Doe Fund Inc in New York, New York (NY)

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Doe Fund Inc
Employer Identification Number (EIN)133412540
Name of OrganizationDoe Fund Inc
In Care of NameGeorge Mcdonald
Address232 E 84th St, New York, NY 10028-2902
ActivitiesSupplying money, goods or services to the poor
SubsectionCharitable Organization
Ruling Date02/1988
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2011
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$50,817,512
Amount of Income$15,464,651
Form 990 Revenue Amount$15,014,156
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Public Housing Facilities


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Amount of income in 2011: $15,464,651
This organization: 

 $15,464,651
Other organizations performing similar types of work: 

 $847,015

Assets in 2011: $50,817,512
This organization: 

 $50,817,512
Other organizations performing similar types of work: 

 $2,720,897

Expenses in 2007: $9,639,454
Doe Fund Inc: 

 $9,639,454
Other organizations performing similar types of work: 

 $801,737

Income to expenses ratio in 2007: 0.9
Doe Fund Inc: 

 0.9
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 21.9%
This organization: 

 21.9%
Other organizations performing similar types of work: 

 91.0%

Number of employees in 2007: 96
This organization: 

 96
Other organizations performing similar types of work: 

 6

Employees paid over $50,000 in 2007: 32.3%
Doe Fund Inc: 

 32.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2007: 74.6%
This organization: 

