Multiple Sclerosis Housing INC FY2022 filing

Tax-deductible

Collingswood, NJ501(c)(3)Since 1982Diseases & DisordersEIN 22-2464653Revenue $730K in FY2022

On file with the IRS587 Haddon Ave, 08108-1445 · Collingswood, NJTax-exempt since Jan 1984Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To provide affordable Housing for low-income elderly and handicapped persons.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $35K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$730K
+0.8% vs prior year
Spent
$734K
To programs
100%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$730K
FY2022▲ +0.8%
Tap a bar for its year
Revenue by fiscal year
FY2020$712K
FY2021$725K
FY2022$730K
FY2023$753K
FY2024$785K
FY2024$829K
Expenses
$734K
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$658K
FY2021$704K
FY2022$734K
FY2023$689K
FY2024$746K
FY2024$805K
Net assets
$1.2M
FY2022-0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.2M
FY2023$1.2M
FY2024$1.3M
FY2024$1.3M

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $734K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Multiple Sclerosis Housing INC executive salaries →

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

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for low-income elderly and disabled individuals.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $734K · in their own filed words · FY2021
01

The corporation owns and operates an apartment complex of 40 units which provides housing facilities and services for low-income elderly and handicapped persons. The complex is operated pursuant to section 202 of the national housing act and participates in the section 8 housing assistance payment program.

$734Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$730K
Ln 12
Gifts and grantsLn 1h$604K
Fees for servicesLn 2g$126K
Investment incomeLn 3$237
Money outPt IX
$734K
Ln 25
Programscol B$734K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$205K
Total assetsLn 16$2.9M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$604K
Government grantsLn 1e$604K
Fees for servicesLn 2g$126K
Investment incomeLn 3$237
Total revenueLn 12$730K
Assets in detailPt X, end of year
CashLn 1$205K
Cash and savings togetherLn 1–2$205K
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$1.1M
Total assetsLn 16$2.9M
LiabilitiesLn 26$1.7M
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$188K$205K
Land, buildings, equipmentLn 10c$1.5M$1.3M
Total assetsLn 16$2.9M$2.9M
LiabilitiesLn 26$1.8M$1.7M
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$137K$137K
Other employee benefitsLn 9$36K$36K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$51K$51K
Accounting feesLn 11c$17K$17K
Advertising and promotionLn 12$332$332
Office expensesLn 13$24K$24K
InterestLn 20$65K$65K
Depreciation, depletion and amortizationLn 22$147K$147K
InsuranceLn 23$28K$28K
Other expenses (24a–d)Ln 24$165K$165K
All other expensesLn 24e$49K$49K
Total functional expensesLn 25$734K$734K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $785K$746K$40K$1.3M 990 PDF
FY2023 $753K$689K$64K$1.2M 990 PDF
FY2022 Viewing $730K$734K−$4K$1.2M 990 PDF
FY2021 $725K$704K$21K$1.2M 990 PDF
FY2020 $712K$658K$53K$1.2M 990 PDF

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

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $730,159 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $602,249$603,502
I-9 Program service revenuePrior year $120,772$126,420
I-10 Investment incomePrior year $1,623$237
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $724,644$730,159
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $141,993$186,667
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $561,545$547,587
I-18 Total expensesPrior year $703,538$734,254
I-19 Revenue less expensesPrior year $21,106−$4,095
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $730,159 across 5 lines filed
VIII-1e Government grants$603,502
VIII-1h Total contributions, gifts and grants$603,502
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $126,420$126,420
VIII-3 Investment incomeExcluded from tax $237$237
VIII-12 Total revenueRelated to mission $126,420 · Unrelated business $0 · Excluded from tax $237$730,159
Part IX · Statement of functional expenses $734,254 across 12 lines filed
IX-7 Other salaries and wagesPrograms $137,304$137,304
IX-9 Other employee benefitsPrograms $36,116$36,116
IX-10 Payroll taxesPrograms $13,247$13,247
IX-11a Management feesPrograms $51,256$51,256
IX-11c Accounting feesPrograms $17,040$17,040
IX-12 Advertising and promotionPrograms $332$332
IX-13 Office expensesPrograms $24,184$24,184
IX-20 InterestPrograms $64,650$64,650
IX-22 Depreciation, depletion and amortizationPrograms $147,486$147,486
IX-23 InsurancePrograms $27,849$27,849
IX-24 Other expenses (24a–d)Programs $165,328$165,328
IX-24e All other expensesPrograms $49,462$49,462
IX-25 Total functional expensesPrograms $734,254 · Management $0 · Fundraising $0$734,254
Part X · Balance sheet $2,857,864 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $187,534$204,898
X-4 Accounts receivableStart of year $4,436$5,163
X-9 Prepaid expenses and deferred chargesStart of year $34,645$9,945
X-10c Land, buildings and equipment, netStart of year $1,458,202$1,339,891
X-14 Intangible assetsStart of year $186,436$169,796
X-15 Other assetsStart of year $1,067,536$1,128,171
X-16 Total assetsStart of year $2,938,789$2,857,864
X-17 Accounts payable and accrued expensesStart of year $85,128$75,217
X-19 Deferred revenue$4,651
X-25 Other liabilitiesStart of year $11,403$11,064
X-26 Total liabilitiesStart of year $1,765,664$1,688,809
X-27 Net assets without donor restrictionsStart of year $1,173,125$1,169,055
X-32 Total net assets or fund balancesStart of year $1,173,125$1,169,055
X-33 Total liabilities and net assetsStart of year $2,938,789$2,857,864
Part XI · Reconciliation of net assets $1,169,055 net assets at year end
XI-1 Total revenue$730,159
XI-2 Total expenses$734,254
XI-3 Revenue less expenses−$4,095
XI-4 Net assets at start of year$1,173,125
XI-5 Net unrealized gains (losses) on investments$25
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,169,055

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 pay comparisons above.