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SEMIPERM HOUSING DEVELOPMENT FUND CORPORATION

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Public IRS 990 nonprofit record

SEMIPERM HOUSING DEVELOPMENT FUND CORPORATION

EIN 13-4333566 · Low-Income & Subsidized Rental Housing (L21)

What they do

to PROVIDE LOW-INCOME AFFORDABLE HOUSING to FORMERLY HOMELESS SINGLE PARENT FAMILIES WITH SUPPORTIVE SERVICES THAT PREPARE THEM for INDEPENDENT LIVING. THE ORGANIZATION RECEIVES LABOR SERVICES FROM SETTLEMENT HOUSING FUND, INC.,(SHF) ITS AFFILIATED PARENT ORGANIZATION. THE ORGANIZATION REIMBURSES SHF for THE WAGE COSTS PAID BY SHF INC. for THESE SERVICES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $94.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

144.37%of revenue went to mission work94.9% of expenses · Program services
$152.06spent for every $100 of revenueSpending was higher than revenue this year.
7.70%of revenue went to management and office costs5.1% of expenses
$8.05in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $228,989 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $16,551 for ALEXA SEWELL (PRESIDENT (THROUGH 2/23/24)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$439,815
Mission workProgram services$634,956144.37% of revenue94.9% of expenses
ManagementOffice and general costs$33,8487.70% of revenue5.1% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$668,804152.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202494.9% mission
202395.5% mission
202294.3% mission
202194.6% mission
202095.1% mission
201995.7% mission
201898.4% mission
201797.3% mission

Money in and money out

Revenue$439,815
Expenses$668,804
Annual shortfall $228,989 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$634,956 · 94.9% of expenses
Management and office costs$33,848 · 5.1% of expenses
See all reported dollar amounts
Revenue$439,815
Expenses$668,804
Assets$5,384,266
Income$439,815
Mission work (program services)$634,956
Management and general$33,848
Accounting fees$13,916
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ALEXA SEWELLPRESIDENT (THROUGH 2/23/24) $16,551Base · Other $16,551
JACQUELINE TOMTREASURER $16,524Base · Other $16,524
JOANNA KAMHISECRETARY $16,524Base · Other $16,524
MICHAEL GABOURYVICE PRESIDENT $16,524Base · Other $16,524
RICHARD JOHNSPRESIDENT $6,216Base · Other $6,216

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

ALEXA SEWELLPRESIDENT (THROUGH 2/23/24)

JACQUELINE TOMTREASURER

JOANNA KAMHISECRETARY

MICHAEL GABOURYVICE PRESIDENT

RICHARD JOHNSPRESIDENT

About this charity

Recognized since
January 2007
Location
247 W 37TH STREET 4TH FL, NEW YORK, NY 10018
County
New York
In care of
JUDY HERBSTMAN
Primary officer
JUDY HERBSTMAN, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
COHNREZNICK ADVISORY LLC
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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