Nonprofits1260 Housing Development Corporation

Housing & Shelter

1260 Housing Development Corporation

PHILADELPHIA, PA

Total revenue

$19.8M

Total expenses

$16.3M

Net assets

$49.3M

Grants received

$30K

1 grants

EIN

232536730

Tax year

2023

Mission

Established for the purposes of developing, acquiring, financing and managing low income permanent housing for individuals with behavioral health issues as well as individuals in need of transitional and emergency housing in the city of philadelphia, pennsylvania.

Financials

FY 2023

Revenue

Contributions & grants$188
Program service revenue$16.9M
Investment income$2.6M
Other revenue$254K
Total revenue$19.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$16.3M
Total expenses$16.3M
Total assets$83.9M
Net assets$49.3M

People

4 listed

NameRoleCompensation

THOMAS AK QUEENAN

PRESIDENT & CEO

Board

$319K

1 hrs/wk

ROBERT H KWAIT

ASSISTANT SECRETARY, VP

Board

$213K

1 hrs/wk

MARK DEITCHER

ASSISTANT TREASURER, VP

Board

$194K

1 hrs/wk

CHIP DARLING

VICE PRESIDENT & COO

Board

$182K

1 hrs/wk

Independent contractors

JAMES WALSH

RENT

$460K

JOHN MUHAMMAD

RENT

$453K

UCITY PROPERTIES LLC

RENT

$439K

RCMS PROPERTIES LLC

RENT

$405K

BRADHAM PROPERTIES LLC

RENT

$279K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$30K
CAPACITY BUILDING
2020

Funded by

$30K from 1 funder · 1 grant · 2020

Enterprise Community Partners Inc

$30K · 1 grant · 2020

Details

EIN232536730
NTEE codeL210
Subsection03
Ruling date1989-04
Formed1988
Employees0
Volunteers10
1260 HOUSING DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo