SAMMON BUILD CENTER HOUSING DEVELOPMENT FUND CORP

EIN: 133458299 501(c)(3) Housing & Shelter

BRONX, NY

Total Revenue
$2,261,672
Total Expenses
$2,130,746
Total Assets
$428,594
Net Assets
$163,066
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
FATHER JOSEPH MURRAY
Phone
7189336935
Tax Period
2024-07-01 to 2025-06-30

SAMMON BUILD CENTER HOUSING DEVELOPMENT FUND CORP, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 6% surplus.

Mission

PROVIDE TEMPORARY HOUSING TO HOMELESS FAMILIES IN THE BRONX. THE FACILITY IS A TIER II SHELTER FUNDED BY THE NYC DEPARTMENT OF HOMELESS SERVICES. THE POPULATION OF THE FAMILIES SERVED IS HOMELESS WOMEN AND THEIR CHILDREN UNDER 14 YEARS OLD. THE SHELTER'S CAPACITY IS 49 RESIDENTIAL UNITS. SOCIAL SERVICES ARE PROVIDED TO THE RESIDENTS. THE GOAL IS TO FIND PERMANENT HOUSING FOR THE FAMILIES IN THE SHELTER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,234,144
Program Service Revenue $0
Investment Income $27,528
Other Revenue $0
TOTAL REVENUE $2,261,672

Expense Breakdown

Grants Paid $0
Salaries & Benefits $874,614
Fundraising Expenses $0
Program Expenses $2,127,073
Other Expenses $1,256,132
TOTAL EXPENSES $2,130,746

Year-over-Year Comparison

2024 2023 Change
Revenue $2,261,672 $2,041,703 +0.1%
Expenses $2,130,746 $2,040,211 +0.0%
Net Income $130,926 $1,492 +86.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
19
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$143,502
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FATHER JOSEPH MURRAY CHAIRPERSON 1.00
Officer
$0 $0 $0
SR MARGARET MCDERMOTT TREASURER 1.00
Officer
$0 $0 $0
SR ROSE ELLEN GORMAN SECRETARY 1.00
Officer
$0 $0 $0
KATHY NICHOLS BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLY STANDISH EXECUTIVE DI 5.00
Officer
$0 $18,745 $143,502
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,261,672 $2,130,746 $428,594 $130,926
2024 $2,041,703 $2,040,211 $329,131 $1,492
2023 $1,852,721 $1,849,442 $146,238 $3,279
2022 $2,019,637 $1,873,204 $258,496 $146,433
2021 $1,833,749 $1,818,258 $299,370 $15,491
2020 $1,876,950 $1,870,928 $235,733 $6,022
2019 $1,869,849 $1,867,238 $408,013 $2,611
2018 $1,619,543 $1,617,907 $237,619 $1,636
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