HOUSING DEVELOPMENT CORPORATION OF NE PA

Address
163 AMBER LANE
WILKESBARRE, PA 187026545
Contact
Phone: +1 (570) 824-4803
Nonprofit
NTEE: L20 - Housing Development, Construction, Management
EIN: 23-2322175

Mission

LOW AND MODERATE INCOME HOUSING
 201620152014
Basic features of the organization
Year of formation1984
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area7560
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$82,031.00$63,748.00$97,637.00
Sum of reportable (W2/1099) compensation$82,031.00$63,748.00$97,637.00
Number of employees373231
Number of people compensated >$100k000
Number of volunteers1077
Number of highly compensated contractors110
Personnel
Adams, Charles
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personCHARLES ADAMSCHARLES ADAMSCHARLES ADAMS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Brady, Eugene
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personEUGENE M BRADYEUGENE M BRADYEUGENE M BRADY
Average hours per week working for org15.0015.0015.00
Reportable compensation from org$82,031.00$63,748.00$97,637.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Hulsizer, Tammy
TitleBOARD MEMBERBOARD MEMBER 
Name of key/compensated personTAMMY HULSIZERTAMMY HULSIZER 
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 directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Lettieri, Fred
TitleVICE PRESIDENTVICE PRESIDENTBOARD MEMBER
Name of key/compensated personFRED F LETTIERIFRED F LETTIERIFRED F LETTIERI
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Namey, John
Title  V.P./TREASURER
Name of key/compensated person  JOHN NAMEY
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Rostowski, Sandra
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personSANDRA ROSTOWSKISANDRA ROSTOWSKISANDRA ROSTOWSKI
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Soto, Julissa
Title  BOARD MEMBER
Name of key/compensated person  JULISSA SOTO
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Vullo, Joseph
TitleCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personATTORNEY JOSEPH VULLOATTORNEY JOSEPH VULLOATTORNEY JOSEPH VULLO
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesLOW AND MODERATE INCOME HOUSINGLOW AND MODERATE INCOME HOUSINGLOW AND MODERATE INCOME HOUSING
Program expenses (total)$1,341,645.00$1,230,356.00$1,443,516.00
Programs, including revenue & expenses
HOUSING DEVELOPMENT CORPORATION OF NORTHEASTERN PA ACQUIRES, DEVELOPS, AND CONSTRUCTS HOUSING, PRINCIPALLY FOR SALE TO ELIGIBLE LOW AND MODERATE INCOME FAMILIES.
Program expenses$1,341,645.00$1,230,356.00$1,443,516.00
Grants and allocations made$669,631.00$502,858.00$680,551.00
Program revenue$330,095.00$284,263.00$507,467.00
Program descriptionHOUSING DEVELOPMENT CORPORATION OF NORTHEASTERN PA ACQUIRES, DEVELOPS, AND CONSTRUCTS HOUSING, PRINCIPALLY FOR SALE TO ELIGIBLE LOW AND MODERATE INCOME FAMILIES.HOUSING DEVELOPMENT CORPORATION OF NORTHEASTERN PA ACQUIRES, DEVELOPS, AND CONSTRUCTS HOUSING, PRINCIPALLY FOR SALE TO ELIGIBLE LOW AND MODERATE INCOME FAMILIES.HOUSING DEVELOPMENT CORPORATION OF NORTHEASTERN PA ACQUIRES, DEVELOPS, AND CONSTRUCTS HOUSING, PRINCIPALLY FOR SALE TO ELIGIBLE LOW AND MODERATE INCOME FAMILIES.
Financial data
Expense categories (totals)
Sum (total functional expenses)$1,506,448.00$1,382,677.00$1,623,682.00
Program services (total functional expenses)$1,341,645.00$1,230,356.00$1,443,516.00
Management & general (total functional expenses)$164,803.00$152,321.00$180,166.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$1,669,203.00$1,299,630.00$1,647,865.00
Program service revenue (total)$232,393.00$226,379.00$229,061.00
Revenue from contributions (total)$1,301,826.00$974,975.00$1,101,649.00
Investment income$48,051.00$23,143.00$271,782.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$86,933.00$75,133.00$45,373.00
Net unrelated business taxable revenue$0.00$0.00$0.00
Total revenue from grants, etc., current yr$1,301,826.00$974,975.00$1,101,649.00
Gross receipts$1,804,924.00$1,412,757.00$3,268,137.00
Sources of contributions
Revenue from gov't grants$1,062,826.00$953,975.00$1,096,649.00
Revenue from all other contributions$239,000.00$21,000.00$5,000.00
Other types of revenue
Miscellaneous revenue (total)$69,667.00$42,000.00$5,146.00
Income from dividends, interest, and similar investments$37,282.00$40,392.00$38,749.00
Net rental income$17,266.00$33,133.00$40,227.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Accounting service fees (total)$26,308.00$25,615.00$24,404.00
Assets and liabilities
Total assets$6,497,745.00$5,586,882.00$5,551,530.00
Total assets, beginning of year$5,586,882.00$5,551,530.00$7,176,917.00
Total liabilities$3,181,609.00$2,439,666.00$2,298,679.00
Total liabilities, beginning of year$2,439,666.00$2,298,679.00$3,951,823.00
Pledges & accounts receivable, net$458,888.00$364,235.00$359,709.00
Temporarily restricted net assets$214,681.00  
Net assets$3,316,136.00$3,147,216.00$3,252,851.00
Net assets, beginning of year$3,147,216.00$3,252,851.00$3,225,094.00
Other liabilities$5,321.00$4,563.00$3,263.00
Other assets$1,325,101.00$354,216.00$0.00
Investments: other securities$253,541.00$242,772.00$244,479.00
Cash: non-interest bearing$250.00$250.00$250.00
Cash: non-interest bearing, beginning of year$250.00$250.00$250.00
Other financial variables
Revenue less expenses$162,755.00-$83,047.00$24,183.00
Advertising (total)$1,236.00$2,432.00$2,587.00
Savings & temp cash investment$1,666,882.00$1,683,652.00$1,802,863.00
Accounts payable & accrued expenses$45,001.00$55,148.00$99,614.00
Deferred revenue$3,131,287.00$2,379,955.00$2,195,802.00
Total net assets or fund balances$3,316,136.00$3,147,216.00$3,252,851.00
Depreciation, depletion, amortization$95,200.00$96,305.00$97,539.00
Governance and accountability
Number of voting members554
Number of independent voting members554
Financial sheets auditedTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
LobbiedTrueTrueTrue
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-01-192017-03-022016-01-20
IRS schema version2016v3.02015v2.12014v5.0
Filing identifier201743199349302164201603199349305595201513209349301956
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