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← FORESIGHT AFFORDABLE HOUSING OF PENNSYLVANIA INC

Form 990 for tax year 2025

Filed by FORESIGHT AFFORDABLE HOUSING OF PENNSYLVANIA INC.

Totals

Total revenue
$1,552,787
Total expenses
$1,679,983
Contributions and grants received
$19,786
Grants paid
$73,210
Program service revenue
$1,511,560
Investment income
$12,158
Other revenue
$9,283
Total assets, end of year
$3,009,433
Total liabilities, end of year
$2,634,435
Net assets or fund balances, end of year
$374,998
Program services expenses (Part IX)
$1,468,984
Management and general expenses
$210,999
Fundraising expenses
$0
Program service expenses (Part III)
$1,468,984

Program services were 87.4% 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.

  • 1d · Related organizations

    $19,786

  • 2a · Program service revenue: RENTAL INCOME - TENANTS PAYMENTS

    total $774,944 · related or exempt $774,944 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: RENTAL INCOME - HUD SECTION 8

    total $736,616 · related or exempt $736,616 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $12,158 · related or exempt $0 · unrelated business $0 · excluded $12,158

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $9,283 · related or exempt $0 · unrelated business $0 · excluded $9,283

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $9,283

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $73,210 · program services $73,210

  • 11a · Fees: management

    total $93,935 · program services $0 · management and general $93,935 · fundraising $0

  • 11b · Fees: legal

    total $1,919 · program services $0 · management and general $1,919 · fundraising $0

  • 11c · Fees: accounting

    total $23,681 · program services $0 · management and general $23,681 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $28,091 · program services $0 · management and general $28,091 · fundraising $0

  • 16 · Occupancy

    total $901,768 · program services $901,768 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $166,505 · program services $166,505 · management and general $0 · fundraising $0

  • 24a · Other expenses: ALLOCATED WAGES & FRINGES

    total $373,421 · program services $327,501 · management and general $45,920 · fundraising $0

  • 24b · Other expenses: MISCELLANEOUS EXPENSES

    total $17,453 · program services $0 · management and general $17,453 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $750 · end of year $1,250

  • 2 · Savings and temporary cash investments

    beginning of year $131,901 · end of year $120,807

  • 4 · Accounts receivable

    beginning of year $25,157 · end of year $23,477

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $57,263 · end of year $55,842

  • 10a · Land, buildings and equipment: cost or other basis

    $5,649,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,651,246

  • 10c · Land, buildings and equipment, net

    beginning of year $2,116,831 · end of year $1,997,754

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $693,125 · end of year $810,303

  • 17 · Accounts payable and accrued expenses

    beginning of year $55,385 · end of year $156,548

  • 19 · Deferred revenue

    beginning of year $24,059 · end of year $22,498

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $2,384,491 · end of year $2,395,574

  • 25 · Other liabilities

    beginning of year $58,898 · end of year $59,815

  • 27 · Net assets without donor restrictions

    beginning of year $502,194 · end of year $374,998

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

FORESIGHT AFFORDABLE HOUSING OF PENNSYLVANIA, INC. WAS FORMED UNDER THE LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOME OWNERSHIP ACT OF 1990 ("LIHPRHA") TO OPERATE AN APARTMENT COMPLEX OF 111 UNITS LOCATED IN BETHLEHEM, PENNSYLVANIA.

Activities or mission (Part I)

FORESIGHT AFFORDABLE HOUSING OF PA, INC. WAS FORMED TO MAINTAIN AND OPERATE AN AFFORDABLE HOUSING COMMUNITY CONSISTING OF 111 TOTAL HOUSING UNITS.

  • TO MAINTAIN AND OPERATE AN AFFORDABLE HOUSING COMMUNITY CONSISTING OF 111 TOTAL UNITS.

    Expenses $1,468,984 · Grants $73,210 · Revenue $1,511,560

As filed on the 2025 return.

Listed in Part VII

  • Dr Bruce Johnson

    PRESIDENT

    Total calculated
    $143,814
    From this org
    $0
    From related orgs
    $123,379
    Other
    $20,435
    Hours/week
    1 + 20 related

  • E James Henderson

    VICE PRESIDENT/ASSISTANT SECRETARY

    Total calculated
    $42,337
    From this org
    $0
    From related orgs
    $42,337
    Other
    $0
    Hours/week
    1 + 10 related

  • Michael Byrnes

    SECRETARY/TREASURER

    Total calculated
    $22,042
    From this org
    $0
    From related orgs
    $22,042
    Other
    $0
    Hours/week
    1 + 10 related

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
6 May 2026
IRS schema version
2025v4.1
Source object
202601269349303040

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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