Bustleton Housing Development Corporation EIN 20-0870429 Form 990 (PDF) Claim this org

Bustleton Housing Development Corporation FY2020 filing

Not yet claimed Claim this org →

Provides safe, affordable, permanent housing for disabled individuals in Philadelphia. For fiscal year 2020 it reported $216K in revenue, $122K in expenses, and $675K in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Human Services
Location
Philadelphia, PA
Website
missionfirsthousing.org
Filings
5 on file (2020–2020)
Revenue
$216KFY2020
Expenses
$122K
Net assets
$675K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0870429 Public charity (501(c)(3)) Philadelphia, PA Founded 2004
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Bustleton Housing Development Corporation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides safe, affordable, permanent housing for disabled individuals in Philadelphia.
Leadership
John Unger · ESQ., Co-Chair/VP
Money in and out
$216K revenue, $122K expenses
Bottom line
93% program efficiency
Where the money goes · FY2020
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$122K
Pt IX · Ln 25
Net assets
$675K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $94K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+43%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$216K
FY2020
Expenses
$122K
FY2020
Total assets
$915K
FY2020
Total liabilities
$240K
FY2020
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$122K
Pt IX · Ln 25
Net assets
$675K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$94K
Total assetsPt X · Ln 16$915K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $114K of program spending, described in the organization's own filed words · FY2019.
01

Established to provide disabled persons with housing facilities and services designed to meet their physical, social and psychological needs. During the year ended 06/30/2020, the organization provided 11 housing units to disabled persons.

$114Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBustleton Housing Development Corporation
EINHdr · item D20-0870429
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jmissionfirsthousing.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P74)
Ruling yearIRS BMFApr 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
ESQ., Co-Chair/VP
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chair/VP
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Esq.,secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Bustleton Housing Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$155K · 72%
Program service revenue$59K · 27%
Other revenue$2K · 1%
Contributions & grants72%$155K
Program service revenue27%$59K
Other revenue1%$2K
Investment income$48
Total revenueLn 12$216K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$114K
Management & general7%$8K
Total functional expensesLn 25$122K

Balance Sheet

Part X · end of year
CashLn 1$7K
Total assetsLn 16$915K
Total liabilitiesLn 26$240K
Total net assetsLn 32$675K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7K · Operating expenses/yr $122K
0.7 months
Where the money goes
Program services
Program services $114K · Total expenses $122K
93%
Management & General
Management & general $8K · Total expenses $122K
7%
Fundraising
Fundraising $0 · Total expenses $122K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $155K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $155K · Total revenue $216K
72%
Government reliance
Government grants — · Total revenue $216K
Earned-income share
Program service revenue $59K · Total revenue $216K
27%
Investment reliance
Investment income $48 · Total revenue $216K
+0.02%
Program self-sufficiency
Program service revenue $59K · Total expenses $122K
48%
Growth & trend
Revenue growth (YoY)
This year $216K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $675K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $216K · Expenses $122K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $915K
Net-asset ratio
Net assets $675K · Total assets $915K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $915K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Unger · Reported title ESQ., CO-CHAIR/VP · Highest reported compensation $0 · Total expenses $122K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $122K
15%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like Bustleton Housing Development Corporation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$79K revenue · ⤓ 990 PDF
FY2023$76K revenue · ⤓ 990 PDF
FY2022$76K revenue · ⤓ 990 PDF
FY2021$75K revenue · ⤓ 990 PDF
FY2020$216K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.