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New York BBB Wise Giving Report for
Wyandanch Homes and Property Development Corporation

A BBB Accredited charity

 



Expiration Date:
11/2016
Name:
Wyandanch Homes and Property Development Corporation
Address:
819 Grand Boulevard
Wyandanch, NY 11729
Phone:
631-940-6524
Web Site:
Year, State Incorporated:
1985, New York
Affiliates:
None
Stated Purpose:
" Wyandanch Homes and Property Development Corporation was created in 1985 to alleviate a severe housing shortage for low income families living in Wyandanch and other impacted Suffolk County communities. The core objective of WHPDC is to rebuild both communities and families by providing them with stable housing and supportive services, which enable them to achieve economic self- sufficiency. "





Evaluation Conclusions
 

              
Wyandanch Homes and Property Development Corporation (WHPDC) meets the 20 Standards for Charity Accountability.




Programs
 

              
We assist economically disadvantaged families become economically self-sufficient. Chronically economically disadvantaged individuals are in great need of support and direction. Dependent on the Social Welfare system for their sustenance, they may learn to doubt the possibility of a self-sufficient future. Intensive case management and staff involvement helps families to trust the program and to believe in their own potential for self-sufficiency.



Governance
 

              
Chief Executive Officer:
Ms. Debbie Joseph, Acting Executive Director
Compensation*:
$81,896
Chair of the Board:
Mr. Cosco Williams
Chair's Profession / Business Affiliation:
Po Box 98, Wyandanch NY 11798
Board Size:
6
Paid Staff Size:
4



Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Grant Proposals




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on WHPDC's Audited Financial Statements for the fiscal year ended December 31, 2013.

Source of Funds  

Rental Income

$356,892

Government Grants

109,575

Private Grants

85,985

interest Income

3,881

Contributions

(329)

Total Income

$556,004

Program Expenses  

Program Services

$668,216
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

668,216
16,588
192,793

$861,009

$(305,005)




Uses of Funds as a % of Total Expenses


Programs: 78%  Fund Raising: 2%  Administrative 22% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,936,097
Ending net assets 1,649,400
Total liabilities 80,046

Total assets

$1,729,446






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.