management and development of federally subsidized housing projects for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$14,127,329$14,286,695▲ $159,366
Investments Program Related$4,800,675$6,095,854▲ $1,295,179
Pledges and Grants Receivable$1,065,500$1,921,302▲ $855,802
Savings and Temporary Cash Investments$1,216,778$1,700,873▲ $484,095
Land, Buildings, and Equipment, Net$612,780$588,159▼ $24,621
Prepaid Expenses and Deferred Charges$79,612$25,148▼ $54,464
Cash and Non-Interest-Bearing Accounts$1,500$1,500→ $0
Total Assets$27,482,518$32,064,138▲ $4,581,620
Other Assets Total$5,578,344$7,444,607▲ $1,866,263
Liabilities
Accounts Payable and Accrued Expenses$163,476$265,211▲ $101,735
Other Liabilities$0$196,391▲ $196,391
Total Liabilities$163,476$461,602▲ $298,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,539,542$28,723,901▲ $5,184,359
Net Assets With Donor Restrictions$3,779,500$2,878,635▼ $900,865
Total Net Assets Fund Balance$27,319,042$31,602,536▲ $4,283,494
Total Liabilities and Net Assets / Fund Balance$27,482,518$32,064,138▲ $4,581,620

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$559,190$411,238$970,428
Equipment$28,969$147,145$176,114
Investment Program Related Org$6,095,854--
Other Assets Org$196,391--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric NaftulinExecutive DirectorFT$252,587$22,356$274,943
Revenue and Support

Revenue Composition

Contributions and Grants
$2,983,459
Program Service Revenue
$2,371,195
Investment Income
$434,979
Other Revenue
$0
All Other Contributions
$2,983,459
Change in Net Assets
$3,141,636

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,789,633
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$108,708
Total Revenue per Audited Statements
$5,898,341
Total Revenue per Form 990
$5,789,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,324,339
Salaries, Compensation, and Employee Benefits$1,323,658
Total Fundraising Expense$45,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$659,102$138,006$34,852$831,960
All Other Expenses$276,834$38,401$4,141$319,376
Current Officers, Directors, Trustees, and Key Employees$287,556--$287,556
Other Expenses$123,186$11,575-$134,761
Other Employee Benefits$88,775--$88,775
Payroll Taxes$80,568-$1,747$82,315
Office Expenses-$50,380$4,816$55,196
Depreciation Depletion$30,225$22,627-$52,852
Pension Plan Contributions$33,052--$33,052
Occupancy-$16,200-$16,200
Fees for Services Legal-$13,834-$13,834
Conferences and Meetings-$13,753-$13,753
Insurance-$11,347-$11,347
Fees for Services Accounting-$8,500-$8,500
Total Functional Expenses$2,277,818$324,623$45,556$2,647,997

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,647,997
Total Expenses per Audited Statements$2,647,997
Total Expenses per Form 990$2,647,997
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$196,391
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Directors saul reibstein and jb reibstein are related.

Form 990, Part VI, Section B, Line 11B

The tax return is reviewed by the director of finance, executive vice president and the audit/ finance committee of the board. The return is made available to the entire board before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Any member of the board of directors or staff who is an officer, owner, board member or employee of a contracting party, vendor, consultant or other provider of services to fhi is covered under the policy. Determinations of a conflict are made at every level and competitive bids are sought to ensure the best outcome for fhi. Any individual with a conflict shall not participate in connection with any committee or board action specifically related to the transaction unless the full board of directors approves the participation of the individual or third party.

Form 990, Part VI, Section B, Line 15A

The compensation for the executive vice president is reviewed annually by the board president and the personnel committee. Various sources are used as a basis for comparison like the annual wage scale published by panpha. The chairperson of the personnel committee documents the meetings and when a decision is reached, the director of finance is given instructions to change the rate of compensation through the payroll company.

Form 990, Part VI, Section C, Line 19

The governing documents, the conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Federation Housing Inc
EIN
23-2122054
Phone
2156736446
Address
8900 ROOSEVELT BLVD, PHILADELPHIA, PA 19115-5060

Signing Officer

Name
Jay Weinstein
Title
President
Phone
2156736446
Signed
2024-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Weinstein
Formed
1978
Legal Domicile
Pa
Voting Board Members
33
Independent Board Members
33
Employees
78
Volunteers
33

Preparer

Firm
Tait Weller & Baker Llp
Address
50 SOUTH 16TH STREET SUITE 2900, PHILADELPHIA, PA 19102
Preparer
Harrison Pereira
Phone
2159798800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer from federation apartments, inc. 603,350. Transfer from shalom apartments of federation housing, inc. 113,450. Transfer from arbor house, inc. 110,650. Transfer from robert saligman house, inc. 184,500. Transfer from miriam and robert m. Rieder house, inc. 21,200.