 74.6%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$16,350,447$19,644,086$23,075,316$22,249,588$16,891,768$50,681,672$6,519,760$8,214,305
Contributions, gifts, grants, and similar amounts received$1,585,024$1,086,413$4,235,066$3,149,366$4,486,630$5,214,436$4,133,563$6,130,467
Contributions to donor advised funds$0$250,000
Direct public support$1,450,039$1,075,317$4,223,970$3,138,866$4,476,292$5,204,905$4,126,045$5,850,845
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$134,985$11,096$11,096$10,500$10,338$9,531$7,518$29,622
Program service revenue including government fees and contracts$12,529,798$16,028,935$15,811,142$16,500,136$9,774,554$17,828,186$1,514,286$1,858,954
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$284,153$1,693,147$1,954,771$1,386,563$176,497$157,673$561,752$0
Dividends and interest from securities$0$0$0$0$0$0$2,092$287,977
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$-16,663$27,290,108$53,136$-63,093
Gross amount from sales of assets other than inventory$0$0$0$0$161,971$89,087,028$3,320,454$567,913
Less: cost or other basis and sales expenses$0$0$0$0$178,634$61,796,920$3,267,318$631,006
Net income or (loss) from special events and activities$1,124,972$661,621$885,106$1,061,081$0$0$0$0
Gross revenue$1,448,172$965,584$1,249,479$1,446,294$438,099$454,445$455,287$486,217
Less: direct expenses other than fundraising expenses$323,200$303,963$364,373$385,213$438,099$454,445$455,287$486,217
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$826,500$173,970$189,231$152,442$2,470,750$191,269$254,931$0
Total expenses$17,266,215$22,822,391$24,070,443$24,938,712$16,534,586$28,596,190$8,833,200$9,639,454
Program services$14,406,715$19,963,526$20,444,161$20,250,830$10,846,605$22,309,278$440,282$2,112,634
Management and general$1,867,299$1,726,047$2,334,650$3,351,638$4,103,105$4,590,834$6,618,749$5,898,173
Fundraising$992,201$1,132,818$1,291,632$1,336,244$1,584,876$1,696,078$1,774,169$1,628,647
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$860,542$-3,340,442$-4,192,247$-6,453,209$683,437$23,090,821$20,773,296$19,351,977
Excess or (deficit) for the year$-915,768$-3,178,305$-995,127$-2,689,124$357,182$22,085,482$-2,313,440$-1,425,149
Net assets or fund balances at beginning of year$1,889,481$860,542$-3,340,442$-4,192,247$-6,453,209$683,437$23,090,821$20,773,296
Other changes in net assets or fund balances$-113,171$-1,022,679$143,322$428,162$6,779,464$321,902$-4,085$3,830
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$9,639,454$2,112,634$5,898,173$1,628,647
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$2,966,633$0$2,966,633$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$2,545,726$1,442,496$188,608$914,622
Pension plan contributions not included above$23,926$13,494$785$9,647
Employee benefits not included above$198,513$58,218$98,674$41,621
Payroll taxes$409,303$76,947$277,345$55,011
Professional fundraising fees$0$0$0$0
Accounting fees$116,210$0$116,210$0
Legal fees$66,863$0$66,863$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$483,347$55,079$385,333$42,935
Equipment rental and maintenance$61,292$200$49,539$11,553
Printing and publications$0$0$0$0
Travel$124,573$27,920$96,458$195
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$223,913$4,746$219,167$0
Other expenses not covered above$2,419,155$433,534$1,432,558$553,063
Balance Sheets
20002001200220032004200520062007
Total assets$112,799,460$111,564,728$112,756,919$111,252,891$76,265,576$28,029,562$29,678,056$35,565,665
Cash - non-interest-bearing$440,296$409,040$1,255,272$662,356$203,510$9,443,891$4,795,048$2,874,233
Savings and temporary cash investments$0$0$0$0$0$11,442$178,603$13,325
Accounts receivable less allowance for doubtful accounts$492,126$660,704$1,773,623$903,383$44,381$943,069$1,295,736$197,596
Pledges receivable less allowance for doubtful accounts$0$0$0$0$125,000$15,000$15,000$241,000
Grants receivable$0$0$0$0$666,000$528,102$0$205
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$1,148,054$1,298,429$1,280,002$1,346,671$4,383,508$46,455$47,364$51,853
Investments - publicly-traded securities$0$0
Investments - other securities$46,031$21,023$21,023$91,799$22,133$56,896$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$28,802$0$430$430$0$0
Land, buildings, and equipment less accumulated depreciation$86,841,313$86,139,257$84,740,747$0$57,210,986$282,505$1,824,317$2,155,490
Other assets, including program-related investments$23,831,640$23,036,275$23,657,450$108,248,682$13,609,628$16,701,772$21,521,988$30,031,963
Total liabilities$111,938,918$114,905,170$116,949,166$117,706,100$75,582,139$4,938,741$8,904,760$16,213,688
Accounts payable and accrued expenses$9,329,834$7,116,721$7,923,265$5,583,661$2,138,649$393,327$936,570$2,068,308
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$2,518,698$814,936$12,391$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$99,237,100$99,032,320$96,855,042$96,655,375$70,850,445$0$2,000,000$3,101,202
Other liabilities$3,371,984$8,756,129$12,170,859$12,948,366$1,778,109$4,533,023$5,968,190$11,044,178
Total liabilities and net assets/fund balances$112,799,460$111,564,728$112,756,919$111,252,891$76,265,576$28,029,562$29,678,056$35,565,665
Total net assets or fund balances$860,542$-3,340,442$-4,192,247$-6,453,209$683,437$23,090,821$20,773,296$19,351,977
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$16,350,447$19,644,086$23,075,316$22,249,588$16,891,768$50,681,672$6,519,760$8,214,305
Total revenue, gains, and other support per audited financial statements$16,350,447$19,644,086$23,075,316$22,249,588$16,891,768$50,681,672$6,515,675$8,218,135
Other expenses$0$0$0$0$0$0$-4,085$3,830
Net unrealized gains on investments$0$0$0$0$0$0$-4,085$3,830
