Skip to content
Nonprofiteer
← WESTCHESTER RESIDENTIAL OPPORTUNITIES INC

Form 990 for tax year 2022

Filed by WESTCHESTER RESIDENTIAL OPPORTUNITIES INC.

Totals

Total revenue
$7,053,204
Total expenses
$5,626,606
Contributions and grants received
$6,657,882
Grants paid
$3,072,506
Program service revenue
$369,287
Investment income
$26,035
Other revenue
$0
Total assets, end of year
$5,135,150
Total liabilities, end of year
$1,062,124
Net assets or fund balances, end of year
$4,073,026
Program services expenses (Part IX)
$4,994,906
Management and general expenses
$539,048
Fundraising expenses
$92,652
Program service expenses (Part III)
$4,994,906

Program services were 88.8% 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.

  • 1e · Government grants (contributions)

    $4,904,613

  • 1f · All other contributions, gifts and grants

    $1,753,269

  • 2a · Program service revenue: RENTAL INCOME

    total $193,054 · related or exempt $193,054

  • 2b · Program service revenue: SETTLEMENT INCOME

    total $110,000 · related or exempt $110,000

  • 2c · Program service revenue: PROGRAM FEES

    total $66,233 · related or exempt $66,233

  • 3 · Investment income

    total $26,035 · excluded $26,035

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,300 · program services $43,300

  • 2 · Grants to domestic individuals

    total $3,029,206 · program services $3,029,206

  • 5 · Compensation of officers, directors and key employees

    total $142,751 · program services $71,376 · management and general $71,375

  • 7 · Other salaries and wages

    total $1,449,311 · program services $1,200,452 · management and general $188,192 · fundraising $60,667

  • 9 · Other employee benefits

    total $169,538 · program services $139,253 · management and general $23,338 · fundraising $6,947

  • 10 · Payroll taxes

    total $147,909 · program services $118,478 · management and general $23,754 · fundraising $5,677

  • 11b · Fees: legal

    total $5,451 · program services $5,451

  • 11c · Fees: accounting

    total $46,650 · management and general $46,650

  • 11g · Fees: other

    total $128,092 · program services $29,557 · management and general $97,158 · fundraising $1,377

  • 12 · Advertising and promotion

    total $4,399 · program services $2,679 · management and general $105 · fundraising $1,615

  • 13 · Office expenses

    total $70,733 · program services $51,943 · management and general $11,405 · fundraising $7,385

  • 14 · Information technology

    total $89,836 · program services $68,761 · management and general $17,780 · fundraising $3,295

  • 16 · Occupancy

    total $123,979 · program services $90,367 · management and general $29,898 · fundraising $3,714

  • 17 · Travel

    total $65,333 · program services $57,277 · management and general $7,957 · fundraising $99

  • 22 · Depreciation, depletion and amortization

    total $5,015 · management and general $5,015

  • 23 · Insurance

    total $50,887 · program services $34,129 · management and general $15,123 · fundraising $1,635

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $54,216 · program services $52,677 · management and general $1,298 · fundraising $241

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $146,963 · end of year $618,896

