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1260 Housing Development Corporation

Public charityFed auditsIRS 990
DBA: % CECILIA LOOSE
Other · PHILADELPHIA, PA · EIN 23-2536730

About

1260 housing development corporation is a not-for-profit corporation established for the purpose of developing, acquiring, financing, and managing low-income permanent housing for individuals with behavioral health issues, as well as individuals in need of transitional and emergency housing in the city of philadelphia, pennsylvania.

In care of Cecilia Loose

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
10

Financial Snapshot

FY ending 2023-06-30
Revenue
$15.7M
Expenses
$16.0M
Assets
$83.7M
Liabilities
$38.3M

Financial history

$16.9M$8.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $15.7M · Peak FY2022: $16.9M · Avg: $15.5M
1260 HOUSING DEVELOPMENT CORPORATION
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Address

2042-48 ARCH Street 2ND Floor
Philadelphia, PA, 19103-000

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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