Civic Intelligence

Philotimo Housing Development Urban Renewal Corporation

EIN 81-5197816 • 501(c)3 • Perth Amboy, NJ

Profile

Philotimo housing development corporation is a nonprofit focused on developing senior citizens' housing in the christian orthodox community and to provide the asssociated recreational, religious and healthcare services for residents.

41-47 Wisteria StreetPerth Amboy, NJ 08861

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-55%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

75th percentile

25%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$252,169

Down $995,339 (-80%) from 2022

Liabilities

Down

$0

Down $1,121,161 (-100%) from 2022

Net Assets

Up

$252,169

Up $125,822 (+100%) from 2022

Revenue

Up

$14,731

Up $5,279 (+56%) from 2022

Expenses

Down

$11,801

Down $25,720 (-69%) from 2022

Net Income

Up

$2,930

Up $30,999 (+110%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2018: $410,518Liabilities 2018: $403,569Net Assets 2018: $6,9492018Assets 2020: $1,223,888Liabilities 2020: $1,121,260Net Assets 2020: $102,6282020Assets 2021: $1,260,851Liabilities 2021: $1,106,435Net Assets 2021: $154,4162021Assets 2022: $1,247,508Liabilities 2022: $1,121,161Net Assets 2022: $126,3472022Assets 2024: $252,169Liabilities 2024: $0Net Assets 2024: $252,1692024

Highlighted filing

2024

Assets$252,169
Liabilities$0
Net Assets$252,169

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2018: $8,302Expenses 2018: $1,353Net Income 2018: $6,9492018Revenue 2020: $74,367Expenses 2020: $29,669Net Income 2020: $44,6982020Revenue 2021: $75,229Expenses 2021: $23,441Net Income 2021: $51,7882021Revenue 2022: $9,452Expenses 2022: $37,521Net Income 2022: -$28,0692022Revenue 2024: $14,731Expenses 2024: $11,801Net Income 2024: $2,9302024

Highlighted filing

2024

Revenue$14,731
Expenses$11,801
Net Income$2,930

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$14,731
Mission and Program Overview

Mission

Philotimo housing development corporation is a nonprofit focused on developing senior citizens' housing in the christian orthodox community and to provide the asssociated recreational,religious and healthcare services for residents.

Philotimo housing development corporation is a nonprofit focused on developing senior citizens' housing in the christian orthodox community and to provide the associated recreational, religious, and healthcare services for residents.

Program Services

DescriptionGrantsExpenses
TO DEVELOP AND OPERATE HOUSING FOR THE ELDERLY WITHIN THE CHRISTIAN ORTHODOX COMMUNITY, AND TO PROVIDE ASSOCIATED SOCIAL, RECREATIONAL, RELIGIOUS, HEALTHCARE, CULTURAL, AND EDUCATIONAL SERVICES FOR THE RESIDENTS OF SUCH HOUSING.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
George KoutsoubisPresident-$0--
Spero KalambakasVice President-$0--
Helen HoranSecretary-$0--
Theodore KaidasTreasurer-$0--
Kenneth DoukasBoard Member Thru 05/2024-$0--
Nick GiannakopoulosBoard Member-$0--
George KaneBoard Member-$0--
Agapios KyritsisBoard Member Thru 03/2024-$0--
Demosthenis SimatosBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Philotimo Housing Development Urban
EIN
81-5197816
In Care Of
% THEODORE KAIDAS
Phone
7328264466
Address
41-47 Wisteria Street, Perth Amboy, NJ 08861

Signing Officer

Name
Theodore Kaidas
Title
Treasurer
Phone
7328264466
Signed
2025-11-15
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Sandra R Ruoff CPA
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:ADVERTISEMENT Amount:657

Form 990EZ Part I Line 16

Description:INSURANCE Amount:871

Form 990EZ Part I Line 16

Description:OFFICE EXPENSES Amount:1270

Raw XML Appendix191 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-11-04T12:53:07-05:00
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ReturnHeader/TaxPeriodEndDt02024-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits