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Nonprofiteer
← FUND FOR PUBLIC HOUSING INC

Form 990 for tax year 2024

Filed by FUND FOR PUBLIC HOUSING INC.

Totals

Total revenue
$5,158,235
Total expenses
$3,733,142
Contributions and grants received
$4,890,954
Grants paid
$151,260
Program service revenue
$0
Investment income
$242,571
Other revenue
$24,710
Total assets, end of year
$10,831,607
Total liabilities, end of year
$748,659
Net assets or fund balances, end of year
$10,082,948
Program services expenses (Part IX)
$2,870,537
Management and general expenses
$670,449
Fundraising expenses
$192,156
Program service expenses (Part III)
$2,870,537

Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,890,954

  • 1g · Noncash contributions included above

    $60,779

  • 3 · Investment income

    total $242,571 · excluded $242,571

  • 11a · Other revenue: OTHER INCOME

    total $24,710 · excluded $24,710

  • 11e · Other revenue, total

    $24,710

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $151,260 · program services $151,260

  • 5 · Compensation of officers, directors and key employees

    total $199,998 · program services $30,000 · management and general $99,999 · fundraising $69,999

  • 7 · Other salaries and wages

    total $528,935 · program services $392,781 · management and general $53,077 · fundraising $83,077

  • 9 · Other employee benefits

    total $126,179 · program services $73,183 · management and general $26,498 · fundraising $26,498

  • 10 · Payroll taxes

    total $59,915 · program services $34,751 · management and general $12,582 · fundraising $12,582

  • 11c · Fees: accounting

    total $17,204 · management and general $17,204

  • 11g · Fees: other

    total $2,041,168 · program services $1,874,124 · management and general $167,044

  • 12 · Advertising and promotion

    total $1,122 · management and general $1,122

  • 13 · Office expenses

    total $31,659 · program services $12,387 · management and general $19,272

  • 16 · Occupancy

    total $52,911 · program services $250 · management and general $52,661

  • 17 · Travel

    total $34,460 · program services $8,666 · management and general $25,794

  • 23 · Insurance

    total $5,114 · management and general $5,114

  • 24a · Other expenses: STIPENDS

    total $196,193 · program services $196,193

  • 24b · Other expenses: FOOD

    total $122,635 · program services $57,567 · management and general $65,068

  • 24c · Other expenses: MISCELLANEOUS

    total $93,465 · program services $626 · management and general $92,839

  • 24d · Other expenses: SUPPLIES

    total $70,924 · program services $38,749 · management and general $32,175

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,524,080 · end of year $8,357,332

  • 3 · Pledges and grants receivable

    beginning of year $2,780,000 · end of year $2,461,167

  • 9 · Prepaid expenses and deferred charges

    end of year $13,108

  • 17 · Accounts payable and accrued expenses

    beginning of year $646,225 · end of year $748,659

  • 27 · Net assets without donor restrictions

    beginning of year $603,278 · end of year $512,248

  • 28 · Net assets with donor restrictions

    beginning of year $8,054,577 · end of year $9,570,700

Mission and programs · 2024

Mission

THE FUND FOR PUBLIC HOUSING CREATES AND LEVERAGES RESOURCES AND RELATIONSHIPS TO ENHANCE THE OPPORTUNITIES AND QUALITY OF LIFE FOR NEW YORK CITY PUBLIC HOUSING RESIDENTS, WHILE UPLIFTING THE IMPORTANCE OF PUBLIC HOUSING TO OUR CITY. AS A NON PROFIT(501C3) ORGANIZATION, THE FUND FOR PUBLIC HOUSING AMPLIFIES AND SUPPORTS NYCHA'S CRITICAL MISSION TO PROVIDE QUALITY HOUSING FOR NEW YORKERS THAT IS SUSTAINABLE, INCLUSIVE AND SAFE, WHILE FOSTERING OPPORTUNITIES FOR ECONOMIC MOBILITY.

Activities or mission (Part I)

TO ENHANCE THE OPPORTUNITIES AND QUALITY OF LIFE FOR NEW YORK CITY HOUSING RESIDENTS.

  • THE FUND SUPPORTS PROGRAMS IN FOUR AREAS - LEADERSHIP DEVELOPMENT, WORKFORCE SKILLS & ECONOMIC MOBILITY, COMMUNITY HEALTH, AND FINANCIAL EMPOWERMENT - TO EMPOWER NYCHA RESIDENTS TO MAXIMIZE THEIR CAPABILITIES AND FULFILL THEIR ASPIRATIONS.IN 2024, THE FUND LAUNCHED GREEN SPACE CONNECTIONS, SCALING THE CONNECTED COMMUNITIES INITIATIVE THROUGH ENGAGING RESIDENTS AT FOUR HIGH-NEED NYCHA DEVELOPMENTS IN BROOKLYN AND THE BRONX TO INCREASE ACCESS TO HEALTH, SAFE, AND SUSTAINABLE GREEN SPACES IN COLLABORATIONWITH EXPERT PARTNERS IN GREENSPACE, HUMAN-CENTERED DESIGN, COMMUNITY PROGRAMMING, AND COMMUNICATION. (CONTINUED ON SCHEDULE O)IN 2024, THE FUND AND PROGRAM PARTNERS EMBARKED ON THE CREATION OF THE GREEN SPACE CONNECTIONS TOOLKIT TO ALLOW FOR REPLICATION OF THE MODEL FOR FUTURE PROJECTS BY STAKEHOLDERS INCLUDING NYCHA RESIDENT LEADERS, OTHER NONPROFIT ORGANIZATIONS, ENABLING UNDERSTANDING OF COSTS AND PROCESSES ASSOCIATED WITH COMMON OPEN SPACE UPGRADES AND ART INSTALLATION AND RESTORATION.IN 2024, THE PUBLIC HOUSING COMMUNITY AWARDED A RECORD NUMBER OF 79 SCHOLARSHIPS TO NYCHA RESIDENTS ENROLLED IN CITY UNIVERSITY OF NEW YORK (CUNY) INSTITUTIONS. IN 2024 THROUGH PHCF'S SUPPORT, A TOTAL OF TWO COHORTS OF NYCHA RESIDENTS EACH COMPLETED THE FOOD BUSINESS PATHWAYS AND CHILDCARE BUSINESS PATHWAYS PROGRAMS, AND ARE PREPARED TO LAUNCH THEIR OWN FOOD AND HOME CHILDCARE BUSINESSES. IN ADDITION, 17 NYCHA RESIDENTS COMPLETED HEATING TECHNICIAN TRAINING THROUGH SUPPORT FROM THE PUBLIC HOUSING COMMUNITY FUND.

    Expenses $2,870,537 · Grants $151,260

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joanne Wilson

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Diallo Powell

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Liz Neumark

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Ukah Busgith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rosina Abramson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Beane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Gomez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Lindor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Reggie Thomas

    DIRECTOR THRU EARLY 24

    Total calculated
    $0
    Hours/week
    1
  • Annie Koo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Annika Lescott-Martinez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Kaminsky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jessica Sherman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Bova-Hiatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sideya Sherman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julio E Cordova

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Blondel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marquise Stillwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Cullinen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jonnel Doris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen S Cornick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alex Zablocki

    EXECUTIVE DIRECTOR

    Total calculated
    $199,998
    From this org
    $199,998
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $199,998
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $199,998
  • Claire McLeveighn

    CHIEF STRATEGIC ENGAGEMENT OFFICER

    Total calculated
    $122,999
    From this org
    $122,999
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
23 July 2025
IRS schema version
2024v5.2
Source object
202502049349301255

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