Form 990 for tax year 2022
Filed by HOUSING PARTNERSHIP FOR MORRIS COUNTY INC.
Totals
- Total revenue
- $595,417
- Total expenses
- $647,910
- Contributions and grants received
- $472,611
- Grants paid
- $0
- Program service revenue
- $120,037
- Investment income
- $2,019
- Other revenue
- $750
- Total assets, end of year
- $2,120,949
- Total liabilities, end of year
- $325,481
- Net assets or fund balances, end of year
- $1,795,468
- Program services expenses (Part IX)
- $522,574
- Management and general expenses
- $82,286
- Fundraising expenses
- $43,050
- Program service expenses (Part III)
- $522,574
Program services were 80.7% 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.
-
1b · Membership dues
$131,500
-
1c · Fundraising events
$12,003
-
1e · Government grants (contributions)
$287,596
-
1f · All other contributions, gifts and grants
$41,512
-
2a · Program service revenue: CLIENT COUNSELING INCO
total $120,037 · related or exempt $120,037
-
3 · Investment income
total $2,019 · excluded $2,019
-
8a · Fundraising events: gross income
$9,651
-
8a · Fundraising events: contributions included on line 1c
$12,003
-
8b · Fundraising events: direct expenses
$9,651
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: OTHER INCOME
total $750 · related or exempt $750
-
11e · Other revenue, total
$750
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $104,375 · program services $83,500 · management and general $13,569 · fundraising $7,306
-
7 · Other salaries and wages
total $220,681 · program services $176,545 · management and general $28,689 · fundraising $15,447
-
8 · Pension plan contributions
total $3,919 · program services $3,135 · management and general $509 · fundraising $275
-
9 · Other employee benefits
total $4,948 · program services $3,958 · management and general $643 · fundraising $347
-
10 · Payroll taxes
total $29,452 · program services $23,562 · management and general $3,829 · fundraising $2,061
-
11g · Fees: other
total $100,397 · program services $80,318 · management and general $13,051 · fundraising $7,028
-
12 · Advertising and promotion
total $10,025 · program services $8,020 · management and general $1,303 · fundraising $702
-
13 · Office expenses
total $41,474 · program services $33,179 · management and general $5,392 · fundraising $2,903
-
16 · Occupancy
total $55,660 · program services $44,528 · management and general $7,236 · fundraising $3,896
-
17 · Travel
total $11,749 · program services $9,399 · management and general $1,528 · fundraising $822
-
20 · Interest
total $2,336 · management and general $2,336
-
22 · Depreciation, depletion and amortization
total $3,666 · program services $2,933 · management and general $476 · fundraising $257
-
23 · Insurance
total $10,311 · program services $8,249 · management and general $1,340 · fundraising $722
-
24a · Other expenses: BAD DEBT EXPENSE
total $23,044 · program services $23,044
-
24b · Other expenses: PROGRAM FACILITY & EQUI
total $10,199 · program services $8,159 · management and general $1,326 · fundraising $714
-
24c · Other expenses: BANK FEES
total $8,146 · program services $6,517 · management and general $1,059 · fundraising $570
-
24d · Other expenses: HOMEBUYER ASSISTANCE
total $7,528 · program services $7,528
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $173,535 · end of year $175,494
-
2 · Savings and temporary cash investments
beginning of year $1,352,488 · end of year $1,307,269
-
3 · Pledges and grants receivable
beginning of year $26,118 · end of year $3,074
-
4 · Accounts receivable
beginning of year $49,215 · end of year $10,341
-
9 · Prepaid expenses and deferred charges
beginning of year $550 · end of year $4,596
-
10a · Land, buildings and equipment: cost or other basis
$135,574
-
10b · Land, buildings and equipment: accumulated depreciation
$117,331
-
10c · Land, buildings and equipment, net
beginning of year $18,380 · end of year $18,243
-
15 · Other assets
beginning of year $445,999 · end of year $601,932
-
17 · Accounts payable and accrued expenses
beginning of year $50,824 · end of year $65,388
-
19 · Deferred revenue
beginning of year $17,500 · end of year $2,500
-
25 · Other liabilities
beginning of year $150,000 · end of year $257,593
-
27 · Net assets without donor restrictions
beginning of year $1,423,778 · end of year $1,791,285
-
28 · Net assets with donor restrictions
beginning of year $424,183 · end of year $4,183
Mission and programs · 2022
Mission
STRENGTHENING COMMUNITIES BY CREATING LASTING AND RESPONSIBLE HOMEOWNERSHIP.
Activities or mission (Part I)
TO PROVIDE A RESOURCE CENTER TO THE PUBLIC REGARDING AFFORDABLE HOUSING.
-
HOUSING PARTNERSHIP FOR MORRIS COUNTY, INC. HELD MANY SEMINARS EDUCATING LOW AND MODERATE INCOME INDIVIDUALS REGARDING AFFORDABLE HOUSING AND FORECLOSURE, AS WELL AS PROVIDED FOLLOW UP MEETINGS TO QUALIFIED ATTENDEES. THE ORGANIZATION WAS ABLE TO CONTINUE TO OFFER SERVICES WHILE TRANSITIONING INTO IN PERSON SERVICES.
Expenses $522,574 · Revenue $120,787
As filed on the 2022 return.
Listed in Part VII
-
Bruce Lovenberg CPABRUCE LOVENBERG CPA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Kenneth R Sauter EsqKENNETH R SAUTER ESQ
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Debra L ZimmerlyDEBRA L ZIMMERLY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Marie BachSARAH MARIE BACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Christopher MignoneCHRISTOPHER MIGNONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark BaumgartenMARK BAUMGARTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Jane NollSARAH JANE NOLL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Deborah JohnsonDEBORAH JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Edward J Buzak EsqEDWARD J BUZAK ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Joel A Murphy EsqJOEL A MURPHY ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Patrick DonofrioPATRICK DONOFRIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Janet MitchellJANET MITCHELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn MorrisCAROLYN MORRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia O'HaganCYNTHIA O'HAGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Amanda ParkerAMANDA PARKER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jessica Padilla-GonzalezJESSICA PADILLA-GONZALEZ
EXECUTIVE DIRECTOR
- Total calculated
- $104,375
- From this org
- $95,109
- From related orgs
- $0
- Other
- $9,266
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303179349308975
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