Housing Line INC

Tax-deductible

New York, NY501(c)(3)Since 2020HousingEIN 86-2220225Revenue $1.1M in FY2025

On file with the IRS109 East 9th Street, 10003-5413 · New York, NYTax-exempt since Oct 2021Publicly supported — 509(a)(2)

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

The Housing Line Incs mission is to partner with city and state housing agencies and developers to create, develop, preserve, and promote quality affordable housing to low- and moderate-income households.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$51K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $259K a year · 34% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$51K
to officers and key staff · 8% of spending
Top officer’s pay lower than 94% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$23K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+192% vs prior year
Spent
$676K
To programs
86%
Net assets
$580K
By yearFY2023–FY2025
Revenue
$1.1M
FY2025▲ +192%
Tap a bar for its year
Revenue by fiscal year
FY2023$91K
FY2024$387K
FY2025$1.1M
Expenses
$676K
FY2025▲ +109%
Tap a bar for its year
Expenses by fiscal year
FY2023Not on file
FY2024$323K
FY2025$676K
Net assets
$580K
FY2025▲ +428%
Tap a bar for its year
Net assets by fiscal year
FY2023$46K
FY2024$110K
FY2025$580K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2021.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $582K Management & general 14% · $94K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990; $51K paid to officers and key staff.

Part VII, Section A · reportable compensation
$46,950Pt VII · Sec A
$4,000Pt VII · Sec A
Director
$0Pt VII · Sec A

Alexander Chrisope’s $47K as President is at the 6th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Alexander Chrisope$46,950$54,600$22,340
Gregory White$4,000$2,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Housing Line 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. Claim this org to fix it.

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 15aYes

Programs and updates

Develops and preserves quality affordable housing for low- and moderate-income families.

Questions for Housing Line INC

Tap to ask. Housing Line INC sees how many people are interested.

Your first name shows with your question. Housing Line INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $582K · in their own filed words · FY2025
01

Housing Line Inc has achieved the lease-up of low-income apartments, and has connected thousands of New Yorkers to developers of affordable housing.

$582Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.1M
Money outPt IX
$676K
Ln 25
Programscol B$582K
Managementcol C$94K
Owns and owesPt X
$580K
net assets · Ln 32
Cash and savingsLn 1–2$283K
Total assetsLn 16$603K
LiabilitiesLn 26$23K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$283K
Cash and savings togetherLn 1–2$283K
Land, buildings, equipmentLn 10c$123K
Other assetsLn 15$5K
Total assetsLn 16$603K
LiabilitiesLn 26$23K
Net assetsLn 32$580K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$103K$283K
Land, buildings, equipmentLn 10c$7K$123K
Total assetsLn 16$140K$603K
LiabilitiesLn 26$30K$23K
Net assetsLn 32$110K$580K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$47K$42K$5K$0
Other salaries and wagesLn 7$163K$163K$0$0
Other employee benefitsLn 9$5K$5K$104$0
Payroll taxesLn 10$18K$17K$396$0
Accounting feesLn 11c$6K$0$6K$0
Other fees for servicesLn 11g$112K$56K$56K$0
Office expensesLn 13$878$0$878$0
Information technologyLn 14$58K$58K$0$0
OccupancyLn 16$60K$54K$6K$0
Conferences, conventions and meetingsLn 19$915$915$0$0
Depreciation, depletion and amortizationLn 22$24K$24K$0$0
InsuranceLn 23$7K$7K$27$0
Other expenses (24a–d)Ln 24$162K$142K$19K$0
All other expensesLn 24e$12K$12K$0$0
Total functional expensesLn 25$676K$582K$94K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.1M$676K$454K$580K 990 PDF
FY2024 $387K$323K$64K$110K 990 PDF
FY2023 $91K$46K 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 FY2025 990 (6 parts)
Part I · Summary $1,130,113 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $386,858$1,130,113
I-10 Investment income$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $386,858$1,130,113
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $116,777$232,758
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $205,982$442,866
I-18 Total expensesPrior year $322,759$675,624
I-19 Revenue less expensesPrior year $64,099$454,489
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,130,113 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,130,113
VIII-12 Total revenueRelated to mission $1,130,113 · Unrelated business $0 · Excluded from tax $0$1,130,113
Part IX · Statement of functional expenses $675,624 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $42,255 · Management $4,695 · Fundraising $0$46,950
IX-7 Other salaries and wagesPrograms $163,411 · Management $0 · Fundraising $0$163,411
IX-9 Other employee benefitsPrograms $4,541 · Management $104 · Fundraising $0$4,645
IX-10 Payroll taxesPrograms $17,356 · Management $396 · Fundraising $0$17,752
IX-11c Accounting feesPrograms $0 · Management $6,009 · Fundraising $0$6,009
IX-11g Other fees for servicesPrograms $56,204 · Management $56,205 · Fundraising $0$112,409
IX-13 Office expensesPrograms $0 · Management $878 · Fundraising $0$878
IX-14 Information technologyPrograms $58,245 · Management $0 · Fundraising $0$58,245
IX-16 OccupancyPrograms $54,000 · Management $6,000 · Fundraising $0$60,000
IX-19 Conferences, conventions and meetingsPrograms $915 · Management $0 · Fundraising $0$915
IX-22 Depreciation, depletion and amortizationPrograms $23,714 · Management $0 · Fundraising $0$23,714
IX-23 InsurancePrograms $6,745 · Management $27 · Fundraising $0$6,772
IX-24 Other expenses (24a–d)Programs $142,212 · Management $19,477 · Fundraising $0$161,689
IX-24e All other expensesPrograms $12,235 · Management $0 · Fundraising $0$12,235
IX-25 Total functional expensesPrograms $581,833 · Management $93,791 · Fundraising $0$675,624
Part X · Balance sheet $602,775 assets, 11 lines filed
Asset lines not itemized here account for $1,400; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $102,957$283,336
X-4 Accounts receivableStart of year $24,840$188,699
X-9 Prepaid expenses and deferred chargesStart of year $582$929
X-10c Land, buildings and equipment, netStart of year $6,831$123,411
X-15 Other assetsStart of year $5,000$5,000
X-16 Total assetsStart of year $140,210$602,775
X-17 Accounts payable and accrued expensesStart of year $30,283$22,868
X-26 Total liabilitiesStart of year $30,283$22,868
X-27 Net assets without donor restrictionsStart of year $109,927$579,907
X-32 Total net assets or fund balancesStart of year $109,927$579,907
X-33 Total liabilities and net assetsStart of year $140,210$602,775
Part XI · Reconciliation of net assets $579,907 net assets at year end
XI-1 Total revenue$1,130,113
XI-2 Total expenses$675,624
XI-3 Revenue less expenses$454,489
XI-4 Net assets at start of year$109,927
XI-8 Prior period adjustments$15,491
XI-10 Net assets at end of year$579,907

Form 990 e-file (XML) FY2025 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

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.