Urban Resources Development Corporation

Address
6001 Germantown Avenue
Philadelphia, PA 19144
Contact
Website: http://www.urbanresources.org
Phone: +1 (215) 680-1175
Nonprofit
NTEE: S20 - Community, Neighborhood Development, Improvement (General)
EIN: 23-2017912

Mission

Organization continues program for repair of owner-occupied homes, assisting
 201720162015
Basic features of the organization
Doing business as nameURDC
Year of formation1995
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area6162
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$13,587.00  
Sum of reportable (W2/1099) compensation$11,128.00$7,615.00$390.00
Number of employees000
Number of people compensated >$100k00 
Number of volunteers545454
Number of highly compensated contractors0  
Personnel
McDermott, Barbara
TitleVice PresidentVice President 
Name of key/compensated personBARBARA MCDERMOTTBARBARA MCDERMOTT 
Average hours per week working for org2.002.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Ragland, Karen
TitleTreasurerTreasurerTreasurer
Name of key/compensated personKaren D RaglandKaren D RaglandKaren D Ragland
Average hours per week working for org3.003.003.00
Reportable compensation from org$445.00$390.00$390.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Rhoton, Dan
TitlePresidentPresident 
Name of key/compensated personDAN RHOTONDAN RHOTON 
Average hours per week working for org2.002.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Turner, Betty
TitleSecretarySecretary 
Name of key/compensated personBETTY JANE TURNERBETTY JANE TURNER 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Waldo, Joseph
TitleExecutive DirExecutive Dir 
Name of key/compensated personJOSEPH WALDOJOSEPH WALDO 
Average hours per week working for org20.0020.00 
Reportable compensation from org$10,683.00$7,225.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Purpose: mission, activities & accomplishments
Mission or significant activitiesORGANIZATION CONTINUES PROGRAM FOR REPAIR OF OWNER-OCCUPIED HOMES, ASSISTING LOW INCOME & ELDERLY HOMEOWNERS REQUIRING REPAIRS TO THEIR HOMES. ALSO PROVIDES (2) RENTAL PROPERTIES TO LOW-INCOME TENANTS. NET RENTS PROVIDE FUNDING FOR REPAIR PROGRAM.The organization continues its program for the repair of owner-occupied homes. This program assists low income and elderly homeowners requiring repairs to their homes.The organization continues its program for the repair of owner occupied homes. This program assists low income and elderly homeowners requiring repairs to their homes.
Program expenses (total)$30,639.00$48,600.00$41,628.00
Programs, including revenue & expenses
THE OWNER-OCCUPIED REPAIR PROGRAM (OORP) ASSISTS LOW AND MODERATE INCOME AND/OR SENIOR HOMEOWNERS IN OBTAINING FUNDING TO DO THE NEEDED EXTERIOR REPAIRS ON THEIR HOMES. THIS IS DONE THROUGH A GRANT FOR THOSE WHO NEED ADDITIONAL ASSISTANCE
Program expenses$30,639.00$48,600.00$41,628.00
Grants and allocations made$15,957.00$35,542.00$22,614.00
Program revenue$28,870.00$33,900.00$33,580.00
Program descriptionTHE OWNER-OCCUPIED REPAIR PROGRAM (OORP) ASSISTS LOW AND MODERATE INCOME AND/OR SENIOR HOMEOWNERS IN OBTAINING FUNDING TO DO THE NEEDED EXTERIOR REPAIRS ON THEIR HOMES. THIS IS DONE THROUGH A GRANT FOR THOSE WHO NEED ADDITIONAL ASSISTANCETHE OWNER-OCCUPIED REPAIR PROGRAM (OORP) ASSISTS LOW AND MODERATE INCOME AND/OR SENIOR HOMEOWNERS IN OBTAINING FUNDING TO DO THE NEEDED EXTERIOR REPAIRS ON THEIR HOMES. THIS IS DONE EITHER THROUGH LOW-INTEREST, UNSECURED LOANS FROM NATIONAL PENN BANK AND/OR A GRANT FOR THOSE WHO NEED ADDITIONAL ASSISTANCE OR DO NOT QUALIFY FOR A LOAN.THE OWNER-OCCUPIED REPAIR PROGRAM (OORP) ASSISTS LOW AND MODERATE INCOME AND/OR SENIOR HOMEOWNERS IN OBTAINING FUNDING TO DO THE NEEDED EXTERIOR REPAIRS ON THEIR HOMES. THIS IS DONE EITHER THROUGH LOW-INTEREST, UNSECURED LOANS FROM NATIONAL PENN BANK AND/OR A GRANT FOR THOSE WHO NEED ADDITIONAL ASSISTANCE OR DO NOT QUALIFY FOR A LOAN.
Financial data
Expense categories (totals)
Sum (total functional expenses)$38,793.00$52,341.00$42,168.00
Program services (total functional expenses)$30,639.00$48,600.00$41,628.00
Management & general (total functional expenses)$8,154.00$3,741.00$540.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$37,219.00$62,013.00$36,121.00
Program service revenue (total)  $0.00
Revenue from contributions (total)$35,570.00$55,712.00$46,330.00
Investment income-$7,565.00$60.00$367.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$9,214.00$6,241.00-$10,576.00
Total revenue from grants, etc., current yr$35,570.00$55,712.00$46,330.00
Gross receipts$76,982.00$70,610.00$60,833.00
Sources of contributions
Revenue from all other contributions$35,570.00$55,712.00$46,330.00
Other types of revenue
Miscellaneous revenue (total)$287.00  
Income from dividends, interest, and similar investments $60.00$367.00
Net rental income$8,927.00$6,241.00-$10,576.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$0.00$8,797.00$16,330.00
Accounting service fees (total)$445.00$390.00$390.00
Assets and liabilities
Total assets$148,352.00$150,165.00$153,486.00
Total assets, beginning of year$150,165.00$153,486.00$148,594.00
Total liabilities$3,243.00$2,582.00$8,042.00
Total liabilities, beginning of year$2,582.00$8,042.00$2,167.00
Net assets$145,109.00$147,583.00$145,444.00
Net assets, beginning of year$147,583.00$145,444.00$146,427.00
Cash: non-interest bearing$38,015.00$7,273.00$5,367.00
Cash: non-interest bearing, beginning of year$7,273.00$5,367.00$16,118.00
Other financial variables
Revenue less expenses-$1,574.00$9,672.00-$6,047.00
Advertising (total)$1,452.00$750.00$307.00
Savings & temp cash investment$40,270.00$40,210.00$40,150.00
Prepaid expenses & deferred charges$200.00$250.00$200.00
Accounts payable & accrued expenses$1,368.00$707.00$6,167.00
Deferred revenue$1,875.00$1,875.00$1,875.00
Total net assets or fund balances$145,109.00$147,583.00$145,444.00
Depreciation, depletion, amortization $2,669.00 
Governance and accountability
Number of voting members262222
Number of independent voting members262222
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-312016-12-312015-12-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Outstanding loan to key person or disqualified person TrueTrue
Business transaction with employeeTrue True
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-10-012017-11-092016-11-07
IRS schema version2017v2.22016v3.02015v2.1
Filing identifier201842029349300104201722549349300122201622299349300402
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