  • 2 · Savings and temporary cash investments

    beginning of year $607,674 · end of year $51,910

  • 4 · Accounts receivable

    beginning of year $1,489,182 · end of year $1,717,921

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

    $39,505

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

    $23,809

  • 10c · Land, buildings and equipment, net

    beginning of year $16,836 · end of year $15,696

  • 11 · Investments: publicly traded securities

    beginning of year $600,075 · end of year $1,575,695

  • 15 · Other assets

    beginning of year $434,931 · end of year $1,155,032

  • 17 · Accounts payable and accrued expenses

    beginning of year $46,807 · end of year $47,357

  • 19 · Deferred revenue

    beginning of year $735,644 · end of year $277,472

  • 25 · Other liabilities

    beginning of year $0 · end of year $737,295

  • 27 · Net assets without donor restrictions

    beginning of year $1,755,988 · end of year $3,701,205

  • 28 · Net assets with donor restrictions

    beginning of year $757,222 · end of year $371,821

Mission and programs · 2022

Mission

WESTCHESTER RESIDENTIAL OPPORTUNITIES (WRO) IS A HUD-CERTIFIED HOUSING COUNSELING AGENCY WITH SPECIALIZED PROGRAMS TO COMBAT HOUSING DISCRIMINATION, AND TO ASSIST FIRST TIME HOMEBUYERS, THE ELDERLY AND THOSE FACING EVICTION OR MORTGAGE DEFAULT. ADDITIONALLY, WRO PROVIDES HOUSING AND CASE MANAGEMENT FOR PEOPLE WITH MENTAL ILLNESS. WRO PROMOTES HOUSING MOBILITY AND STABILITY FOR MARGINALIZED POPULATIONS, AND LOW-TO-MODERATE INCOME GROUPS.

Activities or mission (Part I)

WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. (WRO) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE EQUAL, AFFORDABLE, AND ACCESSIBLE HOUSING OPPORTUNITIES FOR ALL RESIDENTS OF OUR REGION.

  • INDEPENDENT LIVING PROGRAMTHE INDEPENDENT LIVING PROGRAM CONSISTS OF OUR SUPPORTED HOUSING APARTMENT PROGRAM, OUR SINGLE ROOM OCCUPANCY (SRO) PROGRAM, AND AN EDUCATION AND OUTREACH COMPONENT. IN 2022, THE SUPPORTED HOUSING PROGRAM PROVIDED INDIVIDUALIZED HOUSING-RELATED CASE MANAGEMENT SERVICES AND RENTAL ASSISTANCE TO 45 ADULTS RECOVERING FROM SERIOUS MENTAL ILLNESS, WHO WISH TO OBTAIN PERMANENT, AFFORDABLE, AND INDEPENDENT HOUSING. THE SINGLE ROOM OCCUPANCY PROGRAM STAFF PROVIDED HOUSING AND SUPPORTIVE SERVICES AND SUPERVISION TO ADULTS RESIDING IN OUR 9 BEDROOM SRO IN 2022.ADDITIONALLY, WRO PROVIDES HOUSING, HOMELESS OUTREACH, AND CASE MANAGEMENT FOR PEOPLE WITH MENTAL ILLNESS. WRO PROMOTES HOUSING MOBILITY AND STABILITY FOR MARGINALIZED POPULATIONS, AND LOW-TO-MODERATE INCOME GROUPS.

    Expenses $1,274,196 · Grants $800,267 · Revenue $193,054

  • EVICTION PREVENTION & RENTAL ASSISTANCE PROGRAMWRO ASSISTS QUALIFIED HOUSEHOLDS FACING RENTAL AND/OR UTILITY ARREARS, BY PROVIDING FINANCIAL ASSISTANCE GRANTS AGAINST THOSE ARREARS. WRO ALSO WORKS WITH HOUSEHOLDS LOOKING TO SECURE RENTAL HOUSING BY PROVIDING FINANCIAL ASSISTANCE GRANTS FOR SECURITY DEPOSITS, MOVING EXPENSES, FIRST MONTH'S RENT, ETC. IN ADDITION TO PROVIDING FINANCIAL ASSISTANCE, THE PROGRAM (1) PROVIDES COUNSELING TO PRIMARILY LOW-TO-MODERATE INCOME HOUSEHOLDS TO FIND AND MAINTAIN AFFORDABLE HOUSING, (2) NEGOTIATES WITH LANDLORDS TO HELP KEEP PEOPLE HOUSED, AND (3) MAKES REFERRALS AS APPROPRIATE TO LOCATE ADDITIONAL SOURCES OF FINANCIAL AND OTHER FORMS OF ASSISTANCE. IN 2022, THE PROGRAM ASSISTED ROUGHLY 1,000 INDIVIDUALS AND FAMILIES.

    Expenses $2,616,336 · Grants $2,179,420

  • FAIR HOUSING PROGRAMWRO'S FAIR HOUSING PROGRAM WORKS TO ELIMINATE DISCRIMINATION IN THE HOUSING AND LENDING MARKETS. THE PROGRAM HANDLES COMPLAINTS AND CONDUCTS INVESTIGATIONS, INCLUDING BOTH SYSTEMIC AND COMPLIANT-BASED TESTING, AND ACCESSIBLE DESIGN AND CONSTRUCTION INVESTIGATIONS. ACCESSIBLE DESIGN AND CONSTRUCTION SURVEYS ARE CONDUCTED TO PROMOTE HOUSING ACCESS FOR PEOPLE WITH DISABILITIES. WRO'S FAIR HOUSING PROGRAM PROVIDES EDUCATION AND OUTREACH TO CONSUMERS, CIVIC AND BUSINESS AND OTHER NON-PROFIT ORGANIZATIONS, AND TRAINS REAL ESTATE PROFESSIONALS, CO-OP BOARDS AND MANAGEMENT COMPANIES TO COMPLY WITH FAIR HOUSING LAWS. IN 2022, APPROXIMATELY 150 FAMILIES AND INDIVIDUALS WERE ASSISTED WITH FAIR HOUSING COMPLAINTS, AND OVER 450 REAL ESTATE PROFESSIONALS AND 90 CO-OP APARTMENT DIRECTORS WERE TRAINED IN OUR FAIR HOUSING WORKSHOPS.

    Expenses $673,539 · Grants $454 · Revenue $110,000

  • HOME OWNERSHIP PROGRAMSWRO PROVIDES ASSISTANCE TO QUALIFIED HOUSEHOLDS IN TWO AREAS: (A) FIRST-TIME HOMEBUYING (PROVIDING EDUCATION AND COUNSELING PROGRAMS IN SPANISH AND ENGLISH ON THE HOMEBUYING PROCESS, AS WELL AS FACILITATING ACCESS TO VARIOUS DOWN-PAYMENT AND CLOSING COST ASSISTANCE PROGRAMS). IN 2022, 227 INDIVIDUALS PARTICIPATED IN OUR HOMEBUYING WORKSHOPS, AND 25 CLIENTS PURCHASED A HOME, INCLUDING 18 WHO RECEIVED A TOTAL OF $152,334 IN GRANTS TO PURCHASE THEIR HOMES. (B) MORTGAGE FORECLOSURE PREVENTION (ASSISTING HOMEOWNERS WHO ARE FACING FORECLOSURE DUE TO TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, INCLUDING EXPLORING POSSIBLE OPTIONS AVAILABLE WITH THEIR LENDER). IN 2022, WE SERVED 135 CLIENTS, AND CLOSED ON 70 LOAN MODIFICATIONS OR REINSTATEMENTS.

    Expenses $430,835 · Grants $92,365 · Revenue $66,233

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MARGARET M FLINT ESQ

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LEAH CARO

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DEBRA BUDETTI

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • THOMAS RICE ESQ

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • HENRY J CARNAGE

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • LAURENCE BEILENSON

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    1

  • TRAVIS BOWENS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOSEPH A DISALVO ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BARRY KRAMER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JODEE MACDONALD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID MOORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DENNIS D PARKER ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DEBRA THOMPSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • WENDY MARIE WEATHERS ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALAN R WOLFERT ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • NICK BEILENSON

    BOARD MEMBER THRU 02/22/2022

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • LINDA M GRACE-HEYWARD

    BOARD MEMBER THRU 03/29/2022

    Total calculated
    $0
    Hours/week
    1

  • LINDA PUOPLO

    BOARD MEMBER THRU 09/20/2022

    Total calculated
    $0
    Hours/week
    1

  • MARLENE ZARFES

    EXECUTIVE DIRECTOR

    Total calculated
    $142,752
    From this org
    $125,576
    From related orgs
    $0
    Other
    $17,176
    Hours/week
    34 + 1 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.

  • BIRNAM WOOD ASSOCIATES LTD

    501(C)(3) · PROVIDE HOUSING TO LOW INCOME MENTALLY ILL INDIVIDUALS · NY · controlled entity

    Directly controlled by WESTCHESTER RESIDENTIAL OPPORTUNITIES INC

Provenance

Return type
form_990
Tax year
2022
Filed
23 August 2023
IRS schema version
2022v5.0
Source object
202342359349300049

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

The source document this was parsed from is served over the API, which is where bulk and document access live.