Financial Statement Notes

PART X, LINE 2:

The organization regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income and related matters. The organization's federal information returns are generally subject to examination by the internal revenue service for three years, including the fiscal years ended august 31, 2020, 2021 and 2022, as well as the return to be filed for the year ended august 31,2023.

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IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL STEINBERG
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHEN FELDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10JEROME HELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSH ROSENBLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm12JERRY SOKOLOW
IRS990/Form990PartVIISectionAGrp/PersonNm13JASON MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14FRANK PODIETZ
IRS990/Form990PartVIISectionAGrp/PersonNm15FRANCINE TABAS
IRS990/Form990PartVIISectionAGrp/PersonNm16FLORRIE FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm17WILLIAM LANDSBURG ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm18SUSAN WEISS
IRS990/Form990PartVIISectionAGrp/PersonNm19DEBORAH GERSHEN GENNELLO
IRS990/Form990PartVIISectionAGrp/PersonNm20CAROLYN SALIGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm21AVA GOLDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22ALAN LINDY
IRS990/Form990PartVIISectionAGrp/PersonNm23JEROME GLICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm24AVALIE SAPERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm25JB REIBSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm26ROBERT CASSWAY
IRS990/Form990PartVIISectionAGrp/PersonNm27SCOTT GOLDSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm28SAUL REIBSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm29MARK LEVINSON
IRS990/Form990PartVIISectionAGrp/PersonNm30RADA LASITSA
IRS990/Form990PartVIISectionAGrp/PersonNm31RYAN SPAK
IRS990/Form990PartVIISectionAGrp/PersonNm32JENNIFER TINTENFASS
IRS990/Form990PartVIISectionAGrp/PersonNm33ERIC NAFTULIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33252587
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-1062
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt033
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02671485
IRS990/GrossReceiptsAmt08462180
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt033
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011347
IRS990/InsuranceGrp/TotalAmt011347
IRS990/InvestmentIncomeGrp/ExclusionAmt0436041
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0436041
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04800675
IRS990/InvestmentsProgramRelatedGrp/EOYAmt06095854
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0558383
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0612780
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0588159
IRS990/LandBldgEquipCostOrOtherBssAmt01146542
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02672547
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW-INCOME SENIORS WHO ARE ABLE TO SUSTAIN THEMSELVES IN AN INDEPENDENT LIVING ENVIRONMENT, TO CREATE FACILITIES WHERE OUR RESIDENTS CAN RESIDE AND SOCIALIZE WHILE MAINTAINING A HIGH QUALITY OF LIFE AND ACTIVITY, AND TO HAVE OUR FACILITIES AVAILABLE TO AS MANY SENIORS AS POSSIBLE BY DEVELOPING ADDITIONAL BUILDINGS IN THE PHILADELPHIA AND SURROUNDING SUBURBS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt027319042
IRS990/NetAssetsOrFundBalancesEOYAmt031602536
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1062
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1062
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0108708
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023539542
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt028723901
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016200
IRS990/OccupancyGrp/TotalAmt016200
IRS990/OfficeExpensesGrp/FundraisingAmt04816
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt050380
IRS990/OfficeExpensesGrp/TotalAmt055196
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05578344
IRS990/OtherAssetsTotalGrp/EOYAmt07444607
IRS990/OtherChangesInNetAssetsAmt01033150
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088775
IRS990/OtherEmployeeBenefitsGrp/TotalAmt088775
IRS990/OtherExpensesGrp/Desc0PROJECT DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1RENTAL SUBSIDY
IRS990/OtherExpensesGrp/Desc2MEAL PROGRAM
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$0.69$40.7$4.09$2.86$1.23
2023Detailed filing. Detailed filing data is available for this year.$32.1$0.46$31.6$5.79$2.65$3.14
2023Summary only. Only limited summary data is available for this year.$32.1$0.46$31.6$5.79$2.65$3.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$0.16$27.3$2.88$2.52$0.37
2021Summary only. Only limited summary data is available for this year.$27.4$0.09$27.3$5.54$2.01$3.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$0.18$21.6$1.99$2.17$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.9$0.17$52.7$2.91$2.13$0.78
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.8$0.11$50.6$4.67$2.14$2.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.1$0.13$44.9$2.92$2.12$0.80
2016Detailed filing. Detailed filing data is available for this year.$42.9$0.26$42.7$5.82$2.03$3.79
2015Detailed filing. Detailed filing data is available for this year.$37.0$0.34$36.6$3.94$2.20$1.74
2014Detailed filing. Detailed filing data is available for this year.$23.4$0.23$23.2$1.67$1.79$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$0.17$11.9$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.13$12.1$1.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.07$10.9$1.05