PCMH HULL HOUSING DEVELOPMENT FUND CORPORATION

Address
158 EAST 35TH STREET
NEW YORK, NY 10016
Contact
Phone: +1 (212) 889-5500
Nonprofit
NTEE: L21 - Public Housing Facilities
EIN: 27-3047041

Mission

the corporation is organized exclusively for the purpose of developing a housing project for persons of low income.
 2017201620152013
Basic features of the organization
Year of formation2010
Subsection code04
PF filing required0   
Metropolitan statistical area5602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00  
Number of employees00  
Number of people compensated >$100k00  
Number of volunteers22  
Number of highly compensated contractors00  
Personnel
Barak, Jacob
TitlePRESIDENT & CEOPRESIDENT & CEO  
Name of key/compensated personJACOB BARAK PHDJACOB BARAK PHD  
Position of compensated person
Current individual trustee or directorTrueTrue  
Current officerTrueTrue  
Average hours per week working for org1.001.00  
Reportable compensation from org$0.00$0.00  
Breakdown of reportable comp
Base reportable compensation from org$0.00$0.00  
Bonus and incentive reportable compensation$0.00$0.00  
Other reportable compensation from org$0.00$0.00  
Retirement and other deferred compensation$0.00$0.00  
Nontaxable benefits from org$0.00$0.00  
Compensation from org previously reported as deferred$0.00$0.00  
Other comp, non-reportable, from org and related orgs$175,970.00$162,010.00  
Sum of all compensation from org$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $810,566.00$813,314.00  
Average hours per week working for related orgs34.0034.00  
Burke, Christopher
TitleTREASURERTREASURER  
Name of key/compensated personCHRISTOPHER BURKECHRISTOPHER BURKE  
Position of compensated person
Current individual trustee or directorTrueTrue  
Current officerTrueTrue  
Average hours per week working for org0.100.10  
Reportable compensation from org$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00  
Average hours per week working for related orgs5.305.20  
Holman, Marcia
TitleVICE PRESIDENT thru October 2016VICE PRESIDENT  
Name of key/compensated personMARCIA B HOLMANMARCIA B HOLMAN  
Position of compensated person
Current individual trustee or directorTrueTrue  
Current officerTrueTrue  
Average hours per week working for org1.001.00  
Reportable compensation from org$0.00$0.00  
Breakdown of reportable comp
Base reportable compensation from org$0.00$0.00  
Bonus and incentive reportable compensation$0.00$0.00  
Other reportable compensation from org$0.00$0.00  
Retirement and other deferred compensation$0.00$0.00  
Nontaxable benefits from org$0.00$0.00  
Compensation from org previously reported as deferred$0.00$0.00  
Other comp, non-reportable, from org and related orgs$67,900.00$65,374.00  
Sum of all compensation from org$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $222,797.00$214,098.00  
Average hours per week working for related orgs34.0034.00  
Leonelli, William
TitleVice PresidentVP OF FINANCE  
Name of key/compensated personWILLIAM LEONELLIWILLIAM LEONELLI  
Position of compensated person
Current officerTrueTrue  
Average hours per week working for org1.001.00  
Reportable compensation from org$0.00$0.00  
Breakdown of reportable comp
Base reportable compensation from org$0.00$0.00  
Bonus and incentive reportable compensation$0.00$0.00  
Other reportable compensation from org$0.00$0.00  
Retirement and other deferred compensation$0.00$0.00  
Nontaxable benefits from org$0.00$0.00  
Compensation from org previously reported as deferred$0.00$0.00  
Other comp, non-reportable, from org and related orgs$8,623.00$9,574.00  
Sum of all compensation from org$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $178,402.00$170,437.00  
Average hours per week working for related orgs34.0034.00  
More-Benerofe, Ada
TitleSECRETARYSECRETARY  
Name of key/compensated personADA More-BenerofeADA MORE-BENEROFE  
Position of compensated person
Current individual trustee or directorTrueTrue  
Current officerTrueTrue  
Average hours per week working for org0.100.10  
Reportable compensation from org$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00  
Average hours per week working for related orgs5.305.20  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOME.THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOME.  
Program service expenses, total$314,847.00$323,756.00  
Programs, including revenue & expenses
the corporation is organized exclusively for the purpose of developing a housing project for persons of low income.
Program expenses$314,847.00$323,756.00  
Program revenue$46,112.00$45,889.00  
Program descriptionthe corporation is organized exclusively for the purpose of developing a housing project for persons of low income.THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOME.  
Financial data
Revenue
Total revenue$644,981.00$644,758.00  
Revenue from contributions (total)$598,869.00$598,869.00$598,869.00$0.00
Investment income, current yr$0.00$0.00  
Total revenue from grants, etc., current yr$598,869.00$598,869.00  
Total unrelated business revenue$0.00$0.00  
Other revenue, current yr$0.00$0.00  
Net unrelated business taxable revenue$0.00$0.00  
Program service revenue (total)$46,112.00$45,889.00$45,661.00$0.00
Gross receipts$644,981.00$644,758.00  
Sources of contributions
Revenue from gov't grants$598,869.00$598,869.00  
Other types of revenue
Net rental income  $0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$314,847.00$323,756.00  
Total functional expenses: program service $314,847.00$323,756.00  
Total functional expenses: management and general$0.00$0.00  
Total functional expenses: fundraising$0.00$0.00  
Fees for services
Fundraising service fees (total)$0.00$0.00  
Assets and liabilities
Total assets$9,267,327.00$9,223,652.00$9,177,763.00$10.00
Total assets, beginning of year$9,223,652.00$9,177,763.00  
Total liabilities$7,437,432.00$7,723,891.00$7,999,004.00$10.00
Total liabilities, beginning of year$7,723,891.00$7,999,004.00  
Unrestricted net assets, end of yr$1,829,895.00$1,499,761.00  
Net assets$1,829,895.00$1,499,761.00  
Net assets, beginning of year$1,499,761.00$1,178,759.00  
Bond liabilities$7,437,432.00$7,723,891.00  
Investments -- program-related$9,267,327.00$9,223,652.00  
Other financial variables
Revenue less expenses$330,134.00$321,002.00  
Total net assets or fund balances$1,829,895.00$1,499,761.00  
Governance and accountability
Number of voting members34  
Number of independent voting members22  
Financial sheets auditedTrueTrue  
Audit on consolidated basisTrueTrue  
Accrual accountingTrueTrue  
Tax year start date2016-07-012015-07-01  
Tax year end date2017-06-012016-06-012015-06-012013-06-01
Indicators for schedules (selected)
Org has controlled entityTrueTrue  
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990  
Date e-filing submitted2018-06-212017-09-18  
IRS schema version2016v3.02015v3.0  
Filing identifier201821349349308612201731359349305258  
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