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$17,266,215$22,822,391$24,070,443$24,938,712$16,534,586$28,596,190$8,833,200$9,639,454
Total expenses and losses per audited financial statements$17,266,215$22,822,391$24,070,443$24,938,712$16,534,586$28,596,190$8,833,200$9,639,454
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$404,425$14,996$0
40$299,078$5,920$0
40$220,462$11,645$0
40$201,753$21,241$0
40$183,028$9,503$0
40$182,143$5,909$0
40$157,981$5,267$0
40$145,445$14,413$0
40$145,002$6,529$0
40$138,546$11,957$0
40$127,496$8,737$0
40$116,580$9,044$0
40$110,253$7,736$0
40$100,095$3,342$0
40$94,043$7,377$0
40$91,484$7,271$0
40$89,799$8,133$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200696
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$224,884$1,858,954
Program service revenue
Program service revenue 1000000$000$0$1,280,870
Program service revenue 2000000$000$0$578,084
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$287,977$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-63,093$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
262694001100%$0$0
050567718100%$0$0
731687383100%$0$0
261445962100%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$74,781$7,629$0
$79,580$2,736$0
$73,273$6,976$0
$70,050$7,310$0
$70,605$4,778$0
Total number of other employees paid over $50,0009
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$12,025,022$14,573,898$17,285,159$19,556,806$22,200,687$14,421,018$22,672,193$6,739,795
Gifts, grants, and contributions received$1,323,525$1,585,024$1,086,413$4,235,066$4,313,988$4,486,630$4,686,334$4,661,665
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$1,704,203$1,448,172$965,584$13,365,755$17,646,636$9,774,554$17,828,186$1,514,286
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$8,997,294$11,540,702$15,233,162$1,955,985$240,063$176,497$157,673$563,844
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$-16,663$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Corporation For Supportive Housing50 Broadway Fl 17, New York, NY 10004-3816NY1991-04$48,935,036
2First Chinese Presbyterian Community Affairs Home Attendant C121 Avenue Of The Americas Rm 504, New York, NY 10013-1510NY1990-03$39,364,784
3Community Initiatives Development Corporation18 Aitken Ave, Hudson, NY 12534-2602NY1994-07$31,642,122
4Housing Visions Unlimited Inc, Group Return1201 E Fayette St Ste 26, Syracuse, NY 13210-1989NY1992-08$26,068,085
5Pathstone Corporation, Group Return Pathstone Housing Acti400 East Ave, Rochester, NY 14607-1910NY1982-09$17,746,600
6Doe Fund Inc232 E 84th St, New York, NY 10028-2902NY1988-02$15,464,651
7Nhs Community Development Corp307 W 36th St Fl 12, New York, NY 10018-6495NY1997-03$12,799,923
8Prince George S Affordable Housing Inc112 East 42nd Street No 3605, New York, NY 10168NY1998-10$8,922,399
9Highbridge Community Housing Development Fund Corporation1465 Nelson Dr, Bronx, NY 10452-1758NY1989-07$7,661,814
10St Margarets House Housing Development Fund Corporation49 Fulton Street, New York, NY 10038-1836NY2001-08$5,273,868
11Faces Ny Inc317 Lenox Ave 10th Floor, New York, NY 10027-4461NY1989-10$4,914,591
12Syracuse Senior Citizens Project CorpPO BOX 4967, Syracuse, NY 13221-4967NY1969-07$3,819,394
13West Harlem Group Assistance Inc1652 Amsterdam Ave, New York, NY 10031-6166NY1973-01$3,403,250
14Christopher Community Inc990 James Street, Syracuse, NY 13203-2879NY1946-03$3,145,890
15New Goddard Riverside Housing Development Fund Company IncNew York, NY 10019NY$3,021,506
16Thorpe Housing Development Fund Company IncPO BOX 254, Sparkill, NY 10976-0254NY1979-07$2,630,453
17District Three Iue Housing Development Fund Corporation60 Cottage Street, Troy, NY 12180-6416NY1986-04$2,597,736
18Marien-Heim Of Sunset Park4520 4th Ave, Brooklyn, NY 11220-1152NY$2,465,003
19Onondaga Apartments Housing Development Fund Company Inc990 James Street, Syracuse, NY 13203-2879NY1978-03$2,298,462
20St Philips On Convent Avenue, Corporation2534 Adam Clayton Powell Blvd, New York, NY 10039NY1990-07$2,000,430
21American Foundation For Affordable Housing Inc, Kingsport5 W Main St Ste 214, Elmsford, NY 10523-2448NY1993-08$1,868,338
22Spiti Housing Development Fund Company Inc49 West 45th Street, New York, NY 10036-4603NY1994-04$1,857,245
23Parkway Elderly Housing Development Fund Co Inc101 Columbia St, Corning, NY 14830-2828NY1973-12$1,673,479
24Peekskill Senior Citizens Housing Development Fund Corporation5 W Main St, Elmsford, NY 10523-2416NY1993-07$1,440,816
25Hudson Valley Senior Residence80 Washington Ave, Kingston, NY 12401-4834NY1931-08$1,425,634
26General Chauncey M Hooper Towers Housing Development Fund Co Inc8714 116th St, Richmond Hill, NY 11418-2426NY1982-12$1,387,126
27Shore Hill Housing Co Inc9000 Shore Road, Brooklyn, NY 11209-5401NY1980-07$1,351,434
28Apropos-Housing Opportunities And Management Enterprises Inc141 Tompkins Ave Fl 3, Pleasantville, NY 10570-3169NY1986-07$1,305,209
29St Luke Housing Development Fund Co Inc990 James Street, Syracuse, NY 13203-2879NY1946-03$1,186,257
30Everlasting Pine Housing Development Fund Company Inc96 Baxter Street, New York, NY 10013-4482NY1984-12$1,180,549
Number of organizations performing similar types of work
Alaska2
Alabama6
Arkansas3
Arizona12
California100
Colorado15
Connecticut8
District of Columbia6
Delaware2
Florida31
Georgia20
Hawaii12
Iowa10
Idaho3
Illinois35
Indiana6
Kansas4
Kentucky4
Louisiana13
Massachusetts23
Maryland9
Maine7
Michigan23
Minnesota19
Missouri16
Mississippi5
Montana3
North Carolina13
North Dakota2
Nebraska3
New Hampshire1
New Jersey22
New Mexico6
Nevada1
New York76
Ohio47
Oklahoma2
Oregon9
Pennsylvania46
Rhode Island4
South Carolina4
South Dakota4
Tennessee11
Texas36
Utah1
Virginia27
Vermont5
Washington10
Wisconsin12
West Virginia1
Wyoming1
International3
Total744

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